Overview
What is Tidewater Community College Educational Foundation Inc?
Tidewater Community College Educational Foundation Inc, based in Norfolk, Virginia, is a dedicated nonprofit organization. Its primary mission is to support and enhance the growth, progress, and overall well-being of Tidewater Community College. They achieve this by providing various aids, including financial contributions, personnel, books, materials, and educational loans, scholarships, or grants to students. Specifically, they have offered 520 such scholarships or grants to students attending Tidewater Community College. This philanthropic endeavor aims to contribute positively to the college's activities and the educational journeys of its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star Rating
Tidewater Community College Educational Foundation Inc has achieved a strong 90% rating from Charity Navigator, reflecting its robust accountability and financial practices. The organization has a full score in several key areas, including independent board membership and financial oversight, indicating a solid commitment to governance and ethical management of funds.
The foundation boasts a high program expense ratio of 74.42%, demonstrating that a significant portion of its resources is directed towards its mission rather than administrative costs. Additionally, the organization has no reported material diversion of assets, suggesting a strong operational integrity and financial health.
While the rating highlights many strengths, it is essential for potential donors to consider the overall impact of the foundation's programs and services in their communities. Overall, the foundation appears to be a responsible steward of its resources, dedicated to transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Tidewater Community College Educational Foundation Inc legitimate?
Tidewater Community College Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tidewater 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: $130,000
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Tidewater Community College Educational Foundation Inc?
The Tidewater Community College Educational Foundation Inc's mission is centered around fostering and promoting the growth, progress, and general welfare of Tidewater Community College. To accomplish this, the foundation provides financial aid, personnel, and other resources to the college. They also donate to current college activities, purchase necessary books, materials, and equipment, and offer educational loans, scholarships, or grants to aid students. As of provided data, the foundation has distributed 520 educational scholarships or grants to students of Tidewater Community College.
Who is the CEO of Tidewater Community College Educational Foundation Inc?
Christopher P Bryant is the Executive Dir. And Vp Of Insti of Tidewater Community College Educational Foundation Inc.
What is the revenue of Tidewater Community College Educational Foundation Inc?
Tidewater Community College Educational Foundation Inc's revenue in 2022 was $1,944,059.
Who are the executives of Tidewater Community College Educational Foundation Inc and what are their salaries?
There 27 volunteers at Tidewater Community College Educational Foundation Inc.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $278,067
- Other: $60,738
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- Compensation: $0
- Related: $131,230
- Other: $34,295
Where can I find the form 990 for Tidewater Community College Educational Foundation Inc?
Tidewater Community College Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tidewater Community College Educational Foundation Inc
Tidewater Community College Educational Foundation Inc is an organization dedicated to fostering and promoting the growth, progress, and general welfare of Tidewater Community College. This is achieved by providing various aids such as financial support, personnel, books, materials, and equipment. The foundation also contributes to current college activities and offers educational loans, scholarships, or grants to aid students of the college. Additionally, Tidewater Community College Educational Foundation Inc has played a significant role in providing financial assistance, specifically by offering 520 educational scholarships or grants to students attending Tidewater Community College.
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Impact
July, 2024
Tidewater Community College Educational Foundation Inc has had a significant impact on the growth, progress, and general welfare of Tidewater Community College. It has provided 520 educational scholarships or grants to Tidewater Community College students, which has helped support their educational endeavors and advance their academic goals. By offering financial assistance, the foundation has enabled students to pursue higher education and better prepare themselves for the future. This support contributes to the overall improvement of the college and helps in creating a more educated and skilled workforce in the region.
This information is meant to be a general summary of Tidewater 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 2022.
- Investment Income: $114,757
- Gross Receipts: $4,907,145
Assets and Liabilities:
- Total Assets: $9,741,440
- Total Liabilities: $42,623
- Net Assets: $9,698,817
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Organization Details
Founding Year
1981
Phone
(757) 822-1081Principal Officer
Christopher P Bryant
Main Address
121 COLLEGE PLACE 5TH FLOOR, NORFOLK, VA, 23510
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