Overview
What is Community College Of Philadelphia Foundation?
The Community College of Philadelphia Foundation is a philanthropic organization that plays a pivotal role in supporting the educational endeavors of the Community College of Philadelphia. Its mission is to raise funds for the college, its students, programs, and initiatives. This involves creating partnerships with various entities to secure private donations for scholarships, student success programs, instructional equipment, professional development, and capital needs. The foundation serves as an ambassador for the college within the community, connecting it with local leaders. Its primary activities include granting funds to support student and faculty programs, student success initiatives, faculty support, and community engagement, such as a small business training program.
Official website here: www.ccp.edu/site/alumni/foundation/index.html
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%, Four-Star out of Four Star rating.
The Community College of Philadelphia Foundation has achieved an impressive Four-Star rating, reflecting its strong commitment to accountability and finance. With a perfect score in various categories, the foundation demonstrates a high level of transparency and governance. Notably, it has an entirely independent board and sound financial practices, ensuring that it operates effectively and responsibly.
Strengths of the foundation include its robust program expense ratio, which stands at 97.14%, indicating that a significant portion of its funds directly supports its mission. Additionally, the foundation maintains a low liabilities to assets ratio of 8.59%, suggesting strong financial health and minimal debt relative to its assets. The foundation also has effective oversight practices, with policies in place for conflict of interest, whistleblower protections, and document retention, reflecting its commitment to ethical governance.
However, while the foundation excels in most financial metrics, its fundraising efficiency ratio of $0.002 indicates it may face challenges in raising funds relative to its expenditures. Despite this limitation, the overall performance in governance and financial management positions the Community College of Philadelphia Foundation as a reliable and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Community College Of Philadelphia Foundation legitimate?
Community College Of Philadelphia Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community College Of Philadelphia 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.ccp.edu/site/alumni/foundation/index.html
What is the mission statement of Community College Of Philadelphia Foundation?
The Community College of Philadelphia Foundation's mission is to enhance and enrich the educational experiences of students at the Community College of Philadelphia. They achieve this by raising philanthropic funds to support the college, its programs, and initiatives. As the private fundraising arm of the college, the foundation brings together community leaders to serve as ambassadors, broadening the college's image within the community. The foundation creates partnerships with individuals, businesses, organizations, and foundations to raise private funds for scholarships, student success programming, instructional equipment, professional development, and capital needs of the college.
Official website here: www.ccp.edu/site/alumni/foundation/index.html
Who is the CEO of Community College Of Philadelphia Foundation?
Ellyn Jo Waller is the Vice President of Community College Of Philadelphia Foundation.
Official website here: www.ccp.edu/site/alumni/foundation/index.html
What is the revenue of Community College Of Philadelphia Foundation?
Community College Of Philadelphia Foundation's revenue in 2022 was $4,924,395.
Official website here: www.ccp.edu/site/alumni/foundation/index.html
Who are the executives of Community College Of Philadelphia Foundation and what are their salaries?
There 45 volunteers at Community College Of Philadelphia Foundation.
Here are 24 key members and their salaries:
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- Related: $173,880
- Other: $46,897
Official website here: www.ccp.edu/site/alumni/foundation/index.html
Where can I find the form 990 for Community College Of Philadelphia Foundation?
Community College Of Philadelphia Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ccp.edu/site/alumni/foundation/index.html
Learn more at the official website: www.ccp.edu/site/alumni/foundation/index.html
Mission Statement of Community College Of Philadelphia Foundation
The Community College of Philadelphia Foundation, serving as the private fundraising arm of the college, enhances and enriches the educational experiences of students at the Community College of Philadelphia by providing external resources to support the college's mission. The foundation accomplishes this by bringing together community leaders who act as ambassadors of the college, thereby broadening the college's image within the community. Additionally, the Community College of Philadelphia Foundation establishes partnerships with individuals, businesses, organizations, and foundations to raise private gifts for various purposes, such as scholarships, student success programming and initiatives, instructional equipment, professional development, and capital needs of the college. By doing so, the foundation supports the college's mission and contributes to the overall success and growth of its students.
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Impact
October, 2024
The Community College of Philadelphia Foundation significantly enhances the educational experiences of students at the Community College of Philadelphia by raising philanthropic funds dedicated to various initiatives. Its impact is felt through grants that support student success initiatives, faculty programs, and special projects that foster community engagement.
By securing external resources, the Foundation plays a vital role in advancing the college's mission. It brings together community leaders to act as ambassadors for the college, helping to broaden its image and outreach within the Philadelphia area. The Foundation builds partnerships with individuals, businesses, and organizations to raise private gifts that fund scholarships, improve instructional resources, and support professional development.
In addition to direct academic support, the Foundation also contributes to community-focused projects, such as a small business training program, which strengthens the relationship between the college and its community. Overall, the Community College of Philadelphia Foundation is instrumental in creating a nurturing and resource-rich environment for students and faculty alike.
This information is meant to be a general summary of Community College Of Philadelphia 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: $349,400
- Gross Receipts: $5,052,503
Assets and Liabilities:
- Total Assets: $17,835,018
- Total Liabilities: $1,058,528
- Net Assets: $16,776,490
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Organization Details
Founding Year
1985
Phone
(215) 751-8502Principal Officer
Ellyn Jo Waller
Main Address
1700 SPRING GARDEN ST ANNEX 7TH FL, PHILADELPHIA, PA, 191303991
NTEE Category
Code: B12 - Education
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