Overview
What is Victoria College Foundation Inc?
Victoria College Foundation Inc is a 501(c)(3) nonprofit organization, headquartered in Victoria, Texas. Its primary mission is to secure and allocate financial resources to support Victoria College, its students, faculty, and academic programs. This includes funding for various departments, salaries, and equipment, as well as providing scholarships to students in the amount of $788,480. The foundation serves as a crucial financial backbone, ensuring the continued success and growth of Victoria College.
Official website here: www.victoriacollegefoundation.org
Is Victoria College Foundation Inc legitimate?
Victoria College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victoria 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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Official website here: www.victoriacollegefoundation.org
What is the mission statement of Victoria College Foundation Inc?
The Victoria College Foundation Inc., as a 501(c)(3) non-profit organization, is dedicated to securing financial resources and appropriately allocating them to support Victoria College, its students, faculty, and academic programs. Their mission is centered around providing financial aid and resources to various college departments, including student support services, salaries, and equipment. Additionally, the foundation awards scholarships to students, totalling a significant amount each year.
Official website here: www.victoriacollegefoundation.org
Who is the CEO of Victoria College Foundation Inc?
Mike Rivet is the Director of Victoria College Foundation Inc.
Official website here: www.victoriacollegefoundation.org
What is the revenue of Victoria College Foundation Inc?
Victoria College Foundation Inc's revenue in 2023 was $3,488,501.
Official website here: www.victoriacollegefoundation.org
Who are the executives of Victoria College Foundation Inc and what are their salaries?
Here are 29 key members and their salaries:
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Official website here: www.victoriacollegefoundation.org
Where can I find the form 990 for Victoria College Foundation Inc?
Victoria College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.victoriacollegefoundation.org
Learn more at the official website: www.victoriacollegefoundation.org
Mission Statement of Victoria College Foundation Inc
Victoria College Foundation Inc, as a 501(c)(3) non-profit organization, is dedicated to securing financial resources and appropriately allocating them to support Victoria College, its students, faculty, and academic programs. The foundation's mission is to reinforce the college's operational and educational needs by sourcing and distributing funds effectively. By doing so, it contributes significantly to the overall success and growth of Victoria College and its community. Specifically, the foundation is responsible for awarding student scholarships, totaling 788,480 dollars, and providing financial support to various college departments for student services, salaries, and equipment, amounting to 510,998 dollars. These initiatives aim to enhance the learning experience and opportunities for students at Victoria College, ultimately contributing to their academic success and personal growth.
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Impact
October, 2024
Victoria College Foundation Inc significantly enhances educational opportunities and resources for students and faculty at Victoria College in Texas. Through its dedicated efforts to secure financial resources, the foundation has allocated nearly $511,000 to support various departments and student services within the college. This funding contributes to critical areas such as salaries and equipment, ensuring that faculty have the resources they need to provide quality education.
Moreover, the foundation awarded approximately $788,480 in student scholarships, directly impacting the lives of numerous students by alleviating financial burdens and making higher education more accessible. These scholarships not only support individual academic pursuits but also foster a thriving educational community by encouraging student retention and success.
Overall, the Victoria College Foundation plays a crucial role in strengthening the academic programs and support services at the college, which enhances the educational landscape for current and future students in the region.
This information is meant to be a general summary of Victoria 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 2023.
- Investment Income: $602,746
- Gross Receipts: $9,873,667
Assets and Liabilities:
- Total Assets: $22,565,838
- Total Liabilities: $68,399
- Net Assets: $22,497,439
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Organization Details
Founding Year
1978
Phone
(361) 582-2519Principal Officer
Mike Rivet
Main Address
2200 EAST RED RIVER, VICTORIA, TX, 77901
NTEE Category
Code: T30 - Philanthropy
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