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Oakton Community College Educational Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362917302 ✦ Des plaines, IL ✦ Designated as a 501(c)(3)

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Overview

What is Oakton Community College Educational Foundation?

The Oakton Community College Educational Foundation is a nonprofit organization dedicated to promoting student success. With over 140 active scholarships, they distribute awards to financially challenged students, totalling 623 scholarships to 582 individuals. Scholarships are awarded based on need, and in addition, emergency funds amounting to $22,537 have been provided to students and employees experiencing unforeseen hardships. Beyond scholarships, the Foundation also supports student competitions and offers assistance to college employees. Their core mission is to empower students, helping them overcome financial barriers and achieve academic success.


Official website here: www.oakton.edu

Is Oakton Community College Educational Foundation legitimate?

Oakton Community College Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakton Community College Educational 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.oakton.edu

What is the mission statement of Oakton Community College Educational Foundation?

The Oakton Community College Educational Foundation's mission is centered around enabling student success. It achieves this by managing over 140 active scholarships and distributing awards to students in need. The Foundation also provides emergency funds to students and employees facing unexpected hardships, totalling $22,537. Additionally, the Foundation supports student competitions and offers aid to college employees.


Official website here: www.oakton.edu

What is the revenue of Oakton Community College Educational Foundation?

Oakton Community College Educational Foundation's revenue in 2024 was $2,855,520.


Official website here: www.oakton.edu

Who are the executives of Oakton Community College Educational Foundation and what are their salaries?

There 30 volunteers at Oakton Community College Educational Foundation.

Here are 26 key members and their salaries:


Murray Sprung (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Costanza (Immed Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Fenton (Vice President/President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Sullivan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Coney (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Boryszewski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hansy Charlier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Gallagher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hank Galatz Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hurwitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Holloway Jd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Hunt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Leonard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Lichtenstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Madison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan C Richards Edd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natasha Bannatyle Richards (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Salaman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard S Singer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Veremis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ella Woodford-Parker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Wrede (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Korbel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joianne Smith Phd College Presdient (Dir - Ex Officio)
  • Compensation: $0
  • Related: $356,322
  • Other: $52,398
Katherine Sawyer Cfre Executive Dir (Dir-Ex Officio, Chief Adv.)
  • Compensation: $0
  • Related: $181,222
  • Other: $20,467


Official website here: www.oakton.edu

Where can I find the form 990 for Oakton Community College Educational Foundation?

Oakton Community College Educational Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.oakton.edu

Learn more at the official website: www.oakton.edu

Mission Statement of Oakton Community College Educational Foundation

The Oakton Community College Educational Foundation is committed to enabling student success. This nonprofit organization plays a significant role in achieving this mission by managing over 140 active scholarships. Through these scholarships, they award financial aid to 582 deserving students who are facing financial barriers. The Foundation's scholarship awards are meticulously determined based on the students' financial needs.

Beyond scholarships, the Oakton Community College Educational Foundation also extends emergency funds. These funds have been vital in providing aid to 582 students and employees who have encountered unforeseen hardships. This proactive approach to supporting those in need underscores the Foundation's dedication to the overall well-being of its beneficiaries. Furthermore, the Foundation contributes to student competitions and provides support for Oakton Community College's employees, demonstrating its comprehensive approach to fostering student success.

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Impact




October, 2024

The Oakton Community College Educational Foundation has a profound impact on student success by facilitating access to higher education for individuals facing financial barriers. With over 140 active scholarships, it has distributed 623 awards to 582 students, helping them pursue their academic goals. These scholarship awards prioritize need, ensuring that support reaches those who require it most.

In addition to scholarships, the Foundation addresses unexpected financial hardships by providing $22,537 in emergency funds to both students and employees. This proactive approach not only alleviates immediate financial stress but also fosters a stable educational environment. Furthermore, the Foundation promotes engagement and excellence by funding student competitions and providing essential employee support. Through these initiatives, the Oakton Community College Educational Foundation plays a critical role in enhancing the educational experience and empowering the community.




This information is meant to be a general summary of Oakton Community College Educational 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.

Revenue
$2,855,520 (2024)
Expenses
$1,821,673 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,087,975
  • Gross Receipts: $8,515,008

Assets and Liabilities:

  • Total Assets: $19,232,533
  • Total Liabilities: $151,637
  • Net Assets: $19,080,896

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Organization Details

Founding Year

1977

Principal Officer

Katherine S Sawyer

NTEE Category

Code: B41I - Education

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