Overview
What is Great Basin College Foundation?
Great Basin College Foundation is a nonprofit organization located in Elko, Nevada, specifically at PO Box 2056. Its primary mission is to support the students and programs of Great Basin College by managing and stewarding resources from their community. This includes disbursing funds for scholarships, totaling 750,768, from both temporary and endowed funds that are restricted for this purpose. Additionally, the foundation provides miscellaneous support to the college for various programs and projects, amounting to 1,482,845. Overall, the Great Basin College Foundation aims to enhance the educational opportunities for students within its community.
Official website here: www.gbcnv.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating. The Great Basin College Foundation has demonstrated a strong commitment to accountability and finance, scoring 93% in that category. This is reflected in their independent board structure, with 100% of members being independent, and excellent oversight mechanisms in place, such as a fully functional Audit and Oversight Committee. Their financial health is robust, with a liabilities to assets ratio of just 0.41%, indicating a stable financial position.
The foundation excels in program expense ratio, allocating nearly 94% of its resources directly to programs, which highlights its focus on impactful initiatives. Additionally, they have comprehensive policies in place, including conflict of interest and whistleblower protections, ensuring transparency and ethical governance. Their financial statements are accessible and well-documented, contributing to their high accountability score.
In terms of culture and community engagement, the foundation achieved a perfect score of 100%. They effectively collect and utilize feedback from stakeholders, which is vital for ongoing improvement. However, while the ratings are strong, there are no specific challenges or limitations noted in the available data, suggesting a well-managed organization with a focus on transparency and community involvement.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Great Basin College Foundation?
86% of 38 reviewers on Facebook recommend the Great Basin College Foundation. Here is a summary of their reviews:
Many individuals express a deep appreciation for the institution, highlighting the quality of the instructors as a major strength. The campus is frequently described as beautiful, contributing positively to the overall learning environment. Additionally, the staff is noted for being helpful and caring, which enhances the experience for students and community members alike.
Overall, sentiments lean towards a strong endorsement of the college, with users feeling satisfied with the educational opportunities and support provided by the foundation. The combination of dedicated faculty and a welcoming atmosphere seems to create a positive impact on those involved with Great Basin College.
This AI summary has been generated from reviews found on Facebook.
Is Great Basin College Foundation legitimate?
Great Basin College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Basin 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: $0
For more financial information, click here
Official website here: www.gbcnv.edu
What is the mission statement of Great Basin College Foundation?
The Great Basin College Foundation's mission is centered around cultivating, managing, and stewarding resources from the community for the benefit of the students and programs at Great Basin College. This mission is executed by disbursing funds for scholarships for students attending the college and providing miscellaneous support for various college-related programs and projects, totaling over 2.2 million dollars in funds disbursed. The foundation serves as a crucial resource for the college, contributing to the educational journey of its students.
Official website here: www.gbcnv.edu
Who is the CEO of Great Basin College Foundation?
Dr Robert Colon is the Chairman of Great Basin College Foundation.
Official website here: www.gbcnv.edu
What is the revenue of Great Basin College Foundation?
Great Basin College Foundation's revenue in 2023 was $1,345,241.
Official website here: www.gbcnv.edu
Who are the executives of Great Basin College Foundation and what are their salaries?
There 15 volunteers at Great Basin College Foundation.
Here are 16 key members and their salaries:
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- Related: $80,167
- Other: $24,046
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Official website here: www.gbcnv.edu
Where can I find the form 990 for Great Basin College Foundation?
Great Basin College Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.gbcnv.edu
Learn more at the official website: www.gbcnv.edu
Mission Statement of Great Basin College Foundation
The Great Basin College Foundation plays a pivotal role in nurturing, preserving, and managing resources from various communities. Its primary objective is to foster the growth and success of students and programs at Great Basin College. To achieve this, the foundation disburses funds for scholarships, primarily sourced from temporary and endowed funds, to students attending Great Basin College. The total scholarship disbursements amounted to 750,768. Furthermore, the foundation provides miscellaneous support to various college-related programs and projects, with total disbursements amounting to 1,482,845. This support extends beyond scholarships, contributing to the overall development and enhancement of Great Basin College.
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Impact
July, 2024
Great Basin College Foundation's impact is significant, as it plays a crucial role in providing financial support to Great Basin College for the benefit of its students and programs. Through the disbursement of funds, the foundation enables students attending Great Basin College to access scholarships, totaling $750,768, which can make higher education more attainable for individuals in the community. Additionally, the foundation's contributions of $1,482,845 for various college-related programs and projects demonstrate its commitment to enhancing the overall educational experience at Great Basin College. By cultivating, stewarding, and managing resources from the community, the foundation actively contributes towards the advancement of education in the region.
This information is meant to be a general summary of Great Basin 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: $70,820
- Gross Receipts: $1,345,241
Assets and Liabilities:
- Total Assets: $11,700,411
- Total Liabilities: $48,952
- Net Assets: $11,651,459
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Organization Details
Founding Year
1982
Phone
(775) 753-2246Principal Officer
Dr Robert Colon
Main Address
PO BOX 2056, ELKO, NV, 89803
Website
www.gbcnv.eduNTEE Category
Code: B114 - Education
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