Overview
What is Foundation For Mott Community College?
The Foundation for Mott Community College (FMCC) is a charitable organization situated within the community, primarily focusing on providing resources to the students, faculty, and staff of Mott Community College. Its mission is to support the institution financially, ensuring its stability as it offers high-quality, affordable, and accessible educational opportunities to the local population. With the establishment of FMCC, a new funding stream of private donations was added to the college's existing sources, further bolstering its financial stability. The foundation's contributions aid in achieving scholarships and programmatic goals, as well as offering emergency funding during non-traditional student crises. The ultimate aim is to strengthen Mott Community College's status as a leading entity in the region and as a valuable resource in the College Town Partnership.
Official website here: www.mcc.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%
The Foundation For Mott Community College has received a high rating of 96% from Charity Navigator, which translates to a prestigious Four-Star out of Four Star rating. This score reflects the organization's strong performance in the Accountability & Finance category, indicating a commitment to transparency and effective financial management. The foundation has demonstrated robust governance practices, including a fully independent board comprising 22 members and comprehensive oversight mechanisms.
The financial health of the organization is notably strong, highlighted by a low liabilities-to-assets ratio of just 0.13%, which suggests a solid financial footing. Additionally, the foundation allocates a significant portion of its expenses (92.54%) directly to programs, showcasing its focus on fulfilling its mission rather than administrative costs. The presence of a whistleblower policy and clear conflict of interest policy further underscores its commitment to ethical governance.
Despite its strengths, the summary does not highlight any specific weaknesses or limitations, suggesting that the Foundation For Mott Community College operates with integrity and efficiency. Overall, this high rating emphasizes the foundation’s dedication to serving its community effectively while maintaining accountability and transparency in its operations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Foundation For Mott Community College?
74% of 446 reviewers on Facebook recommend Foundation For Mott Community College. Here is a summary of their reviews:
Many users appreciate the quality of education, highlighting the dedication of instructors and the support offered on campus. Comments often mention the welcoming environment and commitment to student safety, with security measures being particularly praised. This positive sentiment suggests that the college creates a supportive learning atmosphere for its students.
While a significant portion of reviewers express their satisfaction, it's important to recognize that not every review reflects a recommendation. Overall, those who endorse the foundation do so with a sense of appreciation for its contributions to the community and the resources available for students.
This AI summary has been generated from reviews found on Facebook.
Is Foundation For Mott Community College legitimate?
Foundation For Mott Community College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Mott Community College 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.mcc.edu/foundation
What is the mission statement of Foundation For Mott Community College?
The Foundation for Mott Community College serves as a community-based charitable organization, its primary purpose being to collect and distribute resources to the students, faculty, and staff of Mott Community College. The foundation contributes to educational, literary, multicultural, and financial initiatives that enhance excellence and enrichment within the community. The goal of the Foundation is to fully support Mott Community College in its pursuit of financial stability, providing high-quality, accessible, and affordable educational opportunities for the surrounding community. The college, being the largest and most economical institution in the region, traditionally relies on property taxes, state appropriations, and tuition to maintain a balanced budget. With the creation of the Foundation, a fourth funding stream of private giftings is added to the funding mix, assisting Mott Community College in fulfilling its scholarship and programmatic goals while providing emergency funding for non-traditional student crises. The Foundation's fundraising efforts aim to support Mott Community College as a leading entity in the region and as a viable resource in the college town partnership, allowing students to gain skills, launch the first two years of a baccalaureate, and retain those who already have a degree and are seeking an alternative career pathway.
Official website here: www.mcc.edu/foundation
Who is the CEO of Foundation For Mott Community College?
Lennetta B Coney is the Chair of Foundation For Mott Community College.
Official website here: www.mcc.edu/foundation
What is the revenue of Foundation For Mott Community College?
Foundation For Mott Community College's revenue in 2023 was $1,266,574.
Official website here: www.mcc.edu/foundation
Who are the executives of Foundation For Mott Community College and what are their salaries?
There 23 volunteers at Foundation For Mott Community College.
Here are 24 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $292,804
- Other: $98,727
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $108,790
- Other: $49,709
Official website here: www.mcc.edu/foundation
Where can I find the form 990 for Foundation For Mott Community College?
Foundation For Mott Community College's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mcc.edu/foundation
Learn more at the official website: www.mcc.edu/foundation
Mission Statement of Foundation For Mott Community College
The Foundation for Mott Community College, serving as a community-based charitable organization, is dedicated to acquiring and distributing resources to the students, faculty, and staff of Mott Community College. This organization contributes to educational, literary, multicultural, and financial efforts that strive to advance excellence and richness within the community. The Foundation's major purpose is to provide unwavering support to Mott Community College, ensuring its financial stability while offering high-quality, affordable, and accessible educational opportunities for the surrounding population. The creation of the Foundation adds a fourth funding stream of private giftings to the existing funding mix, which includes property taxes, state appropriations, and tuition, thereby contributing to Mott Community College's scholarship and programmatic goals, and providing emergency funding for non-traditional student crises. The Foundation for Mott Community College is uniquely positioned to support the college in its role as a leading entity in the region and as a viable resource in the college town partnership, allowing students to gain skills, launch the first two years of a baccalaureate, and retain those who already have a degree and seek an alternative career pathway.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Foundation For Mott Community College plays a crucial role in supporting Mott Community College in its mission to provide high-quality, accessible, and affordable educational opportunities to the surrounding community. By acquiring and distributing resources to students, faculty, and staff, the Foundation contributes to the advancement of excellence and richness within the community. With its focus on fundraising efforts, the Foundation adds a vital fourth funding stream of private gifting to support MCC's scholarship and programmatic goals, as well as provide emergency funding for nontraditional student crises. Additionally, the Foundation's support helps MCC maintain its position as a leading educational institution in the region and a valuable resource in the college town partnership. Through its efforts, the Foundation For Mott Community College positively impacts the educational landscape and opportunities available to individuals in Flint, Michigan, and beyond.
This information is meant to be a general summary of Foundation For Mott Community College. 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: $539,932
- Gross Receipts: $3,577,245
Assets and Liabilities:
- Total Assets: $10,613,057
- Total Liabilities: $13,904
- Net Assets: $10,599,153
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1986
Phone
(810) 762-0425Principal Officer
Lennetta B Coney
Main Address
1401 E COURT ST, FLINT, MI, 48503
Website
www.mcc.edu/foundationNTEE Category
Code: B112 - Education
If you are a representative of Foundation For Mott Community College and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.