EIN 58-1511004

Alamance Community College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
1982
Most recent tax filings
2022-06-01
Description
The Alamance Community College Foundation exists to aid students with a demonstrated financial need in reaching their educational goals, while supporting the mission of ACC. The ACC Foundation exists to aid students with a demontrated finacial need in reaching their educational goal while supporting ACCs mission. The Alamanace Ommunity College Foundation exists to aid students with a demonstrated financial need in reaching their educational goals.
Total revenues
$2,074,431
2022
Total expenses
$1,213,659
2022
Total assets
$17,921,377
2022
Num. employees
0
2022

Program areas at Alamance Community College Foundation

Shcolarships:In 2021, 536 students received scholarships that included tuition, books, and supplies. Most scholarships are need-based and a few are merit based. The objective is to help ensure access to college for all qualified Alamance County residents. In-kind contribution of $307,002 provided expenses for shared employees who are employed by Alamance Community College.
Education-related and Programs for Faculty and Staff: ACC Foundation provides funds to enhance the educational experience for students. ACC Foundation provides funds to faculty and staff to obtain additional training and hold professional memberships. Approximately 200 employee benefit and the objective is to ensure faculty and staff are current in their feilds and are best able to meet the learning needs of an extremely diverse group of students. Also, ACC Foundation stewards donor designated funds to enhance the equipment and facilities for particular programs. Example: Nursing, Medical Lab Technician, Culinary and Biotech.
Other Financial Aid: In addition to scholarships, ACC Foundation provides funds for ACC Work Study Program and emergency distress program to prevent meritorious students from dropping out due to a one-time emergency situation. ACC Foundation also provides funds for childcare for students that qualify for Department of Social Services funds, that aren't available. This prevents students from dropping out due to temporary lack of childcare. The ACC Foundation also runs a student ambassador program that provides leadership skills to selected students and opportunities to meet with college and community leaders. In 2021-22, 94 students recieved non scholarship forms of financial aid. The object is to help ensure accedd to college for all qualified.

Who funds Alamance Community College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
C. A. Cannon Charitable Trust #1Hvac Replacement$250,000
Impact AlamanceEquipment$200,000
Alamance Community FoundationProgram Assistance$69,916
...and 3 more grants received

Personnel at Alamance Community College Foundation

NameTitle
David CheekTreasurer

Financials for Alamance Community College Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$1,543,851
Program services$0
Investment income and dividends$525,917
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$4,663
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,074,431

Form 990s for Alamance Community College Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-062022-02-09990View PDF
2019-062020-07-01990View PDF
2018-062019-02-06990View PDF
2017-062017-12-06990View PDF
2016-062016-12-09990View PDF
...and 7 more Form 990s

Organizations like Alamance Community College Foundation

OrganizationLocationRevenue
John Wood Community College FoundationQuincy, IL$731,953
The Belton Educational Enrichment FoundationBelton, TX$561,048
Builders Exchange FoundationColumbus, OH$593,428
Lake Tahoe Community College FoundationSouth Lake Tahoe, CA$649,364
Maricopa County Community College District FoundationTempe, AZ$8,482,332
Everett Community College FoundationEverett, WA$890,112
Edmonds College FoundationLynnwood, WA$1,595,064
Piedmont Technical College Founda- TionGreenwood, SC$1,184,139
Delta Zeta FoundationOxford, OH$3,226,202
Rend Lake College FoundationIna, IL$2,138,780
Data update history
May 12, 2023
Received grants
Identified 3 new grant, including a grant for $200,000 from Impact Alamance
February 4, 2023
Posted financials
Added Form 990 for fiscal year 2020
August 2, 2022
Received grants
Identified 3 new grant, including a grant for $250,000 from C. A. Cannon Charitable Trust #1
September 24, 2021
Received grants
Identified 1 new grant, including a grant for $5,000 from The Bank of America Charitable Foundation
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
School foundationsGrantmaking organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationProvides grantsFundraising eventsEndowed supportTax deductible donationsNo full-time employees
General information
Address
PO Box 8000
Graham, NC 27253
Metro area
Burlington, NC
Website URL
accfoundation.com/ 
Phone
(336) 506-4128
IRS details
EIN
58-1511004
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1982
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Alamance Community College Foundation has new information, or want to find more organizations like Alamance Community College Foundation?

Create free Cause IQ account