Overview
What is Slcc Foundation?
The Slcc Foundation is a nonprofit organization based in Lafayette, Louisiana, specifically at 1101 Bertrand Drive. Its primary purpose is to manage property and investments obtained through donations, bequests, grants, and public support. These funds are utilized to supplement the finances of the District IV campuses within the Louisiana Community and Technical College System (LCTCS). The Slcc Foundation supports research activities, scholarships, and operational needs of each campus. Its mission is to enhance the quality of life for Louisiana's citizens through various educational programs offered by its colleges. LCTCS aims to increase opportunities for the state's workforce to succeed through skills training programs and provides citizens the opportunity to learn continuously. The organization is committed to teaching what is needed, when it is needed, and where it is needed within available resources.
Official website here: www.solacc.edu/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
The Slcc Foundation has earned a strong four-star rating from Charity Navigator, reflecting its commitment to accountability, financial health, and effective impact measurement. The overall score is derived from various beacon scores, with a notable 100% achieved in the Impact & Measurement category, indicating a robust evaluation of its program effectiveness. The organization maintains a high program expense ratio of 80.86%, demonstrating a strong focus on its mission-driven activities.
However, while the foundation excels in several areas, there are some limitations in its accountability and finance practices. Notably, it lacks key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which are important for ensuring transparency and governance. Despite these shortcomings, the organization has no reported material diversion of assets and has received full points in areas like financial oversight and liabilities management.
Leadership and adaptability scores are also impressive, with a perfect score of 100, indicating strong strategic direction and effective leadership within the organization. Overall, while there are areas for improvement in policy documentation, the Slcc Foundation demonstrates a solid commitment to its mission and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Slcc Foundation legitimate?
Slcc Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Slcc 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.solacc.edu/
What is the mission statement of Slcc Foundation?
The Slcc Foundation's mission is centered around improving the quality of life for the state's citizens. This is achieved primarily through educational programs offered through their colleges. The foundation aims to expand opportunities for the workforce to succeed by providing skills training programs. Furthermore, it strives to offer continuous learning opportunities for citizens. The foundation is committed to delivering necessary education at the right time, in the right place, and within available resources, ensuring that they meet the evolving needs of their community.
Official website here: www.solacc.edu/
Who is the CEO of Slcc Foundation?
Gregory P Daigle is the Director of Slcc Foundation.
Official website here: www.solacc.edu/
What is the revenue of Slcc Foundation?
Slcc Foundation's revenue in 2023 was $1,601,296.
Official website here: www.solacc.edu/
Who are the executives of Slcc Foundation and what are their salaries?
There 21 volunteers at Slcc Foundation.
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Official website here: www.solacc.edu/
Where can I find the form 990 for Slcc Foundation?
Slcc Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.solacc.edu/
Learn more at the official website: www.solacc.edu/
Mission Statement of Slcc Foundation
The Louisiana Community and Technical College System Foundation, commonly known as Slcc Foundation, is dedicated to enhancing the lives of the state's citizens by providing educational programs through its colleges. Their mission is multifaceted, aiming to expand the chances for Louisiana's workforce to thrive through skill-based training programs. Furthermore, Slcc Foundation is committed to offering continuous learning opportunities for citizens. They are dedicated to teaching the necessary skills, at the right time, and in the appropriate locations, utilizing available resources. This commitment to education is designed to improve the overall quality of life for the state's citizens.
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Impact
October, 2024
The Slcc Foundation significantly enhances the quality of life for Louisiana's citizens by supporting educational programs through its colleges. By focusing on skills training initiatives, the foundation plays a crucial role in preparing the state's workforce for success. Its commitment to continuous learning ensures that individuals have access to the training and knowledge necessary to meet the demands of the job market.
By managing property and investments obtained through donations and public support, the foundation supplements funding for the District IV campuses of the Louisiana Community and Technical College System. This funding is vital for enabling faculty, staff, and students to engage in research activities, providing scholarships, and addressing operational needs on campuses.
Through these efforts, the Slcc Foundation fosters a robust educational environment, paving the way for increased opportunities and improved livelihoods for Louisiana residents.
This information is meant to be a general summary of Slcc 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: $85,838
- Gross Receipts: $1,601,296
Assets and Liabilities:
- Total Assets: $8,478,581
- Total Liabilities: $2,834,703
- Net Assets: $5,643,878
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Organization Details
Phone
(337) 521-9000Principal Officer
Gregory P Daigle
Main Address
1101 BERTRAND DRIVE, LAFAYETTE, LA, 70506
Website
www.solacc.edu/NTEE Category
Code: B11 - Education
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