Overview
What is Wor-Wic Community College Foundation Inc?
Wor-Wic Community College Foundation Inc is a nonprofit organization situated in Salisbury, Maryland, specifically at 32000 Campus Drive. Its primary mission is to contribute towards charitable and educational purposes, aimed at benefiting Wor-Wic Community College. The foundation achieves this by funding scholarships for college students, thus enabling them to further their education. Established with a noble purpose, Wor-Wic Community College Foundation Inc is dedicated to supporting its affiliated college and enriching the lives of its students.
Official website here: www.worwic.edu/about/foundation.aspx
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
Wor-Wic Community College Foundation Inc has received an overall score of 84%, reflecting strong accountability and financial practices. The organization boasts a fully independent board, achieving full points in both independent board membership and size. Additionally, they have a solid program expense ratio of 80.70%, indicating that a significant portion of their expenditures goes directly towards their mission.
Despite these strengths, the foundation has several areas for improvement. Notably, they lack a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which could enhance their operational transparency and governance. Furthermore, the foundation's tax form is not posted on their website, which may limit public access to important financial information.
Overall, while Wor-Wic Community College Foundation Inc demonstrates commendable financial accountability, addressing the noted policy deficiencies could strengthen their organizational integrity and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Wor-Wic Community College Foundation Inc legitimate?
Wor-Wic Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wor-Wic 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.
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For more financial information, click here
Official website here: www.worwic.edu/about/foundation.aspx
What is the mission statement of Wor-Wic Community College Foundation Inc?
The Wor-Wic Community College Foundation Inc is a charitable and educational organization, established with the primary goal of benefiting Wor-Wic Community College. Its mission is centered around providing resources for charitable and educational purposes, aiming to support the college and its students. Specifically, the foundation offers scholarships to students, enabling them to advance their education. This financial aid is instrumental in furthering the educational pursuits of the college's student body.
Official website here: www.worwic.edu/about/foundation.aspx
Who is the CEO of Wor-Wic Community College Foundation Inc?
Stefanie Rider is the Secretary of Wor-Wic Community College Foundation Inc.
Official website here: www.worwic.edu/about/foundation.aspx
What is the revenue of Wor-Wic Community College Foundation Inc?
Wor-Wic Community College Foundation Inc's revenue in 2023 was $1,168,899.
Official website here: www.worwic.edu/about/foundation.aspx
Who are the executives of Wor-Wic Community College Foundation Inc and what are their salaries?
Here are 15 key members and their salaries:
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- Related: $48,288
- Other: $22,864
Official website here: www.worwic.edu/about/foundation.aspx
Where can I find the form 990 for Wor-Wic Community College Foundation Inc?
Wor-Wic Community College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.worwic.edu/about/foundation.aspx
Learn more at the official website: www.worwic.edu/about/foundation.aspx
Mission Statement of Wor-Wic Community College Foundation Inc
Wor-Wic Community College Foundation Inc, established for charitable and educational purposes, is dedicated to benefiting Wor-Wic Community College. This non-profit organization's mission is centered around providing financial aid in the form of scholarships for students, enabling them to further their education. By doing so, the Foundation contributes significantly to the academic growth and success of the college community.
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Impact
July, 2024
Wor-Wic Community College Foundation Inc's impact is significant in providing funding to Wor-Wic Community College to offer scholarships to students, enabling them to further their education. This support plays a crucial role in helping students pursue their academic goals and achieve success. The foundation's efforts contribute to the educational advancement of individuals in the community, creating opportunities for personal growth and economic development. Through its charitable and educational initiatives, Wor-Wic Community College Foundation Inc positively impacts the lives of students and strengthens the community as a whole.
This information is meant to be a general summary of Wor-Wic 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: $178,747
- Gross Receipts: $1,318,661
Assets and Liabilities:
- Total Assets: $33,474,183
- Total Liabilities: $236,665
- Net Assets: $33,237,518
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Organization Details
Founding Year
1981
Phone
(410) 334-2808Principal Officer
Stefanie Rider
Main Address
32000 CAMPUS DRIVE, SALISBURY, MD, 21804
NTEE Category
Code: B41I - Education
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