Overview
What is Pellissippi State Community College Foundation?
Pellissippi State Community College Foundation is a nonprofit organization dedicated to supporting the educational endeavors of the college. By raising funds, they provide essential resources such as equipment, supplies, and scholarships, thereby promoting excellence and aiding in the achievement of educational goals. The foundation's mission extends beyond financial support, as they also write grants for the college, securing substantial funds during the fiscal year 2023, totaling $1,139,589. Overall, the foundation serves as an active ally in bolstering the educational, cultural, and service objectives of Pellissippi State Community College.
Official website here: www.pstcc.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
The Pellissippi State Community College Foundation has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is based entirely on accountability and finance metrics, indicating a strong emphasis on financial health and transparency. The organization excels in several areas, including having a 96% independent board and no material diversion of assets, which are indicators of good governance and responsible management.
Strengths noted include a high program expense ratio of 95.01%, suggesting that a significant portion of its funding is directed towards its programs rather than administrative costs. The foundation also maintains robust policies related to conflicts of interest, whistleblowing, and document retention, which further enhances its accountability.
While the foundation has demonstrated commendable financial practices, the rating reflects a singular focus on accountability and finance without additional data on impact or effectiveness in achieving its mission. Overall, the Pellissippi State Community College Foundation shows strong governance, but a broader evaluation of its programmatic outcomes would provide a more comprehensive understanding of its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Pellissippi State Community College Foundation legitimate?
Pellissippi State Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pellissippi State 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.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.pstcc.edu
What is the mission statement of Pellissippi State Community College Foundation?
The Pellissippi State Community College Foundation's mission is to support the educational, cultural, and service goals of Pellissippi State Community College. It achieves this by raising funds for the college, providing equipment, supplies, scholarships, and allocations to students and teachers. The foundation also contributes to the college's excellence by securing financial support for special educational and cultural activities, which are beyond the college's regular operational expenses. During the recent fiscal year ended June 30, 2023, the foundation successfully procured grants totaling $1,139,589 for the college.
Official website here: www.pstcc.edu
What is the revenue of Pellissippi State Community College Foundation?
Pellissippi State Community College Foundation's revenue in 2024 was $1,431,929.
Official website here: www.pstcc.edu
Who are the executives of Pellissippi State Community College Foundation and what are their salaries?
There 33 volunteers at Pellissippi State Community College Foundation.
Here are 27 key members and their salaries:
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- Related: $134,068
- Other: $20,736
Official website here: www.pstcc.edu
Where can I find the form 990 for Pellissippi State Community College Foundation?
Pellissippi State Community College Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.pstcc.edu
Learn more at the official website: www.pstcc.edu
Mission Statement of Pellissippi State Community College Foundation
The Pellissippi State Community College Foundation exists with the mission to foster relationships and gather funds for the educational, cultural, and service goals of Pellissippi State Community College. This organization plays a significant role in enhancing the college's capabilities by procuring financial support for special educational and cultural activities that go beyond the college's regular operational expenses. During the recent fiscal year ending June 30, 2023, the foundation was successful in securing grants totaling $1,139,589 for the college. These funds are utilized to provide equipment, supplies, scholarships, and allocations to both students and teachers at Pellissippi State Community College. The foundation's efforts contribute significantly to the college's overall growth and development, ensuring excellence and expansion of educational opportunities beyond the regular operational expenses.
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Impact
July, 2024
Pellissippi State Community College Foundation's impact is significant in supporting the educational and cultural goals of Pellissippi State Community College in Knoxville, TN. The Foundation raises funds to provide essential equipment, supplies, and scholarships for students and teachers at the college, striving to promote excellence and further educational goals. Through grant writing efforts, the Foundation secured an impressive $1,139,589 in grants for the college during the fiscal year ended June 30, 2023. This financial support aids in enhancing educational and cultural activities at the college beyond regular operational expenses, ultimately contributing to the overall success and growth of the institution.
This information is meant to be a general summary of Pellissippi State 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: $445,675
- Gross Receipts: $1,767,078
Assets and Liabilities:
- Total Assets: $22,707,016
- Total Liabilities: $1,039
- Net Assets: $22,705,977
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Organization Details
Founding Year
1983
Principal Officer
Aneisa Rolen
Website
www.pstcc.eduNTEE Category
Code: B41I - Education
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