Overview
What is Jerri Walker Depriest Memorial Endowment Fund?
The Jerri Walker Depriest Memorial Endowment Fund is a charitable organization based in Portland, Oregon, with the address 3514 NW Gerritz Terrace. Their primary mission is to support and motivate graduating senior students from Dufur High School in their pursuit of higher education. They achieve this by granting financial aid, which can be utilized exclusively for college tuition and essential study materials. The fund's aim is to promote educational opportunities for these students, thereby contributing to their future academic success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating with an overall score of 70%. The nonprofit has shown strengths in its governance structure, particularly with a fully independent board and no material diversion of assets. This reflects a commitment to maintaining oversight and integrity within the organization.
However, there are significant shortcomings in transparency and accountability practices. The organization scored poorly in essential areas such as having a conflict of interest policy, a whistleblower policy, and proper documentation of board meeting minutes. Additionally, the lack of visibility into its financial documents, as evidenced by not posting its tax form on its website, raises concerns about its operational transparency.
Despite an impressive program expense ratio of 97.90%, indicating that a large portion of funds is directed towards programs rather than administrative costs, the overall rating suggests areas for improvement. Enhancing governance policies and increasing transparency could help the Jerri Walker Depriest Memorial Endowment Fund strengthen its reputation and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Jerri Walker Depriest Memorial Endowment Fund legitimate?
Jerri Walker Depriest Memorial Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jerri Walker Depriest Memorial Endowment 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:
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What is the mission statement of Jerri Walker Depriest Memorial Endowment Fund?
The Jerri Walker Depriest Memorial Endowment Fund's mission is to encourage and support the educational pursuits of graduating senior students from Dufur High School. They achieve this by providing grants that can be utilized exclusively for college tuition and direct study materials. The primary goal is to aid these students in continuing their education beyond high school. The fund aims to empower these students to further their knowledge and skills, thereby providing them with more opportunities in their future endeavors.
Who is the CEO of Jerri Walker Depriest Memorial Endowment Fund?
Jack Henderson is the President of Jerri Walker Depriest Memorial Endowment Fund.
What is the revenue of Jerri Walker Depriest Memorial Endowment Fund?
Jerri Walker Depriest Memorial Endowment Fund's revenue in 2022 was $74,710.
Who are the executives of Jerri Walker Depriest Memorial Endowment Fund and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Jerri Walker Depriest Memorial Endowment Fund?
Jerri Walker Depriest Memorial Endowment Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jerri Walker Depriest Memorial Endowment Fund
The Jerri Walker Depriest Memorial Endowment Fund is a dedicated organization with a mission to motivate and aid graduating senior students from Dufur High School in their pursuit of higher education. By offering grants exclusively for college tuition and essential study materials, this endowment fund aims to provide financial assistance, thereby enabling these students to continue their academic journey beyond high school. The primary objective of this fund is to encourage and support the educational aspirations of Dufur High School graduates, thereby contributing to their personal growth and future success.
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Impact
August, 2024
The Jerri Walker Depriest Memorial Endowment Fund has a significant impact on graduating senior students of Dufur High School in Portland, Oregon. The fund provides grants exclusively for college tuition and other direct study materials, allowing students to pursue higher education without financial barriers. By offering this support, the endowment fund plays a crucial role in encouraging and enabling students to further their education and achieve their academic goals. Its impact is particularly noteworthy in facilitating access to higher education for young individuals in the community.
This information is meant to be a general summary of Jerri Walker Depriest Memorial Endowment 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: $49,384
- Gross Receipts: $150,976
Assets and Liabilities:
- Total Assets: $1,724,453
- Total Liabilities: $635,891
- Net Assets: $1,088,562
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Organization Details
Principal Officer
Jack Henderson
Main Address
3514 NW GERRITZ TERRACE, PORTLAND, OR, 97229
NTEE Category
Code: B82 - Education
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