Overview
What is Atlantic Cape Community College Foundation?
The Atlantic Cape Community College Foundation is a dedicated nonprofit organization situated in Mays Landing, New Jersey. Its primary mission is to provide financial assistance and support to Atlantic Cape Community College and its students, facilitating their educational pursuits. This is achieved through various means, including annual and endowed scholarships, grants-in-aid, and emergency financial aid. The foundation engages in special event fundraising and community philanthropy to accumulate resources for these initiatives.
Official website here: www.atlantic.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Atlantic Cape Community College Foundation has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With a perfect score in various categories, such as board independence and financial oversight, the foundation demonstrates transparency and reliability in its operations. The use of an independent board and stringent policies further enhances its credibility and governance.
Strengths of the foundation include a high program expense ratio of 85.14%, indicating that a substantial portion of its funds is directed towards its philanthropic mission. The absence of any material diversion of assets and a strong liabilities to assets ratio of 19.10% underscore the foundation's financial stability and effectiveness. Additionally, its comprehensive range of policies, including conflict of interest and whistleblower protections, showcases a proactive approach to governance.
While the foundation excels in many areas, ongoing review and adaptation to community needs will be important for maintaining its positive impact. Overall, the high rating suggests that donors and stakeholders can have confidence in the foundation's operations and its commitment to supporting education within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Atlantic Cape Community College Foundation legitimate?
Atlantic Cape Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atlantic Cape 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:
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For more financial information, click here
Official website here: www.atlantic.edu/foundation
What is the mission statement of Atlantic Cape Community College Foundation?
The Atlantic Cape Community College Foundation's mission is centered around providing financial aid and support to Atlantic Cape Community College, its students, and various educational initiatives. This is achieved primarily through organizing special fundraising events and engaging in community philanthropy. The foundation offers annual scholarships, endowed grants, and emergency financial assistance to students enrolled at Atlantic Cape Community College. Its endeavors are geared towards enhancing the college's resources and empowering its students in their academic pursuits.
Official website here: www.atlantic.edu/foundation
Who is the CEO of Atlantic Cape Community College Foundation?
Jean Mcalister is the President of Atlantic Cape Community College Foundation.
Official website here: www.atlantic.edu/foundation
What is the revenue of Atlantic Cape Community College Foundation?
Atlantic Cape Community College Foundation's revenue in 2022 was $1,231,964.
Official website here: www.atlantic.edu/foundation
Who are the executives of Atlantic Cape Community College Foundation and what are their salaries?
There 70 volunteers at Atlantic Cape Community College Foundation.
Here are 37 key members and their salaries:
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- Related: $107,933
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- Related: $205,923
- Other: $56,885
Official website here: www.atlantic.edu/foundation
Where can I find the form 990 for Atlantic Cape Community College Foundation?
Atlantic Cape Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.atlantic.edu/foundation
Learn more at the official website: www.atlantic.edu/foundation
Mission Statement of Atlantic Cape Community College Foundation
The Atlantic Cape Community College Foundation's mission is centered around providing financial aid and support to Atlantic Cape Community College, its students, and various educational initiatives. This is achieved through special event fundraising and community philanthropy. The organization's primary objective is to offer annual and endowed scholarships, grants-in-aid, and emergency financial assistance to students enrolled at Atlantic Cape Community College. By doing so, the Atlantic Cape Community College Foundation aims to contribute to the academic success and well-being of its students, thereby enhancing the overall educational landscape.
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Impact
October, 2024
The Atlantic Cape Community College Foundation plays a crucial role in enhancing educational opportunities for students at Atlantic Cape Community College. By providing annual and endowed scholarships, grants-in-aid, and emergency support, the foundation ensures that financial barriers do not hinder students from achieving their educational goals.
Through special event fundraising and community philanthropy, the foundation mobilizes resources to support various initiatives that enrich the academic experience. Its efforts are pivotal in fostering a supportive learning environment, enabling students to thrive and succeed in their chosen fields. The foundation not only contributes to individual student success but also strengthens the educational landscape in Mays Landing, NJ, and the broader community.
This information is meant to be a general summary of Atlantic Cape 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: $317,649
- Gross Receipts: $3,821,312
Assets and Liabilities:
- Total Assets: $5,704,991
- Total Liabilities: $968,649
- Net Assets: $4,736,342
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Organization Details
Founding Year
1978
Phone
(609) 343-4900Principal Officer
Jean Mcalister
Main Address
5100 BLACK HORSE PIKE, MAYS LANDING, NJ, 08330
Website
www.atlantic.edu/foundationNTEE Category
Code: B41I - Education
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