Overview
What is Lower Columbia College Foundation?
Lower Columbia College Foundation is a charitable organization based in Longview, Washington, with an address at 1600 Maple Street. Its primary mission is to supplement insufficient public funding for education at Lower Columbia College by raising funds and providing financial support. The foundation operates a scholarship program to help students cover expenses related to tuition, fees, textbooks, supplies, and other educational costs. By doing so, it aims to enhance educational opportunities for students, ensuring they can pursue their higher education without financial constraints.
Official website here: www.lowercolumbia.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)
The Lower Columbia College Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The foundation's exemplary score is a testament to its efficient management practices, with a perfect score in all relevant financial metrics. Notably, it has maintained a program expense ratio of 80.52%, indicating that a significant portion of its funds directly supports its mission.
The foundation benefits from a fully independent board, consisting of 19 members, which enhances its governance and decision-making processes. Additionally, it has implemented robust policies, including a conflict of interest policy and a whistleblower policy, further reinforcing its commitment to transparency and ethical operations. The absence of material asset diversion and the sound financial practices contribute positively to its overall standing.
While the foundation showcases commendable financial stability, reflected in a liabilities to assets ratio of only 0.24%, there are no significant limitations noted in the data. The operational efficiency, evidenced by an exceptional fundraising efficiency ratio of $0.04, emphasizes the foundation's ability to maximize its resources for the benefit of its programs and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Lower Columbia College Foundation legitimate?
Lower Columbia College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lower Columbia 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: $64,756
Professional Fundraising Fees: $0
Other Salaries and Wages: $177,541
For more financial information, click here
Official website here: www.lowercolumbia.edu/foundation
What is the mission statement of Lower Columbia College Foundation?
The Lower Columbia College Foundation's mission is centered around providing financial assistance where public funds fall short, and advocating for the enhancement of educational opportunities at Lower Columbia College. The organization operates a scholarship program to help students meet the expenses associated with higher education, such as tuition, fees, textbooks, and related costs. The scholarship criteria are determined by the scholarship donors, adhering to the policies of the foundation and the college. The foundation aims to gather public support for the betterment of educational prospects, supplementing the resources available to students.
Official website here: www.lowercolumbia.edu/foundation
Who is the CEO of Lower Columbia College Foundation?
Kendra Sprague is the Director of Lower Columbia College Foundation.
Official website here: www.lowercolumbia.edu/foundation
What is the revenue of Lower Columbia College Foundation?
Lower Columbia College Foundation's revenue in 2022 was $3,040,190.
Official website here: www.lowercolumbia.edu/foundation
Who are the executives of Lower Columbia College Foundation and what are their salaries?
There 20 volunteers at Lower Columbia College Foundation.
Here are 22 key members and their salaries:
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Official website here: www.lowercolumbia.edu/foundation
Where can I find the form 990 for Lower Columbia College Foundation?
Lower Columbia College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lowercolumbia.edu/foundation
Learn more at the official website: www.lowercolumbia.edu/foundation
Mission Statement of Lower Columbia College Foundation
Lower Columbia College Foundation is dedicated to bridging financial gaps where public funds fall short, and to rallying public support for expanding educational opportunities at Lower Columbia College. The organization's mission is twofold: firstly, it aims to provide financial assistance to students, covering expenses such as tuition, fees, textbooks, supplies, and other related educational costs. Secondly, it strives to garner public backing for enhancing educational prospects at the college. The scholarship criteria for these financial aids are determined by the scholarship donors, adhering to the policies of the foundation and Lower Columbia College.
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Impact
July, 2024
Lower Columbia College Foundation's impact is significant as it provides financial support where public funds are not sufficient for students at Lower Columbia College. Through its scholarship program, the foundation assists students with the costs associated with higher education, including tuition, fees, textbooks, supplies, and related educational expenses. By offering these scholarships, the foundation helps students access education and achieve their academic goals, ultimately enhancing educational opportunities at Lower Columbia College.
This information is meant to be a general summary of Lower Columbia 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: $721,869
- Gross Receipts: $4,302,639
Assets and Liabilities:
- Total Assets: $22,467,892
- Total Liabilities: $67,747
- Net Assets: $22,400,145
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Organization Details
Founding Year
1976
Phone
(360) 442-2130Principal Officer
Kendra Sprague
Main Address
1600 MAPLE ST, LONGVIEW, WA, 98632
NTEE Category
Code: B124 - Education
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