Overview
What is Newark Campus Development Fund?
The Newark Campus Development Fund (NCDF) is a nonprofit organization established in 1983, based in Newark, Ohio. Its primary mission is to support the Ohio State University's Newark campus and Central Ohio Technical College by funding scholarships, grants, innovative projects, and capital improvements that are not covered by state resources. Over the past 40 years, the NCDF has raised over $46 million, funding numerous projects such as the Everett Reese Bell Tower, John and Christine Warner Library and Student Center, and John and Mary Alford Center for Science and Technology. Unrestricted scholarship and grant funds are instrumental in helping students overcome financial challenges. The NCDF is locally controlled by a board of trustees and enjoys the support of generous donors, businesses, and organizations who share a commitment to providing access to education for all qualified individuals.
Official website here: www.ncdfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star rating
The Newark Campus Development Fund has earned a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This rating reflects a comprehensive evaluation based solely on the organization's financial practices, with an impressive score of 90% in financial performance.
The organization demonstrates a commitment to transparency and governance, as evidenced by its 100% independent board and robust policies, including conflict of interest and whistleblower protections. Additionally, the Fund maintains a solid program expense ratio of 90.82%, signifying that the majority of its resources are directed towards its mission-driven activities.
Financially, the Newark Campus Development Fund shows excellent efficiency with a fundraising cost of only $0.01 per dollar raised and a remarkable working capital ratio of 9.62 years, suggesting strong fiscal management and sustainability. Overall, the organization’s high scores and policies indicate a well-managed nonprofit that is effectively supporting its objectives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Newark Campus Development Fund?
92% of 42 reviewers on Facebook recommend the Newark Campus Development Fund. Here's a summary of their reviews:
Most reviewers express a strong appreciation for the support and resources offered by the nonprofit, particularly highlighting its positive impact on students transitioning to campus life. Many feel that the organization effectively fosters a sense of community, making the adjustment period smoother for newcomers. The commitment to providing helpful services and reliable information appears to resonate well with users.
While the reviews largely stem from students' experiences, the general sentiment reflects satisfaction with both the environment created by the nonprofit and the assistance provided. Overall, the Newark Campus Development Fund is seen as a valuable asset for students navigating their educational journey, earning its positive reputation among peers.
This AI summary has been generated from reviews found on Facebook.
Is Newark Campus Development Fund legitimate?
Newark Campus Development Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newark Campus Development Fund 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:
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For more financial information, click here
Official website here: www.ncdfund.org
What is the mission statement of Newark Campus Development Fund?
The Newark Campus Development Fund's mission is to support the educational institution by funding scholarships, grants, innovative projects, and capital improvements that are not covered by other state resources. Established over four decades ago, this organization has been instrumental in providing over $46 million in financial assistance, contributing to the construction of various facilities and providing technological equipment. The Newark Campus Development Fund aims to maintain and enhance the level of educational excellence and personalized attention at the institution, addressing the growing needs of its students, many of whom face financial challenges. The fund provides unrestricted scholarship and grant funds to help meet the needs of students that state and federal resources cannot, contributing significantly to their educational journey.
Official website here: www.ncdfund.org
Who is the CEO of Newark Campus Development Fund?
Jennifer Roberts is the Principal Officer of Newark Campus Development Fund.
Official website here: www.ncdfund.org
What is the revenue of Newark Campus Development Fund?
Newark Campus Development Fund's revenue in 2022 was $5,392,589.
Official website here: www.ncdfund.org
Who are the executives of Newark Campus Development Fund and what are their salaries?
Here are 15 key members and their salaries:
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Official website here: www.ncdfund.org
Where can I find the form 990 for Newark Campus Development Fund?
Newark Campus Development Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ncdfund.org
Learn more at the official website: www.ncdfund.org
Mission Statement of Newark Campus Development Fund
The Newark Campus Development Fund, a perpetual and locally controlled source of funding, is committed to supporting the Newark campus of The Ohio State University and Central Ohio Technical College. Its mission is to provide scholarships, grants, innovative projects, and capital improvements that are not covered by any other state resource. By doing so, the organization aims to enhance the educational experience of students by offering a research-based education in a small, private, liberal arts setting. The Newark Campus Development Fund relies on the generosity of donors, businesses, and organizations to fund its campaigns, thereby creating a beautiful college campus that caters to the needs of motivated and qualified individuals. The fund is controlled locally by a board of trustees with deep roots within the community, ensuring that the funding is utilized effectively to meet the evolving needs of the campus.
Over the past four decades, the Newark Campus Development Fund has made significant contributions to the growth and development of the campus. It has provided over $46 million in scholarships, grants, and capital investments, funding various projects such as the construction of the Everett Reese Bell Tower, the J Gilbert Reese Technology Center, the John and Christine Warner Library and Student Center, and the John and Mary Alfred Center for Science and Technology. Additionally, the fund has provided funds for technological equipment, parking, and campus beautification. The Newark Campus Development Fund also supports projects and scholarship needs that state and federal resources cannot meet, playing a crucial role in helping students overcome financial difficulties in paying for books, tuition, and living expenses. In the academic year ending on June 30, 2022, the fund provided 736 scholarships and 11 grants, demonstrating its commitment to supporting the educational aspirations of students.
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Impact
October, 2024
The Newark Campus Development Fund (NCDF) has made a significant impact on the Newark Campus of The Ohio State University and Central Ohio Technical College by providing financial support where it's needed most. Over its 40-year history, NCDF has allocated more than $46 million in scholarships, grants, and capital investments, allowing students to thrive in a unique educational environment that merges the benefits of a Big Ten research institution with the intimacy of a small liberal arts setting.
The NCDF plays a crucial role in addressing the financial challenges that many students face, particularly during times of increasing tuition and living costs. In the 2021-2022 academic year, for example, NCDF funded 736 scholarships and 11 grants, directly enhancing student access to quality education. By offering unrestricted scholarship and grant funding, NCDF alleviates the burden on students who are balancing part-time jobs and education, particularly those with young families.
Moreover, NCDF has financed various capital projects that beautify and enhance the college campus, such as the construction of the Everett Reese Bell Tower and the J. Gilbert Reese Technology Center, among others. These investments are not only physical improvements but also provide essential technological resources and facilities that enrich the educational experience.
In essence, the NCDF cultivates a supportive environment for education in Newark, ensuring that financial barriers do not impede motivated individuals from accessing higher education and achieving their academic goals.
This information is meant to be a general summary of Newark Campus Development Fund. 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: $2,563,108
- Gross Receipts: $21,383,837
Assets and Liabilities:
- Total Assets: $46,188,618
- Total Liabilities: $0
- Net Assets: $46,188,618
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Organization Details
Founding Year
1982
Phone
(740) 345-8983Principal Officer
Jennifer Roberts
Main Address
25 E WALNUT STREET PO BOX 4217, NEWARK, OH, 430584217
Website
www.ncdfund.orgNTEE Category
Code: B43 - Education
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