Overview
What is Louisiana Community Technical College System Foundation?
Louisiana Community Technical College System Foundation is a charitable nonprofit organization located at 265 South Foster Drive, Baton Rouge, LA 70806. Its primary mission is to support the Louisiana Community and Technical College System through advocacy and public engagement, professional development, and student access and success. To achieve this, the Foundation solicits and accepts donations, grants, and funds to provide financial assistance to students, including scholarships and educational opportunities. This nonprofit organization is dedicated to promoting charitable, educational, scientific, and cultural studies for the benefit of the Louisiana Community and Technical College System.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87%, Three-Star out of Four Star rating.
The Louisiana Community Technical College System Foundation has received a commendable rating of 87%, reflecting strong performance in accountability and finance. The organization demonstrates a fully independent board and has implemented robust policies regarding conflict of interest, whistleblowing, and document retention, contributing to its high scoring in governance.
Financially, the foundation excels with a 100% program expense ratio and effective fundraising efficiency, indicating that all funds raised are directed towards its mission. The low liabilities to assets ratio suggests prudent financial management, enabling the foundation to maintain a healthy operational capacity.
However, while the overall scores are positive, the foundation's liabilities to assets ratio indicates some financial exposure that may warrant monitoring. Overall, the foundation shows a strong commitment to its mission and responsible governance practices, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Louisiana Community Technical College System Foundation legitimate?
Louisiana Community Technical College System Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Louisiana Community Technical College System 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: $7,000
For more financial information, click here
What is the mission statement of Louisiana Community Technical College System Foundation?
The Louisiana Community Technical College System Foundation's mission is centered around promoting charitable, educational, scientific, and cultural studies. Their primary goal is to support the Louisiana Community and Technical College System. To achieve this, they solicit and accept various forms of donations, including funds and properties, to provide financial assistance to students. This aid can come in the form of scholarships and other educational initiatives and activities, contributing to the overall growth and development of the Louisiana Community and Technical College System.
Who is the CEO of Louisiana Community Technical College System Foundation?
Tarie Roberson is the Board Chair of Louisiana Community Technical College System Foundation.
What is the revenue of Louisiana Community Technical College System Foundation?
Louisiana Community Technical College System Foundation's revenue in 2022 was $2,094,680.
Who are the executives of Louisiana Community Technical College System Foundation and what are their salaries?
Here are 15 key members and their salaries:
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Where can I find the form 990 for Louisiana Community Technical College System Foundation?
Louisiana Community Technical College System Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Louisiana Community Technical College System Foundation
The Louisiana Community Technical College System Foundation is dedicated to promoting charitable, educational, scientific, and cultural studies, primarily in support of the Louisiana Community and Technical College System. To accomplish this mission, the foundation actively solicits and accepts various forms of financial assistance, such as gifts, grants, appropriations, bequests, and funds, including property. This financial aid is then utilized to provide assistance to students, including scholarships and funding for various educational endeavors and activities that align with the objectives of the Louisiana Community and Technical College System. In essence, the Louisiana Community Technical College System Foundation serves as a philanthropic entity, aiming to enhance the educational opportunities and experiences of students within the Louisiana Community and Technical College System.
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Impact
October, 2024
The Louisiana Community Technical College System Foundation significantly enhances the educational landscape in Louisiana by promoting charitable and educational initiatives tailored to the needs of the community and technical college system. By securing and managing financial resources—including gifts, grants, and bequests—the foundation provides crucial support for students through scholarships and various educational programs.
Its impact is evident across three primary areas: advocacy and public engagement, professional development, and student access and success. Through advocacy, the foundation raises awareness about the importance of community and technical education, influencing public perception and policy to better support these institutions.
In professional development, it offers resources and training to educators and administrators, ensuring that they can effectively meet the needs of their students. Finally, by focusing on student access and success, the foundation directly contributes to promoting educational opportunities for individuals from diverse backgrounds, helping to remove barriers to higher education.
Overall, the Louisiana Community Technical College System Foundation plays a vital role in fostering educational growth and accessibility, thereby uplifting the community and enhancing economic prospects for students throughout the state.
This information is meant to be a general summary of Louisiana Community Technical College System 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: $13,591
- Gross Receipts: $2,094,680
Assets and Liabilities:
- Total Assets: $5,607,687
- Total Liabilities: $2,127,211
- Net Assets: $3,480,476
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Organization Details
Founding Year
2006
Phone
(225) 922-0721Principal Officer
Tarie Roberson
Main Address
265 SOUTH FOSTER DRIVE, BATON ROUGE, LA, 70806
NTEE Category
Code: B82 - Education
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