Overview
What is Howard Community College Educational Foundation Inc?
Howard Community College Educational Foundation Inc is a nonprofit organization situated in Columbia, Maryland, specifically at 10901 Little Patuxent Parkway, 21044. Their primary focus is to benefit Howard Community College, its faculty, and students, funding various programs each year. The foundation's mission is to enhance lives and create opportunities by financing pathways to student success at Howard Community College. Recognizing the college's affordability, nearly half of the students require financial assistance. Scholarships and financial support for programs help students achieve their educational objectives, thereby ensuring the continuation of their academic journey.
Official website here: www.howardcc.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 87% (Three-Star out of Four Star rating)
The Howard Community College Educational Foundation Inc has received a solid rating of 87%, which reflects strong accountability and financial practices. This score is entirely derived from their Accountability & Finance metrics, indicating a strong emphasis on maintaining transparent and responsible operations. Their fiscal practices are commendable, with ratios indicating low liabilities and high program expenses, demonstrating effective use of funds towards their mission.
The organization boasts a fully independent board, consisting of 22 members, which is crucial for impartial decision-making and governance. Additionally, they have implemented several policies such as conflict of interest and whistleblower protections, further showcasing their commitment to ethical practices. Their fiscal year 2023 results indicate they are effectively managing their resources, with a low fundraising efficiency ratio, meaning they spend very little to raise funds.
While the foundation's overall rating is impressive, potential donors may consider the relatively moderate three-star rating as an area for improvement. However, the absence of any material diversion of assets and the well-structured governance policies suggest a robust organizational framework that prioritizes integrity and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Howard Community College Educational Foundation Inc legitimate?
Howard Community College Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Howard 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.
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Official website here: www.howardcc.edu
What is the mission statement of Howard Community College Educational Foundation Inc?
The Howard Community College Educational Foundation Inc's mission is centered around enhancing lives and creating opportunities. They achieve this by funding various pathways that contribute to student success at Howard Community College. Despite the college being relatively affordable, nearly half of the students require financial assistance. Scholarships and financial support for programs play a crucial role in helping students achieve their educational objectives.
Official website here: www.howardcc.edu
What is the revenue of Howard Community College Educational Foundation Inc?
Howard Community College Educational Foundation Inc's revenue in 2024 was $3,603,604.
Official website here: www.howardcc.edu
Who are the executives of Howard Community College Educational Foundation Inc and what are their salaries?
There 150 volunteers at Howard Community College Educational Foundation Inc.
Here are 24 key members and their salaries:
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Official website here: www.howardcc.edu
Where can I find the form 990 for Howard Community College Educational Foundation Inc?
Howard Community College Educational Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.howardcc.edu
Learn more at the official website: www.howardcc.edu
Mission Statement of Howard Community College Educational Foundation Inc
The Howard Community College Educational Foundation Inc, with a vision to enhance lives and foster opportunities, dedicatedly supports student success at Howard Community College. Recognizing the affordability of the college, yet acknowledging that nearly half of the students require some form of financial assistance, this organization offers scholarships and financial support for various programs. This aid enables students to pursue their educational aspirations effectively. By funding these pathways, the Howard Community College Educational Foundation Inc plays a significant role in empowering students to achieve their academic goals.
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Impact
July, 2024
The impact of the Howard Community College Educational Foundation Inc is significant in supporting student success at Howard Community College in Columbia, Maryland. The foundation funds programs to benefit both the college faculty and students, creating pathways to success for individuals seeking education. With nearly half of all students receiving some form of financial assistance, the foundation's scholarships and financial support for programs play a crucial role in helping students reach their educational goals. By improving lives and creating opportunities through funding, the foundation contributes to the educational advancement and development of individuals within the community.
This information is meant to be a general summary of Howard 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 2024.
- Investment Income: $370,593
- Gross Receipts: $5,911,569
Assets and Liabilities:
- Total Assets: $17,788,713
- Total Liabilities: $437,058
- Net Assets: $17,351,655
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Organization Details
Founding Year
1978
Principal Officer
Alison Canning
Website
www.howardcc.eduNTEE Category
Code: B41I - Education
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