Overview
What is Central Virginia Community College Educational Foundationinc?
Central Virginia Community College Educational Foundationinc is a nonprofit organization situated in Lynchburg, Virginia. Its primary mission is to support academic achievement at Central Virginia Community College by awarding scholarships based on financial need, high school standing, and specific criteria set by donors. The foundation also focuses on faculty and staff development, as well as providing instructor equipment, to enhance the educational experience. This commitment to scholarship and educational resources demonstrates the foundation's dedication to fostering a well-rounded educational environment within the community college.
Official website here: www.centralvirginia.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Central Virginia Community College Educational Foundation has achieved a strong four-star rating from Charity Navigator, reflecting its commitment to accountability and financial health. With an impressive accountability and finance score of 96, the foundation demonstrates robust governance practices, including a fully independent board and effective oversight committees. The foundation also excels in financial management, with a program expense ratio of 89.31%, indicating that a significant portion of its funding is directed towards its mission-driven programs.
In addition to its financial transparency, the foundation scores high in constituent feedback metrics, showcasing its strong engagement with the community it serves. Perfect scores in feedback collection and usage indicate that the organization actively seeks and incorporates stakeholder input into its operations, enhancing its effectiveness and responsiveness to community needs. The strong culture and community rating of 83 further emphasizes its positive standing within the local community.
Despite its overall strengths, the foundation has room for improvement in its equity strategies, where it scored 75 out of 100. While this indicates a good foundation in equity practices, there remains potential for further development in this area to ensure inclusivity and equitable outcomes for all constituents. Overall, the Central Virginia Community College Educational Foundation is a well-managed organization making a significant impact in its community while maintaining transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Central Virginia Community College Educational Foundationinc legitimate?
Central Virginia Community College Educational Foundationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Virginia Community College Educational Foundationinc 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.centralvirginia.edu
What is the mission statement of Central Virginia Community College Educational Foundationinc?
The Central Virginia Community College Educational Foundationinc is committed to its mission, which primarily involves providing financial assistance through scholarships. This is done to recognize academic achievements among the student body at Central Virginia Community College. Scholarships are awarded based on various factors, including financial need, high school standing, and other objective criteria established by donors. Furthermore, the foundation also supports faculty and staff development and provides essential equipment for instructors, aiming to enhance the overall educational experience at the college.
Official website here: www.centralvirginia.edu
Who is the CEO of Central Virginia Community College Educational Foundationinc?
Lewis Bryant is the Dir of Central Virginia Community College Educational Foundationinc.
Official website here: www.centralvirginia.edu
What is the revenue of Central Virginia Community College Educational Foundationinc?
Central Virginia Community College Educational Foundationinc's revenue in 2023 was $1,240,825.
Official website here: www.centralvirginia.edu
Who are the executives of Central Virginia Community College Educational Foundationinc and what are their salaries?
Here are 27 key members and their salaries:
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Official website here: www.centralvirginia.edu
Where can I find the form 990 for Central Virginia Community College Educational Foundationinc?
Central Virginia Community College Educational Foundationinc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.centralvirginia.edu
Learn more at the official website: www.centralvirginia.edu
Mission Statement of Central Virginia Community College Educational Foundationinc
Central Virginia Community College Educational Foundationinc, as a nonprofit organization, is committed to providing for various educational needs within its community. Its primary mission is threefold: providing scholarships, facilitating faculty and staff development, and procuring instructor equipment. This mission is geared towards enhancing the educational experience at Central Virginia Community College by offering financial aid to deserving students based on their academic achievements, need for funds, and high school standing. The foundation also prioritizes the professional growth of its faculty and staff through development programs and provides essential equipment to instructors, thereby improving the quality of education offered.
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Impact
July, 2024
Central Virginia Community College Educational Foundationinc's impact is felt through the scholarships it provides for academic achievement at Central VA Community College. These scholarships are awarded based on need for funds, high school standing, and other objective criteria established by donors. This support helps students pursue their education, develop their skills, and prepare for successful careers. Additionally, the foundation contributes to faculty and staff development, as well as instructor equipment, enhancing the overall educational experience at the college. Through these initiatives, the foundation plays a crucial role in promoting access to education and nurturing the academic growth of individuals in Lynchburg, VA.
This information is meant to be a general summary of Central Virginia Community College Educational Foundationinc. 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: $111,495
- Gross Receipts: $1,943,920
Assets and Liabilities:
- Total Assets: $5,212,983
- Total Liabilities: $52,521
- Net Assets: $5,160,462
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Organization Details
Phone
(434) 832-7635Principal Officer
Lewis Bryant
Main Address
3506 WARDS ROAD, LYNCHBURG, VA, 24502
Website
www.centralvirginia.eduNTEE Category
Code: B12 - Education
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