Overview
What is Gordon State College Foundation Inc?
Gordon State College Foundation Inc, located in Barnesville, Georgia, is a nonprofit organization dedicated to supporting Gordon State College in various initiatives that are not directly funded or endorsed by the Board of Regents. Their primary mission involves visible attendance on campus and within their communities, raising funds for the foundation, and managing assets prudently to support various college-related activities. This includes funding scholarships for deserving students, acquiring property, constructing buildings when financially viable, contributing to faculty development, and supporting any necessary or worthy requests or activities for the college's benefit, provided they receive a majority vote from the trustees. Additionally, Gordon State College Foundation Inc is engaged in financing the construction of student housing and a recreation center, as well as renting out student housing to the college.
Official website here: www.gordonstate.edu/alumni/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
Gordon State College Foundation Inc has achieved an impressive 96% score from Charity Navigator, which reflects a strong emphasis on accountability and finance. The foundation's Four-Star rating highlights its effectiveness in financial management, with a particularly robust performance in various key metrics, including a program expense ratio of 71.34%, indicating that a significant portion of its funds directly supports its programs.
The foundation is governed by a majority independent board, with 96% of its members independent, which enhances its integrity and transparency. Additionally, the organization demonstrates strong oversight through its audit and oversight committee, ensuring proper management of resources and adherence to established policies, including those related to conflicts of interest and whistleblower protections.
While the foundation's performance appears strong overall, prospective donors may want to consider the overall impact of its programs and how efficiently they address community needs beyond financial metrics. Nonetheless, the high accountability and management scores suggest that Gordon State College Foundation Inc is a reliable choice for those looking to support educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Gordon State College Foundation Inc legitimate?
Gordon State College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gordon State 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $55,362
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.gordonstate.edu/alumni/foundation
What is the mission statement of Gordon State College Foundation Inc?
The Gordon State College Foundation Inc's mission is to aid the college in endeavors not directly supported but sanctioned by the Board of Regents. This includes demonstrating visible support on campus and in individual communities, continuing to donate and raise funds for the foundation, and managing its assets prudently to support various college needs. The trustees can utilize these funds for several purposes, such as financing scholarships for deserving students, purchasing property for the college, constructing financially rewarding buildings, contributing to faculty development, and supporting any necessary or worthy requests for the college's benefit, provided a majority of the trustees approve.
Official website here: www.gordonstate.edu/alumni/foundation
Who is the CEO of Gordon State College Foundation Inc?
Robert L Harris is the Executive Director of Gordon State College Foundation Inc.
Official website here: www.gordonstate.edu/alumni/foundation
What is the revenue of Gordon State College Foundation Inc?
Gordon State College Foundation Inc's revenue in 2022 was $1,370,562.
Official website here: www.gordonstate.edu/alumni/foundation
Who are the executives of Gordon State College Foundation Inc and what are their salaries?
There are 4 employees and 28 volunteers at Gordon State College Foundation Inc.
Here are 29 key members and their salaries:
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Official website here: www.gordonstate.edu/alumni/foundation
Where can I find the form 990 for Gordon State College Foundation Inc?
Gordon State College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gordonstate.edu/alumni/foundation
Learn more at the official website: www.gordonstate.edu/alumni/foundation
Mission Statement of Gordon State College Foundation Inc
Gordon State College Foundation Inc's mission is centered around supporting the college in various ventures that are not directly sponsored by the Board of Regents. This support encompasses several key areas. Firstly, the foundation engages in visible presence on campus and within individual communities, demonstrating their commitment to the college. Secondly, they continue to contribute financially to the foundation and raise funds for its cause. Thirdly, the foundation manages its assets prudently, enabling the trustees to undertake several initiatives such as funding scholarships for deserving students, acquiring property for the college, constructing financially rewarding buildings, contributing to faculty development and support, and funding any necessary or worthy requests or activities for the college's benefit, provided they are approved by a majority of the trustees. In essence, Gordon State College Foundation Inc's mission is to bolster the college in various capacities, thereby enhancing its overall growth and success.
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Impact
October, 2024
Gordon State College Foundation Inc significantly enhances the educational landscape by supporting the college in its various initiatives that extend beyond state-sanctioned funding. Its commitment is evident through multiple avenues, including visible engagement on campus and in the broader community, which fosters a strong sense of belonging and support among students and staff alike.
One of the foundation's primary impacts is its ability to provide scholarships to deserving students, making higher education more accessible and easing the financial burden on families. This not only boosts enrollment but also encourages academic perseverance among students.
Additionally, the foundation plays a crucial role in the development of the college's infrastructure by financing the construction of essential facilities such as student housing and recreation centers. This investment enhances the overall student experience and contributes to a vibrant campus life, which is vital for student retention and success.
Moreover, the careful management of the foundation's assets allows for strategic acquisitions and development projects that align with the college's long-term goals. By contributing to faculty development and accepting funding requests that benefit the college, the foundation ensures that both educators and students have the resources they need to thrive.
Overall, the Gordon State College Foundation Inc considerably impacts the college’s ability to grow, innovate, and improve the educational experience for its students while fostering a collaborative and engaged community.
This information is meant to be a general summary of Gordon State 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: $379,226
- Program Service Revenue: $587,921
- Gross Receipts: $4,687,477
Assets and Liabilities:
- Total Assets: $27,088,474
- Total Liabilities: $10,629,443
- Net Assets: $16,459,031
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME FROM DIRECT FINANCING LEAS
Revenue
$502,387
RENTAL INCOME
Revenue
$85,534
Organization Details
Founding Year
1972
Phone
(678) 359-5124Principal Officer
Robert L Harris
Main Address
419 COLLEGE DRIVE, BARNESVILLE, GA, 30204
NTEE Category
Code: B84 - Education
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