Educational Institutions

Francis Ouimet Caddie Scholarship Fund, Inc.

  • Norton, MA
  • www.ouimet.org

Mission Statement

Mission Statement: The Francis Ouimet Scholarship Fund is committed to providing need-based scholarship aid to both male and female 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 award. The Fund is dedicated to provide 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.

Vision Statement: The Francis Ouimet Scholarship Fund promotes the character building aspects of golf in the tradition of Francis Ouimet. The Fund is unique among golf charities with great potential for growth through support from Alumni, volunteer leadership and the golfing community. The Fund is dedicated to fostering growth of the caddie programs throughout the region, thereby broadening the scope of Scholars to create a more diverse group of Scholars and Alumni. Opportunities are plentiful for Trustees, Board Members and volunteer leaders to participate and become involved in activities that will move The Fund to a greater level of financial assistance for Ouimet Scholars.

Main Programs

  1. Program 1
  2. Scholarship Program
Service Areas

Self-reported

Massachusetts

Founded in 1949, The Francis Ouimet Scholarship Fund is considered The Golf Charity of Massachusetts™.

ruling year

1953

Executive Director since 1991

Self-reported

Mr. Robert Donovan

Keywords

Self-reported

scholarship, golf, undergraduate, financial aid, caddie, Massachusetts, service, pro shop, superintendent operations, college, education

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EIN

04-2234126

 Number

7319153688

Also Known As

Francis Ouimet Scholarship Fund

Contact

Cause Area (NTEE Code)

Scholarships, Student Financial Aid, Awards (B82)

Education N.E.C. (B99)

Golf (Country Clubs, use N50) (N6A)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

The Ouimet Fund program is dedicated to helping young men and women fulfill their goal of receiving a quality education. Through the support of golf organizations, clubs, foundations, corporations and individuals, the Ouimet Fund will award over $700,000 in need-based tuition assistance this year. Opportunities to be involved include membership in the Ouimet Society, Alumni activities, Annual Banquet, support of our Golf Marathon, the annual Ouimet Memorial Tournament, among others.

Category

Population(s) Served

Budget

Program 2

Scholarship Program

Since 1949, The Fund has awarded nearly $30 Million in need-based college tuition assistance to students who have given at least two years of service to golf as caddies, pro shop work, or course superintendent operations in Massachusetts.

The Ouimet Scholarship is unique in that it is renewable for up to four years. Ouimet awards range from $1,500 to $15,000 per year, depending on financial need and ranking in our competitive evaluation process. The value of the award over four years can be $10,000 to $40,000, or more. Over 5,400 young people have received Ouimet Scholarships, and many have gone on to prestigious positions of leadership in business and professional careers.

Category

Education

Population(s) Served

Budget

$1,700,000.00

Charting Impact

Self-reported by organization

Five powerful questions that require reflection about what really matters - results.

  1. What is the organization aiming to accomplish?
    For students, being named a Ouimet Scholar provides even more than the Scholarship award alone; it means becoming a part of the Ouimet community for life.
  2. What are the organization's key strategies for making this happen?
    Many individuals, corporations, foundations, and golf organizations support the Ouimet Fund through a number of donation programs.

    -General Contributions: The Fund welcomes all general contributions from individuals, corporations, foundations or golf organizations. All are acknowledged and are fully tax-deductible.

    -Memorial Donations: Every year more and more families select the Ouimet Fund to receive donations when a loved one passes away. The Fund acknowledges each contribution, summarizes the gifts and provides a list of contributors for the family.

    -In-Kind Donations: Many individuals, corporations, and golf organizations provide in-kind donations of merchandise prizes, trips, computer or office equipment, or services each year which the Ouimet Fund uses in conjunction with various events and projects. These donations are tax-deductible.

    -Special Events: Each year several organizations conduct special tournaments, raffles or contests in which the Ouimet Fund is the beneficiary of proceeds. Please contact The Fund for information.

    -Wills & Estates: Over the years, many individuals who have been deeply involved in golf have chosen to give back to the game through their estate by naming the Ouimet Fund as a beneficiary in their will. Many have also set up foundations that will give to the Ouimet Fund on a regular basis.

    -Foundations: The Ouimet Fund has worked with several foundations developing grant programs to support special Ouimet programs, such as our inner-city scholarships. Please contact The Fund for information.

    -Sponsorships: The Ouimet Fund has available a number of sponsorship programs through which corporations may sponsor key events or programs.

    -Corporate Programs: The Ouimet Fund offers sponsorship, general donation, and Ouimet Society corporate membership programs through which corporations can entertain clients, support youth, and contribute to a qualified 501(c)(3) organization. The Fund can also tailor special programs.

    -Matching Donations: The Ouimet Fund is eligible for many forms of company or foundation matching grants or donations and will gladly complete applications for those awards.
  3. What are the organization's capabilities for doing this?
    The growth of the Francis Ouimet Scholarship Fund can be linked to the longstanding relationships between the clubs and the Ouimet Fund. The Bag Tag program continues to be “the backbone" of The Fund.
  4. How will they know if they are making progress?
    Not available.
  5. What have and haven't they accomplished so far?
    Not available.
Service Areas

Self-reported

Massachusetts

Founded in 1949, The Francis Ouimet Scholarship Fund is considered The Golf Charity of Massachusetts™.

Funding Needs

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 award. As this need continues to grow, combined with the increasing cost of a college education, The Francis Ouimet Scholarship Fund needs to increase the fund 5 to 10% each fiscal year to meet the demand of new and current applicants for the scholarship program.

External Reviews

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

FRANCIS OUIMET SCHOLARSHIP FUND INC
Fiscal year: Apr 01-Mar 31
Yes, financials were audited by an independent accountant.

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Operations

The people, governance practices, and partners that make the organization tick.

Francis Ouimet Caddie Scholarship Fund, Inc.

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2015, 2014 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
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Executive Director

Mr. Robert Donovan

STATEMENT FROM THE Executive Director

"The Ouimet Fund is governed by a volunteer Board of Directors of successful business leaders, representatives from numerous golf organizations, and former Ouimet Scholarship recipients. "

Governance

BOARD CHAIR

Gregory J. Gailius

Retired, Pricewaterhouse Coopers LLP

BOARD LEADERSHIP PRACTICES

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization

Yes

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?

Yes

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


RESPONSE NOT PROVIDED

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?