Overview
What is Morton College Foundation?
Morton College Foundation is a charitable organization located in Cicero, Illinois, specifically at 5925 W 35TH ST. Their primary mission is to offer financial aid to students attending Morton College and individuals within the community who aspire to achieve their full potential through affordable, high-quality education. The foundation's activities are focused on providing essential financial support, enabling individuals to pursue their educational goals and make a positive impact in their lives.
Official website here: www.mortoncollegefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90%, Four-Star out of Four Star rating
The Morton College Foundation has achieved a strong rating of 90% from Charity Navigator, which reflects its commendable performance in accountability and finance. This high score is derived from a comprehensive evaluation of various metrics, demonstrating the foundation's commitment to transparency and effective financial management. With a focus solely on accountability, the foundation's rating highlights its adherence to best practices in governance.
Strengths identified in the assessment include a fully independent board consisting of 13 members, as well as a clean record regarding the diversion of assets. The foundation has implemented policies for conflict of interest and document retention, ensuring that it operates with integrity. Additionally, a high program expense ratio of 86.50% indicates that a significant portion of resources is directed towards fulfilling its mission.
However, it is noted that the foundation lacks a whistleblower policy, which could be a potential area for improvement. Despite this limitation, the overall evaluation underscores the foundation's strong organizational structure and financial health, making it a reliable entity for philanthropic support.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Morton College Foundation?
Four individuals have shared their thoughts about Morton College Foundation on Facebook. While the organization does not currently have a rating, there are positive mentions that suggest engagement from the community.
One comment highlights an ongoing raffle with a $2,000 prize, which indicates that the foundation is active in organizing events to promote involvement and support for its initiatives. This kind of activity appears to resonate well with the users, suggesting that they appreciate the efforts to encourage participation.
Overall, the sentiment leans towards enthusiasm for community engagement activities, indicating a promising connection between the nonprofit and its supporters.
This AI summary has been generated from reviews found on Facebook.
Is Morton College Foundation legitimate?
Morton College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morton 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.
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.mortoncollegefoundation.org
What is the mission statement of Morton College Foundation?
The Morton College Foundation's mission is centered around providing financial aid to students attending Morton College and individuals in the community. Their primary goal is to help these individuals achieve their fullest potential by offering quality education at an affordable price. The foundation aims to offer financial support, thereby enabling individuals to pursue their educational goals and improve their lives. By providing this assistance, the Morton College Foundation plays a vital role in fostering educational opportunities and personal development.
Official website here: www.mortoncollegefoundation.org
Who is the CEO of Morton College Foundation?
Richard Vavra is the President of Morton College Foundation.
Official website here: www.mortoncollegefoundation.org
What is the revenue of Morton College Foundation?
Morton College Foundation's revenue in 2022 was $55,446.
Official website here: www.mortoncollegefoundation.org
Who are the executives of Morton College Foundation and what are their salaries?
There 13 volunteers at Morton College Foundation.
Here are 13 key members and their salaries:
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Official website here: www.mortoncollegefoundation.org
Where can I find the form 990 for Morton College Foundation?
Morton College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mortoncollegefoundation.org
Learn more at the official website: www.mortoncollegefoundation.org
Mission Statement of Morton College Foundation
Morton College Foundation is committed to providing financial aid to students attending Morton College and individuals in the community who aspire to achieve their full potential through a high-quality education at an affordable price. The organization's mission is to serve as a beacon of support, enabling individuals to pursue their educational goals and make significant strides in their lives. By offering financial assistance, Morton College Foundation aims to make education accessible and affordable, empowering individuals to reach their full potential and contribute positively to society.
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Impact
August, 2024
The impact of Morton College Foundation is evident in the opportunities it provides to Morton College students and individuals in the community who aspire to achieve their full potential through quality education at an affordable cost. By offering financial support, the foundation enables these students to pursue their educational goals and access resources that may otherwise be out of reach. This support not only benefits the individuals directly but also contributes to the overall development and success of the community as a whole.
This information is meant to be a general summary of Morton 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: $863
- Gross Receipts: $55,446
Assets and Liabilities:
- Total Assets: $445,692
- Total Liabilities: $0
- Net Assets: $445,692
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Organization Details
Founding Year
1982
Phone
(708) 450-8212Principal Officer
Richard Vavra
Main Address
5929 W 35TH ST, CICERO, IL, 60804
NTEE Category
Code: B42 - Education
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