Cambodia Rural Students Foundation USA
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Cambodia Rural Students Foundation USA does not meet the following 6 Standards for Charity Accountability:
Standard 1 (Oversight of Operations and Staff)
Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fund raising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.
CRSF does not meet this Standard because its board of directors does not:
- Review the performance of the Chief Executive Officer at least once Every 2 Years.
- Approve the organization’s budget.
Standard 6 (Board Policy on Effectiveness)
Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.
CRSF does not meet this Standard because:
- The board of directors does not have a written policy stating that, at least Every 2 Years, an appraisal be done assessing the organization’s performance and effectiveness and determining future actions required to achieve its mission.
Standard 14 (Budget)
Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.
CRSF does not meet this Standard because:
- The organization did not produce a budget for 2026.
Standard 16 (Annual Report)
Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
CRSF does not meet this Standard because:
- The organization states it does not have an annual report covering activities conducted in 2024.
Standard 17 (Web Site Disclosures)
Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.
CRSF does not meet this Standard because the organization’s website, https://cambodiaruralstudentstrust.org/, does not include all of the recommended information for those charity websites that solicit for donations. Specifically, it does not include:
- Electronic access to the organization’s 2024 IRS Form 990.
- The organization’s mailing address.
Standard 18 (Privacy for Written Appeals & Internet Privacy)
Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.
CRSF does not meet this Standard because the privacy policy on its website, https://cambodiaruralstudentstrust.org/, does not indicate:
- What security measures are in place to protect personal information that is collected.
The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 9, 12, 13, 15
Cambodia Rural Students Foundation USA meets the remaining 10 Standards for Charity Accountability.
Stated Purpose:
"to sponsor bright students from impoverished rural families to study at the best high schools and universities in Siem Reap."
Year, State Incorporated:
2018, DE
Also Known As:
Cambodia Rural Students Trust
Cambodia Rural Students Foundation USA (CRSF) reports that it is a student-led organization dedicated to breaking the cycle of poverty in Cambodia through education, empowerment, and leadership. The organization supports high school, university, and master's degree students. High school students in grades 10, 11, and 12 receive tuition assistance, uniforms, meals, daily English classes, and tutorials in other subjects. CRSF’s university students undertake two years of Intensive English for Academic Purposes prior to beginning coursework in their bachelor’s degree program. For university graduates who meet CRSF’s criteria, the organization supports the study of a second bachelor’s or master’s degree. The graduate students then mentor other CRSF students or departments and support monthly community service activities and business classes. In addition to educational opportunities, CRSF students operate multiple social enterprises to support other students, communities, and develop skills. These enterprises include Project B-Bicycles for education, Project G-Empowering Girls, Project R-Plastic Education Program, and Project T-Trees for Life.
For the year ended December 31, 2024, Cambodia Rural Students Foundation USA's program expenses were:
| Program services | $100,404 |
| Total Program Expenses | $100,404 |
Chair of the Board
Keo Chea
Chair's Profession / Business Affiliation
Director of Public Engagement, United States Securities and Exchange Commission
Board Size
4
Paid Staff Size
0
Note: The charity reports that is run by volunteers.
Method(s) Used:
Telephone appeals, Invitations to fund raising events, Grant proposals, Internet
Since BBB Wise Giving Alliance disagrees with CRSF's allocation of fundraising expenses, we are unable to verify the ratio of fundraising expenses to related contributions. See the Conclusion section of this report for more information.
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Cambodia Rural Students Foundation USA's IRS Form 990-EZ for the year ended December 31, 2024.
Source of Funds
| Contributions | $160,360 |
| Total Income | $160,360 |
Programs: 100% Fundraising: 0% Administrative: 0%
| Total Income | $160,360 |
| Total expenses: | $100,713 |
| Program expenses | $100,404 |
| Fundraising expenses | $0 |
| Administrative expenses | $0 |
| Other expenses | $309 |
| Income in Excess of Expenses | $59,647 |
| Beginning Net Assets | $12,143 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $71,790 |
| Total Liabilities | $0 |
| Total Assets | $71,790 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
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