Overview
What is Kankakee Comm Coll Foundation Inc?
Kankakee Comm Coll Foundation Inc, located in Kankakee, Illinois, is a dedicated nonprofit organization. Their primary mission is to extend financial aid and scholarships to students, thereby promoting educational opportunities at Kankakee Community College. The foundation plays a significant role in covering expenses for students and making payments to third parties on their behalf. This support is instrumental in empowering students to pursue their academic goals, contributing to the growth and development of the community college.
Official website here: www.foundation.kcc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
The Kankakee Community College Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to its mission and effective management. The overall score is derived from a combination of Accountability & Finance (44%) and Impact & Measurement (56%). With an impressive Accountability & Finance score of 92, the foundation demonstrates a responsible approach to handling funds and resources.
One of the standout strengths of this nonprofit is its Impact & Measurement score of 100. This indicates a highly effective program that significantly increases income for scholarship recipients, with the foundation generating more than $1.50 for every dollar spent. Such efficacy showcases the foundation's ability to leverage financial resources for maximum benefit to its students.
While the organization has excelled in its impact and financial accountability, details on specific challenges or limitations were not highlighted in the available data. Overall, the Kankakee Community College Foundation Inc appears to be a well-managed organization dedicated to supporting educational opportunities in its community.
This AI summary has been generated from information found on Charity Navigator.
Is Kankakee Comm Coll Foundation Inc legitimate?
Kankakee Comm Coll Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kankakee Comm Coll 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.
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Official website here: www.foundation.kcc.edu
What is the mission statement of Kankakee Comm Coll Foundation Inc?
The Kankakee Comm Coll Foundation Inc is committed to providing scholarships and financial assistance to promote educational opportunities at Kankakee Community College. This mission serves to enhance the educational prospects of students by offering financial aid and covering expenses on their behalf. The foundation's primary goal is to facilitate access to higher education, thereby empowering individuals to pursue their academic aspirations.
Official website here: www.foundation.kcc.edu
Who is the CEO of Kankakee Comm Coll Foundation Inc?
Steve Smith is the Chairman of Kankakee Comm Coll Foundation Inc.
Official website here: www.foundation.kcc.edu
What is the revenue of Kankakee Comm Coll Foundation Inc?
Kankakee Comm Coll Foundation Inc's revenue in 2022 was $864,240.
Official website here: www.foundation.kcc.edu
Who are the executives of Kankakee Comm Coll Foundation Inc and what are their salaries?
There 39 volunteers at Kankakee Comm Coll Foundation Inc.
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Official website here: www.foundation.kcc.edu
Where can I find the form 990 for Kankakee Comm Coll Foundation Inc?
Kankakee Comm Coll Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundation.kcc.edu
Learn more at the official website: www.foundation.kcc.edu
Mission Statement of Kankakee Comm Coll Foundation Inc
Kankakee Community College Foundation Inc, as a nonprofit organization, is committed to providing scholarships and financial assistance. Its mission is geared towards promoting educational opportunities for students attending Kankakee Community College. By offering scholarships and covering expenses on behalf of students, this foundation aims to make higher education more accessible and affordable. This support enables numerous individuals to pursue their educational goals, thereby contributing to the broader community by fostering a well-educated population.
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Impact
October, 2024
Kankakee Community College Foundation Inc significantly enhances educational opportunities for students at Kankakee Community College through its focused provision of scholarships and financial assistance. By alleviating the financial burdens associated with higher education, the Foundation empowers students to pursue their academic goals without the overwhelming stress of tuition and related expenses.
The Foundation plays a crucial role in ensuring that aspiring students have access to the critical resources they need to succeed. By providing both direct scholarships to individuals and assistance covering third-party expenses, it reinforces the importance of education in transforming lives and fostering career advancement.
Located in Kankakee, IL, the Foundation's impactful work not only supports individual students but also strengthens the community by promoting educational attainment and workforce development. With a commitment to making education accessible, Kankakee Community College Foundation Inc contributes to a more educated populace and a thriving local economy.
This information is meant to be a general summary of Kankakee Comm Coll 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: $536,065
- Gross Receipts: $1,003,543
Assets and Liabilities:
- Total Assets: $9,818,993
- Total Liabilities: $291,637
- Net Assets: $9,527,356
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Organization Details
Founding Year
2008
Phone
(815) 802-8100Principal Officer
Steve Smith
Main Address
100 COLLEGE DR, KANKAKEE, IL, 60901
Website
www.foundation.kcc.eduNTEE Category
Code: B82 - Education
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