Overview
What is Alamo Colleges Foundation Inc?
Alamo Colleges Foundation Inc, situated in San Antonio, Texas, serves as a philanthropic body supporting the Alamo Colleges District. Established with the aim of enhancing the district's capacity, the foundation assists diverse communities served by each of the five colleges: San Antonio (1925), St. Philip's (1898), Palo Alto (1985), Northeast Lakeview (2007), and Northwest Vista (1995). The foundation raises funds to grant scholarships and support programs, fostering student success. It also manages resources to maintain, expand, and improve facilities and services within the district, which includes eight regional and neighborhood centers. The mission of Alamo Colleges Foundation Inc is to provide post-secondary education scholarships and other educational support to students within the Alamo Colleges District.
Official website here: www.alamo.edu/foundation
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 98% (Four-Star out of Four Stars)**
The Alamo Colleges Foundation Inc has received a Four-Star rating from Charity Navigator, demonstrating a high level of accountability and financial health. With an impressive Accountability & Finance score of 100%, the foundation has established solid governance practices, including an independent board and comprehensive oversight mechanisms. This rating indicates that donors can expect transparency and effective management of their contributions.
Strengths noted include the foundation's strong Program Expense ratio of 96.62%, which signifies that the majority of its expenditures are directed towards its mission-related programs. Additionally, the organization has a very low liabilities to assets ratio, ensuring financial stability, along with efficient fundraising practices. Furthermore, it has received positive marks for its equity strategies and feedback collection practices, reflecting its commitment to community engagement.
As of the latest data, there are no significant user reviews available for the Alamo Colleges Foundation on GreatNonprofits. While the organization excels in many operational aspects, the lack of user feedback may limit insights into the community's perceptions and experiences with its programs.
This AI summary has been generated from information found on Charity Navigator.
Is Alamo Colleges Foundation Inc legitimate?
Alamo Colleges Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alamo Colleges 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.alamo.edu/foundation
What is the mission statement of Alamo Colleges Foundation Inc?
The Alamo Colleges Foundation Inc's mission is centered around raising philanthropic funds to support scholarships and various programs, ultimately contributing to student success. Established to bolster the Alamo Colleges District's capacity, the foundation serves diverse communities connected to its five colleges and eight regional and neighborhood centers. The foundation's primary objective is to provide post-secondary education scholarships and additional educational support to students within the Alamo Colleges. Funds are allocated to the Alamo Colleges for the maintenance, development, expansion, and improvement of facilities and services.
Official website here: www.alamo.edu/foundation
Who is the CEO of Alamo Colleges Foundation Inc?
Barton T Simpson is the Executive Director of Alamo Colleges Foundation Inc.
Official website here: www.alamo.edu/foundation
What is the revenue of Alamo Colleges Foundation Inc?
Alamo Colleges Foundation Inc's revenue in 2022 was $7,470,427.
Official website here: www.alamo.edu/foundation
Who are the executives of Alamo Colleges Foundation Inc and what are their salaries?
There 20 volunteers at Alamo Colleges Foundation Inc.
Here are 21 key members and their salaries:
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- Other: $15,778
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Official website here: www.alamo.edu/foundation
Where can I find the form 990 for Alamo Colleges Foundation Inc?
Alamo Colleges Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alamo.edu/foundation
Learn more at the official website: www.alamo.edu/foundation
Mission Statement of Alamo Colleges Foundation Inc
The Alamo Colleges Foundation Inc, established with the mission to strengthen the Alamo Colleges District's capacity, prioritizes raising philanthropic funds. This nonprofit organization aims to support scholarships and programs, thereby contributing to the success of students attending the district's five colleges: San Antonio, St. Philip's, Palo Alto, Northeast Lakeview, and Northwest Vista, along with eight regional and neighborhood centers. Alamo Colleges Foundation Inc's primary objective is to provide post-secondary education scholarships and various educational support to students within the Alamo Colleges District. This mission is carried out through grants and allocations to maintain, develop, increase, and extend facilities and services at the Alamo Colleges, empowering the diverse communities they serve.
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Impact
July, 2024
Alamo Colleges Foundation Inc's impact lies in its mission to provide post-secondary education scholarships and educational support to students within the Alamo Colleges district. By raising philanthropic funds to support scholarships and programs, the Foundation is able to empower the diverse communities served by each of the five colleges in the district - San Antonio, St. Philip's, Palo Alto, Northeast Lakeview, and Northwest Vista. Through grants and allocations to the colleges, the Foundation helps maintain, develop, increase, and extend facilities and services, ultimately contributing to student success and enhancing educational opportunities for the community.
This information is meant to be a general summary of Alamo Colleges 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: $702,503
- Gross Receipts: $20,081,247
Assets and Liabilities:
- Total Assets: $67,992,284
- Total Liabilities: $62,222
- Net Assets: $67,930,062
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Organization Details
Founding Year
1984
Phone
(210) 485-0356Principal Officer
Barton T Simpson
Main Address
2222 NORTH ALAMO STREET, SAN ANTONIO, TX, 78215
Website
www.alamo.edu/foundationNTEE Category
Code: B110 - Education
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