Overview
What is International Door Association Scholarship Foundation?
The International Door Association Scholarship Foundation is a charitable organization, situated in Washington D.C., specifically at 529 14th Street NW Suite 1280. Its primary mission is to grant scholarships to the employees and families of members within the International Door Association. These scholarships are awarded based on academic achievements, character, and community service. The total amount given out annually is approximately $46,000, distributed amongst the selected students in semester installments. The foundation's aim is to support the educational pursuits of its eligible recipients.
Official website here: www.idascholarship.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star Rating
The International Door Association Scholarship Foundation has achieved a 76% score, which results in a Three-Star rating, indicating a fair level of accountability and finance management. The overall score is derived solely from the Accountability & Finance category, reflecting the organization’s commitment to maintaining a majority independent board and demonstrating sound financial health through a very low liabilities to assets ratio.
Strengths of the organization include a fully independent board and high program expense ratio, which suggests that a significant portion of its resources is directed towards its mission-related activities. Additionally, there are no reported material diversions of assets, which enhances the credibility of the foundation's financial practices.
However, the foundation has notable limitations, including the absence of several important policies such as a conflict of interest policy, whistleblower policy, and a document retention policy. Furthermore, the tax form is not posted on the nonprofit's website, which could hinder transparency efforts. Addressing these gaps could strengthen the organization's standing and trust among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is International Door Association Scholarship Foundation legitimate?
International Door Association Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. International Door Association Scholarship Foundation 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:
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For more financial information, click here
Official website here: www.idascholarship.org
What is the mission statement of International Door Association Scholarship Foundation?
The International Door Association Scholarship Foundation was established with the goal of providing scholarships to the employees and family members of its association members. The foundation's mission is to recognize and reward individuals based on their personality, character, community service, and academic performance. After a thorough evaluation process, selected students are awarded semester scholarships, totaling an annual amount of $46,000. The scholarship foundation aims to support the education and future of those associated with the International Door Association.
Official website here: www.idascholarship.org
Who is the CEO of International Door Association Scholarship Foundation?
Wesley Perry is the Director of International Door Association Scholarship Foundation.
Official website here: www.idascholarship.org
What is the revenue of International Door Association Scholarship Foundation?
International Door Association Scholarship Foundation's revenue in 2023 was $44,693.
Official website here: www.idascholarship.org
Who are the executives of International Door Association Scholarship Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.idascholarship.org
Where can I find the form 990 for International Door Association Scholarship Foundation?
International Door Association Scholarship Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.idascholarship.org
Learn more at the official website: www.idascholarship.org
Mission Statement of International Door Association Scholarship Foundation
The International Door Association Scholarship Foundation, established with the primary objective, awards scholarships to the employees and the families of the employees of its member companies. This nonprofit organization's mission is to recognize and financially support the educational pursuits of its members' workforce, thereby investing in their future and nurturing talent within the industry. Scholarship payouts are determined based on factors such as personality, character, community service, and academic performance. After a thorough evaluation process, selected students are awarded with semester scholarships, amounting to a total of 46,000 dollars annually. This foundation plays a significant role in recognizing and incentivizing the academic achievements of its members' employees, thus fostering a culture of learning and growth within the industry.
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Impact
August, 2024
The International Door Association Scholarship Foundation's impact is significant as it directly benefits the employees and their families who are associated with the members of the International Door Association. The foundation awards scholarships based on criteria such as personality, character, community service, and grade point average. These scholarships contribute towards furthering the education of deserving individuals, providing them with financial support to pursue their academic goals. With a total dollar amount awarded of $46,000, the foundation plays a crucial role in supporting education within the community and helping individuals achieve their educational aspirations.
This information is meant to be a general summary of International Door Association Scholarship Foundation. 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: $27,692
- Gross Receipts: $44,693
Assets and Liabilities:
- Total Assets: $1,000,323
- Total Liabilities: $132
- Net Assets: $1,000,191
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Organization Details
Founding Year
2002
Phone
(202) 591-2438Principal Officer
Wesley Perry
Main Address
529 14TH STREET NW SUITE 1280, WASHINGTON, DC, 20045
Website
www.idascholarship.orgNTEE Category
Code: B82 - Education
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