Overview
What is John Mclendon Minority Scholarship Foundation?
The John Mclendon Minority Scholarship Foundation, located at 24651 Detroit Road, Westlake, OH 44145, is a nonprofit organization with a mission to honor the contributions of minorities in college and professional athletics. Established with the purpose of fostering a pool of qualified minority candidates for administrative roles in collegiate and professional sports, the foundation awards scholarships. Specifically, it offers one scholarship of $7,000 and eight scholarships of $10,000 to minority seniors or graduates pursuing advanced degrees in sports administration. The foundation's activities and mission are aligned with recognizing and advancing the representation of minorities in the sports administration field.
Official website here: www.nacda.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning it a Two-Star out of Four Star rating. The John McLendon Minority Scholarship Foundation has a strong Impact & Measurement Score of 100, indicating effective evaluation and measurement of its programs. The foundation's majority independent board and absence of material diversion of assets reflect strong governance practices.
However, the foundation faces significant challenges in its accountability and finance practices, earning a low score of 36 in this area. Notably, the organization lacks key policies, including a conflict of interest policy, a whistleblower policy, and a document retention policy, which are essential for transparency and ethical governance. Additionally, the low program expense ratio of 33.43% suggests that a smaller portion of its expenses is directed toward its programs compared to its total expenses.
The foundation has reported that its scholarships can significantly impact recipients, with an average income increase of $14,639 per scholarship awarded. This positive outcome highlights the foundation's effectiveness in fulfilling its mission to support minority students, despite the organizational weaknesses noted in governance and finance practices.
This AI summary has been generated from information found on Charity Navigator.
Is John Mclendon Minority Scholarship Foundation legitimate?
John Mclendon Minority Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. John Mclendon Minority 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.
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Official website here: www.nacda.com
What is the mission statement of John Mclendon Minority Scholarship Foundation?
The John Mclendon Minority Scholarship Foundation was established to honor the contributions of minorities in college and professional athletics. Its primary goal is to create a pool of qualified minority candidates for administrative positions in collegiate and professional sports, accomplished through its scholarship program. The foundation awards one $7,000 scholarship and eight $10,000 scholarships annually to minority seniors or college graduates who wish to pursue graduate degrees in sports administration. This initiative aims to foster diversity and inclusion within the sports administration field.
Official website here: www.nacda.com
Who is the CEO of John Mclendon Minority Scholarship Foundation?
Patrick A Manak is the Director of John Mclendon Minority Scholarship Foundation.
Official website here: www.nacda.com
What is the revenue of John Mclendon Minority Scholarship Foundation?
John Mclendon Minority Scholarship Foundation's revenue in 2022 was $65,213.
Official website here: www.nacda.com
Who are the executives of John Mclendon Minority Scholarship Foundation and what are their salaries?
Here are 15 key members and their salaries:
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Official website here: www.nacda.com
Where can I find the form 990 for John Mclendon Minority Scholarship Foundation?
John Mclendon Minority Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nacda.com
Learn more at the official website: www.nacda.com
Mission Statement of John Mclendon Minority Scholarship Foundation
The John Mclendon Minority Scholarship Foundation was established with a mission to honor the contributions of minority individuals in the realm of college and professional athletics. Their primary objective is to create a pool of qualified minority candidates for administrative positions within collegiate and professional sports through their scholarship program. By awarding one $7,000 scholarship and eight $10,000 scholarships to minority seniors or college graduates pursuing graduate degrees in sports administration, the foundation aims to foster diversity and inclusivity in the sports administration field.
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Impact
August, 2024
The John McLendon Minority Scholarship Foundation has a significant impact on promoting diversity and inclusion in the field of sports administration. By awarding scholarships to minority seniors or college graduates pursuing graduate degrees in sports administration, the foundation is actively working to create a more diverse talent pipeline for leadership positions in collegiate and professional sports. This initiative not only recognizes the contributions of minorities in athletics but also helps to increase representation and opportunities for individuals from underrepresented backgrounds in the sports industry.
This information is meant to be a general summary of John Mclendon Minority 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 2022.
- Investment Income: $55,213
- Gross Receipts: $65,213
Assets and Liabilities:
- Total Assets: $1,999,602
- Total Liabilities: $114,114
- Net Assets: $1,885,488
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Organization Details
Founding Year
2002
Phone
(440) 892-4000Principal Officer
Patrick A Manak
Main Address
24651 DETROIT ROAD, WESTLAKE, OH, 44145
Website
www.nacda.comNTEE Category
Code: B82 - Education
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