EIN 58-6072323

College Of Coastal Georgia Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1961
Most recent tax filings
2022-12-01
Description
The College of Coastal Georgia Foundation develops resources to support the College in providing quality education and serves as an advocate within the Coastal Georgia community to further its goals. It sustains arts and cultural experiences, lecture series, social gatherings, athletics, and general operations for campus programming and student life. The College's ability to recruit and retain outstanding academic talent ensures its status in and contributions to higher education despite shrinking public funds and increasing pressure.
Total revenues
$3,585,231
2022
Total expenses
$1,705,188
2022
Total assets
$22,423,240
2022
Num. employees
0
2022

Program areas at College Of Coastal Georgia Foundation

Academic Scholarship: Merit scholarships and targeted academic incentives are important tools in recruitment and retention of top notch students. The Foundation is committeed to continuing awards of full or partial scholarships at meaningful funding levels to five percent of more of total enrollment. To attract and retain outstanding students, the Foundation will continue to consider innovative scholarship and support programs such as the W. Kantor International Scholars, the Brenda and Mac Nease Foundation scholarships, and the Hites / Dinos Scholarships. The majority of the Foundation's sixty endowment funds support scholarships. In the 2021-2022 Academic year the Foundation made 1,178 scholarship awards to approximately 776 students.
Campus Programming/Student Life including Athletics and General Operations: The college experience is heightened through quality extra-and co-curricular activities. The Foundation sustains arts and cultural experiences, lecture series, social gatherings, and career development opportunities that serve to expand the horizons of students, faculty and staff, and to provide enrichment for the community at large. Campus Programming / Student Life funds include: The Coastal Georgia Minority Outreach Program, Let's Talk Coastal, the Theatre fund, Veteran Funds, a Campus Pantry and a Student Publication fund (Seaswell's). Athletic funds include support for the Athletic Department, Athletic scholarships and support for the eight inter-scholastic college sports teams. While cultivating significant named giving, the Foundation's goal is at least 20% of the annual budget for campus programming/student life and athletic programming. The Foundation also supports general operations expenses which should be under 10% of the annual budget.
Academic Programming: Quality faculty are the cornerstone of higher education. The College's ability to recruit and retain outstanding academic talent ensures its status in and contributions to higher education. With shrinking public funds and increasing performance demands, the Foundation secures funding to support faculty learning, research, scholarship and innovation. Currently there are thirty-seven diverse funds maintained for these purposes. These funds support all educational programs at the College and most notably in 2022, Nursing Education, Nursing Clinical Assistants, The Lucas Center for Entrpreneurshp, and Cyber-Security. The Foundation seeks to establish new sources of faculty support annually and works to commit support to reach a range of 10% to 20% of the annual budget of the Foundation.
Other Program Services: Housing/Capital Expansion: Student housing and additional instructional facilities remain critical for the College's expansion and growth. The Foundation looks to support new and improved facilities and the future phases of student housing. Currently the Foundation owns and operates Coastal Place Apartments, which is a 132 student off-campus housing unit in conjuction with the College's residential housing program. There are various naming opportunities through capital donations for new and existing campus buildings and infrastructure (e.g., walkways, water features, laboratories, student meeting areas) that can be targeted for future solicitations.

Who funds College Of Coastal Georgia Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundEducation$252,000
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$201,500
Arthur and Lindee Lucas Family FoundationGeneral Operating Funds$200,000
...and 7 more grants received

Personnel at College Of Coastal Georgia Foundation

NameTitleCompensation
Dr. Alan OursChief Information Officer
Dr. Deleo HoldsChief Accountant
Gerald MoodyChief Engineer
Dr. James "Jim" E. BentonFounder
Casey HanakAssistant Director of Development and Alumni Engagement
...and 26 more key personnel

Financials for College Of Coastal Georgia Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$3,397,601
Program services$40,000
Investment income and dividends$385,434
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-240,146
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,342
Total revenues$3,585,231

Form 990s for College Of Coastal Georgia Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-26990View PDF
2021-122022-09-08990View PDF
2020-122021-08-12990View PDF
2019-122020-10-13990View PDF
2018-122019-10-30990View PDF
...and 8 more Form 990s
Data update history
December 26, 2023
Received grants
Identified 2 new grant, including a grant for $10,000 from Georgia Power
November 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 16, 2023
Updated personnel
Identified 32 new personnel
August 10, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 22, 2023
Received grants
Identified 4 new grant, including a grant for $200,000 from Arthur and Lindee Lucas Family Foundation
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
1 College Dr
Brunswick, GA 31520
Metro area
Brunswick, GA
County
Glynn County, GA
Website URL
ccga.edu/ 
Phone
(912) 279-5744
IRS details
EIN
58-6072323
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1961
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B42: Undergraduate College (4-year)
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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