Overview
What is Tolland High School Scholarship Fund Inc?
Tolland High School Scholarship Fund Inc is a nonprofit organization situated in Tolland, Connecticut. Their primary mission is to offer scholarships to deserving students from the graduating senior class of Tolland High School. This financial aid is intended to help these individuals cover the expenses associated with attending a school, college, or other accredited learning institution upon graduation from Tolland High. By providing these scholarships, the fund aims to support the students' personal growth, enable them to achieve their aspirations, boost their earning potential, and enhance their independence, self-esteem, and dignity. The fund's activities are geared towards empowering these young individuals, allowing them to make a positive impact in their future lives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Tolland High School Scholarship Fund Inc has received an 80% rating from Charity Navigator, reflecting a solid level of accountability and financial health. The rating is derived from a single beacon score, specifically focusing on accountability and finance, which includes metrics such as board independence and financial ratios.
The organization demonstrates strong governance, with a fully independent board consisting of 10 members. Additionally, it has no material diversion of assets and maintains a conflict of interest policy, which underscores its commitment to transparency and ethical management. The program expense ratio is also commendable at 84.07%, indicating that a significant portion of its expenditures directly supports its mission.
While the organization performs well in various financial aspects, it is essential for potential donors to keep in mind that the overall rating relies solely on financial metrics. Therefore, prospective supporters may want to assess other qualitative factors such as community impact and program effectiveness beyond what is captured in the rating.
This AI summary has been generated from information found on Charity Navigator.
Is Tolland High School Scholarship Fund Inc legitimate?
Tolland High School Scholarship Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tolland High School Scholarship Fund Inc 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 Tolland High School Scholarship Fund Inc?
Tolland High School Scholarship Fund Inc's mission is centered around providing financial aid to deserving students from its senior class. This assistance is intended for further education at a school, college, or accredited learning institution upon graduation from Tolland High. The primary objective is to help these individuals expand their potential, achieve their goals, enhance their earning power, and boost their dignity and self-esteem. By offering scholarships, the fund aims to contribute to the students' overall development and personal growth.
Who is the CEO of Tolland High School Scholarship Fund Inc?
Karen Caron is the President, Treasurer of Tolland High School Scholarship Fund Inc.
What is the revenue of Tolland High School Scholarship Fund Inc?
Tolland High School Scholarship Fund Inc's revenue in 2022 was $53,674.
Who are the executives of Tolland High School Scholarship Fund Inc and what are their salaries?
There 10 volunteers at Tolland High School Scholarship Fund Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Tolland High School Scholarship Fund Inc?
Tolland High School Scholarship Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tolland High School Scholarship Fund Inc
Tolland High School Scholarship Fund Inc, as its name suggests, is an organization dedicated to providing financial aid to deserving students from Tolland High School in Connecticut. Its mission is to offer scholarships to graduating seniors from Tolland High, enabling them to pursue higher education at a school, college, or other accredited learning institution. By doing so, the fund aims to help these individuals realize their potential, achieve their goals, increase their earning power, and enhance their independence, dignity, and self-esteem. This support not only benefits the students but also contributes to the broader community by fostering educated and independent individuals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Tolland High School Scholarship Fund Inc's impact lies in providing deserving Tolland High School senior class members with scholarships to assist them in paying for the cost of attending a school, college, or other accredited learning institution upon graduation. This support enables these individuals to further develop their potential, reach their goals, increase their earning power, and enhance their independence, dignity, and self-esteem. Through these scholarships, Tolland High School Scholarship Fund Inc contributes to the academic and personal growth of students in the Tolland community, investing in their future success and well-being.
This information is meant to be a general summary of Tolland High School Scholarship Fund Inc. 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: $17,670
- Gross Receipts: $53,674
Assets and Liabilities:
- Total Assets: $1,251,927
- Total Liabilities: $0
- Net Assets: $1,251,927
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2020
Phone
(860) 402-4387Principal Officer
Karen Caron
Main Address
PO BOX 914, TOLLAND, CT, 06084
NTEE Category
Code: B82 - Education
If you are a representative of Tolland High School Scholarship Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.