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Education : Scholarship and Financial Support

The Francis Ouimet Scholarship Fund

Scholarships for caddies since 1949

three stars

87.21

300 Arnold Palmer Boulevard Norton, MA 02766
tel: (774) 430-9090   Web Site
EIN: 04-2234126

Board Leadership
James D. Blue
President

CEO
Robert Donovan
Executive Director

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 87.21 three stars
  Financial 81.92 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 05/01/2018 and includes data from FY2017, the most recent 990 received at that time.

Founded in 1949, the Francis Ouimet Scholarship Fund is committed to providing need and merit based scholarship aid to students who have demonstrated a strong work ethic by having completed at least two years of service to golf. The Ouimet Fund rewards accomplishment through the competitive, renewable scholarships. The Fund is dedicated to providing the golfing community with an opportunity to give back to golf and society by assisting youth in furthering their education. The Fund also seeks to preserve the history of Francis Ouimet's contributions to American golf. Since its founding, the Fund has awarded over $19.2 million in need and merit based college tuition assistance scholarships to over 4,500 students.

Founded in 1949, the Francis Ouimet Scholarship Fund is committed to providing need and merit based scholarship aid to students who have demonstrated a strong work ethic by having completed at least two years of service to golf. The Ouimet Fund rewards accomplishment through the competitive, renewable scholarships. The Fund is dedicated to providing the golfing community with an opportunity to give back to golf and society by assisting youth in furthering their education. The Fund also seeks to preserve the history of Francis Ouimet's contributions to American golf. Since its founding, the Fund has awarded over $19.2 million in need and merit based college tuition assistance scholarships to over 4,500 students.

Financial

three stars

81.92

Accountability & Transparency

four stars

100.00

This rating was published 05/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
65.5%
  Administrative Expenses 8.5%
  Fundraising Expenses 25.9%
  Fundraising Efficiency $0.16
  Working Capital Ratio (years) 5.64
  Program Expenses Growth 10.4%
  Liabilities to Assets 1.5%
All data for Financial Performance Metrics calculations was provided by The Francis Ouimet Scholarship Fund on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Francis Ouimet Scholarship Fund on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Francis Ouimet Scholarship Fund (MA) 87.21 three stars
Institute for Educational Advancement (CA) 92.22 four stars
Foster Care to Success (VA) 87.62 three stars
American Quarter Horse Foundation (TX) 90.03 four stars
Jackie Robinson Foundation (NY) 86.04 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $5,831,756
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $1,039,868
   Related Organizations $0
   Government Grants $0
Total Contributions $6,871,624
   Program Service Revenue $0
Total Primary Revenue $6,871,624
   Other Revenue $118,074
TOTAL REVENUE $6,989,698
   
EXPENSES  
   Program Expenses $2,252,657
   Administrative Expenses $328,857
   Fundraising Expenses $586,164
TOTAL FUNCTIONAL EXPENSES $3,167,678
   
Payments to Affiliates $0
Excess (or Deficit) for the year $3,822,020
   
Net Assets $16,711,937

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
Need Based Scholarships $2,252,657 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-03 05/01/2018 87.21 three stars
2016-03 06/01/2017 80.04 three stars
2015-03 12/01/2016 79.48 two stars
2015-03 09/01/2016 79.29 two stars
2015-03 06/01/2016 78.89 two stars
 
CN 2.0
2014-03 08/01/2015 82.50 three stars
2013-03 07/01/2014 86.60 three stars
2012-03 08/01/2013 82.95 three stars
2011-03 05/01/2012 82.35 three stars
2010-03 09/20/2011 75.11 two stars
 
CN 1.0
2010-03 06/01/2011 66.15 one star
2009-03 07/01/2010 72.39 two stars
2008-03 02/01/2009 81.37 three stars
2007-03 05/01/2008 76.34 two stars
2006-03 03/01/2007 69.71 one star
2005-03 06/01/2006 61.67 one star
2004-03 06/01/2005 63.80 one star
2003-03 11/01/2004 68.10 one star

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

EIN 04-2234126
Name in IRS Master File THE FRANCIS OUIMET SCHOLARSHIP FUND INC
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
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 November, 1953
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End March
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • March, 2016
  • March, 2015
  • March, 2014
  • March, 2013
  • March, 2012

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

Compensation % of Expenses Paid to Title
$162,346 5.12% Robert P. Donovan Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
The Francis Ouimet Scholarship Fund (MA) 87.21 three stars
Point Foundation (CA) 90.60 four stars
North Carolina Agricultural Foundation (NC) 94.77 four stars
Daniel Murphy Scholarship Fund (IL) 87.82 three stars
10,000 Degrees (CA) 90.25 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Francis Ouimet Scholarship Fund
300 Arnold Palmer Boulevard
Norton, MA 02766
tel: (774) 430-9090
fax: (774) 430-7474
EIN: 04-2234126

Visit Web Site

Board Leadership

James D. Blue
President

CEO

Robert Donovan
Executive Director

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