Overview
What is John Wood Community College Foundation?
John Wood Community College Foundation is a nonprofit organization situated in Quincy, Illinois, specifically at 1301 South 48th Street. Its primary mission is to raise funds for scholarships, as well as other essential needs, to support students in attending John Wood Community College. Through fundraising efforts, the foundation contributes to the educational opportunities of numerous individuals, enabling them to pursue their academic goals. The organization's activities are centered around this mission, ensuring that deserving students can access quality education at John Wood Community College.
Official website here: www.jwcc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Stars
The John Wood Community College Foundation has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This rating reflects the foundation's strong commitment to transparency and responsible management practices, as evidenced by its perfect score in accountability and finance metrics. The foundation's most recent fiscal year score shows that it effectively utilizes its resources to support its mission.
One of the key strengths of the foundation is its governance structure, featuring a fully independent board with 14 members, which enhances decision-making and oversight. Additionally, the foundation maintains excellent financial practices, as showcased by the absence of any material diversion of assets and a low liabilities-to-assets ratio. Furthermore, nearly 93% of its expenses are directed towards programs, underscoring its efficiency in fulfilling its mission.
While the foundation demonstrates robust financial health and governance, continuous monitoring of its operational practices and program outcomes will be essential to ensure sustained effectiveness and community impact. Overall, the foundation stands out for its strong ethical standards and commitment to serving the community through well-managed financial resources.
This AI summary has been generated from information found on Charity Navigator.
Is John Wood Community College Foundation legitimate?
John Wood Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. John Wood Community 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.
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Official website here: www.jwcc.edu
What is the mission statement of John Wood Community College Foundation?
The John Wood Community College Foundation's mission is centered around fundraising efforts. Specifically, their goal is to accumulate resources for providing scholarships and addressing various needs within John Wood Community College. By securing these funds, the foundation enables students to attend the college, thereby contributing to their educational pursuits. The foundation's activities extend beyond scholarships, as they also aim to support other essential aspects of the college.
Official website here: www.jwcc.edu
Who is the CEO of John Wood Community College Foundation?
Robert Gray is the Vice President/Secretary of John Wood Community College Foundation.
Official website here: www.jwcc.edu
What is the revenue of John Wood Community College Foundation?
John Wood Community College Foundation's revenue in 2023 was $951,357.
Official website here: www.jwcc.edu
Who are the executives of John Wood Community College Foundation and what are their salaries?
Here are 17 key members and their salaries:
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Official website here: www.jwcc.edu
Where can I find the form 990 for John Wood Community College Foundation?
John Wood Community College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jwcc.edu
Learn more at the official website: www.jwcc.edu
Mission Statement of John Wood Community College Foundation
The John Wood Community College Foundation has a mission centered around fundraising efforts. Specifically, they aim to collect funds for the various needs of John Wood Community College. This encompasses not just financial aid in the form of scholarships, but also other essential resources required by the college. By providing scholarships, the foundation enables deserving students to attend John Wood Community College, thereby contributing to the education and future of these individuals. In essence, the John Wood Community College Foundation plays a vital role in supporting the educational journey of its students by raising funds for scholarships and other college necessities.
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Impact
October, 2024
John Wood Community College Foundation significantly impacts the educational landscape by providing essential financial support that enables students to pursue their academic goals. Through its focused fundraising efforts, the foundation raises funds specifically for scholarships and other vital needs of John Wood Community College. This support mitigates financial barriers, allowing a diverse range of students to access higher education opportunities in Quincy, Illinois. By investing in the future of students, the foundation not only enhances individual lives but also strengthens the community as a whole, fostering a culture of learning and growth.
This information is meant to be a general summary of John Wood Community 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 2023.
- Investment Income: $101,686
- Gross Receipts: $986,956
Assets and Liabilities:
- Total Assets: $3,635,118
- Total Liabilities: $10,519
- Net Assets: $3,624,599
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Organization Details
Founding Year
1984
Phone
(217) 641-4104Principal Officer
Robert Gray
Main Address
1301 SOUTH 48TH STREET, QUINCY, IL, 62305
Website
www.jwcc.eduNTEE Category
Code: B41I - Education
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