David & Dovetta Wilson Scholarship Fund
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The David & Dovetta Wilson Scholarship Fund provides renewable scholarship awards to graduating high school seniors who demonstrate academic promise, community involvement, and financial need. Scholarships are awarded annually and may be renewed for up to four years, contingent upon continued academic progress and compliance with program requirements.
- Income
- $240,259
- Spending
- $76,640
- Spent on programs
- 66%
- Reserves
- 62.5 months of spending
- Largest source of income
- donations and private grants, 99%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $6,000, executive director
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 82% of charities in its peer group (education, under $250k).
Reserves
35 of 35Spendable reserves would cover 62.5 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 68% of income.
Income trend
15 of 15Income rose 250% on the year before.
Spending floor
15 of 1566% of spending went to programs and raising each dollar of donations cost 8 cents.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 53 out of 100. Higher than 37% of charities in its peer group (education, under $250k).
Independent board
5 of 250 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (5)
- $34,600 spent. During the tax year, the Fund provided renewable undergraduate scholarships to students selected under board-approved criteria. A new cohort of nine students received annual scholarship awards, and students from prior cohorts continued to receive scholarship support during the year. Total cash scholarships distributed during the tax year amounted to $34,600. Awards support undergraduate educational expenses and may continue for eligible students for up to four years.
- $13,456 spent. The organization maintained and enhanced its technology and program support infrastructure to administer renewable undergraduate scholarships and provide ongoing student support. Activities included website and application system maintenance, secure data management, communication tools, and program coordination resources that support scholarship administration and student engagement.
- $2,259 spent. The organization conducted outreach and program coordination activities to support scholarship recipients and promote scholarship opportunities. Activities included travel related to program oversight, meetings and conferences, communication with students and partners, and coordination of in-person and virtual program activities.
- The David & Dovetta Wilson Scholarship Fund provides renewable scholarship awards to graduating high school seniors who demonstrate academic promise, community involvement, and financial need. Scholarships are awarded annually and may be renewed for up to four years, subject to continued enrollment and satisfactory academic progress. During the tax year, the Fund awarded scholarships to nine students pursuing post-secondary education. In addition to annual scholarship awards, the Fund provided supplemental and incentive-based distributions to eligible recipients, including extended awards to prior-year scholars. The scholarship program is administered pursuant to written eligibility and selection criteria and overseen by the Board of Directors to ensure alignment with the Fund's charitable mission.
- Program Service Alignment All contributions support the organization's exempt purpose of providing renewable undergraduate scholarships and related educational support. No funds were used for lobbying, political activity, or non charitable purposes.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1992.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.