Overview
What is Cambridge Community College Foundation?
The Cambridge Community College Foundation is a charitable organization situated in Cambridge, Minnesota. Its primary objective is to enhance accessibility and affordability of higher education for local residents by administering scholarships and grants. By providing financial aid, the foundation extends opportunities and broadens perspectives for students in East Central Minnesota, ensuring a promising future. During the fiscal year, the foundation distributed scholarships totalling $39,463, indirectly benefiting the college community through grants.
Is Cambridge Community College Foundation legitimate?
Cambridge Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cambridge 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: $45,499
For more financial information, click here
What is the mission statement of Cambridge Community College Foundation?
The Cambridge Community College Foundation's mission is to empower students in east central Minnesota by expanding their opportunities and broadening their horizons. This is achieved through providing an affordable education and promising a strong future. The foundation fulfills this mission by accepting and administering gifts and grants that offer financial support for students and projects that wouldn't be possible through regular college funding structures. The primary goal of the foundation is to make college affordable and accessible, providing scholarships to local residents who wish to pursue post-secondary education. During the fiscal year, students received scholarships, and the college community indirectly benefited from grants totaling $39,463.
Who is the CEO of Cambridge Community College Foundation?
Judith Kissner is the Interim Chair, Treasurer of Cambridge Community College Foundation.
What is the revenue of Cambridge Community College Foundation?
Cambridge Community College Foundation's revenue in 2022 was $203,435.
Who are the executives of Cambridge Community College Foundation and what are their salaries?
There 15 volunteers at Cambridge Community College Foundation.
Here are 13 key members and their salaries:
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- Related: $100,692
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Where can I find the form 990 for Cambridge Community College Foundation?
Cambridge Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cambridge Community College Foundation
The Cambridge Community College Foundation, a nonprofit organization, strives to actualize the potential of students in east central Minnesota by expanding their opportunities and broadening their horizons. It achieves this mission by offering an affordable education and promising a strong future. The primary goal of the foundation is to make higher education accessible to residents in the area who are eager to pursue post-secondary education. To achieve this, the foundation accepts and administers gifts and grants, providing financial aid to students and projects that would otherwise be unattainable through traditional college funding structures. During the fiscal year, the foundation distributed scholarships to students, thereby indirectly benefiting the college community through grants amounting to $39,463.
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Impact
October, 2024
The Cambridge Community College Foundation significantly enhances the educational landscape in East Central Minnesota by providing critical financial support that expands students' opportunities. Its focus on making education affordable and accessible translates into meaningful scholarships for local residents seeking post-secondary education. In the most recent fiscal year, scholarships and grants totaling $39,463 enabled students to pursue their academic goals, directly impacting their potential and future prospects. By administering funds that are not available through standard college funding, the foundation plays a vital role in fostering a community committed to education, growth, and the promise of a stronger future for all students.
This information is meant to be a general summary of Cambridge 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: $5,509
- Gross Receipts: $321,298
Assets and Liabilities:
- Total Assets: $473,548
- Total Liabilities: $1,564
- Net Assets: $471,984
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Organization Details
Founding Year
1989
Phone
(763) 422-6082Principal Officer
Judith Kissner
Main Address
300 SPRIRIT DRIVE SOUTH, CAMBRIDGE, MN, 55008
NTEE Category
Code: T31 - Philanthropy
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