Overview
What is Cincinnati State Technical And Community College Foundation?
The Cincinnati State Technical and Community College Foundation is a charitable organization situated in Cincinnati, Ohio, specifically at 3520 Central Parkway, 45223. Its primary purpose is to support the educational mission of Cincinnati State and Technical Community College. This includes funding for general operational expenses, scholarships, financial aid, and educational programs. During the COVID-19 pandemic, the foundation has played a crucial role by aiding students facing extreme challenges with student relief funds. The foundation's work is not limited to financial support; it also extends to assisting students who are encountering difficulties due to the pandemic.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Cincinnati State Technical and Community College Foundation has achieved a strong Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a perfect score in accountability and finance, the foundation demonstrates robust governance practices, ensuring that funds are utilized effectively for their intended purpose.
The foundation's strengths lie in its independent board structure, with all eight members being independent, and a commendable program expense ratio of 78.81%. This suggests that a significant portion of their resources is directed towards programs rather than administrative costs, reflecting a commitment to maximizing impact for their beneficiaries.
Additionally, the foundation has implemented comprehensive policies regarding conflict of interest, whistleblower protections, and document retention. There are no reported issues with asset diversion, which further enhances its credibility and trustworthiness among donors and stakeholders. Overall, Cincinnati State Technical and Community College Foundation exemplifies strong management and transparency in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Cincinnati State Technical And Community College Foundation legitimate?
Cincinnati State Technical And Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cincinnati State Technical And Community 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.
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Professional Fundraising Fees: $36,500
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What is the mission statement of Cincinnati State Technical And Community College Foundation?
The mission of Cincinnati State Technical and Community College Foundation is centered around supporting the educational mission of Cincinnati State and Technical Community College. Specifically, the foundation aims to provide financial assistance for the college's general operations, student scholarships, financial aid, and educational program funding. Additionally, during the COVID-19 pandemic, the foundation has been instrumental in helping students who are facing extreme challenges by utilizing student relief funds.
Who is the CEO of Cincinnati State Technical And Community College Foundation?
John Mcclure is the Treasurer of Cincinnati State Technical And Community College Foundation.
What is the revenue of Cincinnati State Technical And Community College Foundation?
Cincinnati State Technical And Community College Foundation's revenue in 2022 was $2,648,222.
Who are the executives of Cincinnati State Technical And Community College Foundation and what are their salaries?
There 150 volunteers at Cincinnati State Technical And Community College Foundation.
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Where can I find the form 990 for Cincinnati State Technical And Community College Foundation?
Cincinnati State Technical And Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cincinnati State Technical And Community College Foundation
The Cincinnati State Technical and Community College Foundation is dedicated to supporting the educational mission of Cincinnati State and Technical Community College. This nonprofit organization aims to provide assistance in various aspects of the college's operations, including general funding, student scholarships, financial aid, and educational programs. Furthermore, during the challenges posed by the COVID-19 pandemic, the foundation has taken initiative to aid students facing extreme hardships through the use of student relief funds.
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Impact
October, 2024
Cincinnati State Technical and Community College Foundation significantly enhances the educational landscape by supporting the mission of Cincinnati State Technical and Community College. The foundation provides vital resources that contribute to general operating expenses, student scholarships, financial aid, and funding for educational programs.
In particular, it plays a crucial role in assisting students facing significant challenges, such as those exacerbated by the COVID-19 pandemic, through the provision of student relief funds. By alleviating financial burdens, the foundation empowers students to focus on their education, achieve their goals, and ultimately contribute to the community. The foundation's efforts ensure that quality education remains accessible, fostering a thriving academic environment in Cincinnati, Ohio.
This information is meant to be a general summary of Cincinnati State Technical And Community 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 2022.
- Investment Income: $960,910
- Gross Receipts: $5,839,512
Assets and Liabilities:
- Total Assets: $15,677,261
- Total Liabilities: $429,466
- Net Assets: $15,247,795
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Organization Details
Phone
(513) 569-1451Principal Officer
John Mcclure
Main Address
3520 CENTRAL PARKWAY, CINCINNATI, OH, 45223
NTEE Category
Code: B31I - Education
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