Overview
What is Tomball Scholarship Foundation Tsf?
The Tomball Scholarship Foundation Tsf is a charitable organization based in Tomball, Texas, specifically at 310 S Cherry Street. Its primary mission is to provide financial assistance in the form of college tuition scholarships to deserving graduates hailing from Tomball Independent School District schools. This nonprofit organization fulfills its mission by collecting donations through payroll deductions from school district employees. The ultimate goal of Tomball Scholarship Foundation Tsf is to grow and preserve its funds to continue offering scholarships for college-level studies at local community colleges to numerous students each year.
Official website here: www.tomballisd.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star Rating
The Tomball Scholarship Foundation has received a solid three-star rating, reflecting its strong performance in accountability and finance. With a score of 83%, the foundation shows a significant commitment to transparency and responsible financial practices, as evidenced by various metrics, including a 100% program expense ratio, meaning all funds are directed towards its mission.
The organization boasts an independent board with 53% of its members not affiliated with the foundation, ensuring unbiased governance. It also complies with key policies, including having a conflict of interest policy and maintaining minutes from board meetings. However, it lacks a whistleblower policy and a document retention and destruction policy, which may indicate areas for improvement in governance practices.
Overall, the Tomball Scholarship Foundation demonstrates a strong commitment to its mission through responsible fiscal management and transparency. While there are minor governance policy gaps, the majority of its financial practices are commendable, reinforcing its role in supporting educational opportunities within the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Tomball Scholarship Foundation Tsf?
90% of 16 reviewers on Facebook recommend the Tomball Scholarship Foundation. Here’s a summary of their insights:
The foundation is positively viewed for its commitment to educational programs within Tomball ISD, particularly praising the Great Expectations initiative. Reviewers express appreciation for the encouragement it provides to students, highlighting its role in enhancing the school experience by promoting both academic challenges and opportunities for personal growth.
Many families feel supported by the foundation's efforts to maintain funding for gifted education and provide excellent teaching. Overall, the sentiment reflects satisfaction with the programs offered and a strong belief in their positive impact on students’ educational journeys.
This AI summary has been generated from reviews found on Facebook.
Is Tomball Scholarship Foundation Tsf legitimate?
Tomball Scholarship Foundation Tsf is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tomball Scholarship Foundation Tsf 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.tomballisd.net
What is the mission statement of Tomball Scholarship Foundation Tsf?
The Tomball Scholarship Foundation TSF's mission is centered around maintaining and growing its funds with the primary goal of providing scholarships to students who have graduated from high schools within the Tomball Independent School District. These scholarships are intended to support the students as they pursue their college education at the local community college level. The foundation achieves this mission through various means, including collecting donations, primarily through payroll deductions from school district employees. In total, the foundation has awarded scholarships to 16 individual graduates to help them further their education.
Official website here: www.tomballisd.net
Who is the CEO of Tomball Scholarship Foundation Tsf?
Zachery Boles is the President of Tomball Scholarship Foundation Tsf.
Official website here: www.tomballisd.net
What is the revenue of Tomball Scholarship Foundation Tsf?
Tomball Scholarship Foundation Tsf's revenue in 2023 was $59,259.
Official website here: www.tomballisd.net
Who are the executives of Tomball Scholarship Foundation Tsf and what are their salaries?
There 23 volunteers at Tomball Scholarship Foundation Tsf.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tomballisd.net
Where can I find the form 990 for Tomball Scholarship Foundation Tsf?
Tomball Scholarship Foundation Tsf's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tomballisd.net
Learn more at the official website: www.tomballisd.net
Mission Statement of Tomball Scholarship Foundation Tsf
The Tomball Scholarship Foundation TSF is a nonprofit organization with a mission to support students graduating from Tomball Independent School District (ISD) high schools by offering scholarships for their college tuition. This mission is geared towards maintaining and growing the Foundation's funds, with the ultimate goal of providing financial assistance for college coursework at the local community college level. The Foundation has achieved this by utilizing payroll deductions donated by school district employees, and in the recent past, they have awarded 16 individual graduates with college tuition scholarships.
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Impact
August, 2024
Tomball Scholarship Foundation TSF has made a significant impact by providing college tuition scholarships for students graduating from Tomball Independent School District schools. By giving scholarships to 16 individual graduates, TSF has helped these students pursue higher education opportunities that may have otherwise been financially challenging. This support not only benefits the students directly but also contributes to the overall advancement of education in the community. Through its mission to maintain and increase funds to offer scholarships, TSF plays a key role in supporting the academic aspirations of local students, ultimately enhancing the educational landscape in Tomball, TX.
This information is meant to be a general summary of Tomball Scholarship Foundation Tsf. 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: $24,050
- Gross Receipts: $59,259
Assets and Liabilities:
- Total Assets: $607,499
- Total Liabilities: $0
- Net Assets: $607,499
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Organization Details
Founding Year
1993
Phone
(281) 357-3100Principal Officer
Zachery Boles
Main Address
310 S Cherry Street, Tomball, TX, 77375
Website
www.tomballisd.netNTEE Category
Code: B82Z - Education
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