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Parkland College Foundation

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

EIN: 237025130 ✦ Champaign, IL ✦ Designated as a 501(c)(3)

Overview

What is Parkland College Foundation?

Parkland College Foundation is a nonprofit organization situated in Champaign, Illinois, specifically at 2400 West Bradley Avenue. Its primary mission is to provide financial assistance through scholarships to students enrolled at Parkland College. Beyond this, the foundation also supports the educational mission of the college by contributing to economic development programs and enhancing the overall quality of life in East Central Illinois. In essence, Parkland College Foundation serves as a vital source of funding for scholarly pursuits and community enrichment initiatives within its geographical region.


Is Parkland College Foundation legitimate?

Parkland College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkland 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: $155,476
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,761

For more financial information, click here


What is the mission statement of Parkland College Foundation?
Who is the CEO of Parkland College Foundation?
What is the revenue of Parkland College Foundation?
Who are the executives of Parkland College Foundation and what are their salaries?
Where can I find the form 990 for Parkland College Foundation?

Mission Statement of Parkland College Foundation

The Parkland College Foundation serves a vital role in generating funds to support various initiatives. Its primary mission is to award scholarships to students attending Parkland College, thereby contributing to their educational endeavors. Additionally, the foundation finances economic development programs within its sphere of influence, aiming to enhance the overall quality of life in East Central Illinois. By undertaking these activities, the Parkland College Foundation demonstrates its commitment to fostering academic excellence and promoting sustainable community development.

Impact

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




Thursday, August 15, 2024

Parkland College Foundation's impact is significant in supporting the education mission of Parkland College in Champaign, Illinois. It plays a crucial role in providing scholarships for Parkland College students, which in turn helps in promoting access to higher education and enhancing the overall quality of life in East Central Illinois. Additionally, the foundation's efforts in financing economic development programs contribute to the growth and prosperity of the region. Through its focus on scholarships and economic development, Parkland College Foundation plays an essential role in empowering individuals and communities in the area.





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 2023.

  • Investment Income: $311,320
  • Program Service Revenue: $0
  • Gross Receipts: $2,880,100

    • Assets and Liabilities:
  • Total Assets: $16,696,467
  • Total Liabilities: $57,997
  • Net Assets: $16,638,470
  • Organization Details

    Founding Year

    1969

    Principal Officer

    Tracy Wahlfeldt

    Main Address

    2400 West Bradley Avenue, Champaign, IL, 61821

    NTEE Category

    Code: B114 - Education

    If you are a representative of Parkland College Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.