Overview
What is Larraine Segil Scholars Foundation?
The Larraine Segil Scholars Foundation, situated in Los Angeles, California, aims to empower exceptional women by offering mentorship programs. This nonprofit organization annually selects numerous women, referred to as Larraine Segil Scholars Awardees, who challenge societal norms and showcase integrity. These women are nominated by community organizations such as Black Women Who Code and the East Los Angeles Community Foundation. Each awardee is paired with a mentor, a former Larraine Segil Scholar, for a year, providing guidance and support. The selection committee comprises these mentors. During their award year, awardees participate in educational sessions focusing on career growth, achieving potential, and supporting other women. They also engage in monthly mentoring video calls. In return for this opportunity, awardees commit to paying it forward by mentoring future program participants. This foundation's mission is to inspire women to reach their full potential, positively impact their communities, and inspire future generations.
Official website here: www.exceptionalwomenawardees.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star rating. The Larraine Segil Scholars Foundation has received a low rating, indicating significant concerns regarding its accountability and financial practices. The foundation scored poorly in accountability and finance, with a score of 53, and reports no independent board members, which can raise questions about governance and oversight.
Strengths of the organization include a strong performance in culture and community, with a score of 83, and perfect scores in feedback collection and usage, indicating a commitment to community engagement and responsiveness. The program expense ratio stands at 64.15%, suggesting that a considerable portion of funds is allocated towards program services, which is a positive aspect.
However, several limitations are notable. The foundation lacks financial statements, which complicates transparency regarding its financial health. Additionally, there are serious governance issues, including the absence of a conflict of interest policy and no independent board members, which may hinder effective oversight. Furthermore, critical documentation such as tax forms are missing from the nonprofit's website, limiting access to essential information for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Larraine Segil Scholars Foundation legitimate?
Larraine Segil Scholars Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Larraine Segil Scholars 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,500
For more financial information, click here
Official website here: www.exceptionalwomenawardees.com
What is the mission statement of Larraine Segil Scholars Foundation?
The Larraine Segil Scholars Foundation was established with the mission to provide mentoring to exceptional women, encouraging their education and growth. This is done to help them reach their full potential and positively impact their communities. By doing so, the foundation aims to inspire future generations of women and girls to follow a similar path. Each year, the foundation aims to select 20 or more women as recipients of the Larraine Segil Scholar Awards. These women are typically those who defy societal expectations, walk unconventional paths, and live with integrity. They are nominated by community organizations such as Black Women Who Code and the East Los Angeles Community Foundation. Each selected woman is paired with a mentor, a former Larraine Segil Scholar, for a one-year period. During this time, the awardee participates in educational sessions focusing on career opportunities, goal setting, and supporting other women. The foundation also encourages its awardees to "pay it forward" by mentoring future recipients as alumni of the program.
Official website here: www.exceptionalwomenawardees.com
Who is the CEO of Larraine Segil Scholars Foundation?
Larraine Diane Segil is the Chairman of Larraine Segil Scholars Foundation.
Official website here: www.exceptionalwomenawardees.com
What is the revenue of Larraine Segil Scholars Foundation?
Larraine Segil Scholars Foundation's revenue in 2022 was $852,430.
Official website here: www.exceptionalwomenawardees.com
Who are the executives of Larraine Segil Scholars Foundation and what are their salaries?
The average compensation at Larraine Segil Scholars Foundation during 2022 was $16,375. There are 4 employees at Larraine Segil Scholars Foundation.
Here are 6 key members and their salaries:
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Official website here: www.exceptionalwomenawardees.com
Where can I find the form 990 for Larraine Segil Scholars Foundation?
Larraine Segil Scholars Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.exceptionalwomenawardees.com
Learn more at the official website: www.exceptionalwomenawardees.com
Mission Statement of Larraine Segil Scholars Foundation
The Larraine Segil Scholars Foundation is established with a mission to offer mentoring to exceptional women, encouraging their education and personal growth. The goal is for these women to reach their full potential, positively impact their communities, and inspire future generations of women and girls to follow suit. Each year, the foundation aims to select 20 or more women as Larraine Segil Scholar Awardees. These women are nominated by community organizations and are often individuals who defy societal expectations, live unconventional lives, and demonstrate integrity.
Upon being selected, each awardee is paired with a Larraine Segil Scholar, who serves as a mentor during a one-year period. This mentorship program is run by a committee of former Larraine Segil Scholarship recipients. During their award year, awardees participate in regular video calls with their mentors and attend educational sessions focusing on topics like career opportunities, goal setting, personal development, and supporting other women. They also receive ongoing mentoring from Larraine Segil herself. In return for this guidance and support, awardees are expected to pay it forward by mentoring future participants in the program.
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Impact
July, 2024
The Larraine Segil Scholars Foundation has a profound impact on exceptional women by providing mentoring opportunities that encourage their education, personal growth, and the realization of their full potential. By pairing awardees with mentors, this foundation not only supports individual growth but also fosters positive impacts within their communities. Through this initiative, the foundation inspires future generations of women and girls to defy societal expectations, pursue their ambitions, and contribute positively to society. The commitment to mentorship and education ensures that the impact of the foundation continues to grow and empower women over time.
This information is meant to be a general summary of Larraine Segil Scholars 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: $32,792
- Gross Receipts: $987,490
Assets and Liabilities:
- Total Assets: $1,497,762
- Total Liabilities: $13,066
- Net Assets: $1,484,696
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Organization Details
Founding Year
2017
Phone
(310) 552-1600Principal Officer
Larraine Diane Segil
Main Address
1880 CENTURY PARK EAST 200, LOS ANGELES, CA, 90067
NTEE Category
Code: B82 - Education
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