Overview
What is Foundation Of Yakima Valley College?
The Foundation of Yakima Valley College, a nonprofit organization situated in Yakima, Washington, primarily focuses on granting scholarships to its students. Established over four decades ago, it has distributed over $5.8 million in scholarships to approximately 5,600 students. The foundation also partners with the State of Washington to provide annual awards to faculty members working at Yakima Valley College. Its operations are predominantly funded by donations, with a minimum investment of $5,000 required to establish a perpetual scholarship. The foundation charges an administrative fee based on the prior year's performance, which covers office expenses. Additionally, the Foundation collaborates with the college to create an emergency fund, the Student Success Fund, providing financial assistance for unforeseen student expenses. The organization's mission is to support the educational programs and staff of Yakima Valley College, with a primary focus on student scholarships.
Official website here: www.yvcc.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Foundation of Yakima Valley College has received an impressive Four-Star rating from Charity Navigator, signifying its strong commitment to accountability and financial health. The organization achieved a high score of 96% in Accountability & Finance, indicating that it effectively manages its resources and adheres to best practices in governance and transparency.
Strengths of the foundation include a fully independent board of directors, with all members free from any potential conflicts of interest. The organization also excels in financial oversight, as evidenced by its perfect scores in areas such as audit committees and material diversion of assets. Furthermore, nearly all its expenses are dedicated to programs, reflecting its focus on fulfilling its mission.
While the data showcases exceptional performance in various accountability measures, it is important for potential donors and partners to consider the foundation's overall impact and effectiveness in achieving its educational goals. However, based on the available information, the Foundation of Yakima Valley College stands out as a highly reputable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Foundation Of Yakima Valley College?
78% of 32 reviewers on Facebook recommend the Foundation of Yakima Valley College. Here is a summary of their reviews:
Many individuals express pride in their experiences with Yakima Valley College, highlighting the benefit of attaining a degree while balancing work and personal responsibilities. One reviewer emphasized the efficiency and financial advantages of the program, noting how it allowed them to accomplish their educational goals without derailing their professional life.
Overall, respondents appreciate the opportunities provided by the Foundation of Yakima Valley College. The positive testimonials reflect a sentiment of support for the institution, with users feeling motivated and empowered to pursue their dreams through the resources available.
This AI summary has been generated from reviews found on Facebook.
Is Foundation Of Yakima Valley College legitimate?
Foundation Of Yakima Valley College is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of Yakima Valley College 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: $42,810
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.yvcc.edu/foundation
What is the mission statement of Foundation Of Yakima Valley College?
The Foundation of Yakima Valley College is dedicated to charitable and educational pursuits, primarily focusing on awarding scholarships to students and providing yearly awards for faculty and staff. Their main objective is to support and promote the educational programs at Yakima Valley College. Over the past 45 years, they have awarded over $5.8 million in scholarships to around 5,600 students. In addition to scholarships, they also manage an emergency fund, the Student Success Fund, which assists students with unexpected expenses that could potentially hinder their ability to attend classes. Funds for the foundation come from donors who contribute to establish scholarships, and the investment income generated by these donations. The foundation charges a minimal administrative fee to cover office costs, with the fee percentage based on the prior year's performance.
Official website here: www.yvcc.edu/foundation
Who is the CEO of Foundation Of Yakima Valley College?
Stacey Kautz is the Executive Dir. of Foundation Of Yakima Valley College.
Official website here: www.yvcc.edu/foundation
What is the revenue of Foundation Of Yakima Valley College?
Foundation Of Yakima Valley College's revenue in 2023 was $831,789.
Official website here: www.yvcc.edu/foundation
Who are the executives of Foundation Of Yakima Valley College and what are their salaries?
The average compensation at Foundation Of Yakima Valley College during 2023 was $42,810. There is 1 employee and 14 volunteers at Foundation Of Yakima Valley College.
Here are 19 key members and their salaries:
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Official website here: www.yvcc.edu/foundation
Where can I find the form 990 for Foundation Of Yakima Valley College?
Foundation Of Yakima Valley College's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.yvcc.edu/foundation
Learn more at the official website: www.yvcc.edu/foundation
Mission Statement of Foundation Of Yakima Valley College
The Foundation of Yakima Valley College is dedicated to serving charitable and educational purposes, primarily focusing on awarding scholarships to students and recognizing faculty and staff with annual awards. This nonprofit organization is committed to promoting and supporting the educational programs of Yakima Valley College. Over the past 45 years, the Foundation has awarded over $5.8 million in scholarships to approximately 5,600 students, demonstrating its significant impact on individuals seeking higher education. In addition to its scholarship program, the Foundation has also contributed to the SBCTC Exceptional Faculty Program by raising matching funds, enabling annual awards for faculty members at Yakima Valley College. The organization's expenditures are primarily focused on scholarships and awards, with 98% of its total expenses allocated towards this cause. The Foundation's revenue is generated through donations from individuals who wish to establish scholarships with the organization. The Foundation also manages an emergency fund, known as the Student Success Fund, to assist students with unexpected costs that could potentially hinder their ability to attend classes.
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Impact
July, 2024
The Foundation Of Yakima Valley College has had a significant impact on the educational landscape in Yakima, WA. By primarily focusing on awarding scholarships to students, the Foundation has provided over $5.8 million in scholarships to approximately 5,600 students over the course of 45 years. This financial assistance has enabled numerous students to access higher education opportunities that they may not have been able to afford otherwise.
Additionally, the Foundation's collaboration with the college to establish the Student Success Fund demonstrates its commitment to supporting students in overcoming financial barriers that could otherwise hinder their academic pursuits. By providing assistance for expenses such as rent, utilities, car repairs, and groceries, the Foundation has helped ensure that students can stay enrolled in their classes and progress towards their educational goals.
Furthermore, through partnerships and fundraising efforts, the Foundation has been able to raise matching funds for programs benefiting faculty and staff at Yakima Valley College, further contributing to the institution's academic excellence and overall success. This holistic approach to supporting both students and faculty underscores the Foundation's dedication to promoting and enhancing the educational programs at Yakima Valley College.
This information is meant to be a general summary of Foundation Of Yakima Valley College. 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: $383,531
- Gross Receipts: $831,789
Assets and Liabilities:
- Total Assets: $12,680,444
- Total Liabilities: $780,270
- Net Assets: $11,900,174
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Organization Details
Founding Year
1977
Phone
(509) 574-4645Principal Officer
Stacey Kautz
Main Address
1015 S 16th Avenue, YAKIMA, WA, 98902
Website
www.yvcc.edu/foundationNTEE Category
Code: B41I - Education
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