Overview
What is Moraine Valley Community College Foundation?
The Moraine Valley Community College Foundation is a nonprofit organization situated in Palos Hills, Illinois. Its primary mission is to financially support Moraine Valley Community College's fine and performing arts center, contributing to program underwriting and ongoing maintenance. The foundation also promotes and financially backs Moraine Valley Community College programs, offering scholarships and financial aid to students. It manages donor funds prudently, ensuring their use aligns with donors' intentions. The foundation's core activities include fundraising, reviewing and approving disbursements to college and student programs, and maintaining good governance and stewardship of its assets.
Official website here: www.morainevalley.edu/foundation
Is Moraine Valley Community College Foundation legitimate?
Moraine Valley Community College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moraine Valley 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: $0
For more financial information, click here
Official website here: www.morainevalley.edu/foundation
What is the mission statement of Moraine Valley Community College Foundation?
The Moraine Valley Community College Foundation's mission is to financially support the programs at Moraine Valley Community College and provide scholarships and financial aid to students. This is achieved by prudently managing donor funds and ensuring that charitable gifts are administered in accordance with the donor's intentions. The foundation's activities include fundraising through various means, reviewing and approving disbursements of funds to college and student programs in need of financial support, and overseeing the foundation's assets to safeguard them in line with donor intentions and investment policy. The board of directors plays a crucial role in governing and stewarding the foundation's funds.
Official website here: www.morainevalley.edu/foundation
Who is the CEO of Moraine Valley Community College Foundation?
Thomas Kantas is the President of Moraine Valley Community College Foundation.
Official website here: www.morainevalley.edu/foundation
What is the revenue of Moraine Valley Community College Foundation?
Moraine Valley Community College Foundation's revenue in 2023 was $804,175.
Official website here: www.morainevalley.edu/foundation
Who are the executives of Moraine Valley Community College Foundation and what are their salaries?
- Thomas Kantas (President) [Trustee/Director]
- Bruce Nawara (Past President) [Trustee/Director]
- Helen Lobas (Vice President) [Trustee/Director]
- Susan Wade (Treasurer) [Trustee/Director]
- Dr Margaret Lehner (Secretary) [Trustee/Director]
- Amy Sitterly (Operations Manager) [Trustee/Director]
- John R Coleman (Director)
- Dominick Demonica (Director)
- John Dobbyn (Director)
- Jack Daley (Director)
- Dennis M Shannon (Director)
- Sandra Wagner (Director)
- Phillip T Foster (Director)
- Dr Sylvia M Jenkins (Director)
- Omar Najib (Director)
- Cristy Gallegos (Director)
- Chris Sioukas (Director)
- Holly A Bartecki (Director)
- Adriana Carrasquillo (Director)
- Robert G Kelly (Director)
Official website here: www.morainevalley.edu/foundation
Where can I find the form 990 for Moraine Valley Community College Foundation?
The Moraine Valley Community College Foundation’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.morainevalley.edu/foundation
Learn more at the official website: www.morainevalley.edu/foundation
Mission Statement of Moraine Valley Community College Foundation
Moraine Valley Community College Foundation's mission is centered around promoting and financially supporting various programs at Moraine Valley Community College. The foundation's primary objective is to provide scholarships and financial assistance to students, ensuring they have the necessary resources to pursue their education. In addition to this, the foundation exercises prudent investment and management of donor funds, ensuring that charitable gifts are administered in accordance with the donor's intentions.
The foundation's core activities include governance and stewardship, charitable gifting solicitation, and college and student program disbursements. Under governance and stewardship, the foundation ensures self-governance and safeguards its assets in accordance with donor intentions and a prudent investment policy. This responsible management ensures that the foundation's resources are used effectively and efficiently to support the college and its students.
In terms of charitable gifting solicitation, the foundation raises funds through various means, such as appeals, campaigns, grants, and special events. This fundraising efforts allow the foundation to accumulate resources that can be disbursed to college and student programs in need of financial support. The foundation's college and student program disbursements involve reviewing, selecting, and approving the allocation of funds to the college and student programs that require financial assistance.
In summary, Moraine Valley Community College Foundation's mission is to financially support the college and its students, providing scholarships and financial assistance. The foundation achieves this through prudent investment and management of donor funds, governed by a board of directors. Fundraising efforts allow the foundation to accumulate resources, which are then disbursed to college and student programs in need of financial support.
Impact
This information is meant to be a general summary of Moraine Valley 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
Moraine Valley Community College Foundation plays a pivotal role in supporting Moraine Valley Community College programs, providing scholarships and financial assistance to students. One significant impact is seen in its ongoing financial support for the college's Fine and Performing Arts Center. This support is crucial in underwriting programs and maintaining the center, which serves as a central resource hosting performances by regional and national professional companies in dance, music, and theater. Through prudent management and investment of donor funds, the Foundation ensures that charitable gifts are administered according to donors' intentions, disbursing funds to approved college and student programs under the governance of the Board of Directors. Overall, the Foundation's activities in governance, fundraising, and program disbursements contribute significantly to the educational and cultural enrichment of the community.
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.
- Assets and Liabilities:
Organization Details
Founding Year
1982
Phone
(708) 974-5740
Principal Officer
Thomas Kantas
Main Address
9000 WEST COLLEGE PARKWAY - BUILDIN, PALOS HILLS, IL, 60465
NTEE Category
Code: B41I - Education
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