Overview
What is Hagerstown Community College Foundation Inc?
Hagerstown Community College Foundation Inc is a nonprofit organization located at 11400 Robinwood Drive, Hagerstown, Maryland 21742. Their primary mission is to aid Hagerstown Community College in its mission of being an open-door educational institution. During the 2022 financial year (FY22), they granted scholarships to 812 eligible students attending the college and provided support for the college's needs. The foundation's activities and projects are dedicated to supporting the college and its students, contributing to the future of the community's citizens through investments.
Official website here: www.hagerstowncc.edu/alumni-foundation/hcc
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 96% (Four-Star out of Four Stars)**
The Hagerstown Community College Foundation Inc has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The high score indicates that the foundation maintains rigorous oversight processes and operates with a solid financial footing. With 100% of its board members being independent and a program expense ratio of 83.41%, the organization showcases a dedication to utilizing its funds wisely for community benefit.
Strengths include a well-structured governance framework evidenced by their policies on conflict of interest and whistleblowing, along with a robust audit process. While most metrics indicate exemplary performance, the foundation's failure to post its tax form on its website slightly detracts from its overall accountability profile. However, this is a minor concern in the context of its overall transparency efforts.
Unfortunately, user reviews from GreatNonprofits were not available for this organization, limiting the ability to provide first-hand experiences from the community it serves. However, the Charity Navigator rating alone highlights the foundation's strong operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Hagerstown Community College Foundation Inc legitimate?
Hagerstown Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hagerstown Community College Foundation 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.hagerstowncc.edu/alumni-foundation/hcc
What is the mission statement of Hagerstown Community College Foundation Inc?
The mission of Hagerstown Community College Foundation Inc is to aid Hagerstown Community College in its mission as a comprehensive, open-door educational institution. The foundation's goal is to provide a platform for individuals and businesses to invest in the future of their community by contributing to the college's students' education. In the fiscal year 2022, the foundation offered scholarships to 812 eligible students attending Hagerstown Community College and provided support for the college's needs.
In essence, Hagerstown Community College Foundation Inc serves as a catalyst for educational growth and success by fostering opportunities for students through scholarships and supporting the college's essential requirements. By doing so, the foundation plays a crucial role in shaping the future of its community's citizens.
Official website here: www.hagerstowncc.edu/alumni-foundation/hcc
Who is the CEO of Hagerstown Community College Foundation Inc?
David Abeles is the President of Hagerstown Community College Foundation Inc.
Official website here: www.hagerstowncc.edu/alumni-foundation/hcc
What is the revenue of Hagerstown Community College Foundation Inc?
Hagerstown Community College Foundation Inc's revenue in 2022 was $8,438,842.
Official website here: www.hagerstowncc.edu/alumni-foundation/hcc
Who are the executives of Hagerstown Community College Foundation Inc and what are their salaries?
There 40 volunteers at Hagerstown Community College Foundation Inc.
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- Related: $93,667
- Other: $14,179
Official website here: www.hagerstowncc.edu/alumni-foundation/hcc
Where can I find the form 990 for Hagerstown Community College Foundation Inc?
Hagerstown Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hagerstowncc.edu/alumni-foundation/hcc
Learn more at the official website: www.hagerstowncc.edu/alumni-foundation/hcc
Mission Statement of Hagerstown Community College Foundation Inc
Hagerstown Community College Foundation Inc, a nonprofit organization, is dedicated to supporting Hagerstown Community College and its students. Their mission is to aid the institution in its mission of being a comprehensive, open-door educational establishment. By providing a means for individuals and businesses to invest in the future of their citizens, the foundation aims to contribute to the college's growth and the success of its students. This mission is accomplished through various activities and projects, ensuring that Hagerstown Community College continues to provide quality education to its attendees. During the fiscal year 2022, the foundation demonstrated its commitment by providing scholarships to 812 eligible individuals attending the college and addressing the college's needs.
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Impact
October, 2024
Hagerstown Community College Foundation Inc significantly enhances the educational landscape by providing essential support for students and the institution. In the fiscal year 2022, the foundation awarded scholarships to 812 eligible individuals, facilitating access to quality education for numerous students. Beyond scholarships, the foundation plays a crucial role in addressing the diverse needs of Hagerstown Community College, ensuring that it can continue to operate as an inclusive and comprehensive educational institution. Through its initiatives, the foundation fosters opportunities for individuals and businesses to invest in the future of the community, ultimately strengthening the ties between education and local development.
This information is meant to be a general summary of Hagerstown Community College Foundation 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 2022.
- Investment Income: $1,562,556
- Gross Receipts: $9,747,912
Assets and Liabilities:
- Total Assets: $22,565,769
- Total Liabilities: $125,883
- Net Assets: $22,439,886
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Organization Details
Founding Year
1968
Phone
(240) 500-2000Principal Officer
David Abeles
Main Address
11400 ROBINWOOD DRIVE, HAGERSTOWN, MD, 21742
NTEE Category
Code: B41I - Education
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