Overview
What is Martha Miller And J P Hackney Sr Scholarship Fund?
The Martha Miller and J P Hackney Sr Scholarship Fund is a charitable organization established through a bequest from Mildred Hackney Smith. With a mission to aid academically gifted students, the fund offers scholarships as its primary activity, investing in individuals who showcase exceptional academic abilities. The organization does not provide further details about its size, location, or specific programs, but its focus on educational support for meritorious students is evident.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star Rating)
The Martha Miller and J.P. Hackney Sr. Scholarship Fund has received a Two-Star rating from Charity Navigator, based entirely on its Accountability & Finance score. While the overall score indicates some concerns, it reflects a strong commitment to governance, with a fully independent board consisting of five members and no material diversion of assets.
Strengths highlighted include a high program expense ratio of 75.26%, indicating that the majority of funds are directed towards its programs, and complete documentation of board meeting minutes, showcasing transparency. The organization also demonstrates excellent financial management, exemplified by a 0.00% liabilities to assets ratio, which suggests a robust financial position.
However, the overall Two-Star rating implies that there may be areas for improvement that could enhance its accountability or effectiveness. While the strengths in governance and financial practices are notable, potential donors and supporters may want to consider these factors when assessing the charity's overall impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Martha Miller And J P Hackney Sr Scholarship Fund legitimate?
Martha Miller And J P Hackney Sr Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martha Miller And J P Hackney Sr Scholarship Fund 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: $0
For more financial information, click here
What is the mission statement of Martha Miller And J P Hackney Sr Scholarship Fund?
The Martha Miller and J P Hackney Sr Scholarship Fund, established through a bequest, is committed to offering scholarships to deserving students who excel academically. The fund's primary objective is to recognize and support these students financially, fostering their educational pursuits. The scholarship aims to make higher education more accessible, thereby empowering these students to reach their full potential. The fund's mission is grounded in the belief that academic excellence should be rewarded and that financial constraints should not hinder a student's educational journey.
Who is the CEO of Martha Miller And J P Hackney Sr Scholarship Fund?
Unavailable
What is the revenue of Martha Miller And J P Hackney Sr Scholarship Fund?
Martha Miller And J P Hackney Sr Scholarship Fund's revenue in 2022 was $0.
Who are the executives of Martha Miller And J P Hackney Sr Scholarship Fund and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Martha Miller And J P Hackney Sr Scholarship Fund?
Martha Miller And J P Hackney Sr Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Martha Miller And J P Hackney Sr Scholarship Fund
The Martha Miller and J P Hackney Sr Scholarship Fund, established through a generous bequest from Mildred Hackney Smith, is dedicated to a noble mission. This mission revolves around providing financial aid to deserving students who showcase outstanding academic abilities. The scholarship fund operates with the aim of recognizing and supporting these gifted individuals, fostering their educational growth and success.
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Impact
October, 2024
The Martha Miller and J P Hackney Sr Scholarship Fund significantly impacts students in Charlotte, NC, by providing crucial financial assistance for their educational pursuits. Established through a generous bequest from Mildred Hackney Smith, the fund focuses on rewarding academic excellence among deserving students. By alleviating some of the financial burdens associated with higher education, the scholarships empower recipients to pursue their academic goals, potentially leading to enhanced career opportunities and personal growth. This investment in education not only benefits individual students but also contributes to the community by fostering a well-educated populace that can drive positive change.
This information is meant to be a general summary of Martha Miller And J P Hackney Sr Scholarship Fund. 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.
Assets and Liabilities:
- Total Assets: $715,187
- Total Liabilities: $0
- Net Assets: $715,187
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Organization Details
Founding Year
1982
Phone
(704) 333-5428Main Address
300 Hawthorne Lane, Charlotte, NC, 28204
NTEE Category
Code: B82Z - Education
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