Overview
What is R Merle Palmer Minority Scholarship Foundation?
The R Merle Palmer Minority Scholarship Foundation, doing business as Palmer Scholars, is a nonprofit organization situated in Tacoma, Washington. With a mission to support underrepresented students of color in Pierce County, the foundation aims to help them overcome financial, cultural, and social barriers in their pursuit of higher education. Their goal is to empower these students, enabling them to graduate from college equipped with the necessary tools to become catalysts for change, leaders in their community, and personally empowered individuals. During the year ending June 30, 2022, the foundation provided scholarships and mentoring services to 189 students, demonstrating their commitment to their mission. The organization is led by a team of 13 dedicated individuals.
Official website here: www.palmerscholars.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The R Merle Palmer Minority Scholarship Foundation has received a solid 88% rating, indicating a reliable level of accountability and financial health. Their accountability and finance score is particularly impressive at 83%, with a perfect score of 100% for having an independent board and maintaining transparency in their financial practices. Key strengths include a strong program expense ratio of 80.09%, demonstrating that a significant portion of their funds is directed towards their scholarship programs.
In terms of culture and community, the foundation excels with a perfect score of 100%. They have successfully implemented feedback collection and usage practices, ensuring that they respond effectively to the needs of their constituents. The organization has established robust equity strategies and policies, indicating a commitment to inclusivity and addressing the challenges faced by minority communities.
While the overall rating is strong, there may be areas for further development, particularly in expanding outreach or enhancing program diversity. However, the foundation's current operational practices and leadership structure suggest that it is well-positioned to continue its mission of supporting minority scholarship recipients.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about R Merle Palmer Minority Scholarship Foundation?
With 4 reviews on Facebook, the R Merle Palmer Minority Scholarship Foundation has begun to make a positive impression within the community. One reviewer highlighted the organization's commitment to serving students and families in Pierce County by offering vital educational opportunities.
The board member's enthusiasm and pride in the foundation indicate a strong dedication to its mission. Although the ratings are still limited, the existing feedback reflects a strong endorsement of the organization’s impact. Overall, there is a sense of optimism about the foundation's efforts to support youth in their educational journeys.
This AI summary has been generated from reviews found on Facebook.
Is R Merle Palmer Minority Scholarship Foundation legitimate?
R Merle Palmer Minority Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. R Merle Palmer Minority Scholarship 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: $124,543
Professional Fundraising Fees: $0
Other Salaries and Wages: $521,743
For more financial information, click here
Official website here: www.palmerscholars.org
What is the mission statement of R Merle Palmer Minority Scholarship Foundation?
The R Merle Palmer Minority Scholarship Foundation's mission is centered around supporting underrepresented students of color in Pierce County who face financial, cultural, and social barriers in their pursuit of higher education. The organization aims to empower these students, helping them graduate with the necessary tools to become catalysts for change, leaders in their community, and personally empowered individuals. Their vision is for these students to succeed in their academic journeys and make significant contributions to society. The foundation provides scholarships and mentoring services to aid in this mission.
Official website here: www.palmerscholars.org
Who is the CEO of R Merle Palmer Minority Scholarship Foundation?
Jonathan Jackson is the President of R Merle Palmer Minority Scholarship Foundation.
Official website here: www.palmerscholars.org
What is the revenue of R Merle Palmer Minority Scholarship Foundation?
R Merle Palmer Minority Scholarship Foundation's revenue in 2022 was $1,443,994.
Official website here: www.palmerscholars.org
Who are the executives of R Merle Palmer Minority Scholarship Foundation and what are their salaries?
The average compensation at R Merle Palmer Minority Scholarship Foundation during 2022 was $49,714. There are 13 employees and 185 volunteers at R Merle Palmer Minority Scholarship Foundation.
Here are 10 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
- Compensation: $113,589
- Related: $0
- Other: $8,920
Official website here: www.palmerscholars.org
Where can I find the form 990 for R Merle Palmer Minority Scholarship Foundation?
R Merle Palmer Minority Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.palmerscholars.org
Learn more at the official website: www.palmerscholars.org
Mission Statement of R Merle Palmer Minority Scholarship Foundation
The R Merle Palmer Minority Scholarship Foundation is committed to supporting underrepresented students of color in Pierce County as they pursue higher education. Recognizing the financial, cultural, and social barriers these students often face, the foundation aims to equip them with the necessary tools to succeed. Its vision is for these students to graduate from college, not only with academic qualifications but also as catalysts for change, leaders in their community, and personally empowered individuals. The foundation achieves this mission by providing scholarships and mentoring services to its students, enabling them to overcome the various challenges they may encounter during their academic journey. In the year ending June 30, 2022, the organization successfully supported 189 students through these initiatives.
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
July, 2024
The R Merle Palmer Minority Scholarship Foundation has a significant impact on underrepresented Pierce County students of color by providing them with crucial support to overcome financial, cultural, and social barriers in their pursuit of higher education. Through scholarships and mentoring services, the foundation helped 189 students during the year ended June 30, 2022. The foundation's mission is to empower these students to succeed in graduating from college, equipping them with the essential tools to be catalysts for change, leaders in the community, and personally empowered individuals. This impact contributes positively to the educational journey and future success of these deserving students.
This information is meant to be a general summary of R Merle Palmer Minority Scholarship 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: $31,575
- Gross Receipts: $1,457,027
Assets and Liabilities:
- Total Assets: $1,801,300
- Total Liabilities: $24,073
- Net Assets: $1,777,227
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1996
Phone
(253) 572-9008Principal Officer
Jonathan Jackson
Main Address
PO BOX 7119, TACOMA, WA, 98406
Website
www.palmerscholars.orgNTEE Category
Code: B82 - Education
If you are a representative of R Merle Palmer Minority Scholarship 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.