Passes our checks

Fortune Fund Program

EIN 27-3366771 · Chesterfield, MO

Public records show a registered, tax-exempt organization in good standing.

What it says it does

TO UPLIFT THE LESS FORTUNATE BY PROVIDING EDUCATIONAL RESOURCES VIA VOLUNTARY DONATIONS MATCHED BY S2TECH

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Good: 72 out of 100. Higher than 62% of charities in its peer group (international, under $250k).

Independent board
18 of 25
3 of 3 voting board members are independent.
Conflict of interest policy
15 of 15
Has a written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
0 of 7
Reports no written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)

$47,024 spent. FORTUNE FUND LTD IS MAKING A SIGNIFICANT AND LASTING IMPACT ON THE STUDENTS OF BEVIER HIGH SCHOOL THROUGH ITS SCHOLARSHIP AND SUPPORT INITIATIVES. IN 2024, THE FOUNDATION AWARDED EIGHT STUDENTS A $5,000 SCHOLARSHIP EACH, BASED ON FINANCIAL NEED, TO PURSUE HIGHER EDUCATION AFTER GRADUATION. IN ADDITION, ONE STUDENT RECEIVED A $1,000 MERIT-BASED SCHOLARSHIP IN RECOGNITION OF OUTSTANDING ACADEMIC ACHIEVEMENT. THESE SCHOLARSHIPS HAVE CONTRIBUTED TO A MEASURABLE SHIFT IN COLLEGE ENROLLMENT. IN 2021, ONLY 10% OF BEVIER HIGH SCHOOL GRADUATES PURSUED HIGHER EDUCATION. THIS YEAR, THAT NUMBER INCREASED TO 40%, DEMONSTRATING THE POSITIVE INFLUENCE OF BOTH NEED-BASED AND MERIT-BASED FINANCIAL SUPPORT. LOOKING AHEAD, FORTUNE FUND LTD IS PREPARING TO LAUNCH MENTORING PROGRAMS TO GUIDE SCHOLARSHIP RECIPIENTS THROUGH THEIR TRANSITION TO COLLEGE, HELPING THEM ADJUST TO NEW ENVIRONMENTS AND EXCEL ACADEMICALLY. IN ADDITION TO SUPPORTING STUDENTS, FORTUNE FUND ALSO EXTENDED ITS IMPACT TO THE TEACHING COMMUNITY. BEVIER SCHOOL TEACHERS PARTICIPATED IN A STRESS REDUCTION INTRODUCTORY PROGRAM, EQUIPPING THEM WITH TOOLS TO BETTER COPE WITH DAY-TO-DAY CHALLENGES AND IMPROVE OVERALL WELL-BEING. TOGETHER, THESE EFFORTS REFLECT FORTUNE FUND'S COMMITMENT TO EMPOWERINGSTUDENTS AND TEACHERS ALIKE, FOSTERING BOTH ACADEMIC EXCELLENCE AND PERSONAL GROWTH.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

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 December 2024.
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 2011.
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.