Overview
What is Scottish Rite Foundation Of Gainc?
The Scottish Rite Foundation of Gainc is a nonprofit organization based in Warner Robins, Georgia. With a single employee, their primary mission is to provide higher education scholarships and financial aid to 89 deserving students residing in Georgia. Additionally, they offer financial aid to Rite Care clinics, contributing towards addressing children's language disorders. Their efforts aim to support the educational aspirations of local residents and address speech-related issues in young children.
Official website here: www.gascottishrite.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Scottish Rite Foundation of Gainc has achieved an impressive 97% rating on Charity Navigator, reflecting a high level of accountability and financial stability. This rating is exclusively based on the organization’s strong performance in the area of Accountability & Finance, which highlights its commitment to transparency and responsible financial management.
One of the organization's notable strengths is its fully independent board, consisting of 33 members, which scored a perfect 10 out of 10. The foundation has also demonstrated excellent practices in governance, including the implementation of a conflict of interest policy, whistleblower policy, and thorough documentation of board meeting minutes. Additionally, the foundation has reported no material diversion of assets, further reinforcing its trustworthiness.
Financially, the foundation shows a solid performance with 93.20% of its expenses directed towards programs, indicating that a significant majority of funds are utilized effectively for its mission. The liabilities to assets ratio stands at 0.00%, signaling a strong financial position. Overall, the Scottish Rite Foundation of Gainc exemplifies high standards in nonprofit governance and financial responsibility, although specifics regarding its programs or impact metrics are not detailed.
This AI summary has been generated from information found on Charity Navigator.
Is Scottish Rite Foundation Of Gainc legitimate?
Scottish Rite Foundation Of Gainc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scottish Rite Foundation Of Gainc 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: $12,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.gascottishrite.org
What is the mission statement of Scottish Rite Foundation Of Gainc?
The Scottish Rite Foundation of Gainc's mission is centered around providing higher education scholarships and financial aid to deserving students residing in Georgia, who are attending schools within the state. Additionally, the foundation extends financial aid to Rite Care Clinics, specifically for addressing children's language disorders. By providing these scholarships and financial assistance, the foundation aims to support the educational aspirations of its community's youth and address language-related challenges in children.
Official website here: www.gascottishrite.org
What is the revenue of Scottish Rite Foundation Of Gainc?
Scottish Rite Foundation Of Gainc's revenue in 2024 was $447,190.
Official website here: www.gascottishrite.org
Who are the executives of Scottish Rite Foundation Of Gainc and what are their salaries?
The average compensation at Scottish Rite Foundation Of Gainc during 2024 was $12,000. There is 1 employee and 40 volunteers at Scottish Rite Foundation Of Gainc.
Here are 35 key members and their salaries:
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Official website here: www.gascottishrite.org
Where can I find the form 990 for Scottish Rite Foundation Of Gainc?
Scottish Rite Foundation Of Gainc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.gascottishrite.org
Learn more at the official website: www.gascottishrite.org
Mission Statement of Scottish Rite Foundation Of Gainc
The Scottish Rite Foundation of Georgia is committed to providing higher education scholarships and financial aid to deserving residents of the state who are pursuing their studies in Georgia-based schools. Additionally, the foundation extends financial aid to Rite Care clinics, which are dedicated to addressing children's language disorders. By offering this support, the Scottish Rite Foundation of Georgia aims to make a significant impact on the educational and linguistic development of its local community. To date, the foundation has awarded scholarships and financial aid to 89 students.
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Impact
July, 2024
The impact of Scottish Rite Foundation Of Gainc is evident in the support it provides to residents of Georgia in pursuing higher education. By offering scholarships and financial aid to deserving students, the foundation is empowering individuals to access educational opportunities that can transform their lives. Additionally, the foundation's contribution to Rite Care clinics for children's language disorders highlights its commitment to improving the well-being of the community, especially among young individuals. Through its philanthropic endeavors, Scottish Rite Foundation Of Gainc is making a tangible difference in the lives of individuals and families in Georgia.
This information is meant to be a general summary of Scottish Rite Foundation Of Gainc. 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 2024.
- Investment Income: $304,316
- Program Service Revenue: $17,966
- Gross Receipts: $449,445
Assets and Liabilities:
- Total Assets: $2,025,725
- Total Liabilities: $0
- Net Assets: $2,025,725
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FUNDRAISER - RAFFLE
Revenue
$17,966
Organization Details
Founding Year
1980
Principal Officer
R Eugene Jernigan
Website
www.gascottishrite.orgNTEE Category
Code: T70Z - Philanthropy
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