Overview
What is Northern California Carpentersthomas A Morton Memorial Scholarship Foundation?
The Northern California Carpentersthomas A Morton Memorial Scholarship Foundation is a nonprofit organization, specifically based at 265 Hegenerberger Road Suite 200, Oakland, CA 94621. Their primary mission is to offer scholarships to the sons and daughters of carpenter members who belong to local unions within the 46 northern California counties. The foundation's activities are centered around providing financial aid to support the higher education of these children, thereby fostering their personal growth and development.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59%, One-Star out of Four Star rating.
The Northern California Carpenters Thomas A. Morton Memorial Scholarship Foundation received a low rating of 59%, indicating significant concerns regarding its accountability and financial practices. With only 36% of its board members being independent, the organization falls short in promoting transparency and governance. Despite this, it does have a well-sized independent board of four members and a commendable liabilities to assets ratio of 0.00%, showcasing financial stability.
However, the foundation faces critical limitations, notably the absence of essential financial documents and policies. Key documents, such as financial statements and a conflict of interest policy, are missing, which raises questions about its operational transparency. Additionally, the organization's website is not listed on its tax form, and required policies like a whistleblower policy and a document retention policy are also not in place.
On a positive note, the foundation demonstrates a strong commitment to its mission, as reflected in its high program expense ratio of 95.34%. This indicates that the majority of its funding is directed towards its scholarship programs, emphasizing its focus on supporting its beneficiaries. Nonetheless, the overall lack of accountability mechanisms poses a significant concern for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Northern California Carpentersthomas A Morton Memorial Scholarship Foundation legitimate?
Northern California Carpentersthomas A Morton Memorial Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northern California Carpentersthomas A Morton Memorial 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 Northern California Carpentersthomas A Morton Memorial Scholarship Foundation?
The Northern California Carpentersthomas A Morton Memorial Scholarship Foundation's mission is centered around providing financial aid. Specifically, it aims to offer scholarships to the children of carpenter members who are part of local unions in 46 northern California counties. This foundation's primary goal is to support the educational aspirations of these individuals, thereby contributing to their future success. The foundation has a history of dispensing scholarships to eligible candidates, thereby fulfilling its mission.
Who is the CEO of Northern California Carpentersthomas A Morton Memorial Scholarship Foundation?
Tiffany Merfeld is the Director of Northern California Carpentersthomas A Morton Memorial Scholarship Foundation.
What is the revenue of Northern California Carpentersthomas A Morton Memorial Scholarship Foundation?
Northern California Carpentersthomas A Morton Memorial Scholarship Foundation's revenue in 2022 was $585,547.
Who are the executives of Northern California Carpentersthomas A Morton Memorial Scholarship Foundation and what are their salaries?
There 6 volunteers at Northern California Carpentersthomas A Morton Memorial Scholarship Foundation.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $299,800
- Other: $121,142
- Compensation: $0
- Related: $200,935
- Other: $94,040
- Compensation: $0
- Related: $199,935
- Other: $94,040
- Compensation: $0
- Related: $197,467
- Other: $93,740
- Compensation: $0
- Related: $196,364
- Other: $93,740
- Compensation: $0
- Related: $182,476
- Other: $93,740
- Compensation: $0
- Related: $52,129
- 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
Where can I find the form 990 for Northern California Carpentersthomas A Morton Memorial Scholarship Foundation?
Northern California Carpentersthomas A Morton Memorial Scholarship Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northern California Carpentersthomas A Morton Memorial Scholarship Foundation
The Northern California Carpentersthomas A Morton Memorial Scholarship Foundation is an organization dedicated to providing financial assistance in the form of scholarships. Its mission is centered around supporting the educational endeavors of the children of carpenter members who are affiliated with local unions in the 46 northern California counties. By offering these scholarships, the foundation aims to alleviate some of the financial burden that comes with higher education, thereby enabling these young individuals to pursue their academic goals. Through this initiative, the Northern California Carpentersthomas A Morton Memorial Scholarship Foundation plays a significant role in fostering the intellectual growth and future prospects of the families within their community.
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Impact
July, 2024
The Northern California Carpentersthomas A Morton Memorial Scholarship Foundation has had a significant impact on the education and future prospects of sons and daughters of Carpenter members in local unions across 46 Northern California counties. By providing scholarships to these students, the foundation is enabling them to pursue higher education and achieve their academic dreams. This support not only benefits the individual recipients but also contributes to the overall development and success of the Carpenter community in the region. The foundation's efforts are helping to create opportunities for the next generation of skilled workers and professionals in Northern California.
This information is meant to be a general summary of Northern California Carpentersthomas A Morton Memorial 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: $142,085
- Gross Receipts: $1,718,803
Assets and Liabilities:
- Total Assets: $3,636,249
- Total Liabilities: $0
- Net Assets: $3,636,249
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Organization Details
Founding Year
1992
Phone
(510) 430-9706Principal Officer
Tiffany Merfeld
Main Address
265 HEGENBERGER ROAD Suite 200, OAKLAND, CA, 946211480
NTEE Category
Code: Z99Z - Unknown
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