EIN 61-6035281

College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1957
Most recent tax filings
2024-06-01
Description
The College Foundation raises funds and provides support for scholarships, faculty/staff, and student programs at Henderson Community College in KY.
Total revenues
$552,699
2024
Total expenses
$205,505
2024
Total assets
$2,889,964
2024
Num. employees
0
2024

Program areas at College Foundation

The College Foundation, Inc. Provides support for student scholarships at henderson community College. The Foundation now provides financial support for twenty scholarship programs for the College. The awards range from 120 to 750 per semester to assist in the cost of tuition and books/fees. Additional financial support was provided to assist high school students in obtaining College credit through ap courses provided at their local high schools. The Foundation provides financial support for the rotary colonels to College and braves to College programs which provides scholarships (administered by the College) to eligble students of henderson and union counties, respectively, who meet specific criteria to continue their education at henderson community College. Funds for these programs are remitted annually to the College's common fund where matching funds are awarded by the state of Kentucky.
The College Foundation, Inc. Provides financial support to the faculty and staff of henderson community College to maintain quality programs, to provide for student academic activities, and assist in public relations, professional development and recruiting. These funds allow the president to respond to the needs and opportunites to enhance the experience of students at the henderson campus.

Who funds College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Mcelroy Family Educational FoundationScholarship$45,792

Financials for College Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$162,580
Program services$0
Investment income and dividends$313,292
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$12,324
Net gain from sale of non-inventory assets$64,503
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$552,699
Data update history
February 4, 2025
Updated personnel
Identified 7 new personnel
December 3, 2024
Posted financials
Added Form 990 for fiscal year 2024
July 13, 2024
Received grants
Identified 1 new grant, including a grant for $45,792 from Mcelroy Family Educational Foundation
December 5, 2023
Posted financials
Added Form 990 for fiscal year 2023
December 4, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportProvides scholarshipsTax deductible donationsNo full-time employeesLegally formed as corporation
General information
Address
2260 S Green St
Henderson, KY 42420
Metro area
Evansville, IN-KY
County
Henderson County, KY
Phone
(270) 831-9805
IRS details
EIN
61-6035281
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1957
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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