User:BuffaloBob/sandbox
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| Abbreviation | SCORE |
|---|---|
| Formation | 1964 |
| Purpose | Business education Business mentoring |
| Headquarters | Herndon, Virginia |
Region served | United States |
Budget | $17,890,000 in 2021 |
Volunteers | 10,000 |
| Website | Official website |
Service Corps of Retired Executives Association (SCORE) is a non-profit organization of volunteer counselors who provide mentoring, education programs, workshops, and webinars to small businesses. SCORE is a resource partner of the U.S. Small Business Administration (SBA) who administers a Congressional grant which provides SCORE with funding. SCORE is headquartered in Herndon, Virginia, with over 233 chapters which are located in offices located throughout the United States. It is the nation’s largest network of volunteer, expert business mentors[1]
History
SCORE was chartered by an Act of the U.S. Congress in 1964 to provide technical and managerial guidance to the business community, profit and not-for-profit organizations, and prospective entrepreneurs through the use of volunteer counselors [2]. By 1968 over 1,000 small businesses per month were receiving free business advice from SCORE[3].
Operations
SCORE is governed by a 19 member board of directors[4]. It has a team of approximately 50 salaried employees at its headquarters in Herndon, Virginia who support the organization of over 10,000 volunteers in 250 office locations throughout the U.S.
SCORE is primarily supported by a government grant, workshop fees and contributions. SCORE receives a majority of its financial support from the U.S. Small Business Administration (SBA).
SCORE is exempt from federal and state income taxes on income under the provisions of Section 501(c)(3) of the Internal Revenue Code.
SCORE's website offers a comprehensive small business library with “how-to” guides, downloadable templates, checklists, articles, videos, infographics, and blogs. The website also hosts online workshops, and recorded webinars and interactive courses on demand[5].
SCORE volunteer mentors give free business advice to business owners using different communication methods, including phone, video, email and in-person meetings[6].
References
- ^ "SCORE Business Mentoring". sba.gov. U.S. Small Business Administration. Retrieved 11 April 2024.
- ^ "Tops in Business". The Washington Daily News. 1 October 1964.
- ^ Ludcke, G.L. (20 May 1968). "Retired Experts Are Ready To Assist New Business". The Buffalo News. No. Sec I-9.
- ^ "SCORE - Mentors to America's Small Businesses - Announces New Board Members". PR Newwire. 10 Oct 2023. Retrieved 12 April 2024.
- ^ Osman, Maddy (28 September 2023). "SCORE Mentoring: A Free Resource for Entrepreneurs Seeking Growth". Newsweek. Retrieved 12 April 2024.
- ^ Salemi, Vicki. "Volunteering — even from home — helps others and can boost your career". New York. No. 19 Nov 2023. Retrieved 12 April 2024.
External links
Category:Organizations established in 1964
Category:Business organizations based in the United States
Category:501(c)(3) nonprofit organizations
Category:Business education