Vernon College Foundation Incorporated

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

EIN: 752045268 ✦ Vernon, TX ✦ Designated as a 501(c)(3)

Overview

What is Vernon College Foundation Incorporated?

Vernon College Foundation Incorporated is a nonprofit organization situated in Vernon, Texas, at 4400 College Drive. Its primary mission is to support education by providing financial aid in the form of scholarships to deserving students and departmental grants to Vernon College. In the recent fiscal year, the foundation disbursed $331,805 for scholarship funding and an additional $16,052 for departmental grants. The foundation's purpose is to bolster educational opportunities for students and contribute to the college's various departments.


Is Vernon College Foundation Incorporated legitimate?

Vernon College Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vernon College Foundation Incorporated 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


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

Mission Statement of Vernon College Foundation Incorporated

The Vernon College Foundation Incorporated is dedicated to providing financial aid in the form of scholarships for students and grants to Vernon College. This nonprofit organization works tirelessly to support the educational endeavors of its students and various departments within the college. In the current year, the foundation has allocated a significant sum of $331,805 for scholarship funding and an additional $16,052 for departmental grants. By providing these financial resources, the Vernon College Foundation Incorporated plays a crucial role in making higher education more accessible and affordable for numerous students, thereby contributing to their overall academic success.

Impact

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




Wednesday, July 24, 2024

Vernon College Foundation Incorporated's impact can be seen in its significant contributions towards student scholarships and departmental grants at Vernon College. In the current year alone, the Foundation provided $331,805 in scholarship funding and $16,052 in departmental grants to support the educational endeavors of students. By supporting students through scholarships and grants, the Foundation plays a key role in fostering educational opportunities and helping individuals achieve their academic goals at Vernon College.





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: $306,153
  • Program Service Revenue: $0
  • Gross Receipts: $596,838

    • Assets and Liabilities:
  • Total Assets: $5,483,335
  • Total Liabilities: $0
  • Net Assets: $5,483,335
  • Organization Details

    Founding Year

    1985

    Principal Officer

    Michelle A Alexander

    Main Address

    4400 COLLEGE DRIVE, VERNON, TX, 76384

    NTEE Category

    Code: B82 - Education

    If you are a representative of Vernon College Foundation Incorporated 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.