Overview
What is Peninsula College Foundation?
The Peninsula College Foundation is a nonprofit organization situated in Port Angeles, Washington. It manages a diverse range of endowments and funds, including over 140 individual scholarship and program funds. This organization plays a significant role in supporting financially aid-eligible students at Peninsula College, offering essential aid during unexpected financial emergencies. Emergency support has become a prominent feature of the foundation, ensuring that students' education is not disrupted by unforeseen financial challenges. Additionally, the Peninsula College Foundation has increased its fundraising efforts this year to establish new programs that cater to local workforce needs, such as auto tech, media tech, and natural resources. Overall, its mission is to provide funds for students and programs, fostering access, excellence, and success within the Peninsula College community.
Official website here: www.pencol.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
The Peninsula College Foundation has achieved an impressive 100% score, demonstrating exceptional standards in accountability, finance, impact, and leadership. The foundation has a robust financial oversight system, with all board members being independent and a perfect score in its financial statements' audit and oversight. Additionally, it maintains a low liabilities to assets ratio of 7.00%, showcasing financial stability.
In terms of program effectiveness, the foundation excels with an 85.79% program expense ratio, indicating that a significant portion of its resources directly supports its programs. The impact and measurement scores are also perfect, reflecting the foundation's commitment to evaluating and enhancing its programs effectively. Furthermore, the organization has a clear strategy and strong leadership, as evidenced by its high scores in adaptability and overall governance.
While the ratings reveal numerous strengths, the summary does not highlight any specific limitations or areas for improvement. Overall, the Peninsula College Foundation stands out as a highly effective organization committed to transparency, accountability, and impactful community service.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Peninsula College Foundation?
72% of reviewers on Facebook recommend the Peninsula College Foundation. Here’s a snapshot of the sentiments expressed in their reviews:
While some feedback emphasizes the importance of support for part-time and hourly workers involved in service delivery, there are calls for the foundation to settle a fair contract. This singular perspective suggests that not all constituents feel completely satisfied with current labor conditions, indicating a potential area for improvement.
Overall, the sentiment reflects a mix of support for the foundation alongside concerns regarding worker agreements. By addressing these contract issues, the foundation could strengthen its relationship with both employees and users, ultimately enhancing its service delivery.
This AI summary has been generated from reviews found on Facebook.
Is Peninsula College Foundation legitimate?
Peninsula College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peninsula 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: $37,645
For more financial information, click here
Official website here: www.pencol.edu/foundation
What is the mission statement of Peninsula College Foundation?
The Peninsula College Foundation's mission is centered around enhancing access, excellence, and success within the college community. They accomplish this by providing financial aid to students and supporting various programs. The organization manages several endowments and individual program and scholarship funds, with most scholarships applicable to financial aid-eligible expenses. In response to unforeseen financial emergencies, the foundation has become known for offering emergency support to students, preventing potential disruptions to their education. Additionally, the foundation has increased its fundraising efforts this year to support new programs that address local workforce needs, such as auto tech, media tech, and natural resources.
Official website here: www.pencol.edu/foundation
Who is the CEO of Peninsula College Foundation?
Paul Cunningham is the President of Peninsula College Foundation.
Official website here: www.pencol.edu/foundation
What is the revenue of Peninsula College Foundation?
Peninsula College Foundation's revenue in 2023 was $1,575,817.
Official website here: www.pencol.edu/foundation
Who are the executives of Peninsula College Foundation and what are their salaries?
Here are 11 key members and their salaries:
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- Related: $110,000
- Other: $32,259
Official website here: www.pencol.edu/foundation
Where can I find the form 990 for Peninsula College Foundation?
Peninsula College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.pencol.edu/foundation
Learn more at the official website: www.pencol.edu/foundation
Mission Statement of Peninsula College Foundation
The Peninsula College Foundation, a renowned nonprofit organization, is dedicated to promoting access, excellence, and success within the Peninsula College community. They accomplish this by providing financial assistance to students and supporting various programs. The foundation's primary mission is to create an environment where every student can thrive, regardless of their financial circumstances. It manages numerous endowments and funds, offering scholarships that can be utilized for a wide range of financial aid-eligible expenses.
In times of unforeseen financial emergencies, the Peninsula College Foundation serves as a beacon of hope for its students. It has made emergency support a significant part of its operations, offering essential aid to students who are at risk of having their education disrupted due to unexpected financial difficulties. The foundation's commitment to supporting its students extends beyond scholarships and emergency relief. It also contributes to existing programs and plays a role in funding new initiatives aimed at meeting local workforce needs. In recent years, the foundation has seen an increase in its fundraising efforts for programs in fields such as Auto Tech, Media Tech, and Natural Resources, further cementing its role in the community's educational landscape.
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Impact
July, 2024
Peninsula College Foundation's impact can be seen in its commitment to creating access, excellence, and success for the Peninsula College community. By providing funds for students and programs, the foundation plays a significant role in supporting the educational pursuits of individuals in the Port Angeles area of Washington. Managing 23 endowments and nearly 150 individual program and scholarship funds, the foundation ensures that financial aid-eligible expenses do not hinder students from achieving their academic goals.
One of the standout features of the Peninsula College Foundation is its emergency support program, which has become a hallmark of the organization. This initiative provides essential aid to students facing unexpected financial crises that could otherwise disrupt their education. By offering this crucial assistance, the foundation helps students overcome obstacles and stay on track towards their academic success.
Moreover, the foundation has expanded its efforts beyond supporting existing programs to raising funds for new initiatives that address local workforce needs. This proactive approach includes programs in auto tech, media tech, and natural resources, demonstrating the foundation's commitment to equipping students with the skills and knowledge necessary to excel in these in-demand fields.
In summary, Peninsula College Foundation's impact is tangible in the form of increased access to education, support for student success, and alignment with local workforce requirements. Through its philanthropic endeavors, the foundation contributes significantly to the growth and development of the Peninsula College community.
This information is meant to be a general summary of Peninsula 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: $251,934
- Gross Receipts: $2,649,227
Assets and Liabilities:
- Total Assets: $7,684,573
- Total Liabilities: $538,085
- Net Assets: $7,146,488
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Organization Details
Founding Year
1996
Phone
(360) 417-6400Principal Officer
Paul Cunningham
Main Address
1502 EAST LAURIDSEN BOULEVARD, PORT ANGELES, WA, 98362
Website
www.pencol.edu/foundationNTEE Category
Code: T99 - Philanthropy
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