Overview
What is Foundation For Seminole State College Of Florida Inc?
The Foundation For Seminole State College Of Florida Inc, situated in Heathrow, Florida, is a dedicated nonprofit organization. Its primary mission is to enhance Seminole State College of Florida's programs and services by fostering private contributions and community partnerships. To achieve this, the foundation provides merit and need-based scholarships to students, following donor criteria. In the fiscal year 2023, they awarded 1,612 scholarships, with an average award amount of $769. By offering these scholarships, the foundation supports academic excellence, increased access, and crucial community outreach, thereby contributing to the institution's advancement.
Official website here: www.seminolestate.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator rating: 95%, Four-Star out of Four Star rating.
The Foundation For Seminole State College Of Florida Inc has received high marks for its accountability and finance, earning a Four-Star rating from Charity Navigator. This score reflects the organization’s commitment to transparency and fiscal responsibility, with a perfect accountability score and strong financial practices. The foundation's independent board consists entirely of independent members, ensuring integrity in decision-making.
The financial health of the organization is evident through its impressive program expense ratio of 82.18%, demonstrating a strong focus on its mission. Additionally, it has achieved a perfect score in fundraising efficiency, indicating effective use of contributions without significant costs. The foundation maintains a healthy working capital, with over 11 years’ worth available, which speaks to its long-term planning and sustainability.
While the financial indicators are overwhelmingly positive, the summary does not provide information on the foundation's programs or community impact, leaving some aspects of its effectiveness unaddressed. Overall, the Foundation For Seminole State College Of Florida Inc stands out for its strong governance and financial stability, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Seminole State College Of Florida Inc legitimate?
Foundation For Seminole State College Of Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Seminole State College Of Florida 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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For more financial information, click here
Official website here: www.seminolestate.edu/foundation
What is the mission statement of Foundation For Seminole State College Of Florida Inc?
The Foundation For Seminole State College of Florida Inc's mission is centered around enhancing the programs and services of Seminole State College of Florida. This is achieved through the development and management of private contributions and community partnerships. The foundation provides resources that contribute to academic excellence, increased access, and vital community outreach. These efforts aim to advance the institution, benefitting its students, faculty, and staff.
Official website here: www.seminolestate.edu/foundation
Who is the CEO of Foundation For Seminole State College Of Florida Inc?
John Gyllin is the Executive Di of Foundation For Seminole State College Of Florida Inc.
Official website here: www.seminolestate.edu/foundation
What is the revenue of Foundation For Seminole State College Of Florida Inc?
Foundation For Seminole State College Of Florida Inc's revenue in 2023 was $3,394,711.
Official website here: www.seminolestate.edu/foundation
Who are the executives of Foundation For Seminole State College Of Florida Inc and what are their salaries?
There 250 volunteers at Foundation For Seminole State College Of Florida Inc.
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Official website here: www.seminolestate.edu/foundation
Where can I find the form 990 for Foundation For Seminole State College Of Florida Inc?
Foundation For Seminole State College Of Florida Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.seminolestate.edu/foundation
Learn more at the official website: www.seminolestate.edu/foundation
Mission Statement of Foundation For Seminole State College Of Florida Inc
The Foundation for Seminole State College of Florida Inc is committed to enhancing the educational experience and community impact of Seminole State College of Florida. By developing and managing private contributions and fostering community partnerships, this nonprofit organization aims to support academic excellence, increase access to education, and facilitate vital community outreach. These efforts contribute to the advancement of the institution, its students, faculty, and staff, ultimately contributing to the overall growth and success of the college.
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Impact
October, 2024
The Foundation for Seminole State College of Florida Inc. significantly enhances the academic environment and community impact of Seminole State College by developing and managing private contributions and fostering community partnerships. In the fiscal year 2023, the Foundation awarded 1,612 scholarships to students, facilitating access to higher education and supporting academic excellence. The average scholarship of $769 provides crucial financial assistance that helps alleviate the burden of tuition costs for many students, enabling them to focus on their studies and achieve their educational goals.
Beyond scholarships, the Foundation's initiatives contribute to increased access to educational resources, improving programs and services that directly benefit students, faculty, and staff. This comprehensive support not only aids individual academic pursuits but also strengthens the institution's overall mission, fostering a vibrant educational community. By prioritizing merit and need-based scholarships, the Foundation plays a pivotal role in making higher education more attainable, ultimately benefiting the broader community and promoting lifelong learning.
This information is meant to be a general summary of Foundation For Seminole State College Of Florida 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 2023.
- Investment Income: $603,251
- Program Service Revenue: $431,414
- Gross Receipts: $14,719,595
Assets and Liabilities:
- Total Assets: $34,727,967
- Total Liabilities: $185,515
- Net Assets: $34,542,452
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$431,414
Organization Details
Founding Year
1969
Phone
(407) 708-4570Principal Officer
John Gyllin
Main Address
1055 AAA DRIVE, HEATHROW, FL, 32746
NTEE Category
Code: B84 - Education
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