Overview
What is Frederick Community College Foundation Inc?
Frederick Community College Foundation Inc is a nonprofit organization located in Frederick, Maryland, specifically at 7932 Opossumtown Pike. Their primary mission is to support Frederick Community College by providing scholarships for qualified students and aiding in various programs offered by the institution. The foundation's activities are geared towards enhancing the college's capabilities and ensuring financial aid is accessible to deserving students. By doing so, they contribute to the educational growth and development of the community.
Official website here: www.frederick.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Frederick Community College Foundation Inc has received an impressive 96% rating, indicating a strong commitment to accountability and finance. This rating is based solely on their performance in these areas, showcasing their effective management practices and financial health.
The organization demonstrates notable strengths, including a fully independent board with 100% members, a strong program expense ratio of 92.70%, and comprehensive oversight policies such as conflict of interest and whistleblower protections. These factors contribute to the foundation's transparency and integrity in operations.
There are no significant limitations or concerns highlighted in the data, underscoring that the Frederick Community College Foundation Inc is a well-managed nonprofit dedicated to its mission. The foundation's financial practices are sound, with no material diversion of assets reported, which further reinforces its reliability as a charitable organization.
This AI summary has been generated from information found on Charity Navigator.
Is Frederick Community College Foundation Inc legitimate?
Frederick Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frederick Community 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: $20,819
For more financial information, click here
Official website here: www.frederick.edu
What is the mission statement of Frederick Community College Foundation Inc?
The Frederick Community College Foundation Inc's mission is centered around providing support for Frederick Community College. This support is primarily aimed at enhancing the availability of scholarships for qualified students, as well as other educational programs offered by the college. In essence, the foundation aims to contribute to the college's objectives, thereby facilitating access to higher education for deserving students.
Official website here: www.frederick.edu
Who is the CEO of Frederick Community College Foundation Inc?
Frank Jarboe Sr is the Fcc President of Frederick Community College Foundation Inc.
Official website here: www.frederick.edu
What is the revenue of Frederick Community College Foundation Inc?
Frederick Community College Foundation Inc's revenue in 2023 was $1,318,420.
Official website here: www.frederick.edu
Who are the executives of Frederick Community College Foundation Inc and what are their salaries?
There 130 volunteers at Frederick Community College Foundation Inc.
Here are 18 key members and their salaries:
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- Related: $95,338
- Other: $17,531
Official website here: www.frederick.edu
Where can I find the form 990 for Frederick Community College Foundation Inc?
Frederick Community College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.frederick.edu
Learn more at the official website: www.frederick.edu
Mission Statement of Frederick Community College Foundation Inc
Frederick Community College Foundation Inc, a nonprofit organization, is committed to supporting Frederick Community College. Its primary mission is to enhance the college's capabilities by providing scholarships to qualified students and contributing to other programs offered by the institution. The foundation aims to foster educational growth and opportunities, making higher education more accessible for deserving students. By offering scholarships, the Frederick Community College Foundation Inc plays a significant role in empowering students and enabling them to pursue their academic goals.
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Impact
July, 2024
Frederick Community College Foundation Inc's impact is significant in providing support to Frederick Community College. By offering scholarships to qualified students, the foundation enhances the educational opportunities available at the college. This support helps students pursue their academic goals and ultimately contributes to the growth and success of both the students and the college. Through its initiatives, the foundation plays a crucial role in fostering a culture of learning and advancement in the Frederick community.
This information is meant to be a general summary of Frederick Community 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 2023.
- Investment Income: $509,544
- Gross Receipts: $1,391,227
Assets and Liabilities:
- Total Assets: $20,849,348
- Total Liabilities: $83,670
- Net Assets: $20,765,678
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Organization Details
Founding Year
1981
Phone
(301) 846-2438Principal Officer
Frank Jarboe Sr
Main Address
7932 OPOSSUMTOWN PIKE, FREDERICK, MD, 21702
Website
www.frederick.eduNTEE Category
Code: B84 - Education
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