Overview
What is South Carolina Governors School For Science & Mathematics Foundation Inc?
The South Carolina Governors School for Science & Mathematics Foundation Inc is a nonprofit organization situated in Columbia, South Carolina, with a team of six dedicated individuals. Its primary mission is to advocate for and support the South Carolina Governor's School of Science & Mathematics, enhancing its programs and educational endeavors. The foundation accomplishes this by providing supplemental funds, amplifying its needs, and raising public awareness of its achievements and contributions to South Carolina's quality of life and economic prosperity. The foundation's efforts extend beyond financial support, as it also engages in various activities. These include funding student assistance, such as meal plans, application fees, college visits, and test fees. It additionally supports academic clubs and competitions by providing equipment, travel, lodging, and food. Moreover, the foundation is involved in GSSM's statewide virtual engineering program, economics & finance institute, PASE, statewide teacher training, and ENGAGE, a local middle school afterschool technology program led by GSSM students. The foundation also brings STEM education to underserved elementary schools through the STEM Bus, offering hands-on experiences in science, technology, engineering, and mathematics (STEM). Lastly, it allocates funds for the foundation's salary expenses, representing the work its staff undertakes in these programs. Overall, the South Carolina Governors School for Science & Mathematics Foundation Inc plays a crucial role in fostering educational opportunities and promoting STEM education in South Carolina.
Official website here: www.scgssm.org/support/gssm-foundation-board
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)
The South Carolina Governors School For Science & Mathematics Foundation Inc has received a "Needs Improvement" rating from Charity Navigator, with an overall score of 74%. While the organization has demonstrated strong accountability and finance practices, evidenced by perfect scores in many governance areas like having an independent board and robust audit oversight, its program expense ratio raises concerns, holding only 3 out of 25 possible points.
Strengths include a fully independent board and a strong financial oversight structure, which reflects a commitment to transparency and ethical governance. The organization's accountability measures, such as documented board meeting minutes and a whistleblower policy, are well-established, increasing stakeholder trust.
However, the limited program expense ratio indicates that a smaller portion of the foundation’s expenditures are directed towards programs, suggesting potential inefficiencies or a need for better resource allocation. This aspect could hinder its ability to achieve maximum impact in its mission, warranting attention for future improvement.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about South Carolina Governors School For Science & Mathematics Foundation Inc?
94% of 239 reviewers on Facebook recommend the South Carolina Governors School for Science & Mathematics Foundation Inc. Here's a summary of their reviews:
The general sentiment appears quite positive, particularly among parents who express hope and enthusiasm for their children's experiences at the school. Many appreciate the school's focus on science and mathematics, suggesting that it offers a nurturing environment that fosters academic growth. Although some reviews are more recent and express a sense of anticipation about their students' upcoming experiences, there is a strong underlying trust in the institution's quality.
Overall, families feel optimistic about the educational opportunities provided, indicating that the nonprofit successfully meets the expectations set for advanced learning in specialized fields.
This AI summary has been generated from reviews found on Facebook.
Is South Carolina Governors School For Science & Mathematics Foundation Inc legitimate?
South Carolina Governors School For Science & Mathematics Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Carolina Governors School For Science & Mathematics 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: $185,323
Professional Fundraising Fees: $0
Other Salaries and Wages: $231,448
For more financial information, click here
Official website here: www.scgssm.org/support/gssm-foundation-board
What is the mission statement of South Carolina Governors School For Science & Mathematics Foundation Inc?
The South Carolina Governors School for Science & Mathematics Foundation's mission is to champion the interests of the South Carolina Governor's School of Science & Mathematics. It accomplishes this by advocating for the school's needs, providing additional funding to enhance its programs, and raising public awareness of its achievements and contributions to the quality of life and economic prosperity in South Carolina. The foundation supports various educational initiatives, such as financial aid for meals and student assistance, funding for academic clubs and competitions, and STEM education programs for underserved areas. It also contributes to GSSM's statewide virtual engineering program, economics and finance institute, and local after-school technology program, among others. The foundation's activities also include allocating resources for staff salaries, working on these programs to ensure the school's continued success.
Official website here: www.scgssm.org/support/gssm-foundation-board
Who is the CEO of South Carolina Governors School For Science & Mathematics Foundation Inc?
Mary M Gentry is the Member of South Carolina Governors School For Science & Mathematics Foundation Inc.
Official website here: www.scgssm.org/support/gssm-foundation-board
What is the revenue of South Carolina Governors School For Science & Mathematics Foundation Inc?
South Carolina Governors School For Science & Mathematics Foundation Inc's revenue in 2023 was $1,256,044.
Official website here: www.scgssm.org/support/gssm-foundation-board
Who are the executives of South Carolina Governors School For Science & Mathematics Foundation Inc and what are their salaries?
The average compensation at South Carolina Governors School For Science & Mathematics Foundation Inc during 2023 was $69,462. There are 6 employees and 35 volunteers at South Carolina Governors School For Science & Mathematics Foundation Inc.
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- Compensation: $170,214
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Official website here: www.scgssm.org/support/gssm-foundation-board
Where can I find the form 990 for South Carolina Governors School For Science & Mathematics Foundation Inc?
South Carolina Governors School For Science & Mathematics Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.scgssm.org/support/gssm-foundation-board
Learn more at the official website: www.scgssm.org/support/gssm-foundation-board
Mission Statement of South Carolina Governors School For Science & Mathematics Foundation Inc
The South Carolina Governors School for Science & Mathematics Foundation Inc actively advocates for and supports the South Carolina Governor's School of Science & Mathematics. Its mission is threefold: firstly, it gives voice to the needs of the school, ensuring that its programs and educational endeavors receive the necessary funds and attention. Secondly, the foundation provides supplemental funds to augment these programs, aiming to enhance the quality of education and opportunities available to the students. Lastly, the organization informs the public about the accomplishments and contributions of the South Carolina Governor's School of Science & Mathematics, showcasing its role in improving the quality of life and fostering economic prosperity in South Carolina.
In practical terms, the foundation supports various initiatives and programs under the umbrella of the South Carolina Governor's School of Science & Mathematics. This includes providing financial aid for meal plans and other student assistance, such as application fees, college visits, and test fees. The foundation also supports the students' academic clubs and competitions, providing funds for equipment, travel, lodging, and food. One notable program is Accelerate, GSSM's statewide virtual engineering program. The foundation also supports the Economics & Finance Institute, PASE, statewide teacher training, and ENGAGE, a local middle school afterschool technology program led by GSSM students. Additionally, GSSM Elementary brings STEM education to elementary schools through the STEM Bus, offering hands-on STEM experiences to students in underserved areas of South Carolina. The foundation's activities also include allocating funds for the foundation's salary expenses, representing the work done by the foundation's staff in these programs.
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Impact
July, 2024
South Carolina Governors School For Science & Mathematics Foundation Inc advocates for the South Carolina Governor's School of Science & Mathematics and provides funds and support to enhance its programs and educational endeavors. The foundation supports the students at GSSM by providing financial aid for meal plans and other student assistance, supporting academic clubs and competitions, funding for equipment, travel, lodging, and food, and sponsoring various programs such as ACCELERATE, Economics & Finance Institute, PASE, and ENGAGE. Additionally, the foundation allocates funds for GSSM Elementary to bring STEM education to elementary schools through the STEM Bus, especially targeting underserved areas of South Carolina. By giving voice to the needs of the school, providing supplemental funds, and informing the public of its accomplishments, the foundation contributes to the quality of life and economic prosperity of South Carolina through education.
This information is meant to be a general summary of South Carolina Governors School For Science & Mathematics 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: $369,072
- Gross Receipts: $1,578,188
Assets and Liabilities:
- Total Assets: $13,970,033
- Total Liabilities: $143,291
- Net Assets: $13,826,742
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Organization Details
Founding Year
1990
Phone
(803) 252-9152Principal Officer
Mary M Gentry
Main Address
2711 MIDDLEBURG DRIVE 205, COLUMBIA, SC, 29204
NTEE Category
Code: B25Z - Education
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