Overview
What is Marshalltown Community College Foundatio?
The Marshalltown Community College Foundation is a nonprofit organization located at 3700 S Center Street, Marshalltown, Iowa 50158. Their primary mission is to provide financial aid in the form of scholarships for deserving and financially struggling students. This aid is intended to assist these students in financing their higher education and supporting various departments such as Liberal Arts, Fine Arts, Athletics, Social Sciences, and Humanities within the college. The Foundation's activities directly contribute to making education more accessible and enriching for many individuals.
Official website here: www.marshalltowncommunitycollegefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Marshalltown Community College Foundation has garnered an impressive 96% score from Charity Navigator, reflecting strong accountability and financial health. This rating is based entirely on their Accountability & Finance metrics, showcasing their commitment to transparency and responsible stewardship of donor funds.
The foundation stands out with a fully independent board of directors, demonstrating a solid governance structure. With a program expense ratio of 80.28%, it indicates that a significant portion of financial resources is dedicated directly to its programs, which is a positive sign for potential donors looking for effective use of contributions.
Additionally, the foundation has received high marks for its financial oversight and policies, including having no material diversion of assets and comprehensive whistleblower and conflict of interest policies in place. Overall, the rating signifies a well-managed organization, though specific programmatic outcomes and impacts are not detailed in the financial data available.
This AI summary has been generated from information found on Charity Navigator.
Is Marshalltown Community College Foundatio legitimate?
Marshalltown Community College Foundatio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marshalltown Community College Foundatio 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.marshalltowncommunitycollegefoundation.org
What is the mission statement of Marshalltown Community College Foundatio?
The Marshalltown Community College Foundation's mission is centered around providing financial aid in the form of scholarships for deserving and financially struggling students. Their primary goal is to assist these students in financing their college education. Furthermore, the foundation also supports various departments within the college, including those focused on liberal arts, fine arts, athletics, social sciences, and humanities. By offering scholarships and supporting these departments, the foundation aims to contribute to the overall educational experience of the students.
Official website here: www.marshalltowncommunitycollegefoundation.org
Who is the CEO of Marshalltown Community College Foundatio?
Suzanne Mead is the Director of Marshalltown Community College Foundatio.
Official website here: www.marshalltowncommunitycollegefoundation.org
What is the revenue of Marshalltown Community College Foundatio?
Marshalltown Community College Foundatio's revenue in 2022 was $754,892.
Official website here: www.marshalltowncommunitycollegefoundation.org
Who are the executives of Marshalltown Community College Foundatio and what are their salaries?
Here are 16 key members and their salaries:
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Official website here: www.marshalltowncommunitycollegefoundation.org
Where can I find the form 990 for Marshalltown Community College Foundatio?
Marshalltown Community College Foundatio's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marshalltowncommunitycollegefoundation.org
Learn more at the official website: www.marshalltowncommunitycollegefoundation.org
Mission Statement of Marshalltown Community College Foundatio
The Marshalltown Community College Foundation aims to provide scholarships for deserving and financially struggling students. Its mission is twofold: firstly, to provide financial aid to help these students pursue their college education, and secondly, to support various departments within the college, including Liberal Arts, Fine Arts, Athletics, Social Sciences, and Humanities. By offering scholarships, the foundation enables talented individuals who may not have the means to afford their education to pursue their academic aspirations. Additionally, the foundation's support of these specific departments contributes to the overall development and enrichment of the college's academic programs and community.
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Impact
July, 2024
Marshalltown Community College Foundation's impact lies in providing crucial financial support to worthy and needy students through scholarships. By funding these scholarships, the Foundation enables students to pursue higher education and realize their academic aspirations. Additionally, the Foundation's support extends to various departments such as liberal arts, fine arts, athletics, social sciences, and humanities, enhancing educational opportunities and enriching the academic environment. Through its mission of facilitating access to education and supporting vital academic departments, Marshalltown Community College Foundation plays a significant role in empowering individuals and fostering academic growth in the community.
This information is meant to be a general summary of Marshalltown Community College Foundatio. 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: $176,821
- Gross Receipts: $754,892
Assets and Liabilities:
- Total Assets: $5,752,486
- Total Liabilities: $260,480
- Net Assets: $5,492,006
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Organization Details
Founding Year
1966
Phone
(641) 844-5747Principal Officer
Suzanne Mead
Main Address
3700 S CENTER STREET, MARSHALLTOWN, IA, 50158
NTEE Category
Code: B41I - Education
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