Overview
What is Ridgewater College Foundation?
The Ridgewater College Foundation is a nonprofit organization situated in Willmar, Minnesota, specifically at 2101 15th Avenue NW, 56201. Its primary purpose is to enhance educational opportunities and promote academic excellence at Ridgewater College. This is achieved through annual and capital fundraising campaigns, which generate funds for scholarships for students and program support for various college departments and initiatives. The Foundation's mission extends beyond financial assistance, providing overall community support for the college.
Official website here: www.ridgewater.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% - Four-Star out of Four Star Rating
Ridgewater College Foundation has earned a high rating of 95% from Charity Navigator, indicating strong accountability and financial health. The foundation's score is solely derived from its Accountability & Finance metrics, where it excels in various categories, particularly with an independent board and no material diversion of assets, showcasing a commitment to responsible governance.
The organization demonstrates robust financial practices, exemplified by an impressive program expense ratio of 85.25%, meaning a significant portion of its funds is directed towards its programs. Additionally, the foundation maintains a healthy working capital ratio, suggesting effective management of its resources to sustain operations over the long term.
However, a noted weakness is the absence of a whistleblower policy, which may raise concerns regarding transparency and accountability in governance. Despite this limitation, the foundation's overall financial practices and transparency give confidence to stakeholders regarding its operations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Ridgewater College Foundation?
86% of reviewers on Facebook recommend Ridgewater College Foundation. Here’s a look at what they are saying:
Many individuals express great satisfaction with their experiences at Ridgewater, highlighting the supportive and dedicated staff who prioritize student success. One review notes that attending Ridgewater was the best decision made for their educational journey, indicating a strong sense of community and commitment to helping students thrive.
The enthusiasm for the college's environment is palpable, with some reviewers mentioning that they will genuinely miss their time there upon graduating. Overall, the sentiment reflects a positive regard for the foundation's role in facilitating a valuable educational experience.
This AI summary has been generated from reviews found on Facebook.
Is Ridgewater College Foundation legitimate?
Ridgewater College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ridgewater 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: $42,703
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,169
For more financial information, click here
Official website here: www.ridgewater.edu
What is the mission statement of Ridgewater College Foundation?
The Ridgewater College Foundation's mission is centered around expanding educational opportunities and enhancing academic excellence at Ridgewater College. This is achieved through various financial and community support initiatives. The foundation accomplishes its mission primarily through annual and capital fundraising campaigns. These campaigns aim to raise funds for scholarships for students and provide program support for various college departments and programs. In essence, the Ridgewater College Foundation seeks to bolster the educational experience and achievements at Ridgewater College.
Official website here: www.ridgewater.edu
Who is the CEO of Ridgewater College Foundation?
Diane Knorr is the Foundation M of Ridgewater College Foundation.
Official website here: www.ridgewater.edu
What is the revenue of Ridgewater College Foundation?
Ridgewater College Foundation's revenue in 2023 was $2,719,233.
Official website here: www.ridgewater.edu
Who are the executives of Ridgewater College Foundation and what are their salaries?
The average compensation at Ridgewater College Foundation during 2023 was $143,872. There is 1 employee at Ridgewater College Foundation.
Here are 14 key members and their salaries:
- Compensation: $31,013
- Related: $93,040
- 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
Official website here: www.ridgewater.edu
Where can I find the form 990 for Ridgewater College Foundation?
Ridgewater College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ridgewater.edu
Learn more at the official website: www.ridgewater.edu
Mission Statement of Ridgewater College Foundation
The Ridgewater College Foundation is dedicated to expanding educational opportunities and enhancing academic excellence at Ridgewater College. They accomplish this mission by providing financial and community support. This is achieved through their annual and capital fundraising campaigns, which raise funds for scholarships for students and program support for various college departments and programs. In essence, the foundation aims to contribute to the betterment of Ridgewater College by providing financial aid and backing for its students and academic initiatives.
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
Ridgewater College Foundation plays a crucial role in expanding educational opportunities and enhancing academic excellence at Ridgewater College. Through its annual and capital fundraising campaigns, the foundation raises funds to provide scholarships for students and support college departments and programs. This support includes scholarships, in-kind gifts, and funding for various college initiatives. By investing in education and fostering community engagement, Ridgewater College Foundation positively impacts the lives of students and the overall academic environment at Ridgewater College in Willmar, MN.
This information is meant to be a general summary of Ridgewater 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: $120,960
- Gross Receipts: $3,410,240
Assets and Liabilities:
- Total Assets: $4,096,939
- Total Liabilities: $244,488
- Net Assets: $3,852,451
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(320) 222-6095Principal Officer
Diane Knorr
Main Address
2101 15TH AVE NW, WILLMAR, MN, 56201
Website
www.ridgewater.eduNTEE Category
Code: B82B - Education
If you are a representative of Ridgewater College Foundation 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.