Overview
What is Phi Gamma Delta Educational Foundation Inc?
Phi Gamma Delta Educational Foundation Inc is a nonprofit organization committed to offering educational support and services to college students. Their initiatives encompass providing educational grants, covering related expenses, and offering scholarships, both undergraduate and AAA-level. The foundation's primary mission is to foster the academic growth and development of college students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star Rating)
The Phi Gamma Delta Educational Foundation Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its high performance in accountability and finance. The organization scored exceptionally well with a 95% in this category, indicating effective financial management and transparency. This rating signifies that the foundation is committed to responsible stewardship of its resources, ensuring donor trust and confidence.
Strengths of the foundation include its robust governance structure, with a fully independent board of 12 members and a comprehensive audit and oversight committee. The organization has implemented key policies such as conflict of interest and whistleblower protections, ensuring integrity and accountability. Additionally, its financial ratios indicate a solid foundation, with a low liability to asset ratio and a high program expense ratio, demonstrating effective use of funds for its programs.
While the performance is commendable, it is important for the foundation to maintain its high standards and continue to enhance its financial practices. There are no noted limitations in the feedback, suggesting a stable and well-managed organization that can effectively serve its mission while maintaining strong relationships with its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Phi Gamma Delta Educational Foundation Inc legitimate?
Phi Gamma Delta Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phi Gamma Delta Educational Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $288,526
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What is the mission statement of Phi Gamma Delta Educational Foundation Inc?
The Phi Gamma Delta Educational Foundation's mission is centered around providing educational support and services for college students. This mission is executed through various programs, including offering educational grants and related expenses, as well as providing undergraduate and AAA scholarships. The foundation aims to empower and assist college students in their academic pursuits.
Who is the CEO of Phi Gamma Delta Educational Foundation Inc?
Ben Robinson is the Director of Phi Gamma Delta Educational Foundation Inc.
What is the revenue of Phi Gamma Delta Educational Foundation Inc?
Phi Gamma Delta Educational Foundation Inc's revenue in 2023 was $3,880,356.
Who are the executives of Phi Gamma Delta Educational Foundation Inc and what are their salaries?
The average compensation at Phi Gamma Delta Educational Foundation Inc during 2023 was $144,263. There are 2 employees at Phi Gamma Delta Educational Foundation Inc.
Here are 13 key members and their salaries:
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- Compensation: $177,904
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Where can I find the form 990 for Phi Gamma Delta Educational Foundation Inc?
Phi Gamma Delta Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Phi Gamma Delta Educational Foundation Inc
Phi Gamma Delta Educational Foundation Inc is dedicated to providing educational support and services for college students. Their mission is centered around offering educational grants and covering related expenses, as well as providing undergraduate and AAA scholarships. By doing so, this organization aims to contribute to the academic growth and success of college students, thereby empowering them to reach their full potential.
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Impact
July, 2024
The impact of Phi Gamma Delta Educational Foundation Inc is evident in its provision of educational support and services for college students. Their programs involving educational grants, scholarships, and related expenses aim to alleviate financial burdens and provide opportunities for students to further their education. By focusing on supporting college students, the Foundation plays a vital role in nurturing the academic growth and success of young individuals pursuing higher education.
This information is meant to be a general summary of Phi Gamma Delta Educational Foundation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $887,203
- Gross Receipts: $3,978,300
Assets and Liabilities:
- Total Assets: $26,268,904
- Total Liabilities: $358,469
- Net Assets: $25,910,435
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Organization Details
Founding Year
1945
Phone
(859) 255-1848Principal Officer
Ben Robinson
Main Address
1201 RED MILE ROAD PO BOX 4599, LEXINGTON, KY, 40544
NTEE Category
Code: B83 - Education
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