Overview
What is The Edison Foundation?
The Edison Foundation is a charitable organization, situated in Piqua, Ohio, primarily dedicated to supporting Edison State Community College. Its mission encompasses various initiatives, including aiding economically disadvantaged students, managing the Cooperating Collection – a resource center for grant seekers, and promoting capital improvement projects for the college through fundraising efforts. The foundation's purpose is to enhance the educational experiences and opportunities at Edison Community College, solidifying its role as a crucial supporter of this public institution of higher learning.
Official website here: www.edisonohio.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Edison Foundation has received an impressive Four-Star rating from Charity Navigator, scoring 97%. This high score reflects its strong accountability and financial health, with the rating derived entirely from a single beacon score focused on these criteria. The foundation demonstrates effective governance, with a fully independent board comprising 23 members, and has implemented robust policies for conflict of interest, whistleblower protections, and document retention.
Financially, the foundation excels with a program expense ratio of 99.91%, indicating that nearly all funds are directed towards its mission. Additionally, it maintains a low liabilities to assets ratio of 0.81%, showcasing its sound financial management. The organization has also ensured transparency by listing its website on its tax form, which contributes positively to its overall accountability.
While the rating highlights numerous strengths, it's essential to remain aware that the evaluation is based solely on accountability and finance metrics. There may be other factors, such as program impact or community engagement, that are not reflected in this score but are important for a comprehensive understanding of the foundation's effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Edison Foundation?
82% of reviewers on Facebook would recommend The Edison Foundation, with a total of 52 reviews. Here's a summary of their impressions:
Many users expressed their excitement about the performances hosted by the foundation, with one user highlighting that it surpassed the well-known production "Cats," indicating a high level of satisfaction with the quality of the shows. Enthusiastic sentiments like wanting to see the productions repeatedly suggest that attendees have a positive experience and appreciate the value offered.
Overall, it seems that The Edison Foundation has successfully delivered engaging and enjoyable performances that resonate with its audience, fostering a loyal following eager to return for more.
This AI summary has been generated from reviews found on Facebook.
Is The Edison Foundation legitimate?
The Edison Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Edison 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.edisonohio.edu
What is the mission statement of The Edison Foundation?
The Edison Foundation's primary purpose is to support Edison State Community College in Ohio. It achieves this by promoting and funding various programs, departments, services, and capital improvement projects of the college. The foundation solicits and manages funds raised through donations, bequests, endowments, grants, and other means for the benefit of Edison State Community College. The mission of the foundation is also to effectively carry forward its purpose through necessary and proper means.
Official website here: www.edisonohio.edu
Who is the CEO of The Edison Foundation?
Dr Richard Hanes is the Executive Di of The Edison Foundation.
Official website here: www.edisonohio.edu
What is the revenue of The Edison Foundation?
The Edison Foundation's revenue in 2023 was $498,679.
Official website here: www.edisonohio.edu
Who are the executives of The Edison Foundation and what are their salaries?
There 50 volunteers at The Edison Foundation.
Here are 23 key members and their salaries:
- Compensation: $0
- Related: $118,306
- Other: $47,607
- Compensation: $0
- Related: $100,000
- Other: $57,241
- Compensation: $0
- Related: $103,800
- Other: $38,428
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.edisonohio.edu
Where can I find the form 990 for The Edison Foundation?
The Edison Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.edisonohio.edu
Learn more at the official website: www.edisonohio.edu
Mission Statement of The Edison Foundation
The Edison Foundation serves a crucial role in supporting Edison State Community College, a public institution of higher education. Its primary objective is to promote and fund various programs, private scholarships, services, and capital improvement projects at the college. The foundation accomplishes this by soliciting, receiving, holding, and administering funds from various sources, including gifts, life income contracts, bequests, endowments, grants, and other means. The ultimate goal is to benefit Edison Community College in its mission to provide quality education and opportunities for its students. By operating exclusively for the benefit of the college, The Edison Foundation plays a significant role in supporting its growth and development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Edison Foundation's impact lies in providing assistance to economically disadvantaged students of Edison State Community College, enabling them to pursue their educational goals and enhance their future prospects. Additionally, the foundation runs programs like the Graduate Academy for Community Leadership to develop tomorrow's leaders. Through initiatives like managing the Cooperating Collection, a free funding information center, the foundation equips grantseekers with essential resources to secure financial support for various projects. Overall, the Edison Foundation plays a crucial role in supporting the programs, services, and capital improvement projects of Edison State Community College, fostering a more inclusive and thriving educational environment.
This information is meant to be a general summary of The Edison 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: $86,565
- Gross Receipts: $8,002,608
Assets and Liabilities:
- Total Assets: $3,625,481
- Total Liabilities: $29,407
- Net Assets: $3,596,074
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1993
Phone
(937) 778-7806Principal Officer
Dr Richard Hanes
Main Address
1973 EDISON DRIVE, PIQUA, OH, 453569239
Website
www.edisonohio.eduNTEE Category
Code: Z99Z - Unknown
If you are a representative of The Edison Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.