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Butler National Scholarship Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 800942933 ✦ Oak brook, IL ✦ Designated as a 501(c)(3)

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Overview

What is Butler National Scholarship Fund Inc?

Butler National Scholarship Fund Inc is a nonprofit organization situated in Oak Brook, Illinois, with a specific focus on providing educational support. By operating as a scholarship fund, it aims to assist eligible employees, caddies, and their children in pursuing higher education. The organization's mission is to foster personal growth and development within its community by granting scholarships. This commitment to education is demonstrated through its granting activities, which provide financial assistance to qualified individuals, thereby empowering them to further their educational journeys.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

The Butler National Scholarship Fund Inc has received a 73% rating, indicating areas for improvement despite some notable strengths. The organization has a fully independent board with all members meeting the criteria, and it demonstrates a strong commitment to program expenses, allocating 100% of its resources to its mission. The absence of policies related to conflict of interest and whistleblower protections, however, raises concerns regarding governance and accountability.

While the organization excels in maintaining a low liabilities to assets ratio and documents its board meeting minutes effectively, the lack of critical policies and publicly accessible financial documents on their website significantly detracts from its overall score. This gap in transparency limits potential donors' ability to fully assess the charity's operations and governance practices.

In summary, while the Butler National Scholarship Fund demonstrates strong financial management and governance in certain areas, the absence of essential policies and documentation suggests a need for improvement to enhance its accountability and transparency. Potential supporters may want to consider these factors when evaluating their engagement with the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Butler National Scholarship Fund Inc legitimate?

Butler National Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Butler National 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

For more financial information, click here

What is the mission statement of Butler National Scholarship Fund Inc?

The Butler National Scholarship Fund Inc's mission is centered around providing scholarships. This mission is aimed at supporting eligible employees, their children, and caddies, in their pursuit of furthering their education. The scholarship fund serves as a means to help these individuals, contributing to their academic growth and development. The organization's primary goal is to facilitate education for these groups, thereby enhancing their opportunities and prospects. The scholarship fund operates as a means to aid these individuals in their educational journeys.

Who is the CEO of Butler National Scholarship Fund Inc?

Michael Dasbach is the Chairman of Butler National Scholarship Fund Inc.

What is the revenue of Butler National Scholarship Fund Inc?

Butler National Scholarship Fund Inc's revenue in 2022 was $49,888.

Who are the executives of Butler National Scholarship Fund Inc and what are their salaries?

There 3 volunteers at Butler National Scholarship Fund Inc.


Here are 3 key members and their salaries:


Greg Cooper (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Wray (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Dasbach (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Butler National Scholarship Fund Inc?

Butler National Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Butler National Scholarship Fund Inc

Butler National Scholarship Fund Inc is devoted to its mission of providing financial aid through scholarships to eligible employees, caddies, and their children. This nonprofit organization serves as a scholarship fund, aiming to assist its employees and caddies in furthering their education. By offering these scholarships, Butler National Scholarship Fund Inc seeks to empower its workforce and their families, enabling them to pursue higher education and personal growth.

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Impact




August, 2024

Butler National Scholarship Fund Inc's impact is significant as it provides essential financial support to employees, caddies, and their children to further their education. By granting scholarships, the organization enables individuals to pursue their academic and career goals, contributing to their personal development and long-term success. This support not only benefits the recipients directly but also has a positive ripple effect on their families, communities, and the overall workforce in OAK BROOK, IL. The organization's focus on education creates opportunities for growth and advancement, aligning with its mission to empower individuals through learning.




This information is meant to be a general summary of Butler National 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.

Revenue
$49,888 (2022)
Expenses
$160,958 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,756
  • Gross Receipts: $49,888

Assets and Liabilities:

  • Total Assets: $773,019
  • Total Liabilities: $0
  • Net Assets: $773,019

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Organization Details

Founding Year

2014

Principal Officer

Michael Dasbach

Main Address

2616 South York Road, Oak Brook, IL, 60523

NTEE Category

Code: B82 - Education

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