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The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581273122 ✦ Athens, GA ✦ Designated as a 501(c)(3)

Overview

What is The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund?

The Jeannette Rankin Foundation Inc, operating under the name Jrankin Women's Scholarship Fund, is a nonprofit organization situated in Athens, Georgia. With a team of 16 dedicated individuals, this organization provides financial aid to women aged 35 and above, both nationally and in Georgia, who are in need of support for their post-secondary education. The grants awarded by the foundation are non-restrictive and non-tuition, filling in gaps not covered by other funding sources, such as books, childcare, housing expenses, and car repairs. As per the Institute for Women's Policy Research, every dollar invested in this initiative brings a return of $5.05. In the 2021/22 academic year, the foundation granted 135 full $2,500 scholarships, while the remaining funds were disbursed in emergency funds and vocational education support.


Official website here: www.rankinfoundation.org

Is The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund legitimate?

The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $119,061
Professional Fundraising Fees: $0
Other Salaries and Wages: $130,833

For more financial information, click here


Official website here: www.rankinfoundation.org

What is the mission statement of The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund?

The Jeannette Rankin Foundation Inc., operating as Jrankin Women's Scholarship Fund, is committed to providing scholarships and support to low-income women aged 35 and above, both nationally and in Georgia. Their mission is to help these women complete their post-secondary education by offering non-tuition, unrestricted scholar grants. These grants allow scholars to cover expenses not covered by other funding, such as books, childcare, housing expenses, and car repairs. According to the Institute for Women's Policy Research, investing in additional financial aid for single mothers can yield a substantial return, with $5.05 returned for every dollar spent. In 2021/22, the foundation awarded 135 full $2,500 scholarships, with the remaining funds distributed in emergency funds and vocational education support.


Official website here: www.rankinfoundation.org

Who is the CEO of The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund?

Karen Sterk is the Chief Executive Officer of The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund. The CEO's salary of The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund is $106,383 and their total compensation is $139,413.


Official website here: www.rankinfoundation.org

What is the revenue of The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund?

The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund's revenue in 2022 was $2,828,108.


Official website here: www.rankinfoundation.org

Who are the executives of The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund and what are their salaries?

The average compensation at The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund during 2022 was $15,618. There are 16 employees and 264 volunteers at The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund.

Here are 23 key members and their salaries (The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund's CEO's salary is $106,383 and their total compensation is $139,413):

    Karen Sterk (Chief Executive Officer)
  • Compensation: $106,383
  • Related: $0
  • Other: $33,030

    • Betsy Bach (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rozy Park (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jane Hale Hopkins (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tracy Cosgrove (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vashti Canty (Member At Large) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ana Rosado Reyes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catherine Hollingsworth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charmaine Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dimples Williamson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Genie Snyder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Maria Waters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacqueline Smalley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Esch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Reeve (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Latoro Yates (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Libby Pollock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lorraine Hart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Cook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peg Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacy Sollenberger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Val Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendy Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rankinfoundation.org

    Where can I find the form 990 for The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund?

    The The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.rankinfoundation.org

    Learn more at the official website: www.rankinfoundation.org

    Mission Statement of The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund

    The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund is dedicated to providing scholarships and support for low-income women aged 35 and above. This nonprofit organization's mission is to empower these women by offering them non-tuition, unrestricted scholar grants. These grants help women in financial need, both nationally and in Georgia, complete their post-secondary education. By doing so, the Foundation aims to improve their lives and contribute positively to their communities.

    To date, The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund has awarded 1,949 non-restricted, non-tuition scholar grants to 1,149 women, totaling $3,899,684. These scholar grants serve as a crucial financial aid supplement, enabling recipients to cover expenses not covered by other funding sources, such as books, childcare, housing, and car repairs. According to the Institute for Women's Policy Research (IWPR), investing in additional financial aid for single mothers can yield a significant return. The Foundation's scholar grant funds could potentially generate a return of $1,783,837, as per IWPR's estimates.

    In 2021/22, The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund awarded 135 full $2,500 scholarships. The remaining funds were disbursed in emergency funds and vocational education support. This demonstrates the Foundation's commitment to providing comprehensive support to its beneficiaries, ensuring they can overcome various challenges and complete their education.

    Impact

    This information is meant to be a general summary of The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund provides non-tuition unrestricted scholar grants and support to low-income women aged 35 and older, helping them complete their post-secondary education. To date, the organization has given 1,949 scholar grants to 1,149 women, totaling $3,899,684. These grants have enabled Jeannette Rankin Scholars to fill in financial gaps for expenses such as books, childcare, housing, and car repairs, ultimately empowering them to pursue their educational goals.

    According to the Institute for Women's Policy Research (IWPR), investing in additional financial aid for single mothers can result in significant returns. For every dollar spent on providing such aid, the USA could potentially gain $5.05 in return. In the case of the Jeannette Rankin Women's Scholarship Fund, the return on investment of the scholar grant funds is estimated to be $1,783,837 for the most recent year.

    In 2021/22, the organization awarded a total of 135 full $2,500 scholarships, with the remaining funds being distributed as emergency assistance and vocational education support. By supporting these women in pursuing their education and training, the Jeannette Rankin Foundation is not only transforming individual lives but also making a meaningful contribution to the economic empowerment and advancement of women in society.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $490,865
  • Program Service Revenue: $0
  • Gross Receipts: $3,232,429

    • Assets and Liabilities:
  • Total Assets: $3,077,872
  • Total Liabilities: $123,762
  • Net Assets: $2,954,110
  • Organization Details

    Founding Year

    1976

    Principal Officer

    Karen Sterk

    Main Address

    1 HUNTINGTON ROAD Suite NO 701, ATHENS, GA, 30606

    NTEE Category

    Code: B82 - Education

    If you are a representative of The Jeannette Rankin Foundation Inc D/B/A Jrankin Women's Scholarship Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.