Overview
What is Lubbock-Cooper Education Foundation?
The Lubbock-Cooper Education Foundation is a nonprofit organization based in Lubbock, Texas. Their primary mission is to offer financial assistance and supplemental support for post-secondary education to students within the Lubbock-Cooper Independent School District (LCISD). This includes initiatives to enhance student success in learning and preparation for higher education and the workforce. Another significant aspect of their work involves providing post-secondary education scholarships for students who graduate from LCISD. The foundation's goal is to create opportunities for students to thrive academically and professionally.
Official website here: www.lubbockcooperfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
The Lubbock-Cooper Education Foundation has earned a 76% rating from Charity Navigator, indicating a solid performance in accountability and finance. The charity has achieved full marks for having a majority of independent board members and for maintaining a strong liabilities to assets ratio, reflecting good financial health. Additionally, the foundation allocates a high percentage of its expenses directly to programs, demonstrating a commitment to its educational mission.
However, the organization has notable weaknesses in governance policies, as it lacks essential documents such as a conflict of interest policy, a whistleblower policy, and a document retention policy. These gaps could impact overall transparency and accountability. While the foundation performs well in several key areas, addressing these missing policies would enhance its operational integrity.
Overall, while the Lubbock-Cooper Education Foundation shows strengths in financial management and program delivery, it would benefit from improving its governance practices to align with best practices in nonprofit management. Addressing the identified limitations could strengthen stakeholder confidence and enhance its reputation in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Lubbock-Cooper Education Foundation legitimate?
Lubbock-Cooper Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lubbock-Cooper Education 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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Official website here: www.lubbockcooperfoundation.org
What is the mission statement of Lubbock-Cooper Education Foundation?
The Lubbock-Cooper Education Foundation's mission is geared towards enhancing the educational prospects of students within the independent school district. Specifically, they aim to increase student success in learning and preparation for higher education and the workforce. Furthermore, they offer post-secondary education scholarships for students who graduate from the district. Their primary activity involves providing financial assistance for post-secondary education.
Official website here: www.lubbockcooperfoundation.org
Who is the CEO of Lubbock-Cooper Education Foundation?
Amy Punchard is the President of Lubbock-Cooper Education Foundation.
Official website here: www.lubbockcooperfoundation.org
What is the revenue of Lubbock-Cooper Education Foundation?
Lubbock-Cooper Education Foundation's revenue in 2022 was $428,168.
Official website here: www.lubbockcooperfoundation.org
Who are the executives of Lubbock-Cooper Education Foundation and what are their salaries?
Here are 17 key members and their salaries:
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Official website here: www.lubbockcooperfoundation.org
Where can I find the form 990 for Lubbock-Cooper Education Foundation?
Lubbock-Cooper Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lubbockcooperfoundation.org
Learn more at the official website: www.lubbockcooperfoundation.org
Mission Statement of Lubbock-Cooper Education Foundation
The Lubbock-Cooper Education Foundation, a nonprofit organization, is dedicated to enhancing the educational experiences of students within the Lubbock-Cooper Independent School District (LCISD). The Foundation's mission is twofold. Firstly, it aims to provide supplementary support and educational opportunities to LCISD students, with a focus on fostering student success in learning, higher education, and workforce preparation. Secondly, it offers post-secondary education scholarships for students graduating from LCISD. This financial assistance is designed to facilitate their pursuit of further education. In essence, the Lubbock-Cooper Education Foundation serves to enrich the academic journey of its students, enabling them to reach higher educational milestones and succeed in their future endeavors.
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Impact
June, 2024
The Lubbock-Cooper Education Foundation's impact is profound in providing supplemental support and educational opportunities to students of the Lubbock-Cooper Independent School District. Through their efforts to increase student success in learning and preparation for higher education and the workforce, the Foundation plays a crucial role in enhancing the educational experience for students in the district. Additionally, by offering post-secondary education scholarships for graduating students, the Foundation significantly contributes to the pursuit of higher education and career advancement for individuals within the community.
This information is meant to be a general summary of Lubbock-Cooper Education 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: $368
- Gross Receipts: $584,272
Assets and Liabilities:
- Total Assets: $293,193
- Total Liabilities: $0
- Net Assets: $293,193
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Organization Details
Founding Year
2014
Phone
(806) 863-7100Principal Officer
Amy Punchard
Main Address
PO BOX 53246, LUBBOCK, TX, 79453
NTEE Category
Code: F03 - Mental health
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