Overview
What is Kennewick Schools Foundation?
The Kennewick Schools Foundation, situated in Kennewick, Washington, serves as a charitable organization with a primary focus on supporting students from the Kennewick School District in their pursuit of higher education. With around ten endowments, the foundation annually grants between 12 to 13 scholarships, and through fundraising events, awards an additional 10 scholarships. Furthermore, the foundation extends its support to local booster clubs. In 2022 alone, the Kennewick Schools Foundation distributed $25,467 in scholarships to 25 deserving individuals. The organization's mission is to create financial opportunities for students in the greater Kennewick area, aiming to foster educational growth and success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
The Kennewick Schools Foundation has received an 80% rating, which translates to a Three-Star designation. This score is derived solely from its strong Accountability & Finance metrics, indicating that the organization is performing well in these areas. The foundation demonstrates a commitment to transparency and sound financial management, which is crucial for maintaining donor trust and support.
The foundation excels in several key areas, including having a fully independent board comprised of 10 members, a perfect score in material diversion of assets, and a robust conflict of interest policy. Furthermore, it shows an impressive program expense ratio of 100%, suggesting that all funds are dedicated to its intended programs, maximizing the impact of donations received.
While the foundation's strengths are notable, it is important to maintain vigilance regarding any potential future challenges or changes in governance that could affect its rating. Overall, the Kennewick Schools Foundation showcases a strong commitment to accountability and effective use of resources, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Kennewick Schools Foundation legitimate?
Kennewick Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kennewick Schools 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 Kennewick Schools Foundation?
The Kennewick Schools Foundation's mission is centered around providing financial opportunities for students in the broader area. Specifically, their primary goal is to aid students from the Kennewick School District in pursuing higher education. They achieve this mission through various means, including over 10 endowments that grant 12-13 scholarships annually. Additionally, their annual fundraiser contributes to an additional 10 scholarships, and in 2022, they distributed a total of $25,467 in scholarships to 25 beneficiaries. The foundation also provides support to booster clubs within the school district.
Who is the CEO of Kennewick Schools Foundation?
Jennifer Mitchell is the President of Kennewick Schools Foundation.
What is the revenue of Kennewick Schools Foundation?
Kennewick Schools Foundation's revenue in 2022 was $63,065.
Who are the executives of Kennewick Schools Foundation and what are their salaries?
There 5 volunteers at Kennewick Schools Foundation.
Here are 5 key members and their salaries:
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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 Kennewick Schools Foundation?
Kennewick Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kennewick Schools Foundation
The Kennewick Schools Foundation, in its mission, aims to extend financial opportunities to students residing in the broader Kennewick area. The core objective of this organization is to assist students from the Kennewick School District in pursuing higher education. To achieve this, the foundation manages approximately ten endowments that grant around twelve to thirteen scholarships annually. Additionally, the foundation's annual fundraiser contributes to an additional ten scholarships, in addition to offering support to booster clubs. In the year 2022, the Kennewick Schools Foundation disbursed a total of $25,467 in scholarships to 15 beneficiaries drawn from its endowments and 10 individuals whose scholarships were funded through the organization's annual fundraising revenue.
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Impact
August, 2024
Kennewick Schools Foundation plays an essential role in providing financial opportunities for students in the greater Kennewick area. The foundation's impact is evident through its support of students from the Kennewick School District in pursuing higher education. With approximately 10 endowments that provide 12-13 scholarships each year, as well as additional scholarships generated through fundraisers and booster club support, the foundation is able to significantly contribute to the educational goals of local students. In 2022 alone, the foundation distributed $25,467 in scholarships to 15 individuals from the endowment and 10 individuals from fundraising revenue, further highlighting its impactful support for students in the community.
This information is meant to be a general summary of Kennewick Schools 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: $31,175
- Gross Receipts: $180,633
Assets and Liabilities:
- Total Assets: $801,597
- Total Liabilities: $0
- Net Assets: $801,597
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Organization Details
Founding Year
1990
Phone
(509) 591-0105Principal Officer
Jennifer Mitchell
Main Address
8131 W GRANDRIDGE BLVD 201, KENNEWICK, WA, 99336
NTEE Category
Code: B99Z - Education
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