Overview
What is Mid-State Technical College Foundation Inc?
Mid-State Technical College Foundation Inc, based in Wisconsin Rapids, Wisconsin, is a charitable organization primarily dedicated to supporting the educational pursuits of students attending Mid-State Technical College. By offering scholarships, grants, and emergency financial aid, the foundation aims to alleviate financial burdens and promote academic success among its students. The foundation's mission is driven by the generosity of donors, who invest in the future of these students and contribute to the college's strategic plan.
Official website here: www.mstc.edu/foundation-and-alumni
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Mid-State Technical College Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in both accountability and impact measurement. The organization excels in financial health with a Program Expense Ratio of 98.44% and a perfect score in financial audits and impact evaluation. Its independent board governance is robust, consisting entirely of independent members who uphold high standards for conflict of interest and whistleblower policies.
The foundation demonstrates a significant impact on its scholarship recipients, providing more than $1.25 in income for every dollar spent on programs. The high scores in both accountability and impact measurement indicate a well-managed organization that prioritizes transparency and effectiveness in its operations.
However, while the scores are impressive, the overall Accountability & Finance score is notably lower at 44%, suggesting there may be areas within financial management practices that could be further improved. Despite this, the foundation remains a strong entity in supporting education through scholarships.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Mid-State Technical College Foundation Inc?
88% of 65 reviewers on Facebook recommend Mid-State Technical College Foundation Inc. Here’s a summary of their insights:
The majority of comments highlight the organization's genuine commitment to education and student success. Many individuals express gratitude for the supportive environment, noting how the staff goes above and beyond in providing assistance with both program guidance and financial aid. Reviewers appreciate the availability of help for any questions that come up, which fosters a sense of community and reassurance.
Overall, there is a strong sentiment of appreciation for the educational opportunities provided, with users feeling empowered and positively impacted by their experiences with the foundation.
This AI summary has been generated from reviews found on Facebook.
Is Mid-State Technical College Foundation Inc legitimate?
Mid-State Technical College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mid-State Technical College Foundation Inc 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.mstc.edu/foundation-and-alumni
What is the mission statement of Mid-State Technical College Foundation Inc?
The Mid-State Technical College Foundation Inc's mission is centered around providing support for the education programs of the college and its students. Through the generosity of donors, the foundation invests in student success, aligning with Mid-State Technical College's strategic plan. The primary activities of the foundation include offering scholarships, grants, and emergency financial aid to students of Mid-State Technical College, aiming to alleviate any financial burdens they may face during their academic journey.
Official website here: www.mstc.edu/foundation-and-alumni
Who is the CEO of Mid-State Technical College Foundation Inc?
Mary Jo Green is the Treasurer of Mid-State Technical College Foundation Inc.
Official website here: www.mstc.edu/foundation-and-alumni
What is the revenue of Mid-State Technical College Foundation Inc?
Mid-State Technical College Foundation Inc's revenue in 2022 was $4,163,868.
Official website here: www.mstc.edu/foundation-and-alumni
Who are the executives of Mid-State Technical College Foundation Inc and what are their salaries?
There 14 volunteers at Mid-State Technical College Foundation Inc.
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Official website here: www.mstc.edu/foundation-and-alumni
Where can I find the form 990 for Mid-State Technical College Foundation Inc?
Mid-State Technical College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mstc.edu/foundation-and-alumni
Learn more at the official website: www.mstc.edu/foundation-and-alumni
Mission Statement of Mid-State Technical College Foundation Inc
Mid-State Technical College Foundation Inc, a philanthropic organization, is dedicated to providing scholarships and grants to support the education programs of Mid-State Technical College. Through the generosity of its donors, the foundation invests in student success, aligning with the strategic plan of the college. The Mid-State Technical College Foundation offers scholarships, grants, emergency grant, and loan assistance, solely for students enrolled in Mid-State Technical College. This financial aid empowers students to pursue their educational goals, thereby contributing to the overall growth and development of the institution.
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Impact
July, 2024
Mid-State Technical College Foundation Inc's impact is significant in providing student scholarships, grants, and emergency financial assistance to support education programs at Mid-State Technical College in Wisconsin Rapids, WI. The Foundation's mission to invest in student success through the generosity of donors plays a crucial role in advancing the college's strategic plan. By offering financial support to students, the Foundation enables individuals to pursue their educational goals and ultimately contribute to the workforce and community.
This information is meant to be a general summary of Mid-State Technical College Foundation Inc. 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: $331,126
- Gross Receipts: $5,274,329
Assets and Liabilities:
- Total Assets: $9,620,495
- Total Liabilities: $0
- Net Assets: $9,620,495
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Organization Details
Founding Year
1979
Phone
(715) 422-5322Principal Officer
Mary Jo Green
Main Address
500 32ND STREET NORTH, WISCONSIN RAPIDS, WI, 54494
NTEE Category
Code: B114 - Education
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