Overview
What is Nccc Foundation Inc?
Nccc Foundation Inc, established in 1987, is a nonprofit organization situated in Sanborn, New York. Its primary mission is to support the Niagara County Community College by providing scholarships to students based on specific criteria and established restrictions from donors. With approximately 65 different scholarships available, the foundation aims to foster academic, cultural, and social growth among the students, faculty, and community served by the college. The foundation solicits, accepts, manages, invests, and distributes contributions and earnings, demonstrating a dedication to enhancing educational experiences.
Official website here: www.niagaracc.suny.edu/foundation
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
NCCC Foundation Inc has earned a notable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization scored 96%, indicating that it effectively manages its financial resources and adheres to high standards of transparency. The score is based entirely on the Accountability & Finance beacon, showcasing its dedication to responsible governance and financial practices.
Strengths of the NCCC Foundation include a fully independent board comprised of 22 members, demonstrating a robust structure that prioritizes impartial oversight. Additionally, the organization shows no material diversion of assets and maintains a strong financial health ratio of liabilities to assets at just 0.12%. It also has comprehensive policies in place, including those for conflict of interest, whistleblower protections, and document retention, which further bolster its governance framework.
While the financial metrics are strong, there are no specific mentions of programmatic impact or community feedback available in the data. This absence hints at a limitation in understanding the broader effectiveness of the foundation's programs beyond financial accountability. Nonetheless, NCCC Foundation's financial practices and governance are exemplary, making it a commendable choice for donors seeking transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Nccc Foundation Inc legitimate?
Nccc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nccc 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:
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Other Salaries and Wages: $183,544
For more financial information, click here
Official website here: www.niagaracc.suny.edu/foundation
What is the mission statement of Nccc Foundation Inc?
The NCCC Foundation, established in 1987, operates as a non-profit organization with a mission to solicit, manage, invest, and distribute contributions and earnings. Its primary focus is on promoting excellence in education by enhancing academic, cultural, and social experiences for students, faculty, and the community served by Niagara County Community College. The foundation is dedicated to this pursuit, aiming to elevate the educational standards and enrich the overall experience of the college community.
Official website here: www.niagaracc.suny.edu/foundation
Who is the CEO of Nccc Foundation Inc?
Barbara Desimone is the Board Member of Nccc Foundation Inc.
Official website here: www.niagaracc.suny.edu/foundation
What is the revenue of Nccc Foundation Inc?
Nccc Foundation Inc's revenue in 2022 was $1,542,072.
Official website here: www.niagaracc.suny.edu/foundation
Who are the executives of Nccc Foundation Inc and what are their salaries?
Here are 29 key members and their salaries:
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Official website here: www.niagaracc.suny.edu/foundation
Where can I find the form 990 for Nccc Foundation Inc?
Nccc Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.niagaracc.suny.edu/foundation
Learn more at the official website: www.niagaracc.suny.edu/foundation
Mission Statement of Nccc Foundation Inc
The NCCC Foundation, established in 1987, is a non-profit organization that has been devoted to the pursuit of excellence in education. With a strong commitment to advancing academic, cultural, and social experiences, this foundation serves the students, faculty, and community connected to Niagara County Community College. The primary mission of the NCCC Foundation involves soliciting, accepting, managing, investing, and distributing contributions and earnings. By doing so, it aims to enhance the quality of education and opportunities available for the individuals associated with Niagara County Community College. The foundation is dedicated to fostering an environment that encourages growth, learning, and community engagement, thereby contributing to the overall development of its beneficiaries.
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Impact
October, 2024
Nccc Foundation Inc has made a significant impact on the educational landscape in Niagara County through its commitment to academic excellence and community support. Established in 1987, the foundation has focused on enhancing the educational experiences of students, faculty, and the broader community served by Niagara County Community College.
By managing and distributing contributions and earnings, the foundation supports a wide array of scholarships—approximately 65 different ones—tailored to various donor specifications and criteria. These scholarships provide crucial financial assistance to students, empowering them to pursue higher education and achieve their academic goals without the burden of overwhelming debt.
Furthermore, the foundation actively promotes cultural and social experiences, enriching the educational environment and fostering a sense of community among students and faculty. Through its initiatives, Nccc Foundation Inc contributes not only to individual success stories but also to the overall advancement of education and culture in the region, making a lasting difference in the lives of many.
This information is meant to be a general summary of Nccc 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: $731,041
- Gross Receipts: $3,943,087
Assets and Liabilities:
- Total Assets: $13,920,183
- Total Liabilities: $34,438
- Net Assets: $13,885,745
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Organization Details
Founding Year
1987
Phone
(716) 614-5904Principal Officer
Barbara Desimone
Main Address
3111 SAUNDERS SETTLEMENT ROAD, SANBORN, NY, 14132
NTEE Category
Code: B82 - Education
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