Overview
What is Central Oregon Community College Foundat?
Central Oregon Community College Foundation is a nonprofit organization based in Bend, Oregon. Their primary mission is to support students, programs, and capital improvements at Central Oregon Community College. They achieve this by providing funds and fostering relationships. The foundation offers scholarships to students based on financial need and demonstrated purpose, with the recipients consistently taking more classes, maintaining higher GPAs, and having a higher completion rate than the general cohort. The funding for these scholarships comes from scholarship endowments, named scholarships given by individuals and businesses, and annual fundraising events. In summary, Central Oregon Community College Foundation plays a vital role in enhancing the educational experiences and opportunities for students at Central Oregon Community College.
What are the reviews and ratings of this charity?
Charity Navigator rating: 94%, Four-Star out of Four Star rating.
The Central Oregon Community College Foundation has earned a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and transparency in its financial practices. The organization scored exceptionally well in categories such as board independence, financial oversight, and adherence to conflict of interest policies. With a program expense ratio of 77.14%, the foundation effectively allocates a significant portion of its resources towards fulfilling its mission.
The foundation boasts a fully independent board, which enhances its governance and decision-making processes. Additionally, it has implemented robust policies for whistleblower protection and document retention, further emphasizing its commitment to ethical standards and responsible management. The low liabilities to assets ratio of 0.11% reflects a strong financial position.
While the foundation's performance metrics are impressive, it is always beneficial for donors and stakeholders to continuously monitor its operations and impact. Overall, the Central Oregon Community College Foundation demonstrates a solid commitment to supporting educational initiatives, with a transparent financial structure that instills confidence among its supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Central Oregon Community College Foundat legitimate?
Central Oregon Community College Foundat is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Oregon Community College Foundat 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: $82,183
Professional Fundraising Fees: $0
Other Salaries and Wages: $522,778
For more financial information, click here
What is the mission statement of Central Oregon Community College Foundat?
The Central Oregon Community College Foundation's mission is to support students, programs, and capital improvements at Central Oregon Community College. They achieve this by providing funds and fostering relationships. The foundation awards scholarships to students based on financial need and demonstrated sense of direction and purpose. Recipients of these scholarships tend to take more classes, maintain higher GPAs, and have a higher completion rate than the general student body. Funds for scholarships come from scholarship endowments, named scholarships given by individuals and businesses, and annual fundraising events.
Who is the CEO of Central Oregon Community College Foundat?
Zachary Boone is the Trustee of Central Oregon Community College Foundat.
What is the revenue of Central Oregon Community College Foundat?
Central Oregon Community College Foundat's revenue in 2022 was $2,143,822.
Who are the executives of Central Oregon Community College Foundat and what are their salaries?
The average compensation at Central Oregon Community College Foundat during 2022 was $604,961. There is 1 employee and 360 volunteers at Central Oregon Community College Foundat.
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Where can I find the form 990 for Central Oregon Community College Foundat?
Central Oregon Community College Foundat's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Central Oregon Community College Foundat
The Central Oregon Community College Foundation plays a crucial role in supporting students, programs, and capital improvements at Central Oregon Community College. Their mission, in essence, is to provide funds and foster relationships to enhance the educational experience and opportunities for students at the college. The foundation achieves this by offering scholarships based on financial need and a demonstrated sense of direction and purpose. These scholarships help students take more classes, maintain higher GPAs, and have a higher completion rate than the general student body. The funding for these scholarships comes from scholarship endowments, named scholarships donated by individuals and businesses, and annual fundraising efforts. In this way, the Central Oregon Community College Foundation serves as a vital partner in the academic journey of its students.
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Impact
July, 2024
Central Oregon Community College Foundation's impact is significant in supporting students at Central Oregon Community College. The foundation provided approximately 390 scholarships to COCC students during the fiscal year ended June 30, 2022. These scholarships were awarded based on financial need and the students' demonstrated sense of direction and purpose.
Students who receive COCC Foundation scholarships take more classes, maintain higher GPAs, and have a higher completion rate compared to the general cohort. This shows that the foundation's support not only financially assists students but also contributes to their academic success and persistence.
Funds for scholarships are generated through scholarship endowments, named scholarships from individuals and businesses, and annual fundraising efforts. By providing this financial support, the Central Oregon Community College Foundation plays a crucial role in ensuring that students have access to higher education and the resources needed to succeed.
This information is meant to be a general summary of Central Oregon Community College Foundat. 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: $303,069
- Program Service Revenue: $82,813
- Gross Receipts: $2,143,822
Assets and Liabilities:
- Total Assets: $26,812,893
- Total Liabilities: $36,233
- Net Assets: $26,776,660
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$54,433
OTHER INCOME
Revenue
$28,380
Organization Details
Founding Year
1955
Phone
(541) 383-7225Principal Officer
Zachary Boone
Main Address
2600 NW COLLEGE WAY, BEND, OR, 97703
NTEE Category
Code: B11 - Education
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