Overview
What is William Rainey Harper College Educational Foundation?
The William Rainey Harper College Educational Foundation is a 501(c)(3) nonprofit organization established in 1973, located in Palatine, Illinois. Its primary mission is to provide scholarships and enhance the educational environment and programming at Harper College. The foundation oversees over 225 scholarships annually, supporting over 2,053 individuals who face academic achievement barriers. Additionally, it offers program grants, funding excellence in teaching and learning. Past recipients include programs serving women, minority students, students with disabilities, and degree programs in healthcare, manufacturing, and science. The foundation also maintains an extensive art collection of nearly 400 pieces, valued at approximately $2.8 million, which serves as a resource for artistic study and community appreciation. In 2022, the ownership of the art collection was transferred to Harper College. The foundation's vision is to provide opportunities for Harper College students to transform their lives and enrich the community without financial barriers.
Official website here: www.harpercollege.edu
Is William Rainey Harper College Educational Foundation legitimate?
William Rainey Harper College Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. William Rainey Harper College Educational 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.
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Official website here: www.harpercollege.edu
What is the mission statement of William Rainey Harper College Educational Foundation?
The William Rainey Harper College Educational Foundation, established in 1973 as a non-profit organization, aims to provide funding and resources for the college that are not accessible through regular government and tax sources. Their vision is to offer opportunities for all Harper College students to enhance their lives and contribute to the community through education, regardless of financial barriers. The mission of the foundation is to foster connections between the college, alumni, businesses, and community leaders, inspiring philanthropic support to empower students and enrich the educational environment and programming.
Official website here: www.harpercollege.edu
What is the revenue of William Rainey Harper College Educational Foundation?
William Rainey Harper College Educational Foundation's revenue in 2023 was $2,306,930.
Official website here: www.harpercollege.edu
Who are the executives of William Rainey Harper College Educational Foundation and what are their salaries?
There 80 volunteers at William Rainey Harper College Educational Foundation.
Here are 36 key members and their salaries:
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Official website here: www.harpercollege.edu
Where can I find the form 990 for William Rainey Harper College Educational Foundation?
William Rainey Harper College Educational Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.harpercollege.edu
Learn more at the official website: www.harpercollege.edu
Mission Statement of William Rainey Harper College Educational Foundation
The William Rainey Harper College Educational Foundation, established in 1973, functions as a non-profit 501(c)(3) organization with a mission to enhance the educational environment and programming at Harper College. This mission is driven by the foundation's vision to provide opportunities for all Harper College students to transform their lives and contribute positively to the community, mitigating any financial barriers to education. The foundation connects Harper College with the wider community, alumni, businesses, and leaders, inspiring and aligning their generosity through philanthropic support for students and program enrichments. By doing so, the William Rainey Harper College Educational Foundation empowers the college to reach new heights and provide its students with a comprehensive and enriching educational experience.
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Impact
October, 2024
William Rainey Harper College Educational Foundation significantly impacts students and the broader community through its robust scholarship programs and commitment to enhancing educational quality. Annually, the foundation oversees more than 225 scholarships, benefiting over 2,053 individuals. These scholarships play a crucial role in alleviating financial barriers, allowing students—particularly those facing challenges—to pursue their academic goals.
In addition to offering scholarships, the foundation supports innovative educational initiatives through its Resources for Excellence Grant process. This program provides seed funding for projects that promote excellence in teaching and learning. It has notably funded programs aimed at women, minority students, and individuals with disabilities, as well as degree programs in critical fields such as healthcare, manufacturing, and science.
The foundation also enriches the cultural landscape of the community through its extensive art collection, which includes nearly 400 pieces valued at approximately $2.8 million. This collection serves as a valuable resource for artistic study and elevates community appreciation for the arts.
Overall, the foundation's efforts not only transform the lives of students but also contribute to the vitality and inclusiveness of the community in Palatine, IL.
This information is meant to be a general summary of William Rainey Harper College Educational 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $714,807
- Gross Receipts: $48,918,638
Assets and Liabilities:
- Total Assets: $50,154,930
- Total Liabilities: $380,508
- Net Assets: $49,774,422
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Organization Details
Founding Year
1973
Principal Officer
Heather Zoldak
Website
www.harpercollege.eduNTEE Category
Code: B11 - Education
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