Overview
What is College Of Southern Maryland Foundation Inc?
College of Southern Maryland Foundation Inc is a nonprofit organization dedicated to supporting the educational activities of the College of Southern Maryland (CSM). Based in Laplata, Maryland, the foundation funds scholarships for 725 students annually and makes donations to various college programs, including technology resources and the physical education wellness center. Their mission involves soliciting and investing funds for the betterment of CSM, its faculty, and students. Operated by an all-volunteer tri-county board of directors, the foundation promotes scholarships, programs, professional development, and special projects to strengthen and develop CSM, ultimately benefiting its students.
Official website here: www.csmd.edu/foundation
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The College of Southern Maryland Foundation Inc has received a strong rating of 96% from Charity Navigator, indicating high accountability and financial health. The overall score is derived entirely from a robust performance in the Accountability & Finance category, showcasing the organization's commitment to ethical operations and transparency.
Strengths highlighted in the evaluation include a fully independent board with all 23 members maintaining independence, which enhances governance. The foundation also demonstrates sound financial practices, with 88.02% of expenses directed towards its programs, reflecting a strong focus on its mission. Additionally, the presence of key policies, such as conflict of interest and whistleblower protections, underscores its commitment to responsible management.
While there are no notable limitations mentioned in the data, the high scores achieved in multiple areas suggest that the foundation operates effectively within its framework. Overall, the College of Southern Maryland Foundation Inc appears to be a well-managed organization with a focus on accountability and programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
Is College Of Southern Maryland Foundation Inc legitimate?
College Of Southern Maryland Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. College Of Southern Maryland 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: $0
Other Salaries and Wages: $8,116
For more financial information, click here
Official website here: www.csmd.edu/foundation
What is the mission statement of College Of Southern Maryland Foundation Inc?
The College of Southern Maryland Foundation Inc's mission is centered around raising funds and support for the educational activities of the College of Southern Maryland. This non-profit organization, operated by a tri-county board of volunteers, aims to enhance the college and its students' experiences by promoting scholarships, programs, technology, professional development, and special projects. Their objective is to strengthen and develop the college, thereby empowering its students. The foundation also backs various college initiatives, contributing to the overall growth and success of the educational institution.
Official website here: www.csmd.edu/foundation
Who is the CEO of College Of Southern Maryland Foundation Inc?
Dr Yolanda Wilson is the Secretary/Treasurer of College Of Southern Maryland Foundation Inc.
Official website here: www.csmd.edu/foundation
What is the revenue of College Of Southern Maryland Foundation Inc?
College Of Southern Maryland Foundation Inc's revenue in 2022 was $2,075,257.
Official website here: www.csmd.edu/foundation
Who are the executives of College Of Southern Maryland Foundation Inc and what are their salaries?
There 25 volunteers at College Of Southern Maryland Foundation Inc.
Here are 27 key members and their salaries:
- Compensation: $0
- Related: $335,005
- Other: $67,781
- Compensation: $0
- Related: $122,186
- Other: $27,938
- Compensation: $0
- Related: $79,911
- Other: $20,497
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.csmd.edu/foundation
Where can I find the form 990 for College Of Southern Maryland Foundation Inc?
College Of Southern Maryland Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csmd.edu/foundation
Learn more at the official website: www.csmd.edu/foundation
Mission Statement of College Of Southern Maryland Foundation Inc
The College of Southern Maryland Foundation Inc, a charitable organization, is dedicated to soliciting and investing funds to support the educational activities of the College of Southern Maryland. Operating under the umbrella of charitable and educational purposes, this foundation exists primarily to bolster the college and its students and faculty. Comprised of a tri-county board of directors, the foundation raises funds and friends to uphold student support and college initiatives. They advocate for scholarships, programs, technology, professional development, and special projects that enhance and strengthen the college and its students. The College of Southern Maryland Foundation Inc plays a pivotal role in fostering a conducive learning environment for its students, by promoting initiatives that cater to their academic and professional growth.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The College of Southern Maryland Foundation Inc makes a significant impact by supporting the educational endeavors of the College of Southern Maryland. In fiscal year 2022 alone, the foundation provided scholarships to 725 students, enhancing access to education and helping to alleviate financial barriers for individuals pursuing their academic goals.
Additionally, the foundation invests in vital resources and infrastructure, including donations to the college's technology resources and support for the Physical Education Wellness Center. This commitment not only enriches the learning environment but also ensures students and faculty have the tools they need to succeed.
By fostering scholarships, supporting key programs, and promoting professional development, the foundation strengthens the overall educational landscape at the College of Southern Maryland. Their efforts enable growth and development for students, faculty, and the community at large, making a lasting impact on the region's education system.
This information is meant to be a general summary of College Of Southern Maryland 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: $368,395
- Gross Receipts: $8,484,903
Assets and Liabilities:
- Total Assets: $15,455,260
- Total Liabilities: $41,697
- Net Assets: $15,413,563
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1970
Phone
(301) 934-2251Principal Officer
Dr Yolanda Wilson
Main Address
PO BOX 910, LAPLATA, MD, 206460910
Website
www.csmd.edu/foundationNTEE Category
Code: B114 - Education
If you are a representative of College Of Southern Maryland Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.