Overview
What is Southwest Tennessee Community College Foundation?
Southwest Tennessee Community College Foundation is a charitable organization situated in Memphis, Tennessee. Its primary mission is to strengthen the educational landscape of Southwest Tennessee Community College by providing financial aid in the form of scholarships for students enrolled in various programs. The foundation seeks to broaden educational opportunities for both students and faculty, ultimately enhancing the college's overall mission. To achieve this, the foundation makes grants to support academic programs and facilities, thereby fostering a nurturing learning environment.
Official website here: www.southwest.tn.edu/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Southwest Tennessee Community College Foundation has achieved a high rating of 96%, reflecting its strong performance in accountability and finance. This score is based solely on a beacon score focused on these two areas, which indicates a solid foundation in financial management and transparency. The absence of material diversion of assets and a low liabilities to assets ratio further underscore the organization's fiscal responsibility.
Strengths of the foundation include its majority independent board members, which promotes good governance, and a comprehensive set of policies such as conflict of interest, whistleblower, and document retention. These policies contribute to its high accountability score, demonstrating the foundation's commitment to ethical practices and operational transparency.
The foundation's program expense ratio stands at an impressive 100%, meaning all expenses are directed toward its programs. This focus ensures that resources are effectively utilized for the benefit of the community it serves, aligning with its mission to support students and enhance educational opportunities. Overall, the foundation exhibits robust governance and financial health, making it a reliable nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Southwest Tennessee Community College Foundation?
66% of 301 reviewers on Facebook recommend the Southwest Tennessee Community College Foundation. Here is a summary of their reviews:
Many users express a positive sentiment towards the school, highlighting it as a great educational institution. Some comments reflect satisfaction with the programs offered and the overall support provided to students. However, it's important to note that the recommendation rate indicates that there are mixed feelings among the reviewers, with some expressing reservations.
Overall, while there are clear strengths identified by supporters, such as strong community involvement and beneficial educational experiences, the lower recommendation rate suggests that not everyone feels equally enthusiastic about the college's offerings.
This AI summary has been generated from reviews found on Facebook.
Is Southwest Tennessee Community College Foundation legitimate?
Southwest Tennessee Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Tennessee 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.southwest.tn.edu/foundation/
What is the mission statement of Southwest Tennessee Community College Foundation?
The Southwest Tennessee Community College Foundation's mission is to support the mission of Southwest Tennessee Community College by providing financial aid to various programs and facilities, thereby expanding educational opportunities for students, faculty, and staff. As a not-for-profit organization, its primary goal is to enhance the college's mission by funding scholarships for students enrolled in various programs. The foundation aims to broaden the educational horizons of the college community, thus contributing to its overall growth and development.
Official website here: www.southwest.tn.edu/foundation/
Who is the CEO of Southwest Tennessee Community College Foundation?
Darrell K Thomas is the President of Southwest Tennessee Community College Foundation.
Official website here: www.southwest.tn.edu/foundation/
What is the revenue of Southwest Tennessee Community College Foundation?
Southwest Tennessee Community College Foundation's revenue in 2022 was $611,995.
Official website here: www.southwest.tn.edu/foundation/
Who are the executives of Southwest Tennessee Community College Foundation and what are their salaries?
There 40 volunteers at Southwest Tennessee Community College Foundation.
Here are 14 key members and their salaries:
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Official website here: www.southwest.tn.edu/foundation/
Where can I find the form 990 for Southwest Tennessee Community College Foundation?
Southwest Tennessee Community College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southwest.tn.edu/foundation/
Learn more at the official website: www.southwest.tn.edu/foundation/
Mission Statement of Southwest Tennessee Community College Foundation
The Southwest Tennessee Community College Foundation is a not-for-profit organization established with a mission to enhance the mission of Southwest Tennessee Community College. This is achieved by providing financial support for programs and facilities, thereby broadening educational opportunities for the college's students, faculty, and staff. The foundation's role is instrumental in fostering a conducive learning environment, enabling individuals to pursue their academic goals more comprehensively.
In essence, the Southwest Tennessee Community College Foundation serves as a financial backbone, granting funds to the college to award scholarships to students enrolled in various programs. By doing so, it promotes accessibility to higher education, enabling talented individuals, regardless of their financial circumstances, to pursue their academic dreams. This commitment to financial support is a testament to the foundation's dedication to enriching the educational landscape at Southwest Tennessee Community College.
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Impact
July, 2024
Southwest Tennessee Community College Foundation plays a crucial role in enhancing the mission of Southwest TN Community College by providing financial support for programs and facilities that broaden educational opportunities for students, faculty, and staff. The foundation's primary impact is seen through the funds granted to the college to award scholarships to students enrolled in various programs, thereby making education more accessible and affordable for many individuals in Memphis, TN. Through its efforts, the foundation contributes significantly to the overall success and growth of Southwest TN Community College.
This information is meant to be a general summary of Southwest Tennessee 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 2022.
- Investment Income: $218,946
- Gross Receipts: $611,995
Assets and Liabilities:
- Total Assets: $5,392,669
- Total Liabilities: $8,520
- Net Assets: $5,384,149
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Organization Details
Founding Year
2000
Phone
(901) 333-4737Principal Officer
Darrell K Thomas
Main Address
5983 MACON COVE, MEMPHIS, TN, 38134
NTEE Category
Code: B43I - Education
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