Overview
What is Victor Valley College Foundation?
Victor Valley College Foundation is a nonprofit organization situated in Victorville, California, specifically at 18422 Bear Valley Road. Its primary mission is to support the operations and students of Victor Valley Community College by securing donations for scholarships and loans for financially struggling students. In addition to this, the Foundation actively works on creating resources and grants to bolster educational programs within the college. The organization strives to foster connections and partnerships to help Victor Valley College better serve its community. With a team of six dedicated individuals, the Foundation plays an essential role in making higher education more accessible to deserving students in the area.
Official website here: www.vvcfoundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star rating
Victor Valley College Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The foundation received a perfect score in several areas, including its governance structure, with 100% of board members being independent, and outstanding performance in financial metrics. The organization demonstrates excellent financial oversight with no material diversion of assets and effective management of resources, as evidenced by a 92.91% program expense ratio.
The foundation's strong financial health is reflected in its low liabilities to assets ratio of 0.68%, along with an efficient fundraising model, which shows a fundraising cost of only $0.03 per dollar raised. Additionally, the organization has implemented comprehensive policies such as conflict of interest and whistleblower policies, ensuring transparency and ethical governance.
While the data highlights numerous strengths, it is essential to consider that the foundation primarily focuses on accountability and financial metrics. Potential donors may want to inquire further about program outcomes and community impact to gain a complete understanding of the foundation's overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Victor Valley College Foundation legitimate?
Victor Valley College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victor Valley 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:
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Other Salaries and Wages: $20,672
For more financial information, click here
Official website here: www.vvcfoundation.com
What is the mission statement of Victor Valley College Foundation?
The Victor Valley College Foundation's mission is centered around cultivating resources and fostering relationships to aid Victor Valley College in serving its community. Specifically, the foundation's activities involve soliciting donations for scholarships and loans for financially disadvantaged students. Additionally, it provides grants to support the college's educational programs. In essence, the foundation plays a crucial role in augmenting the college's operational capabilities and enhancing the educational opportunities for its students.
Official website here: www.vvcfoundation.com
Who is the CEO of Victor Valley College Foundation?
Fred Hunter is the President of Victor Valley College Foundation.
Official website here: www.vvcfoundation.com
What is the revenue of Victor Valley College Foundation?
Victor Valley College Foundation's revenue in 2023 was $4,250,216.
Official website here: www.vvcfoundation.com
Who are the executives of Victor Valley College Foundation and what are their salaries?
The average compensation at Victor Valley College Foundation during 2023 was $3,445. There are 6 employees and 32 volunteers at Victor Valley College Foundation.
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Official website here: www.vvcfoundation.com
Where can I find the form 990 for Victor Valley College Foundation?
Victor Valley College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vvcfoundation.com
Learn more at the official website: www.vvcfoundation.com
Mission Statement of Victor Valley College Foundation
The Victor Valley College Foundation, in its mission, works towards building resources and fostering relationships to aid Victor Valley College in serving their community. This nonprofit organization plays a vital role in supporting the college's operations and students by raising funds for scholarships and loans for financially struggling yet deserving students. Furthermore, the Foundation contributes to the growth of educational programs at Victor Valley Community College by providing grants.
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Impact
July, 2024
Victor Valley College Foundation plays a crucial role in supporting the operations and students of Victor Valley Community College. By eliciting donations for scholarships and loans, the Foundation helps needy and deserving college students access education. Additionally, the Foundation develops resources and provides grants to support educational programs at the college. Through these efforts, Victor Valley College Foundation has a direct impact on empowering students and enhancing educational opportunities in the Victorville community.
This information is meant to be a general summary of Victor Valley 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: $2,101
- Gross Receipts: $4,324,509
Assets and Liabilities:
- Total Assets: $5,116,286
- Total Liabilities: $35,079
- Net Assets: $5,081,207
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Organization Details
Founding Year
1975
Phone
(760) 245-4271Principal Officer
Fred Hunter
Main Address
18422 Bear Valley Rd, Victorville, CA, 92395
Website
www.vvcfoundation.comIf you are a representative of Victor Valley 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.