FUNDING FOR SCHOLARS
EIN 46-5079918
What they do
FUNDING for SCHOLARS is A LOCALLY OPERATED and SUPPORTED NONPROFIT, TAX-EXEMPT, SCHOLARSHIP ORGANIZATION. OPERATED BY AN ALL-VOLUNTEER BOARD of DIRECTORS, THE PURPOSE of FUNDING for SCHOLARS is to PROVIDE ACCESS to HIGHER EDUCATION to GRADUATING HIGH SCHOOL SENIORS WHO DEMONSTRATE ACADEMIC PROMISE. IN SUPPORT of THIS PURPOSE, FUNDING for SCHOLARS STIMULATES COMMUNITY FINANCIAL SUPPORT for LOCAL STUDENTS to PURSUE HIGHER LEVELS of EDUCATIONAL ACHIEVEMENT.
Should I give to this charity?
Of every $100 spent, about $94.40 was reported for mission work. Use the spending picture below and ask what results that work produced.
Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.
Basic facts we verified
IRS warning checkNo IRS revocation warning appears in this data.
Money report from 2017The report may be old. Ask for a newer one.
They explain their jobThe charity tells us what it is trying to do.
They name their leaders17 people are listed in the latest report.
You can reach themThey list contact information, so you can ask questions.
Money made simple
Ask these three easy questions
- Who did you help? Ask for a recent story or report that shows real results.
- What will my money do? Ask exactly what your gift will pay for.
- Is this really the charity? Give only through its official website or confirmed phone number.
Worth asking: Expenses exceeded revenue by $9,563 this year. Ask whether that was planned or caused by a one-time event.
Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.
Financial picture
A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.
How each $100 of revenue was used
The large number compares each expense with revenue. The smaller number shows its share of total expenses.
Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.
Has the pattern changed?
Each bar shows the share of annual spending reported for mission work, management, and fundraising.
Money in and money out
Reported spending amounts
Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.
See all reported dollar amounts
Leadership and board
Names, titles, time, and compensation below are reported by the organization on its Form 990.
See everyone listed on the board or leadership roster (17)
JEAN S GALLMANSECRETARY
WELDON WYATTEMERITUS
VAN SMITHBOARD MEMBER
TOM WYATTBOARD MEMBER
THOMAS GOFORTHBOARD MEMBER
SCOTT HEATHPRESIDENT
SAM MCGILLBOARD MEMBER
RUSSELL KRUEGERBOARD MEMBER
LESSIE PRICEBOARD MEMBER
AL SORENSONBOARD MEMBER
GINA BASSFORDBOARD MEMBER
GERRY OWENBOARD MEMBER
DIANE WATSONTREASURER
DANNY MINOLFOBOARD MEMBER
DANIEL SEAWELLBOARD MEMBER
CECELIA HEWETTVICE PRESIDENT
BUTCH ROBERSONBOARD MEMBER
About this charity
- Location
- PO BOX 5433, AIKEN, SC 29804
- County
- Aiken
- In care of
- DIANE WATSON
- Primary officer
- DIANE WATSON, TREASURER
How to reach them
Filing and classification
- Latest tax year
- 2017
- Tax period began
- August 1, 2017
- Return type
- 990
- Tax preparer
- CHERRY BEKAERT LLP