Overview
What is Ruth Edmundson Ramsey Scholarship Fund Inc?
The Ruth Edmundson Ramsey Scholarship Fund Inc is a nonprofit organization committed to enhancing higher education by granting scholarships. Over the year ending in March 2023, they awarded 24 scholarships, which inspired students to aim for better grades and ACT scores and prompted more applications. This fund serves as a driving force in motivating academic excellence among students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Stars)
The Ruth Edmundson Ramsey Scholarship Fund Inc has received a 73% rating from Charity Navigator, which indicates a Two-Star rating. This score is derived solely from the organization’s performance in the Accountability & Finance category, reflecting the charity's commitment to transparency and responsible financial management.
Strengths of the organization include a fully independent board, with 100% of board members meeting this criterion. The charity has a strong record of meeting financial obligations, as evidenced by a 0.00% liabilities to assets ratio, indicating no outstanding debts. Additionally, the organization demonstrates effective governance by documenting board meeting minutes and ensuring all program expenses are allocated towards its mission.
Despite these strengths, the overall rating suggests there may be areas for improvement. As the rating is based exclusively on a single beacon score, it is important for potential donors and stakeholders to consider the broader context of the charity's operations and impact. Further assessment of program effectiveness and community feedback could provide a more comprehensive understanding of the organization's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Ruth Edmundson Ramsey Scholarship Fund Inc legitimate?
Ruth Edmundson Ramsey Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ruth Edmundson Ramsey Scholarship Fund 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
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What is the mission statement of Ruth Edmundson Ramsey Scholarship Fund Inc?
The Ruth Edmundson Ramsey Scholarship Fund Inc. is committed to advancing higher education by granting scholarships. These awards inspire students to work harder, aiming for better grades and ACT scores. Furthermore, the scholarship fund encourages more students to apply, thereby promoting academic excellence and access to higher education. The organization's activities during the year ending March 31, 2023, saw the distribution of 24 scholarships, contributing positively to the educational pursuits of numerous students.
Who is the CEO of Ruth Edmundson Ramsey Scholarship Fund Inc?
Ricky D Mcgraw is the Director of Ruth Edmundson Ramsey Scholarship Fund Inc.
What is the revenue of Ruth Edmundson Ramsey Scholarship Fund Inc?
Ruth Edmundson Ramsey Scholarship Fund Inc's revenue in 2023 was $93,261.
Who are the executives of Ruth Edmundson Ramsey Scholarship Fund Inc and what are their salaries?
There 16 volunteers at Ruth Edmundson Ramsey Scholarship Fund Inc.
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Where can I find the form 990 for Ruth Edmundson Ramsey Scholarship Fund Inc?
Ruth Edmundson Ramsey Scholarship Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ruth Edmundson Ramsey Scholarship Fund Inc
The Ruth Edmundson Ramsey Scholarship Fund, in its mission, focuses on promoting higher education by granting scholarships. By doing so, this organization has a significant impact on motivating students to aim for better academic performance, as indicated by their enhanced grades and ACT scores. Furthermore, the Scholarship Fund's initiatives have also increased the number of students who apply for scholarships, demonstrating its commitment to expanding educational opportunities. The Fund's activities during the year ending March 31, 2023, resulted in the awarding of 24 scholarships, which have undoubtedly inspired numerous students to pursue their educational goals with renewed vigor.
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Impact
October, 2024
The Ruth Edmundson Ramsey Scholarship Fund Inc significantly enhances higher education opportunities for students by providing financial assistance through scholarships. In the year ending March 31, 2023, the Fund awarded 24 scholarships, which not only alleviated the financial burden on students but also served as a powerful motivator. These scholarships have inspired recipients to elevate their academic performance, resulting in higher grades and improved ACT scores. Moreover, the Fund’s efforts have encouraged a broader range of students to pursue higher education, fostering a culture of ambition and academic achievement within the community of Blooming Grove, TX.
This information is meant to be a general summary of Ruth Edmundson Ramsey Scholarship Fund 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: $29,173
- Gross Receipts: $93,261
Assets and Liabilities:
- Total Assets: $858,964
- Total Liabilities: $0
- Net Assets: $858,964
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Organization Details
Founding Year
1991
Phone
(254) 695-2305Principal Officer
Ricky D Mcgraw
Main Address
P O Box 54, Blooming Grove, TX, 76626
NTEE Category
Code: B82Z - Education
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