Overview
What is Florida State College At Jacksonville Foundation Inc?
The Florida State College at Jacksonville Foundation Inc is a charitable organization based in Jacksonville, Florida, with the address 501 WEST STATE ST 104. The Foundation's primary mission is to generate financial resources for Florida State College at Jacksonville, enabling students in need to access quality and affordable education. By granting scholarships to deserving students each year, the Foundation has awarded a total of 1,128,632 dollars to 1,358 students as of September 30, 2022. The Foundation's goal is to ensure that financial constraints do not hinder students' ability to pursue their educational goals at Florida State College at Jacksonville.
Official website here: www.fscjfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Florida State College at Jacksonville Foundation Inc has achieved a remarkable Four-Star rating from Charity Navigator, indicating exemplary accountability and financial health. The organization has scored perfectly in several key areas, demonstrating strong governance through a majority of independent board members and robust financial oversight mechanisms. This level of transparency is essential for donor confidence and shows the foundation’s commitment to ethical practices.
The foundation excels in its financial management, with an impressive program expense ratio of 95.27%, meaning that the vast majority of its funds are directed towards its charitable programs. Its liabilities to assets ratio of 7.78% further reflects prudent financial stewardship, signaling a stable organization capable of sustaining its operations over the long term. These metrics highlight the foundation's effectiveness in utilizing donations to support its mission.
However, while the data indicates strong performance in finance and governance, it does not provide insights into programmatic impact or the specific outcomes of the foundation's initiatives. Potential donors may wish to seek additional information regarding the programs funded and the direct benefits to the community to gain a fuller understanding of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Florida State College At Jacksonville Foundation Inc legitimate?
Florida State College At Jacksonville Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida State College At Jacksonville 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $251,249
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fscjfoundation.org
What is the mission statement of Florida State College At Jacksonville Foundation Inc?
The Florida State College at Jacksonville Foundation Inc is dedicated to securing financial resources to help students in need gain access to affordable and quality education. Through the Foundation, scholarships are awarded each year to provide students with essential financial support. In the year ending September 30, 2022, the Foundation granted a total of 1,128,632 dollars in scholarships to 1,358 students. By doing so, it enables individuals to take advantage of educational opportunities that might otherwise be out of reach.
Official website here: www.fscjfoundation.org
What is the revenue of Florida State College At Jacksonville Foundation Inc?
Florida State College At Jacksonville Foundation Inc's revenue in 2024 was $16,012,297.
Official website here: www.fscjfoundation.org
Who are the executives of Florida State College At Jacksonville Foundation Inc and what are their salaries?
There 25 volunteers at Florida State College At Jacksonville Foundation Inc.
Here are 20 key members and their salaries:
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Official website here: www.fscjfoundation.org
Where can I find the form 990 for Florida State College At Jacksonville Foundation Inc?
Florida State College At Jacksonville Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.fscjfoundation.org
Learn more at the official website: www.fscjfoundation.org
Mission Statement of Florida State College At Jacksonville Foundation Inc
The Florida State College at Jacksonville Foundation Inc is a dedicated organization with a mission to procure financial resources for Florida State College at Jacksonville. This mission is geared towards enabling students in need to access affordable and quality education. By securing financial support, the foundation aims to open doors to educational opportunities for a substantial number of students every year.
Scholarships are a primary tool utilized by the foundation to provide financial assistance to students. These merit- and need-based scholarships help students overcome financial barriers and focus on their academic pursuits. In the fiscal year ending September 30, 2022, the foundation granted an impressive amount of 1,128,632 dollars in scholarships to 1,358 students. This financial support not only enables students to attend the college but also empowers them to fully engage in their educational journey.
The Florida State College at Jacksonville Foundation Inc plays a crucial role in transforming lives by offering financial assistance to those who might otherwise be unable to afford higher education. By providing scholarships, the foundation enables students to unlock their potential and pursue their dreams, ultimately contributing to a more diverse and skilled workforce. The organization's unwavering commitment to securing financial resources for Florida State College at Jacksonville ensures that students in need have access to an affordable and high-quality education.
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Impact
October, 2024
Florida State College at Jacksonville Foundation Inc significantly enhances educational access for students in need by securing vital financial resources. Through its dedicated efforts, the foundation awarded over $1.1 million in scholarships during the year ending September 30, 2022, benefitting 1,358 students. By providing these scholarships, the foundation plays a crucial role in enabling individuals to pursue affordable and quality education, thereby empowering them to take advantage of valuable educational opportunities that might otherwise be out of reach. This impact not only supports students' academic goals but also contributes to the overall development of the Jacksonville community and workforce.
This information is meant to be a general summary of Florida State College At Jacksonville 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 2024.
- Investment Income: $204,803
- Program Service Revenue: $12,588,077
- Gross Receipts: $16,044,560
Assets and Liabilities:
- Total Assets: $72,547,851
- Total Liabilities: $5,648,700
- Net Assets: $66,899,151
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Artist Series Events
Revenue
$12,588,077
Organization Details
Founding Year
1972
Principal Officer
Danny Berenberg
Website
www.fscjfoundation.orgNTEE Category
Code: B82 - Education
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