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ChairScholars Financial Information
The ChairScholars Foundation, Inc. prides itself on our prudent use of funds. Our most recent audit, dated July 27, 2007, proves that 98% of every dollar received is used for scholarships and student support programs. Only 2 % of our organizations expenses are administrative in nature.
The ChairScholars Foundation, Inc. is primarily a volunteer organization with only one paid employee. In addition, during fiscal year 2006, all 13 Trustees donated to the Foundation.