Educational Institutions

Sponsors Scholarship Program

  • Nashville, TN
  • www.TheSponsors.org

Mission Statement

The mission of The Sponsors Scholarship Program is to assist financially disadvantaged young people of promise to attend the college or other post-high school program of their choice to attain a brighter future and become contributing members of our community. Our assistance includes seminars that focus on college search criteria and transition issues; adult mentors who provide guidance after high school; and scholarships to reduce the financial burden associated with post-high school education. We hope the availability of our scholarship will serve as an inspiration to many who might otherwise drop out of the educational process before achieving their full potential.

Main Programs

  1. Identification of Candidates
  2. Financial Assistance
  3. Mentoring
  4. Sponsors Graduates
  5. Seminars
Service Areas

Self-reported

Tennessee

The Sponsors program primarily supports students in Davidson and Williamson County, in Middle Tennessee and Allen County, Kentucky.

ruling year

2005

Principal Officer since 2011

Self-reported

Mr. Garry Sharp

Keywords

Self-reported

DAVIDSON WILLIAMSON SCHOLARSHIPS seminars grants scholarship mentoring volunteer youth development financial aid

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EIN

20-2511913

 Number

1647167497

Also Known As

The Sponsors Scholarship Program

Contact

Cause Area (NTEE Code)

Scholarships, Student Financial Aid, Awards (B82)

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

We believe supporting financially disadvantaged young people of promise to obtain an adequate post high school education will improve their long term prospects and strengthen the overall economic environment in our community. We've achieved our mission since 1996 and helped over 400 students pursue post high school education with more than $ .95 of every dollar contributed going directly to scholarships. In addition, the community benefits from The Sponsors program go beyond the students directly affected. By involving and validating the role of the family, we encourage parents, siblings, and peers to believe that opportunities do exist. By working with other organizations serving the same constituency, we share ideas and expand the network of support. By involving volunteers and mentors who directly connect with these young people, we build bonds of trust that elevate cooperation across our community. Your gift to Sponsors Scholarship Program will make a real difference in the lives of young people who need that extra financial support and we want your help. ACCOMPLISHMENTS In 2013, college scholarships totaling more than $155,000 were given to 71 financially disadvantaged students. We continue to meet our goal of operating with overhead of less than 5% of our total program costs. Very few charitable organizations can match this efficient and effective use of contributions. Our program differs significantly from other scholarship programs due to the support and guidance we provide our students. In the fall we host college search seminars to assist our nominees make informed decisions about their educational path and include information on other scholarship opportunities. We also prepare a notebook for each student with useful information that is updated annually to help guide them through the process. In the spring we have transition seminars to aid them as they move to the next step in their education, and we focus on proactive tips to increase their likelihood of success and help them make wise financial decisions. Another unique aspect of The Sponsors is our Mentors program. Each student is offered a mentor who is available to them for support and advice throughout their post-high school educations. Our support is not limited to students attending four year colleges; we feel the value added to their life options from community college or appropriate vocational programs can be equally valuable, especially when the impact of student debt is factored in, and we encourage students to consider all their educational options. The success of our model has been recognized by other organizations and groups who provide financial support for our program. The March Foundation, a national group of retired African AmericanUPSexecutives dedicated to the education of African American youth, has not only contributed to The Sponsors for several years, but they also provide members who have participated on our Scholarship Committee and serve on The Sponsors board. GOALSWe are committed to increasing our contributions sufficiently to provide up to 25 new scholarships each year while maintaining approximately 50 continuing students. This requires a continuation of our current contributor base combined with an increase in contributions of 15% through the addition of at least 10 individual contributors and 2 new foundations. We will create a student nominating relationship with at least one institution devoted to serving the learning disadvantaged youth who come from a financially disadvantaged background. Our 'early seminar' program produced significant results in student application processing and we will continue enhancing this program. A fully developed succession plan for our all-volunteer program's key jobs is an important work-in progress that is essential to our continued success.

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

Identification of Candidates

Guidance counselors in Davidson, Williamson County, Tennessee and Allen County, Kentucky, and numerous youth organizations identify deserving candidates for The Sponsors program. Nominees are interviewed by 2 person teams from the Scholarship Committee before the Committee determines which students most need and deserve support.

Category

Population(s) Served

Budget

Program 2

Financial Assistance

Students selected to participate in The Sponsors program are encouraged to apply for all possible grants and scholarships. To the extent that the student is still short of school costs, The Sponsors provide a scholarship to help overcome the shortfall.

Category

Education

Population(s) Served

Poor/Economically Disadvantaged, Indigent, General

Other Named Groups

Budget

Program 3

Mentoring

Since many of our students are the first generation in their family to attend college, we offer each student the opporutnity to have a ""friendship mentor"" from the many volunteers. This mentor is available when they need a mature, experienced voice to help them in the tough transition from high school to college.

Category

Population(s) Served

Other Named Groups

Budget

Program 4

Sponsors Graduates

College graduates who stay in the Nashville area are encouraged to join The Sponsors as volunteers to serve on one of the committees (scholarship, mentors, administrative, etc.) and/or to be contributors.

Category

Philanthropy, Voluntarism & Grantmaking

Population(s) Served

Other Named Groups

Budget

Program 5

Seminars

We offer college counseling seminars to nominated students in the fall of their senior yeat to provide them information on other scholarship opportunities with early application deadlines, e.g. Promise Scholarships, alert them to ACT preparation resources and provide them other time sensitive information. We then invite qualified students to a spring seminar to brief them on the completion of our financial worksheet and provide guidance as they prepare for the transition to their post high school education.

Category

Population(s) Served

Budget

Service Areas

Self-reported

Tennessee

The Sponsors program primarily supports students in Davidson and Williamson County, in Middle Tennessee and Allen County, Kentucky.

Additional Documents

Funding Needs

With our all volunteer program! We don't need buildings or expensive infrastructure. From our beginning we have operated with almost all volunteers and in 2014 completely volunteer. We do need good VOLUNTEERS who share our passion for helping promising financially disadvantaged young people to advance their education. We also need FUNDS. With $.95 of every contribution $1.00 going directly to support a financially disadvantaged young person attend college, we believe few charitable organizations can match our efficiency. Help us increase our support to students by becoming a financial contributor to the Sponsors.

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Financials

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

THE SPONSORS SCHOLARSHIP PROGRAM FORMERLY THE SPONSORS
Fiscal year: Jan 01-Dec 31

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Operations

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

Sponsors Scholarship Program

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 2014
  • Board Chair and Board Members
  • Access to the GuideStar Community
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Principal Officer

Mr. Garry Sharp

BIO

Garry's successful telecommunications business career and subsequent consulting business including association management prepared him well to lead The Sponsors. He has worked tirelessly with George Langstaff for the past 9 years to insure a solid management progression and program continuity for The Sponsors.

STATEMENT FROM THE Principal Officer

" Since our founding in 1995, The Sponsors has evolved from a program of Time To Rise to an independent 501(C)3 with our own Board of Directors. We continue to pursue diligently our original target of assisting financially disadvantaged high school graduates obtain appropriate post-high school education. We are now an volunteer program with more than $.95 of every $1.00 in expenses going direclty to college scholarships. We are currently able to maintain support for about 70 students in college or post-high school programs. From our initial target of Davidson County,TN and Allen County, KY, we have expanded into Middle Tennessee with Williamson County. With our geographic expansion and to insure program continuity, we have taken necessary steps to develop a management succession roster of volunteers and more sophisticated management tools. We have successfully recruited an excellent expansion of our Board, all of whom are working with our original team to learn all aspects of our program and assume greater responsibility for our operations. We intend for The Sponsors to be a permanent force for improving the educational accomplishments of financially disadvantaged high school graduates in Middle Tennessee and Allen County, KY. There is much room for new volunteers to come aboard and play important roles in what we are doing. If this appeals to you, please contact us and join our program. You won't regret it. "

Governance

BOARD CHAIR

Mr. Garry Sharp

Community Volunteer

Term: July 2011 - July 2017

BOARD LEADERSHIP PRACTICES

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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?