Overview
What is Butler Community College Foundation?
Butler Community College Foundation is a nonprofit organization situated in El Dorado, Kansas. Its primary mission is to support the college and its students by promoting planned giving and securing corresponding gifts. These contributions help sustain the foundation and its initiatives, such as providing support to athletics, student emergency loans, diversity training, and non-scholarship aid to various academic areas within the college. The foundation strengthens relationships with stakeholders, enabling them to contribute positively to the lives of Butler students. It fosters opportunities for these stakeholders to make a meaningful impact through its nurturing efforts.
Official website here: www.foundation.butlercc.edu/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Butler Community College Foundation has received a commendable Four-Star rating from Charity Navigator, signifying high standards in accountability and financial health. The organization's score is based entirely on its strong performance in accountability and finance, with a notable 94% rating in this category. Such a score reflects the foundation's commitment to responsible financial management and transparency.
Strengths of the foundation include having a fully independent board and excellent oversight measures, such as a robust audit and oversight committee. The organization scored well across various criteria, including having no material diversion of assets and a good program expense ratio, indicating effective use of funds towards its mission. Additionally, its fundraising efficiency is strong, with only $0.07 spent to raise each dollar, highlighting its ability to maintain low fundraising costs.
However, while the program expense ratio is solid, it is slightly lower than optimal, suggesting that a larger portion of funds could potentially be directed towards program services. Overall, the Butler Community College Foundation demonstrates strong financial integrity and operational effectiveness, making it a reliable choice for donors seeking to support educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Butler Community College Foundation legitimate?
Butler Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Butler 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: $203,963
Professional Fundraising Fees: $0
Other Salaries and Wages: $204,548
For more financial information, click here
Official website here: www.foundation.butlercc.edu/
What is the mission statement of Butler Community College Foundation?
The Butler Community College Foundation's mission is to foster relationships that enable stakeholders to contribute positively to the lives of the college's students. By educating donors about planned giving and securing such contributions, the foundation aims to ensure the foundation's stability and its continued support to the college. This support extends to various areas, including athletics, student emergency loans, diversity training, and non-scholarship aid to academic departments, thanks to the increase in both planned and current gifts that establish endowed funds.
Official website here: www.foundation.butlercc.edu/
Who is the CEO of Butler Community College Foundation?
Tom Borrego is the President of Butler Community College Foundation.
Official website here: www.foundation.butlercc.edu/
What is the revenue of Butler Community College Foundation?
Butler Community College Foundation's revenue in 2022 was $5,598,962.
Official website here: www.foundation.butlercc.edu/
Who are the executives of Butler Community College Foundation and what are their salaries?
There 32 volunteers at Butler Community College Foundation.
Here are 17 key members and their salaries:
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Official website here: www.foundation.butlercc.edu/
Where can I find the form 990 for Butler Community College Foundation?
Butler Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundation.butlercc.edu/
Learn more at the official website: www.foundation.butlercc.edu/
Mission Statement of Butler Community College Foundation
Butler Community College Foundation's mission is centered around fostering relationships that enable stakeholders to make a significant impact in the lives of students attending Butler Community College. By nurturing these relationships, the foundation aims to create opportunities that will benefit the college and its students in the long term. The foundation achieves this goal by educating donors about planned giving and securing such gifts. These planned gifts ensure the stability and longevity of the foundation, allowing it to continue supporting the college through various means.
Some of the areas where the foundation provides support include athletics, student emergency loans, diversity training, and non-scholarship aid to academic departments within the college. The increased number of planned and current gifts has resulted in the establishment of endowed funds, which in turn provide financial resources for these initiatives. By focusing on these areas, the Butler Community College Foundation plays a crucial role in enhancing the overall educational experience for its students, thereby contributing to their personal and academic growth.
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Impact
July, 2024
The Butler Community College Foundation's impact is significant in providing opportunities for stakeholders to make a difference in the lives of Butler students. Through the Forever Butler campaign, the foundation educates donors about planned giving and secures gifts that ensure the health and longevity of the organization. This support enables provisions to athletics, student emergency loans, diversity training, and non-scholarship support to academic areas of the college through increased planned and current gifts that establish endowed funds. The foundation's efforts in nurturing relationships and securing donations contribute to the overall success and well-being of Butler Community College.
This information is meant to be a general summary of Butler 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: $456,088
- Gross Receipts: $8,872,427
Assets and Liabilities:
- Total Assets: $20,998,736
- Total Liabilities: $1,552,006
- Net Assets: $19,446,730
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Organization Details
Founding Year
1966
Phone
(316) 323-6731Principal Officer
Tom Borrego
Main Address
901 S HAVERHILL RD, EL DORADO, KS, 670423225
Website
www.foundation.butlercc.edu/NTEE Category
Code: B114 - Education
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