Overview
What is The Worth & Dot Howard Foundation?
The Worth & Dot Howard Foundation, located in Phoenix, Arizona, is a small nonprofit organization dedicated to providing financial assistance to students planning to attend colleges and universities. With a team of only one individual, the foundation awards 79 scholarships annually to deserving students, selecting recipients based on their financial needs. The foundation's mission is centered around granting scholarships to students, thereby contributing to their higher education ambitions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating, Overall Score: 74%
The Worth & Dot Howard Foundation has received a two-star rating from Charity Navigator, indicating that there are areas needing improvement within the organization. The overall score of 74% reflects a solid commitment to its mission, especially highlighted by a program expense ratio of 79.47%, demonstrating that a significant portion of its funds is directed towards charitable programming.
However, there are notable weaknesses in governance and transparency. The foundation has only 33% independent board members, which is below ideal standards, and lacks a website listed on its tax form, resulting in a low score in those areas. While the organization has robust policies in place for conflict of interest, whistleblowing, and document retention, the absence of an independent board majority raises concerns about oversight.
In summary, while The Worth & Dot Howard Foundation shows a strong commitment to its programmatic work, it faces challenges in governance and transparency that could impact trust and accountability among stakeholders. Addressing these issues could help enhance its overall effectiveness and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is The Worth & Dot Howard Foundation legitimate?
The Worth & Dot Howard Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Worth & Dot Howard 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Worth & Dot Howard Foundation?
The Worth & Dot Howard Foundation's primary mission is centered around providing financial aid. Specifically, it grants scholarships to students who are preparing to attend colleges and universities. The foundation's selection process is based on each student's financial need, ensuring that deserving individuals have the opportunity to pursue higher education. It's important to note that none of the scholarship recipients have any familial relation to the foundation's directors.
What is the revenue of The Worth & Dot Howard Foundation?
The Worth & Dot Howard Foundation's revenue in 2023 was $190,754.
Who are the executives of The Worth & Dot Howard Foundation and what are their salaries?
The average compensation at The Worth & Dot Howard Foundation during 2023 was $50,000. There is 1 employee and 6 volunteers at The Worth & Dot Howard Foundation.
Here are 3 key members and their salaries:
- Compensation: $50,000
- Related: $0
- Other: $5,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Worth & Dot Howard Foundation?
The Worth & Dot Howard Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Worth & Dot Howard Foundation
The Worth & Dot Howard Foundation, a nonprofit organization, is dedicated to granting financial aid to students who are preparing to attend colleges and universities. The foundation's mission is centered around providing scholarships to these students, ensuring that their educational aspirations are not hindered by financial constraints. The recipients of these scholarships are selected based on their need for financial assistance, and it is worth noting that none of the recipients have any familial ties with the foundation's directors.
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
The Worth & Dot Howard Foundation has made a significant impact by providing 79 scholarships to students bound for colleges and universities. These recipients are selected based on financial need, and none of them are related to any of the directors. This support has helped these students pursue higher education and achieve their academic goals. The foundation's focus on education is evident in its mission to provide grants to students seeking to further their studies.
This information is meant to be a general summary of The Worth & Dot Howard 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: $46,154
- Gross Receipts: $266,585
Assets and Liabilities:
- Total Assets: $1,735,021
- Total Liabilities: $97,522
- Net Assets: $1,637,499
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2000
Principal Officer
Alexandra Anderson
NTEE Category
Code: B820 - Education
If you are a representative of The Worth & Dot Howard Foundation 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.