Overview
What is Colorado Womens Education Foundation?
The Colorado Women's Education Foundation, situated in Boulder, Colorado, is a dedicated nonprofit organization. Its primary objective is to offer scholarship funds to women in need, taking into account their academic achievements. These scholarships are intended for further education at accredited higher learning institutions or vocational training centers. The foundation's activities are focused on granting scholarships, with the amount made payable to both the recipient and the institution, or directly to the institution for the benefit of the selected students. The Colorado Women's Education Foundation operates with a small team of one dedicated individual, demonstrating its commitment to supporting the educational aspirations of women in the community.
Official website here: www.cwef.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star rating)
The Colorado Women's Education Foundation has received an 86% rating from Charity Navigator, indicating a strong performance in accountability and finance. The rating is derived entirely from its Accountability & Finance score, suggesting that the organization prioritizes transparency and responsible financial practices. The foundation boasts a high percentage of independent board members and has no detected material diversions of assets, showcasing its commitment to governance.
Strengths highlighted include a comprehensive array of policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which contribute positively to its accountability metrics. Additionally, the foundation's low liabilities to assets ratio of 0.10% reflects a stable financial position, further enhancing its credibility and reliability as a nonprofit organization.
However, the program expense ratio of 61.44% indicates that less than two-thirds of its expenses are directed toward programs, which may suggest room for improvement in allocating funds more effectively to its core mission. While the foundation demonstrates strong governance and financial health, increasing the focus on programmatic spending could strengthen its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado Womens Education Foundation legitimate?
Colorado Womens Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado Womens Education 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: $32,298
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.cwef.org
What is the mission statement of Colorado Womens Education Foundation?
The Colorado Women's Education Foundation's mission is centered around providing scholarship funds to women based on their financial needs and academic achievements. These funds are intended for use at accredited institutions of higher learning or vocational training. The organization's primary goal is to support women in furthering their education, regardless of their racial or religious backgrounds. The scholarship funds are made payable for the academic year to both the scholarship recipients and the institutions they are attending, or directly to the institutions on behalf of the selected students.
Official website here: www.cwef.org
Who is the CEO of Colorado Womens Education Foundation?
Deb Fischer is the President of Colorado Womens Education Foundation.
Official website here: www.cwef.org
What is the revenue of Colorado Womens Education Foundation?
Colorado Womens Education Foundation's revenue in 2023 was $178,638.
Official website here: www.cwef.org
Who are the executives of Colorado Womens Education Foundation and what are their salaries?
The average compensation at Colorado Womens Education Foundation during 2023 was $32,298. There is 1 employee and 20 volunteers at Colorado Womens Education Foundation.
Here are 9 key members and their salaries:
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Official website here: www.cwef.org
Where can I find the form 990 for Colorado Womens Education Foundation?
Colorado Womens Education Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cwef.org
Learn more at the official website: www.cwef.org
Mission Statement of Colorado Womens Education Foundation
The Colorado Women's Education Foundation, as its primary purpose, allocates scholarship funds to women based on their financial needs and academic achievements. These scholarships are intended for use at accredited institutions of higher learning or vocational training. The foundation's mission is to support women in their educational pursuits, disregarding factors such as race or creed. Scholarship funds are made payable to both the scholarship recipients and the institutions they are attending, benefiting selected women. The Colorado Women's Education Foundation plays a vital role in providing financial assistance to women who wish to further their education, thereby empowering them to lead fulfilling lives.
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Impact
October, 2024
The Colorado Women's Education Foundation significantly impacts the lives of women by offering scholarship funds that empower them to pursue higher education or vocational training. This initiative focuses on women who demonstrate financial need and academic achievements, ensuring that deserving candidates gain access to accredited educational institutions.
By providing financial support directly to both the scholarship recipients and their respective institutions, the foundation helps alleviate the financial burden of education, thus enabling women from various backgrounds and circumstances to further their studies. The scholarships are granted without regard to race, color, or creed, promoting inclusivity and equal opportunities for all women seeking to enhance their skills and knowledge.
The outcomes of these scholarships extend beyond individual recipients, contributing to a more educated workforce and fostering economic independence among women in the community. As these women pursue their academic and vocational goals, they not only transform their own futures but also inspire others and contribute positively to society.
This information is meant to be a general summary of Colorado Womens Education 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: $18,482
- Gross Receipts: $185,452
Assets and Liabilities:
- Total Assets: $790,545
- Total Liabilities: $867
- Net Assets: $789,678
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Organization Details
Founding Year
1976
Phone
(303) 443-2573Principal Officer
Deb Fischer
Main Address
PO BOX 1189, BOULDER, CO, 80306
Website
www.cwef.orgNTEE Category
Code: B82 - Education
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