Overview
What is George Snow Scholarship Fund Inc?
George Snow Scholarship Fund Inc, based in Boca Raton, Florida, is a dedicated nonprofit organization with a mission to assist financially struggling students in South Florida by offering scholarship programs and wraparound support services. Their work involves supporting over 1,200 scholarship applicants annually, awarding over $2.2 million in scholarships and additional services to 281 scholars in 2022. The Fund provides guidance and resources throughout the scholars' college journey, with 644 current scholars benefiting from their continued support. With a small team of eight employees, George Snow Scholarship Fund Inc is committed to ensuring that no deserving student misses out on an education due to financial constraints or a lack of support.
Official website here: www.scholarship.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Stars)
The George Snow Scholarship Fund Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance, Impact & Measurement, Leadership & Adaptability, and Culture & Community. The organization boasts a high program expense ratio of 92% and an efficient fundraising model, indicating that the majority of funds raised are directed towards scholarship programs. Its ability to increase scholarship recipients' income demonstrates its effective financial support, while its independent board composition and robust governance policies further underscore its commitment to accountability.
User feedback highlights the transformative impact of the George Snow Scholarship Fund on students' lives. Many scholars express deep gratitude for the financial assistance that has allowed them to pursue higher education without the burden of debt. Beyond financial aid, clients frequently mention the comprehensive support services provided, including mentorship, career development opportunities, and mental health resources, which foster a sense of community and belonging among the scholarship recipients.
Despite the overwhelmingly positive reviews, some feedback suggests that while the organization excels in financial support and community building, the demand for scholarships may outpace available resources, highlighting the ongoing need for funding. Overall, the George Snow Scholarship Fund is recognized not only for its financial assistance but also for its genuine care and commitment to the success of its scholars, creating a supportive environment that extends beyond monetary help.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is George Snow Scholarship Fund Inc legitimate?
George Snow Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. George Snow Scholarship 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: $441,925
For more financial information, click here
Official website here: www.scholarship.org
What is the mission statement of George Snow Scholarship Fund Inc?
The George Snow Scholarship Fund Inc's mission is to aid hardworking students in financial need, enabling them to complete their college education. This is achieved by providing financial aid and wraparound support services. Their goal is to prevent any student from being educationally deprived due to a lack of funds or support. In addition to scholarship awards, the fund offers its scholars guidance, resources, and support throughout their college journey. In 2022, they received over 1,280 scholarship applications and granted over $2.2 million in scholarships and support services to 281 students. Besides supporting new awardees, they also continue to provide guidance and resources to their 644 current scholars pursuing their degrees.
Official website here: www.scholarship.org
Who is the CEO of George Snow Scholarship Fund Inc?
Timothy G Snow is the Chairman Of The Board of George Snow Scholarship Fund Inc.
Official website here: www.scholarship.org
What is the revenue of George Snow Scholarship Fund Inc?
George Snow Scholarship Fund Inc's revenue in 2022 was $3,613,699.
Official website here: www.scholarship.org
Who are the executives of George Snow Scholarship Fund Inc and what are their salaries?
The average compensation at George Snow Scholarship Fund Inc during 2022 was $55,241. There are 8 employees and 302 volunteers at George Snow Scholarship Fund Inc.
Here are 23 key members and their salaries:
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Official website here: www.scholarship.org
Where can I find the form 990 for George Snow Scholarship Fund Inc?
George Snow Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.scholarship.org
Learn more at the official website: www.scholarship.org
Mission Statement of George Snow Scholarship Fund Inc
The George Snow Scholarship Fund Inc is committed to aiding individuals in financial need who are pursuing their education. Their mission is to help hardworking students in South Florida graduate from college by providing them with financial aid and wraparound support services. The organization's goal is to ensure no student is deprived of an education due to a lack of funds or support.
In addition to offering scholarships, the fund provides its scholars with ongoing support, guidance, and resources throughout their college experience. This comprehensive approach aims to ease the financial burden and provide essential aid, enabling students to focus on their studies. In 2022, the fund received over 1,280 scholarship applications and awarded more than $2.2 million in scholarships and support services to 281 scholars. This commitment to continued support extends to their existing scholars, with 644 Snow Scholars currently working on their degrees receiving continued guidance.
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Impact
July, 2024
The George Snow Scholarship Fund Inc helps individuals in financial need continue their education through scholarship programs. In 2022, they received over 1,280 applications and awarded more than $2.2 million in scholarships and scholar support services to 281 scholars. They also provide ongoing support and guidance to their 644 current scholars working towards their degrees. Their impact is ensuring that hard-working students in South Florida can graduate from college by providing financial aid and wrap-around support services, with the goal of ensuring no student is deprived of an education due to a shortage of funds or lack of support.
This information is meant to be a general summary of George Snow Scholarship 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.
- Investment Income: -$205,078
- Program Service Revenue: $121,451
- Gross Receipts: $9,564,326
Assets and Liabilities:
- Total Assets: $8,968,886
- Total Liabilities: $3,726,979
- Net Assets: $5,241,907
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEE REVENUE
Revenue
$121,451
Organization Details
Founding Year
1981
Phone
(561) 347-6799Principal Officer
Timothy G Snow
Main Address
201 PLAZA REAL 260, BOCA RATON, FL, 33432
Website
www.scholarship.orgNTEE Category
Code: B82 - Education
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