Better Business Bureau Report for
Trent DiGiuro Foundation

Better Business Bureau Report issued September 2009
Better Business Bureau Report expires September 2011


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Trent DiGiuro Foundation
Address: 1510 Goshen Lane
  Goshen, KY 40026
Phone: 502-228-8218
Web Address: www.trentdigiurofoundation.com
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Better Business Bureau Comments

Year, State Incorporated: 1998, Kentucky
Affiliates: None
Stated Purpose: The Trent DiGiuro Foundation was established to raise funds for, and to make contributions to, various educational scholarship funds, and scholarships, in the name of Trent DiGiuro.

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Evaluation Conclusions

              

Trent DiGiuro Foundation meets the 20 Standards for Charity Accountability.
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Programs

              

The Trent DiGiuro Foundation awards the Trent DiGiuro Memorial Scholarship at the University of Kentucky and presents specialized endowments to qualified graduating seniors from Oldham County High School, South Oldham High School and North Oldham High School. The Foundation currently supports or funds the following scholarships: The Trent DiGiuro Memorial Scholarship Is awarded to a University of Kentucky walk on football player who exemplifies Trent's determination and tenacity. Requirements include two years in the program, a 2.5 GPA, and that the player not be on scholarship. In the event that a player cannot receive the award because of NCAA scholarship limitations, the scholarship is awarded to a trainer or manager within the football program. The Trent DiGiuro Student-Athlete Scholarship Is awarded to a graduating senior at each of the following high schools: Oldham County High School South Oldham High School North Oldham High School The criteria for selection are a 3.0 GPA, participation in a varsity sport or cheerleading, and activities that exemplify Trent's dedication to school and team. The scholarship winners are selected by a committee designated respectively by the football coach at the University of Kentucky, and the principals of the three high schools.

For the fiscal year ended December 31, 2008, Trent DiGiuro Foundation's program expenses were:

  
Funds added to endowment 12,000
Scholarships 3,500
Total Program Expenses: $15,500
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Governance

              

Chief Executive :
Compensation*:

Chair of the Board: Thad DiGiuro
Chair's Profession / Business Affiliation: Vice President Stratigic Marketing Ashton Woods, Atlanta GA

Board Size: 8

Paid Staff Size: 0

The Trent DiGiuro is an all volunteer organization with no compensated staff.
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Fund Raising

              

Method(s) Used:

Fund raising methods include direct mail, invitations to fund raising events, and website appeals.
Fund raising costs were 6% of related contributions. (Related contributions, which totaled $15,080, are donations received as a result of fund raising activities.)
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Tax Status

              

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.
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Financial

              

The following information is based on the organization's unaudited internally produced financial statements for the year ended December, 31 2008.

Source of Funds  
Day at the Races - Net of direct expenses 11,880
Winter fundraiser 3,200
Total Income $15,080


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Uses of Funds as a % of Total Expenses

Programs: 93%  Fund Raising: 6%  Administrative: 1% 

Total income   $15,080
  Program expenses $15,500
  Fund raising expenses 977
  Administrative expenses 112
 
Total expenses   $16,589
Expenses in Excess of Income   (1,509)
Beginning net assets   80,437
Ending net assets   78,928
Total liabilities  
Total assets   $78,928


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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 BBB 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 Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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