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Sidney B Meadows Scholarship Endowment Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581935980 ✦ Acworth, GA ✦ Designated as a 501(c)(3)

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Overview

What is Sidney B Meadows Scholarship Endowment Fund?

The Sidney B Meadows Scholarship Endowment Fund is a nonprofit organization based in Acworth, Georgia. Their primary mission is to award educational scholarships to students in sixteen southeastern states, with a focus on furthering their careers in horticulture-related fields. By providing these scholarships, the fund aims to enhance the education and prospects of aspiring horticulturists. The organization's activities revolve around supporting students in their pursuit of a career in horticulture.


Official website here: www.sbmsef.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76%, Three-Star out of Four Stars

The Sidney B Meadows Scholarship Endowment Fund has received a Three-Star rating from Charity Navigator, indicating a solid performance in their Accountability & Finance metrics. The organization has excelled in having a fully independent board and demonstrated no material diversion of assets, which are positive indicators of governance and financial health.

However, there are notable areas for improvement. The charity is lacking in key governance policies, specifically a conflict of interest policy and a whistleblower policy, both of which are critical for transparency and ethical operation. The absence of these documents has affected their overall score in the governance category, which could raise concerns among potential donors about the organization's commitment to best practices.

Despite these limitations, the fund maintains a strong program expense ratio, indicating that a significant portion of its funds is directed towards its charitable mission. This, along with a favorable liabilities to assets ratio, suggests that the Sidney B Meadows Scholarship Endowment Fund is financially stable and effectively utilizing its resources for its intended purpose.


This AI summary has been generated from information found on Charity Navigator.

Is Sidney B Meadows Scholarship Endowment Fund legitimate?

Sidney B Meadows Scholarship Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sidney B Meadows Scholarship Endowment 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


Official website here: www.sbmsef.org

What is the mission statement of Sidney B Meadows Scholarship Endowment Fund?

The Sidney B Meadows Scholarship Endowment Fund's primary mission is to provide educational scholarships to students in sixteen southeastern states. Pursuing a career in horticulture, these students benefit from these scholarships, enabling them to further their education in horticultural-related fields. The fund's goal is to support these aspiring horticulturists in their academic journey and contribute to the growth of this field. The scholarship program aims to foster knowledge and skills in horticulture, potentially leading to significant contributions within the industry.


Official website here: www.sbmsef.org

What is the revenue of Sidney B Meadows Scholarship Endowment Fund?

Sidney B Meadows Scholarship Endowment Fund's revenue in 2024 was $47,948.


Official website here: www.sbmsef.org

Who are the executives of Sidney B Meadows Scholarship Endowment Fund and what are their salaries?

There 6 volunteers at Sidney B Meadows Scholarship Endowment Fund.

Here are 7 key members and their salaries:


Marc Teffeau (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Summers (Exec Vice Pr)
  • Compensation: $0
  • Related: $0
  • Other: $0
William J Boyd (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Hillenmeyer Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Gawel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eelco Tinga Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Napoli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sbmsef.org

Where can I find the form 990 for Sidney B Meadows Scholarship Endowment Fund?

Sidney B Meadows Scholarship Endowment Fund's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.sbmsef.org

Learn more at the official website: www.sbmsef.org

Mission Statement of Sidney B Meadows Scholarship Endowment Fund

The Sidney B Meadows Scholarship Endowment Fund is committed to providing educational scholarships to students in sixteen southeastern states. The primary mission of this organization is to support individuals pursuing a career in horticulture. By awarding scholarships, the fund aims to empower students to enhance their education in horticultural-related fields. This nonprofit organization plays a significant role in fostering the growth of future horticulturists, contributing to the advancement of this field.

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Impact




August, 2024

The Sidney B Meadows Scholarship Endowment Fund positively impacts students across sixteen southeastern states by providing educational scholarships for those pursuing a career in horticulture. Through this support, students are able to enhance their education in horticultural-related fields, paving the way for a brighter future in the industry. This scholarship fund plays a crucial role in nurturing the next generation of horticulture professionals and contributing to the growth and development of the field.




This information is meant to be a general summary of Sidney B Meadows Scholarship Endowment 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.

Revenue
$47,948 (2024)
Expenses
$35,412 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $42,448
  • Gross Receipts: $47,948

Assets and Liabilities:

  • Total Assets: $923,140
  • Total Liabilities: $0
  • Net Assets: $923,140

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Organization Details

Founding Year

1990

Principal Officer

Danny Summers

NTEE Category

Code: B99 - Education

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