Overview
What is Blackhawk Technical College Foundation Inc?
Blackhawk Technical College Foundation Inc is a nonprofit organization situated in Janesville, Wisconsin. Its primary objective is to bolster the educational goals of the Blackhawk Technical College District by procuring and managing resources. The foundation's mission encompasses receiving, managing, and utilizing various forms of funds and properties to benefit the district. This may include financing equipment and facilities, improving grounds, endowing scholarships, acquiring library resources, and supplementing services that the district could offer but might not be fully funded by state or district tax funds. The foundation provides capital assets to Blackhawk Technical College for instructional programming, contributing to the overall advancement of education within the district and wider societal context.
Official website here: www.blackhawk.edu/foundation
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 100% (Four-Star out of Four Stars)**tar)**
Blackhawk Technical College Foundation Inc has achieved an exceptional rating of 100% from Charity Navigator, indicating outstanding performance in accountability and finance. The rating reflects an independent board composed entirely of members, robust financial oversight, and extensive transparency as demonstrated by the complete availability of financial statements and relevant policies.
The organization shows a remarkable commitment to its financial integrity, with a program expense ratio of nearly 95%, signifying that a substantial portion of its revenue directly supports its programs. There have been no reported financial irregularities, further bolstering confidence in its operations. However, it's important to note that some aspects related to impact measurement, culture, and leadership have not been scored.
User reviews from GreatNonprofits could not be fetched; thus, there are no insights available from individual experiences. Overall, the foundation is well-regarded for its financial management and accountability practices, but further qualitative data on its impact and community engagement would enhance the understanding of its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Blackhawk Technical College Foundation Inc legitimate?
Blackhawk Technical College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blackhawk 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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For more financial information, click here
Official website here: www.blackhawk.edu/foundation
What is the mission statement of Blackhawk Technical College Foundation Inc?
The Blackhawk Technical College Foundation Inc's mission is centered around attracting and developing resources to supplement and enhance the educational objectives of its corresponding district. The purpose of the foundation is to manage funds and properties, whether given absolutely or in trust, for the benefit of the Blackhawk Technical College District. This includes financing equipment and facilities, improving grounds, endowing scholarships, making equipment and library acquisitions, and supplementing services that the district offers to society, where state and district funds are not sufficient or adequate. The foundation's activities aim to provide additional support to the educational and charitable movements or activities conducted by the Blackhawk Technical College District.
Official website here: www.blackhawk.edu/foundation
Who is the CEO of Blackhawk Technical College Foundation Inc?
David Holterman is the President of Blackhawk Technical College Foundation Inc.
Official website here: www.blackhawk.edu/foundation
What is the revenue of Blackhawk Technical College Foundation Inc?
Blackhawk Technical College Foundation Inc's revenue in 2023 was $8,496,829.
Official website here: www.blackhawk.edu/foundation
Who are the executives of Blackhawk Technical College Foundation Inc and what are their salaries?
There 12 volunteers at Blackhawk Technical College Foundation Inc.
Here are 14 key members and their salaries:
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Official website here: www.blackhawk.edu/foundation
Where can I find the form 990 for Blackhawk Technical College Foundation Inc?
Blackhawk Technical College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.blackhawk.edu/foundation
Learn more at the official website: www.blackhawk.edu/foundation
Mission Statement of Blackhawk Technical College Foundation Inc
Blackhawk Technical College Foundation Inc's mission is centered around attracting and developing resources to supplement and enhance the educational objectives of its district. The primary purpose of this foundation is to manage and utilize funds and properties of various kinds, whether given absolutely or in trust, for the benefit of Blackhawk Technical College District. This nonprofit organization is dedicated to financing equipment and facilities, improving grounds, endowing scholarships, making equipment and library acquisitions, and supplementing services that Blackhawk Technical College District provides to society, where state and district funds are not sufficient or adequate. In essence, Blackhawk Technical College Foundation Inc aims to bridge the gap in funding, ensuring that the college district can fully render the necessary services to society.
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Impact
July, 2024
Blackhawk Technical College Foundation Inc plays a crucial role in supporting the educational objectives of Blackhawk Technical College District. By attracting and developing resources, the foundation enhances the instructional programming at the college. Through its efforts, the foundation provides capital assets for equipment and facilities, improves grounds, endows scholarships, acquires equipment and library resources, and supplements services that the college offers to society. This support is especially vital in situations where state and district funds are inadequate to fully provide the necessary services. The foundation's work significantly impacts the educational and charitable activities conducted by Blackhawk Technical College District, ultimately benefiting the community.
This information is meant to be a general summary of Blackhawk 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 2023.
- Investment Income: $7,191,937
- Program Service Revenue: $368,118
- Gross Receipts: $17,704,661
Assets and Liabilities:
- Total Assets: $6,871,871
- Total Liabilities: $0
- Net Assets: $6,871,871
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BUILDING RENTAL
Revenue
$325,077
ADMINISTRATIVE FEE
Revenue
$43,041
Organization Details
Founding Year
1978
Phone
(608) 757-7704Principal Officer
David Holterman
Main Address
PO BOX 5009 6004 S COUNTY ROAD G, JANESVILLE, WI, 53546
Website
www.blackhawk.edu/foundationNTEE Category
Code: B84 - Education
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