Overview
What is Florence-Darlington Technical College Educational Foundation?
Florence-Darlington Technical College Educational Foundation is a nonprofit organization situated in Florence, South Carolina. Its primary mission is to raise funds privately, which are then allocated to provide educational benefits for students attending Florence Darlington Technical College. The foundation values inclusivity, ensuring it does not discriminate based on race, color, or creed. Through these funds, students can avail of full or partial scholarships, making higher education more accessible. The foundation plays a crucial role in supporting the educational growth and aspirations of its community's students.
Official website here: www.fdtc.edu/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star rating.
The Florence-Darlington Technical College Educational Foundation has achieved a remarkable score of 96%, earning it a Four-Star rating from Charity Navigator. This rating reflects the foundation's strong accountability and finance practices, indicating that it operates with a high level of transparency and effectiveness. The overall score is derived solely from its accountability and finance metrics, which shows a commitment to proper governance and responsible financial management.
The foundation demonstrates robust governance with 100% of its board members being independent, which fosters unbiased decision-making. Additionally, it has a comprehensive set of policies in place, including conflict of interest and whistleblower protections, contributing to its high score in audit and oversight. Financially, the organization maintains a low liabilities to assets ratio and an impressive program expense ratio of over 73%, indicating that a significant portion of its resources is directed towards its mission.
No significant limitations or issues have been noted in the available data, positioning the Florence-Darlington Technical College Educational Foundation as a well-managed and effective nonprofit. The strong emphasis on accountability and the independence of its board members further enhance its credibility and trustworthiness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Florence-Darlington Technical College Educational Foundation legitimate?
Florence-Darlington Technical College Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florence-Darlington Technical 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.
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For more financial information, click here
Official website here: www.fdtc.edu/foundation/
What is the mission statement of Florence-Darlington Technical College Educational Foundation?
The Florence-Darlington Technical College Educational Foundation's mission is centered around raising funds privately to support the educational needs of students. This non-discriminatory organization does not consider factors such as race or creed. The primary objective of the raised funds is to provide financial aid in the form of scholarships to students attending Florence Darlington Technical College. The foundation strives to make higher education more accessible for a diverse range of students, ensuring equal opportunities for all.
Official website here: www.fdtc.edu/foundation/
Who is the CEO of Florence-Darlington Technical College Educational Foundation?
Dwayne Brockington is the Chair of Florence-Darlington Technical College Educational Foundation.
Official website here: www.fdtc.edu/foundation/
What is the revenue of Florence-Darlington Technical College Educational Foundation?
Florence-Darlington Technical College Educational Foundation's revenue in 2023 was $579,372.
Official website here: www.fdtc.edu/foundation/
Who are the executives of Florence-Darlington Technical College Educational Foundation and what are their salaries?
There 25 volunteers at Florence-Darlington Technical College Educational Foundation.
Here are 23 key members and their salaries:
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Official website here: www.fdtc.edu/foundation/
Where can I find the form 990 for Florence-Darlington Technical College Educational Foundation?
Florence-Darlington Technical College Educational Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.fdtc.edu/foundation/
Learn more at the official website: www.fdtc.edu/foundation/
Mission Statement of Florence-Darlington Technical College Educational Foundation
The Florence-Darlington Technical College Educational Foundation is dedicated to raising funds privately for the educational benefits of students. This nonprofit organization does not discriminate based on race, color, or creed. Its primary mission is to utilize these funds to provide both full and partial scholarships to students attending Florence Darlington Technical College. By offering financial assistance, the Foundation aims to support the academic pursuits of its students, thereby contributing to their overall personal and professional growth.
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Impact
July, 2024
The Florence-Darlington Technical College Educational Foundation's impact is significant in supporting the educational pursuits of students at Florence-Darlington Technical College. Through its efforts to raise funds via private funding, the foundation provides both full and partial scholarships to students, thereby easing the financial burden of pursuing higher education. By offering these opportunities, the foundation helps to make education more accessible to a diverse range of individuals, regardless of their race, color, or creed. Ultimately, the foundation plays a crucial role in empowering students to achieve their academic goals and contribute positively to their communities and beyond.
This information is meant to be a general summary of Florence-Darlington Technical 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 2023.
- Investment Income: $854
- Gross Receipts: $582,841
Assets and Liabilities:
- Total Assets: $2,715,886
- Total Liabilities: $30,381
- Net Assets: $2,685,505
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Organization Details
Founding Year
1978
Phone
(843) 661-8031Principal Officer
Dwayne Brockington
Main Address
PO BOX 100548, FLORENCE, SC, 29502
Website
www.fdtc.edu/foundation/NTEE Category
Code: B42I - Education
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