Overview
What is Bronx Community College Foundation Inc?
The Bronx Community College Foundation Inc is a charitable organization situated in the Bronx, New York. Established with a mission to surpass the financial support provided by tax dollars, its primary goal is to uphold the college's reputation for excellence. To achieve this, the foundation mobilizes resources to fund scholarships for students, facilitate faculty initiatives, advance educational programming, invest in technology, and maintain and improve college facilities. In essence, the Bronx Community College Foundation aims to strengthen the institution's academic endeavors and ensure its long-term success.
Official website here: www.bcc.cuny.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Bronx Community College Foundation Inc has received a Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The rating is based solely on their impressive Accountability & Finance score of 96%. This score reflects the foundation's commitment to transparency and effective management of resources, which is crucial for building trust with donors and stakeholders.
The organization demonstrates a strong governance structure, with 100% of its board members being independent, ensuring unbiased decision-making. Financial oversight is robust, as evidenced by their audit committee and various policies in place, such as conflict of interest and whistleblower protections. Additionally, the foundation allocates an impressive 97.96% of its expenses directly to program services, highlighting its dedication to fulfilling its mission.
While the data paints a positive picture of the foundation's operations, it is essential to note that the evaluation is based entirely on financial accountability metrics. Potential donors may want to consider the impact and outcomes of the foundation's programs beyond the financial indicators to gain a comprehensive understanding of its effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Bronx Community College Foundation Inc legitimate?
Bronx Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bronx Community College Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bcc.cuny.edu
What is the mission statement of Bronx Community College Foundation Inc?
The Bronx Community College Foundation Inc was established with a mission to supplement the financial resources beyond what is provided by tax dollars. Its primary goal is to ensure the college maintains a level of excellence beyond tax-funded support. This is achieved by mobilizing resources for student scholarships, educational programming, faculty initiatives, technological advancements, facility maintenance, and improvement. The foundation also aims to build an endowment fund, generating investment income to support student scholarships, faculty research, program development, community education, and cultural enrichment. In essence, the mission of Bronx Community College Foundation Inc is to provide additional support for the students and faculty members of Bronx Community College of New York.
Official website here: www.bcc.cuny.edu
Who is the CEO of Bronx Community College Foundation Inc?
Eddy Bayardelle is the President of Bronx Community College Foundation Inc.
Official website here: www.bcc.cuny.edu
What is the revenue of Bronx Community College Foundation Inc?
Bronx Community College Foundation Inc's revenue in 2022 was $825,205.
Official website here: www.bcc.cuny.edu
Who are the executives of Bronx Community College Foundation Inc and what are their salaries?
There 80 volunteers at Bronx Community College Foundation Inc.
Here are 15 key members and their salaries:
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- Other: $164,295
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Official website here: www.bcc.cuny.edu
Where can I find the form 990 for Bronx Community College Foundation Inc?
Bronx Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bcc.cuny.edu
Learn more at the official website: www.bcc.cuny.edu
Mission Statement of Bronx Community College Foundation Inc
The Bronx Community College Foundation Inc was established with a mission to provide financial resources beyond those provided by tax dollars. This mission is aimed at ensuring the continuation of Bronx Community College's record of excellence. The foundation accomplishes this by mobilizing support for various initiatives, including student scholarships, educational programming, faculty initiatives, technology advances, and facilities maintenance and improvement. By building an endowment fund, the foundation aims to provide investment income, enabling the college to maintain a level of excellence that surpasses what can be achieved with tax dollars alone. This support extends to various aspects of the college, including faculty research, program development, community education, and cultural enrichment. In essence, the Bronx Community College Foundation Inc is dedicated to enhancing the academic and societal impact of Bronx Community College of New York, providing essential resources to students and faculty members.
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Impact
August, 2024
Bronx Community College Foundation Inc's impact is significant in providing financial resources beyond what is covered by tax dollars for Bronx Community College. By mobilizing support for student scholarships, educational programming, faculty initiatives, technology advances, and facilities maintenance and improvement, the foundation ensures the continuation of the college's record of excellence. Additionally, the foundation's mission to build an endowment fund to provide investment income allows the college to maintain a high level of excellence and support areas such as student scholarships, faculty research, program development, community education, and cultural enrichment. This philanthropic support plays a crucial role in enhancing the educational experience and opportunities for students and faculty at Bronx Community College.
This information is meant to be a general summary of Bronx Community College Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $19,996
- Gross Receipts: $845,165
Assets and Liabilities:
- Total Assets: $2,228,982
- Total Liabilities: $98,074
- Net Assets: $2,130,908
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Organization Details
Founding Year
1985
Phone
(718) 289-5187Principal Officer
Eddy Bayardelle
Main Address
2155 UNIVERSITY AVENUE, BRONX, NY, 10453
Website
www.bcc.cuny.eduNTEE Category
Code: T31 - Philanthropy
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