Overview
What is Epsilon Tau Endowment Fund Inc?
Epsilon Tau Endowment Fund Inc is a nonprofit organization situated in Greenville, South Carolina. Their primary mission is to foster community service and education, with a strong emphasis on encouraging young individuals to engage in their local communities. This nonprofit organization values both academic achievements and community involvement, basing its scholarships on both a student's GPA and their commitment to service. The Epsilon Tau Endowment Fund Inc supports the growth and development of the community by empowering its future leaders through education and community engagement.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
The Epsilon Tau Endowment Fund Inc has received a low rating of 53% from Charity Navigator, primarily due to significant shortcomings in accountability and finance. The organization has no independent board members, which raises concerns about governance. Additionally, it is lacking several important policies, including those related to conflict of interest and whistleblowing, which are critical for transparency and ethical operation.
Despite these governance issues, the organization has reported a 100% program expense ratio, indicating that all of its expenses are directed toward programs, which is a positive aspect. However, the absence of key documents and policies, such as the missing website listed on the tax form and the lack of a documented conflict of interest policy, further diminishes its overall accountability rating.
Overall, while the Epsilon Tau Endowment Fund Inc effectively channels its resources into its programs, the lack of independent oversight and missing governance documentation may deter potential donors and supporters who prioritize transparency and accountability in nonprofit organizations.
This AI summary has been generated from information found on Charity Navigator.
Is Epsilon Tau Endowment Fund Inc legitimate?
Epsilon Tau Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Epsilon Tau Endowment Fund 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: $0
For more financial information, click here
What is the mission statement of Epsilon Tau Endowment Fund Inc?
The Epsilon Tau Endowment Fund Inc, as stated in its mission, is dedicated to promoting community service and education. This organization offers scholarships as a means of encouragement, basing them on a student's academic performance and involvement in community service activities. By doing so, it aims to foster a sense of responsibility towards the community and support those who are committed to both their studies and community involvement.
Who is the CEO of Epsilon Tau Endowment Fund Inc?
Valerie Chatman is the President of Epsilon Tau Endowment Fund Inc.
What is the revenue of Epsilon Tau Endowment Fund Inc?
Epsilon Tau Endowment Fund Inc's revenue in 2022 was $85,371.
Who are the executives of Epsilon Tau Endowment Fund Inc and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Epsilon Tau Endowment Fund Inc?
Epsilon Tau Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Epsilon Tau Endowment Fund Inc
Epsilon Tau Endowment Fund Inc is an organization committed to inspiring community service and fostering education. It accomplishes this by offering scholarships to individuals who excel academically and demonstrate a dedication to serving their community. The Fund's mission is to encourage young people to actively participate in community activities while maintaining their academic pursuits. By providing financial assistance based on both academic performance and community involvement, Epsilon Tau Endowment Fund Inc aims to motivate individuals to make a positive impact in their communities while furthering their education.
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Impact
October, 2024
Epsilon Tau Endowment Fund Inc significantly impacts the Greenville community by fostering a culture of service and education. Through scholarship programs that prioritize both academic achievement and community involvement, it incentivizes students to excel academically while also giving back to their neighborhoods. This dual focus not only supports individual growth but also strengthens community bonds, encouraging a generation of responsible and engaged citizens. By investing in the education of motivated students, Epsilon Tau contributes to a brighter future for both the students and the wider community, ensuring that the values of service and excellence are upheld.
This information is meant to be a general summary of Epsilon Tau Endowment Fund 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 2022.
- Gross Receipts: $85,371
Assets and Liabilities:
- Total Assets: $429,642
- Total Liabilities: $0
- Net Assets: $429,642
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Organization Details
Founding Year
1988
Principal Officer
Valerie Chatman
Main Address
PO Box 10934, Greenville, SC, 29603
NTEE Category
Code: B82 - Education
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