Overview
What is Sampson Community College Foundation?
The Sampson Community College Foundation is a nonprofit organization situated in Clinton, North Carolina. Its primary mission involves funding various educational programs at the college, promoting the institution, and providing scholarships to deserving students. The foundation serves as a crucial source of support, enhancing the educational opportunities and prospects for students in the community.
Official website here: www.sampsoncc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star Rating)
The Sampson Community College Foundation has achieved an 84% rating from Charity Navigator, reflecting a solid performance in accountability and finance. This score is based entirely on the foundation's Accountability & Finance metrics, demonstrating a strong commitment to transparency and responsible financial management. The foundation's independent board consists entirely of members who are not affiliated with the organization, which enhances its governance structure.
Key strengths of the foundation include its high program expense ratio of 98.46%, indicating that the majority of its resources are directed toward its mission-related activities. Additionally, the foundation has no material diversions of assets, a perfect score in financial audits, and maintains thorough documentation practices for board meetings. However, it falls short in having established policies for conflict of interest, whistleblowing, and document retention, which are important for comprehensive governance.
Overall, while the foundation demonstrates commendable financial responsibility and accountability, the absence of certain organizational policies could be seen as a limitation. Addressing these governance gaps might enhance its credibility and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Sampson Community College Foundation legitimate?
Sampson Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sampson 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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For more financial information, click here
Official website here: www.sampsoncc.edu
What is the mission statement of Sampson Community College Foundation?
The Sampson Community College Foundation's mission involves supporting the educational programs of the college, promoting the institution, and providing scholarships to deserving students. By funding various educational initiatives, the foundation contributes to the college's growth and development. Furthermore, it actively promotes the college to the public, helping to increase its visibility and recognition. Additionally, the foundation plays a crucial role in offering financial aid to deserving students, making higher education more accessible for those in need.
Official website here: www.sampsoncc.edu
What is the revenue of Sampson Community College Foundation?
Sampson Community College Foundation's revenue in 2024 was $604,670.
Official website here: www.sampsoncc.edu
Who are the executives of Sampson Community College Foundation and what are their salaries?
There 80 volunteers at Sampson Community College Foundation.
Here are 34 key members and their salaries:
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Official website here: www.sampsoncc.edu
Where can I find the form 990 for Sampson Community College Foundation?
Sampson Community College Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.sampsoncc.edu
Learn more at the official website: www.sampsoncc.edu
Mission Statement of Sampson Community College Foundation
The Sampson Community College Foundation is dedicated to supporting the educational programs of the college, promoting the institution, and providing scholarships to deserving students. This nonprofit organization plays a crucial role in funding various educational initiatives at the college, thereby contributing to its growth and development. By promoting the college, the foundation helps increase its visibility and recognition within the educational community. Furthermore, through its scholarship program, the Sampson Community College Foundation empowers talented students by providing them with financial aid, enabling them to pursue their academic goals and make the most of their educational opportunities.
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Impact
July, 2024
The impact of Sampson Community College Foundation is significant in supporting educational programs at the college, promoting the institution, and providing scholarships to deserving students. Through its funding, the foundation contributes to the improvement of educational opportunities for students, helps in the development of the college, and enables students to pursue their academic goals with financial assistance. This impact ultimately contributes to the growth and success of the college community in Clinton, NC.
This information is meant to be a general summary of Sampson 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 2024.
- Investment Income: $120,554
- Gross Receipts: $1,440,862
Assets and Liabilities:
- Total Assets: $4,644,810
- Total Liabilities: $0
- Net Assets: $4,644,810
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Organization Details
Founding Year
1986
Principal Officer
Kendall Tyson
Website
www.sampsoncc.eduNTEE Category
Code: B41I - Education
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