Overview
What is Clarendon College Foundation Inc?
Clarendon College Foundation Inc, based in Clarendon, Texas, is a nonprofit organization dedicated to supporting and promoting education at Clarendon College. Their primary mission involves extending financial aid to deserving students, as demonstrated by awarding scholarships to 52 students based on their academic performance and financial needs. The foundation's activities are centered around enhancing educational opportunities at the college, thereby contributing to the overall development of the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Clarendon College Foundation Inc has received a moderate rating of 73%, indicating some strengths in its operations while also reflecting areas for improvement. The organization scores particularly well in accountability and finance, showcasing a fully independent board and a strong program expense ratio of 100%. These factors suggest that the foundation effectively allocates its resources toward its mission.
However, the foundation does have some limitations, specifically regarding transparency and policy disclosures. While it adheres to several accountability measures, it lacks availability of the nonprofit's website on its tax form and has not posted certain required documents. These gaps in transparency could affect potential donors' trust in the organization and its operations. Overall, while the foundation demonstrates solid governance, enhancing its public disclosures could improve its overall rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Clarendon College Foundation Inc legitimate?
Clarendon College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clarendon College 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.
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What is the mission statement of Clarendon College Foundation Inc?
The Clarendon College Foundation Inc. is established with the primary objective of supporting and advocating for education at Clarendon College. Their mission is to extend financial aid to students attending the college, particularly those who demonstrate strong academic performance and have financial constraints. The foundation aims to promote the interests of Clarendon College by providing financial assistance, thereby contributing to the educational growth and success of its students.
Who is the CEO of Clarendon College Foundation Inc?
Darlene Spier is the College President of Clarendon College Foundation Inc.
What is the revenue of Clarendon College Foundation Inc?
Clarendon College Foundation Inc's revenue in 2023 was $28,577.
Who are the executives of Clarendon College Foundation Inc and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Clarendon College Foundation Inc?
Clarendon College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Clarendon College Foundation Inc
Clarendon College Foundation, Inc., is an organization dedicated to supporting and promoting education at Clarendon College. Their mission is threefold: firstly, they aim to extend financial assistance to the students of Clarendon College. Secondly, they are committed to advocating for the interests of the college. Lastly, the foundation plays a significant role in providing financial support to Clarendon College. This support is instrumental in enabling the college to fulfill its educational objectives and in turn, empower its students to achieve academic success. The foundation achieves this by awarding scholarships to deserving students based on their academic performance and financial need. These scholarships serve as a beacon of hope, enabling talented individuals to pursue their educational aspirations despite financial constraints.
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Impact
August, 2024
Clarendon College Foundation Inc's impact lies in providing vital support to students at Clarendon College through the awarding of scholarships. Specifically, the foundation awards scholarships to 52 students based on their academic performance and financial need. By doing so, the foundation plays a crucial role in helping students pursue their educational goals and alleviate financial burdens. This support directly contributes to the educational advancement and success of students at Clarendon College, ultimately making a significant impact on their lives and future prospects.
This information is meant to be a general summary of Clarendon College 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 2023.
- Investment Income: $5,677
- Gross Receipts: $28,577
Assets and Liabilities:
- Total Assets: $555,933
- Total Liabilities: $0
- Net Assets: $555,933
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Organization Details
Founding Year
1990
Phone
(806) 874-3571Principal Officer
Darlene Spier
Main Address
PO BOX 670, CLARENDON, TX, 79226
NTEE Category
Code: B42I - Education
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