Overview
What is Tri-County Technical College Foundation Inc?
Tri-County Technical College Foundation Inc is a nonprofit organization based in Pendleton, South Carolina. Established with the purpose of offering educational support, the foundation primarily funds scholarships for students at Tri-County Technical College. Additionally, it provides various forms of educational assistance to the college and promotes activities that benefit the institution. The foundation's mission is multifaceted, focusing on advancing Tri-County Technical College by funding scholarships, offering educational aid, and promoting initiatives that support the college's growth and development. By doing so, the foundation plays a vital role in fostering educational opportunities and driving progress at the technical college.
Official website here: www.tctc.edu/foundation.html
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Tri-County Technical College Foundation Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its commitment to accountability and transparency in financial management. The organization has notably scored exceptionally well in multiple areas, including a perfect score for independent board members and a robust financial statement oversight, which indicates a well-structured governance system.
The foundation has demonstrated effective financial practices, with a program expense ratio of nearly 70%, suggesting that a significant portion of its budget is directed towards its programs rather than administrative costs. This is a positive indicator of the organization's dedication to fulfilling its mission and supporting its beneficiaries.
There are no significant limitations noted in the data, which further reinforces the foundation’s solid standing. Its commitment to maintaining a conflict of interest policy, whistleblower policy, and thorough documentation practices signifies a proactive approach to ethical governance and responsibility. Overall, Tri-County Technical College Foundation Inc exhibits strong operational integrity and effectiveness in its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Tri-County Technical College Foundation Inc legitimate?
Tri-County Technical College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri-County Technical College Foundation Inc 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: $125,195
For more financial information, click here
Official website here: www.tctc.edu/foundation.html
What is the mission statement of Tri-County Technical College Foundation Inc?
The Tri-County Technical College Foundation Inc is dedicated to advancing the educational institution, Tri-County Technical College. They accomplish this by providing financial aid through scholarships, offering educational support to the college, and promoting various activities that benefit the college. The primary goal of the foundation is to foster the growth and success of Tri-County Technical College. They achieve this by offering monetary assistance to students, contributing to the college's educational programs, and promoting additional initiatives that support the college's objectives.
Official website here: www.tctc.edu/foundation.html
Who is the CEO of Tri-County Technical College Foundation Inc?
Courtney White is the Principal Officer of Tri-County Technical College Foundation Inc.
Official website here: www.tctc.edu/foundation.html
What is the revenue of Tri-County Technical College Foundation Inc?
Tri-County Technical College Foundation Inc's revenue in 2023 was $5,405,996.
Official website here: www.tctc.edu/foundation.html
Who are the executives of Tri-County Technical College Foundation Inc and what are their salaries?
There 34 volunteers at Tri-County Technical College Foundation Inc.
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Official website here: www.tctc.edu/foundation.html
Where can I find the form 990 for Tri-County Technical College Foundation Inc?
Tri-County Technical College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.tctc.edu/foundation.html
Learn more at the official website: www.tctc.edu/foundation.html
Mission Statement of Tri-County Technical College Foundation Inc
Tri-County Technical College Foundation Inc plays a significant role in supporting the advancement of Tri-County Technical College. Their mission is multifaceted, encompassing three key areas. Firstly, they provide financial aid to students through scholarships, helping deserving individuals to pursue their education without financial constraints. Secondly, they offer educational support to the college, contributing to its overall growth and development. Lastly, they promote various activities that align with the college's interests, furthering its cause. In essence, the Tri-County Technical College Foundation Inc is dedicated to strengthening the educational landscape of the college and assisting its students in achieving their academic goals.
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Impact
July, 2024
Tri-County Technical College Foundation Inc has a significant impact on the community by supporting the advancement of Tri-County Technical College through funding student scholarships, providing educational support to the college, and promoting activities that benefit the institution. This organization plays a crucial role in helping students access higher education opportunities and succeed in their academic pursuits. Through its efforts, the Foundation contributes to the growth and development of individuals and the community as a whole.
This information is meant to be a general summary of Tri-County Technical College Foundation Inc. 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: $1,899,651
- Program Service Revenue: $2,470,139
- Gross Receipts: $5,429,556
Assets and Liabilities:
- Total Assets: $67,631,181
- Total Liabilities: $20,182,304
- Net Assets: $47,448,877
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS RECEIVED FROM COLLEGE
Revenue
$2,470,139
Organization Details
Founding Year
1982
Phone
(864) 646-1500Principal Officer
Courtney White
Main Address
PO BOX 587, PENDLETON, SC, 29670
Website
www.tctc.edu/foundation.htmlNTEE Category
Code: B43I - Education
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