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Southwest Virginia Community College Educational Foundation Inc

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

EIN: 541168575 ✦ Richlands, VA ✦ Designated as a 501(c)(3)

Overview

What is Southwest Virginia Community College Educational Foundation Inc?

The Southwest Virginia Community College Educational Foundation Inc is a nonprofit organization based in Richlands, Virginia, with the primary mission of supporting Southwest Virginia Community College and its community. By providing scholarships to students and aiding the college and the Virginia Community College System, the foundation aims to meet the needs of and offer opportunities to students, faculty, and staff. This economic assistance enables the college to address current requirements and tackle future challenges.


Official website here: www.sw.edu/edfoundation

Is Southwest Virginia Community College Educational Foundation Inc legitimate?

Southwest Virginia Community College Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest Virginia Community College Educational Foundation Inc 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: $31,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sw.edu/edfoundation

What is the mission statement of Southwest Virginia Community College Educational Foundation Inc?

The Southwest Virginia Community College Educational Foundation Inc aims to support the mission of Southwest Virginia Community College and help meet the needs of students, faculty, and staff. This is done by striving to provide economic stability and assisting the college in addressing both current requirements and future challenges. The foundation's expenses are allocated to the college for its assets, activities, staff, students, clubs, and overall support.


Official website here: www.sw.edu/edfoundation

Who is the CEO of Southwest Virginia Community College Educational Foundation Inc?

Scott Butcher is the Board Member of Southwest Virginia Community College Educational Foundation Inc.


Official website here: www.sw.edu/edfoundation

What is the revenue of Southwest Virginia Community College Educational Foundation Inc?

Southwest Virginia Community College Educational Foundation Inc's revenue in 2022 was $19,001,638.


Official website here: www.sw.edu/edfoundation

Who are the executives of Southwest Virginia Community College Educational Foundation Inc and what are their salaries?

Here are 10 key members and their salaries:

    Dr Thomas Wright (Board Secretary) [Trustee/Director]
  • Compensation: $31,000
  • Related: $0
  • Other: $0

    • James B Boyd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Hrovatic (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fran Minton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Butcher (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lynn Keene (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David W Mullins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Mullins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marco Warner (Board Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Lowe (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sw.edu/edfoundation

    Where can I find the form 990 for Southwest Virginia Community College Educational Foundation Inc?

    The Southwest Virginia Community College Educational Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sw.edu/edfoundation

    Learn more at the official website: www.sw.edu/edfoundation

    Mission Statement of Southwest Virginia Community College Educational Foundation Inc

    Southwest Virginia Community College Educational Foundation, Inc. is a charitable organization dedicated to supporting the mission of Southwest Virginia Community College and enhancing opportunities for students, faculty, and staff. By striving for economic stability, the Foundation plays a vital role in helping the college meet current needs and overcome future challenges.

    The Foundation's primary focus is to provide scholarships to students and offer assistance to the college and the Virginia Community College System. These efforts are geared towards ensuring the college can continue its mission of providing quality education while addressing the needs of its students and community. The Foundation's financial contributions are channeled towards college assets and activities, including staff, students, clubs, and overall support.

    Southwest Virginia Community College Educational Foundation, Inc. is committed to supporting the Southwest Virginia Community College community by providing essential resources and opportunities. Its purpose extends beyond just financial aid, as it aims to ensure the college has the means to thrive and adapt in an ever-changing world. The Foundation's dedication to economic stability is a testament to its unwavering belief in the college's potential to make a positive impact on students and the community.

    Impact

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




    Thursday, August 15, 2024

    Southwest Virginia Community College Educational Foundation Inc provides scholarships to students and supports the college and Virginia Community College System. Its purpose is to assist Southwest Virginia Community College in meeting the needs of today and the challenges of tomorrow by striving to provide economic stability for students, faculty, and staff. By allocating expenses to the college's assets, activities, and overall support, the foundation contributes to enhancing educational opportunities and resources for the college community in Richlands, VA.





    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: $17,068,452
  • Program Service Revenue: $0
  • Gross Receipts: $33,688,526

    • Assets and Liabilities:
  • Total Assets: $33,978,291
  • Total Liabilities: $1,197,455
  • Net Assets: $32,780,836
  • Organization Details

    Founding Year

    1981

    Principal Officer

    Scott Butcher

    Main Address

    PO BOX 1101, RICHLANDS, VA, 24641

    NTEE Category

    Code: B820 - Education

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