Overview
What is Southwestern Community College Foundation Inc?
Southwestern Community College Foundation Inc is a nonprofit organization situated in Sylva, North Carolina, specifically at 447 College Drive. Their primary mission is to enhance educational opportunities for local students by funding the New Century Scholars (NCS) Program. This program, supported solely by private donations, aims to boost graduation rates and encourage college attendance among students. The scholarship program, often referred to as a "last dollar" scholarship, requires students to engage in community service, develop leadership skills, and prepare for higher education. The Foundation also fosters collaboration between Southwestern Community College and local schools, aiming to promote student success in the region. The Foundation's initiatives align with the college's mission to provide high-quality, innovative instruction and support, thereby promoting academic excellence and economic development.
Official website here: www.southwesterncc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
The Southwestern Community College Foundation Inc has received an impressive 96% score, earning a Four-Star rating from Charity Navigator. This rating reflects the organization's strong accountability and finance practices, which are crucial for ensuring donor trust and effective resource management. The foundation solely relies on its accountability and finance score to achieve this high rating, indicating a robust focus on transparency and responsible financial stewardship.
One of the notable strengths of this foundation is its governance structure, characterized by complete independence among board members, with 21 members who are all independent. The organization has implemented comprehensive policies, including those for conflict of interest and whistleblower protections, contributing positively to its operational integrity. Additionally, the foundation has demonstrated excellent financial management, with a program expense ratio of 78.20%, indicating that a significant portion of its funds is directed towards its charitable programs.
While the data reflects a very positive outlook, it is worth noting that the foundation's strong focus on accountability does not provide insights into its programmatic impact or community engagement outcomes. Potential donors and stakeholders may want to seek further information on the foundation's specific projects and the effectiveness of its initiatives to gain a complete understanding of its overall influence.
This AI summary has been generated from information found on Charity Navigator.
Is Southwestern Community College Foundation Inc legitimate?
Southwestern Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwestern 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.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.southwesterncc.edu
What is the mission statement of Southwestern Community College Foundation Inc?
The Southwestern Community College Foundation Inc collaborates with Southwestern Community College to enhance the provision of top-notch, innovative education and support. Their mission is to foster student achievement, promote academic excellence, and contribute to economic development. Through their initiatives, they provide financial aid in the form of scholarships, such as the New Century Scholars Program, which aims to boost local students' college enrollment rates. This scholarship program, funded by private donations, serves as a "last dollar" scholarship. It encourages scholars to engage in community service, develop leadership skills, explore career options, and prepare for college success. The foundation also facilitates collaboration between Southwestern Community College and the public schools, promoting student success in the region.
Official website here: www.southwesterncc.edu
Who is the CEO of Southwestern Community College Foundation Inc?
Brett Woods is the Principal Officer of Southwestern Community College Foundation Inc.
Official website here: www.southwesterncc.edu
What is the revenue of Southwestern Community College Foundation Inc?
Southwestern Community College Foundation Inc's revenue in 2022 was $1,109,080.
Official website here: www.southwesterncc.edu
Who are the executives of Southwestern Community College Foundation Inc and what are their salaries?
There 30 volunteers at Southwestern Community College Foundation Inc.
Here are 22 key members and their salaries:
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Official website here: www.southwesterncc.edu
Where can I find the form 990 for Southwestern Community College Foundation Inc?
Southwestern Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southwesterncc.edu
Learn more at the official website: www.southwesterncc.edu
Mission Statement of Southwestern Community College Foundation Inc
Southwestern Community College Foundation Inc partners with Southwestern Community College to enhance the institution's mission of providing high-quality, innovative instruction and support. The Foundation's mission, in essence, aims to foster student achievement, academic excellence, and economic development. Through its initiatives, the organization seeks to promote these goals, contributing to the college's overall objectives.
One of the Foundation's flagship programs is the New Century Scholars (NCS) Program. This program, funded solely by private gifts, is designed to improve local students' high school graduation rates and increase their college enrollment. New Century Scholars are expected to engage in community service activities, develop leadership skills, explore potential career paths, and prepare for success in college. By collaborating with public schools, the NCS program offers an opportunity for Southwestern Community College to contribute to student success in the region.
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Impact
October, 2024
The Southwestern Community College Foundation Inc significantly impacts educational access and success in the region by collaborating with Southwestern Community College to promote innovative instruction and support. One of its key initiatives, the New Century Scholars (NCS) Program, directly addresses the challenges faced by local students in completing their education.
Since its inception in 1995, the NCS Program has inducted over 2,648 students, focusing on helping them graduate from high school and increase their likelihood of attending college. This "last dollar" scholarship program not only provides financial assistance but also emphasizes the importance of community service, leadership development, and career exploration. Through these efforts, the Foundation fosters a supportive environment that enhances student achievement and academic excellence.
By uniting educational institutions and local schools, the Foundation plays a vital role in advancing economic development in the region, ensuring that students are well-prepared for their future academic and career endeavors. This commitment to student success is a cornerstone of the Foundation's mission, making a lasting positive impact on the community.
This information is meant to be a general summary of Southwestern 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: $705,056
- Gross Receipts: $1,192,871
Assets and Liabilities:
- Total Assets: $6,658,151
- Total Liabilities: $771
- Net Assets: $6,657,380
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Organization Details
Founding Year
1973
Phone
(828) 586-4091Principal Officer
Brett Woods
Main Address
447 College Drive, Sylva, NC, 28779
Website
www.southwesterncc.eduNTEE Category
Code: B30I - Education
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