Overview
What is Pitt Community College Foundation Inc?
Pitt Community College Foundation Inc is a charitable organization situated in Greenville, North Carolina. Their primary objective is to garner contributions and procure external funding for the betterment of Pitt Community College. This includes supporting scholarships, enhancing academic programs, and backing various student activities, athletics, and campus construction projects. The foundation aims to amplify the resources available to the college, thereby contributing to its overall growth and development.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94% (Four-Star out of Four Star rating)
The Pitt Community College Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a score of 94% overall, the foundation demonstrates strong governance practices, highlighted by having a fully independent board and excellent financial oversight mechanisms. The organization maintains a low liabilities to assets ratio, showcasing its financial stability.
One of the key strengths of the foundation is its program expense ratio, which stands at an impressive 96.19%. This suggests that a significant majority of the funds raised are directed towards fulfilling its mission rather than administrative costs. Additionally, the foundation has robust policies in place concerning conflict of interest and document retention, further reflecting its commitment to transparency and ethical management.
Despite the positive indicators, no limitations or concerns were noted within the available data. Overall, the Pitt Community College Foundation Inc exemplifies a strong and responsible nonprofit organization, effectively utilizing its resources to support its educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Pitt Community College Foundation Inc legitimate?
Pitt Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pitt 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:
Executive Compensation: $0
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Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Pitt Community College Foundation Inc?
The Pitt Community College Foundation Inc's mission is centered around receiving donations and securing external resources. These resources are primarily utilized for providing scholarships, supporting academic programs, and funding various activities within Pitt Community College. In essence, their role is to enhance the educational experiences and opportunities within the college community.
Who is the CEO of Pitt Community College Foundation Inc?
Mrs Beth Sigmon is the Executive Dir. of Pitt Community College Foundation Inc.
What is the revenue of Pitt Community College Foundation Inc?
Pitt Community College Foundation Inc's revenue in 2022 was $2,691,857.
Who are the executives of Pitt Community College Foundation Inc and what are their salaries?
There 75 volunteers at Pitt Community College Foundation Inc.
Here are 29 key members and their salaries:
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Where can I find the form 990 for Pitt Community College Foundation Inc?
Pitt Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pitt Community College Foundation Inc
Pitt Community College Foundation's mission, in essence, revolves around receiving contributions and securing external resources. This mission is primarily aimed at benefiting the academic programs, scholarships, and various activities at Pitt Community College. In simpler terms, the foundation serves as a bridge between external donors and the college, ensuring that valuable resources are channeled towards enriching student experiences and campus developments. By doing so, Pitt Community College Foundation plays a significant role in supporting the college's endeavors, thereby contributing to the overall educational growth and success of its students.
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Impact
October, 2024
Pitt Community College Foundation Inc significantly enhances the educational landscape by securing essential resources for scholarships, academic programs, and student activities at Pitt Community College. By attracting contributions, the Foundation helps alleviate the financial burden on students, making education more accessible.
The Foundation plays a vital role in funding scholarships that empower students to pursue their academic goals, thereby promoting higher education in the Greenville, NC area. Additionally, it supports various student activities and athletics, fostering a vibrant campus culture that enriches the overall college experience.
The contributions also extend to campus construction projects, ensuring that Pitt Community College can maintain and expand its facilities to meet the needs of its student body. Overall, the Foundation's efforts create a positive ripple effect, bolstering both individual student success and the broader educational mission of Pitt Community College.
This information is meant to be a general summary of Pitt 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: $246,132
- Gross Receipts: $2,778,725
Assets and Liabilities:
- Total Assets: $10,981,550
- Total Liabilities: $32,103
- Net Assets: $10,949,447
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Organization Details
Founding Year
1973
Phone
(252) 493-7210Principal Officer
Mrs Beth Sigmon
Main Address
PO Drawer 7007, Greenville, NC, 27835
NTEE Category
Code: B11 - Education
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