Overview
What is Blue Ridge Community & Technical College Foundation Inc?
Blue Ridge Community & Technical College Foundation Inc is a nonprofit organization that fosters a collaborative relationship between the college and the local community. Their primary objective is to support students attending Blue Ridge Community and Technical College by raising funds. These funds are utilized in various ways, such as aiding students financially, improving existing facilities, and broadening the curriculum. Scholarships are a significant focus, with awards given to both academically gifted and financially disadvantaged students. Furthermore, the foundation offers individual scholarships to high school students attending the college, providing assistance to those who may need it.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating.
The Blue Ridge Community & Technical College Foundation Inc has received a solid Three-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With an overall score of 86%, the organization demonstrates effective management of its resources, primarily indicated by its impressive Program Expense Ratio of 95.56%, showcasing that the vast majority of its funds are directed towards its programs.
Strengths of the foundation include its fully independent board, which consists of 17 members, and a robust financial oversight structure, illustrated by perfect scores in areas such as financial statements audit and conflict of interest policies. The absence of material diversion of assets further emphasizes the organization's integrity in handling its funds.
While the foundation's financial metrics are commendable, potential donors and supporters should always consider broader impact metrics beyond accountability and finance. Engaging with the foundation's programs and understanding their community impact can provide a more comprehensive view of their effectiveness in fulfilling their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Blue Ridge Community & Technical College Foundation Inc legitimate?
Blue Ridge Community & Technical College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Ridge Community & Technical 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.
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What is the mission statement of Blue Ridge Community & Technical College Foundation Inc?
The Blue Ridge Community & Technical College Foundation Inc's mission is centered around fostering a collaborative relationship between the college and the community. The primary objective is to raise funds that facilitate student attendance at the college, improve existing facilities, and expand the curriculum. A significant focus is on providing scholarships, not just for academically exceptional students, but also for those with financial needs. The foundation serves as a means of assistance for students in the community who may require financial aid. It awards scholarships to high school students pursuing higher education at the college.
What is the revenue of Blue Ridge Community & Technical College Foundation Inc?
Blue Ridge Community & Technical College Foundation Inc's revenue in 2024 was $237,859.
Who are the executives of Blue Ridge Community & Technical College Foundation Inc and what are their salaries?
Here are 15 key members and their salaries:
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Where can I find the form 990 for Blue Ridge Community & Technical College Foundation Inc?
Blue Ridge Community & Technical College Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Blue Ridge Community & Technical College Foundation Inc
The Blue Ridge Community & Technical College Foundation Inc, in its mission, fosters an enduring collaboration between the college and the community. This partnership aims to raise funds that ensure access to education for students at Blue Ridge Community and Technical College. The Foundation's primary objectives include financing the college's infrastructure improvements, broadening the curriculum, and offering scholarships to academically gifted and financially disadvantaged students. By doing so, it creates opportunities for community members who may require financial assistance to attend the college. The Blue Ridge Community & Technical College Foundation Inc is committed to assisting students in their academic journey, providing individual awards and scholarships to high school students who enroll in the college.
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Impact
October, 2024
Blue Ridge Community & Technical College Foundation Inc creates a significant impact by fostering educational opportunities and enhancing the community's academic landscape. By raising funds, the Foundation aids students in attending Blue Ridge Community and Technical College, ensuring that financial barriers do not hinder access to education.
The Foundation prioritizes providing scholarships, supporting both academically gifted and financially needy students, thus offering vital assistance to those who might otherwise struggle to pursue higher education. This commitment not only promotes individual academic achievement but also ensures a diverse and equitable educational environment.
In addition to scholarships, the Foundation invests in improving existing facilities and expanding the curriculum, further enriching the educational experience for all students. By enhancing resources and opportunities, the Foundation contributes to the overall development of the community, empowering individuals and fostering a more educated workforce that benefits everyone. Through these efforts, Blue Ridge Community & Technical College Foundation Inc plays a crucial role in shaping the future of education in Martinsburg, WV.
This information is meant to be a general summary of Blue Ridge Community & Technical 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 2024.
- Investment Income: $153,154
- Gross Receipts: $240,204
Assets and Liabilities:
- Total Assets: $1,859,569
- Total Liabilities: $11,123
- Net Assets: $1,848,446
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Organization Details
Founding Year
2011
Principal Officer
Kenneth Barton
NTEE Category
Code: B11 - Education
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