Overview
What is Lane Community College Foundation?
Lane Community College Foundation is a charitable corporation situated in Eugene, Oregon. Its primary mission is to foster community involvement and enhance educational prospects by granting scholarships and improving the facilities and operations of Lane Community College. During a given year, the foundation has awarded 461 scholarships, 357 grants, and 3 awards to the college's students. By doing so, it plays a crucial role in empowering students by providing financial support, thereby contributing to the overall development of the educational institution.
Official website here: www.lanecc.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star Rating
The Lane Community College Foundation has achieved a remarkable Four-Star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance. This high score indicates a strong commitment to transparency and responsible financial practices, which is crucial for building trust with donors and the community it serves.
One of the foundation's notable strengths is its independent board, consisting of 21 members, all of whom are independent. This governance structure, along with robust financial oversight mechanisms and a low ratio of liabilities to assets, further enhances its financial stability. The foundation demonstrates efficiency in fundraising, with a very low cost per dollar raised, and a high percentage of expenses dedicated to programs, showcasing its focus on mission-driven work.
While the foundation is performing well overall, ongoing assessment and reporting will be critical to maintaining its status and meeting the community's evolving needs. Continuous transparency and engagement with stakeholders will further solidify its reputation as a responsible and effective nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Lane Community College Foundation legitimate?
Lane Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lane 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:
Executive Compensation: $124,763
Professional Fundraising Fees: $0
Other Salaries and Wages: $276,017
For more financial information, click here
Official website here: www.lanecc.edu/foundation
What is the mission statement of Lane Community College Foundation?
The Lane Community College Foundation is a charitable organization with a mission to encourage and engage the community in enhancing educational opportunities. They achieve this by providing scholarships and enhancing the facilities and functions of Lane Community College. The organization plays a significant role in the college community, awarding scholarships, grants, and awards to a considerable number of students each year. During the year in question, 461 scholarships, 357 grants, and 3 awards were given to students at Lane Community College. The Foundation's primary goal is to support and strengthen the educational environment, fostering growth and success for the students.
Official website here: www.lanecc.edu/foundation
Who is the CEO of Lane Community College Foundation?
Wendy Jett is the Executive Di of Lane Community College Foundation.
Official website here: www.lanecc.edu/foundation
What is the revenue of Lane Community College Foundation?
Lane Community College Foundation's revenue in 2023 was $6,248,844.
Official website here: www.lanecc.edu/foundation
Who are the executives of Lane Community College Foundation and what are their salaries?
There 165 volunteers at Lane Community College Foundation.
Here are 25 key members and their salaries:
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Official website here: www.lanecc.edu/foundation
Where can I find the form 990 for Lane Community College Foundation?
Lane Community College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lanecc.edu/foundation
Learn more at the official website: www.lanecc.edu/foundation
Mission Statement of Lane Community College Foundation
The Lane Community College Foundation, a charitable corporation, is committed to engaging and involving the community in expanding educational opportunities. This is achieved by providing scholarships and enhancing the facilities and functions of Lane Community College. The organization's mission is to foster a supportive environment for students, enabling them to pursue their educational goals without financial constraints. During a given year, the Lane Community College Foundation awards various forms of financial aid, including scholarships, grants, and awards, to a substantial number of students, totaling 461 scholarships, 357 grants, and 3 awards. This demonstrates the organization's dedication to empowering students and facilitating their educational journey.
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Impact
October, 2024
Lane Community College Foundation significantly enhances educational opportunities for students in Eugene, Oregon, by providing essential financial support through scholarships, grants, and awards. In a recent year, the foundation awarded 461 scholarships, 357 grants, and 3 prestigious awards, directly impacting the lives of students and enabling them to pursue their academic and career goals.
This support not only helps alleviate the financial burdens associated with higher education but also contributes to the development and enhancement of the facilities and functions at Lane Community College. Through its commitment to encouraging community involvement and investment in education, the foundation plays a crucial role in fostering a more educated and skilled workforce in the region.
This information is meant to be a general summary of Lane 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 2023.
- Investment Income: $279,036
- Program Service Revenue: $2,488
- Gross Receipts: $15,260,569
Assets and Liabilities:
- Total Assets: $26,273,116
- Total Liabilities: $712,572
- Net Assets: $25,560,544
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER PROGRAM SERVICE INCOME
Revenue
$2,488
Organization Details
Founding Year
1971
Phone
(541) 463-5226Principal Officer
Wendy Jett
Main Address
4000 E 30TH AVE, EUGENE, OR, 974050640
Website
www.lanecc.edu/foundationNTEE Category
Code: B41I - Education
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