Overview
What is Cheyenne Frontier Days Memorial Foundation?
The Cheyenne Frontier Days Memorial Foundation is a nonprofit organization situated in Cheyenne, Wyoming, with a postal address at PO Box 2097. Its primary mission is to recognize and financially support individuals who have dedicated time to volunteering for Cheyenne Frontier Days. These scholarships are awarded to assist individuals in pursuing higher education at institutions of their choice. The foundation evaluates candidates based on their years of service and academic performance, aiming to alleviate some of the financial burden associated with post-secondary education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
The Cheyenne Frontier Days Memorial Foundation has achieved a noteworthy 94% score from Charity Navigator, reflecting strong performance in accountability and finance. This rating indicates that the organization operates with a high level of transparency and has a well-structured governance framework, including a board consisting entirely of independent members.
Strengths highlighted include a perfect score in several key areas such as the independence of board members, absence of material asset diversion, and the presence of essential policies like conflict of interest and whistleblower protections. Additionally, the foundation demonstrates a remarkable program expense ratio of 97.12%, signifying that a substantial portion of its funds is dedicated to its charitable mission.
While the ratings are exceptionally high, it is essential for potential donors and stakeholders to continue monitoring the foundation's ongoing performance and impact to ensure that the organization maintains its standards and effectively serves its community.
This AI summary has been generated from information found on Charity Navigator.
Is Cheyenne Frontier Days Memorial Foundation legitimate?
Cheyenne Frontier Days Memorial Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cheyenne Frontier Days Memorial 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
What is the mission statement of Cheyenne Frontier Days Memorial Foundation?
The Cheyenne Frontier Days Memorial Foundation's mission is to recognize individuals who have dedicated their time as volunteers for Cheyenne Frontier Days. These recognized volunteers are then awarded with financial assistance to pursue their post-secondary education at the institutions of their choice. The foundation's mission is based on the number of years of service rendered and the academic performance of the individuals. The scholarships awarded by the foundation aim to help cover the costs associated with attending higher education institutions.
Who is the CEO of Cheyenne Frontier Days Memorial Foundation?
Bill Benskin is the President of Cheyenne Frontier Days Memorial Foundation.
What is the revenue of Cheyenne Frontier Days Memorial Foundation?
Cheyenne Frontier Days Memorial Foundation's revenue in 2022 was $104,477.
Who are the executives of Cheyenne Frontier Days Memorial Foundation and what are their salaries?
There 6 volunteers at Cheyenne Frontier Days Memorial Foundation.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Cheyenne Frontier Days Memorial Foundation?
Cheyenne Frontier Days Memorial Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cheyenne Frontier Days Memorial Foundation
The Cheyenne Frontier Days Memorial Foundation's mission is centered around recognizing and rewarding individuals who have dedicated their time and efforts to the Cheyenne Frontier Days. This nonprofit organization identifies these volunteers and their immediate family members, then grants them financial assistance to further their education at the institutions of their choice. The awards are based on the number of years served and their academic performance in post-secondary education. The purpose of these scholarships is to help alleviate the financial burden associated with higher education, enabling these volunteers to continue their academic pursuits and build upon the service they have already provided.
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Impact
October, 2024
The Cheyenne Frontier Days Memorial Foundation significantly impacts the community by providing scholarships to volunteers and their immediate families involved in Cheyenne Frontier Days. This initiative assists individuals financially in pursuing higher education at their chosen post-secondary institutions. By recognizing the commitment and service of volunteers, the foundation fosters educational opportunities, motivating recipients to further their academic journeys based on their years of service and academic performance. This support not only uplifts volunteers but also contributes to the overall growth and development of the community in Cheyenne, Wyoming.
This information is meant to be a general summary of Cheyenne Frontier Days Memorial 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: $74,760
- Gross Receipts: $389,007
Assets and Liabilities:
- Total Assets: $1,039,189
- Total Liabilities: $0
- Net Assets: $1,039,189
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Organization Details
Founding Year
1984
Phone
(307) 634-5871Principal Officer
Bill Benskin
Main Address
PO BOX 2097, CHEYENNE, WY, 82003
NTEE Category
Code: B82 - Education
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