Educational Institutions

The Childrens Scholarship Fund

  • New York, NY
  • www.scholarshipfund.org

Mission Statement

The Children's Scholarship Fund aims to maximize educational opportunity for all children: for those in need by offering tuition assistance in grades K-8 for alternatives to faltering conventional schools, and for all children by supporting and cultivating education reform and parental choice efforts.

Main Programs

  1. Scholarship Fund
Service Areas

Self-reported

New York

CSF offers K-8th grade scholarships in partner program areas nationwide. See www.scholarshipfund.org for a list of program areas.

ruling year

1998

Principal Officer

Self-reported

Ms. Darla Romfo

Keywords

Self-reported

children, k-8 education, pre-college scholarship, The Childrens Scholarship Fund, children's, childrens, scholarship

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EIN

13-4002189

 Number

6187232187

Also Known As

CSF

Contact

Cause Area (NTEE Code)

Student Services and Organizations (B80)

Scholarships, Student Financial Aid, Awards (B82)

Primary/Elementary Schools (B24)

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?

Overview

Self-reported by organization

This school year, CSF’s scholarships are empowering parents of almost 25,000 low-income
children to choose a private or parochial elementary school for their child. Since
our inception in 1998, CSF has awarded scholarships worth $610
million to almost 145,000 low-income children. We believe we succeed every time parents use one of our scholarships to send their
child to the school of their choice.

 
Beyond the inherent good of putting families
in charge of their children's education, we are also helping provide an
academically superior education. According to a Department of Education study,
private school students score higher on standardized tests than their public
school counterparts, and they are more likely to graduate high school and
eventually earn a college degree. In fact, children who had been in private
school in 8th grade were twice as likely to earn a college degree
than children coming from public school. And children in the lowest
socio-economic group who attend private school were almost four times as likely
to go to college than those in public schools.
 
Recent studies on CSF partner
programs have produced similar results. For example, in 2013, 95.4 percent of CSF New York alumni graduated high school on time, compared to the average NYC public school graduation rate of 60.4 percent. Of the alumni who graduated, 90 percent are now enrolled in college.

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

Scholarship Fund

We provide partial tuition assistance for low-income families to send their children to private schools in grades K-8. We focus on the earlier grades to ensure a solid educational foundation. Since our inception, almost 123,000 children have benefited from our scholarships across the United States as part of our mission to expand choice in education. Currently almost 25,500 children are using CSF scholarships. These children are attending the school of their parents' choice through the generosity of our donors, the efforts of our partner programs across the country and the sacrifices made by the families themselves, who pay-on average-50% of their children's tuition.

Category

Education

Population(s) Served

Poor/Economically Disadvantaged, Indigent, General

Children Only (5 - 14 years)

Budget

$26,876,549.00

Service Areas

Self-reported

New York

CSF offers K-8th grade scholarships in partner program areas nationwide. See www.scholarshipfund.org for a list of program areas.

Additional Documents

Social Media

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External Reviews

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Financials

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

Children's Scholarship Fund
Fiscal year: Sep 01-Aug 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.

The Childrens Scholarship Fund

Leadership

NEED MORE INFO ON THIS NONPROFIT?

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

Ms. Darla Romfo

Governance

BOARD CHAIR

Mr. Michael D. McCurry

Public Strategies Washington, Inc.

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


RESPONSE NOT PROVIDED

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?


RESPONSE NOT PROVIDED

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?