Overview
What is Bellevue College Foundation?
Bellevue College Foundation is a nonprofit organization situated in Bellevue, Washington. Their primary mission is to support Bellevue College, its faculty, and students by generating funds for the institution. This is achieved through various means, such as managing donor-restricted funds for various departments and programs, offering scholarships to students, and recognizing faculty excellence. The foundation has played a significant role in enabling innovations, enhancements, and overall excellence at the college, beyond what is possible through tuition and state support. Additionally, the foundation has collaborated with the college, sharing staff and facilities, to help fund Bellevue College. With the assistance of 4,546 members and underwriters, the foundation has also ensured the continuation of regional public radio station KBCS 91.3. Furthermore, the foundation has facilitated the enrollment of up to 1,100 international students at Bellevue College through a shared funding agreement with the college.
Official website here: www.bellevuecollege.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
The Bellevue College Foundation has received a Three-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The foundation scores particularly well in areas such as governance, with a fully independent board and no material diversion of assets noted. Additionally, its financial oversight practices, including a documented audit and conflict of interest policies, contribute positively to its overall accountability.
However, while the foundation excels in many financial metrics, its program expense ratio is relatively low at 56.96%. This may raise questions about the proportion of funds being directed toward its core mission and programs compared to administrative or fundraising costs. Despite this, the foundation demonstrates excellent fundraising efficiency and a strong working capital ratio.
Overall, the Bellevue College Foundation shows a commitment to transparency and responsible financial management, but it may benefit from increasing its program expenditures to further enhance its impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Bellevue College Foundation legitimate?
Bellevue College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bellevue 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: $176,160
Professional Fundraising Fees: $0
Other Salaries and Wages: $373,069
For more financial information, click here
Official website here: www.bellevuecollege.edu/foundation
What is the mission statement of Bellevue College Foundation?
The Bellevue College Foundation's mission is to unite community resources to invest in Bellevue College students, faculty, and staff, enabling them to achieve their goals and dreams. The foundation supports various departments and programs of the college by administering donor-restricted funds, providing scholarships for students, and recognizing faculty excellence. Through grants, the foundation enables innovations, enhancements, and excellence in Bellevue College's programs, activities, and curriculum, making them accessible beyond tuition and state support. Furthermore, the foundation collaborates with the college to keep a regional public radio station on air and supports the enrollment of international students at Bellevue College.
Official website here: www.bellevuecollege.edu/foundation
Who is the CEO of Bellevue College Foundation?
Roger Mauldin is the Board Member of Bellevue College Foundation.
Official website here: www.bellevuecollege.edu/foundation
What is the revenue of Bellevue College Foundation?
Bellevue College Foundation's revenue in 2022 was $2,540,968.
Official website here: www.bellevuecollege.edu/foundation
Who are the executives of Bellevue College Foundation and what are their salaries?
There 23 volunteers at Bellevue College Foundation.
Here are 25 key members and their salaries:
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Official website here: www.bellevuecollege.edu/foundation
Where can I find the form 990 for Bellevue College Foundation?
Bellevue College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bellevuecollege.edu/foundation
Learn more at the official website: www.bellevuecollege.edu/foundation
Mission Statement of Bellevue College Foundation
Bellevue College Foundation, a nonprofit organization, is committed to bringing together individuals and resources within the community to invest in the students, faculty, and staff of Bellevue College. Its mission is to support the college and its members in realizing their goals and dreams. The foundation accomplishes this by generating funds for the institution, sharing staff and facilities with Bellevue College. It also administers donor-restricted funds for various departments, programs, scholarships, and faculty excellence at the college.
In essence, Bellevue College Foundation serves as a bridge between the community and the college, acting as a catalyst for innovation, enhancements, and excellence beyond the reach of tuition and state support. The foundation provides grants to the college and its programs, enabling initiatives that would otherwise be impossible. Among these grants, the foundation offers competitive awards to faculty members who develop proposals for new programs, curriculum enhancements, and instructional resources.
Moreover, Bellevue College Foundation plays a crucial role in the college's operations. It helps provide educational opportunities to a significant number of international students through shared funding agreements between the foundation and the college. Additionally, it helps keep regional public radio station KBCS 91.3 on the air by securing funding from its members and underwriters. In sum, Bellevue College Foundation is an essential partner in the success of Bellevue College and its community.
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Impact
July, 2024
Bellevue College Foundation's impact is significant in supporting Bellevue College, its faculty, and its students. By generating funds for the school and administering donor-restricted funds, the foundation enables various departments and programs at Bellevue College to thrive. Through grants and scholarships, the foundation enhances the educational experience for students and supports faculty excellence. Additionally, the foundation's collaboration with Bellevue College facilitates innovations and improvements that would not be possible through tuition and state support. Overall, Bellevue College Foundation plays a crucial role in fostering success and growth within the educational community.
This information is meant to be a general summary of Bellevue 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: $769,955
- Program Service Revenue: $79,135
- Gross Receipts: $3,129,831
Assets and Liabilities:
- Total Assets: $18,715,447
- Total Liabilities: $213,776
- Net Assets: $18,501,671
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTERNT'L STUDENT SERV
Revenue
$50,220
ADMISSIONS INCOME
Revenue
$22,372
KBCS BRANDED ITEMS
Revenue
$5,743
OTHER MISC
Revenue
$800
Organization Details
Founding Year
1978
Phone
(425) 564-5074Principal Officer
Roger Mauldin
Main Address
3000 LANDERHOLM CIRCLE SE A101, BELLEVUE, WA, 980076484
NTEE Category
Code: B110 - Education
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