Overview
What is Skagit Valley College Foundation?
Skagit Valley College Foundation is a nonprofit organization situated in Mount Vernon, Washington, with the postal address 2405 East College Way, 98273. Their primary mission is to collect contributions and allocate funds to bolster the educational experience at Skagit Valley College. During the 2022/2023 academic year, they granted $803,582 in scholarships to students and $350,071 in program assistance grants. Skagit Valley College offers a wide range of academic transfer and professional technical 2-year degrees and certificates in over 25 fields of study, many of which are transferable to Washington State's 4-year colleges and universities. The foundation also provides resources for students to become college-ready, offering Adult Basic Education courses and various prep classes in subjects like math, English, English Language Acquisition, and GED preparation. In addition to scholarships and grants, the foundation supports Skagit Valley College's institutional growth and initiatives.
Official website here: www.skagitfoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
The Skagit Valley College Foundation has achieved an impressive Four-Star rating, reflecting strong performance in accountability and finance. With a high program expense ratio of 84.68%, the organization effectively allocates the majority of its resources towards its mission. Additionally, its low liabilities to assets ratio of 2.19% indicates solid financial health, while its long working capital ratio of 10.65 years suggests sustainability in operations.
The foundation's governance is notably robust, with 100% of board members being independent. This independence is further supported by strong policies, including a whistleblower policy and conflict of interest policy, which enhance organizational integrity. The foundation excels in feedback collection and usage, scoring 100 out of 100 points in these areas, ensuring that stakeholder input is valued and acted upon.
While the overall scores reflect a healthy organization, limitations in the equity policies could be noted, as it scored slightly lower in that area compared to its other high ratings. Nonetheless, the Skagit Valley College Foundation demonstrates a commitment to transparency and effective use of resources, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Skagit Valley College Foundation legitimate?
Skagit Valley College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skagit Valley 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: $135,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.skagitfoundation.org
What is the mission statement of Skagit Valley College Foundation?
The mission of the Skagit Valley College Foundation is centered around securing donations to enhance the educational experience at Skagit Valley College. This is achieved through the provision of scholarships, grants, and institutional support. During the 2022/2023 academic year, the foundation awarded $803,582 in scholarships to students and $350,071 in program assistance grants. Skagit Valley College offers a variety of academic transfer and professional technical 2-year degrees and certificates in over 25 fields of study. Some of these degrees can be transferred to most Washington State 4-year colleges and universities. The foundation also supports Skagit Valley College in offering 4-year bachelor's degrees in Environmental Conservation and Applied Management. For students seeking to become college-ready, the college provides Adult Basic Education courses and prep classes in subjects like math, English, English Language Acquisition, GED, and more.
Official website here: www.skagitfoundation.org
Who is the CEO of Skagit Valley College Foundation?
Anne Clark is the President of Skagit Valley College Foundation.
Official website here: www.skagitfoundation.org
What is the revenue of Skagit Valley College Foundation?
Skagit Valley College Foundation's revenue in 2023 was $5,969,491.
Official website here: www.skagitfoundation.org
Who are the executives of Skagit Valley College Foundation and what are their salaries?
There 129 volunteers at Skagit Valley College Foundation.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $98,437
- Other: $25,362
Official website here: www.skagitfoundation.org
Where can I find the form 990 for Skagit Valley College Foundation?
Skagit Valley College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.skagitfoundation.org
Learn more at the official website: www.skagitfoundation.org
Mission Statement of Skagit Valley College Foundation
The Skagit Valley College Foundation's mission is centered around securing donations to bolster the educational experience at Skagit Valley College. This is accomplished through various means, including awarding scholarships, granting funds to college programs, and providing institutional support. This mission aims to enhance the educational opportunities available at the college, thereby empowering its students.
During the 2022/2023 academic year, the Skagit Valley College Foundation awarded a substantial amount of $803,582 in academic scholarships to deserving students. These scholarships not only help reduce the financial burden of education but also provide recognition to students who demonstrate excellence in their academic pursuits. Moreover, the foundation awarded $350,071 in program assistance grants to Skagit Valley College programs for the same academic year. These grants help support the college's initiatives and enhance the quality of education offered in various fields.
Skagit Valley College itself offers a wide range of academic transfer and professional technical 2-year degrees and certificates in over 25 fields of study. Many of these degrees are transferable to most Washington State 4-year colleges and universities. Furthermore, the college offers 4-year bachelor's degrees in Environmental Conservation and Applied Management, providing students with diverse educational paths. In addition to these degree programs, Skagit Valley College offers Adult Basic Education courses and prep classes in subjects like math, English, English Language Acquisition, GED, and more. These courses aim to prepare students for higher education and help them become college-ready. The Skagit Valley College Foundation plays a crucial role in supporting these educational initiatives through its mission of securing donations.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Skagit Valley College Foundation's impact is significant in enhancing education at Skagit Valley College through scholarships, grants, and institutional support. For the 2022/2023 school year, the foundation awarded $803,582 in academic scholarships to SVC students and $350,071 in program assistance grants to SVC programs. This support helps students pursue their academic goals and succeed in their chosen fields of study. SVC offers a wide range of academic transfer and professional technical 2-year degrees and certificates, including bachelor's degrees in Environmental Conservation and Applied Management. Additionally, the foundation's efforts help prepare students to become college-ready through Adult Basic Education courses and prep classes in various subjects. The foundation's impact is crucial in supporting students, programs, and initiatives at Skagit Valley College.
This information is meant to be a general summary of Skagit Valley 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 2023.
- Investment Income: $578,828
- Program Service Revenue: $770,421
- Gross Receipts: $17,686,878
Assets and Liabilities:
- Total Assets: $25,435,050
- Total Liabilities: $558,798
- Net Assets: $24,876,252
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Student housing
Revenue
$770,421
Organization Details
Founding Year
1978
Phone
(360) 416-7821Principal Officer
Anne Clark
Main Address
2405 East College Way, Mount Vernon, WA, 98273
Website
www.skagitfoundation.orgNTEE Category
Code: B110 - Education
If you are a representative of Skagit Valley College Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.