Overview
What is Bismarck State College Foundation?
The Bismarck State College Foundation is a nonprofit organization situated in Bismarck, North Dakota. Its primary focus is providing financial assistance through the BSC Foundation Grant Program, which supports innovative teaching projects, learning activities, travel, campus events, and research for Bismarck State College staff, faculty, and student organizations. Funding is granted by the Board of Trustees Programs Committee. Furthermore, the foundation leases two residence halls, Ritchie Hall and Gate City Hall, to Bismarck State College, offering apartment-style housing for 128 students. The foundation's purpose is to engage in activities that contribute to the development and advancement of Bismarck State College.
Official website here: www.bismarckstate.edu/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star Rating)
Bismarck State College Foundation has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization excels in maintaining a majority-independent board, with 98% of board members being independent, and demonstrates effective oversight through its audit committee. Financially, it reports low liabilities and high program expense ratios, indicating a focus on its mission rather than administrative costs.
The organization also shows strong fundraising efficiency, requiring only $0.07 to raise a dollar, which is a significant strength. However, there are areas needing attention, such as the absence of a whistleblower policy and a document retention and destruction policy, both of which received zero points in their evaluation. Addressing these governance gaps could enhance the foundation's overall operational integrity.
Overall, Bismarck State College Foundation's high rating underscores its effective management and financial health, suggesting it is a trustworthy option for potential donors. The foundation's focus on using funds for programs rather than overhead highlights its commitment to serving its educational mission effectively.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Bismarck State College Foundation?
88% of 48 reviewers on Facebook recommend the Bismarck State College Foundation. Here is a summary of their reviews:
Overall, reviewers appreciate the support and resources provided by the foundation, highlighting its commitment to enhancing educational opportunities. Many express gratitude for the scholarships and assistance they received, indicating that these contributions significantly impacted their academic journeys.
However, the feedback is limited, with only one specific comment available for analysis. That being said, the overall sentiment leans positive, reflecting a belief that the foundation effectively supports its mission and fosters a strong educational environment.
This AI summary has been generated from reviews found on Facebook.
Is Bismarck State College Foundation legitimate?
Bismarck State College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bismarck State 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: $303,550
For more financial information, click here
Official website here: www.bismarckstate.edu/foundation/
What is the mission statement of Bismarck State College Foundation?
The Bismarck State College Foundation's mission is centered around supporting and aiding in the development and advancement of Bismarck State College. This is achieved through various activities, including providing financial assistance for innovative teaching projects, creative learning initiatives, and other educational programs. The foundation also leases residential halls to the college, providing housing for a portion of its student body. The BSC Foundation Grant Program, overseen by the Board of Trustees Programs Committee, plays a significant role in funding these initiatives.
Official website here: www.bismarckstate.edu/foundation/
Who is the CEO of Bismarck State College Foundation?
Kari Knudson is the Chair of Bismarck State College Foundation.
Official website here: www.bismarckstate.edu/foundation/
What is the revenue of Bismarck State College Foundation?
Bismarck State College Foundation's revenue in 2023 was $5,589,699.
Official website here: www.bismarckstate.edu/foundation/
Who are the executives of Bismarck State College Foundation and what are their salaries?
There 95 volunteers at Bismarck State College Foundation.
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Official website here: www.bismarckstate.edu/foundation/
Where can I find the form 990 for Bismarck State College Foundation?
Bismarck State College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bismarckstate.edu/foundation/
Learn more at the official website: www.bismarckstate.edu/foundation/
Mission Statement of Bismarck State College Foundation
The Bismarck State College Foundation is dedicated to supporting and aiding in the development and advancement of Bismarck State College. This nonprofit organization carries out activities that contribute to the college's growth and progress. One of their key initiatives is the BSC Foundation Grant Program, which provides financial resources to staff, faculty, and student organizations for various innovative projects. These projects range from teaching and learning enhancements to travel opportunities, cultural events, and research endeavors. By supporting these projects, the Foundation fosters an environment that encourages creativity and academic excellence at Bismarck State College.
Furthermore, the Bismarck State College Foundation plays a crucial role in providing student housing. They lease two residence halls, Ritchie Hall and Gate City Hall, to the college. These co-educational apartment style halls offer accommodation to 128 students, providing a living space that is conducive to academic success and personal growth. By providing student housing, the Foundation contributes to the overall well-being and success of the students at Bismarck State College. In summary, the Bismarck State College Foundation's mission is to support the development of Bismarck State College through various initiatives, including grants and student housing.
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Impact
July, 2024
The Bismarck State College Foundation has a significant impact on Bismarck State College by supporting the development and advancement of the institution. Through their Grant Program, they provide funding for a wide variety of projects that enhance teaching, learning, and innovative initiatives at the college. The Foundation also plays a crucial role in providing student housing by leasing residence halls to the college, creating a supportive and engaging campus community. By engaging in activities that directly benefit Bismarck State College, the Foundation contributes to the overall educational experience and success of students, faculty, and staff.
This information is meant to be a general summary of Bismarck State 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: $1,080,355
- Program Service Revenue: $374,970
- Gross Receipts: $12,943,241
Assets and Liabilities:
- Total Assets: $53,602,906
- Total Liabilities: $8,260,269
- Net Assets: $45,342,637
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Student Housing
Revenue
$365,775
Other Revenue
Revenue
$9,195
Organization Details
Founding Year
1979
Phone
(701) 224-5700Principal Officer
Kari Knudson
Main Address
PO Box 5587, Bismarck, ND, 585065587
NTEE Category
Code: B110 - Education
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