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St. Andrews Society of the State of New York

St. Andrews Society of the State of New York

New York, NY
Tax ID13-5602329

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About this organization

Revenue

$566,791

Expenses

$863,322

Mission

To provide relief of natives of Scotland and their descendants who may be in want or distress, to provide educational assistance to natives of Scotland and their descendants, to conduct and sponsor such other and further activities, as may be deemed appropriate.

About

In 1956, Saint Andrew's Society expanded its mission and constitution to include a merit-based scholarship program. Since its inception, the Scholarship Program has awarded nearly 200 graduate-level academic scholarships to promote exchange between American and Scottish universities.The Society awards five scholarships annually, each valued at $35,000 USD, to support graduate study for one year - two for US students to study in Scotland and two for Scottish students to study in the United States - all of whom are invited to study at a university in their respective areas of study to continue their education. The scholarships are granted for tuition, maintenance and travel. The candidates are of the highest caliber and have varying fields of interest: Law, Finance, Journalism, Education and the Arts.

Interesting data from their 2019 990 filing

The filing outlines the non-profit's goal as “For over 250 years, st. andrews society of the state of new yorks purpose is:to provide relief of natives of scotland and their descendants who may be in want or distress, to provide educational assistance to natives of scotland and their descendants, to conduct and sponsor such other and further activities, as may be deemed appropriate or desirable by the society and as from time to time permitted by federal and state law for a not-for-profit corporation, to foster or encourage good will, understanding and communication between the people of the united states and the people of scotland and to promote such social intercourse among the members of the society as may be necessary and appropriate to, and consistent with, such purposes, including fund raising to sustain them."”.

When explaining its purpose, the activities were outlined as: “To provide relief of natives of scotland and their descendants who may be in want or distress, to provide educational assistance to natives of scotland and their descendants, to conduct and sponsor such other and further activities, as may be deemed appropriate.”.

  • As per legal reporting requirements, the state of operation for the non-profit is NY.
  • The non-profit's address for 2019 is listed as 150 East 55th Street 3rd Floor, New York, NY, 10022 in the filing.
  • As per the non-profit's form, they have 2 employees as of 2019.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is -$296,531.
  • The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 19 independent voting members.
  • The organization was formed in 1826.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $216,665 in salary, compensation, and benefits to its employees.
  • The organization pays $45,870 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

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