Overview
What is Eduarte Courtot Foundation?
The Eduarte Courtot Foundation, situated in Hillsborough, California, is a nonprofit organization committed to combating the challenges faced by impoverished children who aspire for a better life through education. With a mission extended beyond its homeland, the foundation supports children in the Philippines, Lebanon, and other developing countries, enabling them to attend school. The foundation's scholarship program, specifically, targets female students from low-income families who are top performers in high school and actively involved in extracurricular activities. The foundation grants scholarships to 12 full-time students at Ateneo de Manila University, thereby contributing to their educational journey and fostering opportunities for a brighter future.
Official website here: www.eduartecourtotfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Star Rating
The Eduarte Courtot Foundation has received an overall score of 83%, reflecting strong performance primarily in the Accountability & Finance category. This score indicates that the organization exhibits a solid commitment to financial transparency and responsible governance. Notably, the foundation has a fully independent board with all members meeting the criteria for independence, enhancing its credibility and operational integrity.
The foundation excels in several key areas, including a high program expense ratio of 95.53%, suggesting that the majority of its funds are directed toward its mission-related activities rather than administrative costs. Additionally, the absence of material diversions of assets and a well-structured conflict of interest policy further reinforce its trustworthy operational framework.
However, the organization does have some areas that require attention, particularly the missing whistleblower policy and document retention policy, which could have implications for governance practices. Nevertheless, the overall assessment indicates that the Eduarte Courtot Foundation maintains a strong commitment to accountability, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Eduarte Courtot Foundation legitimate?
Eduarte Courtot Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eduarte Courtot 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: $0
For more financial information, click here
Official website here: www.eduartecourtotfoundation.org
What is the mission statement of Eduarte Courtot Foundation?
The Eduarte Courtot Foundation's mission is centered around combating the challenges faced by impoverished children aiming for a better life through education. By providing support, the foundation enables children in countries like the Philippines, Lebanon, and other developing nations to attend school. The foundation's activities are primarily focused on promoting education as a means to improve the lives of these children. The Ateneo de Manila University Scholarship Program, a part of the foundation, has also been established, benefiting 12 full-time students from low-income families who excel academically and are active in extracurricular activities.
Official website here: www.eduartecourtotfoundation.org
What is the revenue of Eduarte Courtot Foundation?
Eduarte Courtot Foundation's revenue in 2023 was $468,398.
Official website here: www.eduartecourtotfoundation.org
Who are the executives of Eduarte Courtot Foundation and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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Official website here: www.eduartecourtotfoundation.org
Where can I find the form 990 for Eduarte Courtot Foundation?
Eduarte Courtot Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.eduartecourtotfoundation.org
Learn more at the official website: www.eduartecourtotfoundation.org
Mission Statement of Eduarte Courtot Foundation
The Eduarte Courtot Foundation is dedicated to combating the challenges faced by impoverished children aspiring for a better life through education. The organization extends its aid to children in the Philippines, Lebanon, and various developing countries, enabling them to attend school. By providing educational opportunities, the foundation aims to positively impact the lives of these children and contribute to their overall development.
In particular, the Eduarte Courtot Foundation has implemented the Ateneo de Manila University Scholarship Program. This program offers scholarships to 12 full-time students at Ateneo de Manila University. The recipients of these scholarships are typically female, hailing from families with very low income, and have consistently excelled academically in high school while actively participating in extracurricular activities. By providing these scholarships, the foundation seeks to empower these students and offer them the chance to pursue higher education, potentially paving the way for a brighter future.
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Impact
October, 2024
Eduarte Courtot Foundation effectively addresses the educational challenges faced by impoverished children seeking a better life. By providing support to children in the Philippines, Lebanon, and other developing countries, the foundation enhances access to education and empowers future generations.
One significant impact of the foundation is its scholarship program at Ateneo de Manila University, which has enabled twelve full-time female students from very low-income families to pursue higher education. These recipients, all top or honor students in high school and actively engaged in extracurricular activities, benefit from financial assistance that allows them to focus on their studies and personal development without the burden of financial strain.
Through these initiatives, the foundation not only fosters academic excellence but also champions the importance of education in breaking the cycle of poverty. By investing in these young women, Eduarte Courtot Foundation contributes to a brighter future for individuals and their communities while promoting gender equality and social upliftment in regions where opportunities are limited.
This information is meant to be a general summary of Eduarte Courtot 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 2023.
- Investment Income: $1,320
- Gross Receipts: $1,930,347
Assets and Liabilities:
- Total Assets: $3,048,790
- Total Liabilities: $0
- Net Assets: $3,048,790
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Organization Details
Founding Year
2018
Principal Officer
Freya Eduarte
NTEE Category
Code: Q30 - International
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