Overview
What is Foundation For The Seattle Colleges?
The Foundation for the Seattle Colleges is a nonprofit organization situated in Seattle, Washington, specifically at 1500 Harvard Ave. Its primary purpose is to raise funds for the Seattle Community College District. This financial support aids students in achieving success, enhances faculty and staff expertise, and maintains a wide range of educational programs. The foundation utilizes modern facilities equipped with advanced technology to deliver these programs. Moreover, it plays a collaborative role with other partners, contributing to health education, social services, job creation, and community nonprofits through the management of various funding sources. The Pacific Tower serves as a hub for these endeavors.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Foundation For The Seattle Colleges received an overall score of 81%, indicating a solid performance in accountability and finance. This score is derived from a comprehensive evaluation that highlights the organization's adherence to best practices, such as having a fully independent board and effective governance policies, which earned it full marks in several categories, including material diversion of assets and conflict of interest policy.
Strengths of the Foundation include its impressive accountability measures, with all board members being independent and a low liabilities to assets ratio of only 0.12%. The organization has demonstrated a strong commitment to transparency with documented board meeting minutes and policies related to whistleblowing and document retention. However, while the program expense ratio stands at 59.53%, it suggests that there may be room for improvement in allocating more resources directly towards program services.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For The Seattle Colleges legitimate?
Foundation For The Seattle Colleges is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For The Seattle Colleges 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
What is the mission statement of Foundation For The Seattle Colleges?
The Foundation for the Seattle Colleges is dedicated to boosting fundraising initiatives for the Seattle Community College District. Their primary goal is to draw in financial resources, which in turn, aid students in achieving success. Additionally, they strive to uphold the quality of their faculty and staff, fostering growth and expertise. Furthermore, they aim to preserve a range of educational programs, utilizing advanced technology and equipment in contemporary facilities. The Foundation's mission ultimately aims to sustain the district's educational offerings, ensuring they remain at the forefront of modern education.
Who is the CEO of Foundation For The Seattle Colleges?
Traci Russell is the Executive Director of Foundation For The Seattle Colleges.
What is the revenue of Foundation For The Seattle Colleges?
Foundation For The Seattle Colleges's revenue in 2022 was $32,828.
Who are the executives of Foundation For The Seattle Colleges and what are their salaries?
There 3 volunteers at Foundation For The Seattle Colleges.
Here are 4 key members and their salaries:
- Compensation: $13,572
- Related: $0
- Other: $3,744
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Foundation For The Seattle Colleges?
Foundation For The Seattle Colleges's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Foundation For The Seattle Colleges
The Foundation for the Seattle Colleges is dedicated to enhancing fundraising initiatives for the Seattle Community College District. Their primary goal is to attract financial resources that contribute to the success of students, maintain the proficiency of faculty and staff, and preserve a variety of educational programs. By employing cutting-edge equipment and technology in contemporary facilities, the Foundation aims to maintain the excellence of the educational programs offered by the Seattle Community College District.
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Impact
August, 2024
The Foundation for the Seattle Colleges plays a crucial role in advancing fundraising efforts for the Seattle Community College District. By attracting financial resources, the Foundation supports students in their journey towards success, maintains the quality and expertise of faculty and staff, and sustains a range of educational programs equipped with state-of-the-art technology. Specifically, Pacific Tower serves as a modern hub for health education programs and fosters collaboration among various nonprofits in areas such as healthcare, education, social services, and job creation. Through managing capital funding and partnering with various entities, the Foundation for Seattle Colleges contributes significantly to the growth and development of educational opportunities in the Seattle area.
This information is meant to be a general summary of Foundation For The Seattle Colleges. 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: $32,828
- Gross Receipts: $32,828
Assets and Liabilities:
- Total Assets: $1,202,656
- Total Liabilities: $1,473
- Net Assets: $1,201,183
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Organization Details
Founding Year
2006
Phone
(206) 934-6325Principal Officer
Traci Russell
Main Address
1500 Harvard Ave, Seattle, WA, 98122
NTEE Category
Code: B82 - Education
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