Overview
What is Tsrhc Scholarship Fund?
Tsrhc Scholarship Fund Dba Legacy Scholarship Fund is a nonprofit organization based in Dallas, Texas, specifically at 2222 Welborn Street. Their primary mission is to offer educational scholarships to former patients of the Texas Scottish Rite Hospital for Children (TSRHC). These scholarships aid students enrolled in universities, junior colleges, or approved technical training programs. The program, detailed in Schedule I, Part IV, considers financial need, academic record, and challenges faced by the applicants. In 2022, the fund provided scholarship assistance to 101 students. The Legacy Scholarship Program, an initiative of Tsrhc Scholarship Fund, aims to further the education of former TSRHC patients beyond high school, covering tuition, fees, books, room, and board.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Tsrhc Scholarship Fund, also known as the Legacy Scholarship Fund, has achieved an impressive 97% rating from Charity Navigator, which translates into a Four-Star rating. This high score indicates a strong commitment to operational excellence and transparency. The rating is derived from various metrics, with a notable Accountability & Finance score of 94 and a perfect Impact & Measurement score of 100.
One of the charity's significant strengths is its remarkable program expense ratio of 93.00%, demonstrating that a substantial portion of its funds directly supports its scholarship initiatives. Additionally, the organization effectively increases income for its scholarship recipients, providing more than $1.50 for every dollar spent, highlighting its impactful financial management and support for education.
Despite its strengths, the Accountability & Finance score at 44% suggests there may be aspects of financial reporting or governance that could be improved. However, the overall data reflects a nonprofit that is both effective in its mission and responsible in its financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Tsrhc Scholarship Fund legitimate?
Tsrhc Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tsrhc Scholarship Fund 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 Tsrhc Scholarship Fund?
The Tsrhc Scholarship Fund Dba Legacy Scholarship Fund's mission is to provide educational scholarships to former patients of the Texas Scottish Rite Hospital for Children (TSRHC). This program aims to assist these students in furthering their education beyond high school by covering tuition, fees, books, room and board. Scholarships are primarily awarded based on financial need, academic record, and the challenges the students have overcome. The scholarship program is available to former patients of TSRHC who are enrolled in a university, junior college, or an approved technical training program. In the year ending December 31, 2022, scholarship assistance was provided to 101 students.
Who is the CEO of Tsrhc Scholarship Fund?
Ashley Givens is the Principal Officer of Tsrhc Scholarship Fund.
What is the revenue of Tsrhc Scholarship Fund?
Tsrhc Scholarship Fund's revenue in 2022 was $587,916.
Who are the executives of Tsrhc Scholarship Fund and what are their salaries?
There 90 volunteers at Tsrhc Scholarship Fund.
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Where can I find the form 990 for Tsrhc Scholarship Fund?
Tsrhc Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tsrhc Scholarship Fund
The Tsrhc Scholarship Fund Dba Legacy Scholarship Fund is an organization committed to providing educational scholarships to former patients of the Texas Scottish Rite Hospital for Children (TSRHC). Their mission lies in assisting these individuals to further their education beyond high school. The program offers financial aid in the form of tuition, fees, books, and even room and board. The scholarships are primarily awarded based on financial need, academic record, and the challenges encountered by the applicants.
The scholarship program is designed for former patients of TSRHC. Students enrolled in universities, junior colleges, or approved technical training programs can apply for these scholarships. For a detailed description of the program and its qualifications, one can refer to Schedule I, Part IV. The Tsrhc Scholarship Fund Dba Legacy Scholarship Fund awarded scholarship assistance to 101 students during the year ending December 31, 2022. This program aims to support the educational pursuits of these individuals, thereby empowering them to overcome their past challenges and build a brighter future.
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Impact
July, 2024
The impact of the Legacy Scholarship Fund is profound as it provides educational scholarships to former patients of Texas Scottish Rite Hospital for Children. These scholarships enable students to further their education beyond high school by assisting with tuition, fees, books, room, and board. In the year 2022 alone, the program provided scholarship assistance to 101 students, opening doors to academic opportunities that may have otherwise been out of reach. By focusing on financial need, academic achievement, and personal challenges overcome, the Legacy Scholarship Fund is helping to shape a brighter future for these deserving individuals.
This information is meant to be a general summary of Tsrhc Scholarship Fund. 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: $445,801
- Gross Receipts: $2,875,381
Assets and Liabilities:
- Total Assets: $14,406,852
- Total Liabilities: $157,067
- Net Assets: $14,249,785
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Organization Details
Founding Year
1985
Phone
(214) 559-7816Principal Officer
Ashley Givens
Main Address
2222 WELBORN STREET, DALLAS, TX, 75219
NTEE Category
Code: B82Z - Education
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