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County College Of Morris Foundation

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

EIN: 237200730 ✦ Randolph, NJ ✦ Designated as a 501(c)(3)

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Overview

What is County College Of Morris Foundation?

The County College of Morris Foundation is a charitable organization situated in Randolph, New Jersey, with an address at 214 Center Grove Road, 07869. Its primary purpose is to amass and manage philanthropic contributions for the betterment of the County College of Morris, its students, and the surrounding community. The foundation offers mini-grants to both faculty and students to finance research and acquire necessary equipment at the college. Additionally, it awards scholarships based on merit and financial need, contributing to the educational opportunities available to students. The County College of Morris Foundation plays an essential role in supporting the college's growth and development, as well as enhancing the lives of its students and the community at large.


Official website here: www.ccm.edu/foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%

The County College of Morris Foundation has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a high level of accountability and finance management. The foundation's overall score is based solely on its accountability and finance metrics, which indicates a strong commitment to transparency and responsible financial practices.

With a perfect score of 100% for having an independent board and effective oversight mechanisms, the foundation demonstrates its dedication to ethical governance. The organization has also maintained a commendable program expense ratio of 87.69%, suggesting that a significant portion of its funds is directed toward its mission-driven programs, rather than administrative costs.

While the data showcases many strengths, it's important to note that the foundation's high score is solely derived from financial metrics and accountability practices. No additional information regarding program impact or community feedback is provided, which could complement the financial transparency emphasized in this rating. Overall, the County College of Morris Foundation exemplifies strong financial health and governance.


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

What do the Facebook reviews say about County College Of Morris Foundation?

80% of 310 reviewers on Facebook endorse the County College of Morris Foundation. Here is a summary of their reviews:

Many alumni commend the foundation for its excellent professors and robust curriculum, expressing gratitude for the positive impact these elements have had on their educational journey. The campus is frequently described as serene, contributing to a conducive learning environment. Overall, the institution seems to provide a solid foundation for its students, making it a valued choice for education in the area.

The general tone of the reviews reflects satisfaction with the services and opportunities offered, indicating that the foundation successfully meets the expectations of its community members and students alike.


This AI summary has been generated from reviews found on Facebook.

Is County College Of Morris Foundation legitimate?

County College Of Morris Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. County College Of Morris 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.ccm.edu/foundation

What is the mission statement of County College Of Morris Foundation?

The County College of Morris Foundation's mission is centered around raising and managing philanthropic contributions. This is done with the aim of benefiting the college, its students, and the community at large. The foundation plays a crucial role in providing mini grants to faculty and students, facilitating research and the acquisition of necessary equipment at the college. Furthermore, the foundation awards scholarships based on merit and need, thereby offering financial assistance to deserving students.


Official website here: www.ccm.edu/foundation

Who is the CEO of County College Of Morris Foundation?

Katie Olsen is the Executive Director of County College Of Morris Foundation.


Official website here: www.ccm.edu/foundation

What is the revenue of County College Of Morris Foundation?

County College Of Morris Foundation's revenue in 2022 was $1,190,967.


Official website here: www.ccm.edu/foundation

Who are the executives of County College Of Morris Foundation and what are their salaries?

There 65 volunteers at County College Of Morris Foundation.


Here are 16 key members and their salaries:


Katie Olsen (Executive Director)
  • Compensation: $0
  • Related: $114,797
  • Other: $9,676
William K Mcelroy (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Paragano (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward F Nelson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John P Beyel Esq (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph G Bilotti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Fitzpatrick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mj Sully (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom F Hayes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Swaszek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Seguin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gil Zweig (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Everton Scott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Volz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Pimenta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Eulie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ccm.edu/foundation

Where can I find the form 990 for County College Of Morris Foundation?

County College Of Morris Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ccm.edu/foundation

Learn more at the official website: www.ccm.edu/foundation

Mission Statement of County College Of Morris Foundation

The County College of Morris Foundation, a nonprofit organization, is committed to raising and managing philanthropic gifts for the benefit of the college, its students, and the community. Its mission is centered around this objective, aiming to enhance the educational experience and resources available at the County College of Morris. The foundation provides mini grants to faculty and students, facilitating research and the acquisition of necessary equipment at the college. Furthermore, the foundation awards scholarships based on merit and need, offering financial assistance to deserving students, thereby contributing to their educational journey and future prospects.

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Impact




October, 2024

The County College of Morris Foundation plays a pivotal role in enhancing educational opportunities and resources for students, faculty, and the broader community. By raising and managing philanthropic gifts, the Foundation supports a range of initiatives that directly benefit the college environment.

One significant impact is through the provision of mini grants that empower faculty and students to engage in research and acquire essential equipment, thereby fostering an innovative academic atmosphere. Additionally, the Foundation awards scholarships based on merit and financial need, making higher education more accessible for deserving students. These efforts not only enrich the educational experience at County College of Morris but also contribute to the overall growth and development of the community it serves.




This information is meant to be a general summary of County College Of Morris 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
$1,190,967 (2022)
Expenses
$550,516 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $118,183
  • Gross Receipts: $1,228,318

Assets and Liabilities:

  • Total Assets: $11,027,813
  • Total Liabilities: $15,555
  • Net Assets: $11,012,258

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Organization Details

Founding Year

1969

Principal Officer

Katie Olsen

Main Address

214 CENTER GROVE ROAD, RANDOLPH, NJ, 07869

NTEE Category

Code: B41I - Education

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