Overview
What is The Community College Of Baltimore County Foundation Inc?
The Community College of Baltimore County Foundation Inc is a 2005-established, 501(c)(3) nonprofit organization, located at 7200 Sollers Point Road, Baltimore, Maryland 21222. Their primary mission is to support the Community College of Baltimore County (CCBC) by securing external funding from various sources, including alumni, local businesses, corporations, employees, foundations, and individuals. This funding contributes to student scholarships, cultural and curriculum development, facilities and equipment needs, and various programs and activities that positively impact the college. In the current year, they awarded scholarships and grants to 699 qualified students and supported programs within CCBC. The foundation's work aims to promote, sponsor, and pursue educational, scientific, civic, and charitable activities that align with the mission of CCBC.
Official website here: www.ccbcmd.edu/support-ccbc/ccbc-foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Community College of Baltimore County Foundation Inc has earned an exceptional Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The rating reflects a perfect score in several critical areas, showcasing the foundation's effective governance, financial transparency, and responsible fiscal management. With an Accountability & Finance score of 97%, this nonprofit demonstrates its dedication to maintaining high standards in managing resources and ensuring donor funds are used efficiently.
The foundation scores particularly well in having an entirely independent board and robust financial oversight mechanisms. With 100% independent board members and a comprehensive audit and oversight committee, the foundation ensures that decisions are made with integrity and transparency. Additionally, its program expense ratio of 91.42% indicates that a significant majority of its expenditures are directed towards its mission-driven programs, enhancing its overall impact on the community.
While the organization shows strong fiscal health, maintaining a liabilities to assets ratio of only 4.38% further underscores its financial stability. The foundation's fundraising efficiency is notable, with no expenses allocated towards fundraising, which suggests an effective strategy for resource allocation. Overall, the Community College of Baltimore County Foundation Inc stands out as a responsible and impactful nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The Community College Of Baltimore County Foundation Inc legitimate?
The Community College Of Baltimore County Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community College Of Baltimore County 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.
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For more financial information, click here
Official website here: www.ccbcmd.edu/support-ccbc/ccbc-foundation
What is the mission statement of The Community College Of Baltimore County Foundation Inc?
The Community College of Baltimore County Foundation Inc's primary mission is to provide external funding support for the Community College of Baltimore County. The purpose of this foundation is to promote, sponsor, and pursue educational, scientific, civic, and charitable activities that align with the college's mission. By doing so, the foundation aims to enhance the college's capabilities and offerings, contributing to the betterment of its students and the community at large. The CCBC Foundation, established in 2005 as a 501(c)(3) nonprofit organization, seeks contributions from various sources, including alumni, local businesses, corporations, employees, foundations, and individuals. These contributions are utilized for student scholarships, cultural and curriculum development, facility and equipment needs, and other programs and activities that benefit the college.
Official website here: www.ccbcmd.edu/support-ccbc/ccbc-foundation
Who is the CEO of The Community College Of Baltimore County Foundation Inc?
Kenneth Westary is the Chair of The Community College Of Baltimore County Foundation Inc.
Official website here: www.ccbcmd.edu/support-ccbc/ccbc-foundation
What is the revenue of The Community College Of Baltimore County Foundation Inc?
The Community College Of Baltimore County Foundation Inc's revenue in 2022 was $4,401,228.
Official website here: www.ccbcmd.edu/support-ccbc/ccbc-foundation
Who are the executives of The Community College Of Baltimore County Foundation Inc and what are their salaries?
There 27 volunteers at The Community College Of Baltimore County Foundation Inc.
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- Related: $271,953
- Other: $55,393
Official website here: www.ccbcmd.edu/support-ccbc/ccbc-foundation
Where can I find the form 990 for The Community College Of Baltimore County Foundation Inc?
The Community College Of Baltimore County Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ccbcmd.edu/support-ccbc/ccbc-foundation
Learn more at the official website: www.ccbcmd.edu/support-ccbc/ccbc-foundation
Mission Statement of The Community College Of Baltimore County Foundation Inc
The Community College of Baltimore County Foundation Inc, established in 2005, is a 501(c)(3) nonprofit corporation with a mission to provide external funding support for the Community College of Baltimore County (CCBC). The foundation's primary objective is to promote, sponsor, and pursue educational, scientific, civic, and charitable activities that align with CCBC's central mission.
Under the guidance of its Board of Directors, the CCBC Foundation seeks contributions from various sources, including alumni, local businesses, corporations, foundations, and individuals. These contributions are utilized to support a range of initiatives that benefit the college. These include student scholarships, cultural and curriculum development, facilities and equipment needs, and various programs and activities that enhance the overall college experience.
In essence, the Community College of Baltimore County Foundation Inc serves as a bridge between the college and external sources of funding. Its mission is to ensure that CCBC has the necessary resources to provide quality education, foster research, and contribute to the community's civic and charitable endeavors. The foundation's work is instrumental in supporting CCBC's mission and enabling it to continue providing an accessible and affordable education to its students.
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Impact
October, 2024
The Community College of Baltimore County Foundation Inc significantly enhances the educational landscape by providing vital funding support for the Community College of Baltimore County (CCBC). Its efforts focus on securing contributions from diverse sources, including alumni, local businesses, corporations, and individuals, to bolster the college’s mission.
The foundation plays a crucial role in supporting student scholarships, which directly impacts access to education for many aspiring learners. In the current year alone, it awarded a total of 699 scholarships, helping students overcome financial barriers and pursue their academic goals. Beyond scholarships, the foundation is committed to cultural and curriculum development, addressing facilities and equipment needs, and funding additional programs that enrich the college experience.
By promoting educational, scientific, civic, and charitable activities, the Community College of Baltimore County Foundation Inc not only enhances the quality of education at CCBC but also fosters a greater sense of community and investment in the region's future. Its contributions help create a robust support system that benefits students, faculty, and the broader community, ensuring that the college remains a vital resource for personal and professional development in Maryland.
This information is meant to be a general summary of The Community College Of Baltimore County 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: $1,483,528
- Gross Receipts: $5,215,755
Assets and Liabilities:
- Total Assets: $21,292,601
- Total Liabilities: $73,110
- Net Assets: $21,219,491
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Organization Details
Founding Year
2005
Phone
(443) 840-3335Principal Officer
Kenneth Westary
Main Address
7200 SOLLERS POINT ROAD, BALTIMORE, MD, 212224649
NTEE Category
Code: B11 - Education
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