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Geneva College Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 844612991 ✦ Beaver falls, PA ✦ Designated as a 501(c)(3)

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Overview

What is Geneva College Foundation?

The Geneva College Foundation is a charitable organization dedicated to supporting Geneva College, a higher education institution located in Beaver Falls, Pennsylvania. The foundation's primary objective is to benefit and foster the college's growth. It achieves this by providing scholarships to Geneva College students and funding the college's general operations. The foundation's activities encompass various initiatives such as fundraising on behalf of the college, cultivating donors, maintaining alumni relations, and effectively managing and administering endowment funds. Additionally, the foundation accounts for contributions made to the college, contributes to its capital, and offers financial assistance. Overall, the Geneva College Foundation serves as a vital supporter and benefactor of Geneva College.


Official website here: www.geneva.edu

Is Geneva College Foundation legitimate?

Geneva College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Geneva 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.geneva.edu

What is the mission statement of Geneva College Foundation?

The Geneva College Foundation is organized and operated to support and benefit Geneva College. Its mission includes fundraising on behalf of the college, cultivating donors, maintaining and advancing alumni relations, and effectively managing and administering endowment and other funds. The foundation also accounts for contributions made to the college, provides funding, and contributes to capital, making loans and grants, and providing other financial assistance. Overall, the foundation's primary purpose is to support Geneva College in various ways.


Official website here: www.geneva.edu

Who is the CEO of Geneva College Foundation?

Marvin Dewey is the Chair of Geneva College Foundation.


Official website here: www.geneva.edu

What is the revenue of Geneva College Foundation?

Geneva College Foundation's revenue in 2022 was $6,506,805.


Official website here: www.geneva.edu

Who are the executives of Geneva College Foundation and what are their salaries?

There 69 volunteers at Geneva College Foundation.


Here are 11 key members and their salaries:


John Cournan (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Howell (Vice Chair/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Kriner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Bentley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Meyer (Board Member (Entered 11/01/21))
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Papa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chester Replogle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight Wagner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Baird (Cfo)
  • Compensation: $0
  • Related: $131,065
  • Other: $35,253
Marvin Dewey (President)
  • Compensation: $0
  • Related: $138,684
  • Other: $18,266
Ashley Faust (Assistant To Secretary)
  • Compensation: $0
  • Related: $33,715
  • Other: $6,243


Official website here: www.geneva.edu

Where can I find the form 990 for Geneva College Foundation?

Geneva College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.geneva.edu

Learn more at the official website: www.geneva.edu

Mission Statement of Geneva College Foundation

Geneva College Foundation is an organization dedicated to supporting and benefiting Geneva College. Its mission is multifaceted, encompassing various activities that contribute to the college's growth and success. The foundation is responsible for fundraising on behalf of the college, cultivating donors, maintaining and advancing alumni relations, and effectively managing and administering endowment and other funds for the college's benefit. It also accounts for contributions, both with and without restrictions, and provides funding for the college's benefit. Additionally, the foundation contributes to capital projects, makes loans and grants, and offers other financial assistance to the college. In essence, Geneva College Foundation serves as a vital partner in achieving the college's goals and ensuring its continued success.

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Impact




October, 2024

The Geneva College Foundation plays a vital role in supporting and enhancing the educational experience at Geneva College. Through various initiatives, it provides scholarships that alleviate the financial burdens on students, enabling them to pursue their academic goals. The scholarships are awarded to recipients who navigate the college's financial aid process, ensuring that assistance is allocated effectively.

In addition to scholarships, the Foundation is instrumental in funding the general operations of Geneva College, which helps maintain the quality of education and resources available to students. By engaging in fundraising efforts, cultivating donor relationships, and advancing alumni relations, the Foundation actively builds a supportive community around the college.

The Foundation's stewardship extends to the effective management of endowment funds, ensuring sustainability and long-term financial health for the institution. By accounting for contributions—whether restricted or unrestricted—the Foundation ensures that all financial support is properly utilized for the college's benefit. Furthermore, the Foundation contributes financially through loans and grants, enhancing the college's ability to meet its strategic goals and serve its students.

Ultimately, the Geneva College Foundation's impact is felt through its steadfast commitment to augmenting the academic landscape at Geneva College, fostering a conducive environment for learning, growth, and community development.




This information is meant to be a general summary of Geneva 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.

Revenue
$6,506,805 (2022)
Expenses
$1,721,079 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $77,296
  • Program Service Revenue: $19,951
  • Gross Receipts: $6,506,805

Assets and Liabilities:

  • Total Assets: $4,822,149
  • Total Liabilities: $205,735
  • Net Assets: $4,616,414

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AUXILIARY REVENUE

Revenue

$19,951

Organization Details

Founding Year

2020

Principal Officer

Marvin Dewey

Main Address

3200 COLLEGE AVENUE, BEAVER FALLS, PA, 15010

NTEE Category

Code: B12 - Education

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