Overview
What is Meridian Community College Foundation?
The Meridian Community College Foundation is a nonprofit organization situated in Meridian, Mississippi. Its primary mission lies in offering educational assistance to students, granting scholarships based on academic performance, financial need, and career goals. The scholarships are awarded to both traditional and non-traditional students pursuing university transfer programs, 2-year associate degrees, or technical courses that prepare them for the workforce upon completion. Moreover, the foundation supports faculty and staff development by providing grants for post-graduate studies and career improvements. To further its mission, the foundation seeks to attract private donations and grants for the college.
Official website here: www.meridiancc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%, Four-Star out of Four Star Rating.
The Meridian Community College Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting a high standard of accountability and financial health. The organization excels with a perfect score in several key areas, including an independent board of 100% and a low liabilities to assets ratio of just 1.03%. With a program expense ratio of 85.73%, the foundation effectively allocates a significant portion of its resources towards fulfilling its mission.
Strengths of the foundation include robust financial oversight, as evidenced by its thorough audit and oversight committee, alongside its commitment to transparency with publicly available financial documents. Notably, their fundraising efficiency ratio indicates a minimal cost to raise funds, demonstrating effective stewardship of donations. The foundation's whistleblower and document retention policies further highlight their commitment to ethical practices.
However, there is a noted limitation regarding the absence of a conflict of interest policy, which affected their overall accountability score. Despite this, the foundation's strong financial practices and governance structure suggest a well-managed organization that prioritizes the effective use of contributions. Overall, the Meridian Community College Foundation appears to be a responsible and trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Meridian Community College Foundation legitimate?
Meridian Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meridian 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.
Heare are some key statistics you may want to consider:
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Professional Fundraising Fees: $5,625
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For more financial information, click here
Official website here: www.meridiancc.edu
What is the mission statement of Meridian Community College Foundation?
The Meridian Community College Foundation's mission is centered around providing educational assistance to students. They achieve this through scholarships, awarded based on academic merit, financial need, and career goals. The foundation also aims to enhance the performance of faculty and staff by offering grants for post-graduate studies and career improvements. Furthermore, they actively seek private donations and grants to support the college's educational endeavors. The scholarships are available to a diverse range of students, including both traditional and non-traditional learners, enrolled in university transfer programs, 2-year associate degree programs, or technical courses designed to prepare students for the workforce upon completion.
Official website here: www.meridiancc.edu
Who is the CEO of Meridian Community College Foundation?
Leia A Hill is the President of Meridian Community College Foundation.
Official website here: www.meridiancc.edu
What is the revenue of Meridian Community College Foundation?
Meridian Community College Foundation's revenue in 2022 was $1,609,768.
Official website here: www.meridiancc.edu
Who are the executives of Meridian Community College Foundation and what are their salaries?
Here are 31 key members and their salaries:
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Official website here: www.meridiancc.edu
Where can I find the form 990 for Meridian Community College Foundation?
Meridian Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.meridiancc.edu
Learn more at the official website: www.meridiancc.edu
Mission Statement of Meridian Community College Foundation
Meridian Community College Foundation, a nonprofit organization, is dedicated to supporting the educational journey of students and enhancing the professional growth of its faculty and staff. They achieve this by offering scholarships to deserving students based on their academic performance, financial need, and career goals. These scholarships are available to both traditional and non-traditional students pursuing university transfer programs, two-year associate degrees, or technical courses that prepare them for entry into the workforce.
Beyond scholarships, Meridian Community College Foundation also plays a role in improving the skills and careers of its faculty and staff by providing grants for post-graduate studies and career development. This proactive approach aims to attract private donations and grants, thereby benefiting the college as a whole. The foundation's mission is an investment in the future, contributing to the success of students and the institution alike.
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Impact
October, 2024
The Meridian Community College Foundation plays a vital role in enhancing educational opportunities for students and supporting faculty and staff development. By providing scholarships that reward academic performance, financial need, and career aspirations, the Foundation empowers both traditional and non-traditional students to pursue their educational goals. This support extends to students enrolled in university transfer programs, two-year associate degree programs, and technical training—fields that prepare them for immediate entry into the workforce.
Additionally, the Foundation invests in the professional growth of faculty and staff by offering grants for post-graduate studies and career advancements. This commitment not only improves the educational environment but also elevates the quality of instruction and support that students receive. Through attracting private donations and grants, the Foundation strengthens the resources available to the college, ultimately fostering a community where education thrives and students are equipped for successful futures.
This information is meant to be a general summary of Meridian 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: $182,423
- Gross Receipts: $1,619,967
Assets and Liabilities:
- Total Assets: $21,490,193
- Total Liabilities: $250,948
- Net Assets: $21,239,245
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Organization Details
Founding Year
1979
Phone
(601) 484-8612Principal Officer
Leia A Hill
Main Address
910 Highway 19 North, Meridian, MS, 393075801
Website
www.meridiancc.eduNTEE Category
Code: B82 - Education
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