Overview
What is Beaufort County Community College Foundation Inc?
Beaufort County Community College Foundation Inc is a nonprofit organization situated in Washington, North Carolina, specifically at 5337 US Highway 264 East, 27889. Their primary mission is dedicated to providing financial aid in the form of scholarships for students attending Beaufort County Community College. Through these scholarships, the foundation aims to support and empower the academic pursuits of local students, contributing to their educational growth and future prospects.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
The Beaufort County Community College Foundation Inc has achieved an impressive 94% rating from Charity Navigator, indicating strong performance in accountability and finance. This rating reflects a commitment to transparency and effective financial management, as evidenced by its perfect scores in several areas, including independent board members and financial oversight.
The foundation's organizational strengths include a fully independent board, which enhances governance integrity, and a high program expense ratio of 96.68%, suggesting that a significant portion of its funds are dedicated to its mission rather than administrative costs. Additionally, the foundation has robust policies in place for conflict of interest, whistleblower protections, and document retention, reinforcing its commitment to ethical practices.
While the rating highlights numerous strengths, it is essential for potential donors and stakeholders to consider the context of these figures, such as the foundation's specific programs and impact. Overall, Beaufort County Community College Foundation Inc demonstrates a high level of accountability and efficiency, making it a reliable choice for those looking to support educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Beaufort County Community College Foundation Inc legitimate?
Beaufort County Community College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beaufort County 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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What is the mission statement of Beaufort County Community College Foundation Inc?
The Beaufort County Community College Foundation Inc is committed to providing scholarships for students attending Beaufort County Community College. This mission is carried out through various activities, all aimed at supporting the educational pursuits of these students. By offering scholarships, the foundation enables deserving students to overcome financial barriers and fully engage in their academic journey. This initiative not only benefits individual students but also contributes to the overall development of the community by fostering a well-educated and skilled workforce. The foundation's mission reflects its dedication to making higher education accessible and affordable for all eligible students.
Who is the CEO of Beaufort County Community College Foundation Inc?
Mark Nelson is the Chairman of Beaufort County Community College Foundation Inc.
What is the revenue of Beaufort County Community College Foundation Inc?
Beaufort County Community College Foundation Inc's revenue in 2022 was $654,609.
Who are the executives of Beaufort County Community College Foundation Inc and what are their salaries?
There 60 volunteers at Beaufort County Community College Foundation Inc.
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Where can I find the form 990 for Beaufort County Community College Foundation Inc?
Beaufort County Community College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beaufort County Community College Foundation Inc
Beaufort County Community College Foundation Inc is an organization with a mission centered around providing scholarships for students attending Beaufort County Community College. This mission is carried out through various means, ensuring that deserving students have the financial support they need to pursue their education. By offering scholarships, the foundation is able to contribute to the broader community by fostering the growth and development of its future leaders. The foundation's work is essential in making higher education more accessible, thereby empowering individuals and contributing to the overall progress and prosperity of society.
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Impact
July, 2024
Beaufort County Community College Foundation Inc's impact is significant as it provides scholarships for Beaufort County Community College students, helping to support their educational goals and aspirations. By offering financial assistance, the foundation plays a crucial role in enabling students to access higher education and further their academic pursuits. This support ultimately contributes to a more educated and skilled workforce within the community, leading to long-term benefits for both the individuals receiving scholarships and the local area.
This information is meant to be a general summary of Beaufort County 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 2022.
- Investment Income: $173,462
- Gross Receipts: $669,845
Assets and Liabilities:
- Total Assets: $3,867,056
- Total Liabilities: $10,455
- Net Assets: $3,856,601
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Organization Details
Phone
(252) 940-6248Principal Officer
Mark Nelson
Main Address
5337 US HIGHWAY 264 EAST, WASHINGTON, NC, 27889
NTEE Category
Code: B41I - Education
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