Kennedy-King Memorial Scholarship Fund is a 100% volunteer organization. That means that there is no paid staff and no need for office facilities. The volunteers who keep this organization functioning strongly believe that the most important use of any dollar raised is to assist our scholars’ academic success. The consequence of this belief is that since 2005 the total overhead costs have ranged from a low of a little over 1% to a high of about 5.1%. The average percentage for all the years is a remarkable 3.2%.
It is important that donors have the ability to have access to the details of this organization. To that end, the organization’s recent forms 990 are available for review below.
To see our IRS Form 990 for a recent year, click a year.