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Galveston College Foundation

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

EIN: 760512266 ✦ Galveston, TX ✦ Designated as a 501(c)(3)

Overview

What is Galveston College Foundation?

Galveston College Foundation is a nonprofit organization situated in Galveston, Texas, with an address at 4015 Avenue Q, 77550. Its main aim is to foster philanthropic contributions for the Galveston Community College District, with a strong focus on Universal Access. This program offers scholarships to local high school graduates, ensuring equity in access to higher education, regardless of financial capabilities. Beyond Universal Access, the Foundation also solicits, manages, and invests funds to support the College's educational endeavors. Its mission is to strengthen and enhance Galveston College's capacity to fulfill its mission of empowering individuals through lifelong learning.


Official website here: www.gc.edu/give

Is Galveston College Foundation legitimate?

Galveston College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Galveston 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.gc.edu/give

What is the mission statement of Galveston College Foundation?

The Galveston College Foundation's mission is to aid in the achievement of Galveston College's overarching goal of promoting lifelong learning by fostering philanthropic support. Specifically, the Foundation focuses on enhancing the College's capability to realize this mission, particularly through the Universal Access program. This program offers scholarships to high school graduates from Galveston, Texas, irrespective of their financial capacities, thereby encouraging equal access to higher education. Additionally, the Foundation raises, invests, and manages funds to support various educational activities at the College.


Official website here: www.gc.edu/give

Who is the CEO of Galveston College Foundation?

Keith Mcfatridge is the Chair of Galveston College Foundation.


Official website here: www.gc.edu/give

What is the revenue of Galveston College Foundation?

Galveston College Foundation's revenue in 2022 was $7,009,018.


Official website here: www.gc.edu/give

Who are the executives of Galveston College Foundation and what are their salaries?

Here are 16 key members and their salaries:

    Keith Mcfatridge (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Schwenk (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry Frank Thru 42822 (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol H Hodges (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Michael Cordray (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Lawhorn Cryder (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Hardcastle (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hetta Kempner (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Lang (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betty Massey (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter J Meyer Iii (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John D Prochaska (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • S Benjamin Shabot (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Smith (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angela Wilson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gc.edu/give

    Where can I find the form 990 for Galveston College Foundation?

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


    Official website here: www.gc.edu/give

    Learn more at the official website: www.gc.edu/give

    Mission Statement of Galveston College Foundation

    Galveston College Foundation, a philanthropic organization, is dedicated to supporting and enhancing Galveston College's mission of promoting lifelong learning. The foundation's primary objective is to advance the capacity of the college to achieve this mission. To accomplish this, the foundation focuses on generating philanthropic support, investing and managing funds, and soliciting contributions.

    One of the foundation's key initiatives is the Universal Access program. This program offers scholarships to high school graduates from Galveston, Texas, irrespective of their financial capacity. By encouraging universal access to higher education, the foundation plays a significant role in making education more accessible and inclusive. Beyond Universal Access, the foundation also supports various educational activities of Galveston College, contributing to the college's overall growth and development.

    Impact

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




    Saturday, July 20, 2024

    Galveston College Foundation's impact is evident in its support of Galveston College's mission to advance people's lives through lifelong learning. The Foundation focuses on generating philanthropic support for the Galveston Community College District, with a primary emphasis on Universal Access. Through the Universal Access program, the Foundation provides scholarships to high school graduates in Galveston, Texas, regardless of their ability to pay. This initiative encourages universal access to higher education and helps make education more accessible to individuals in the community. Additionally, the Foundation solicits, invests, and manages funds to support the College's educational activities, further enhancing the institution's ability to fulfill its mission. Through these efforts, the Galveston College Foundation truly makes a difference in supporting education and lifelong learning in the Galveston community.





    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: $1,373,849
  • Program Service Revenue: $0
  • Gross Receipts: $8,408,010

    • Assets and Liabilities:
  • Total Assets: $22,851,553
  • Total Liabilities: $74,793
  • Net Assets: $22,776,760
  • Organization Details

    Founding Year

    1996

    Principal Officer

    Keith Mcfatridge

    Main Address

    4015 Avenue Q, Galveston, TX, 77550

    NTEE Category

    Code: B82 - Education

    If you are a representative of Galveston 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.