Georgia Highlands College Foundation Inc

Organization Overview

Georgia Highlands College Foundation Inc is located in Rome, GA. The organization was established in 1974. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, 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. Georgia Highlands 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, Georgia Highlands College Foundation Inc generated $928.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $557.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.5%) per year over the past 7 years. 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 BE AN ADVOCATER FOR THE COLLEGE AND TO SEEK, RECEIVE, INVEST, ACCOUNT FOR AND ALLOCATE PRIVATE GIFTS AND CONTRIBUTIONS IN SUPPORT OF GEORGIA HIGHLANDS COLLEGE. THIS HAS BEEN ACCOMPLISHED THROUGH THE REGENTS SCHOLARSHIP GALA USG FOUNDATION, CORPORATE PARTNERSHIP DRIVE, ANNUAL LETTER CAMPAIGN, FACULTY STAFF CAMPAIGN, AND FACE TO FACE MEETINGS WITH DONORS BY THE COLLEGE AND BY GHC FOUNDATION BOARD OF TRUSTEES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SCHOLARSHIPS AND SUPPORT GEORGIA HIGHLANDS 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
Liz Jones
Secretary, Executive Director
$55,351
Greg Patton
Chair
$0
Randy Quick
Chair Elect/treasurer
$0
Luke Lester
Past Chair
$0
Donnie Denson
Trustee
$0
Cindy Williams
Trustee
$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$264,194
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$264,194
Total Program Service Revenue$501,734
Investment income $67,640
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $71,838
Net Gain/Loss on Asset Sales $23,331
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $928,746

Grants Awarded

Over the last fiscal year, Georgia Highlands College Foundation Inc has awarded $56,266 in support to 2 organizations.

Grant RecipientAmount

GEORGIA HIGHLANDS COLLEGE

PURPOSE: INSTITUTIONAL SUPPORT, ATHLETIC PROGRAM SUPPORT, SCHOLARSHIP FUNDING, NURSING PROGRAM FUNDING, AND ALUMNI ASSOCIATION SUPPORT.

$46,266

GHC STUDENT CENTER LLC

Org PageRecipient Profile

Rome, GA

PURPOSE: INSTITUTIONAL SUPPORT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Georgia Highlands College Foundation Inc has recieved totaling $2,199.

Awarding OrganizationAmount
Heyman Family Foundation Inc

Marietta, GA

PURPOSE: FOUNDATION FUND

$2,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$199
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,546,987
Earnings-$411,979
Net Contributions$127,980
Other Expense$266,015
Ending Balance$2,996,973

Peer Organizations

Create an account to unlock the data you need.

or