Overview
What is Volunteer State College Foundation?
Volunteer State College Foundation is a charitable organization situated in Gallatin, Tennessee, specifically at 1480 NASHVILLE PIKE, 37066. Their primary objective is to boost educational attainment within the northern Middle Tennessee region. To achieve this, they seek financial resources for capital projects, academic program support, operational expenses not covered by state or federal funding, and scholarships. Currently, the foundation offers over 175 different annual and endowed scholarships. Their mission involves raising and managing funds to support the educational goals of Volunteer State Community College, and encouraging active community involvement within their service area.
Official website here: www.volstate.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Volunteer State College Foundation has achieved an impressive 96% rating from Charity Navigator, indicating a high level of accountability and financial health. With a Four-Star rating, the organization demonstrates strong performance in key areas, including an independent board with 97% of its members being independent and a robust audit process that scored a perfect 15 out of 15.
Strengths of the foundation include a solid financial framework, evident from its low liabilities to assets ratio of 0.03%, which highlights its effective management of resources. The foundation also allocates a significant portion of its expenses—74.75%—towards programs, showing a commitment to fulfilling its mission and supporting the community.
While the foundation's rating reflects its strengths, such as transparency and effective governance policies, the data does not indicate any significant limitations or red flags. Overall, the foundation stands out as a well-managed organization dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Volunteer State College Foundation?
90% of 53 reviewers on Facebook recommend the Volunteer State College Foundation. Here is a summary of their reviews:
Many reviewers express appreciation for the welcoming atmosphere at the college, emphasizing a sense of community and support. The campus environment is frequently described as beautiful, adding to the overall positive experience.
Overall, the sentiments reflect satisfaction with the foundation’s efforts to create an inviting and pleasant educational setting, suggesting that they successfully meet the needs of students and faculty alike.
This AI summary has been generated from reviews found on Facebook.
Is Volunteer State College Foundation legitimate?
Volunteer State College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Volunteer State 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.volstate.edu/foundation
What is the mission statement of Volunteer State College Foundation?
The Volunteer State College Foundation's mission is centered around raising and administering funds to support the educational objectives of Volunteer State Community College. This involves soliciting the active participation of various communities within its service area. The primary goal of the foundation is to enhance the level of educational attainment among citizens of Northern Middle Tennessee. To achieve this, it seeks funding for capital projects, academic program support, operational expenses not covered by state or federal funding, and provides scholarships. Currently, the foundation offers over 175 different annual and endowed scholarships.
Official website here: www.volstate.edu/foundation
Who is the CEO of Volunteer State College Foundation?
Karen Mitchell is the Past College of Volunteer State College Foundation.
Official website here: www.volstate.edu/foundation
What is the revenue of Volunteer State College Foundation?
Volunteer State College Foundation's revenue in 2022 was $867,468.
Official website here: www.volstate.edu/foundation
Who are the executives of Volunteer State College Foundation and what are their salaries?
There 55 volunteers at Volunteer State College Foundation.
Here are 43 key members and their salaries:
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- Related: $150,175
- Other: $14,384
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Official website here: www.volstate.edu/foundation
Where can I find the form 990 for Volunteer State College Foundation?
Volunteer State College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.volstate.edu/foundation
Learn more at the official website: www.volstate.edu/foundation
Mission Statement of Volunteer State College Foundation
The Volunteer State College Foundation is committed to raising and administering funds to support the educational objectives of Volunteer State Community College. This mission involves soliciting the active involvement of all communities within their service area. The primary objective of the Foundation is to increase the level of educational attainment among the citizens of northern Middle Tennessee. To accomplish this, they seek funds for capital projects, academic program support, necessary operational expenses not covered by state or federal funding, and provide scholarships. Currently, the Foundation offers over 175 different annual and endowed scholarships. In essence, Volunteer State College Foundation plays a crucial role in enhancing educational opportunities and supporting the academic pursuits of students at Volunteer State Community College.
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Impact
July, 2024
Volunteer State College Foundation plays a crucial role in increasing the level of educational attainment in Northern Middle Tennessee. By raising and administering funds to support the educational objectives of Volunteer State Community College, the foundation ensures that students have access to essential resources and opportunities. They seek funding for capital projects, academic program support, operational expenses not covered by government funding, and scholarships. With over 175 different annual and endowed scholarships available, the foundation actively promotes educational advancement and helps students achieve their academic goals. Through its mission of engaging all communities within the service area, Volunteer State College Foundation makes a tangible impact on education in the region.
This information is meant to be a general summary of Volunteer State 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 2022.
- Investment Income: $318,470
- Program Service Revenue: $67,244
- Gross Receipts: $2,528,724
Assets and Liabilities:
- Total Assets: $7,824,270
- Total Liabilities: $200,769
- Net Assets: $7,623,501
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OPERATING REVENUES
Revenue
$67,244
Organization Details
Founding Year
1989
Phone
(615) 230-3506Principal Officer
Karen Mitchell
Main Address
1480 NASHVILLE PIKE, GALLATIN, TN, 37066
Website
www.volstate.edu/foundationNTEE Category
Code: B11 - Education
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