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Education : Scholarship and Financial Support

George Snow Scholarship Fund Inc.

Ensuring that no deserving scholar in our community will be deprived of higher education.

four stars

100.00

201 Plaza Real Suite 260
Boca Raton, FL 33432
tel: (561) 347-6799   Web Site
EIN: 59-2162597

Board Leadership
Albert J. Tavasos
President

CEO
Timothy G. Snow
President

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 100.00 four stars
  Financial 100.00 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?

The George Snow Scholarship Fund is dedicated to helping individuals in financial need through a scholarship program for residents of South Florida, who are continuing their education. Our goal is to help deserving individuals within our community achieve their career goals, an objective which has the added benefit of bettering the community at large. In short, our goal is to insure that no deserving scholar in our community will be deprived of higher education because of a shortage of funds. By providing financial assistance and a host of supplementary support services, we ensure that your scholarship recipients have the resources they need to thrive academically.

The George Snow Scholarship Fund is dedicated to helping individuals in financial need through a scholarship program for residents of South Florida, who are continuing their education. Our goal is to help deserving individuals within our community achieve their career goals, an objective which has the added benefit of bettering the community at large. In short, our goal is to insure that no deserving scholar in our community will be deprived of higher education because of a shortage of funds. By providing financial assistance and a host of supplementary support services, we ensure that your scholarship recipients have the resources they need to thrive academically.

Impact Information

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Reported Results
Showing 3 of 4
Total in 2019
Average financial aid award per FTE student
9,333
Number of Students who graduate from college or trade school.
81
Number of students who receive scholarship funds and/or tuition assistance
400
Number of college students receiving support services
400
This organization has earned a GuideStar's Platinum Seal of Transparency by voluntarily sharing the measures of progress and results they use to pursue their mission. Organizations earn Platinum Seals by selecting from a catalog of over 900 expert recognized metrics or by creating a new metric that best fits their work. This information is reported by the organization and displayed publicly on their GuideStar Nonprofit Profile. With over 1.6 million Nonprofit Profiles, 9 million annual visitors and over 200 data partners, GuideStar is the world's leading source of information about nonprofit organizations. A nonprofit itself, GuideStar is dedicated to providing better data for better decisions for a better world.
This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Learn more about how we calculate the overall score and rating.

Financial

four stars

100.00

Accountability & Transparency

four stars

100.00

This rating was published 04/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 85.4%
  Administrative Expenses 11.5%
  Fundraising Expenses 3.0%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 2.64
  Program Expenses Growth 21.4%
  Liabilities to Assets 0.7%
All data for Financial Performance Metrics calculations was provided by George Snow Scholarship Fund Inc. on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by George Snow Scholarship Fund Inc. on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
George Snow Scholarship Fund Inc. (FL) 100.00 four stars
National Medical Fellowships (NY) 88.55 three stars
Denver Scholarship Foundation (CO) 90.08 four stars
Burger King McLamore Foundation (FL) 94.34 four stars
Scholarship Foundation of St. Louis (MO) 88.47 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,890,982
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $667,300
   Related Organizations $0
   Government Grants $0
Total Contributions $2,558,282
   Program Service Revenue $0
Total Primary Revenue $2,558,282
   Other Revenue $-217,472
TOTAL REVENUE $2,400,643
   
EXPENSES  
   Program Expenses $1,280,721
   Administrative Expenses $152,366
   Fundraising Expenses $52,635
TOTAL FUNCTIONAL EXPENSES $1,485,722
   
Payments to Affiliates $0
Excess (or Deficit) for the year $914,921
   
Net Assets $5,301,459

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Scholarships $1,280,721 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 04/01/2020 100.00 four stars
2018-12 03/01/2020 97.17 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 59-2162597
Name in IRS Master File GEORGE SNOW SCHOLARSHIP FUND INC
NTEE Code [Not Provided by IRS]
NTEE Classification [Not Provided by IRS]
NTEE Type [Not Provided by IRS]
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (40) Scholarships (other)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date May, 2001
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)		 (Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$195,832 13.18% Timothy G. Snow President

Highly Rated

Charity Name & State Overall Score Overall Rating
George Snow Scholarship Fund Inc. (FL) 100.00 four stars
Folds of Honor (OK) 98.23 four stars
ACCESS College Foundation (VA) 93.38 four stars
All Hands Raised (OR) 86.39 three stars
College Now Greater Cleveland (OH) 94.29 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

George Snow Scholarship Fund Inc.
201 Plaza Real
Suite 260
Boca Raton, FL 33432
tel: (561) 347-6799
EIN: 59-2162597

Visit Web Site

Board Leadership

Albert J. Tavasos
President

CEO

Timothy G. Snow
President

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