Overview
What is Grand Rapids Community College Foundation?
The Grand Rapids Community College Foundation is a charitable organization situated in Grand Rapids, Michigan. Its primary objective is to raise and manage financial contributions, with the aim of promoting and supporting learning opportunities for students, employees, and the wider community. By doing so, the foundation enables the college to achieve its mission and vision. The foundation's activities include transferring funds to Grand Rapids Community College for various purposes, such as childcare programs, capital improvements, and other initiatives determined by the organization. Significantly, the foundation awards scholarships to students attending the college. The foundation's address is 143 BOSTWICK NE, Grand Rapids, MI 49503.
Official website here: www.grcc.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The Grand Rapids Community College Foundation has achieved an exceptional rating of 100% on Charity Navigator, reflecting its strong commitment to accountability and financial management. This perfect score is driven mainly by its outstanding financial practices, including a very low liabilities-to-assets ratio and impressive fundraising efficiency, indicating effective use of funds raised for its mission.
The foundation has an independent board composed entirely of independent members, which enhances its governance and decision-making processes. All essential policies, such as conflict of interest and whistleblower protections, are in place and well-documented, further underscoring the organization's transparency and ethical standards.
While the foundation demonstrates robust financial health and operational integrity, it remains focused on its core mission of supporting educational initiatives at Grand Rapids Community College. Overall, its strong financial stewardship and governance make it a reliable choice for potential donors looking to support community-focused educational endeavors.
This AI summary has been generated from information found on Charity Navigator.
Is Grand Rapids Community College Foundation legitimate?
Grand Rapids Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Rapids 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.grcc.edu
What is the mission statement of Grand Rapids Community College Foundation?
The Grand Rapids Community College Foundation's mission is centered around securing and managing financial contributions to support and enhance student, employee, and community learning. This mission allows the college to fulfill its own objectives and vision. One significant activity from the previous year involved awarding scholarships to students attending Grand Rapids Community College. The foundation also transfers funds to support various programs at the college, such as child care programs, capital improvements, and other initiatives as determined by the foundation.
Official website here: www.grcc.edu
Who is the CEO of Grand Rapids Community College Foundation?
Erin Van Egmond is the Executive Director - Begin 3/2023 of Grand Rapids Community College Foundation.
Official website here: www.grcc.edu
What is the revenue of Grand Rapids Community College Foundation?
Grand Rapids Community College Foundation's revenue in 2023 was $3,538,600.
Official website here: www.grcc.edu
Who are the executives of Grand Rapids Community College Foundation and what are their salaries?
There 31 volunteers at Grand Rapids Community College Foundation.
Here are 27 key members and their salaries:
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- Other: $52,598
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- Related: $35,682
- Other: $11,366
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Official website here: www.grcc.edu
Where can I find the form 990 for Grand Rapids Community College Foundation?
Grand Rapids Community College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.grcc.edu
Learn more at the official website: www.grcc.edu
Mission Statement of Grand Rapids Community College Foundation
The Grand Rapids Community College Foundation's mission is centered around securing and managing financial contributions to foster and enhance student, employee, and community learning. This mission is instrumental in enabling the college to accomplish its objectives and vision. The foundation's primary role is to support and promote learning across various sectors, thereby enabling the college to thrive and fulfill its mission effectively.
In pursuit of its mission, the Grand Rapids Community College Foundation channels funds towards a variety of programs. These initiatives include providing scholarships to students at the college, supporting child care programs, facilitating capital improvements at the college, and funding various other programs as determined by the foundation. By investing in these areas, the foundation seeks to enrich the learning experience for students, empower employees, and contribute to the broader community. The foundation's activities are an essential part of the college's ecosystem, enabling it to fulfill its educational and societal responsibilities effectively.
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Impact
July, 2024
The Grand Rapids Community College Foundation plays a crucial role in supporting student success, employee development, and community learning at Grand Rapids Community College. Through securing and managing financial gifts, the foundation provides scholarships to GRCC students, supports programs like child care services, capital improvements, and various educational initiatives identified by the foundation. This impactful work helps the college fulfill its mission and vision, ultimately contributing to the growth and prosperity of the community in Grand Rapids, Michigan.
This information is meant to be a general summary of Grand Rapids 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: $943,087
- Gross Receipts: $12,138,392
Assets and Liabilities:
- Total Assets: $40,715,328
- Total Liabilities: $2,282,558
- Net Assets: $38,432,770
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Organization Details
Founding Year
1964
Phone
(616) 234-3932Principal Officer
Erin Van Egmond
Main Address
143 BOSTWICK NE, GRAND RAPIDS, MI, 49503
Website
www.grcc.eduNTEE Category
Code: B110 - Education
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