Overview
What is Middlesex College Foundation Inc?
Middlesex College Foundation Inc, located in Edison, New Jersey, serves as a vital nonprofit organization focusing on supporting Middlesex College students and various academic initiatives. By providing scholarships and seeking funding for ongoing programs, the foundation fosters long-term relationships with alumni, friends, and businesses, nurturing their commitment and inclusion in the college's mission to serve the entire community. The foundation's mission is to pave the way for students by offering financial aid, scholarships, and educational resources, thereby opening doors to their future.
Official website here: www.middlesexcc.edu/mcc-foundation
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Middlesex College Foundation Inc has achieved an impressive Four-Star rating due to its strong performance in accountability and finance. The charity demonstrates a high level of transparency and governance, as evidenced by 100% of its board members being independent. Its financial practices are robust, with an excellent program expense ratio of 84.26%, indicating a significant portion of funds allocated directly to its mission.
The organization has also established comprehensive policies, including conflict of interest and whistleblower policies, which are essential for maintaining ethical standards. Their financial health is further supported by a low liabilities to assets ratio of 5.62%, signifying a stable financial footing. The foundation's commitment to transparency is reflected in its detailed financial statements and documentation practices.
While the data highlights numerous strengths, ongoing monitoring of financial practices and program effectiveness will be vital for maintaining its high rating. Overall, Middlesex College Foundation Inc stands out as a financially responsible organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Middlesex College Foundation Inc legitimate?
Middlesex College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Middlesex 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.middlesexcc.edu/mcc-foundation
What is the mission statement of Middlesex College Foundation Inc?
The Middlesex College Foundation Inc's mission is centered around assisting students in shaping their futures. They achieve this by providing financial aid, scholarships, and educational resources. The organization strives to foster and sustain long-term relationships with alumni, friends, and businesses, encouraging their active support for the college's mission. These relationships aid in building commitment and inclusion, contributing to the college's goal of serving the entire community. Additionally, the foundation seeks funding for various ongoing programs and academic initiatives.
Official website here: www.middlesexcc.edu/mcc-foundation
Who is the CEO of Middlesex College Foundation Inc?
Diane Conboy is the Chairperson of Middlesex College Foundation Inc.
Official website here: www.middlesexcc.edu/mcc-foundation
What is the revenue of Middlesex College Foundation Inc?
Middlesex College Foundation Inc's revenue in 2022 was $2,441,573.
Official website here: www.middlesexcc.edu/mcc-foundation
Who are the executives of Middlesex College Foundation Inc and what are their salaries?
There 58 volunteers at Middlesex College Foundation Inc.
Here are 18 key members and their salaries:
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Official website here: www.middlesexcc.edu/mcc-foundation
Where can I find the form 990 for Middlesex College Foundation Inc?
Middlesex College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.middlesexcc.edu/mcc-foundation
Learn more at the official website: www.middlesexcc.edu/mcc-foundation
Mission Statement of Middlesex College Foundation Inc
Middlesex College Foundation Inc is dedicated to aiding students in unlocking their future potential through financial aid, scholarships, and educational resources. The mission of this nonprofit organization is multifaceted, aiming to support Middlesex College students and foster long-term relationships with alumni, friends, and businesses. By building and nurturing these relationships, Middlesex College Foundation Inc aims to engage their active support in accomplishing the college's mission of serving the wider community. The foundation seeks funding for various ongoing programs and academic initiatives, aiming to encourage and sustain the college's goals and inclusivity.
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Impact
October, 2024
Middlesex College Foundation Inc plays a vital role in shaping the futures of students by providing essential financial aid, scholarships, and educational resources. By facilitating access to funding for various ongoing programs and academic initiatives, the Foundation directly supports Middlesex College students in their pursuit of higher education.
The Foundation not only focuses on immediate financial assistance but also fosters enduring relationships with alumni, friends, and businesses, creating a strong network of support for the college community. This commitment helps to enhance the educational experience for students while promoting inclusion and engagement across the community. Ultimately, Middlesex College Foundation Inc serves as a bridge, opening doors to opportunities that empower students to succeed and contribute positively to society.
This information is meant to be a general summary of Middlesex 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: $1,624,010
- Gross Receipts: $17,095,824
Assets and Liabilities:
- Total Assets: $20,490,248
- Total Liabilities: $885,003
- Net Assets: $19,605,245
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Organization Details
Founding Year
1966
Phone
(732) 906-2564Principal Officer
Diane Conboy
Main Address
2600 WOODBRIDGE AVE, EDISON, NJ, 08818
NTEE Category
Code: B43I - Education
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