PLATINUM2024

DOLPHIN SCHOLARSHIP FOUNDATION

Turning Dreams into Reality, One Scholarship at a Time

Virginia Beach, VA   |  www.dolphinscholarship.org

Mission

The Dolphin Scholarship Foundation (DSF) believes that enhancement of both human potential and quality of life is achievable through education. Many sons, daughters, and spouses of U.S. Navy submariners face financial obstacles while pursuing undergraduate and vocational education. DSF is committed to minimizing those obstacles by assisting them in reaching their fullest potential.

Ruling year info

1992

Executive Director

Mr. Andrew Clark, MBA, CFRE, CAP

Main address

4966 Euclid Road Suite 109

Virginia Beach, VA 23462 USA

Show more contact info

EIN

54-6038828

NTEE code info

Military/Veterans' Organizations (W30)

Fund Raising and/or Fund Distribution (O12)

Nonprofit Management (S50)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The Dolphin Scholarship Foundation's mission is focused on reducing the ever increasing amount of college debt incurred by the children and spouses of the submarine community as they pursue their undergraduate education or vocational/trade certification.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Dolphin Scholarship Program

The Dolphin Scholarship Program (DSP) provides financial assistance for undergraduate study and vocational/technical certification to the children and spouses of current and former members of the U.S. Navy Submarine Force, and to the children and spouses of those who have served in direct support of the U.S. Navy Submarine Force. The DSP currently awards up to 114 scholarships in the annual amount of $2,100 (Accredited 2 Year Colleges and Trade Schools) to $3,500 (Accredited 4-Year Colleges and Universities) and is renewable for up to 4 years of postsecondary education. The Dolphin Scholarship Foundation also administers the USS Nautilus Scholarship (2), Laura W. Bush Scholarship (5), USS Hampton (SSN 767) Scholarship (2), USS Washington (SSN 787) Scholarship (2), USS Colorado (SSN 788) Scholarship (2), USS Indiana (SSN 789) Diane Donald Scholarship (2), and the USS Delaware (SSN 791) Scholarship (2). The DSP Selection Committee awards between 30 to 35 new scholars per year.

Population(s) Served
Young adults
Older adults
Adolescents

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total dollar amount of grants awarded

This metric is no longer tracked.
Totals By Year
Population(s) Served

Young adults, Older adults

Related Program

Dolphin Scholarship Program

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

This metric describes the amount of annual funds disbursed as scholarship grants in support of our primary mission. In FY 2023 89% of donated funds were used to support DSF program services.

Number of youth who plan to attend post-secondary education

This metric is no longer tracked.
Totals By Year
Population(s) Served

Young adults, Older adults, Adolescents

Related Program

Dolphin Scholarship Program

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Number of students showing interest in topics related to STEM

This metric is no longer tracked.
Totals By Year
Population(s) Served

Young adults, Older adults, Adolescents

Related Program

Dolphin Scholarship Program

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

According to the Bureau of Labor & Statistics, there is strong industry growth in STEM related occupations and employment opportunity is high. 68.3% of our current scholars are pursuing STEM Majors.

Total dollar amount of scholarship awarded

This metric is no longer tracked.
Totals By Year
Related Program

Dolphin Scholarship Program

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

DSF awards renewable scholarships in the amount of $2,600 for scholars attending 2-year universities and trade schools, and $4,000 for scholars attending 4-year universities.

Number of students who receive scholarship funds and/or tuition assistance

This metric is no longer tracked.
Totals By Year
Related Program

Dolphin Scholarship Program

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The top priority goals of the Dolphin Scholarship Foundation are:

1. Increase fundraising revenue by 20% by 2023.

2. Increase DSF awareness and donor outreach.

3. Increase the number of renewable scholarships awarded from 117 to 140 by the year 2024.

4. Increase the maximum scholarship award amount from $3,400 to $5,000 by the year 2024.

5. Provide scholarships to the spouses of current and former members of the U.S. Submarine Force.

6. Increase corporate sponsorship by adding three new sponsors by 2023.

7. Increase participation in the DSF Planned Giving Program by 20%.

8. Fully endow 3 additional scholarships at $87,500K each by the year 2023.

The Dolphin Scholarship Foundation employs numerous fundraising strategies to sustain our scholarship program. Our primary strategies include:

Major Donor Fundraising - In the fall of 2016 the foundation transitioned to "Bloomerang", a state of the art donor management software program. This new program greatly enhances our ability to analyze detailed information for each individual donor allowing us to segment our donor base and focus on the interests of each group. This software will also allow us to greatly enhance donor relationships with the foundation. In addition we will also plan a campaign to recruit new donors.

Corporate Fundraising - We continually search for additional corporations that are aligned with our mission to engage them in hopes of increasing our corporate funding.

Direct Mail Campaigns - We currently launch two direct mail campaigns per fiscal year. For example, our "2020 End of Year" direct mail campaign was very successful with a 15% ROI.

Planned Giving - We are in the process of intensifying our focus on our current planned giving program. Our new donor management program will provide us with the demographical information needed to pinpoint those individuals in our donor base who would be likely candidates for the program.

Special Events - Dolphin Scholarship Foundation currently hosts two golf tournament fundraisers per year in Stonington, CT and Virginia Beach, VA. The tournaments have been very successful and we are currently exploring the possibility hosting tournaments in other locations in the United States.

Product Sales - Dolphin Scholarship Foundation markets and sells the ladies Pride Runs Deep submarine community pin and the men's lapel pin designed by Ann Hand, LLC. The foundation has also produced and sold he annual cartoon calendar for the last 55 years. In addition note cards, car magnets and cartoon books are also sold for fundraising purposes and all proceeds are used to support our scholarship program.

E-Fundraising - The Dolphin Scholarship Foundation was completely overhauled in 2015 to optimize our online fundraising capabilities. We have also increased our social media presence on Facebook and Twitter.

The Dolphin Scholarship Foundation possesses the following capabilities that will allow the organization to reach its targeted goals:

Engaged Board of Directors - The Dolphin Scholarship Foundation Board of Directors are fully engaged with the foundations fundraising operations. They are very receptive to new ideas and always willing to assist with the fundraising effort.

Broad Donor Support Base - The Dolphin Scholarship Foundation receives support from many outside sources such as Submarine Officer and Chief Petty Officer spouse support groups, Combined Federal Campaign (CFC), corporate and individual donors including former scholars and scholar parents.

Endowed Scholarships - Approximately thirty seven percent of the scholarships that DSF funds are fully endowed as perpetuities which allows the foundation to fund these scholarships by interest earned on the principal endowment. The foundation actively pursues individual and corporate donors who may be interested partnering with the foundation to create an endowed scholarship.

The progress made on the established goals has been continuous and has shown a positive trend. The management at the foundation is focused on adhering to the plan of action in order to meet our established goals by the timeframe specified in the goals section.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We share the feedback we received with the people we serve, We tell the people who gave us feedback how we acted on their feedback, We ask the people who gave us feedback how well they think we responded

  • What challenges does the organization face when collecting feedback?

    We don't have any major challenges to collecting feedback

Financials

DOLPHIN SCHOLARSHIP FOUNDATION
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Operations

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

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lock

Connect with nonprofit leaders

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Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

DOLPHIN SCHOLARSHIP FOUNDATION

Board of directors
as of 03/04/2024
SOURCE: Self-reported by organization
Board chair

Mrs. Renea Gaucher

Dolphin Scholarship Foundation

Term: 2023 - 2026

RADM Charles J. Beers, Jr., USN (Ret.)

Dolphin Scholarship Foundation

VADM Scott R. Van Buskirk, USN (Ret.)

Oceaneering

CAPT Merrill H. Dorman, USN (Ret.)

Dolphin Scholarship Foundation

VADM Albert H. Konetzni, Jr., USN (Ret.)

Dolphin Scholarship Foundation

RADM Steven W. Maas, USN (Ret.)

Dolphin Scholarship Foundation

Maryellen Baldwin

Navy League

CAPT James Hay, USN (Ret.)

Dolphin Scholarship Foundation

CAPT Timothy W. Oliver, USN (Ret.)

Navy Submarine League

Michele Lamphear

Dolphin Scholarship Foundation

David Bolcar

Newport News Shipbuilding

VADM Bruce Grooms, USN (Ret.)

Dolphin Scholarship Foundation

RADM Barry L. Bruner, USN (Ret.)

Dolphin Scholarship Foundation

CAPT Keith B. Fargo, SC, USN (Ret.)

Dolphin Scholarship Foundation

RADM Charlie Young, USN (Ret.)

Dolphin Scholarship Foundation

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and 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? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and 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? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 3/4/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 03/04/2024

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
Policies and processes
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.