Overview
What is Kaskaskia College Foundation?
Kaskaskia College Foundation is a nonprofit organization situated in Centralia, Illinois, specifically at 27210 College Road, 62801. Their primary mission is to support and enhance a local community college within district 501. To achieve this goal, they solicit and manage donations to establish, maintain, and administer scholarships for eligible students attending Kaskaskia College. The foundation's activities extend beyond financial aid, as they also collaborate with the college to provide cultural opportunities and fund special projects, thereby making education more accessible to the community they serve. In the 2021 year, the foundation awarded scholarships to 212 deserving students.
Official website here: www.kaskaskia.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Kaskaskia College Foundation has received a remarkable Four-Star rating from Charity Navigator, highlighting its strong performance in Accountability & Finance. This score reflects a dedication to transparency and effective financial management, with an Accountability & Finance score of 97. Such a high rating indicates that the foundation is utilizing its resources efficiently and responsibly, focusing significantly on its programmatic expenses.
Key strengths include a fully independent board, with 100% of its members being independent, and a solid oversight mechanism for financial statements. The foundation has also demonstrated excellence in areas such as conflict of interest policies and whistleblower protections, which further solidify its commitment to ethical governance. A notable financial health indicator is its program expense ratio, which stands at an impressive 87.81%, ensuring that most funds are directed towards its mission.
While the foundation's financial ratios indicate strong stability and a low liability to assets ratio of 0.01%, there are no significant limitations noted in the data. Overall, the Kaskaskia College Foundation presents itself as a well-managed organization that prioritizes accountability, making it a reliable choice for potential donors looking to support its educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Kaskaskia College Foundation legitimate?
Kaskaskia College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kaskaskia 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:
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Official website here: www.kaskaskia.edu
What is the mission statement of Kaskaskia College Foundation?
The Kaskaskia College Foundation's mission is geared towards assisting students in achieving their educational goals and making education more accessible within the community it serves. The foundation works in partnership with the community college, providing cultural opportunities and funding for special projects. One of its primary activities involves presenting scholarship awards to eligible students attending Kaskaskia College. In total, scholarships were awarded to 212 students.
Official website here: www.kaskaskia.edu
Who is the CEO of Kaskaskia College Foundation?
Craig Finke is the President of Kaskaskia College Foundation.
Official website here: www.kaskaskia.edu
What is the revenue of Kaskaskia College Foundation?
Kaskaskia College Foundation's revenue in 2022 was $1,362,198.
Official website here: www.kaskaskia.edu
Who are the executives of Kaskaskia College Foundation and what are their salaries?
There 30 volunteers at Kaskaskia College Foundation.
Here are 24 key members and their salaries:
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Official website here: www.kaskaskia.edu
Where can I find the form 990 for Kaskaskia College Foundation?
Kaskaskia College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kaskaskia.edu
Learn more at the official website: www.kaskaskia.edu
Mission Statement of Kaskaskia College Foundation
Kaskaskia College Foundation, a nonprofit organization, is dedicated to supporting its local community college, ensuring its continued operation within District 501. One of its primary objectives is to receive and manage gifts, with the ultimate goal of establishing and maintaining scholarships. This mission extends beyond financial assistance, as the foundation also works in tandem with the college to provide cultural opportunities and fund special projects. By doing so, Kaskaskia College Foundation aims to make education more accessible to the wider community it serves. This nonprofit organization achieves its mission by presenting scholarship awards to deserving students attending Kaskaskia College, as evidenced by the 212 students who have benefited from these scholarships.
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Impact
October, 2024
Kaskaskia College Foundation plays a vital role in supporting students and enhancing educational opportunities within the community. By administering scholarship awards, the foundation has positively impacted 212 students attending Kaskaskia College, helping them pursue their educational goals. The foundation works closely with the college to not only facilitate financial assistance but also to provide cultural opportunities and funding for special projects that enrich the academic experience. Through their efforts, Kaskaskia College Foundation strives to make education more accessible, fostering a more educated and skilled workforce in the region.
This information is meant to be a general summary of Kaskaskia 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: $314,114
- Gross Receipts: $1,384,217
Assets and Liabilities:
- Total Assets: $9,707,435
- Total Liabilities: $3,009
- Net Assets: $9,704,426
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Organization Details
Founding Year
1964
Phone
(618) 545-3105Principal Officer
Craig Finke
Main Address
27210 College Road, Centralia, IL, 62801
Website
www.kaskaskia.eduNTEE Category
Code: B42I - Education
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