Overview
What is Santa Fe College Foundation Inc?
Santa Fe College Foundation Inc is a nonprofit organization based in Gainesville, Florida, specifically at 3000 NW 83 STREET. Their primary mission is to enhance the educational experience for students at Santa Fe College and contribute to the local community. They achieve this by inspiring and engaging private donors, cultivating relationships, and providing support through scholarships, program enhancements, and facilities improvements. The foundation plays a crucial role in enabling the college to meet the needs of students in outlying areas of its two-county service district by maintaining and upgrading its facilities. In simpler terms, Santa Fe College Foundation Inc is a vital link between the college and its supporters, working tirelessly to enrich the lives of students and the community by offering financial aid, improving educational programs, and maintaining college facilities.
Official website here: www.sfcollege.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator rating: 97%, Four-Star out of Four Star rating.
The Santa Fe College Foundation Inc has achieved an impressive score of 97% in the Accountability & Finance category, reflecting a strong commitment to transparency and effective financial management. The organization boasts a fully independent board, with all 18 members being independent, which is critical for ensuring unbiased governance. Additionally, there are no material diversions of assets, and the organization's financial statements are well-audited, showcasing robust oversight.
The foundation's program expense ratio of 88.69% indicates that a significant majority of its expenses are directed towards its mission-related programs, demonstrating a strong focus on impact. Its fundraising efficiency is also exemplary, with no reported fundraising costs, highlighting the organization's ability to utilize donations effectively. The foundation's extensive policies on conflict of interest, whistleblower protection, and document retention further enhance its operational integrity.
Overall, the Santa Fe College Foundation Inc is positioned as a highly reputable nonprofit with commendable financial practices and governance structures in place. There are no noted limitations in the data, making it a strong candidate for supporter engagement and funding.
This AI summary has been generated from information found on Charity Navigator.
Is Santa Fe College Foundation Inc legitimate?
Santa Fe College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Fe College Foundation Inc 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: $0
For more financial information, click here
Official website here: www.sfcollege.edu/foundation
What is the mission statement of Santa Fe College Foundation Inc?
The Santa Fe College Foundation Inc's mission is to motivate and encourage private donors to enhance the educational experiences of Santa Fe College students and contribute to the community. They accomplish this by providing scholarships, improving academic programs, and supporting essential facilities. By doing so, they aim to enrich the lives of students and contribute to the community's needs, particularly in outlying areas. The foundation focuses on maintaining and upgrading the college's facilities, ensuring the college can effectively meet the demands of its service district.
Official website here: www.sfcollege.edu/foundation
Who is the CEO of Santa Fe College Foundation Inc?
Charles W Clemons is the Secretary of Santa Fe College Foundation Inc.
Official website here: www.sfcollege.edu/foundation
What is the revenue of Santa Fe College Foundation Inc?
Santa Fe College Foundation Inc's revenue in 2022 was $6,200,802.
Official website here: www.sfcollege.edu/foundation
Who are the executives of Santa Fe College Foundation Inc and what are their salaries?
There 19 volunteers at Santa Fe College Foundation Inc.
Here are 21 key members and their salaries:
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- Related: $365,432
- Other: $126,345
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- Other: $50,934
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- Related: $99,258
- Other: $39,258
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Official website here: www.sfcollege.edu/foundation
Where can I find the form 990 for Santa Fe College Foundation Inc?
Santa Fe College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sfcollege.edu/foundation
Learn more at the official website: www.sfcollege.edu/foundation
Mission Statement of Santa Fe College Foundation Inc
Santa Fe College Foundation Inc plays a vital role in inspiring, cultivating, and assisting private donors to enrich the community and its students at Santa Fe College. The primary mission of this organization is to enhance the educational experience for students by providing scholarships, improving programs, and supporting the college's facilities. By doing so, Santa Fe College Foundation Inc aims to contribute positively to the overall development of the community.
In more specific terms, the Santa Fe College Foundation Inc's mission is to encourage philanthropy by engaging with private donors. These donors contribute to enriching the educational experience for Santa Fe College students by providing financial assistance in the form of scholarships. Additionally, the foundation supports program enhancements and facilities, enabling the college to meet the evolving needs of its students and the community. This proactive approach to fundraising and resource allocation allows Santa Fe College to better serve its student population and strengthen its position in the educational landscape.
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Impact
July, 2024
Santa Fe College Foundation Inc inspires, cultivates, and assists private donors to enrich Santa Fe College students and our community through scholarships, program enhancements, and facilities support in Gainesville, FL. Their impact includes providing crucial financial support for students pursuing higher education, enhancing educational programs, and maintaining facilities for the college's use in the two-county service district. Through their efforts, they contribute to the growth and success of Santa Fe College, benefiting both students and the wider community.
This information is meant to be a general summary of Santa Fe College Foundation Inc. 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: -$543,646
- Program Service Revenue: $191,497
- Gross Receipts: $21,816,835
Assets and Liabilities:
- Total Assets: $100,156,233
- Total Liabilities: $1,850,776
- Net Assets: $98,305,457
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EDUCATIONAL PROGRAMS/SEMINARS
Revenue
$191,497
Organization Details
Founding Year
1969
Phone
(352) 395-5200Principal Officer
Charles W Clemons
Main Address
3000 NW 83 STREET, GAINESVILLE, FL, 32606
Website
www.sfcollege.edu/foundationNTEE Category
Code: B82 - Education
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