Overview
What is Hawaiian Civic Club Of Honolulu Scholarship Fund?
The Hawaiian Civic Club of Honolulu Scholarship Fund is a nonprofit organization situated in Honolulu, Hawaii. Their primary mission is to invest funds raised by the parent organization and manage the distribution of net proceeds as scholarships for qualified individuals pursuing post-high school education or higher learning, including university and college education. The Fund serves as a significant source of financial aid, contributing to the educational aspirations of recipients within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 73%)
The Hawaiian Civic Club Of Honolulu Scholarship Fund has received a Two-Star rating from Charity Navigator, indicating that it requires improvements in certain areas. The overall score of 73% reflects a solid program expense ratio of 87.64%, which is a strength as it shows a significant portion of funds are directed toward its scholarship programs. The organization maintains a fully independent board, which enhances its governance quality.
However, the fund faces several limitations in its accountability and transparency practices. Notably, it lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policies, all of which are critical for maintaining trust and transparency with stakeholders. Additionally, the absence of a website listed on its tax form and missing financial documents on its website further detracts from its accountability score.
Overall, while the club demonstrates a strong commitment to its core mission through high program expenses, it needs to address its governance practices and transparency to improve its standing and foster greater trust among its supporters and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Hawaiian Civic Club Of Honolulu Scholarship Fund legitimate?
Hawaiian Civic Club Of Honolulu Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hawaiian Civic Club Of Honolulu Scholarship 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Hawaiian Civic Club Of Honolulu Scholarship Fund?
The Hawaiian Civic Club Of Honolulu Scholarship Fund's primary mission is to utilize funds raised by the parent organization for this purpose. They manage the distribution of the net proceeds, awarding scholarships to qualified individuals pursuing post-high school education, whether it be at universities, colleges, or other institutions of higher learning. This fund aims to contribute to the education of deserving students, thereby empowering them to further their academic careers and enhance their prospects for the future.
Who is the CEO of Hawaiian Civic Club Of Honolulu Scholarship Fund?
Benton Pang is the Trustee of Hawaiian Civic Club Of Honolulu Scholarship Fund.
What is the revenue of Hawaiian Civic Club Of Honolulu Scholarship Fund?
Hawaiian Civic Club Of Honolulu Scholarship Fund's revenue in 2022 was $29,025.
Who are the executives of Hawaiian Civic Club Of Honolulu Scholarship Fund and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hawaiian Civic Club Of Honolulu Scholarship Fund?
Hawaiian Civic Club Of Honolulu Scholarship Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hawaiian Civic Club Of Honolulu Scholarship Fund
The Hawaiian Civic Club of Honolulu Scholarship Fund is an organization that aims to invest funds raised by its parent organization and manage the distribution of net proceeds to qualified post-high school education recipients. This nonprofit's mission is to provide scholarships for university, college education, or other forms of higher learning. By managing these scholarships, the Hawaiian Civic Club of Honolulu Scholarship Fund plays a crucial role in supporting individuals seeking to further their education and advance their career prospects. The organization's activities are focused on distributing the funds raised by the parent organization in a responsible and equitable manner, ensuring that deserving candidates have the opportunity to pursue their educational goals. By providing scholarships to these individuals, the Hawaiian Civic Club of Honolulu Scholarship Fund is making a significant contribution to the community, helping to foster a more educated and skilled workforce.
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Impact
August, 2024
The Hawaiian Civic Club Of Honolulu Scholarship Fund has a significant impact on the community by providing financial support to qualified individuals pursuing higher education. By granting scholarships for university and college education, as well as other forms of higher learning, the fund helps students achieve their academic goals and aspirations. This support not only benefits the recipients directly but also contributes to the overall educational advancement and success of the community. Through its mission to invest in the future of post-high school education recipients, the fund plays a crucial role in promoting access to education and empowering individuals to fulfill their potential.
This information is meant to be a general summary of Hawaiian Civic Club Of Honolulu Scholarship 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: $28,000
- Gross Receipts: $29,025
Assets and Liabilities:
- Total Assets: $791,411
- Total Liabilities: $0
- Net Assets: $791,411
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Organization Details
Founding Year
1955
Phone
(808) 732-2468Principal Officer
Benton Pang
Main Address
2700 S KING ST 11483, HONOLULU, HI, 96828
NTEE Category
Code: B82Z - Education
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