Overview
What is Mt San Jacinto Community College Foundation?
The Mt San Jacinto Community College Foundation is a dedicated nonprofit organization situated in San Jacinto, California. Its primary mission is to support the students and educational programs of the Mt San Jacinto Community College District. To achieve this, the foundation accepts donations from various sources, including individuals, corporations, community alliances, and foundations. These contributions enable the foundation to provide scholarships, mini-grants, and direct funding to enhance the services and programs offered by the college. By doing so, the foundation contributes to promoting student success and improving the quality of higher education within the district, ultimately fostering a better learning environment for students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Mt San Jacinto Community College Foundation has achieved a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and effectiveness. This score is primarily based on their impressive performance in Impact & Measurement, where they scored a perfect 100. Their strong financial health is highlighted by an Accountability & Finance score of 94, showcasing their commitment to responsible financial management.
One of the foundation's key strengths is its program expense ratio, which stands at 86.46%. This means a significant portion of their expenses goes directly towards their programs, ensuring that resources are effectively allocated to support students. Additionally, their liabilities to assets ratio is exceptionally low at 1.15%, further reflecting their solid financial footing.
A notable impact of the foundation's programs is that they increase income for scholarship recipients by more than $1.25 for every $1 spent, demonstrating a significant return on investment for their scholarship initiatives. Overall, the Mt San Jacinto Community College Foundation appears to be making a meaningful difference in the lives of its beneficiaries while maintaining high standards of accountability and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Mt San Jacinto Community College Foundation legitimate?
Mt San Jacinto Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt San Jacinto Community 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.
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For more financial information, click here
What is the mission statement of Mt San Jacinto Community College Foundation?
The Mt San Jacinto Community College Foundation's mission is focused on promoting student success within the district. Established to receive donations from various sources, its primary goal is to enhance the quality of higher education. The foundation provides scholarships, mini-grants, and direct funding to enhance the services and programs offered by Mount San Jacinto Community College. This support aims to empower students and contribute to the college's overall development.
What is the revenue of Mt San Jacinto Community College Foundation?
Mt San Jacinto Community College Foundation's revenue in 2024 was $1,966,173.
Who are the executives of Mt San Jacinto Community College Foundation and what are their salaries?
There 100 volunteers at Mt San Jacinto Community College Foundation.
Here are 18 key members and their salaries:
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- Other: $41,707
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- Related: $132,976
- Other: $43,931
Where can I find the form 990 for Mt San Jacinto Community College Foundation?
Mt San Jacinto Community College Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Mt San Jacinto Community College Foundation
The Mt San Jacinto Community College Foundation is committed to supporting the students and educational programs of the Mt San Jacinto Community College District. Their mission is to promote student success by enhancing the quality of higher education within the district. The foundation was established to receive donations from individuals, corporations, community alliances, and foundations. With these funds, they provide scholarships, mini-grants, and direct funding to enhance the services and programs offered by Mt San Jacinto Community College. By doing so, the foundation aims to contribute to the overall development and success of its students.
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Impact
July, 2024
The Mt San Jacinto Community College Foundation's impact lies in its unwavering support for the students and educational programs of Mt San Jacinto Community College District. By providing scholarships to students attending the college and offering support to enhance the institution and its programs, the foundation plays a crucial role in promoting student success and improving the quality of higher education throughout the district. Through the receipt of gifts from various sources, the foundation is able to provide scholarships, mini-grants, and direct funding to enhance MSJC's services and programs, ultimately contributing to the educational growth and success of the community.
This information is meant to be a general summary of Mt San Jacinto Community 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 2024.
- Investment Income: $195
- Gross Receipts: $1,993,494
Assets and Liabilities:
- Total Assets: $5,079,627
- Total Liabilities: $423,799
- Net Assets: $4,655,828
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Organization Details
Founding Year
1983
Principal Officer
Roger Schultz
NTEE Category
Code: B820 - Education
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