Overview
What is Gateway Community College Foundation Inc?
Gateway Community College Foundation Inc, located at 20 Church Street, New Haven, CT 06510, is a nonprofit organization dedicated to supporting and enhancing Gateway Community College's mission. Their primary objectives include providing scholarships, promoting college advancement, and facilitating staff professional development. By funding various programs and activities, they work towards realizing the college's goal of offering comprehensive and affordable learning opportunities to diverse communities within their region.
Official website here: www.gatewayfdn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%
Gateway Community College Foundation Inc has achieved a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting a high level of trust and financial health. The organization scored particularly well in Accountability & Finance with a score of 96, indicating robust financial practices, transparency, and responsible management of donor funds. Additionally, it boasts a strong program expense ratio of 80.06%, showcasing its commitment to utilizing resources effectively for its mission.
The foundation has a fully independent board, demonstrating a commitment to governance best practices, and it adheres to various policies that ensure operational integrity, including conflict of interest and whistleblower policies. The audit and oversight committee received a perfect score, further reinforcing the organization's financial accountability and oversight standards.
However, the Culture & Community score of 73 suggests that there may be areas for improvement in fostering community engagement or organizational culture. While the foundation excels in financial management and compliance, enhancing its community outreach and involvement could strengthen its overall impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Gateway Community College Foundation Inc legitimate?
Gateway Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gateway 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.
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Official website here: www.gatewayfdn.org
What is the mission statement of Gateway Community College Foundation Inc?
The mission of Gateway Community College Foundation Inc. is centered around supporting programs and activities that align with Gateway Community College's mission. More specifically, their goal is to contribute to the college's mission of providing comprehensive and affordable learning opportunities for diverse populations within the community. This support extends to various initiatives, such as offering scholarships, advancing the college, and providing funds for staff professional development. By doing so, the foundation aims to enhance the overall educational experience and contribute to the college's growth and development.
Official website here: www.gatewayfdn.org
Who is the CEO of Gateway Community College Foundation Inc?
Helene Augustine is the Chair of Gateway Community College Foundation Inc.
Official website here: www.gatewayfdn.org
What is the revenue of Gateway Community College Foundation Inc?
Gateway Community College Foundation Inc's revenue in 2022 was $719,045.
Official website here: www.gatewayfdn.org
Who are the executives of Gateway Community College Foundation Inc and what are their salaries?
There 50 volunteers at Gateway Community College Foundation Inc.
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Official website here: www.gatewayfdn.org
Where can I find the form 990 for Gateway Community College Foundation Inc?
Gateway Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gatewayfdn.org
Learn more at the official website: www.gatewayfdn.org
Mission Statement of Gateway Community College Foundation Inc
Gateway Community College Foundation Inc is committed to supporting programs and activities that align with Gateway Community College's mission. This mission, in essence, is to provide comprehensive and affordable learning opportunities to diverse populations within the community. The Foundation's role is crucial in achieving this goal by providing scholarships, advancing the college, and funding staff professional development. By doing so, it empowers Gateway Community College to continue its mission of fostering education and growth for individuals from various backgrounds, thereby contributing to the community's overall development.
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Impact
October, 2024
Gateway Community College Foundation Inc significantly enhances the educational landscape in New Haven, CT, by supporting programs and activities that align with the mission of Gateway Community College. The foundation plays a crucial role in providing scholarships, which directly impact students by making higher education more accessible and affordable for diverse populations within the community.
In addition to financial support for students, the foundation actively contributes to the advancement of the college itself, ensuring that it can continue to meet the evolving needs of its community. This includes funding for staff professional development, which empowers educators to improve their skills and teaching methods, ultimately benefiting students and enhancing the overall quality of education offered. By fostering an environment where comprehensive learning opportunities thrive, Gateway Community College Foundation Inc helps to build a stronger, more educated community.
This information is meant to be a general summary of Gateway 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: $72,489
- Gross Receipts: $757,089
Assets and Liabilities:
- Total Assets: $3,018,821
- Total Liabilities: $3,472
- Net Assets: $3,015,349
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Organization Details
Founding Year
1989
Phone
(203) 285-2617Principal Officer
Helene Augustine
Main Address
20 CHURCH STREET, NEW HAVEN, CT, 06510
Website
www.gatewayfdn.orgNTEE Category
Code: B11 - Education
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