Overview
What is Shawnigan Lake School Foundation?
The Shawnigan Lake School Foundation is a Canadian nonprofit organization located at 1975 Renfrew Road, Shawnigan Lake, British Columbia, with the postal code V0R 2W1. Their primary mission revolves around advancing education by granting funds to recognized educational institutions under Sec. 501(c)(3). The foundation's purpose is to foster learning opportunities and contribute to the educational growth of various organizations.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Shawnigan Lake School Foundation has received a two-star rating from Charity Navigator, indicating that the organization requires improvements in certain areas of accountability and finance. While the organization scored well in aspects like financial statements and program expense ratio, it lacks independent board members and has several missing policies, which raises concerns about governance and transparency.
Despite the positive aspects of its financial health, the absence of crucial documents such as a conflict of interest policy and a whistleblower policy highlights significant gaps in its operational protocols. Additionally, the failure to provide the website on its tax form and publish its tax form on its site suggests a lack of transparency that could hinder donor trust.
Overall, while the Shawnigan Lake School Foundation demonstrates a commitment to its programs, the noted deficiencies in governance and transparency could impact its reputation and effectiveness. Addressing these areas would be essential for enhancing confidence among supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Shawnigan Lake School Foundation legitimate?
Shawnigan Lake School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shawnigan Lake School 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.
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What is the mission statement of Shawnigan Lake School Foundation?
The Shawnigan Lake School Foundation supports the advancement of education by granting funds to organizations recognized under Section 501(c)(3). This mission is aimed at fostering learning opportunities and improving educational resources for various communities. The foundation's efforts focus on providing financial assistance to qualifying educational establishments, thereby enhancing their capacity to provide quality education. Its grants enable these organizations to pursue new initiatives, expand existing programs, and offer better learning experiences for students. Through these actions, the Shawnigan Lake School Foundation contributes significantly to the educational landscape, fostering growth and development within the educational sector.
Who is the CEO of Shawnigan Lake School Foundation?
Mike Waites is the Director of Shawnigan Lake School Foundation.
What is the revenue of Shawnigan Lake School Foundation?
Shawnigan Lake School Foundation's revenue in 2023 was $14,682,164.
Who are the executives of Shawnigan Lake School Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Shawnigan Lake School Foundation?
Shawnigan Lake School Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Shawnigan Lake School Foundation
The Shawnigan Lake School Foundation is a philanthropic organization dedicated to advancing education through financial grants. Specifically, it supports institutions that hold tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. The foundation's primary objective is to foster learning and academic growth by providing essential resources to these recognized educational entities. By doing so, it contributes significantly to the broader educational landscape and the development of future generations. The Shawnigan Lake School Foundation's commitment to education is reflected in its mission to promote knowledge and skills acquisition through strategic grant-making initiatives. The foundation's grants enable educational organizations to implement innovative programs, purchase essential materials, and enhance their overall capabilities. In turn, these institutions are better positioned to nurture and inspire students, ultimately leading to a more informed and capable society.
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Impact
October, 2024
Shawnigan Lake School Foundation significantly impacts the educational landscape by providing grants to recognized educational organizations. Through its mission to promote education, the foundation supports various initiatives that enhance learning opportunities and resources for students. By directing financial assistance to organizations that meet 501(c)(3) criteria, it helps facilitate innovative programs, improve educational infrastructure, and foster environments where students can thrive academically and personally. This targeted support contributes to the growth and development of educational institutions and ultimately benefits the broader community.
This information is meant to be a general summary of Shawnigan Lake School 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 2023.
- Investment Income: $2,880,067
- Gross Receipts: $14,682,164
Assets and Liabilities:
- Total Assets: $94,407,650
- Total Liabilities: $39,231,339
- Net Assets: $55,176,311
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Organization Details
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