Overview
What is Cortland College Foundation Inc?
Cortland College Foundation Inc, located at SUNY Cortland Brockway Hall 312, Cortland, NY 13045, is a nonprofit organization that serves to collect and manage donations for SUNY Cortland College. Its primary mission is to fund various educational projects, scholarships, and awards that might otherwise lack support. By doing so, the foundation plays a crucial role in expanding the educational opportunities available to students and enhancing the overall college experience. The foundation is actively engaged in its mission, contributing to the college's growth and development.
Official website here: www2.cortland.edu/offices/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star rating
Cortland College Foundation Inc has achieved an impressive 97% rating from Charity Navigator, which reflects a strong commitment to accountability and financial transparency. The foundation's score is based entirely on an accountability and finance beacon, indicating that it meets high standards in these areas. This level of performance is significant as it assures donors that their contributions are managed responsibly.
The organization boasts a fully independent board consisting of 35 members, which contributes to its governance strength. Additionally, it has received full marks for its financial oversight mechanisms, including an audit committee and a conflict of interest policy. The foundation's effective management is further evidenced by its low liabilities to assets ratio and a high program expense ratio, showcasing a dedication to funding its mission rather than excessive administrative costs.
While the foundation demonstrates exceptional financial health with a fundraising efficiency ratio of $0.06, indicating minimal cost to raise funds, it is essential to continue monitoring these metrics to ensure sustainability. Overall, the Cortland College Foundation Inc appears to be a well-managed organization with a solid track record, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Cortland College Foundation Inc legitimate?
Cortland College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cortland 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: www2.cortland.edu/offices/foundation/
What is the mission statement of Cortland College Foundation Inc?
The Cortland College Foundation Inc's mission is centered around receiving and managing donations for SUNY Cortland College. This is done with the primary objective of funding educational projects, scholarships, and awards that might not have been supported otherwise. By undertaking this role, the foundationaims to contribute to the educational growth and development of students who may not have had such opportunities otherwise. The foundation plays a crucial role in supporting the college's educational endeavors, thereby enhancing the overall learning environment.
Official website here: www2.cortland.edu/offices/foundation/
Who is the CEO of Cortland College Foundation Inc?
Johanna Ames is the Principal Officer of Cortland College Foundation Inc.
Official website here: www2.cortland.edu/offices/foundation/
What is the revenue of Cortland College Foundation Inc?
Cortland College Foundation Inc's revenue in 2022 was $11,840,674.
Official website here: www2.cortland.edu/offices/foundation/
Who are the executives of Cortland College Foundation Inc and what are their salaries?
There 250 volunteers at Cortland College Foundation Inc.
Here are 31 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www2.cortland.edu/offices/foundation/
Where can I find the form 990 for Cortland College Foundation Inc?
Cortland College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www2.cortland.edu/offices/foundation/
Learn more at the official website: www2.cortland.edu/offices/foundation/
Mission Statement of Cortland College Foundation Inc
Cortland College Foundation Inc is dedicated to a significant mission. This organization serves as a vital intermediary, receiving and managing donations on behalf of SUNY Cortland College. Their primary objective is to fund educational projects, scholarships, and awards that might not have been possible otherwise. By doing so, they play a crucial role in expanding the educational opportunities and support available to students and faculty at SUNY Cortland College. The Foundation's work ensures that these essential resources continue to enrich the college community and advance its academic endeavors.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Cortland College Foundation Inc plays a significant role in enhancing educational opportunities at SUNY Cortland College by managing and distributing donations to support various projects and initiatives. The foundation funds scholarships, awards, and educational projects that may not receive support through traditional channels. This financial backing enables students to access resources and opportunities that contribute to their academic success and personal development. By facilitating donations, the foundation bolsters the college's mission, enriching the overall educational experience for its students.
This information is meant to be a general summary of Cortland 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: $8,618,404
- Gross Receipts: $75,895,683
Assets and Liabilities:
- Total Assets: $60,356,950
- Total Liabilities: $114,764
- Net Assets: $60,242,186
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1948
Phone
(607) 753-5744Principal Officer
Johanna Ames
Main Address
SUNY CORTLAND BROCKWAY HALL 312, CORTLAND, NY, 13045
NTEE Category
Code: B42 - Education
If you are a representative of Cortland College Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.