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Study 4 - GuideStar - Coursework Example

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The chosen organization was the Asian and Pacific Islander American Scholarship Fund, which was reportedly known as APIASF, located at Washington, DC with Neil Horikoshi as the Chief Executive (GuideStar, 2012). As disclosed from the Guide Star site, this organization is…
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Study 4 – Guide Star Study 4 – Guide Star Organizational Profile The chosen organization was the Asian and Pacific Islander American Scholarship Fund, which was reportedly known as APIASF, located at Washington, DC with Neil Horikoshi as the Chief Executive (GuideStar, 2012). As disclosed from the Guide Star site, this organization is committed to transparency, registered with the IRS, has annual revenue and expenses reported and indicated, and with an explicitly detailed mission statement. From the information revealed therein, one learned that it was founded in 2003 and its main thrust is the provision of educational funding through scholarships and financial aids to deserving students. Its mission statement was cited as: “provides scholarships to exceptional Asian and Pacific Islander Americans (APIAs) with financial need. Our vision is that all APIAs who wish to pursue higher education have that opportunity, regardless of their ethnicity, national origin or financial means” (GuideStar, 2012, p. 1).
(2) Usefulness of the Site
The site would be useful to individuals, organizations and foundations in terms of the provision of accurate information needed to learn more on the organization. As indicated, the official website of the APIASF is http://www.apiasf.org/#1 which could be easily accessed.
• 4.1 Key aspects of philanthropic fundraising and the fundraising process
The information for the fundraising process could be accessed from the organization’s ‘Support Us’ link where there are options to donate through online or by mail. Likewise, donation at work could also be done by federal and state employees, as well as those from the private sector. Concurrently, corporations and foundations were noted for possibilities to be donors through “general operating support, direct program support and in-kind contributions of products or services” (APIASF, 2009). As such, the provisions of this information make fundraising process easy with the options given and the ways by which organizations and foundations could participate.
• 4.3 Ethical standards and principles for fundraisers
The discussion of ethical standards and principles from this organization was contained in their alliance with FedEx, to wit: “Consistently ranked among the worlds most admired and trusted employers, FedEx inspires its more than 290,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities” (APIASF, 2011).
• 4.5 Aspects of nonprofit financial management including policies, financial statements, budgeting, and regulatory issues
In terms of disclosure of financial highlights, APIASF have included options in their official website to view the Annual Reports in pdf form. As of current time, the 2010 and 2009 annual reports are accessible. Total revenues of $7,826,034, while total expenses of $11,900,431 were reported, generating a net loss for the organization amounting to $4,074,397. Likewise, conformity to legislative requirements such as taxes and updated news are accessible on their official website.
Conclusion
Guide Star is an effective starting point that provides concise information on non-profit organizations, like APIASF, which would be useful to various stakeholders. For more detailed information, the official websites of non-profit organizations are likewise indicated for closer evaluation and provision of more detailed contents, as the users require.
References
APIASF. (2009). Corporations & Foundations. Retrieved May 15, 2012, from http://www.apiasf.org/corporations_foundations.html
APIASF. (2011, December 20). APIASF ANNOUNCES FIRST FOUR-YEAR SCHOLARSHIPS THROUGH ALLIANCE WITH FEDEX. Retrieved May 15, 2012, from http://apiasf.org/press_2011_12_20.html
GuideStar. (2012). ASIAN AND PACIFIC ISLANDER AMERICAN SCHOLARSHIP FUND. Retrieved May 15, 2012, from http://www.guidestar.org/organizations/57-1192973/asian-pacific-islander-american-scholarship-fund.aspx Read More
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