Overview
What is Masonic Scholarship Endowment Trust Of Wv?
The Masonic Scholarship Endowment Trust of WV is a nonprofit organization based in Orlando, Florida. Its primary mission is to annually provide financial scholarships to students attending Marshall University and West Virginia University. By offering these scholarships, the trust aims to support the educational aspirations of students in these institutions. The trust's activities are focused on this mission, ensuring that deserving students have the financial means to pursue their education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 50%, One-Star out of Four Stars
The Masonic Scholarship Endowment Trust of West Virginia has received a low rating of 50%, which translates to a One-Star rating. This score is solely based on the Accountability & Finance category, indicating serious concerns regarding governance and transparency. The absence of independent board members and missing essential policies significantly lowers their accountability score.
Despite these weaknesses, the organization shows a positive program expense ratio of 89.94%, suggesting that a substantial portion of their funds is directed towards their mission. However, the lack of transparency through missing documents and policies raises questions about their operational integrity and oversight.
Overall, while the Masonic Scholarship Endowment Trust demonstrates a commitment to its programs, its governance issues and transparency failures are significant drawbacks that potential donors and stakeholders should consider. For further details, visit their website.
This AI summary has been generated from information found on Charity Navigator.
Is Masonic Scholarship Endowment Trust Of Wv legitimate?
Masonic Scholarship Endowment Trust Of Wv is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masonic Scholarship Endowment Trust Of Wv 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: $22,884
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Masonic Scholarship Endowment Trust Of Wv?
The Masonic Scholarship Endowment Trust of WV, in its mission, annually provides financial scholarships to students attending Marshall University and West Virginia University. The primary objective of this trust is to support the educational pursuits of these students, thereby contributing to their academic growth and future success. The scholarship awards offered by the trust aim to alleviate some of the financial burdens associated with higher education, enabling deserving students to focus on their studies. The trust's activities are centered around this mission, providing a valuable resource for students seeking financial assistance to attend these universities.
Who is the CEO of Masonic Scholarship Endowment Trust Of Wv?
Unavailable
What is the revenue of Masonic Scholarship Endowment Trust Of Wv?
Masonic Scholarship Endowment Trust Of Wv's revenue in 2022 was $44,282.
Who are the executives of Masonic Scholarship Endowment Trust Of Wv and what are their salaries?
There is 1 key member and their salary:
- Compensation: $22,883
- Related: $0
- Other: $0
Where can I find the form 990 for Masonic Scholarship Endowment Trust Of Wv?
Masonic Scholarship Endowment Trust Of Wv's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Masonic Scholarship Endowment Trust Of Wv
The Masonic Scholarship Endowment Trust of WV is committed to an annual mission of providing financial aid in the form of scholarships to students pursuing their education at Marshall University and West Virginia University. This nonprofit organization's primary objective is to support these students financially, enabling them to continue their academic journey without undue financial burden. By offering scholarships, the Masonic Scholarship Endowment Trust of WV contributes to the educational growth and success of its recipients, thereby fostering a well-educated and capable workforce for the future.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Masonic Scholarship Endowment Trust of WV significantly impacts the educational landscape for students attending Marshall University and West Virginia University by providing annual financial scholarships. This support alleviates the financial burden on students, enabling them to pursue their academic goals and focus on their studies without the added stress of tuition costs. By investing in higher education, the Trust helps to foster a new generation of graduates equipped with the skills and knowledge necessary to contribute to their communities and the workforce. The scholarship awards not only enhance accessibility to higher education but also promote academic excellence within the state of West Virginia. Ultimately, the Masonic Scholarship Endowment Trust of WV plays a crucial role in empowering students and supporting their educational aspirations.
This information is meant to be a general summary of Masonic Scholarship Endowment Trust Of Wv. 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 2022.
- Investment Income: $43,707
- Gross Receipts: $1,133,747
Assets and Liabilities:
- Total Assets: $5,352,361
- Total Liabilities: $0
- Net Assets: $5,352,361
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1968
Phone
(304) 348-7271Main Address
PO BOX 919798, ORLANDO, FL, 328919798
NTEE Category
Code: B82 - Education
If you are a representative of Masonic Scholarship Endowment Trust Of Wv and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.