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Lynden Scholarship Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 912166143 ✦ Lynden, WA ✦ Designated as a 501(c)(3)

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Overview

What is Lynden Scholarship Foundation?

The Lynden Scholarship Foundation is a nonprofit organization, situated in Lynden, Washington, with a specific focus on providing college scholarships to graduates of Lynden High School. Their mission is centered around supporting the educational aspirations of local students, aiming to alleviate financial barriers and empower them to pursue higher education. The foundation's activities primarily revolve around awarding scholarships, thereby contributing to the community's intellectual growth and development.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73% (Two-Star out of Four Star rating)

The Lynden Scholarship Foundation has received a 73% rating from Charity Navigator, which signifies a moderate level of accountability and finance management. The foundation scored well in areas such as having an independent board and maintaining a low liabilities to assets ratio, indicating a healthy financial position. Notably, their program expense ratio is high at 97.44%, suggesting a strong commitment to their core mission.

However, the foundation has significant shortcomings in transparency and governance practices, as reflected in the lack of key policies and missing information on their website. They received zero points for having absent conflict of interest, whistleblower, and document retention policies, which could raise concerns regarding oversight and accountability. Additionally, the absence of their tax form on their website may hinder potential donors from fully understanding their financial operations.

While the Lynden Scholarship Foundation exhibits strengths in their board independence and allocation of resources towards programs, the noted gaps in governance and transparency policies indicate areas that need improvement. Addressing these concerns could enhance their overall accountability and potentially improve their rating in the future.


This AI summary has been generated from information found on Charity Navigator.

Is Lynden Scholarship Foundation legitimate?

Lynden Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lynden 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lynden Scholarship Foundation?

The Lynden Scholarship Foundation's mission is centered around providing financial aid in the form of college scholarships. This mission is specifically extended to students who have graduated from Lynden High School. The foundation's primary activity is awarding scholarships, aiming to support the higher education of these students. This initiative aims to contribute to their future academic pursuits and personal growth.

Who is the CEO of Lynden Scholarship Foundation?

Vickie Crane is the President of Lynden Scholarship Foundation.

What is the revenue of Lynden Scholarship Foundation?

Lynden Scholarship Foundation's revenue in 2022 was $76,383.

Who are the executives of Lynden Scholarship Foundation and what are their salaries?

There 15 volunteers at Lynden Scholarship Foundation.


Here are 11 key members and their salaries:


Tammy Yoder (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Hendricks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Telgenhoff (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vickie Crane (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ian Freeman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Vanderyacht (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Dehaan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Vanderveen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Mehlhoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Weeks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Petersen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lynden Scholarship Foundation?

Lynden Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lynden Scholarship Foundation

The Lynden Scholarship Foundation, in its mission, focuses on providing college scholarships to deserving students who have completed their education at Lynden High School. This nonprofit organization is dedicated to empowering these students by alleviating some of the financial burdens associated with higher education. By awarding scholarships, the foundation aims to help these students pursue their academic goals and set themselves up for successful careers ahead.

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Impact




August, 2024

The impact of the Lynden Scholarship Foundation is seen in the opportunities it provides to students from Lynden High School. By awarding college scholarships to graduates of the school, the foundation is helping bridge the financial gap for these students and enabling them to pursue higher education. This support not only benefits the individual recipients but also has a ripple effect on their families and communities by creating pathways to success through education.




This information is meant to be a general summary of Lynden 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.

Revenue
$76,383 (2022)
Expenses
$62,605 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $22,156
  • Gross Receipts: $76,383

Assets and Liabilities:

  • Total Assets: $465,182
  • Total Liabilities: $65,850
  • Net Assets: $399,332

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Organization Details

Founding Year

2001

Principal Officer

Vickie Crane

Main Address

PO BOX 167, LYNDEN, WA, 98264

NTEE Category

Code: B82 - Education

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