Overview
What is Nick Begich Scholarship Intern Fund?
The Nick Begich Scholarship Intern Fund, situated in Anchorage, Alaska, is a nonprofit organization with a single employee. Their primary mission is to stimulate interest in the fields of public service and education. Through their activities, they issued 23 scholarships during the year and supplied additional funds of $2,500 to organizations for directly funding community leadership scholarships. This nonprofit organization seems to be committed to investing in the future leaders of their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star Rating
The Nick Begich Scholarship Intern Fund has received a 67% rating from Charity Navigator, reflecting a Two-Star designation. This score is based entirely on the Accountability & Finance category, highlighting the organization's financial practices and governance structure. A significant strength lies in its independent board composition, with all members being independent and actively engaged, earning full marks in both board independence and size.
The fund demonstrates strong financial management, evidenced by a low liabilities to assets ratio of 0.07% and no material diversion of assets. Additionally, the organization correctly documents board meeting minutes, contributing positively to transparency. However, its program expense ratio of 65.38% suggests that there is room for improvement in how funds are allocated towards programmatic activities versus administrative costs.
Overall, while the fund exhibits commendable accountability and governance, the overall score indicates a need for better financial performance in relation to program expenditures. This suggests that potential donors should consider both the strengths in governance and the areas needing enhancement in financial efficiency before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Nick Begich Scholarship Intern Fund legitimate?
Nick Begich Scholarship Intern Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nick Begich Scholarship Intern Fund 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: $15,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Nick Begich Scholarship Intern Fund?
The Nick Begich Scholarship Intern Fund's mission is centered around fostering interest in areas of public service and education. Through its activities, the fund aims to promote these fields by issuing scholarships and providing additional funds to organizations for direct scholarship programs related to community leadership. This initiative is designed to support individuals who demonstrate a commitment to public service and education, thereby encouraging the next generation to engage in these vital sectors.
Who is the CEO of Nick Begich Scholarship Intern Fund?
Pegge Begich is the Chair of Nick Begich Scholarship Intern Fund.
What is the revenue of Nick Begich Scholarship Intern Fund?
Nick Begich Scholarship Intern Fund's revenue in 2022 was $33,344.
Who are the executives of Nick Begich Scholarship Intern Fund and what are their salaries?
The average compensation at Nick Begich Scholarship Intern Fund during 2022 was $15,000. There is 1 employee and 9 volunteers at Nick Begich Scholarship Intern Fund.
Here are 11 key members and their salaries:
- Compensation: $15,000
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Where can I find the form 990 for Nick Begich Scholarship Intern Fund?
Nick Begich Scholarship Intern Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nick Begich Scholarship Intern Fund
The Nick Begich Scholarship Intern Fund is committed to fostering an interest in fields of public service and education. This nonprofit organization achieves its mission by issuing scholarships and providing additional funds to organizations for direct scholarships related to community leadership. During a given year, the Nick Begich Scholarship Intern Fund grants 23 scholarships, demonstrating its dedication to supporting individuals who are passionate about public service and education. Furthermore, the fund provides an additional $2,500 to organizations for scholarships, indicating its commitment to investing in the future leaders of the community. In essence, the Nick Begich Scholarship Intern Fund serves as a catalyst for nurturing aspiring public servants and educators, thereby contributing to a more engaged and knowledgeable society.
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Impact
August, 2024
The Nick Begich Scholarship Intern Fund's impact can be seen through the promotion of interest in fields of public service and education. This is achieved through the issuance of scholarships, with 23 scholarships being awarded during the year. In addition, the organization provided an additional $2,500 to organizations for funds to be used for direct scholarships related to leadership in the community. The impact of the Nick Begich Scholarship Intern Fund in Anchorage, Alaska, is helping to empower individuals to pursue education and careers in public service, ultimately contributing to the advancement of the community.
This information is meant to be a general summary of Nick Begich Scholarship Intern Fund. 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: $23,764
- Gross Receipts: $336,106
Assets and Liabilities:
- Total Assets: $505,232
- Total Liabilities: $411
- Net Assets: $504,821
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Organization Details
Founding Year
1977
Phone
(907) 350-1635Principal Officer
Pegge Begich
Main Address
PO BOX 142711, ANCHORAGE, AK, 995142711
NTEE Category
Code: B82 - Education
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