Educational Institutions

George Snow Scholarship Fund Inc

  • Boca Raton, FL
  • www.scholarship.org

Mission Statement

The George Snow Scholarship Fund is dedicated to helping individuals in financial need through a scholarship program for residents of South Florida who are continuing their education. Our mission is to help deserving young women and men within our community achieve their career goals, an outcome which has the added benefit of bettering the community at large. In short, our goal is to insure that no deserving scholar in our community is deprived of higher education because of a shortage of funds.

Main Programs

  1. Scholarship Program
  2. Scholar Support Program
Service Areas

Self-reported

Florida

The George Snow Scholarship Fund offers need-based, 4 year scholarship commitments to high school seniors attending:

1. All Palm Beach County High Schools,
2. Blanche Ely and Pompano Beach High Schools in Northern Broward County,
3. All Homeschooled students who live in Palm Beach County or are eligible to attend Blanche Ely and Pompano Beach High Schools in Northern Broward County, and
4. Women in Miami/Dade County, Broward County and Palm Beach County interested in obtaining degrees in the Technology and Engineering fields.

ruling year

2001

Principal Officer

Self-reported

Timothy Snow

Keywords

Self-reported

Scholarships, Financial Aid, Higher Education

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EIN

59-2162597

 Number

0088218407

Contact

Cause Area (NTEE Code)

Scholarships, Student Financial Aid, Awards (B82)

Public Foundations (T30)

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

The George Snow Scholarship Fund has given over $7,000,000.00 in college scholarship awards to over 1500 of Palm Beach County's most talented high-school seniors. Our scholars attend the best universities in the country, we have help send scholars to: MIT, Yale, Stanford, Harvard, University of Southern California, University of Pennsylvania, University of Florida, and Florida State University. Over our 32 years of supporting post-secondary education, more than 90% of our scholars have graduated and become hard-working, philanthropic members of their local communities.

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 Program

The George Snow Scholarship Fund offers need-based, 4 year scholarship commitments to high school seniors attending:

1. All Palm Beach County High Schools,
2. Blanche Ely and Pompano Beach High Schools in Northern Broward County,
3. All Homeschooled students who live in Palm Beach County or are eligible to attend Blanche Ely and Pompano Beach High Schools in Northern Broward County, and
4. Women in Miami/Dade County, Broward County and Palm Beach County interested in obtaining degrees in the Technology and Engineering fields.

The Fund looks for applicants that have:
● a financial need,
● are active in their school and community,
● have strong educational and career goals, and
● are self-motivated.

Students applying for these scholarships can attend any accredited college, university, vocational/technical school anywhere in the country and major in any subject. We are currently providing support to over 300 scholars.

Category

Education

Population(s) Served

Poor/Economically Disadvantaged, Indigent, General

Youth/Adolescents only (14 - 19 years)

None

Budget

Program 2

Scholar Support Program

We have learned through more than 32 years of providing scholarships that our scholars need more than just financial support to get through school. They need emotional support, encouragement, and mentorship. The goal of the Scholar Support Program is to help provide these types of support to the student, who, because of family situations, may not be receiving this support at home.

Snow Scholars become part of the Scholarship Fund family and are held to very high expectations by staff and donors. This family provides the support and resources our scholars need to succeed. Scholarship Fund staff focus on helping Snow Scholars overcome any problems or challenges that arise during his or her first year of college and beyond, all with a focus on personal responsibility.

The Scholar Support Services Program provides resources and support to more than 300 Snow Scholars each year. Students are provided with the following resources:

• Help, Support, and Guidance from Scholar Support Staff
• High School to College: Tools for a Successful Transition Program
• College Physical Program
• College Makeovers
• Computers and College Supply Program
• College Supply Gift Bags
• College Care Packages
• Monday Morning Motivational Messages
• Emergency Fund


No other scholarship organization in South Florida provides these types of academic and social support services to its scholars. This support is often as valuable as the financial commitment made to them. Our holistic approach prepares students for success not only during their academic journey, but also after graduation.

Category

Education

Population(s) Served

Poor/Economically Disadvantaged, Indigent, General

None

Budget

Results

Self-reported by organization

How does this organization measure their results? It's a hard question but an important one. These quantitative program results are self-reported by the organization, illustrating their committment to transparency, learning, and interest in helping the whole sector learn and grow.

1. Average financial aid award per FTE student

Target Population
No target populations selected

Connected to a Program?
Scholarship Program
TOTALS BY YEAR
Context notes for this metric

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?
    The George Snow Scholarship Fund is a Boca Raton, Florida based, tax-exempt public charity that aims to provide financial and emotional support to South Florida students pursuing a post-secondary education. Our goal is to insure that no deserving scholar in our community is deprived of a higher education because of a shortage of funds, which has the added benefit of bettering the community as a whole.
  2. What are the organization's key strategies for making this happen?
    1. Strategy for Ensuring Long Term, Sustainable Scholarship Fund:

    Over the past two years, the George Snow Scholarship Fund has engaged its donors, trustees, and alumni in a strategic planning effort aimed at the future. With the support of these groups, and guided by the leadership of the Fund's long-time president, Tim Snow, the organization has created a plan to ensure the long-range viability of the organization, and at the same time try to increase the number and size of scholarship awards. The Snow Education Endowment Campaign is the Fund's effort to create a renewable and sustainable source of scholarship dollars. This campaign contains defined activities and clearly articulated goals and metrics.

    2. Strategy for Ensuring Students Graduate:

    Two dedicated staff have the sole responsibility of taking care of the needs of the Snow Scholars. This team represents half a century of experience in the field of scholarship administration AND parenting. Our staff often acts as an extra parent (or in some cases, the only parent) offering encouragement and guidance, but more importantly holding scholars responsible and accountable. A recent study found that these types of support significantly improve disadvantaged students chances of graduating from college (The Oregon Community Foundation, Research Brief 2015, Student Success through Scholarships: Promising Practices that Support Post-Secondary Graduation).

    Multi-year scholarship awards are also provided. The award disbursement process is designed to maximize each student's financial aid award and support the student to not just start college, but to finish it.

    Snow Scholars become part of the Scholarship Fund family and are held to very high expectations by staff and donors. This family provides the support and resources our scholars need to succeed. Scholarship Fund staff focus on helping Snow Scholars overcome any problems or challenges that arise during his or her first year of college and beyond, all with a focus on personal responsibility. They support the students, but don't do all the work for them, stressing the importance of personal responsibility.

    3. Strategy to Insure the Scholarship Award Benefits the Student (and Not Their College or University):

    Our staff work tirelessly to ensure our scholars maximize the their financial aid award and avoid the displacement of scholarship funds by their university or college. Award displacement occurs when receipt of one form of financial aid, such as a private scholarship, leads to a reduction in other forms of student financial aid. Unfortunately, this is a common practice at many colleges and universities. Every year, many unsuspecting scholarship donors and scholarship fall victim to this practice, but not Snow Scholars. Our staff have relationships with financial officers at many universities, and have developed a variety of strategies to help our scholarships funds benefit the student, not the university.

  3. What are the organization's capabilities for doing this?
    Since our founding in 1982, the George Snow Scholarship Fund has evolved from a small memorial to one man into a nationally recognized community asset and a valuable resource for the young people of Palm Beach and Broward Counties. In 2015, the National Scholarship Providers Association (NSPA), named the organization “Scholarship Provider of the Year for its outstanding scholarship practices. The Scholarship Fund is one of the largest sources of educational grants in Palm Beach County and is a leader in scholarship administration with a national reputation for creating innovative student support programs that address the emotional and financial needs of its scholars. We are the trusted steward of more than 64 individual scholarship programs established by families, private foundations, corporations, and individual philanthropists in South Florida. The organization is a South Florida community asset—a family of individuals, businesses, and community service organizations sharing the belief that education is the key to a better life, a better community and a better country.
  4. How will they know if they are making progress?
    The George Snow Scholarship fund has established a set of clear and measurable goals and a comprehensive evaluation and continuous quality improvement program. This plan rigorously assembles evidences—quantitative and qualitative—to track progress toward our ultimate goal of helping our scholars earn a college degree.

    This evaluation plan collects data both from existing documents as well as from an interview-based evaluation tool. It is our goal to survey at least 25% of Snow Scholars after graduation each year. The Snow Alumni Census is completed every 5 years with the goal of assessing the impact of the Scholarship Fund on the lives of its scholars and the impact of these scholars in the community. This survey is intended to help us keep in touch with alumni and looks at outcomes related to graduate school, employment, civic engagement, and civic leadership.

    We measure success against the following benchmarks:

    1. 90% of students feel supported and a part of the Scholarship Fund Family
    2. 90% of students are able to reduce displacement of scholarship funds and maximize their financial aid award
    3. 90% of students successfully complete freshman year of college (or other postsecondary education)
    4. 90% of students graduate from college within 6 years
    5. 90% of students find employment
    6. 50% of students volunteer in the community after graduation
  5. What have and haven't they accomplished so far?
    Over the past 3 decades, the George Snow Scholarship Fund has provided more than $7,000,000.00 in scholarship awards and helped more than 1500 students. Many of these young men and women are the first in their family to earn a college degree. Obtaining a degree not only impacts the Snow Scholar's life, but also impacts his or her family and the community far into the future.

    No matter their chosen profession, Snow Scholars are leaders in their communities after graduating. For example, 1999 Snow Scholar Zulna Heriscar, who is currently the Chief of Staff for Worldwide OEM Operations at the Microsoft Corporation, is a great example of how her scholarship allowed her to focus on her academics. Shortly after graduating, she sent us this note:

    “The organization's funding blessed me with the opportunity to develop and soar during my matriculation at Florida A&M University. I was able to devote my time and countless hours to pursue my passion in technology, law and business. This aided me in graduating in the top 10% of my Computer Science class positioning me for a career with Microsoft. I am forever grateful to the Snow organization for the funding, encouragement and support that has been provided to my family and I. I appreciate Mr. Tim Snow and the team because they truly helped to change the trajectory of my life by seeing more in me than I saw in myself in 1999 when I was awarded my first Snow Scholarship."

    Student debt is a major issue facing most young adults today, but not Snow Scholars. One of the greatest benefits of the Scholarship Fund is the financial freedom of no or low student debt. This allows students to take the job they want (not just the most high paying), to buy their homes, and to begin saving for their own children's college tuition. As of 2015, the Scholarship Fund has helped save our scholars more than $8,500,000 in student loans.

    However, despite all of the success, we know there is work left to do. For every student helped by the George Snow Scholarship Fund, there are 3 students we cannot help. Over the next decade our goal is to raise more funds and expand outreach efforts which will lead to an increase in the number and size of financial aid awards and will provide scholarship support to at least twice as many more young men and women in South Florida.


Service Areas

Self-reported

Florida

The George Snow Scholarship Fund offers need-based, 4 year scholarship commitments to high school seniors attending:

1. All Palm Beach County High Schools,
2. Blanche Ely and Pompano Beach High Schools in Northern Broward County,
3. All Homeschooled students who live in Palm Beach County or are eligible to attend Blanche Ely and Pompano Beach High Schools in Northern Broward County, and
4. Women in Miami/Dade County, Broward County and Palm Beach County interested in obtaining degrees in the Technology and Engineering fields.

Social Media

External Reviews

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Financials

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

GEORGE SNOW SCHOLARSHIP FUND INC
Fiscal year: Jan 01-Dec 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.

George Snow 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 2014, 2014 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
Need the ability to download nonprofit data and more advanced search options? Consider a Premium or Pro Search subscription.

Principal Officer

Timothy Snow

Governance

BOARD CHAIR

Mike Arts

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

No

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?

No

CEO OVERSIGHT

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

Yes

ETHICS & TRANSPARENCY

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

Yes

BOARD COMPOSITION

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

No

BOARD PERFORMANCE

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