Overview
What is Hankinson Education Foundation?
The Hankinson Education Foundation is a nonprofit organization established to support students and graduates of the Hankinson Public School District. Based in Hankinson, North Dakota, the foundation's primary mission is to encourage academic excellence, self-confidence, integrity, and a good value system among its recipients. It provides college scholarships annually to district graduates with a minimum GPA of 3.0, who choose to attend a North Dakota institution, with a focus on students pursuing careers in math and science. The foundation awards four scholarships of $2,000 per academic year, with the possibility of renewal for an additional three years, provided the students maintain their grades and continue their education full-time in North Dakota. The foundation's aim is to develop well-rounded, responsible adults, fostering qualities such as teamwork, school enthusiasm, and unity.
Official website here: www.hankinsoneducationfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star rating.
The Hankinson Education Foundation has received a Three-Star rating from Charity Navigator, reflecting a solid overall score of 83%. This rating highlights the organization's commitment to accountability and finance, with a significant emphasis on transparency and governance practices. The charity demonstrates a strong performance in several key areas, such as having a fully independent board and no material diversion of assets.
The foundation excels in financial efficiency, with an impressive program expense ratio of 96.32%, indicating that the majority of its budget is allocated directly to its educational programs. Moreover, it has robust governance practices, including a conflict of interest policy and proper documentation of board meeting minutes. However, the absence of a whistleblower policy and document retention protocols may indicate areas for improvement in its governance framework.
Overall, while the Hankinson Education Foundation shows strong financial health and accountability, enhancing its governance policies could further bolster its standing in the nonprofit community. The organization is well-placed to continue positively impacting education, given its efficient use of resources and commitment to transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Hankinson Education Foundation legitimate?
Hankinson Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hankinson Education 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.hankinsoneducationfoundation.com
What is the mission statement of Hankinson Education Foundation?
The Hankinson Education Foundation was established with the objective of fostering academic excellence, self-confidence, integrity, a good value system, passion for learning, personality development, teamwork, school enthusiasm, unity, and the transformation of Hankinson Public School students and graduates into well-rounded, responsible adults. The foundation provides college scholarships to eligible students with a minimum GPA of 3.0, who plan to attend a North Dakota college or university. Four scholarships worth $2,000 per academic year are awarded annually, with the possibility of renewal for an additional three years, given the student maintains a minimum GPA of 3.0 and remains enrolled full-time in a North Dakota college or university. Scholarships are awarded based on academic performance, extracurricular and community involvement, and the intended course of study, with a particular emphasis on mathematics and science. The foundation plans to award four new scholarships annually to high school seniors for their first year of college.
Official website here: www.hankinsoneducationfoundation.com
Who is the CEO of Hankinson Education Foundation?
Darwin Kratcha is the Director of Hankinson Education Foundation.
Official website here: www.hankinsoneducationfoundation.com
What is the revenue of Hankinson Education Foundation?
Hankinson Education Foundation's revenue in 2022 was $39,279.
Official website here: www.hankinsoneducationfoundation.com
Who are the executives of Hankinson Education Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.hankinsoneducationfoundation.com
Where can I find the form 990 for Hankinson Education Foundation?
Hankinson Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hankinsoneducationfoundation.com
Learn more at the official website: www.hankinsoneducationfoundation.com
Mission Statement of Hankinson Education Foundation
The Hankinson Education Foundation, established by an alumnus of the Hankinson Public School District, is committed to fostering academic excellence, self-confidence, integrity, a good value system, passion for learning, personality development, teamwork, school enthusiasm, and unity among students and graduates of the district. The organization's mission is to help shape these individuals into well-rounded, responsible adults.
To achieve this goal, the foundation provides college scholarships to graduates of the Hankinson Public School District who maintain a minimum GPA of 3.0 on a 4.0 scale. Each year, four scholarships worth $2,000 per academic year are awarded to students from Hankinson High School. Recipients can renew their scholarships annually for an additional three years, provided they remain enrolled full-time in a North Dakota college or university and maintain a minimum GPA of 3.0.
The awards are based on high school academic performance, extracurricular activities, and community involvement. The foundation places an emphasis on mathematics and science in the intended course of study for the recipients. The Hankinson Education Foundation plans to award four new scholarships annually to high school seniors and for their first year of college. After four years, the foundation aims to have 16 scholarships in place.
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Impact
August, 2024
Hankinson Education Foundation's impact is significant in fostering academic excellence, self-confidence, integrity, and a passion for learning among students and graduates of Hankinson Public School. Through the provision of college scholarships, the foundation supports students with a GPA of at least 3.0, encouraging them to attend college or university in North Dakota. By awarding four scholarships annually, each worth $2,000 per academic year, the foundation not only recognizes academic achievement but also promotes personal development, teamwork, and community involvement.
The foundation's focus on math and science, along with high school performance criteria, provides a pathway for students to pursue further education and contribute positively to their community. With the intention to award a total of 16 scholarships after four years, Hankinson Education Foundation is instrumental in shaping well-rounded and responsible adults who are equipped with the skills and values necessary for success in higher education and beyond.
This information is meant to be a general summary of Hankinson Education 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: $39,245
- Gross Receipts: $39,279
Assets and Liabilities:
- Total Assets: $770,284
- Total Liabilities: $0
- Net Assets: $770,284
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Organization Details
Founding Year
2016
Principal Officer
Darwin Kratcha
Main Address
PO BOX 305, HANKINSON, ND, 58041
NTEE Category
Code: B82 - Education
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