Overview
What is Natl Santa Gertrudis Youth Foundation?
The Natl Santa Gertrudis Youth Foundation is a nonprofit organization based in Kingsville, Texas. Its primary focus is on providing educational opportunities and scholarships for youth involved in the breeding of Santa Gertrudis cattle. The foundation, a division of Santa Gertrudis Breeders International, aims to encourage learning among National Junior Santa Gertrudis Association members, who can be breeders, exhibitors, or enthusiasts of this breed. Currently, the foundation supports 21 students with scholarships, with plans to expand this number as funds become available. The organization manages its scholarship program through a dedicated committee. The majority of its activities revolve around the National Jr. Heifer Show and related events.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33%
The Natl Santa Gertrudis Youth Foundation currently holds a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score is derived solely from the Accountability & Finance category, where the organization received a score of 33%. Although the foundation boasts a fully independent board and demonstrates no material diversion of assets, it has several critical shortcomings that contributed to its low rating.
Major areas of concern include the absence of essential policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which all received scores of zero. Additionally, the foundation's website is not listed on its tax form, and important documents like tax forms and board meeting minutes are not made publicly available on its website. These deficiencies raise questions about transparency and governance.
Financially, the organization shows a low program expense ratio of 47.29%, suggesting that less than half of its expenses are directed towards its programs. The high liabilities to assets ratio of 2.38% further complicates its financial standing. These factors combined indicate that while the foundation has a strong board structure, it needs to improve its adherence to basic accountability standards and transparency to enhance its credibility and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Natl Santa Gertrudis Youth Foundation legitimate?
Natl Santa Gertrudis Youth Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Natl Santa Gertrudis Youth 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.
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What is the mission statement of Natl Santa Gertrudis Youth Foundation?
The National Santa Gertrudis Youth Foundation's mission is centered around administering scholarships and educational programs for young individuals involved in the breeding of Santa Gertrudis cattle. The primary objective is to encourage educational opportunities for members of the National Junior Santa Gertrudis Association, a division of Santa Gertrudis Breeders International. The Foundation awards scholarships to eligible youth under the age of twenty-one, who are breeders or exhibitors of Santa Gertrudis cattle or show interest in the breed. Currently, twenty-one students are receiving scholarship aid, with the Foundation aiming to increase this number as funds are raised. A scholarship committee has been established to manage the application and award process.
Who is the CEO of Natl Santa Gertrudis Youth Foundation?
Webb Fields is the Executive Director of Natl Santa Gertrudis Youth Foundation.
What is the revenue of Natl Santa Gertrudis Youth Foundation?
Natl Santa Gertrudis Youth Foundation's revenue in 2022 was $136,330.
Who are the executives of Natl Santa Gertrudis Youth Foundation and what are their salaries?
Here are 20 key members and their salaries:
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Where can I find the form 990 for Natl Santa Gertrudis Youth Foundation?
Natl Santa Gertrudis Youth Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Natl Santa Gertrudis Youth Foundation
The National Santa Gertrudis Youth Foundation, abbreviated as NSGYF, is committed to its mission of administering scholarships and educational programs for youth engaged in the breeding of Santa Gertrudis cattle. The organization aims to inspire and facilitate educational opportunities for members of the National Junior Santa Gertrudis Association, a division of Santa Gertrudis Breeders International. This division comprises individuals under the age of twenty-one who are either breeders, exhibitors, or enthusiasts of the Santa Gertrudis breed.
The NSGYF's primary objective is to award scholarships to encourage further education among its members. Currently, SGBI, the umbrella organization, is providing scholarship aid to twenty-one students. The Foundation anticipates expanding this number as funds continue to accumulate. To manage the application and award process effectively, the NSGYF has established a dedicated scholarship committee. The committee's role is to oversee the application process, ensuring a fair and transparent distribution of scholarships to eligible candidates.
In summary, the National Santa Gertrudis Youth Foundation is a nonprofit organization that focuses on supporting the educational pursuits of youth involved in Santa Gertrudis cattle breeding. Through scholarships and educational programs, it aims to empower these young individuals, fostering their growth and development within the sector.
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Impact
October, 2024
The Natl Santa Gertrudis Youth Foundation significantly impacts the lives of young individuals involved in the breeding of Santa Gertrudis cattle by administering scholarships and educational programs tailored to their interests and career aspirations. By supporting members of the National Junior Santa Gertrudis Association, the Foundation fosters a supportive environment that encourages youth engagement in agriculture and livestock management.
Currently, the Foundation provides scholarship assistance to 21 students, and there is an ongoing commitment to raise more funds to expand this support to additional deserving youth. Through initiatives like the National Junior Heifer Show, the Foundation not only enhances educational opportunities but also promotes community and networking among young breeders and exhibitors.
By focusing on the agricultural education of its members, the Foundation plays a vital role in developing the next generation of leaders in the Santa Gertrudis cattle industry, ensuring a sustainable future for the breed and the agricultural community as a whole.
This information is meant to be a general summary of Natl Santa Gertrudis Youth 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 2022.
- Investment Income: $36,387
- Gross Receipts: $245,731
Assets and Liabilities:
- Total Assets: $1,313,048
- Total Liabilities: $2,868
- Net Assets: $1,310,180
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Organization Details
Founding Year
1993
Phone
(361) 592-9357Principal Officer
Webb Fields
Main Address
2205 W Hwy 141 P O Box 1257, Kingsville, TX, 78364
NTEE Category
Code: B99Z - Education
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