Zambia's Scholarship Fund
Meets Standards
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
Zambia's Scholarship Fund meets the 20 Standards for Charity Accountability.
Stated Purpose:
Zambia's Scholarship Fund offers young adults scholarships that allow them to attend high school, college, and trade schools.
Year, State Incorporated:
1999, UT
- We provide a monthly salary for Zambian elementary school teachers to teach in poor, rural community schools.
- We provide scholarships for needy high school and 3-year teachers college students in the Northern Province.
- We provide equipment for entrepreneurial-minded (graduated) students in the Northern Province.
- We provide much needed teaching materials, books, treadle sewing machines, wood working tools, auto mechanic and welding tools to trade schools & high schools in N. P.
For the year ended December 31, 2022, Zambia's Scholarship Fund's program expenses were:
| Programs | $479,944 |
| Total Program Expenses | $479,944 |
Chair of the Board
Peggy Rogers
Board Size
9
Method(s) Used:
Television, Cause-related marketing (affinity credit cards, consumer product sales, etc.)
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 Zambia's Scholarship Fund's IRS Form 990 for the year ended December 31, 2022.
Source of Funds
| Contributions and Grants | $495,402 |
| Investment Income | $2,972 |
| Total Income | $498,374 |
Programs: 89% Fundraising: 0% Administrative: 10%
| Total Income | $498,374 |
| Total expenses: | $536,770 |
| Program expenses | $479,944 |
| Fundraising expenses | $971 |
| Administrative expenses | $55,855 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-38,396 |
| Beginning Net Assets | $1,360,693 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $1,322,297 |
| Total Liabilities | $0 |
| Total Assets | $1,322,297 |
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
Better Business Bureau Serving the Pacific Southwest