Army Scholarship Foundation Inc.

Thanking our soldiers by educating their families

Dallas, TX   |  www.armyscholarshipfoundation.org

Mission

The mission of the Army Scholarship Foundation is to provide academic scholarships to Army family members

Notes from the nonprofit

The Army Scholarship Foundation is the only organization known to provide academic scholarships to our target group of Army family members. As an all volunteer run organization with no paid staff, we strive to keep expenses at a minimum in order to maximize funds available for awards.

Ruling year info

2002

Principal Officer

Jeff Gault

Main address

11700 Preston Road Suite 660-301

Dallas, TX 75230 USA

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Formerly known as

Paladin Foundation

EIN

74-2996331

NTEE code info

Scholarships, Student Financial Aid, Awards (B82)

Private Grantmaking Foundations (T20)

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

Our greatest challenge is lack of sufficient funds to provide an academic scholarship to every qualified and deserving military family member applicant. This past year we received over 500 applications from needy military family members seeking their dreams of a higher educations. Unfortunately, we were only able to provide scholarship assistance to just over 200 of these applicants, roughly 40%. Our need is to provide scholarships to 100% of all applicants. In addition, the Covid pandemic has forced us to cancel our fundraising events, resulting in significant loss of income, and a corresponding forced reduction in the numbers of scholarships we have been able to award.

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?

Scholarships for Army family members

The Army Scholarship Foundation provides academic scholarships for US Army family members worldwide

Population(s) Served

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.

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

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

Scholarships for Army family members

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

This is a vital indicator of our success in helping to educate our military family members. More scholarships means we are helping more members of military families.

Number of scholarship applications received

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

Scholarships for Army family members

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

This is a critical indicator of need on the part of military families for financial assistance in pursuing a college level education.

Number of volunteers supporting the Foundation

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

Scholarships for Army family members

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

The greater number of volunteers helps us in spreading the word about our scholarships, about military family students'' financial need, raise more funds, and conducting operations.

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 goal of the Army Scholarship Foundation is to provide academic scholarships to every eligible Army family member applicant. To do this we must keep expenses to a minimum and increase fundraising to provide more assets for scholarships

Our strategies include:
Increase awareness of the Army Scholarship Foundation
Award more scholarships each year
Increase the dollar value of our average scholarship
Sustain Combined Federal Campaign eligibility for Federal employee donations
Solicit added corporate financial support
Increase our number of volunteers
Maintain our all-volunteer workforce with no paid employees

We have a volunteer core of over 60 volunteers nationwide. We have achieved CFC eligibility, and hope to receive added funds and awareness due to this. We also have a more robust web site, publicity and medial relations network and outreach program, and have begun conducting a yearly fund raising benefit event. Unfortunately, the current pandemic has forced us to cancel in person fund raising events.

We increased our income by 20% this past year.
We increased scholarship applications by 10% from approximately 450 applications to over 500
We secured 3 additional endowed scholarships, fully funded
We sustained our CFC eligibility

Financials

Army Scholarship Foundation Inc.
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Operations

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

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Connect with nonprofit leaders

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

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Army Scholarship Foundation Inc.

Board of directors
as of 9/8/2020
SOURCE: Self-reported by organization
Board chair

Jeff Gault

Jeff Gault

KC Brown

Mike Gonzales

Chris Lepp

Rick Knight

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 ? Not applicable
  • 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 09/08/2020

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male
Disability status
Person with a disability

Race & ethnicity

Gender identity

 

Sexual orientation

No data

Disability

Equity strategies

Last updated: 09/08/2020

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 disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • 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.