Overview
What is Bergen Community College Foundation?
Bergen Community College Foundation is a charitable organization situated in Paramus, New Jersey. Its primary mission is to generate funds to bolster student scholarships, enhance faculty and staff development, oversee construction projects, and support various special initiatives that uphold the exceptional educational standards set by Bergen Community College. As part of its activities, the Foundation provides awards to 625 college students, contributing to their academic journey. The organization's efforts aim to maintain and further advance the college's reputation for academic excellence.
Official website here: www.bergen.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star Rating
The Bergen Community College Foundation holds a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a high accountability score of 94%, the foundation demonstrates a commitment to transparency and ethical governance. Indicators such as an entirely independent board and robust audit practices underscore its operational integrity.
Among the foundation's strengths is its effective management of resources, evidenced by a low liabilities-to-assets ratio of 1.36%. Additionally, the foundation maintains comprehensive policies for conflict of interest, whistleblowing, and document retention, which further solidifies its reliability. The percentage of program expenses is also notable, at 65.53%, indicating a focus on dedicating funds toward its mission.
However, there is room for improvement regarding the program expense ratio, which could be optimized to enhance the impact of its initiatives. Overall, the Bergen Community College Foundation stands out as a well-managed organization that prioritizes accountability while striving to serve its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Bergen Community College Foundation legitimate?
Bergen Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bergen 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: $91,013
For more financial information, click here
Official website here: www.bergen.edu/foundation
What is the mission statement of Bergen Community College Foundation?
The Bergen Community College Foundation's mission is to raise funds for various initiatives that support the institution's tradition of excellence in education. These initiatives include student scholarships, faculty and staff development, construction projects, and other special programs. The funds raised by the foundation aim to enhance the learning experience and continue Bergen Community College's commitment to academic excellence. The foundation has also provided scholarships and awards to over 600 students, helping to alleviate financial burdens and enable these students to pursue their education.
Official website here: www.bergen.edu/foundation
Who is the CEO of Bergen Community College Foundation?
Daniel Foley is the Principal Officer of Bergen Community College Foundation.
Official website here: www.bergen.edu/foundation
What is the revenue of Bergen Community College Foundation?
Bergen Community College Foundation's revenue in 2022 was $1,462,845.
Official website here: www.bergen.edu/foundation
Who are the executives of Bergen Community College Foundation and what are their salaries?
Here are 31 key members and their salaries:
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- Related: $167,215
- Other: $20,510
Official website here: www.bergen.edu/foundation
Where can I find the form 990 for Bergen Community College Foundation?
Bergen Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bergen.edu/foundation
Learn more at the official website: www.bergen.edu/foundation
Mission Statement of Bergen Community College Foundation
The Bergen Community College Foundation is committed to raising funds to support various initiatives that uphold the tradition of excellence in education offered by Bergen Community College. Its mission encompasses providing scholarships for students, fostering faculty and staff development, financing construction projects, and sponsoring special programs that contribute to the college's overall growth and success. The ultimate goal of the Bergen Community College Foundation is to continue enhancing the educational experience for students and staff, ensuring the college remains a beacon of academic progress and achievement. As a result of the foundation's efforts, 625 Bergen Community College students have been awarded scholarships and awards, furthering their educational journeys.
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Impact
October, 2024
The Bergen Community College Foundation significantly impacts the lives of students and the broader educational community by raising funds dedicated to enhancing academic opportunities and fostering excellence. Through scholarships and awards, the foundation has provided vital financial support to 625 Bergen Community College students, enabling them to pursue their educational goals with greater ease and reduced financial burden.
Additionally, the foundation plays a crucial role in supporting faculty and staff development, ensuring that educators have the resources and training necessary to deliver high-quality instruction. By funding construction and other special projects, it also contributes to maintaining and improving the college's infrastructure, which directly benefits the learning environment. Overall, the Bergen Community College Foundation continues to uphold a tradition of excellence in education, ensuring that both students and faculty have the necessary support to thrive.
This information is meant to be a general summary of Bergen 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: $916,943
- Gross Receipts: $2,319,301
Assets and Liabilities:
- Total Assets: $11,223,606
- Total Liabilities: $241,870
- Net Assets: $10,981,736
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Organization Details
Founding Year
1982
Phone
(201) 447-7117Principal Officer
Daniel Foley
Main Address
400 PARAMUS ROAD RM A-325, PARAMUS, NJ, 07652
Website
www.bergen.edu/foundationNTEE Category
Code: B41I - Education
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