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Wake Technical Community College Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237017752 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

Overview

What is Wake Technical Community College Foundation?

Wake Technical Community College Foundation is a nonprofit organization situated in Raleigh, North Carolina, specifically at 9101 Fayetteville Road. Their primary mission is to support Wake Technical Community College by collaborating with private entities and individuals to amplify awareness, secure financial resources, and obtain other assets. The foundation achieves this by providing scholarships to students pursuing diplomas, certificates, or associate degrees in various curriculum programs or continuing education. Scholarships are awarded through an online application process and can range from $100 to $3,000 annually. The funding for these scholarships comes from corporations, individuals, grants, and foundations. The foundation's scholarships aim to assist students based on financial need or academic merit, as per the donor's preference.


Official website here: www.foundation.waketech.edu

Is Wake Technical Community College Foundation legitimate?

Wake Technical Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wake Technical 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $260,907

For more financial information, click here


Official website here: www.foundation.waketech.edu

What is the mission statement of Wake Technical Community College Foundation?

The Wake Technical Community College Foundation collaborates with private entities and individuals to increase awareness, secure financial resources, and obtain other assets for Wake Technical Community College. This support is instrumental in advancing the college's mission, goals, and funding priorities. The foundation manages a scholarship program, providing monetary awards to students pursuing diplomas, certificates, or associate degrees, or participating in continuing education. Scholarships can be merit-based or need-based, depending on the donor's preference. These scholarships are awarded through an online, anonymous application process, with funding sourced from corporations, individuals, grants, and foundations. The scholarships range from $100 to $3,000 annually.


Official website here: www.foundation.waketech.edu

Who is the CEO of Wake Technical Community College Foundation?

Matthew Smith is the Chair of Wake Technical Community College Foundation.


Official website here: www.foundation.waketech.edu

What is the revenue of Wake Technical Community College Foundation?

Wake Technical Community College Foundation's revenue in 2022 was $5,743,743.


Official website here: www.foundation.waketech.edu

Who are the executives of Wake Technical Community College Foundation and what are their salaries?

Here are 25 key members and their salaries:

    Scott Ralls (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $347,008
  • Other: $66,615

    • Matt Smith (Director)
  • Compensation: $0
  • Related: $168,387
  • Other: $22,517

    • Scarlet Edwards (Director)
  • Compensation: $0
  • Related: $114,521
  • Other: $12,567

    • Whitney Westbrook (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Candis Parker (Chair-Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Burgess (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary-Ann Baldwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Douglas Ball (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nathan Becker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Natalie Best (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Creighton Blackwell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Boone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Conlon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Buzz Crosby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tommy Laakso (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dana Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arne Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Neptune (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Parquet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Raynor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Will Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walt Tippett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharma Vemuri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pat Wilkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alisa Wright Colopy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.foundation.waketech.edu

    Where can I find the form 990 for Wake Technical Community College Foundation?

    The Wake Technical Community College Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.foundation.waketech.edu

    Learn more at the official website: www.foundation.waketech.edu

    Mission Statement of Wake Technical Community College Foundation

    Wake Technical Community College Foundation plays a crucial role in partnering with private entities and individuals to raise awareness, financial resources, and other assets in support of Wake Technical Community College's mission, goals, and funding priorities. This nonprofit organization's mission is centered around bolstering the educational institution's resources, thereby contributing to its success and the fulfillment of its objectives.

    Key to the Wake Technical Community College Foundation's mission is its dedication to granting scholarships to students. These monetary awards can be allocated to assist diploma, certificate, or associate degree students in any curriculum program or continuing education, based on the donor's preferences. The scholarships can be awarded based on either financial need or academic merit, and students can apply for them through an online, anonymous application process. Scholarships offered by the foundation range from $100 to $3,000 annually, with funding coming from corporations, individuals, grants, and foundations.

    In summary, the Wake Technical Community College Foundation's mission is to collaborate with various entities and individuals to bolster the financial resources and support of Wake Technical Community College. A significant aspect of this mission is providing scholarships to students, which can be awarded based on financial need or academic merit. The foundation's activities contribute to the overall success and achievement of students at Wake Technical Community College.

    Impact

    This information is meant to be a general summary of Wake Technical Community College Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Wake Technical Community College Foundation's impact is significant as it plays a crucial role in raising awareness, financial resources, and other assets in support of Wake Technical Community College's mission, goals, and funding priorities. Through partnerships with private entities and individuals, the foundation provides scholarships to students, ranging from $100 to $3,000 per year, to assist them in pursuing their academic goals in various curriculum programs and continuing education. These scholarships are awarded based on financial need or academic merit, as per donor preferences.

    By facilitating these scholarship opportunities, the foundation not only supports students in accessing higher education but also fosters a culture of learning and growth within the community. The financial assistance provided by the foundation helps students overcome barriers to education and enables them to achieve their academic aspirations, ultimately contributing to a more educated and skilled workforce in the region. The impact of Wake Technical Community College Foundation extends beyond individual students, benefitting the community at large by investing in the future of its residents and promoting socio-economic development.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,029,598
  • Program Service Revenue: $18,406
  • Gross Receipts: $21,518,010

    • Assets and Liabilities:
  • Total Assets: $24,851,874
  • Total Liabilities: $65,420
  • Net Assets: $24,786,454
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    OTHER PROGRAM SERVICES

    Revenue

    $18,406

    Organization Details

    Founding Year

    1968

    Principal Officer

    Matthew Smith

    Main Address

    9101 FAYETTEVILLE ROAD, RALEIGH, NC, 27603

    NTEE Category

    Code: B41I - Education

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