Overview
What is Temple College Foundation Inc?
Temple College Foundation Inc is a charitable organization dedicated to supporting and enhancing Temple College. Their primary role is to act as an intermediary, receiving and managing donations intended for the college. This includes offering financial aid in the form of scholarships and other forms of assistance to students. Their mission is to contribute to the academic and physical growth of the college, aiming to foster a thriving educational environment.
Official website here: www.foundation.templejc.edu/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Star rating.
The Temple College Foundation Inc has received a Two-Star rating from Charity Navigator, reflecting an overall score of 66%. This score is primarily derived from its Accountability & Finance criteria, indicating a strong emphasis on financial management and transparency. The foundation has demonstrated excellent governance practices, with a fully independent board and strong conflict of interest policies in place.
Strengths of the organization include high scores in accountability metrics, such as program expenses comprising nearly 90% of total expenditures and strong reporting practices, evidenced by regularly documented board meeting minutes. However, the foundation experiences challenges in financial ratios, particularly with a liabilities to assets ratio of 136.40%, which suggests potential financial risk that may warrant further scrutiny.
While the foundation excels in governance and accountability, the concerning financial metric could be a limitation to its overall effectiveness. Continued focus on improving financial stability may enhance its rating in the future and help secure greater trust from donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Temple College Foundation Inc?
96% of 8 reviewers on Facebook recommend Temple College Foundation Inc. Here is a summary of their reviews:
Many individuals express admiration for the organization, highlighting the remarkable people involved and the inspiring work being done. The generosity of the donors receives special mention, indicating a strong appreciation for the support they provide to the foundation's mission.
Overall, this nonprofit appears to foster a positive image among its supporters, establishing a genuine connection between the community and its goals. The enthusiasm and appreciation from the reviewers suggest that the foundation successfully fulfills its mission and engages effectively with its audience.
This AI summary has been generated from reviews found on Facebook.
Is Temple College Foundation Inc legitimate?
Temple College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Temple 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.
Heare are some key statistics you may want to consider:
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Official website here: www.foundation.templejc.edu/
What is the mission statement of Temple College Foundation Inc?
The Temple College Foundation Inc's mission is to enhance and support the academic and physical development of Temple College. They accomplish this by serving as an intermediary to receive and manage charitable contributions on the college's behalf. The foundation's primary role is to offer financial aid and other types of support to students, contributing to their overall growth.
Official website here: www.foundation.templejc.edu/
Who is the CEO of Temple College Foundation Inc?
Beverly Luedke is the President of Temple College Foundation Inc.
Official website here: www.foundation.templejc.edu/
What is the revenue of Temple College Foundation Inc?
Temple College Foundation Inc's revenue in 2022 was $10,138.
Official website here: www.foundation.templejc.edu/
Who are the executives of Temple College Foundation Inc and what are their salaries?
Here are 19 key members and their salaries:
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Official website here: www.foundation.templejc.edu/
Where can I find the form 990 for Temple College Foundation Inc?
Temple College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundation.templejc.edu/
Learn more at the official website: www.foundation.templejc.edu/
Mission Statement of Temple College Foundation Inc
The Temple College Foundation Inc plays a significant role in enhancing and supporting the educational journey of Temple College's students. Their mission, in essence, is to contribute to the college's academic and physical development by serving as an intermediary for receiving and managing donations. By providing this service, the foundation aims to bolster the college's resources, thereby fostering an environment that encourages growth and development among its students. One of the ways the Temple College Foundation achieves this goal is by offering scholarships and various forms of support to students, thereby making higher education more accessible and affordable. This commitment to strengthening and contributing to the college's growth ultimately benefits the students, who are the recipients of the foundation's generosity and dedication.
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Impact
August, 2024
Temple College Foundation Inc's impact is significant in supporting and enhancing the academic and physical growth of Temple College. By providing a platform to receive and administer gifts on behalf of the college, the foundation plays a crucial role in strengthening the educational environment for students. This impact is seen through the foundation's programs that offer scholarships and other forms of support to students, aiding in their educational pursuits and overall success. Through its efforts, Temple College Foundation Inc contributes to the advancement of education and the empowerment of individuals in Temple, TX.
This information is meant to be a general summary of Temple 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 2022.
- Investment Income: $258,606
- Gross Receipts: $3,128,511
Assets and Liabilities:
- Total Assets: $13,164,001
- Total Liabilities: $17,862,709
- Net Assets: -$4,698,708
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Organization Details
Founding Year
1982
Phone
(254) 773-9961Principal Officer
Beverly Luedke
Main Address
2600 SO 1ST ST, TEMPLE, TX, 76504
Website
www.foundation.templejc.edu/NTEE Category
Code: B41I - Education
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