Overview
What is Onondaga Community College Foundation Inc?
Onondaga Community College Foundation Inc is a charitable organization located in Syracuse, New York, dedicated to supporting students attending Onondaga Community College. Their primary mission involves raising, managing, and investing funds to benefit the college and its students. The foundation's largest program service is providing scholarships to students, with approximately 696 awards distributed in varying amounts based on need, merit, or field of study for the 2021-22 fiscal year. Academic support is the second-largest program, catering to students with diverse funding needs, such as tuition assistance, workforce program awards, and academic presentations. The third-largest program, Student Support Other, supports various initiatives, including the Community Care Hub, career services, and important projects aligned with the college's mission. In essence, Onondaga Community College Foundation Inc is committed to investing in students' success and partnering with them to transform their lives and communities.
Official website here: www.sunyocc.edu/occ-foundation-inc
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Onondaga Community College Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. The foundation's overall score is derived entirely from its accountability and finance beacon, with a perfect score in several areas such as independent board members, financial oversight, and a lack of material diversion of assets. This high rating indicates a strong commitment to transparency and responsible financial management.
The organization boasts an independent board comprising 29 members, ensuring diverse perspectives in governance. Its financial strategies are robust, with a program expense ratio of approximately 70%, demonstrating a significant commitment to its mission over administrative costs. The foundation also exhibits excellent fundraising efficiency, with only $0.03 spent to raise each dollar, signaling effective resource utilization.
While the data highlights numerous strengths, no significant limitations or concerns are noted. Overall, the Onondaga Community College Foundation Inc stands out as a well-managed and impactful nonprofit, making it a trustworthy option for donors seeking to support educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Onondaga Community College Foundation Inc?
74% of 614 reviewers on Facebook recommend the Onondaga Community College Foundation Inc. Here is a summary of their reviews:
While many individuals appreciate the foundation's efforts to support education and community opportunities, there is a notable concern regarding how well the organization acknowledges military experience in its admissions process. A reviewer mentioned disappointment with the lack of credit given for military experience, which reflects a desire for better support for veteran students.
Overall, the sentiment is mixed, with support for the mission tempered by calls for improvement in how veterans are treated within the foundation's programs. This highlights an area where the foundation might focus on enhancing its outreach and inclusivity for military individuals seeking education.
This AI summary has been generated from reviews found on Facebook.
Is Onondaga Community College Foundation Inc legitimate?
Onondaga Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Onondaga Community College 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:
Executive Compensation: $0
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For more financial information, click here
Official website here: www.sunyocc.edu/occ-foundation-inc
What is the mission statement of Onondaga Community College Foundation Inc?
The Onondaga Community College Foundation Inc's mission is primarily focused on raising, administering, and investing funds for the benefit of the Onondaga Community College and its students. One of their significant programs is the scholarship award scheme, where they distribute funds based on student need, merit, or field of study. The next largest program is academic support, which aids students with various funding needs such as tuition, workforce program awards, and academic research presentations. The third largest program is student support other, which includes initiatives like the Community Care Hub for student emergency needs, career services, and various initiatives that align with the college's mission. Essentially, the Onondaga Community College Foundation is investing in its students and partnering with them to propel their success, enabling them to transform their lives and their communities.
Official website here: www.sunyocc.edu/occ-foundation-inc
Who is the CEO of Onondaga Community College Foundation Inc?
Kathleen D'Aprix is the Director Emerita of Onondaga Community College Foundation Inc.
Official website here: www.sunyocc.edu/occ-foundation-inc
What is the revenue of Onondaga Community College Foundation Inc?
Onondaga Community College Foundation Inc's revenue in 2022 was $3,783,462.
Official website here: www.sunyocc.edu/occ-foundation-inc
Who are the executives of Onondaga Community College Foundation Inc and what are their salaries?
There 31 volunteers at Onondaga Community College Foundation Inc.
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- Compensation: $6,876
- Related: $94,327
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Official website here: www.sunyocc.edu/occ-foundation-inc
Where can I find the form 990 for Onondaga Community College Foundation Inc?
Onondaga Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sunyocc.edu/occ-foundation-inc
Learn more at the official website: www.sunyocc.edu/occ-foundation-inc
Mission Statement of Onondaga Community College Foundation Inc
Onondaga Community College Foundation Inc, a nonprofit organization, is committed to raising, administering, and investing funds for the benefit of Onondaga Community College and its students. Their primary mission is to support the college and its students financially, awarding scholarships and providing academic support based on student need, merit, and field of study. The scholarships, distributed in varying amounts, help ease the financial burden for many students, enabling them to pursue their education.
Beyond scholarships, the foundation also provides academic support. This includes funding for tuition, workforce program awards, Phi Theta Kappa Honor Society dues and regalia, and academic research presentations by students. By offering these financial aids, the foundation aims to help students overcome various funding challenges, allowing them to focus on their studies and academic growth.
In addition to financial support, Onondaga Community College Foundation Inc also offers student support through various programming. One of these initiatives is the Community Care Hub, which serves emergency needs of students. The foundation also supports career services programming for students, helping them prepare for their future careers. Overall, the Onondaga Community College Foundation Inc is invested in the success of its students, partnering with each one to help them change their lives and contribute positively to their communities.
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Impact
October, 2024
Onondaga Community College Foundation Inc. plays a vital role in enhancing educational opportunities for students at Onondaga Community College. By raising, administering, and investing funds, the Foundation significantly supports student success through various programs. Notably, scholarships are the largest initiative, with approximately 696 awards given out during the 2021-22 fiscal year. These scholarships address diverse student needs, merit, and academic fields, ensuring that students have the financial support necessary to pursue their education.
In addition to scholarships, the Foundation provides crucial academic support that covers a range of funding needs, including tuition assistance, honors society dues, and funding for student presentations at academic conferences. This holistic approach to support fosters a conducive environment for academic achievement and personal growth.
The Foundation's programs also focus on broader community services, such as the Community Care Hub, which addresses urgent student needs and offers career development resources. By investing in students and partnering with them on their educational journey, the Onondaga Community College Foundation empowers individuals to transform their lives and positively impact their communities, reinforcing the important connection between education and social advancement.
This information is meant to be a general summary of Onondaga Community College 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: $2,097,468
- Gross Receipts: $4,146,875
Assets and Liabilities:
- Total Assets: $20,033,459
- Total Liabilities: $26,111
- Net Assets: $20,007,348
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Organization Details
Founding Year
1980
Phone
(315) 498-6060Principal Officer
Kathleen D'Aprix
Main Address
4585 WEST SENECA TURNPIKE, SYRACUSE, NY, 13215
NTEE Category
Code: B41I - Education
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