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Education : Scholarship and Financial Support

The Francis Ouimet Scholarship Fund

Scholarships for caddies since 1949

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Impact Information is available from our partner, GuideStar

three stars

89.54

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

Board Leadership
James D. Blue II
President

CEO
Robert Donovan
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.54 three stars
  Financial 85.22 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 03/01/2019 and includes data from FY2018, 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.

Impact Information

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This impact information is current as of July 2019, 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.

Financial

three stars

85.22

Accountability & Transparency

four stars

100.00

This rating was published 03/01/2019 and includes data from FY2018, 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)
68.3%
  Administrative Expenses 9.9%
  Fundraising Expenses 21.6%
  Fundraising Efficiency $0.14
  Working Capital Ratio (years) 5.70
  Program Expenses Growth 10.9%
  Liabilities to Assets 1.9%
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) 89.54 three stars
Central Scholarship (MD) 96.74 four stars
Children's Scholarship Fund (NY) 94.47 four stars
ACE Scholarships (CO) 96.66 four stars
Take Stock in Children (FL) 87.88 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,996,376
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $856,344
   Related Organizations $0
   Government Grants $0
Total Contributions $3,852,720
   Program Service Revenue $0
Total Primary Revenue $3,852,720
   Other Revenue $291,581
TOTAL REVENUE $4,144,301
   
EXPENSES  
   Program Expenses $2,372,331
   Administrative Expenses $383,416
   Fundraising Expenses $569,733
TOTAL FUNCTIONAL EXPENSES $3,325,480
   
Payments to Affiliates $0
Excess (or Deficit) for the year $818,821
   
Net Assets $17,954,145

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 $2,372,331 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-03 03/01/2019 89.54 three stars
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, 2017
  • March, 2016
  • March, 2015
  • March, 2014
  • March, 2013
Compensation % of Expenses Paid to Title
$170,000 5.11% Robert P. Donovan Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
The Francis Ouimet Scholarship Fund (MA) 89.54 three stars
Simon Youth Foundation (IN) 88.63 three stars
Children of Fallen Patriots Foundation (VA) 97.74 four stars
Columbus Citizens Foundation (NY) 85.39 three stars
NBCC Foundation (NC) 87.14 three 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 II
President

CEO

Robert Donovan
Executive Director

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