Overview
What is Motlow College Foundation?
The Motlow College Foundation is a nonprofit organization situated in Lynchburg, Tennessee. Its primary mission is to support and bolster the activities and programs at Motlow State Community College. This entails offering scholarships to students and facilitating professional development opportunities for the college's faculty and staff. The foundation is dedicated to providing educational and other forms of assistance to the institution, thereby contributing to its overall growth and success.
Official website here: www.mscc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star Rating
Motlow College Foundation has received a rating of 77%, earning a Three-Star designation on Charity Navigator. This score is derived entirely from its Accountability & Finance metrics, indicating a strong focus on the responsible management of financial resources. The rating suggests that the Foundation operates with a solid level of transparency and accountability.
The organization demonstrates strengths in several key areas, including having an entirely independent board of members and no material diversion of assets. It has also excelled in its program expense ratio, dedicating over 90% of its expenses directly to program services. Additional strengths include a well-documented conflict of interest policy, a practice of retaining important documents, and maintaining meeting minutes, which further reinforces its commitment to governance and accountability.
However, while the Foundation shows a commendable commitment to fiscal responsibility, the overall score reflects that it relies solely on financial metrics without additional measures of impact or effectiveness. This concentration on finance may limit a more comprehensive understanding of the Foundation's broader contributions to its community.
This AI summary has been generated from information found on Charity Navigator.
Is Motlow College Foundation legitimate?
Motlow College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Motlow College 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mscc.edu
What is the mission statement of Motlow College Foundation?
The Motlow College Foundation's mission is centered around supporting the activities and programs at Motlow State Community College. In pursuit of this goal, they are dedicated to providing educational and other forms of assistance. Specifically, they offer scholarships for students and faculty development opportunities for the college's employees. This commitment to the college's growth and success is a testament to the foundation's mission to contribute to the educational landscape.
Official website here: www.mscc.edu
Who is the CEO of Motlow College Foundation?
Renee Austin is the Chairman Trustee of Motlow College Foundation.
Official website here: www.mscc.edu
What is the revenue of Motlow College Foundation?
Motlow College Foundation's revenue in 2023 was $971,085.
Official website here: www.mscc.edu
Who are the executives of Motlow College Foundation and what are their salaries?
There 15 volunteers at Motlow College Foundation.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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Official website here: www.mscc.edu
Where can I find the form 990 for Motlow College Foundation?
Motlow College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mscc.edu
Learn more at the official website: www.mscc.edu
Mission Statement of Motlow College Foundation
The Motlow College Foundation serves a crucial role in supporting the activities and programs of Motlow State Community College. In pursuit of its mission, this nonprofit organization provides educational and other forms of assistance to the esteemed institution. By offering scholarships for students and facilitating faculty and staff development, the Motlow College Foundation plays a significant part in enhancing the academic environment and overall growth of Motlow State Community College. The foundation's contributions ultimately contribute to the success of the students and the college as a whole.
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Impact
October, 2024
Motlow College Foundation significantly enhances the educational landscape at Motlow State Community College through targeted support for scholarships and faculty development. By providing financial assistance to students, it enables greater access to higher education, helping to reduce the financial barriers that often impede academic success. This support fosters a more inclusive environment, empowering a diverse range of students to pursue their educational goals.
Additionally, the foundation invests in the professional growth of faculty and staff. By facilitating developmental opportunities, it ensures that educators are well-equipped with the latest knowledge and skills, ultimately enriching the learning experiences of students. This dual focus on student scholarships and employee development cultivates an academic culture that promotes excellence, innovation, and continuous improvement.
Located in Lynchburg, Tennessee, this commitment to educational support plays a vital role in the community, contributing to the overall development of individuals and, by extension, the region. Through its initiatives, the Motlow College Foundation strengthens the mission of Motlow State Community College, allowing it to thrive as a cornerstone of educational attainment and community development.
This information is meant to be a general summary of Motlow College 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: $256,342
- Gross Receipts: $2,974,910
Assets and Liabilities:
- Total Assets: $10,082,493
- Total Liabilities: $22,676
- Net Assets: $10,059,817
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Organization Details
Founding Year
1972
Phone
(931) 393-1640Principal Officer
Renee Austin
Main Address
PO Box 8500, Lynchburg, TN, 37352
Website
www.mscc.eduNTEE Category
Code: B42I - Education
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