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Otho Davis Scholarship Foundat

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 522200375 ✦ Deptford, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Otho Davis Scholarship Foundat?

The Otho Davis Scholarship Foundation is a nonprofit organization that awards scholarships to undergraduate, graduate, and medical students with a focus on sports medicine or a related field. Their primary mission is to provide financial assistance to students pursuing education in these areas, aiming to support the next generation of professionals in the field. The organization's activities are centered around this mission, offering scholarships to eligible students to help them advance their education and careers.


Official website here: www.othodavisfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Star Rating

The Otho Davis Scholarship Foundation has received a 76% rating from Charity Navigator, reflecting a solid commitment to accountability and financial practices. The charity's score is based entirely on its performance in the Accountability & Finance category, which showcases its strengths in governance and financial management, such as having an independent board comprised of 100% independent members.

Key strengths include a strong program expense ratio of 82.28%, indicating that the majority of its funds are directed towards its mission rather than administrative costs. Additionally, there are no material diversions of assets reported, which enhances its reliability. However, the organization has some limitations, notably the absence of essential policies such as conflict of interest, whistleblower, and document retention policies, which are critical for best practices in nonprofit governance.

Overall, while the Otho Davis Scholarship Foundation demonstrates strong financial health and governance, it should address the missing policies to bolster its accountability framework. This would further enhance its credibility and ensure long-term sustainability in carrying out its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Otho Davis Scholarship Foundat legitimate?

Otho Davis Scholarship Foundat is a legitimate nonprofit organization registered as a 501(c)(3) entity. Otho Davis Scholarship Foundat submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $20,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.othodavisfoundation.org

What is the mission statement of Otho Davis Scholarship Foundat?

The Otho Davis Scholarship Foundation's mission is centered around providing scholarships to graduate students who have a focus on sports medicine or a related field. Through their scholarship program, they aim to support and encourage individuals pursuing advanced studies in this area. The foundation's activities primarily revolve around awarding financial assistance to these students, fostering their growth and contributions in the field of sports medicine.


Official website here: www.othodavisfoundation.org

Who is the CEO of Otho Davis Scholarship Foundat?

Harold Carmichael is the Hael-President of Otho Davis Scholarship Foundat.


Official website here: www.othodavisfoundation.org

What is the revenue of Otho Davis Scholarship Foundat?

Otho Davis Scholarship Foundat's revenue in 2022 was $66,905.


Official website here: www.othodavisfoundation.org

Who are the executives of Otho Davis Scholarship Foundat and what are their salaries?

The average compensation at Otho Davis Scholarship Foundat during 2022 was $20,000. There is 1 employee and 30 volunteers at Otho Davis Scholarship Foundat.


Here are 5 key members and their salaries:


Harold Carmic (Hael-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James N Solano (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley A Wiel (Gus-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Duke Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Mascia (Exec Director)
  • Compensation: $20,000
  • Related: $0
  • Other: $0


Official website here: www.othodavisfoundation.org

Where can I find the form 990 for Otho Davis Scholarship Foundat?

Otho Davis Scholarship Foundat's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.othodavisfoundation.org

Learn more at the official website: www.othodavisfoundation.org

Mission Statement of Otho Davis Scholarship Foundat

The Otho Davis Scholarship Foundation is committed to honoring its mission by granting scholarships to graduate students who have a focus on sports medicine or a related field. By providing financial aid, this organization seeks to support individuals pursuing advanced education in this area, fostering the development of future professionals in this vital field. The Foundation's purpose is to empower these scholars, enabling them to make significant contributions to the world of sports medicine.

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Impact




August, 2024

The impact of the Otho Davis Scholarship Foundation is significant in supporting graduate students pursuing studies in sports medicine or related fields. By awarding scholarships to these individuals, the foundation is not only providing financial assistance but also investing in the future of sports medicine professionals. This support can help students achieve their academic and career goals, leading to advancements in the field of sports medicine and ultimately benefiting athletes and individuals involved in sports activities. The foundation's focus on education and empowerment through scholarships contributes to the growth and development of expertise in sports medicine, aligning with its mission to support students in this specialized area of healthcare.




This information is meant to be a general summary of Otho Davis Scholarship Foundat. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$66,905 (2022)
Expenses
$71,246 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $65
  • Gross Receipts: $149,849

Assets and Liabilities:

  • Total Assets: $170,641
  • Total Liabilities: $16,422
  • Net Assets: $154,219

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Organization Details

Founding Year

1999

Principal Officer

Harold Carmichael

Main Address

120 Liberty Way, DEPTFORD, NJ, 08096

NTEE Category

Code: B82 - Education

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