Overview
What is Savannah Technical College Foundation Inc?
Savannah Technical College Foundation Inc is a nonprofit organization situated in Savannah, Georgia, specifically at 5717 White Bluff Road. Its primary mission is to support and enhance the educational process at Savannah Technical College by providing necessary funds, equipment, and resources. This supplements existing funding sources, allowing the college to offer scholarships to deserving students in need. Additionally, the foundation collaborates with various agencies and private industries to further its goals. In essence, the Foundation's role is to strengthen the educational experience at Savannah Technical College through financial assistance and resource provision.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
The Savannah Technical College Foundation Inc has achieved an impressive score of 94%, reflecting its strong accountability and financial management. This high rating is solely based on its Accountability & Finance score, indicating that the organization maintains rigorous standards in these areas. The foundation has a fully independent board, which enhances its governance and decision-making process.
The organization demonstrates exceptional financial oversight, with no material diversion of assets reported and a perfect score in its audit and oversight committee. Additionally, its program expense ratio is notably high at 94.07%, indicating that a significant majority of its funds are directed towards its charitable programs rather than administrative costs.
While the foundation excels in various metrics related to accountability and finance, the data does not provide insights into its programmatic impact or outcomes. This could be a limitation for potential donors looking to understand the effectiveness of the foundation's initiatives beyond financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Savannah Technical College Foundation Inc legitimate?
Savannah Technical College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Savannah 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.
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What is the mission statement of Savannah Technical College Foundation Inc?
The Savannah Technical College Foundation Inc's mission is centered around enhancing the educational process at Savannah Technical College. They achieve this by providing necessary funds, equipment, and resources to supplement existing funding sources. With assistance from other agencies and private industry, the foundation offers scholarships to deserving students. The foundation's efforts also extend to providing resources for specialized education programs within the college.
Who is the CEO of Savannah Technical College Foundation Inc?
Robert Grant is the Trustee of Savannah Technical College Foundation Inc.
What is the revenue of Savannah Technical College Foundation Inc?
Savannah Technical College Foundation Inc's revenue in 2023 was $1,185,341.
Who are the executives of Savannah Technical College Foundation Inc and what are their salaries?
Here are 23 key members and their salaries:
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Where can I find the form 990 for Savannah Technical College Foundation Inc?
Savannah Technical College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Savannah Technical College Foundation Inc
Savannah Technical College Foundation Inc is committed to enhancing the educational process at Savannah Technical College. To achieve this, the foundation provides essential funds, equipment, and resources to supplement existing funding sources. Its primary goal is to offer scholarships to students who demonstrate a need for financial aid. In addition to scholarships, the foundation also collaborates with other agencies and private industries to provide resources for specialized education programs within the college.
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Impact
July, 2024
Savannah Technical College Foundation Inc enhances the educational process at Savannah Technical College by providing essential funds, equipment, and resources to supplement existing funding sources. The foundation collaborates with other agencies and private industry to offer scholarships to deserving students. Additionally, the foundation assists in the acquisition and administration of monetary scholarships for students in need, as well as provides funding, equipment, and resources for various specialized education programs. Through these efforts, Savannah Technical College Foundation Inc significantly impacts the educational opportunities and success of students at Savannah Technical College.
This information is meant to be a general summary of Savannah 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: $46,228
- Gross Receipts: $1,236,685
Assets and Liabilities:
- Total Assets: $3,466,434
- Total Liabilities: $0
- Net Assets: $3,466,434
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Organization Details
Founding Year
1984
Phone
(912) 856-1700Principal Officer
Robert Grant
Main Address
5717 WHITE BLUFF ROAD, SAVANNAH, GA, 31405
NTEE Category
Code: B82 - Education
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