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Carl Sandburg College Foundation

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

EIN: 237098820 ✦ Galesburg, IL ✦ Designated as a 501(c)(3)

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Overview

What is Carl Sandburg College Foundation?

The Carl Sandburg College Foundation is a nonprofit organization situated in Galesburg, Illinois, specifically at 2400 TOM L WILSON BLVD. Its primary purpose is to support the educational endeavors of students attending Carl Sandburg College, aiming to strengthen the college's commitment to benefiting the local communities within its district. The foundation accomplishes this mission by providing financial aid to students in the form of scholarships. These scholarships are awarded based on general needs or academic requirements, with the awarded amounts being equally distributed between the fall and spring semesters. The scholarships are then applied directly to the students' accounts at Carl Sandburg College.


Official website here: www.sandburg.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

The Carl Sandburg College Foundation has earned a solid three-star rating from Charity Navigator, reflecting its commitment to accountability and finance. The overall score is derived solely from its Accountability & Finance Score, which stands at 88%. This high score indicates that the foundation effectively manages its financial resources and adheres to best practices in governance.

Strengths of the foundation include having a fully independent board, with all 13 members being independent, and a comprehensive audit and oversight committee. Additionally, the foundation scores well in key financial metrics, such as a low liabilities-to-assets ratio of 0.83% and a program expense ratio of 73.48%, suggesting that a significant portion of its funds goes directly to its programs.

However, the foundation has some areas for improvement, notably the absence of a whistleblower policy and document retention and destruction protocols. While these shortcomings did not significantly impact its overall score, addressing them could enhance transparency and governance practices within the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Carl Sandburg College Foundation legitimate?

Carl Sandburg College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carl Sandburg 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:

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

For more financial information, click here


Official website here: www.sandburg.edu

What is the mission statement of Carl Sandburg College Foundation?

The Carl Sandburg College Foundation's mission is centered around supporting the educational pursuits of students and enhancing the college's efforts to benefit its surrounding communities. Through its activities, the foundation aims to provide financial aid to students attending Carl Sandburg College, with scholarship awards distributed based on both general needs and academic requirements. These scholarships contribute to the students' accounts at the college, with half of the award allocated for each semester, fall and spring. The foundation's overall goal is to substantially contribute to the educational success of its students and the betterment of the local communities.


Official website here: www.sandburg.edu

What is the revenue of Carl Sandburg College Foundation?

Carl Sandburg College Foundation's revenue in 2024 was $2,438,125.


Official website here: www.sandburg.edu

Who are the executives of Carl Sandburg College Foundation and what are their salaries?

There 80 volunteers at Carl Sandburg College Foundation.

Here are 16 key members and their salaries:


Chad Long (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Barry (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Moreno (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Kim (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Caulkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candace D'Agnolo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Grimes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracey Moore-Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Panther (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gayla Pacheco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Adam Sanberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Senneff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Willis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Johnson (Chief Advancement Officer)
  • Compensation: $81,545
  • Related: $0
  • Other: $11,891
Dr Seamus Reilly (Ex Officio, College President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sandburg.edu

Where can I find the form 990 for Carl Sandburg College Foundation?

Carl Sandburg College Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.sandburg.edu

Learn more at the official website: www.sandburg.edu

Mission Statement of Carl Sandburg College Foundation

The Carl Sandburg College Foundation is dedicated to supporting the educational pursuits of its students and enhancing the college's efforts to benefit the communities within its district. Their mission is multifaceted, aiming to provide financial assistance to students attending Carl Sandburg College (Sandburg) through scholarships. These scholarships are awarded based on either general needs or academic requirements, with the awards evenly distributed between the fall and spring semesters. By providing this financial support, the Carl Sandburg College Foundation plays a significant role in enabling students to continue their education, thereby contributing to the betterment of the communities within the college district.

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Impact




October, 2024

The Carl Sandburg College Foundation plays a crucial role in supporting the educational journeys of students at Carl Sandburg College. By providing scholarships, the foundation helps alleviate financial burdens, enabling students to focus on their studies and achieve their academic goals. These scholarships are awarded based on both general need and academic performance, ensuring that assistance reaches those who may benefit the most. In addition to individual student support, the foundation enhances the college's efforts to positively impact the surrounding communities, fostering a culture of education and empowerment. The scholarships awarded are applied directly to student accounts for both the fall and spring semesters, creating a steady foundation for academic success and community development.




This information is meant to be a general summary of Carl Sandburg 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.

Revenue
$2,438,125 (2024)
Expenses
$1,057,025 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $843,497
  • Gross Receipts: $2,406,341

Assets and Liabilities:

  • Total Assets: $20,893,938
  • Total Liabilities: $171,357
  • Net Assets: $20,722,581

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Organization Details

Founding Year

1969

Principal Officer

Chad Long

NTEE Category

Code: B42I - Education

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