Quinsigamond Community College Foundation Inc

Organization Overview

Quinsigamond Community College Foundation Inc is located in Worcester, MA. The organization was established in 1986. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quinsigamond Community College Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Quinsigamond Community College Foundation Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $609.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PRESERVE AND FOSTER THE TRADITIONS OF QUINSIGAMOND COMMUNITY COLLEGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PRESERVE AND FOSTER THE TRADITIONS OF QUINSIGAMOND COMMUNITY COLLEGE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Linda A Maykel DDS
President
$0
David Ojerholm CPA
Treasurer
$0
Matthew E Wally
Vice President
$0
Diane M Giampa Shrm-Scp
Clerk
$0
David Handsman DMD Mds
Director
$0
Kola A Akindele JD Ms
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$733,451
Noncash contributions included in lines 1a–1f $71,150
Total Revenue from Contributions, Gifts, Grants & Similar$733,451
Total Program Service Revenue$0
Investment income $76,093
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $197,195
Net Income from Fundraising Events $28,784
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,035,523

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Quinsigamond Community College Foundation Inc has recieved totaling $483,317.

Awarding OrganizationAmount
Francis A & Jacquelyn H Harrington Foundation

Worcester, MA

PURPOSE: SCHOLARSHIP AID

$180,500
Massachusetts Biomedical Initiatives

Worcester, MA

PURPOSE: STEM PROGRAM

$140,625
Greater Worcester Community Foundation Inc

Worcester, MA

PURPOSE: SCHOLARSHIP ENDOWMENT FUND FOR OPERATIONS

$36,137
Greater Worcester Community Foundation Inc

Worcester, MA

PURPOSE: ENDOWMENT FUND FOR OPERATIONS

$36,137
Greater Worcester Community Foundation Inc

Worcester, MA

PURPOSE: SCHOLARSHIP ENDOWMENT FUND FOR SCHOLARSHIPS

$34,606
Greater Worcester Community Foundation Inc

Worcester, MA

PURPOSE: SUPPORT FOR NEW PANTRY LOCATION

$14,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$889,181
Earnings$106,131
Admin Expense$106,131
Net Contributions$294,759
Ending Balance$1,183,940

Create an account to unlock the data you need.

or