Overview
What is Collin County Community College District Foundation Inc?
Collin County Community College District Foundation Inc, located at 3452 SPUR 399 SUITE 429, McKinney, TX 75069, is a dedicated nonprofit organization. Its primary mission is to support and enhance the Collin County Community College District by providing philanthropic funding for various initiatives. This includes scholarships to assist students with college tuition, fees, and textbooks. Additionally, the foundation supports faculty enrichment, addresses critical capital needs, and backs programs of excellence within the district. Through these efforts, the Collin College Foundation aims to contribute positively to the educational community.
Official website here: www.collin.edu/foundation/
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%, Four-Star out of Four Star rating.
The Collin County Community College District Foundation Inc has received a perfect score of 100%, reflecting exceptional performance in accountability and finance. This rating highlights the organization’s strong governance practices, including a fully independent board and robust financial oversight mechanisms. With no material diversion of assets and a commitment to transparency, the foundation demonstrates a solid operational framework.
Strengths of the foundation include a high program expense ratio of 72.47%, indicating that a significant portion of its funds is directed towards its mission-related activities. Additionally, the organization exhibits strong fundraising efficiency, with only $0.13 spent on fundraising for every dollar raised. The foundation’s low liabilities to assets ratio further underscores its financial health, showcasing an effective management of resources.
While the rating indicates a well-managed organization, potential donors may want to consider the scope and impact of the foundation's specific programs and initiatives in the community. Overall, the foundation stands out for its exemplary financial practices, making it a reliable choice for individuals looking to support educational efforts in Collin County.
This AI summary has been generated from information found on Charity Navigator.
Is Collin County Community College District Foundation Inc legitimate?
Collin County Community College District Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Collin County Community College District 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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For more financial information, click here
Official website here: www.collin.edu/foundation/
What is the mission statement of Collin County Community College District Foundation Inc?
The Collin County Community College District Foundation's mission is centered around supporting and enhancing the Collin County Community College District. This is accomplished through philanthropic efforts, specifically by providing financial aid for student scholarships, facilitating faculty enrichment programs, addressing critical capital needs, and championing programs of excellence. The foundation has demonstrated its commitment to this mission by offering 904 scholarship awards to assist students in paying for their college tuition, fees, and textbooks.
Official website here: www.collin.edu/foundation/
Who is the CEO of Collin County Community College District Foundation Inc?
David L Downs is the Chair of Collin County Community College District Foundation Inc.
Official website here: www.collin.edu/foundation/
What is the revenue of Collin County Community College District Foundation Inc?
Collin County Community College District Foundation Inc's revenue in 2022 was $3,346,139.
Official website here: www.collin.edu/foundation/
Who are the executives of Collin County Community College District Foundation Inc and what are their salaries?
There 250 volunteers at Collin County Community College District Foundation Inc.
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Official website here: www.collin.edu/foundation/
Where can I find the form 990 for Collin County Community College District Foundation Inc?
Collin County Community College District Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.collin.edu/foundation/
Learn more at the official website: www.collin.edu/foundation/
Mission Statement of Collin County Community College District Foundation Inc
Collin County Community College District Foundation Inc, as a philanthropic organization, is committed to supporting and enhancing the Collin County Community College District. This support is primarily focused on four key areas: student scholarships, faculty enrichment, critical capital needs, and programs of excellence. By providing financial aid through scholarships, the foundation helps students cover college tuition, fees, and book costs, thereby making higher education more accessible. Additionally, the foundation invests in faculty enrichment, ensuring that educators have the necessary resources to deliver high-quality education. Furthermore, the foundation addresses critical capital needs, providing financial support for infrastructure improvements and facility upgrades. Lastly, the foundation champions programs of excellence, funding initiatives that showcase the college district's commitment to academic excellence. In summary, Collin County Community College District Foundation Inc plays a vital role in supporting and enhancing the Collin County Community College District, empowering students and faculty to succeed and achieve their full potential.
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Impact
July, 2024
The impact of Collin County Community College District Foundation Inc is profound. By providing 904 scholarships to assist students with college tuition, fees, and books, the foundation is directly contributing to the educational pursuits of individuals in need. This support not only enables students to access higher education but also enhances the overall quality of education at Collin County Community College District. Through philanthropic efforts focused on scholarships, faculty enrichment, critical needs, and programs of excellence, the foundation is instrumental in fostering a culture of learning and academic success in the community.
This information is meant to be a general summary of Collin County Community College District 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: $277,129
- Gross Receipts: $9,652,222
Assets and Liabilities:
- Total Assets: $19,576,624
- Total Liabilities: $18,820
- Net Assets: $19,557,804
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Organization Details
Founding Year
1987
Phone
(972) 599-3145Principal Officer
David L Downs
Main Address
3452 SPUR 399 SUITE 429, MCKINNEY, TX, 75069
Website
www.collin.edu/foundation/NTEE Category
Code: B41I - Education
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