Overview
What is Austin Community College Foundation?
The Austin Community College Foundation is a nonprofit organization located at 6101 Highland Campus Dr, Austin, Texas 78752. Its primary mission is to offer financial support to the Austin Community College District, specifically for scholarships and various programs. This support aims to bolster educational initiatives, elevate the quality of facilities and instruction, expand and diversify educational services, and enhance accessibility to educational opportunities for the college's students, faculty, staff, and local community.
Official website here: www.austincc.edu/offices/acc-foundation
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The Austin Community College Foundation has achieved an impressive 100% score, reflecting its strong commitment to accountability and financial management. This rating indicates that the foundation operates with a high level of transparency and integrity, essential attributes for nonprofit organizations. The evaluation highlights the foundation's effective oversight, with all board members being independent, ensuring no conflicts of interest that could affect its operations.
The foundation excels in its financial metrics, with a program expense ratio of 95.71%, indicating that a significant portion of its resources is directed towards its mission-driven activities rather than administrative costs. Additionally, the absence of liabilities and a substantial working capital ratio of 11.67 years suggest robust financial health and sustainability. These elements contribute to the foundation's strong reputation among donors and the community it serves.
While the foundation has demonstrated exemplary performance in all measured areas, potential donors may seek further details on its specific programs and their community impact. Overall, the Austin Community College Foundation stands out as a well-managed and effective organization dedicated to supporting educational opportunities in the Austin area.
This AI summary has been generated from information found on Charity Navigator.
Is Austin Community College Foundation legitimate?
Austin Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Austin 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:
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For more financial information, click here
Official website here: www.austincc.edu/offices/acc-foundation
What is the mission statement of Austin Community College Foundation?
The Austin Community College Foundation's mission is centered around supporting educational initiatives. This encompasses enhancing the quality of facilities and instruction, expanding and diversifying educational services, and improving accessibility to educational opportunities for the community served by Austin Community College. The foundation aims to provide financial resources to foster these objectives, primarily through scholarships and various programs.
Official website here: www.austincc.edu/offices/acc-foundation
Who is the CEO of Austin Community College Foundation?
Kannan Kaliyur is the Chair of Austin Community College Foundation.
Official website here: www.austincc.edu/offices/acc-foundation
What is the revenue of Austin Community College Foundation?
Austin Community College Foundation's revenue in 2023 was $2,884,034.
Official website here: www.austincc.edu/offices/acc-foundation
Who are the executives of Austin Community College Foundation and what are their salaries?
There 27 volunteers at Austin Community College Foundation.
Here are 28 key members and their salaries:
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Official website here: www.austincc.edu/offices/acc-foundation
Where can I find the form 990 for Austin Community College Foundation?
Austin Community College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.austincc.edu/offices/acc-foundation
Learn more at the official website: www.austincc.edu/offices/acc-foundation
Mission Statement of Austin Community College Foundation
Austin Community College Foundation's mission is centered around supporting educational initiatives. This nonprofit organization aims to enhance the quality of facilities and instruction, diversify educational services, and improve accessibility to these opportunities for students, faculty, and staff within the Austin Community College District. In essence, their goal is to broaden and elevate the educational landscape, ensuring it remains accessible to a wide array of individuals served by the college. The foundation provides financial resources, contributing to scholarships and various programs, thereby playing a pivotal role in fostering a robust educational environment.
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Impact
July, 2024
Austin Community College Foundation's impact can be seen in the significant support it provides to educational initiatives aimed at enhancing the quality of facilities and instruction at Austin Community College District. By offering financial resources for scholarships and other programs, the foundation plays a crucial role in increasing and diversifying educational services while improving accessibility to educational opportunities for students, faculty, staff, and residents served by ACC. This support ultimately contributes to the overall advancement of education in the community.
This information is meant to be a general summary of Austin 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: $487,109
- Gross Receipts: $5,849,618
Assets and Liabilities:
- Total Assets: $16,460,761
- Total Liabilities: $0
- Net Assets: $16,460,761
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Organization Details
Founding Year
1991
Phone
(512) 223-7719Principal Officer
Kannan Kaliyur
Main Address
6101 Highland Campus Dr 3000-4270, Austin, TX, 78752
NTEE Category
Code: B114 - Education
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