Overview
What is Sinclair Community College Foundation?
Sinclair Community College Foundation is a nonprofit organization situated in Dayton, Ohio, specifically at 444 W THIRD ST RM 7321. Their primary objective is to make higher education more attainable for the local community by providing scholarships to students based on their financial needs and academic merits. This support helps Sinclair Community College maintain its reputation as one of the leading community colleges nationwide. The foundation's activities also include offering program assistance, aiming to enhance the college's educational offerings and overall standing.
Official website here: www.http: www.sinclair.edu donors
What are the reviews and ratings of this charity?
Charity Navigator Rating 90%
Sinclair Community College Foundation has achieved a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong accountability and financial management. The foundation scored 90% overall, indicating solid governance practices, with a perfect score for having a fully independent board of directors and no material diversion of assets.
The organization demonstrates excellent financial oversight with a robust audit and oversight committee, and it maintains transparency with its financial statements. Additionally, the foundation has effective policies in place, including conflict of interest and whistleblower policies, contributing to its high accountability rating.
However, while the foundation's program expense ratio is 53.88%, which may indicate a need for improvement in program spending relative to fundraising, it excels in fundraising efficiency. The foundation’s low fundraising cost suggests it is capable of maximizing donor contributions effectively, ensuring a significant portion of funds are directed toward its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Sinclair Community College Foundation legitimate?
Sinclair Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sinclair 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.
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Official website here: www.http: www.sinclair.edu donors
What is the mission statement of Sinclair Community College Foundation?
The Sinclair Community College Foundation's mission is centered around making higher education more accessible for the local community. Through the provision of student scholarships and support for various programs, the foundation aims to assist Sinclair Community College in maintaining its position as one of the leading community colleges nationwide. Scholarship funds are distributed among students based on both financial need and academic merit, to help cover tuition fees and textbook expenses. The foundation's efforts contribute to making higher education more attainable for a wider range of individuals in the region.
Official website here: www.http: www.sinclair.edu donors
Who is the CEO of Sinclair Community College Foundation?
Michael Barhorst is the Treasurer of Sinclair Community College Foundation.
Official website here: www.http: www.sinclair.edu donors
What is the revenue of Sinclair Community College Foundation?
Sinclair Community College Foundation's revenue in 2022 was $4,584,110.
Official website here: www.http: www.sinclair.edu donors
Who are the executives of Sinclair Community College Foundation and what are their salaries?
Here are 20 key members and their salaries:
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Official website here: www.http: www.sinclair.edu donors
Where can I find the form 990 for Sinclair Community College Foundation?
Sinclair Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.http: www.sinclair.edu donors
Learn more at the official website: www.http: www.sinclair.edu donors
Mission Statement of Sinclair Community College Foundation
The Sinclair Community College Foundation's mission is centered around making higher education more attainable for the local community's residents. This is achieved through two primary methods: providing student scholarships and offering support to Sinclair Community College, aiming to maintain its position among the nation's leading community colleges. By offering scholarships, the foundation helps students cover tuition fees and purchase necessary books, ensuring that financial constraints do not hinder their educational pursuits. Additionally, the foundation supports various programs at Sinclair Community College, contributing to its overall success and standing in the national community college landscape.
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Impact
October, 2024
The Sinclair Community College Foundation plays a crucial role in making higher education accessible to residents in the region. By providing student scholarships and program support, the foundation ensures that financial barriers do not hinder academic aspirations. These scholarship awards, based on both need and academic achievement, help students cover essential costs such as tuition fees and textbooks.
Through its efforts, the foundation contributes to Sinclair Community College's reputation as one of the nation's leading community colleges. By investing in students and educational programs, the foundation fosters a stronger, more educated community, ultimately enhancing economic opportunities and social mobility for individuals in Dayton, Ohio, and surrounding areas. The impact of the Sinclair Community College Foundation is felt not only by the students who benefit directly but also by the broader community that gains from an educated and skilled workforce.
This information is meant to be a general summary of Sinclair 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: $3,147,387
- Gross Receipts: $13,621,203
Assets and Liabilities:
- Total Assets: $39,306,689
- Total Liabilities: $173,804
- Net Assets: $39,132,885
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Organization Details
Founding Year
1969
Principal Officer
Michael Barhorst
Main Address
444 W THIRD ST RM 7321, Dayton, OH, 45402
NTEE Category
Code: B110 - Education
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