Overview
What is Randolph Community College Foundation Inc?
Randolph Community College Foundation Inc is a nonprofit organization situated in Asheboro, North Carolina, specifically at 629 Industrial Park Avenue. Their primary objective is to enhance the quality of education at Randolph Community College by fostering connections with the local community, soliciting and managing contributions, and funding various college-related initiatives. These activities primarily include providing student scholarships and supporting the college's programs. By doing so, the foundation aims to contribute to the college's overall success and provide a better learning environment for its students.
Official website here: www.randolphccfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
The Randolph Community College Foundation Inc has achieved a strong rating of 96%, which reflects its commitment to accountability and finance. This high score is derived entirely from its accountability and finance metrics, underscoring its robust financial practices and governance structures. Notably, the foundation boasts an independent board comprising 87% independent members, indicating a strong governance framework.
The foundation excels in several important areas, including having no material diversion of assets, a perfect score for its financial statements and oversight, and comprehensive policies in place regarding conflict of interest, whistleblower protections, and document retention. Furthermore, it maintains a healthy liabilities to assets ratio of 0.00%, which is indicative of sound financial health and stability.
While the foundation does demonstrate a high level of accountability, the rating focuses solely on financial metrics and governance. Potential donors may wish to consider how these financial practices translate into programmatic impact, as the rating does not assess the effectiveness of the programs themselves. Overall, the Randolph Community College Foundation Inc presents itself as a financially sound organization with solid governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Randolph Community College Foundation Inc legitimate?
Randolph Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Randolph Community 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.
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Official website here: www.randolphccfoundation.org
What is the mission statement of Randolph Community College Foundation Inc?
The Randolph Community College Foundation serves as a non-profit organization, devoted to enhancing the quality of education at Randolph Community College. By fostering a strong bond with the local community, the foundation collects and manages contributions, ultimately funding various activities that bolster the college. Its primary mission is to provide a 'margin of excellence' to Randolph Community College, contributing directly to student scholarships, program support, and other college-related activities.
Official website here: www.randolphccfoundation.org
Who is the CEO of Randolph Community College Foundation Inc?
Shelley Greene is the Board Member of Randolph Community College Foundation Inc.
Official website here: www.randolphccfoundation.org
What is the revenue of Randolph Community College Foundation Inc?
Randolph Community College Foundation Inc's revenue in 2023 was $1,349,084.
Official website here: www.randolphccfoundation.org
Who are the executives of Randolph Community College Foundation Inc and what are their salaries?
There 16 volunteers at Randolph Community College Foundation Inc.
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Official website here: www.randolphccfoundation.org
Where can I find the form 990 for Randolph Community College Foundation Inc?
Randolph Community College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.randolphccfoundation.org
Learn more at the official website: www.randolphccfoundation.org
Mission Statement of Randolph Community College Foundation Inc
The Randolph Community College Foundation, as a non-profit organization, is dedicated to enhancing the quality of education at Randolph Community College. By establishing and nurturing connections with the local community, this foundation collects and manages contributions. These resources are then utilized to augment activities that directly benefit the college, with a primary focus on student scholarships and program support. By doing so, the Randolph Community College Foundation contributes to the college's overall strength and success, thereby providing a 'margin of excellence'.
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Impact
July, 2024
Randolph Community College Foundation Inc's impact is significant in providing a margin of excellence for Randolph Community College. By building strong relationships with the local community, acquiring and managing contributions, and funding activities that support the College, this organization plays a key role in enhancing the educational experience for students. The grants provided directly to RCC for student scholarships, program support, and other college activities have a direct and positive impact on the educational opportunities available to students in Asheboro, NC. Through its mission, the Randolph Community College Foundation Inc contributes to the advancement of education and the overall well-being of the community.
This information is meant to be a general summary of Randolph Community 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: $724,310
- Gross Receipts: $2,986,260
Assets and Liabilities:
- Total Assets: $14,368,073
- Total Liabilities: $160
- Net Assets: $14,367,913
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Organization Details
Founding Year
1979
Phone
(336) 633-0295Principal Officer
Shelley Greene
Main Address
629 Industrial Park Avenue, Asheboro, NC, 27205
Website
www.randolphccfoundation.orgNTEE Category
Code: B11 - Education
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