Overview
What is Oakland Community College Foundation?
The Oakland Community College Foundation is a nonprofit organization situated in Auburn Hills, Michigan, with a postal address at 2900 Featherstone Road, 48326. Its primary objective is to provide scholarship and program support for students attending Oakland Community College. The foundation aims to secure financial backing to further the mission and goals of the college. Their role encompasses obtaining funds to enhance educational opportunities and resources for students in need.
Official website here: www.oaklandcc.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating. This rating reflects the Oakland Community College Foundation's strong performance in accountability and finance, as indicated by a perfect score in this category. The foundation's overall score is solely derived from this beacon score, showcasing its commitment to transparent financial practices.
The organization boasts an entirely independent board, with 13 members, which contributes to its strong governance practices. It has received full marks in various areas, including financial audits, conflict of interest policies, and whistleblower protections. Additionally, the foundation maintains a low liability-to-asset ratio and allocates a significant majority of its expenses to its programs, demonstrating effective resource management.
While the rating highlights the foundation's strengths, it primarily focuses on financial accountability. Feedback about program impact or community engagement was not included, indicating that while the foundation is financially sound, further information on its effectiveness or outreach initiatives could enhance the understanding of its overall impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Oakland Community College Foundation legitimate?
Oakland Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oakland 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.
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.oaklandcc.edu/foundation
What is the mission statement of Oakland Community College Foundation?
The mission of Oakland Community College Foundation is centered around securing financial aid to further the objectives and aims of Oakland Community College. This foundation's primary purpose is to facilitate scholarship and program support, ultimately benefiting the students of Oakland Community College. The goal is to financially reinforce the college's mission and objectives, thereby contributing to the educational growth and success of its students.
Official website here: www.oaklandcc.edu/foundation
Who is the CEO of Oakland Community College Foundation?
Peter M Provenzano is the Director of Oakland Community College Foundation.
Official website here: www.oaklandcc.edu/foundation
What is the revenue of Oakland Community College Foundation?
Oakland Community College Foundation's revenue in 2022 was $888,267.
Official website here: www.oaklandcc.edu/foundation
Who are the executives of Oakland Community College Foundation and what are their salaries?
There 12 volunteers at Oakland Community College Foundation.
Here are 15 key members and their salaries:
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- Related: $9,304
- Other: $2,625
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- Related: $367,066
- Other: $100,429
- Compensation: $0
- Related: $158,970
- Other: $39,685
Official website here: www.oaklandcc.edu/foundation
Where can I find the form 990 for Oakland Community College Foundation?
Oakland Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oaklandcc.edu/foundation
Learn more at the official website: www.oaklandcc.edu/foundation
Mission Statement of Oakland Community College Foundation
The Oakland Community College Foundation's mission, in essence, is geared towards securing financial backing to advance the objectives and aspirations of Oakland Community College. This nonprofit organization's primary goal is to collect funds that contribute to enhancing the mission and objectives of Oakland Community College. By doing so, it provides scholarship and program support to the students of Oakland Community College, thereby aiding in their academic journey.
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Impact
July, 2024
Oakland Community College Foundation's impact lies in providing scholarship and program support to benefit students of Oakland Community College. Through obtaining financial support, the foundation contributes to advancing the mission and goals of the college. This assistance enables students to access education and training opportunities that may have otherwise been out of reach, helping them fulfill their potential and contribute positively to their communities.
This information is meant to be a general summary of Oakland 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 2022.
- Investment Income: $328,671
- Gross Receipts: $1,823,602
Assets and Liabilities:
- Total Assets: $7,940,998
- Total Liabilities: $12,290
- Net Assets: $7,928,708
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Organization Details
Founding Year
1979
Phone
(248) 341-2137Principal Officer
Peter M Provenzano
Main Address
2900 FEATHERSTONE ROAD, AUBURN HILLS, MI, 48326
Website
www.oaklandcc.edu/foundationNTEE Category
Code: B41I - Education
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