Overview
What is Seattle Colleges Foundation?
The Seattle Colleges Foundation is a nonprofit organization situated in Seattle, Washington, specifically at 1500 Harvard Avenue. Their primary objective is to foster community engagement and support for Seattle Colleges, an inclusive and open-access institution. By doing so, they aim to promote equity and enhance access to affordable, quality education. One of their significant initiatives is providing scholarships to students who face financial barriers, such as first-generation students, students of color, and those experiencing economic challenges. During the last fiscal year, they granted 647 scholarships. The scholarships help alleviate financial obstacles, reduce student debt, and boost the chances of certificate/degree completion, career advancement, and a well-qualified workforce. In essence, the Seattle Colleges Foundation is committed to transforming lives and empowering the community through education.
Official website here: www.foundation.seattlecolleges.edu/
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 97% (Four-Star out of Four Stars)**
The Seattle Colleges Foundation has received an impressive rating of 97%, reflecting a strong commitment to accountability and financial health. This rating is solely based on its Accountability & Finance score, which indicates that the organization effectively manages its resources and adheres to high governance standards. This score highlights their majority independent board composition, rigorous financial oversight, and absence of material asset diversion, underscoring a strong foundation for operational integrity.
One of the organization's key strengths lies in its financial ratios, including an exceptional program expense ratio of 80%, indicating that a significant portion of their funds directly supports their programs. Additionally, their fundraising efficiency at $0.03 reflects effective use of contributions to generate funds for their initiatives. Despite the high scores, certain aspects such as Impact & Measurement, Culture & Community, and Leadership & Adaptability are not currently evaluated, which means potential users might seek further information on those dimensions.
Unfortunately, user reviews from GreatNonprofits are not available for this organization at this time, so general public sentiment cannot be captured. Overall, Seattle Colleges Foundation stands out for its financial accountability and governance but may need to provide more data on its broader impact and organizational culture.
This AI summary has been generated from information found on Charity Navigator.
Is Seattle Colleges Foundation legitimate?
Seattle Colleges Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seattle Colleges 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.foundation.seattlecolleges.edu/
What is the mission statement of Seattle Colleges Foundation?
The Seattle Colleges Foundation works to stimulate community engagement in supporting and amplifying the mission, operations, and influence of Seattle Colleges. Their goal is to positively impact lives, foster equity, and expand access to affordable, high-quality education for a diverse student body. Recognizing the educational disparities faced by first-generation students, students of color, and those with financial constraints, the foundation provides scholarships to alleviate financial barriers, encourage college enrollment, lower student debt, and enhance graduation rates and career prospects.
Official website here: www.foundation.seattlecolleges.edu/
Who is the CEO of Seattle Colleges Foundation?
Kerry Howell is the Chief Executive Officer of Seattle Colleges Foundation. The CEO's salary of Seattle Colleges Foundation is $203,341 and their total compensation is $224,858.
Official website here: www.foundation.seattlecolleges.edu/
What is the revenue of Seattle Colleges Foundation?
Seattle Colleges Foundation's revenue in 2022 was $8,381,764.
Official website here: www.foundation.seattlecolleges.edu/
Who are the executives of Seattle Colleges Foundation and what are their salaries?
There 250 volunteers at Seattle Colleges Foundation.
Here are 16 key members and their salaries (Seattle Colleges Foundation's CEO's salary is $203,341 and their total compensation is $224,858):
- Compensation: $203,341
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- Other: $21,517
- Compensation: $131,136
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- Other: $15,780
- Compensation: $133,588
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- Other: $12,725
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Official website here: www.foundation.seattlecolleges.edu/
Where can I find the form 990 for Seattle Colleges Foundation?
Seattle Colleges Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundation.seattlecolleges.edu/
Learn more at the official website: www.foundation.seattlecolleges.edu/
Mission Statement of Seattle Colleges Foundation
The Seattle Colleges Foundation works to stimulate community involvement in furthering the objectives, operations, and influence of Seattle Colleges. Their mission is rooted in engaging the community to instigate transformative changes, foster equity, and expand access to high-quality, affordable education. By harnessing the power of community support, they aim to empower individuals, particularly first-generation students, students of color, and those facing economic challenges, enabling them to overcome financial barriers and pursue higher education. The ultimate goal is to enhance certificate and degree completion, encourage career advancement, and cultivate a skilled workforce. The Foundation awarded 647 scholarships during the recent fiscal year, demonstrating their commitment to this mission.
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Impact
July, 2024
Seattle Colleges Foundation's impact is significant in catalyzing community support to advance the mission, work, and impact of Seattle colleges. Through student scholarships, the foundation helps remove financial barriers to college enrollment, reduce student debt, and increase access to higher education for first-generation students, students of color, and those facing economic challenges. In the fiscal year, the foundation granted 647 scholarships, leading to certificate/degree completion, career attainment, and the development of a highly qualified workforce in Seattle.
This information is meant to be a general summary of Seattle Colleges 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: $669,920
- Gross Receipts: $8,381,764
Assets and Liabilities:
- Total Assets: $39,190,214
- Total Liabilities: $1,692,189
- Net Assets: $37,498,025
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Organization Details
Founding Year
2018
Phone
(206) 934-3057Principal Officer
Kerry Howell
Main Address
1500 Harvard Avenue, Seattle, WA, 98122
NTEE Category
Code: B90 - Education
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