The Virginia Foundation For Community College Education Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237004354 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

Overview

What is The Virginia Foundation For Community College Education Inc?

Since its establishment in 2006, The Virginia Foundation for Community College Education Inc. has been committed to supporting students across Virginia's 23 community colleges. This nonprofit organization, located in Richmond, Virginia, has awarded over $5.4 million in scholarships and fellowships, helping numerous students enhance their chances of success. In the 2021-22 academic year alone, 118 scholarships worth $375,000 were granted. The prestigious Fellows Program, launched in 2011, provides full scholarship support to high-achieving second-year students, enabling them to complete associate degrees and develop leadership skills through a cohort model. To date, 235 students have benefited from mentoring and leadership training through this program. The Virginia Foundation for Community College Education Inc.'s mission is to ensure access to education and guarantee success for all students, regardless of their background. It accomplishes this by providing statewide leadership in fundraising for community college students, supplementing the activities of the 23 colleges, and backing system-wide initiatives that individual colleges cannot undertake.


Official website here: www.vfcce.org

Is The Virginia Foundation For Community College Education Inc legitimate?

The Virginia Foundation For Community College Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Virginia Foundation For Community College Education 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $673,306

For more financial information, click here


Official website here: www.vfcce.org

What is the mission statement of The Virginia Foundation For Community College Education Inc?

The Virginia Foundation for Community College Education's mission is centered around promoting student success and fostering the future of the commonwealth. They achieve this by offering statewide leadership in fundraising for community college students, supplementing the activities of the 23 colleges, and securing support for system-wide initiatives that individual colleges may not be able to undertake on their own. In essence, their mission is to ensure that education is accessible to all students, regardless of their background, and to support Virginia's community colleges in their endeavors.


Official website here: www.vfcce.org

Who is the CEO of The Virginia Foundation For Community College Education Inc?

Jennifer Gentry is the Director of The Virginia Foundation For Community College Education Inc.


Official website here: www.vfcce.org

What is the revenue of The Virginia Foundation For Community College Education Inc?

The Virginia Foundation For Community College Education Inc's revenue in 2022 was $5,888,244.


Official website here: www.vfcce.org

Who are the executives of The Virginia Foundation For Community College Education Inc and what are their salaries?

Here are 29 key members and their salaries:

    A Michael Wilkerson (Director)
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    • Anna James (Treasurer) [Trustee/Director]
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    • Ben Davenport Jr (Board Chair) [Trustee/Director]
  • Compensation: $0
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    • Caroline Petters Sauer (Director)
  • Compensation: $0
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    • Cedric Green (Director)
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    • Chris French (Director)
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  • Other: $0

    • Dan R Dixon (Secretary) [Trustee/Director]
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    • Darren Conner (Director)
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    • Deborah Johnston (Director)
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    • Dorcas Helfant-Browning (Director)
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    • Ed Dalrymple (Director)
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    • Elizabeth El-Nattar (Director)
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    • Glenn Dubuis (Director)
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    • Gretchen C Byrd (Director)
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    • Jennie Reynolds (Director)
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    • Jennifer Sager Gentry (Director; Executive Direct)
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  • Other: $0

    • John J Rainone (Director)
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    • Julia Gilliam Sterling (Director)
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    • Justin Ballard (Director)
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    • Karen I Campbell Newby (Director)
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    • Leah Fried Sedwick (Director)
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    • Mary Morris (Director)
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    • Maurice Jones (Director)
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    • Philip H Goodpasture General Counse (Director)
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    • Ronald H Holmes (Director)
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    • Stephen Moret (Director)
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    • Stewart Roberson (Immediate Past Chair) [Trustee/Director]
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    • The Honorable Nancy Firestone (Director)
  • Compensation: $0
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  • Other: $0

    • Xavier Beale (Director)
  • Compensation: $0
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  • Other: $0


  • Official website here: www.vfcce.org

    Where can I find the form 990 for The Virginia Foundation For Community College Education Inc?

    The The Virginia Foundation For Community College Education Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.vfcce.org

    Learn more at the official website: www.vfcce.org

    Mission Statement of The Virginia Foundation For Community College Education Inc

    The Virginia Foundation for Community College Education, hereafter referred to as VFCCE, is committed to its mission of fostering student success and shaping the future of Virginia. This nonprofit organization plays a pivotal role in supporting Virginia's community colleges by providing statewide leadership. VFCCE raises funds for community college students, supplementing the activities of the 23 colleges in the state and securing support for system-wide initiatives that individual colleges may not be able to undertake on their own. By doing so, VFCCE plays a significant role in ensuring equitable access to education for students, regardless of their backgrounds.

    Impact

    This information is meant to be a general summary of The Virginia Foundation For Community College Education Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Virginia Foundation for Community College Education Inc has made a significant impact by providing access to education and ensuring success for all students, regardless of background. Since 2006, the foundation has supported hundreds of students across Virginia's 23 community colleges through scholarships and fellowships programs. With the help of generous partners, the VFCCE has awarded over $5.4 million in scholarships, greatly benefiting students and increasing their chances of success.

    In the 2021-22 academic year alone, the foundation awarded 118 scholarships totaling $375,000. Additionally, the prestigious Fellows Program has provided full scholarship support to high-achieving second-year students, enabling them to complete associate degrees and develop leadership skills through a cohort model. Since its inception in 2011, 235 students have received mentoring and leadership training through the Fellows Program.

    Overall, the Virginia Foundation for Community College Education's efforts have played a critical role in building student success and shaping the future of the Commonwealth by supporting Virginia's community colleges. Through its statewide leadership in fundraising, supplementing college activities, and securing support for system-wide initiatives, the VFCCE has made a lasting impact in the field of education.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $564,777
  • Program Service Revenue: $0
  • Gross Receipts: $7,468,288

    • Assets and Liabilities:
  • Total Assets: $14,266,260
  • Total Liabilities: $430,655
  • Net Assets: $13,835,605
  • Organization Details

    Founding Year

    1969

    Principal Officer

    Jennifer Gentry

    Main Address

    300 ARBORETUM PARKWAY 200, RICHMOND, VA, 23236

    NTEE Category

    Code: B90 - Education

    If you are a representative of The Virginia Foundation For Community College Education Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.