Overview
What is College Of Central Florida Foundation Inc?
The College of Central Florida Foundation Inc, located in Ocala, Florida, serves as a dedicated organization that fosters leadership, volunteer action, charitable giving, and community involvement. Established with a mission to support the College of Central Florida, it provides various educational and cultural events to enhance learning experiences for students and the community. In 2022, the organization received generous donations totaling 3,700,446 USD, establishing nine new endowments and continuing support for existing programs. The Promise for the Future Fund, amounting to 4.3 million USD, primarily supports program development and funding for the college. Additional funding, donated through the Promise for the Future campaign, is allocated for the new Levy County campus facility and programs. Furthermore, the College of Central Florida Foundation Inc maintains a unique scholarship program, STEPS to CF, which awards fifth-grade elementary students from donor-adopted schools with scholarships to the college upon their high school graduation.
Official website here: www.cf.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The College of Central Florida Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong performance in accountability and financial management. The organization scored 100% in both Accountability & Finance and Impact & Measurement, showcasing its commitment to transparency and effective use of resources.
With a program expense ratio of 88.43%, the foundation demonstrates a significant allocation of its funds directly towards its mission of supporting scholarship recipients. Additionally, the fundraising efficiency ratio of $0.04 per dollar raised reflects a highly effective fundraising strategy, further enhancing its financial stability.
One notable achievement of the foundation is its ability to increase income for scholarship recipients, generating more than $1.50 for every dollar spent. This highlights the foundation's impact in supporting education and helping students achieve their academic goals, although further details on specific program outcomes could provide a more comprehensive understanding of its long-term effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about College Of Central Florida Foundation Inc?
70% of 227 reviewers on Facebook recommend the College of Central Florida Foundation Inc. Here is a summary of their reviews:
There are some strong sentiments regarding the quality of education at the institution, with a few standout teachers being praised for their exceptional teaching abilities. However, the overall experience for many students seems mixed, as concerns were raised about the inconsistency of faculty quality and allegations of unprofessional behavior among some instructors. Personal negative experiences were shared, highlighting a lack of support in handling issues like bullying and vandalism.
While there are positive reflections on the sense of community and the opportunities provided through clubs and social interactions, these do not seem to overshadow the significant challenges some students faced during their time at the college. Many feel that unless they have the right instructors, their educational experience could suffer.
This AI summary has been generated from reviews found on Facebook.
Is College Of Central Florida Foundation Inc legitimate?
College Of Central Florida Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. College Of Central Florida 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.
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.cf.edu
What is the mission statement of College Of Central Florida Foundation Inc?
The College of Central Florida Foundation Inc's mission is centered around providing support for the educational institution, primarily in Citrus, Levy, and Marion Counties. Their objective is to secure both restricted and unrestricted resources to enhance the institution's ability to deliver educational services. They achieve this through identification, solicitation, and acquisition of these resources. Furthermore, the foundation organizes various educational and cultural events to enrich the learning experience for students and the community. In addition, they provide funding for endowment chair/grant programs. During 2022, the foundation's donors remained committed to the college's mission, contributing significant funds, establishing new endowments, and supporting existing programs.
Official website here: www.cf.edu
Who is the CEO of College Of Central Florida Foundation Inc?
Christopher R Knife is the CEO of College Of Central Florida Foundation Inc The CEO's salary of College Of Central Florida Foundation Inc is $0 and their total compensation is $190,336.
Official website here: www.cf.edu
What is the revenue of College Of Central Florida Foundation Inc?
College Of Central Florida Foundation Inc's revenue in 2023 was $14,177,758.
Official website here: www.cf.edu
Who are the executives of College Of Central Florida Foundation Inc and what are their salaries?
There 25 volunteers at College Of Central Florida Foundation Inc.
Here are 21 key members and their salaries (College Of Central Florida Foundation Inc's CEO's salary is $0 and their total compensation is $190,336):
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- Related: $136,374
- Other: $53,962
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- Other: $18,362
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Official website here: www.cf.edu
Where can I find the form 990 for College Of Central Florida Foundation Inc?
College Of Central Florida Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cf.edu
Learn more at the official website: www.cf.edu
Mission Statement of College Of Central Florida Foundation Inc
The College of Central Florida Foundation's mission involves identifying, soliciting, and acquiring both restricted and unrestricted resources. These resources are then utilized to support the college in providing educational services to citizens residing in Citrus, Levy, and Marion counties. The foundation's goal is to enhance the educational opportunities available to students and contribute positively to the surrounding community.
In its mission to support the college, the College of Central Florida Foundation engages in various activities. One of its primary roles is to provide leadership, volunteer action, charitable giving, and community involvement. The foundation also organizes a variety of educational and cultural events, aiming to enrich the learning experience for students and enrich the community as a whole. Additionally, the foundation supports program development through funds such as the Promise for the Future Fund, which plays a crucial role in funding college and foundation priorities.
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Impact
July, 2024
The College Of Central Florida Foundation Inc has a significant impact on the community by providing leadership, service, voluntary action, and charitable giving. In 2022, donors remained loyal to the college's mission by donating over $3.7 million in support, establishing new endowments, and providing program support. The Promise for the Future fund of $4.3 million supports program development, a foundation, and college funding priority. Additionally, $1.8 million donated through the Promise for the Future campaign is available for the new Levy County campus facility and programs. One of their inspiring programs, the Steps to CF scholarships, awards fifth grade elementary students from donor-adopted schools scholarships to the college upon graduation. Overall, the foundation plays a vital role in enhancing the quality of learning for students and the community, making a tangible difference in educational services for Citrus, Levy, and Marion counties.
This information is meant to be a general summary of College Of Central Florida 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: $4,608,037
- Program Service Revenue: $1,197,668
- Gross Receipts: $27,434,150
Assets and Liabilities:
- Total Assets: $131,429,306
- Total Liabilities: $18,417,451
- Net Assets: $113,011,855
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT HOUSING INCOME
Revenue
$947,298
ENTERPRISE CENTER INCOME
Revenue
$250,370
Organization Details
Founding Year
1959
Principal Officer
Christopher R Knife
Website
www.cf.eduNTEE Category
Code: B41I - Education
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