Overview
What is Gillette College Foundation?
The Gillette College Foundation is a nonprofit organization located in Gillette, Wyoming, specifically at 300 WEST SINCLAIR. Its primary mission is to support Gillette College by providing financial aid through scholarships, grants, and funding for programs and capital projects. This assistance enables students to achieve their academic goals, thereby strengthening the college's growth and sustainability. The foundation ensures that the scholarships are awarded to eligible students in designated programs, adhering to the objectives of various funds. Their purpose is to enhance the offerings and operations of the Gillette campus and contribute to specific projects that support the college, encompassing student aid, equipment, and facility upgrades.
Official website here: www.gillettecollegefoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Gillette College Foundation has earned an 84% rating from Charity Navigator, which highlights its strong performance in accountability and finance. The organization boasts a fully independent board, with 100% of its members meeting this criterion, which contributes positively to its governance structure. The foundation’s financial statements are subject to audits, and it has implemented various policies that enhance transparency and accountability.
Strengths of the Gillette College Foundation include a solid financial health indicated by a low liabilities-to-assets ratio of 24.53%, which suggests prudent financial management. The majority of its expenses are directed towards programs, with a program expense ratio of 60.57%, indicating a commitment to fulfilling its mission effectively. The organization also adheres to best practices with documented policies regarding conflicts of interest, whistleblowing, and document retention.
However, while the organization demonstrates strong accountability metrics, its program expense ratio could be improved to increase the financial efficiency of its operations. This area may warrant attention to enhance the overall impact of its mission and service delivery. Despite this limitation, the foundation shows a commendable commitment to governance practices, ensuring that it operates with integrity and in the best interest of its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Gillette College Foundation legitimate?
Gillette College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gillette 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: $55,435
For more financial information, click here
Official website here: www.gillettecollegefoundation.org
What is the mission statement of Gillette College Foundation?
The Gillette College Foundation's mission is centered around supporting Gillette College by providing financial assistance for scholarships, grants, programs, and capital projects. This aim enables all students to achieve their academic goals, thereby establishing the college as a valued partner for sustainable growth. The foundation's mission also includes enhancing the offerings and operations of the Gillette campus and providing funding for specific projects that support the campus, including student aid, equipment, and facilities. The foundation solicits donations for scholarships and ensures that the funds are disbursed to qualified students in the designated programs, in accordance with the purpose of various funds.
Official website here: www.gillettecollegefoundation.org
Who is the CEO of Gillette College Foundation?
David Horning is the Executive Di of Gillette College Foundation.
Official website here: www.gillettecollegefoundation.org
What is the revenue of Gillette College Foundation?
Gillette College Foundation's revenue in 2022 was $2,866,276.
Official website here: www.gillettecollegefoundation.org
Who are the executives of Gillette College Foundation and what are their salaries?
There 20 volunteers at Gillette College Foundation.
Here are 18 key members and their salaries:
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Official website here: www.gillettecollegefoundation.org
Where can I find the form 990 for Gillette College Foundation?
Gillette College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gillettecollegefoundation.org
Learn more at the official website: www.gillettecollegefoundation.org
Mission Statement of Gillette College Foundation
The Gillette College Foundation, a dedicated organization, has a mission to bolster the Gillette College by offering direct financial aid in the form of scholarships, grants, programs, and capital projects. This mission aims to ensure that all students can achieve their academic goals, thereby establishing Gillette College as a valuable partner for sustainable growth.
In line with this objective, the Foundation focuses on enhancing the offerings and operations of the Gillette campus. It provides funding for specific projects that support the Gillette campus, including student aid, equipment, and facilities. The Foundation actively solicits donations for scholarships and distributes the funds to the designated recipients. Crucially, it ensures that the scholarships are awarded to qualified students in the designated programs, adhering to the purpose of the various funds. In this manner, the Gillette College Foundation plays a pivotal role in supporting the educational aspirations of its students and the development of the Gillette campus.
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Impact
July, 2024
The Gillette College Foundation's impact is significant in supporting Gillette College by providing direct financial assistance for scholarships, grants, programs, and capital projects. This ensures that all students have the opportunity to realize their academic goals. The Foundation serves as a valued partner for sustainable growth, soliciting donations for scholarships and distributing funds to designated recipients. By awarding scholarships to qualified students in designated programs, the Foundation plays a crucial role in enhancing the offerings and operations of the Gillette campus. Through funding specific projects that support the campus, including student aid, equipment, and facilities, the Foundation furthers its mission of enriching the educational experience for students and contributing to the overall success of Gillette College.
This information is meant to be a general summary of Gillette 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: $1,101,781
- Program Service Revenue: $118,013
- Gross Receipts: $6,659,330
Assets and Liabilities:
- Total Assets: $13,856,897
- Total Liabilities: $3,512,181
- Net Assets: $10,344,716
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEE INCOME
Revenue
$118,013
Organization Details
Founding Year
1987
Phone
(307) 681-6400Principal Officer
David Horning
Main Address
300 WEST SINCLAIR, GILLETTE, WY, 82718
NTEE Category
Code: B11 - Education
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