Overview
What is Germanna Community College Educational Foundation?
The Germanna Community College Educational Foundation is a nonprofit organization located in Locust Grove, Virginia. Established with the mission to foster and promote the growth, progress, and well-being of the college and its students, they primarily focus on raising funds to support the college's mission. One of their main priorities is ensuring that financially needy students have the opportunity to receive an education, as they award student scholarships based on both merit and need. The foundation's address is provided as 2130 Germanna Highway, PO Box 143, Locust Grove, VA 22508.
Official website here: www.germanna.edu/educational-foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%
The Germanna Community College Educational Foundation has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong accountability and financial health. With an impressive 90% score in Accountability & Finance, the organization demonstrates a commitment to transparency and effective management of resources. Key strengths include a fully independent board, no material diversions of assets, and excellent financial ratios indicating sound fiscal practices.
The Foundation's financial efficiency is notable, with a program expense ratio of 79.30%, meaning a significant portion of its funds directly supports its mission. Additionally, the organization has shown remarkable fundraising efficiency with minimal costs associated with fundraising activities. These factors collectively contribute to the Foundation's reputation as a responsible steward of donor funds.
However, the Foundation's Culture & Community score is relatively lower at 10%, indicating room for improvement in its community engagement and equity strategies. While still performing adequately in this area, enhancing its outreach and inclusivity initiatives could further strengthen its overall impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Germanna Community College Educational Foundation?
82% of 452 reviewers on Facebook recommend Germanna Community College Educational Foundation. Here is a summary of their reviews:
While a majority of individuals express a favorable view of the institution, highlighting valuable educational opportunities and support services, there are some notable concerns regarding administrative effectiveness. Some users mention issues with grade management, citing a lack of responsive communication from staff when problems arise.
Overall, many appreciate the foundation for its mission and programs, contributing to a generally positive sentiment. However, there are significant criticisms from a minority who report frustration over administrative processes that seem to detract from the student experience.
This AI summary has been generated from reviews found on Facebook.
Is Germanna Community College Educational Foundation legitimate?
Germanna Community College Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Germanna Community College Educational Foundation 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: $0
For more financial information, click here
Official website here: www.germanna.edu/educational-foundation/
What is the mission statement of Germanna Community College Educational Foundation?
The Germanna Community College Educational Foundation was established with the aim of fostering and promoting the growth, progress, and well-being of the college and its students. Its primary purpose is to raise funds to support the mission of the college. A continuous priority for the foundation is ensuring that all students, even those with financial needs, have the opportunity to receive an education. The foundation's efforts are geared towards supporting the college's mission and making education accessible to all students, regardless of their financial situation.
Official website here: www.germanna.edu/educational-foundation/
Who is the CEO of Germanna Community College Educational Foundation?
Bruce Davis is the President of Germanna Community College Educational Foundation.
Official website here: www.germanna.edu/educational-foundation/
What is the revenue of Germanna Community College Educational Foundation?
Germanna Community College Educational Foundation's revenue in 2022 was $4,528,368.
Official website here: www.germanna.edu/educational-foundation/
Who are the executives of Germanna Community College Educational Foundation and what are their salaries?
There 20 volunteers at Germanna Community College Educational Foundation.
Here are 28 key members and their salaries:
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Official website here: www.germanna.edu/educational-foundation/
Where can I find the form 990 for Germanna Community College Educational Foundation?
Germanna Community College Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.germanna.edu/educational-foundation/
Learn more at the official website: www.germanna.edu/educational-foundation/
Mission Statement of Germanna Community College Educational Foundation
Germanna Community College Educational Foundation, a nonprofit organization, was established with the purpose of fostering and promoting the growth, progress, and well-being of the college and its students. Its primary mission is to raise funds to support the mission of the college. This foundation prioritizes ensuring that all students, even those with financial needs, have an opportunity to receive an education. By doing so, it contributes significantly to the advancement and success of both the college and its students.
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Impact
July, 2024
The Germanna Community College Educational Foundation has a significant impact on the growth, progress, and well-being of Germanna Community College and its students. By providing student scholarships based on need and merit, the foundation ensures that all students, including those with financial need, have the opportunity to receive an education. This support plays a crucial role in empowering students to pursue their academic goals and reach their full potential. The foundation's dedication to raising funds to support the college's mission reflects its commitment to expanding access to education and fostering a community of learning and growth.
This information is meant to be a general summary of Germanna Community College Educational Foundation. 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: $440,789
- Gross Receipts: $9,650,534
Assets and Liabilities:
- Total Assets: $12,141,929
- Total Liabilities: $55,299
- Net Assets: $12,086,630
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Organization Details
Founding Year
1983
Phone
(540) 423-9077Principal Officer
Bruce Davis
Main Address
2130 GERMANNA HIGHWAY PO BOX 143, LOCUST GROVE, VA, 22508
NTEE Category
Code: B110 - Education
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