Overview
What is Northern Virginia Community College Educational Foundation Inc?
Northern Virginia Community College Educational Foundation Inc is a nonprofit organization situated in Annandale, Virginia. Its primary mission is to bolster private philanthropy, aiming to strengthen the college's community partnerships and secure resources for strategic priorities. The foundation supports unmet academic and student service needs, as well as workforce programs across all six campuses and Nova Online. It annually awards faculty and staff for programs and professional development not covered by the state budget. The foundation's purpose is to enhance the quality of education at Northern Virginia Community College, providing scholarships for students and support for faculty initiatives that wouldn't otherwise be funded by state funds.
Official website here: www.giving.nvcc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
Northern Virginia Community College Educational Foundation Inc has achieved a high rating of 95%, reflecting its strong performance in accountability and finance. This rating is based entirely on a comprehensive evaluation of the organization’s financial practices, emphasizing transparency and responsible management of resources.
The foundation demonstrates robust governance with an entirely independent board composed of 16 members, showcasing their commitment to ethical oversight. They have implemented extensive policies, including conflict of interest, whistleblower protections, and document retention, all of which contribute to their strong accountability framework. Financial metrics are impressive, including a program expense ratio of 80.86% and a minimal fundraising efficiency cost of just $0.02, indicating effective use of funds.
No significant limitations have been noted in the ratings data, which speaks to the foundation's sound financial practices and transparency. Overall, the foundation appears well-equipped to fulfill its mission, ensuring that a high percentage of donations directly support its programs.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Northern Virginia Community College Educational Foundation Inc?
82% of the 320 reviewers on Facebook recommend the Northern Virginia Community College Educational Foundation Inc. Here is a summary of their reviews:
Many users express appreciation for the positive impact that the foundation has on education within the community. They highlight its commitment to supporting students and enhancing their educational experiences, which has resonated well with supporters. The organization appears to create a sense of connection, fostering a supportive environment for those seeking educational advancement.
However, it’s important to note that the reviews reflect a mixed sentiment overall. While a significant portion endorse the foundation for its initiatives and community contributions, some comments indicate areas for improvement. Regardless, the foundation is recognized for its efforts and programs aimed at enriching the educational landscape.
This AI summary has been generated from reviews found on Facebook.
Is Northern Virginia Community College Educational Foundation Inc legitimate?
Northern Virginia Community College Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northern Virginia Community College Educational 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: $476,756
For more financial information, click here
Official website here: www.giving.nvcc.edu
What is the mission statement of Northern Virginia Community College Educational Foundation Inc?
The Northern Virginia Community College Educational Foundation Inc's mission is to amplify private funding for the Northern Virginia Community College. This foundation supports the college's objective of offering high-quality, transformative education to all students. They raise private funds to enhance college programs, establish student scholarships, and award faculty for initiatives not financed by state funds. The foundation aims to boost private philanthropy, secure resources for strategic priorities, and sustain initiatives that strengthen the college's community partnerships. It addresses unmet academic and student services needs and workforce programs across all six campuses and online, as well as offers annual awards to faculty and staff for professional development programs not covered by the state budget.
Official website here: www.giving.nvcc.edu
Who is the CEO of Northern Virginia Community College Educational Foundation Inc?
Walter Rizer is the Principal Officer of Northern Virginia Community College Educational Foundation Inc.
Official website here: www.giving.nvcc.edu
What is the revenue of Northern Virginia Community College Educational Foundation Inc?
Northern Virginia Community College Educational Foundation Inc's revenue in 2023 was $3,781,761.
Official website here: www.giving.nvcc.edu
Who are the executives of Northern Virginia Community College Educational Foundation Inc and what are their salaries?
There 23 volunteers at Northern Virginia Community College Educational Foundation Inc.
Here are 22 key members and their salaries:
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- Related: $149,652
- Other: $33,982
Official website here: www.giving.nvcc.edu
Where can I find the form 990 for Northern Virginia Community College Educational Foundation Inc?
Northern Virginia Community College Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.giving.nvcc.edu
Learn more at the official website: www.giving.nvcc.edu
Mission Statement of Northern Virginia Community College Educational Foundation Inc
The Northern Virginia Community College Educational Foundation Inc's mission is centered around collecting and managing private resources to support the Northern Virginia Community College. This foundation plays a crucial role in furthering the college's objective of providing a high-quality, life-transforming education to all its students. The foundation raises private funds to bolster the college's programs, establish student scholarships, and offer awards to faculty for initiatives that are not supported by state funds.
In essence, the Northern Virginia Community College Educational Foundation Inc strives to significantly increase private philanthropy with the aim of building a robust endowment. This endowment serves to secure resources for the college's strategic priorities and sustain initiatives that strengthen its community partnerships. The foundation also supports unmet academic and student services needs, as well as workforce programs, across all six campuses and through Nova Online. Furthermore, it provides annual awards to faculty and staff for programs and professional development that are not covered by the state budget.
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Impact
July, 2024
Northern Virginia Community College Educational Foundation Inc significantly impacts the Northern Virginia Community College by collecting and managing private resources to support the college's programs and initiatives. The foundation exists to increase private philanthropy, build a strong endowment, secure resources for NOVA's strategic priorities, and sustain initiatives that strengthen the college's community partnerships. It supports unmet academic and student services needs, workforce programs on all six campuses, and NOVA Online. Additionally, the foundation provides awards to faculty and staff annually for programs and professional development not covered by the state budget. Through its efforts, the foundation helps enhance NOVA's programs, create student scholarships, and support faculty in achieving the college's goal of providing all students with a high-quality, life-changing education.
This information is meant to be a general summary of Northern Virginia Community College Educational 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 2023.
- Investment Income: $234,491
- Program Service Revenue: $191,122
- Gross Receipts: $4,535,505
Assets and Liabilities:
- Total Assets: $35,797,686
- Total Liabilities: $586,034
- Net Assets: $35,211,652
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION
Revenue
$191,122
Organization Details
Founding Year
1979
Phone
(703) 323-3023Principal Officer
Walter Rizer
Main Address
4001 WAKEFIELD CHAPEL ROAD 275, ANNADALE, VA, 22003
Website
www.giving.nvcc.eduNTEE Category
Code: B11 - Education
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