Overview
What is Santa Fe Community College Foundation?
The Santa Fe Community College Foundation (SFCCF) serves as a vital funding and advocacy organization, primarily supporting Santa Fe Community College and its students. During the 2022 tax year, SFCCF provided approximately 600 scholarships worth $284,087 to deserving students, covering tuition, textbooks, and basic living expenses to ensure academic success. Additionally, the organization provides financial support for awards, recognition events, and special programs at the college. SFCCF reimbursed the college $599,042 for various expenses. As a fundraising entity, SFCCF's mission is to supplement the resources available to Santa Fe Community College and its students, thereby furthering the college's overall mission.
Official website here: www.sfcc.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Santa Fe Community College Foundation has achieved an impressive 97% rating from Charity Navigator, which highlights its strong accountability and finance practices. The organization boasts a perfect score in several key areas, such as independent board membership, financial oversight, and absence of asset diversion. These metrics reflect a commitment to transparency and effective governance, with a remarkable program expense ratio of 97.31%, indicating that a significant portion of funding directly supports its programs.
User reviews on Great Nonprofits further reinforce the foundation's positive reputation, with feedback highlighting its organization and community impact. One reviewer, a student and volunteer, praised the foundation for its dedication to supporting both students and the broader community, underscoring the board's commitment to stewardship and effective management practices. The foundation is recognized for its growth and impact in New Mexico, demonstrating its value in the nonprofit sector.
While the overall data presents a strong case for the foundation's operations, it's essential to continue monitoring user feedback and financial health to ensure sustained effectiveness. Nonetheless, the foundation's high rating and positive community perception suggest that it is well-positioned to make a lasting impact in the region.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Santa Fe Community College Foundation legitimate?
Santa Fe Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Fe Community College Foundation 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: $261,138
For more financial information, click here
Official website here: www.sfcc.edu/foundation
What is the mission statement of Santa Fe Community College Foundation?
The Santa Fe Community College Foundation serves as a primary fundraising and advocacy organization, with the main objective of supporting the mission of Santa Fe Community College and augmenting resources available to the institution and its students. Their mission involves advancing the college's goals by raising funds and advocating on its behalf, thereby supplementing resources for the college and its students. During the 2022 tax year, the foundation provided scholarships totaling $284,087 to deserving students, covering tuition, textbooks, and basic living expenses to ensure student success. Additionally, the foundation offers financial support for awards, recognition events, and special programs at Santa Fe Community College, reimbursing the college $599,042 for expenses.
Official website here: www.sfcc.edu/foundation
Who is the CEO of Santa Fe Community College Foundation?
Jeffrey Szabat is the President of Santa Fe Community College Foundation.
Official website here: www.sfcc.edu/foundation
What is the revenue of Santa Fe Community College Foundation?
Santa Fe Community College Foundation's revenue in 2022 was $2,586,175.
Official website here: www.sfcc.edu/foundation
Who are the executives of Santa Fe Community College Foundation and what are their salaries?
There 15 volunteers at Santa Fe Community College Foundation.
Here are 18 key members and their salaries:
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- Related: $196,139
- Other: $38,868
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- Other: $18,626
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- Related: $111,073
- Other: $25,684
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- Related: $53,497
- Other: $24,935
Official website here: www.sfcc.edu/foundation
Where can I find the form 990 for Santa Fe Community College Foundation?
Santa Fe Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sfcc.edu/foundation
Learn more at the official website: www.sfcc.edu/foundation
Mission Statement of Santa Fe Community College Foundation
The Santa Fe Community College Foundation, as a primary fundraising and advocacy organization, is dedicated to advancing the mission of Santa Fe Community College and supplementing resources available to the college and its students. The foundation's mission is to support the college in various ways, including providing scholarships and financial aid to eligible students. During the 2022 tax year, the foundation awarded approximately 600 scholarships totaling $284,087 to help students cover tuition, textbooks, and basic living expenses to ensure their success.
Furthermore, the Santa Fe Community College Foundation also provides financial support for awards, recognition events, and special programs within the college. Additionally, the organization reimbursed Santa Fe Community College $599,042 for expenses, indicating a significant contribution to the college's operations. The Santa Fe Community College Foundation plays a crucial role in supporting the college and its students, working tirelessly to provide the necessary resources to ensure their success and further the college's mission.
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Impact
August, 2024
Santa Fe Community College Foundation's impact is significant in supporting Santa Fe Community College and its students. Through scholarships totaling $284,087, the foundation ensures that qualifying students have access to funds for tuition, textbooks, and basic life expenses, thus contributing to student success. Additionally, the foundation provides financial support for awards, recognition events, and special programs at the college. By reimbursing the college for expenses and holding resources primarily for the college's activities as designated by donors, Santa Fe Community College Foundation plays a crucial role in supplementing resources available to the college and students.
This information is meant to be a general summary of Santa Fe Community College Foundation. 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: $308,788
- Gross Receipts: $2,933,508
Assets and Liabilities:
- Total Assets: $11,771,853
- Total Liabilities: $273,032
- Net Assets: $11,498,821
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Organization Details
Founding Year
2004
Phone
(505) 428-1855Principal Officer
Jeffrey Szabat
Main Address
6401 RICHARDS AVE, SANTA FE, NM, 87508
Website
www.sfcc.edu/foundationNTEE Category
Code: B11 - Education
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