Overview
What is University Club Scholarship Fund Inc?
University Club Scholarship Fund Inc is a charitable organization located in Boston, Massachusetts, specifically at 426 Stuart Street, 02116. Its primary mission is to provide financial aid in the form of scholarships or grants to deserving high school seniors from Boston Charter, Pilot, or public schools. These students are pursuing an undergraduate degree at a college or university. The selection criteria include financial need, academic achievement, character, and involvement in extracurricular activities. The fund aims to help these students continue their education and achieve their academic goals.
Official website here: www.uclub.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Star Rating)
The University Club Scholarship Fund Inc has earned a Three-Star rating from Charity Navigator, reflecting a solid performance in Accountability & Finance with a score of 83%. This rating indicates that the organization demonstrates a commitment to financial oversight and transparency, which is critical for maintaining donor trust.
The fund showcases several strengths, such as having a completely independent board with no material diversion of assets. Additionally, its program expense ratio is quite high at nearly 81%, suggesting that a significant portion of its resources is allocated directly to its mission of providing scholarships. The organization also complies with important governance practices, including having a conflict of interest policy in place.
However, there are some areas for improvement, particularly in governance policies, as the organization lacks a whistleblower policy and document retention and destruction guidelines. Addressing these gaps could further enhance its accountability and overall effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is University Club Scholarship Fund Inc legitimate?
University Club Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Club 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.
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Official website here: www.uclub.org
What is the mission statement of University Club Scholarship Fund Inc?
The University Club Scholarship Fund Inc's mission is centered around providing financial aid to deserving students. Specifically, it offers scholarships or grants to high school seniors from Boston Charter, Pilot, or public schools who are pursuing an undergraduate degree. The selection criteria consider not just their financial needs but also their academic achievements, character, and involvement in extracurricular activities. This initiative aims to support these students in furthering their education at colleges or universities.
Official website here: www.uclub.org
Who is the CEO of University Club Scholarship Fund Inc?
Paul Dutton is the Chair of University Club Scholarship Fund Inc.
Official website here: www.uclub.org
What is the revenue of University Club Scholarship Fund Inc?
University Club Scholarship Fund Inc's revenue in 2022 was $196,020.
Official website here: www.uclub.org
Who are the executives of University Club Scholarship Fund Inc and what are their salaries?
There 16 volunteers at University Club Scholarship Fund Inc.
Here are 9 key members and their salaries:
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Official website here: www.uclub.org
Where can I find the form 990 for University Club Scholarship Fund Inc?
University Club Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uclub.org
Learn more at the official website: www.uclub.org
Mission Statement of University Club Scholarship Fund Inc
University Club Scholarship Fund Inc is committed to providing financial assistance to students pursuing an undergraduate degree. Specifically, this nonprofit organization focuses on awarding scholarships or grants to seniors attending Boston Charter, Pilot, or public high schools who demonstrate a strong financial need, excel academically, exhibit commendable character, and actively participate in extracurricular activities. By offering these scholarships, University Club Scholarship Fund Inc aims to help deserving students continue their education and pave the way for a brighter future. The organization's mission is to empower these young individuals, providing them with the financial support they need to overcome financial barriers and pursue their academic dreams, ultimately contributing to their personal growth and success.
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Impact
October, 2024
The University Club Scholarship Fund Inc significantly enhances educational opportunities for students in Boston. By providing scholarships and grants to seniors attending Boston charter, pilot, or public high schools, it directly addresses financial barriers that many aspiring college students face.
Focusing on those pursuing undergraduate degrees, the fund prioritizes applicants based on their financial need, academic achievements, character, and extracurricular involvement. This holistic approach ensures that deserving students not only receive financial assistance but also encouragement to excel in all areas of their lives.
The impact is profound, as it enables young individuals to pursue higher education, fostering personal growth and academic success. This support not only opens doors for students but also contributes to the development of a more educated and skilled community in Boston, ultimately enriching the broader society.
This information is meant to be a general summary of University Club 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $90,690
- Gross Receipts: $572,362
Assets and Liabilities:
- Total Assets: $931,520
- Total Liabilities: $0
- Net Assets: $931,520
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Organization Details
Founding Year
2016
Phone
(617) 266-5600Principal Officer
Paul Dutton
Main Address
426 STUART STREET, BOSTON, MA, 02116
Website
www.uclub.orgNTEE Category
Code: B82 - Education
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