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Harvesters 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: 954849844 ✦ Diamond bar, CA ✦ Designated as a 501(c)(3)

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Overview

What is Harvesters Scholarship Foundation?

The Harvesters Scholarship Foundation is a nonprofit organization situated in Diamond Bar, California. Its primary focus is on distributing scholarships and mission awards to individuals who align with the Evangelical Christian faith. The foundation, governed by a selection committee, awards scholarships based on a predetermined criteria and evaluates the creed of faith published by the beneficiary institutions. The organization also disseminates an annual newsletter, maintains an up-to-date website, and shares monthly prayer letters from the awarded students and missionaries with its volunteer prayer network during the academic year. The Harvesters Scholarship Foundation's mission is to inspire, facilitate, and support individuals who subscribe to the Evangelical Christian faith in pursuing professional and educational opportunities, thereby serving as witnesses for their faith and contributing to international development. It also explores opportunities for these individuals to serve their faith.


Official website here: www.harvestersscholarship.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83%, Three-Star out of Four Star rating

The Harvesters Scholarship Foundation has achieved an 83% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score reflects the organization's commitment to transparency and effective management of resources, as it is based entirely on their performance in the Accountability & Finance category. A strong emphasis on independent board governance and financial integrity contributes to its commendable rating.

The foundation boasts a perfect score in several key areas, including having a fully independent board and no material diversion of assets. This highlights their dedication to maintaining ethical standards and safeguarding donor funds. Additionally, the organization has demonstrated excellent management of financial liabilities and expenses, with a 100% program expense ratio, ensuring that all funds are directed towards their mission.

However, while the score reflects strong financial practices, the rating does not assess other dimensions such as program impact or beneficiary feedback, which are also important factors for potential donors. Overall, Harvesters Scholarship Foundation showcases responsible financial stewardship and governance, making it a reputable choice for those interested in supporting scholarship initiatives.


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

Is Harvesters Scholarship Foundation legitimate?

Harvesters Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harvesters 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


Official website here: www.harvestersscholarship.com

What is the mission statement of Harvesters Scholarship Foundation?

The Harvesters Scholarship Foundation, being a nonprofit religious organization, is committed to motivating and supporting individuals who adhere to Evangelical Christian beliefs. Its primary objective is to encourage these individuals to engage in professional and educational pursuits, serving as testimonials of their faith in action. The foundation also aims to explore opportunities for these believers to serve their faith in various capacities, contributing to international development.


Official website here: www.harvestersscholarship.com

Who is the CEO of Harvesters Scholarship Foundation?

Gilbert Chen is the President of Harvesters Scholarship Foundation.


Official website here: www.harvestersscholarship.com

What is the revenue of Harvesters Scholarship Foundation?

Harvesters Scholarship Foundation's revenue in 2023 was $20,036.


Official website here: www.harvestersscholarship.com

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

There 41 volunteers at Harvesters Scholarship Foundation.


Here are 4 key members and their salaries:


Edith Tang (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gilbert Chen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Shiau (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Yu (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.harvestersscholarship.com

Where can I find the form 990 for Harvesters Scholarship Foundation?

Harvesters Scholarship Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.harvestersscholarship.com

Learn more at the official website: www.harvestersscholarship.com

Mission Statement of Harvesters Scholarship Foundation

Harvesters Scholarship Foundation is a nonprofit religious corporation with a mission to inspire and facilitate the involvement of individuals who align with the Evangelical Christian faith in professional and educational pursuits. Its primary goal is to encourage these individuals to embody their faith in action, thereby contributing to global development. Additionally, the organization seeks to identify and explore opportunities for these believers to serve their faith more effectively. By motivating and supporting these individuals, Harvesters Scholarship Foundation aims to foster a community of individuals who are not only academically and professionally accomplished but also dedicated to making a positive impact in the world through their faith.

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Impact




August, 2024

Harvesters Scholarship Foundation has a significant impact in supporting individuals who adhere to the Evangelical Christian faith to engage in educational and professional services as representatives of their faith in action. The foundation provides scholarships and mission awards to qualified applicants, totaling to $51,500, to assist them in their academic pursuits and missionary endeavors. By supporting these individuals, the foundation helps them contribute to international development and serve their faith effectively. Additionally, through activities such as distributing newsletters, maintaining a website, and facilitating prayer networks, Harvesters Scholarship Foundation actively engages with its beneficiaries and stakeholders to further their mission and make a positive impact in the community.




This information is meant to be a general summary of Harvesters 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
$20,036 (2023)
201220132014201520162017201820192020202120222023$0$20,000$40,000$60,000$80,000
Expenses
$51,739 (2023)
201220132014201520162017201820192020202120222023$0$20,000$40,000$60,000$80,000
Efficiency
2012201320142015201620172018201920202021202220230%0.2%0.4%0.6%0.8%1%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,995
  • Gross Receipts: $20,036

Assets and Liabilities:

  • Total Assets: $1,337,307
  • Total Liabilities: $0
  • Net Assets: $1,337,307

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Organization Details

Founding Year

2002

Principal Officer

Gilbert Chen

Main Address

3642 Castle Rock Road, diamond bar, CA, 91765

NTEE Category

Code: B82 - Education

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