Overview
What is Ruth Cheatham Foundation College Fund?
The Ruth Cheatham Foundation College Fund is a nonprofit organization situated in Dallas, Texas, specifically at 8519 Lakemont Drive. Their primary mission is to provide financial aid in the form of college scholarships to young adults who have been significantly impacted by the physical and financial challenges associated with cancer. In 2022, they awarded 87 scholarships to 87 deserving students. The organization's mission is to help teen cancer survivors achieve their academic aspirations by alleviating the financial burden of higher education. With a small workforce of just two individuals, the Ruth Cheatham Foundation continues to make a significant impact in the lives of cancer survivors, enabling them to pursue their dreams.
Official website here: www.ruthcheathamfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Ruth Cheatham Foundation College Fund has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, with a score of 96. The organization demonstrates an effective program expense ratio of 76.95%, indicating that a significant portion of its funds directly supports its mission. The foundation's commitment to transparency is evident, as it has a fully independent board, with 100% of its members independent, and it maintains robust policies for conflict of interest and whistleblowing.
Strengths of the organization include its exceptional impact measurement score of 100 and leadership adaptability score of 100, illustrating a clear focus on results and a capacity for responding to changes in its environment. The foundation also excels in gathering and utilizing feedback, scoring 100 in both feedback collection and usage. This suggests a strong commitment to community engagement and continuous improvement based on stakeholder input.
Despite these strengths, the organization has a culture and community score of 87, which, while still positive, indicates there may be areas for further enhancement in building its cultural outreach and community ties. Overall, the Ruth Cheatham Foundation College Fund stands out as a well-managed nonprofit with a strong dedication to its mission and a proven track record of financial responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Ruth Cheatham Foundation College Fund legitimate?
Ruth Cheatham Foundation College Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ruth Cheatham Foundation College Fund 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: $83,482
For more financial information, click here
Official website here: www.ruthcheathamfoundation.org
What is the mission statement of Ruth Cheatham Foundation College Fund?
The Ruth Cheatham Foundation's mission is centered around assisting teenage cancer survivors in achieving their educational aspirations. It accomplishes this by providing financial aid in the form of scholarships. In 2022, the organization awarded 87 scholarships to 87 deserving students, alleviating the financial burdens often associated with cancer treatment. The mission aims to help these young adults restore their lives and pursue their dreams through higher education, offering them a chance at a prosperous future.
Official website here: www.ruthcheathamfoundation.org
Who is the CEO of Ruth Cheatham Foundation College Fund?
Lindsay Whittemore is the Board Member of Ruth Cheatham Foundation College Fund.
Official website here: www.ruthcheathamfoundation.org
What is the revenue of Ruth Cheatham Foundation College Fund?
Ruth Cheatham Foundation College Fund's revenue in 2022 was $623,836.
Official website here: www.ruthcheathamfoundation.org
Who are the executives of Ruth Cheatham Foundation College Fund and what are their salaries?
The average compensation at Ruth Cheatham Foundation College Fund during 2022 was $41,741. There are 2 employees and 30 volunteers at Ruth Cheatham Foundation College Fund.
Here are 6 key members and their salaries:
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Official website here: www.ruthcheathamfoundation.org
Where can I find the form 990 for Ruth Cheatham Foundation College Fund?
Ruth Cheatham Foundation College Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ruthcheathamfoundation.org
Learn more at the official website: www.ruthcheathamfoundation.org
Mission Statement of Ruth Cheatham Foundation College Fund
The Ruth Cheatham Foundation, dedicated to its namesake's memory, strives to assist teenage cancer survivors in achieving their educational aspirations. Recognizing the significant physical and financial challenges these individuals often face, the foundation offers financial aid in the form of college scholarships. In 2022 alone, the organization provided 87 scholarships to deserving students, demonstrating its commitment to supporting their dream of higher education.
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Impact
July, 2024
The Ruth Cheatham Foundation College Fund has a significant impact on teen cancer survivors by providing them with essential financial aid to pursue their educational dreams. Through the provision of college scholarships, the organization supports young adults who have faced the physical and financial challenges of cancer. In 2022 alone, the foundation awarded 87 individual scholarships to 87 deserving students, making a tangible difference in their lives and empowering them to continue their education despite the obstacles they have overcome. This support not only helps these students achieve their academic goals but also demonstrates the power of philanthropy in transforming lives and fostering hope for a brighter future.
This information is meant to be a general summary of Ruth Cheatham Foundation College Fund. 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: $7,037
- Gross Receipts: $623,836
Assets and Liabilities:
- Total Assets: $924,447
- Total Liabilities: $2,425
- Net Assets: $922,022
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Organization Details
Founding Year
2017
Principal Officer
Lindsay Whittemore
Main Address
8519 LAKEMONT DRIVE, DALLAS, TX, 75209
NTEE Category
Code: T50 - Philanthropy
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