Overview
What is Southeastern Community College Foundation?
The Southeastern Community College Foundation is a nonprofit organization situated in Whiteville, North Carolina. Their primary focus is providing financial aid to students, which includes loans, grants, and scholarships. Approximately 400 students have benefited from these programs. Beyond financial aid, the foundation also offers special grants to students, engages in community service initiatives, and offers financial support to Southeastern Community College. Their mission is multifaceted, encompassing these various aspects to assist students and the college community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%
The Southeastern Community College Foundation has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The foundation scored 52% overall, with serious shortcomings in governance, including a lack of independent board members and missing key policies such as conflict of interest and whistleblower protections.
Despite its governance issues, the foundation demonstrates a strong commitment to program spending, as indicated by a program expense ratio of 85.79%. This suggests that a substantial portion of its resources is directed toward its mission-related activities. However, the absence of financial statements and important documentation on its website raises red flags about transparency and accountability.
Overall, while the Southeastern Community College Foundation is doing well in terms of program expense allocation, the lack of independent oversight and critical policies suggests that potential donors should approach with caution. The foundation must address its governance deficiencies to build trust and improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Southeastern Community College Foundation legitimate?
Southeastern Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeastern Community College 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.
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What is the mission statement of Southeastern Community College Foundation?
The Southeastern Community College Foundation's primary role is to provide financial aid to students, offer special grants, and support community service programs. This organization also extends financial assistance to Southeastern Community College. Their mission involves providing financial aid in various forms, such as loans, grants, and scholarships, benefiting approximately 400 students. Furthermore, the foundation engages in community service activities and offers financial support to the college itself.
Who is the CEO of Southeastern Community College Foundation?
Brett Gore is the President of Southeastern Community College Foundation.
What is the revenue of Southeastern Community College Foundation?
Southeastern Community College Foundation's revenue in 2023 was $1,055,242.
Who are the executives of Southeastern Community College Foundation and what are their salaries?
Here are 39 key members and their salaries:
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Where can I find the form 990 for Southeastern Community College Foundation?
Southeastern Community College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Southeastern Community College Foundation
The Southeastern Community College Foundation is committed to supporting its community college by providing various forms of financial aid to students. Its mission encompasses more than just financial assistance; it also includes offering special grants to students, engaging in community service programs, and providing financial support to Southeastern Community College itself.
In pursuit of its mission, the foundation has extended its reach to numerous students, offering them loans, grants, and scholarships. Over 400 students have benefited from these financial aid programs. The foundation's dedication extends beyond monetary support, as it also organizes community service programs, contributing to the broader community's well-being.
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Impact
July, 2024
Southeastern Community College Foundation's impact is significant in providing financial aid to students, special grants, community service programs, and financial support for Southeastern Community College in Whiteville, NC. The foundation has supplied financial aid in the form of loans, grants, and scholarships, benefitting approximately 400 students. Their dedication to supporting students in their pursuit of higher education contributes to the development and success of the community and the college.
This information is meant to be a general summary of Southeastern Community College 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 2023.
- Investment Income: $507,795
- Gross Receipts: $1,055,242
Assets and Liabilities:
- Total Assets: $9,087,309
- Total Liabilities: $290,150
- Net Assets: $8,797,159
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Organization Details
Founding Year
1968
Phone
(910) 642-7141Principal Officer
Brett Gore
Main Address
PO BOX 151, WHITEVILLE, NC, 284720151
NTEE Category
Code: B41I - Education
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