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    FATE Foundation
    This organization is not rated
    See Details
    Impact & Measurement
    Accountability & Finance
    Culture & Community
    Leadership & Adaptability
    FATE Foundation
    Profile managed by nonprofit | Is this your nonprofit?
    501(c)(3) organization
    Donations are tax-deductible
    https://fate.charity
    4625 MEADOW FORK RD HOT SPRINGS NC 28743-4511

    HOT SPRINGS NC | IRS ruling year: 2017 | EIN: 82-2528013  
    An EIN is a unique nine-digit number that identifies a business for tax purposes.
    An EIN is a unique nine-digit number that identifies a business for tax purposes.
     
     

    Rating Information

    Not currently rated


    Ratings are calculated from one or more beacon scores. Currently, we require either an Accountability & Finance beacon or an Impact assessment to be eligible for a Charity Navigator rating. Note: The absence of a rating does not indicate a positive or negative assessment; it only indicates that we have not yet evaluated this organization.
    See rating report below to learn why this organization is not currently eligible.

    Historical Ratings
    Charity Navigator's ratings previously did not consider Leadership & Adaptability, Culture & Community, or Impact & Measurement. The historic rating mainly reflects a version of today’s Accountability and Finance score. More information on our previous rating methodologies can be found on our rating methodology page.
    Rating histories are available for a growing number of rated organizations. Check back later to see if this organization has a rating history!

    Rating Report

    Leadership & Adaptability
    Score

    100

    This beacon provides an assessment of the organization's leadership capacity, strategic thinking and planning, and ability to innovate or respond to changes in constituent demand/need or other relevant social and economic conditions to achieve the organization's mission.
    Learn more

    Strategy

    40 out of 40 points

    Full Credit
    Partial Credit
    No Credit
    Mission Statement
    10 out of 10 points
    The nonprofit organization presents evidence of strategic thinking through articulating the organization's mission.
    FATE Foundation, a non-profit charity, is devoted to advancing educational opportunities and enhancing the quality of life in WNC. Its programs assist those in need and expand opportunities for Madison County students' future success through the FATE (Future Achievements Through Education) Scholar Award.
    Vision Statement
    10 out of 10 points
    The nonprofit organization presents evidence of strategic thinking through articulating the organization's vision.
    At different points in our lives we set priorities. Some priorities are pretty minor, others can be life changing, forcing you to think beyond today and to invest your resources wisely while maintaining focus and balance. Our parents prioritized education. They understood that education requires sacrifice as does anything of importance. They also understood that education is an investment in our children, providing them a foundation on which to succeed in the future, to open doors to opportunities that wouldn’t be available to them without an education. Those beliefs instilled in us by our parents were the catalyst for FATE Foundation. We formed FATE Foundation to honor our parents. Their conviction that education offers a real path out of poverty . . . their sacrifices that allowed us to attend college and create a brighter future. By giving back to our community and especially our community’s children, FATE Foundation celebrates and honors our parents and their principles.
    Strategic Goals
    20 out of 20 points
    The nonprofit organization presents evidence of strategic thinking and goal setting through sharing their most important strategic goals.
    Goal One: To increase the number and value of our scholarships. We are working to raise more funds in order to offer additional recurring scholarships.
    Goal Two: We are working with our school counselors to conduct additional workshops to help the students better present themselves to other scholarship programs and college entrance applications.

    Leadership

    30 out of 30 points

    Full Credit
    Partial Credit
    No Credit
    Investment in Leadership Development
    15 out of 15 points
    The nonprofit provides evidence of investment in leadership development.
    Our leadership team has and continues to attend seminars and workshops to enhance and improve our fundraising abilities
    External Focus on Mobilizing Mission
    15 out of 15 points
    The nonprofit provides evidence of leadership through focusing externally and mobilizing resources for the mission.
    • Strategic Partnerships
    • Collaborative Engagement
    • Social Promotion
    • Civic Engagement

    Adaptability

    30 out of 30 points

    Full Credit
    Partial Credit
    No Credit
    Adaptability Practices
    30 out of 30 points
    The nonprofit has an opportunity to tell the story of how the organization adapted to tremendous external changes in the last year
    Both our fundraising efforts and programs were impacted by the pandemic. We adapted our fundraising to focus on using Zoom meetings, email and phone calls vs. in-person meetings. Our ability to conduct face-to-face workshops and present during orientation to students was non-existent requiring us to postpone these activities until restrictions were lifted.