Overview
What is The Fred L And Carolyn C Baybarz Foundation?
The Fred L and Carolyn C Baybarz Foundation is a nonprofit organization situated in Reno, Nevada. Its primary objective is to grant scholarships to students, a mission it fulfills through various programs. The foundation collaborates closely with local alumni associations to achieve its goals. By offering both funded and paid scholarships, it aims to support the educational journey of numerous students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Star rating)
The Fred L And Carolyn C Baybarz Foundation has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With an overall score of 56%, the foundation demonstrates some strengths in areas such as maintaining a low liabilities to assets ratio and a reasonable program expense ratio. However, the lack of independent board members and inadequate policies related to conflict of interest and whistleblower protections raise red flags about governance and transparency.
The foundation scored poorly in several key areas, particularly in its governance practices, as it received no points for having independent board members or a conflict of interest policy. The absence of these critical governance structures could potentially expose the organization to risks and decrease trust among donors and stakeholders. Moreover, while the foundation has documented meeting minutes available, it lacks a policy for document retention and destruction, which is crucial for organizational accountability.
Overall, while there are some positive aspects to the foundation's financial management, the significant shortcomings in governance practices and transparency warrant caution for potential donors. Stakeholders may want to consider these factors when evaluating the foundation's effectiveness and reliability in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Fred L And Carolyn C Baybarz Foundation legitimate?
The Fred L And Carolyn C Baybarz Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fred L And Carolyn C Baybarz Foundation 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
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What is the mission statement of The Fred L And Carolyn C Baybarz Foundation?
The Fred L and Carolyn C Baybarz Foundation is committed to offering scholarships to students. They accomplish this mission through various programs that have provided and funded scholarships. This organization collaborates closely with alumni associations to fulfill its scholarly objectives. The foundation's primary goal is to support the educational aspirations of students, fostering opportunities for their personal and professional growth.
What is the revenue of The Fred L And Carolyn C Baybarz Foundation?
The Fred L And Carolyn C Baybarz Foundation's revenue in 2023 was $179,714.
Who are the executives of The Fred L And Carolyn C Baybarz Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $1,200
Where can I find the form 990 for The Fred L And Carolyn C Baybarz Foundation?
The Fred L And Carolyn C Baybarz Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Fred L And Carolyn C Baybarz Foundation
The Fred L and Carolyn C Baybarz Foundation is committed to providing scholarships to students. This nonprofit organization accomplishes this mission through various programs that offer both financial aid and scholarships. The foundation works in close collaboration with alumni associations in Reno, NV, to fulfill its mission. By offering scholarships, The Fred L and Carolyn C Baybarz Foundation aims to support the educational pursuits of deserving students, thereby contributing to their overall development and future success.
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Impact
October, 2024
The Fred L and Carolyn C Baybarz Foundation significantly impacts education by providing scholarships to students in Reno, NV. Through its commitment to funding educational opportunities, the foundation supports various scholarship programs that empower students to pursue their academic goals. By collaborating closely with alumni associations in the area, the foundation enhances its reach and effectiveness, fostering a supportive community that encourages educational achievement. This financial assistance not only alleviates the burden of tuition costs for students but also contributes to a brighter future for individuals and the community at large.
This information is meant to be a general summary of The Fred L And Carolyn C Baybarz Foundation. 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 2023.
- Investment Income: $179,714
- Gross Receipts: $179,714
Assets and Liabilities:
- Total Assets: $2,797,583
- Total Liabilities: $124,192
- Net Assets: $2,673,391
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Organization Details
Founding Year
1993
Principal Officer
Larry H Anderson
NTEE Category
Code: B84 - Education
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