Better Business Bureau Report for
Zambia's Scholarship Fund

Better Business Bureau Report issued October 2017
Better Business Bureau Report expires October 2018


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


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Charity Contact Information

Name: Zambia's Scholarship Fund
Address: 6035 N. 4500 W.
P.O. Box 353
  Bear River City , UT 84301
Phone: 435-279-8900
Web Address: zambiascholarshipfund.org
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Better Business Bureau Comments

Year, State Incorporated: 1999, Utah
Affiliates: None
Stated Purpose: The Zambia’s Scholarship Fund provides a unique full circle program that offers educational opportunities to Zambian citizens living in the poorest province of Zambia. · We provide a monthly salary for Zambian teachers to teach in poor, rural community schools. · We provide scholarships for needy high school and college students in the Northern Province. · We provide equipment for entrepreneurial students and adults 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.

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Evaluation Conclusions

              

Zambia's Scholarship Fund (ZSF) meets the 20 Standards for Charity Accountability.
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Programs

              

· We provide a monthly salary for Zambian teachers to teach in poor, rural community schools. · We provide scholarships for needy high school and college students in the Northern Province. · We provide equipment for entrepreneurial students and adults 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 fiscal year ended December 31, 2016, ZSF's program expenses were:

  
Programs 174,079
Total Program Expenses: $174,079
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Governance

              

Chief Executive :
Compensation*: 
$

Chair of the Board: Peggy Rogers
Chair's Profession / Business Affiliation: President

Board Size: 7

Paid Staff Size: 3

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising

              

Method(s) Used:

direct mail, telephone, grant proposals, internet
Fund raising costs were % of related contributions. (Related contributions, which totaled $246,379, 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 ZSF's IRS Form 990 for the fiscal year ended December 31, 2016.

Source of Funds  
Contributions and Grants 246,379
Investment income 1,406
Total Income $247,785


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Uses of Funds as a % of Total Expenses

Programs: 98%  Fund Raising: Less than 1%  Administrative: 2% 

Total income $247,785
Program expenses $174,079
Fund raising expenses 789
Administrative expenses 3,815
Total expenses $178,683
Income in Excess of Expenses 69,102
Beginning net assets 234,519
Ending net assets 303,621
Total liabilities
Total assets $303,621


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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.

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