Overview
What is Hinds Community College Foundation?
The Hinds Community College Foundation is a nonprofit organization dedicated to providing financial assistance to students enrolled at Hinds Community College. The foundation's primary activities include offering scholarships, facilitating faculty and staff development, and creating new learning opportunities. By receiving donations and grants, the foundation aims to support deserving students in their pursuit of higher education, thereby contributing to their academic growth and future success.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
The Hinds Community College Foundation has received a strong rating of 91% from Charity Navigator, indicating a high level of accountability and financial health. With a notable program expense ratio of 94%, the foundation effectively allocates the majority of its resources towards its programs, reflecting a commitment to its mission. The foundation also shows exceptional fundraising efficiency, with a minimal cost of $0.02 to raise a dollar, highlighting its effective fundraising strategies.
The organization is governed by a fully independent board, consisting of 25 members, which contributes to a high level of oversight and transparency. The foundation has robust policies in place, including conflict of interest and whistleblower policies, which enhance its accountability. Additionally, the audit and oversight committee has achieved a perfect score, demonstrating rigorous financial management and adherence to best practices.
However, the foundation's culture and community score of 81 suggests there may be areas for improvement regarding community engagement and organizational culture. While the financial metrics are impressive, further efforts may be needed to enhance stakeholder relationships and overall community involvement.
This AI summary has been generated from information found on Charity Navigator.
Is Hinds Community College Foundation legitimate?
Hinds Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hinds 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.
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What is the mission statement of Hinds Community College Foundation?
The Hinds Community College Foundation's mission is centered around providing assistance for higher education. Specifically, it offers scholarships and grants to deserving students to further their studies at Hinds Community College. The foundation also contributes to faculty and staff development and facilitates the creation of new learning opportunities. In essence, its primary goal is to support students in their academic journey at Hinds Community College.
What is the revenue of Hinds Community College Foundation?
Hinds Community College Foundation's revenue in 2023 was $4,608,323.
Who are the executives of Hinds Community College Foundation and what are their salaries?
The average compensation at Hinds Community College Foundation during 2023 was $78,903.
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Where can I find the form 990 for Hinds Community College Foundation?
Hinds Community College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hinds Community College Foundation
The Hinds Community College Foundation, a nonprofit organization, is dedicated to providing scholarships and grants for deserving students pursuing higher education at Hinds Community College. Its mission is to support these students financially, thereby enabling them to access quality education. The foundation's activities are not limited to scholarships alone; it also invests in faculty and staff development and creates new learning opportunities. By doing so, it contributes to the overall growth and improvement of the educational institution.
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Impact
July, 2024
Hinds Community College Foundation's impact is significant in providing scholarships, faculty/staff development, and new learning opportunities to deserving students at Hinds Community College in Raymond, MS. Through its initiatives, the Foundation supports students in pursuing higher education, thereby contributing to their academic and professional growth. This support plays a crucial role in empowering individuals to achieve their educational goals and create a positive impact in their communities.
This information is meant to be a general summary of Hinds 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 2023.
- Investment Income: $574,250
- Gross Receipts: $13,782,302
Assets and Liabilities:
- Total Assets: $32,167,353
- Total Liabilities: $13,880,000
- Net Assets: $18,287,353
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Organization Details
Founding Year
1978
Principal Officer
Matthew Jones
NTEE Category
Code: B11 - Education
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