Overview
What is Agc Education And Research Foundation Inc?
Agc Education and Research Foundation Inc, located in Arlington, Virginia, is a nonprofit organization dedicated to supporting the construction and civil engineering industry. Their primary focus is on awarding scholarships to qualified undergraduate and graduate students enrolled in ABET or ACCE accredited schools and colleges, demonstrating an interest in pursuing careers in the construction industry. The foundation also provides financial assistance to teaching faculty in the same field and funds scientific research projects beneficial to the advancement of educational, technological, or vocational expertise in the industry. In 2022, they awarded scholarships to 137 undergraduate and graduate students, as well as 18 craft/technical training students. The foundation's mission is to promote careers in construction and construction-related engineering, while also supporting the development of educational programs in this field.
Official website here: www.agcfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Agc Education And Research Foundation Inc has achieved a Three-Star rating from Charity Navigator with a score of 79%, indicating a solid level of accountability and finance. The organization scored exceptionally well in areas such as having a majority of independent board members and maintaining transparency through proper financial oversight. These strengths point to a commitment to effective governance and financial health.
However, the foundation also has some areas for improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which suggests potential gaps in operational framework and risk management. While the organization has a favorable liabilities to assets ratio and significant program expenses at 63.03%, the latter score could be improved to ensure more resources are directed toward its mission.
Overall, while Agc Education And Research Foundation Inc demonstrates commendable accountability practices, it is encouraged to address its policy shortcomings to enhance its efficacy and transparency further. The current rating reflects a strong foundation, but addressing these limitations could foster even greater trust and support from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Agc Education And Research Foundation Inc legitimate?
Agc Education And Research Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Agc Education And Research 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: $99,514
For more financial information, click here
Official website here: www.agcfoundation.org
What is the mission statement of Agc Education And Research Foundation Inc?
Agc Education and Research Foundation Inc's mission is centered around three primary objectives. Firstly, the organization awards scholarships to undergraduate and graduate students studying construction or construction-related engineering at accredited schools, demonstrating an interest in pursuing careers in the construction industry. Secondly, it provides financial assistance to teaching faculty in the same field at these accredited institutions. Lastly, the foundation funds scientific research projects or programs beneficial to the advancement of educational, technological, or vocational expertise in the construction industry. The awards are often based on recommendations from accredited schools or organizations with specialized knowledge in construction or construction-related engineering.
Official website here: www.agcfoundation.org
Who is the CEO of Agc Education And Research Foundation Inc?
Scott Holloway is the Principal Officer of Agc Education And Research Foundation Inc.
Official website here: www.agcfoundation.org
What is the revenue of Agc Education And Research Foundation Inc?
Agc Education And Research Foundation Inc's revenue in 2022 was $1,636,616.
Official website here: www.agcfoundation.org
Who are the executives of Agc Education And Research Foundation Inc and what are their salaries?
There 25 volunteers at Agc Education And Research Foundation Inc.
Here are 21 key members and their salaries:
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Official website here: www.agcfoundation.org
Where can I find the form 990 for Agc Education And Research Foundation Inc?
Agc Education And Research Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.agcfoundation.org
Learn more at the official website: www.agcfoundation.org
Mission Statement of Agc Education And Research Foundation Inc
Agc Education and Research Foundation Inc is an organization dedicated to furthering education and advancement in the construction industry. Its mission encompasses three key areas. Firstly, the foundation awards scholarships to talented undergraduate and graduate students pursuing careers in construction or construction-related engineering at accredited schools and colleges. These students must meet the foundation's academic and extracurricular criteria to be eligible for these scholarships.
Secondly, Agc Education and Research Foundation Inc provides financial assistance to teaching faculty in the field of construction or construction-related engineering at accredited institutions. This support aims to incentivize and sustain excellence in education within the construction industry.
Lastly, the foundation funds scientific research projects or other programs deemed beneficial to the educational, technological, or vocational expertise in the construction industry. These awards are often based on recommendations from accredited schools and colleges or other knowledgeable groups in the field. In essence, Agc Education and Research Foundation Inc is committed to nurturing the next generation of construction leaders, supporting educators, and driving innovation within the industry.
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Impact
July, 2024
Agc Education And Research Foundation Inc's impact is significant in supporting education and research related to the construction industry and civil engineering. The foundation awards scholarships to qualified undergraduate and graduate students enrolled at accredited schools in the field of construction or construction-related engineering, fostering the development of future professionals in the industry. Additionally, the foundation provides financial assistance to teaching faculty in this field, supporting the growth of educational programs. Furthermore, the foundation awards funding for scientific research projects and other programs aimed at advancing educational, technological, and vocational expertise in the industry. Through its scholarship, award, and grant programs, Agc Education And Research Foundation Inc plays a crucial role in nurturing talent, promoting innovation, and enhancing knowledge within the construction sector.
This information is meant to be a general summary of Agc Education And Research 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: $724,858
- Gross Receipts: $3,504,949
Assets and Liabilities:
- Total Assets: $11,814,956
- Total Liabilities: $200,258
- Net Assets: $11,614,698
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Organization Details
Founding Year
1968
Phone
(703) 548-3118Principal Officer
Scott Holloway
Main Address
2300 WILSON BOULEVARD Suite 300, ARLINGTON, VA, 22201
Website
www.agcfoundation.orgNTEE Category
Code: B82 - Education
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