Overview
What is The Friends Of Chabot College?
The Friends of Chabot College (FCC) is a charitable organization based in Hayward, California, specifically at 25555 Hesperian Blvd, 94545. Their mission is to support Chabot College and its students through various philanthropic activities, such as fundraisers, scholarship opportunities, and emergency aid provisions. Since the onset of the pandemic in 2020, FCC has been distributing substantial direct emergency aid to students, leading to improved success and retention rates among recipients. In addition to this, they held their annual gala fundraiser, raising an impressive 40,000 dollars for the college's programs and scholarships. The Friends of Chabot College also manages a significant number of scholarship applications, awarding over 93,000 dollars in scholarships to Chabot students annually. They achieve their philanthropic goals through various means, including cash gifts, legacy gifts, corporate contributions, in-kind contributions, and other funding methods.
Official website here: www.supportchabotcollege.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The Friends Of Chabot College has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. This is evident in their high accountability and finance score of 96%, which is based entirely on a single beacon score. The organization has demonstrated good practices, such as having a fully independent board, indicating a strong governance structure.
Strengths highlighted in the data include a perfect score for having a majority of independent board members and a comprehensive audit and oversight committee. Additionally, the organization has maintained a high program expense ratio of 90.49%, suggesting that a significant portion of their funds is directed towards fulfilling their mission. Their policies on conflict of interest, whistleblowing, and document retention are well-documented, further underscoring their commitment to ethical practices.
While the rating indicates strong performance in governance and financial management, there are no noted limitations or areas for improvement in the provided data. Overall, The Friends Of Chabot College showcases a robust operational framework that is likely to inspire confidence among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Friends Of Chabot College legitimate?
The Friends Of Chabot College is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Friends Of Chabot College 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.supportchabotcollege.org/
What is the mission statement of The Friends Of Chabot College?
The Friends of Chabot College facilitates various methods of giving, including cash gifts, legacy gifts, corporate contributions, in-kind contributions, and other means, to secure funds for the advancement of the college and its students. Their mission is to support Chabot College programs and students through philanthropic activities, such as fundraisers, scholarship and emergency aid opportunities. In response to the pandemic, The Friends of Chabot College has distributed substantial emergency aid to students since 2020, leading to higher success and retention rates among the recipients. The organization also held an annual gala fundraiser, raising 40,000 dollars for supporting Chabot programs and scholarships. Furthermore, The Friends of Chabot College received over a thousand scholarship applications and awarded over 93,000 dollars in scholarships to Chabot students.
Official website here: www.supportchabotcollege.org/
Who is the CEO of The Friends Of Chabot College?
Dale Wagoner is the Treasurer of The Friends Of Chabot College.
Official website here: www.supportchabotcollege.org/
What is the revenue of The Friends Of Chabot College?
The Friends Of Chabot College's revenue in 2022 was $875,013.
Official website here: www.supportchabotcollege.org/
Who are the executives of The Friends Of Chabot College and what are their salaries?
Here are 10 key members and their salaries:
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- Related: $148,421
- Other: $62,723
Official website here: www.supportchabotcollege.org/
Where can I find the form 990 for The Friends Of Chabot College?
The Friends Of Chabot College's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.supportchabotcollege.org/
Learn more at the official website: www.supportchabotcollege.org/
Mission Statement of The Friends Of Chabot College
The Friends of Chabot College, a philanthropic organization, plays a crucial role in securing funds for the advancement of Chabot College and its students. Their mission is twofold: firstly, they facilitate cash gifts, legacy gifts, corporate contributions, in-kind contributions, and other methods of giving. Secondly, these funds are utilized to support various programs and aid students at the college. Through their philanthropic activities, such as fundraisers and scholarship opportunities, they contribute significantly to the success and retention rates of Chabot students. In response to the pandemic, The Friends of Chabot College has distributed large amounts of direct emergency aid to students since 2020. This aid has proven to be beneficial, with students who received it demonstrating higher success and retention rates compared to those who did not. The organization has also held annual galas, raising funds to support Chabot programs and scholarships. Additionally, The Friends of Chabot College has received over a thousand scholarship applications and awarded over ninety-three thousand dollars in scholarships to Chabot students, furthering their educational pursuits.
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Impact
July, 2024
The Friends of Chabot College has had a significant impact by supporting Chabot College programs and students through various philanthropic activities. In response to the pandemic, the organization has been distributing significant amounts of direct emergency aid to students since 2020. This aid has contributed to higher success rates and retention rates among students who received it compared to those who did not. Additionally, the Friends of Chabot College held its annual gala fundraiser, raising $40,000 that went towards supporting Chabot programs and scholarships. The organization also received over 1,000 scholarship applications and awarded over $93,000 in scholarships to Chabot students. Overall, the Friends of Chabot College plays a vital role in securing funds for the advancement of the college and its students, making a tangible difference in the lives of those it supports.
This information is meant to be a general summary of The Friends Of Chabot College. 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: $6,604
- Program Service Revenue: $43,728
- Gross Receipts: $1,195,970
Assets and Liabilities:
- Total Assets: $1,369,204
- Total Liabilities: $283,958
- Net Assets: $1,085,246
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STEWARDSHIP FEES
Revenue
$30,092
PROGRAM EVENT SALES
Revenue
$8,335
MANAGED FUND FEES
Revenue
$5,301
Organization Details
Founding Year
2013
Phone
(510) 723-6633Principal Officer
Dale Wagoner
Main Address
25555 HESPERIAN BLVD, HAYWARD, CA, 945452447
NTEE Category
Code: B11 - Education
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