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    Children's Scholarship Fund

    Children's Scholarship Fund

     

    Is this your nonprofit?

    501(c)(3) organization

    Donations are tax-deductible

    http://www.scholarshipfund.org

    Eight West 38th Street
    Suite 804
    New York NY 10018

    212-515-7100


    New York NY | IRS ruling year: 1998 | EIN: 13-4002189  

     

    Organization Mission

    At the Children's Scholarship Fund (CSF), we believe a quality elementary school education puts children on the path to success in life. We expand educational opportunity by providing scholarships to families in need so children can attend the K-8 schools that best meet their needs and help them reach their full potential, regardless of their ability to pay or where they live.

    With our partner programs nationwide, CSF currently funds and manages scholarships for more than 28,000 children. These CSF Scholars live close to/below the federal poverty line yet their families are all paying at least 25 percent of their tuition each year. We believe this financial contribution is key to our program's success, encouraging strong family involvement and ensuring that CSF families are fully invested and empowered in their children's education. Our research finds CSF Scholars graduate high school on time and enroll in college at significantly higher rates than their public school peers.

     


    Rating Information

    star rating graphic

    Great


    This charity's score is 100%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.


    This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

    Beacon Weights  
    Historical Ratings  

    Rating Report

    • Impact & Results
    • Accountability & Finance
    • Culture & Community
    • Leadership & Adaptability
    Accountability & Finance
    Impact & ResultsAccountability & FinanceCulture & CommunityLeadership & Adaptability

     

    Accountability & Finance

     

    Score

    100

    Most Recent Fiscal Year:
    FY 2022

    This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

    Learn more

     

    Key Accountability Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Majority Independent Board Members - 92% independent members10 out of 10 points  
    Independent Board Size - 13 independent members10 out of 10 points  
    Financial Statements - Audit and Oversight Committee20 out of 20 points  
    Material Diversion of Assets - None20 out of 20 points  

    Tax Form Disclosures and Policies

    Full Credit
      
    Partial Credit
      
    No Credit
    Website Listed on Tax Form - Listed5 out of 5 points  
    Conflict of Interest Policy - Listed5 out of 5 points  
    Whistleblower Policy - Listed5 out of 5 points  
    Document Retention and Destruction - Listed5 out of 5 points  
    Documents Board Meeting Minutes - Yes5 out of 5 points  
    Tax Form Distributed to Board Before Filing - Listed5 out of 5 points  
    Loans to/from Officers - Missing5 out of 5 points  

    Website Disclosures

    Full Credit
      
    Partial Credit
      
    No Credit
    Tax Form Posted on Nonprofit's Website - Listed5 out of 5 points  

    Financial Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Liabilities to Assets: Ratio - 9.84%25 out of 25 points  
    Program Expense: Ratio - 93.46%25 out of 25 points  
    Fundraising Efficiency: Ratio - $0.0425 out of 25 points  
    Working Capital: Ratio - 1.37 years25 out of 25 points  

    Additional Information

    Total Revenue and Expenses - Data Available  
    Salary of Key Persons - Data Available  
    IRS Published Data (Business Master File) - Data Available  
    Data Sources (IRS Forms 990) - Data Available  

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