Overview
What is The Etowah Scholarship Foundationinc?
The Etowah Scholarship Foundationinc, based in Cartersville, Georgia, is a dedicated nonprofit organization that supports post-secondary education for the Bartow County community. With a mission to expand educational opportunities, they distribute scholarships funded by the community to deserving students, amounting to $221,950 in 2022 alone. Over the past 40 years, they have inspired local youth to pursue higher education and celebrate their achievements. Each year, they recognize high-achieving students from local high schools with honor cords during their graduation ceremonies. The foundation actively engages with students and parents through information nights and visits to high schools, educating them about the scholarships available. They also sponsor events like the "Reality Store" for high school freshmen, which provides a simulated shopping experience to teach financial management skills. With a team of five dedicated individuals, their mission continues to positively impact the quality of life for citizens of their community.
Official website here: www.etowah.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 93% - Four-Star out of Four Star rating
The Etowah Scholarship Foundation has received a commendable Four-Star rating from Charity Navigator, indicating a high level of financial health and impact. The overall score reflects solid performance in various areas, with a notable Impact & Measurement score of 100, showcasing the nonprofit’s effectiveness in achieving its mission.
One of the strengths highlighted is the organization’s impressive program expense ratio of 78.56%, which signifies that a significant portion of its funding is directed towards its scholarship programs. Additionally, the foundation demonstrates a remarkable ability to leverage its resources, increasing income for scholarship recipients by more than $1.50 for every dollar spent.
However, the Accountability & Finance score of 85 suggests that while the organization performs well, there may still be areas for improvement in transparency and financial practices. Overall, the Etowah Scholarship Foundation is well-regarded for its impactful work in supporting scholarship recipients.
This AI summary has been generated from information found on Charity Navigator.
Is The Etowah Scholarship Foundationinc legitimate?
The Etowah Scholarship Foundationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Etowah Scholarship Foundationinc 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: $56,936
Professional Fundraising Fees: $0
Other Salaries and Wages: $73,135
For more financial information, click here
Official website here: www.etowah.org
What is the mission statement of The Etowah Scholarship Foundationinc?
The Etowah Scholarship Foundation's mission is centered around expanding post-secondary educational opportunities for students. Through community-funded and foundation scholarships, the organization aims to celebrate educational successes and positively impact the quality of life for community members. The foundation acts as a distribution channel for college scholarships, having distributed over $221,950 to 169 students in 2022 alone. For over four decades, the foundation has served the community by inspiring young people to pursue higher education, recognizing high achievers with honor cords at graduation, and sponsoring events like the "Reality Store" and local high school information nights.
Official website here: www.etowah.org
Who is the CEO of The Etowah Scholarship Foundationinc?
Denise Castro Cpa is the Chairman of The Etowah Scholarship Foundationinc.
Official website here: www.etowah.org
What is the revenue of The Etowah Scholarship Foundationinc?
The Etowah Scholarship Foundationinc's revenue in 2022 was $567,215.
Official website here: www.etowah.org
Who are the executives of The Etowah Scholarship Foundationinc and what are their salaries?
The average compensation at The Etowah Scholarship Foundationinc during 2022 was $26,014. There are 5 employees and 30 volunteers at The Etowah Scholarship Foundationinc.
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Official website here: www.etowah.org
Where can I find the form 990 for The Etowah Scholarship Foundationinc?
The Etowah Scholarship Foundationinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.etowah.org
Learn more at the official website: www.etowah.org
Mission Statement of The Etowah Scholarship Foundationinc
The Etowah Scholarship Foundation, in its mission, seeks to broaden the scope of post-secondary educational opportunities for students within the community. This is achieved through the distribution of scholarships, both funded by the community and the foundation itself. The ultimate goal is to celebrate educational achievements and contribute positively to the quality of life for the community's citizens. The foundation has been serving this purpose for over four decades, inspiring young people to pursue higher education.
Each year, The Etowah Scholarship Foundation recognizes high achievers from local high schools by presenting them with honor cords during their honors night, to be worn at graduation. The foundation also sponsors the "Reality Store" event in February, which is specifically designed for high school freshmen in Bartow County. They engage with students and parents at Student Parent Information Nights, informing them about the foundation's offerings. Additionally, the foundation visits each of the local high schools to assist students in applying for their scholarships.
In summary, The Etowah Scholarship Foundation's mission is centered around expanding educational opportunities for students through scholarships, celebrating academic achievements, and positively impacting the community's quality of life. The foundation achieves this through various initiatives such as honoring high achievers, sponsoring educational events, and providing support in the application process.
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Impact
July, 2024
The Etowah Scholarship Foundationinc's impact is significant in Cartersville, GA. In 2022 alone, they distributed $221,950 to 169 area students, providing crucial support for post-secondary education. For over 40 years, the foundation has been inspiring young people to pursue higher education, recognizing high achievers in local high schools and offering valuable resources like the "Reality Store" for freshmen. Their engagement through student-parent information nights and assisting with scholarship applications directly benefits the community by expanding educational opportunities and enhancing the quality of life for its citizens.
This information is meant to be a general summary of The Etowah Scholarship Foundationinc. 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: $121,034
- Gross Receipts: $3,016,522
Assets and Liabilities:
- Total Assets: $2,888,472
- Total Liabilities: $2,269
- Net Assets: $2,886,203
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Organization Details
Founding Year
1983
Phone
(770) 382-1757Principal Officer
Denise Castro Cpa
Main Address
PO Box 1239, Cartersville, GA, 301201239
Website
www.etowah.orgNTEE Category
Code: B82 - Education
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