Overview
What is Allan Hancock College Foundation?
Allan Hancock College Foundation is a nonprofit organization situated in Santa Maria, California. Their primary mission is to bolster education by raising funds and fostering community support to cater to the college's requirements in the areas of scholarships, capital/infrastructure projects, and program support. They provide financial aid and essential services to campus groups and students, aligning with the college curriculum. With a team of five dedicated individuals, the foundation works tirelessly to meet the educational needs of the college district.
Official website here: www.ahcfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating)
The Allan Hancock College Foundation has received an 85% rating from Charity Navigator, reflecting a solid level of accountability and finance management. The rating is solely based on their financial practices, where they excelled particularly in areas like financial statements and oversight, scoring full points in audit oversight and asset management.
Strengths of the Foundation include a remarkable program expense ratio of 96.95%, indicating that most of their resources are dedicated to programmatic efforts rather than administrative costs. Additionally, they have comprehensive policies in place, such as conflict of interest and whistleblower protections, which highlights their commitment to transparency and ethical governance.
However, while their financial management appears robust, there are no additional performance indicators such as program impact or community feedback that provide insight into their overall effectiveness beyond financial accountability. This could limit a comprehensive understanding of the Foundation's influence on the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Allan Hancock College Foundation legitimate?
Allan Hancock College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allan Hancock 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: $240,588
For more financial information, click here
Official website here: www.ahcfoundation.org
What is the mission statement of Allan Hancock College Foundation?
The Allan Hancock College Foundation's mission is centered around advancing education by raising funds and fostering community support. This endeavor is aimed at meeting the needs of the college in three key areas: scholarships, capital/infrastructure projects, and program support. Through their mission, they operate to enhance education in a comprehensive manner, working to address various financial and resource requirements. Additionally, the foundation provides financial support and essential services to campus groups, aligning with the college curriculum to benefit the students within the college district.
Official website here: www.ahcfoundation.org
Who is the CEO of Allan Hancock College Foundation?
Eric D Smtih is the Principal Officer of Allan Hancock College Foundation.
Official website here: www.ahcfoundation.org
What is the revenue of Allan Hancock College Foundation?
Allan Hancock College Foundation's revenue in 2022 was $6,236,200.
Official website here: www.ahcfoundation.org
Who are the executives of Allan Hancock College Foundation and what are their salaries?
The average compensation at Allan Hancock College Foundation during 2022 was $48,118. There are 5 employees at Allan Hancock College Foundation.
Here are 33 key members and their salaries:
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- Other: $41,681
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- Related: $129,576
- Other: $40,440
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- Other: $16,186
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- Related: $11,523
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- Related: $2,880
- Other: $117
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Official website here: www.ahcfoundation.org
Where can I find the form 990 for Allan Hancock College Foundation?
Allan Hancock College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ahcfoundation.org
Learn more at the official website: www.ahcfoundation.org
Mission Statement of Allan Hancock College Foundation
Allan Hancock College Foundation is dedicated to advancing education by raising funds and fostering community support. This nonprofit organization aims to address the needs of the college in three key areas: scholarships, capital/infrastructure projects, and program support. By doing so, Allan Hancock College Foundation contributes to the overall development and success of the educational institution and its students.
In pursuit of its mission, Allan Hancock College Foundation provides financial support and essential services to campus groups. These organizations cater to the students within the college district, aligning their activities with the college's curriculum. This collaboration aims to enrich the educational experience for students, ensuring they have the necessary resources and opportunities to thrive academically.
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Impact
July, 2024
Allan Hancock College Foundation's impact can be seen in its efforts to advance education by raising funds and building community support to meet the needs of the college. This includes providing scholarships, supporting capital/infrastructure projects, and offering program support. The foundation plays a vital role in supporting campus-wide educational programs, providing financial support to campus groups, and enhancing services for students within the college district. Through its mission of supporting education, the foundation contributes significantly to the growth and success of Allan Hancock College in Santa Maria, CA.
This information is meant to be a general summary of Allan Hancock 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: $4,326,824
- Gross Receipts: $22,984,378
Assets and Liabilities:
- Total Assets: $20,101,421
- Total Liabilities: $84,534
- Net Assets: $20,016,887
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Organization Details
Founding Year
1977
Phone
(805) 922-6966Principal Officer
Eric D Smtih
Main Address
800 S COLLEGE DR, SANTA MARIA, CA, 93454
Website
www.ahcfoundation.orgNTEE Category
Code: B42 - Education
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