The Foundation is an excellent program that focuses on providing financial and social support for students at private liberal arts private institutions in the United States. I read a review that the round one part of the interview process is unfair but i must respectfully disagree as a Posse alum and a current volunteer who helps with that interviewing process. Students are not only assessed by how they interact in the first group interview. That would be very biased because what if a student is having a bad day that day or is not a very vocal person in such a large group. These things are taken into consideration and other factors which includes their application and essay is weighed in the selection process.
Posse is more than financial assistance for students but its a family away from a family and I am most grateful to Posse for granting me that opportunity. Posse students are expected to, not mandated to, be leaders on the college campus they are sent to and for most posse scholars based on their past activities this is a norm for them.
in regards to the founder's salary, my personal opinion is why shouldn't someone who works hard to provide this opportunity for students in inner cities not be adequately compensated for her hard work. If you work diligently at your job and give all of yourself, would you not want to be compensated? It is absurd to believe that someone should not be properly compensated for their time, expertise and devotion in a non-profit organization. Her salary does not take away from the possible scholarship money a student may have received so why is this an issue?
The Posse Foundation is an awesome foundation. Even though its interviewing process for students are not "traditional" it works for them. I invite anyone to visit the website and see for yourself; don't take my word for it.
The Posse Foundation does have executive compensation policy.
In 2009, the base salary of President and Founder Deborah Bial is reported as $227,206 on 990 Form.
In 2010, the same person gets $361,593.
Seems that the Board cares about a President and Founder more than about Foundation's mission.
Review from Guidestar
This foundation has great things to offer like the scholarships to top liberal art colleges but how you get the money is truly decided unfairly. Who gets the money is based off of a day sort of similar to an interview, there are about 150 students at once and there are people who watch you. You are instructed to do task and work as a group. They expect you to be a leader. Its not fair how people are choose. To win. Because after the end of the day, these people who don't know you will judge you based off then watching you along with 150 students at once which is t possible to get an accurate judgement. I say you must be some extraordinary loud person to ever win this scholarship.
Review from CharityNavigator