Overview
What is Oj Anderson Scholarship Foundation Inc?
The Oj Anderson Scholarship Foundation Inc, based in Caldwell, New Jersey, is a charitable organization with a mission to support local students in their pursuit of higher education. They achieve this by providing scholarships to eligible candidates, demonstrating a commitment to educational advancement within their community. In the past year, the foundation has extended its aid to over 15 students and raised substantial funds, primarily from non-corporate donors, surpassing $10,000.
Official website here: www.ojascholarship.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The Oj Anderson Scholarship Foundation Inc has achieved a 79% rating, indicating a solid performance in accountability and financial management. One of its key strengths lies in its governance, with a fully independent board and no material diversion of assets, which reflects a strong commitment to ethical management practices. The foundation also shows a high program expense ratio of 85.55%, suggesting that a significant portion of funds is directed towards its intended charitable programs.
However, there are notable areas for improvement. The foundation is lacking essential policies, such as a conflict of interest and whistleblower policy, which could enhance its accountability and transparency. Additionally, there are no documented policies regarding document retention and destruction, which could pose risks to the organization's integrity and organizational governance.
Overall, while the Oj Anderson Scholarship Foundation Inc demonstrates effective financial management and a strong commitment to its mission, addressing these governance gaps would bolster its credibility and effectiveness in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Oj Anderson Scholarship Foundation Inc legitimate?
Oj Anderson Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oj Anderson Scholarship Foundation 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: $14,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ojascholarship.com
What is the mission statement of Oj Anderson Scholarship Foundation Inc?
The Oj Anderson Scholarship Foundation Inc's mission is centered around promoting higher education for local students. They accomplish this by providing scholarships to individuals who meet specific criteria. The foundation's activities have seen an increase in the number of students benefiting, with over 15 students receiving scholarships in a year. The foundation's efforts have also resulted in substantial financial support, surpassing $10,000 from non-corporate donors.
Official website here: www.ojascholarship.com
Who is the CEO of Oj Anderson Scholarship Foundation Inc?
Marc Goldberg is the Treasurer of Oj Anderson Scholarship Foundation Inc.
Official website here: www.ojascholarship.com
What is the revenue of Oj Anderson Scholarship Foundation Inc?
Oj Anderson Scholarship Foundation Inc's revenue in 2022 was $97,922.
Official website here: www.ojascholarship.com
Who are the executives of Oj Anderson Scholarship Foundation Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $14,400
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.ojascholarship.com
Where can I find the form 990 for Oj Anderson Scholarship Foundation Inc?
Oj Anderson Scholarship Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ojascholarship.com
Learn more at the official website: www.ojascholarship.com
Mission Statement of Oj Anderson Scholarship Foundation Inc
The Oj Anderson Scholarship Foundation Inc is committed to furthering the educational pursuits of local students. Their mission, in essence, is to foster higher learning by providing scholarships to those who meet specific criteria. This nonprofit organization has seen its scholarship program grow significantly, assisting over fifteen students in a single year. Their efforts have also resulted in raising substantial funds from non-corporate donors, exceeding $10,000. The Oj Anderson Scholarship Foundation Inc plays a vital role in promoting access to college education for deserving students, thereby contributing to their personal growth and future prospects.
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Impact
October, 2024
The Oj Anderson Scholarship Foundation Inc significantly impacts the educational landscape by providing crucial financial assistance to students in Caldwell, NJ, aiming to help them pursue college education. Each year, the foundation supports more than 15 students, enabling them to overcome financial barriers to higher education. With fundraising efforts resulting in over $10,000 from non-corporate donors, the foundation actively promotes educational opportunities for local youth. Its mission centers on empowering students who meet specific criteria, fostering a commitment to education and personal growth within the community.
This information is meant to be a general summary of Oj Anderson Scholarship Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $222,942
Assets and Liabilities:
- Total Assets: $37,134
- Total Liabilities: $0
- Net Assets: $37,134
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Organization Details
Founding Year
2016
Phone
(732) 634-5100Principal Officer
Marc Goldberg
Main Address
74 PARK TERRACE, CALDWELL, NJ, 07006
Website
www.ojascholarship.comNTEE Category
Code: B12 - Education
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