Overview
What is Army Scholarship Foundation Inc?
The Army Scholarship Foundation Inc, situated in Dallas, Texas, is a charitable organization committed to awarding educational scholarships to the offspring of soldiers and the spouses of actively enlisted American military personnel. Funded by public contributions, foundations, and corporations, these scholarships offer eligible recipients the chance to further their education, potentially beyond their means otherwise. In 2022, 289 scholarships worth a collective $284,828 were granted, following an influx of 479 scholarship application submissions. The foundation's primary mission is to empower the next generation of military families by supporting their academic pursuits.
Official website here: www.armyscholarshipfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star rating. The Army Scholarship Foundation Inc has achieved a remarkable score of 95%, highlighting its strong performance in accountability and finance, with a score of 96. Additionally, the organization excels in culture and community, and has received perfect scores for constituent feedback, feedback collection, and feedback usage, indicating a high level of engagement and satisfaction among its supporters.
User feedback reinforces the charity's positive reputation, with volunteers and members of the public praising the organization for its dedication and effectiveness in awarding scholarships to children of Army personnel. Reviews emphasize the foundation's ability to provide significant financial assistance to deserving students, ensuring that many can pursue their educational goals which they might not have been able to afford otherwise.
While the organization displays excellent operational metrics, scoring 87 out of 100 for equity strategies suggests there may be room for improvement in this area. Nonetheless, with a low liabilities to assets ratio and a high program expense ratio of 95.44%, the Army Scholarship Foundation demonstrates a solid financial footing and a commitment to maximizing its resources for scholarship distribution.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Army Scholarship Foundation Inc?
100% of reviewers on Facebook recommend Army Scholarship Foundation Inc, highlighting the organization's significant impact on military families. Here is a summary of their reviews:
The nonprofit is praised for its efficient operations and dedication to supporting educational pursuits among military family members. Reviewers express appreciation for the resources and opportunities provided, making it evident that the organization effectively fulfills its mission.
Overall, the sentiment is overwhelmingly positive, reflecting a strong consensus among reviewers that Army Scholarship Foundation Inc delivers valuable support to those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Army Scholarship Foundation Inc legitimate?
Army Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Army Scholarship Foundation 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: $0
For more financial information, click here
Official website here: www.armyscholarshipfoundation.org
What is the mission statement of Army Scholarship Foundation Inc?
The Army Scholarship Foundation Inc's mission is to offer college-level academic scholarships to the children and spouses of active duty U.S. Military personnel. This non-profit organization provides financial assistance to help these individuals pursue their education, potentially overcoming financial constraints. In 2022, 289 scholarships worth a total of $284,828 were awarded, demonstrating the foundation's commitment to supporting the education of military families. The foundation raises funds from various sources, including the general public, foundations, and corporations, to fund these scholarships.
Official website here: www.armyscholarshipfoundation.org
Who is the CEO of Army Scholarship Foundation Inc?
Jeff Gault is the Chairman Ceo of Army Scholarship Foundation Inc. The CEO's salary of Army Scholarship Foundation Inc is $0 and their total compensation is $0.
Official website here: www.armyscholarshipfoundation.org
What is the revenue of Army Scholarship Foundation Inc?
Army Scholarship Foundation Inc's revenue in 2022 was $484,248.
Official website here: www.armyscholarshipfoundation.org
Who are the executives of Army Scholarship Foundation Inc and what are their salaries?
Here are 8 key members and their salaries (Army Scholarship Foundation Inc's CEO's salary is $0 and their total compensation is $0):
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Official website here: www.armyscholarshipfoundation.org
Where can I find the form 990 for Army Scholarship Foundation Inc?
Army Scholarship Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.armyscholarshipfoundation.org
Learn more at the official website: www.armyscholarshipfoundation.org
Mission Statement of Army Scholarship Foundation Inc
The Army Scholarship Foundation Inc, in its mission, aims to provide college-level academic scholarships to the children and spouses of active-duty U.S. Military personnel. By granting these scholarships, the organization enables eligible recipients to pursue their education, potentially overcoming financial constraints that might otherwise hinder their educational journey. The foundation actively seeks contributions from various sources, including the general public, foundations, and corporations, to fund its activities. In 2022, the Army Scholarship Foundation awarded 289 scholarships worth a total of $284,828. A significant number of applications were received, with 479 applications submitted for these scholarships. This nonprofit organization plays a vital role in supporting the education of military families, thereby contributing to their overall well-being and future prospects.
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Impact
July, 2024
The Army Scholarship Foundation Inc's impact is significant as it provides college-level academic scholarships to the children and spouses of active duty US Military personnel. Through their efforts, the organization grants scholarships that offer recipients the opportunity to pursue higher education, where they might otherwise be unable to do so. In 2022, the foundation awarded 289 scholarships valued at $284,828, demonstrating a tangible commitment to supporting military families in accessing educational opportunities. By fulfilling their mission to provide academic scholarships, the Army Scholarship Foundation contributes to the empowerment and advancement of military families through education.
This information is meant to be a general summary of Army Scholarship Foundation 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: -$57,507
- Gross Receipts: $484,248
Assets and Liabilities:
- Total Assets: $1,337,001
- Total Liabilities: $1,924
- Net Assets: $1,335,077
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Organization Details
Founding Year
2001
Phone
(703) 587-5181Principal Officer
Jeff Gault
Main Address
11700 Preston Road Ste 660-301, Dallas, TX, 752306112
NTEE Category
Code: B82 - Education
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