Overview
What is Grayson College Foundation?
Grayson College Foundation is a nonprofit organization that plays a crucial role in supporting Grayson College. Its primary mission is to secure necessary resources for the institution, fostering a harmonious relationship between the college and its various stakeholders. By encouraging philanthropic support and enhancing public understanding, the Foundation serves Grayson College effectively. It actively engages in activities such as providing financial assistance for facility enhancements, equipping the college with necessary tools, and awarding scholarships to deserving students. The Foundation's ultimate goal is to contribute positively to Grayson College's growth and success.
Official website here: www.grayson.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%
The Grayson College Foundation holds an 87% rating on Charity Navigator, indicating a strong focus on accountability and finance, with an 88% score in that area. The foundation boasts a majority of independent board members and has a solid program expense ratio of 74.15%, demonstrating effective allocation of resources towards its mission of supporting students. However, some important policies, such as a whistleblower and document retention policy, are missing, which may raise concerns regarding governance practices.
User reviews from Great Nonprofits reveal that the foundation plays a crucial role in the community by offering scholarships and mentoring programs that significantly impact students' lives. Many reviewers express gratitude for the financial support received, which has enabled them to pursue their education and professional goals. The foundation is praised for its quick assistance, particularly for veterans and students from low-income backgrounds, highlighting its commitment to making education accessible.
Despite the overall positive feedback, there are indications that the foundation could enhance its policies to further strengthen governance. Nonetheless, the Grayson College Foundation is viewed as a vital resource for the community, enabling countless individuals to achieve their educational aspirations and improve their futures through higher education.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Grayson College Foundation legitimate?
Grayson College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grayson 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.grayson.edu
What is the mission statement of Grayson College Foundation?
The Grayson College Foundation's mission is to secure resources for Grayson College. This is accomplished by fostering public understanding and garnering philanthropic support. The foundation promotes mutually beneficial relationships between the college and its constituencies. It provides resources for various college programs, including facility improvements, equipment acquisitions, and scholarships for students. The foundation's activities aim to strengthen and support Grayson College in its educational endeavors.
Official website here: www.grayson.edu
Who is the CEO of Grayson College Foundation?
Randall Truxal is the Executive Director of Grayson College Foundation.
Official website here: www.grayson.edu
What is the revenue of Grayson College Foundation?
Grayson College Foundation's revenue in 2022 was $3,789,664.
Official website here: www.grayson.edu
Who are the executives of Grayson College Foundation and what are their salaries?
There 25 volunteers at Grayson College Foundation.
Here are 18 key members and their salaries:
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- Other: $19,913
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- Other: $52,163
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- Related: $121,481
- Other: $19,436
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Official website here: www.grayson.edu
Where can I find the form 990 for Grayson College Foundation?
Grayson College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.grayson.edu
Learn more at the official website: www.grayson.edu
Mission Statement of Grayson College Foundation
The Grayson College Foundation's mission revolves around securing resources for Grayson College. In pursuit of this goal, the foundation plays a crucial role in fostering understanding and garnering philanthropic support for the college. By cultivating mutually beneficial relationships with various constituencies, the foundation serves as a bridge between the college and its diverse stakeholders. The Grayson College Foundation contributes to the college in various ways, including providing resources for various programs, facilitating improvements in college facilities, and aiding in the acquisition of necessary equipment. Furthermore, the foundation offers scholarships to deserving students, thereby supporting the academic pursuits of the college's student body.
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Impact
July, 2024
Grayson College Foundation's impact is significant in securing resources for Grayson College. The Foundation plays a crucial role in supporting the college through the development of public understanding and philanthropic support. It fosters mutually beneficial relationships between the college and its various constituencies, providing resources for programs, facility improvements, equipment acquisitions, and scholarships for students. This support helps enhance the educational experience and opportunities available at Grayson College.
This information is meant to be a general summary of Grayson 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 2022.
- Investment Income: $2,070,016
- Gross Receipts: $3,813,596
Assets and Liabilities:
- Total Assets: $18,934,161
- Total Liabilities: $4,567
- Net Assets: $18,929,594
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Organization Details
Founding Year
1991
Phone
(903) 465-6030Principal Officer
Randall Truxal
Main Address
6101 GRAYSON DRIVE FM 691, DENISON, TX, 75020
Website
www.grayson.eduNTEE Category
Code: B41I - Education
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