Overview
What is Ua-Pb Alumni Scholarship Endowment Fund University Of Arkansas?
The Ua-Pb Alumni Scholarship Endowment Fund at the University of Arkansas, based in Pine Bluff, Arkansas, is a nonprofit organization primarily focused on providing financial aid to qualified students. Established with a mission to support the university, the fund has distributed 216 scholarships to date. The endowment is an initiative by the alumni of the University of Arkansas at Pine Bluff, demonstrating their commitment to the institution and its students. While details about additional programs or initiatives are not provided, the primary function of the fund is evident in its mission to provide scholarships.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Ua-Pb Alumni Scholarship Endowment Fund at the University of Arkansas has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The overall score reflects a strong performance in the Accountability & Finance category, where the organization achieved a score of 73%. Significant strengths include having a fully independent board, with 90% of its members independent, and a solid liabilities to assets ratio of 0.00%, demonstrating good financial stability.
Despite these strengths, the charity has notable shortcomings in transparency and governance policies. It lacks several key policies, including a conflict of interest policy, a whistleblower policy, and documentation for retention and destruction, which resulted in zero points in those areas. Additionally, the charity’s website was not listed on its tax form, further impacting its accountability score.
The organization allocates a significant portion of its expenses to its programs, with a program expense ratio of 74.14%, indicating that a majority of its spending is directed towards its mission. However, the absence of crucial policies and disclosures may raise concerns for potential donors regarding the organization's commitment to transparency and good governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Ua-Pb Alumni Scholarship Endowment Fund University Of Arkansas legitimate?
Ua-Pb Alumni Scholarship Endowment Fund University Of Arkansas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ua-Pb Alumni Scholarship Endowment Fund University Of Arkansas 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
What is the mission statement of Ua-Pb Alumni Scholarship Endowment Fund University Of Arkansas?
The Ua-Pb Alumni Scholarship Endowment Fund at the University of Arkansas was established with a mission to provide financial aid in the form of scholarships to deserving students. This endowment fund serves to support the academic pursuits of qualified students, as indicated by the distribution of 216 scholarships. The fund's purpose is to contribute to the educational growth and success of these students, thereby fostering their future careers and personal development. The specific details of when and how these scholarships are distributed, as mentioned in "See Schedule O," are not relevant to the mission statement.
Who is the CEO of Ua-Pb Alumni Scholarship Endowment Fund University Of Arkansas?
Simmons Bank is the Trustee of Ua-Pb Alumni Scholarship Endowment Fund University Of Arkansas.
What is the revenue of Ua-Pb Alumni Scholarship Endowment Fund University Of Arkansas?
Ua-Pb Alumni Scholarship Endowment Fund University Of Arkansas's revenue in 2022 was $475,553.
Who are the executives of Ua-Pb Alumni Scholarship Endowment Fund University Of Arkansas and what are their salaries?
There 10 volunteers at Ua-Pb Alumni Scholarship Endowment Fund University Of Arkansas.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Ua-Pb Alumni Scholarship Endowment Fund University Of Arkansas?
Ua-Pb Alumni Scholarship Endowment Fund University Of Arkansas's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ua-Pb Alumni Scholarship Endowment Fund University Of Arkansas
The Ua-Pb Alumni Scholarship Endowment Fund at the University of Arkansas was established with a mission to provide financial aid to worthy students attending the university. This nonprofit organization's primary objective is to offer scholarships, as outlined in its mission statement. Despite the information provided being somewhat brief, it is clear that the fund aims to support qualified students by providing them with financial assistance, thereby contributing to their educational journey. By offering scholarships, the Ua-Pb Alumni Scholarship Endowment Fund at the University of Arkansas plays a significant role in enabling deserving students to pursue their academic goals. The fund has awarded 216 scholarships to date, demonstrating its commitment to this mission.
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Impact
July, 2024
The Ua-Pb Alumni Scholarship Endowment Fund at the University of Arkansas at Pine Bluff has had a significant impact by providing 216 scholarships to qualified students. This support plays a crucial role in helping students pursue their education and achieve their academic goals. Through these scholarships, the endowment fund is creating opportunities for deserving individuals to access higher education and contribute positively to their communities and society as a whole.
This information is meant to be a general summary of Ua-Pb Alumni Scholarship Endowment Fund University Of Arkansas. 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: $187,228
- Gross Receipts: $1,229,151
Assets and Liabilities:
- Total Assets: $5,841,486
- Total Liabilities: $0
- Net Assets: $5,841,486
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Organization Details
Founding Year
1975
Phone
(870) 541-1104Principal Officer
Simmons Bank
Main Address
SIMMONS BANK, PINE BLUFF, AR, 71611
NTEE Category
Code: B82 - Education
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