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Greensboro College Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 562077641 ✦ Greensboro, NC ✦ Designated as a 501(c)(3)

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Overview

What is Greensboro College Foundation?

Greensboro College Foundation is a nonprofit organization established with the primary purpose of supporting Greensboro College. Situated at 815 West Market Street, Greensboro, North Carolina 27401, this organization manages assets to aid in the upkeep of Greensboro College's exempt purposes. While the exact activities are not detailed in the provided information, it is clear that their mission is to contribute to the overall well-being and success of Greensboro College.

Is Greensboro College Foundation legitimate?

Greensboro College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greensboro 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.


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

What is the mission statement of Greensboro College Foundation?

The Greensboro College Foundation was established with the mission to support the exempt purposes of Greensboro College. This mission is carried out by providing financial and resourceful assistance to the college, ensuring it can fulfill its objectives effectively. A portion of the foundation's expenses is allocated towards the management of assets that are kept for the backing of Greensboro College. In essence, the Greensboro College Foundation exists to bolster the academic and operational endeavors of Greensboro College.

Who is the CEO of Greensboro College Foundation?

Frank H Ison is the Principal Officer of Greensboro College Foundation.

What is the revenue of Greensboro College Foundation?

Greensboro College Foundation's revenue in 2022 was $26,147.

Who are the executives of Greensboro College Foundation and what are their salaries?


Here are 5 key members and their salaries:


Ms Beth Fonorrow (President (Jan-June 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Lane (First Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Elmore (Second Vice President, Vp)
  • Compensation: $0
  • Related: $127,945
  • Other: $6,824
Anne Hurd (Secretary, Vp Of Advanceme)
  • Compensation: $0
  • Related: $126,527
  • Other: $13,989
Thomas Clawson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Greensboro College Foundation?

Greensboro College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Greensboro College Foundation

Greensboro College Foundation, established with the intent to support the exempt purposes of Greensboro College, carries out its mission in this manner. The organization aims to contribute to the exempt objectives of Greensboro College, with a portion of its expenses dedicated to managing assets designed to support the college. In essence, Greensboro College Foundation serves as a vital supporter, contributing to the continuation and advancement of Greensboro College's exempt activities.

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Impact




October, 2024

Greensboro College Foundation plays a vital role in enhancing the educational opportunities at Greensboro College. By managing and supporting the financial resources necessary for the growth and sustainability of the college, it ensures that students receive a quality education aligned with the institution's mission. The foundation's efforts help to fund scholarships, improve facilities, and support academic programs, thereby directly contributing to the college's capacity to fulfill its exempt purposes. This commitment ultimately enriches the student experience and strengthens the community's educational landscape in Greensboro, NC.




This information is meant to be a general summary of Greensboro 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.

Revenue
$26,147 (2022)
Expenses
$91,272 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $26,147
  • Gross Receipts: $26,147

Assets and Liabilities:

  • Total Assets: $1,651,066
  • Total Liabilities: $218,693
  • Net Assets: $1,432,373

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Organization Details

Founding Year

1997

Principal Officer

Frank H Ison

Main Address

815 WEST MARKET STREET, GREENSBORO, NC, 27401

NTEE Category

Code: B124 - Education

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