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The consumer rights organization Americans for Educational Testing Reform (AETR) has criticized the College Board for violating its non-profit status through excessive profits and exorbitant executive compensation; nineteen of its executives make more than $300,000 per year, with CEO Gaston Caperton earning $1.3 million in 2009 (including ...
The corporation's name might consist of its governing board members' title (for example, The Trustees of Princeton University is a New Jersey nonprofit corporation). These board members (trustees, regents, etc.) are fiduciaries for the corporation. In some cases, the institution might not have separate legal personhood; the trustees transact in ...
AGB was founded in 1921. [4] It grew out of a conference held at the University of Michigan in 1920. [5] Until the early 1960s the Association of Governing Boards of Universities and Colleges was an affiliation of board members who took turns sharing the leadership and guidance needed to sustain an organization. [6]
The College Board says that the academic merit of the courses rests on the approval of committees of six educators. That’s what its website says. I should check if it still says that, but that ...
ETS is a U.S.-registered 501(c)(3) non-profit organization created in 1947 by three other nonprofit educational institutions: the American Council on Education (ACE), The Carnegie Foundation for the Advancement of Teaching, and The College Entrance Examination Board. [3]
Let's Get Ready is a non-profit organization that provides low-income high school students with free SAT preparation, admissions counseling and other support services needed to gain admission to and graduate from college. Programs are based at colleges, staffed by college student volunteers.
A not-for-profit or non-for-profit organization (NFPO) is a legal entity that does not distribute surplus funds to its members and is formed to fulfill specific objectives. [ 1 ] [ 2 ] While not-for-profit organizations and non-profit organizations (NPO) are distinct legal entities, the terms are sometimes used interchangeably. [ 3 ]
The College Board has received criticism for its high exam fees, the sale of student data in 2019, [6] the recycling of past SAT Exams, [7] reporting errors, [citation needed] and alleged monopolistic business practices. The company has also been accused of violating their non-profit status because of its high executive compensation. [8] [9]