Clark Technical College Scholarship Foundation

Organization Overview

Clark Technical College Scholarship Foundation is located in Springfield, OH. The organization was established in 1968. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 06/2021, Clark Technical College Scholarship Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clark Technical College Scholarship Foundation 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 06/2021, Clark Technical College Scholarship Foundation generated $851.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $698.1k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ACCEPT GIFTS IN SUPPORT OF THE CLARK STATE COLLEGE AND TO ASSIST ITS STUDENTS. THE FOUNDATION AIDS AND PROMOTES EDUCATION AT CLARK STATE AND PROVIDES SCHOLARSHIPS AND LOANS TO ITS STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS AND LOANS: CLARK STATE'S TUITION IS ONE OF THE LOWEST IN THE STATE AT APPROXIMATELY $4,800 ANNUALLY FOR A FULL-TIME STUDENT. THE FOUNDATION AWARDS OVER $200,000 PER YEAR TO OVER 200 STUDENTS. GIFTS TO THE SCHOLARSHIP FUND CAN HELP TRANSFORM LIVES THROUGH EDUCATION AND PROVIDE THE NECESSARY WELL-TRAINED WORKFORCE THAT IS NECESSARY FOR OUR COMMUNITY TO THRIVE. AN INVESTMENT IN OUR STUDENTS IS AN INVESTMENT IN OUR REGION'S ECONOMIC DEVELOPMENT, AS 85% OF OUR GRADUATES STAY IN OUR COMMUNITY. IN ADDITION TO SCHOLARSHIPS, OUR FOUNDATION ALSO AWARDS SHORT-TERM LOANS TO THOSE WHO ARE AWAITING FINANCIAL AID.


THE CLARK STATE SCHOLARS PROGRAM INCLUDES STUDENTS FROM FIVE SCHOOL DISTRICTS IN CLARK AND CHAMPAIGN COUNTIES. THE PROGRAM SELECTS 40 EIGHTH GRADE STUDENTS IN SPRINGFIELD, 20 EIGHTH GRADE STUDENTS FROM ADDITIONAL CLARK COUNTY PARTNER SCHOOLS, AND 20 EIGHTH GRADE STUDENTS FROM CHAMPAIGN COUNTY PARTNER SCHOOLS ANNUALLY TO PARTICIPATE. EACH SCHOLAR IS PARTNERED WITH A VOLUNTEER MENTOR WHOM THEY MEET WITH MONTHLY. SCHOLARS ALSO ATTEND RETREATS, AFTER SCHOOL ACTIVITY DAYS, AND FIELD TRIPS THAT PROVIDE CAREER AND COLLEGE READINESS ACTIVITIES THROUGHOUT THE SCHOOL YEAR, ALIGNING THIS PROGRAM WITH THE SPRINGFIELD FOUNDATION'S GOAL TO INCREASE THE COLLEGE AND CAREER READINESS FOR CLARK COUNTY RESIDENTS. UPON SUCCESSFUL COMPLETION OF THE PROGRAM AND GRADUATION FROM THEIR HIGH SCHOOL, THE SCHOLARS RECEIVE THREE YEARS OF FREE TUITION, FEES, AND BOOKS AT CLARK STATE, WHERE THEY CONTINUE TO RECEIVE ACADEMIC AND SOCIAL SUPPORT. THE PROGRAM SERVED 256 PARTICIPANTS IN 2020. 38 STUDENTS FROM THE PROGRAM ENROLLED AT CLARK STATE FOR THE 2020-2021 ACADEMIC YEAR, 218 ENROLLED IN HIGH SCHOOL ACROSS ALL PARTICIPATING SCHOOL DISTRICTS.


GENERAL SUPPORT OF CLARK STATE COMMUNITY COLLEGE


SCHOLARSHIPS AND LOANS: CLARK STATE'S TUITION IS ONE OF THE LOWEST IN THE STATE AT APPROXIMATELY $4,800 ANNUALLY FOR A FULL-TIME STUDENT. THE FOUNDATION AWARDS OVER $200,000 PER YEAR TO OVER 200 STUDENTS. GIFTS TO THE SCHOLARSHIP FUND CAN HELP TRANSFORM LIVES THROUGH EDUCATION AND PROVIDE THE NECESSARY WELL-TRAINED WORKFORCE THAT IS NECESSARY FOR OUR COMMUNITY TO THRIVE. AN INVESTMENT IN OUR STUDENTS IS AN INVESTMENT IN OUR REGION'S ECONOMIC DEVELOPMENT, AS 85% OF OUR GRADUATES STAY IN OUR COMMUNITY. IN ADDITION TO SCHOLARSHIPS, OUR FOUNDATION ALSO AWARDS SHORT-TERM LOANS TO THOSE WHO ARE AWAITING FINANCIAL AID.


THE CLARK STATE SCHOLARS PROGRAM INCLUDES STUDENTS FROM FIVE SCHOOL DISTRICTS IN CLARK AND CHAMPAIGN COUNTIES. THE PROGRAM SELECTS 40 EIGHTH GRADE STUDENTS IN SPRINGFIELD, 20 EIGHTH GRADE STUDENTS FROM ADDITIONAL CLARK COUNTY PARTNER SCHOOLS, AND 20 EIGHTH GRADE STUDENTS FROM CHAMPAIGN COUNTY PARTNER SCHOOLS ANNUALLY TO PARTICIPATE. EACH SCHOLAR IS PARTNERED WITH A VOLUNTEER MENTOR WHOM THEY MEET WITH MONTHLY. SCHOLARS ALSO ATTEND RETREATS, AFTER SCHOOL ACTIVITY DAYS, AND FIELD TRIPS THAT PROVIDE CAREER AND COLLEGE READINESS ACTIVITIES THROUGHOUT THE SCHOOL YEAR, ALIGNING THIS PROGRAM WITH THE SPRINGFIELD FOUNDATION'S GOAL TO INCREASE THE COLLEGE AND CAREER READINESS FOR CLARK COUNTY RESIDENTS. UPON SUCCESSFUL COMPLETION OF THE PROGRAM AND GRADUATION FROM THEIR HIGH SCHOOL, THE SCHOLARS RECEIVE THREE YEARS OF FREE TUITION, FEES, AND BOOKS AT CLARK STATE, WHERE THEY CONTINUE TO RECEIVE ACADEMIC AND SOCIAL SUPPORT. THE PROGRAM SERVED 256 PARTICIPANTS IN 2020. 38 STUDENTS FROM THE PROGRAM ENROLLED AT CLARK STATE FOR THE 2020-2021 ACADEMIC YEAR, 218 ENROLLED IN HIGH SCHOOL ACROSS ALL PARTICIPATING SCHOOL DISTRICTS.


GENERAL SUPPORT OF CLARK STATE 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
Mitch Hurst
Chair
$0
Patti Phillips
Vice Chair
$0
Bill Brougher
Secretary-Treasurer
$0
Don Lynam
Immediate Past Chair
$0
Dr Jo Alice Blondin
President Of College
$0
John A Brown
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$306,594
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$306,594
Total Program Service Revenue$0
Investment income $533,149
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $851,205

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Clark Technical College Scholarship Foundation has recieved totaling $104,250.

Awarding OrganizationAmount
Springfield Foundation

Springfield, OH

PURPOSE: GENERAL SUPPORT

$81,100
Springfield Foundation

Springfield, OH

PURPOSE: GENERAL SUPPORT

$10,100
Community Hospital Health Services Foundation

Springfield, OH

PURPOSE: CLARK STATE MENTAL HEALTH SCREENING GRANT

$7,000
Community Hospital Health Services Foundation

Springfield, OH

PURPOSE: PROJECT JERICHO OPEN STUDIO GRANT

$6,000
Usg Foundation Inc

Chicago, IL

PURPOSE: EDUCATION

$50
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$20,775,037
Earnings$5,193,953
Admin Expense$72,966
Net Contributions$67,244
Other Expense$503,746
Ending Balance$25,459,522

Peer Organizations

Organization NameAssets
Muskingum University
New Concord, OH
$69,143,599
Mount Aloysius College
Cresson, PA
$41,178,883
Midway University Inc
Midway, KY
$32,615,868
Lackawanna College
Scranton, PA
$37,550,402
Keystone College
La Plume, PA
$32,307,027
Baker College
Flint, MI
$27,043,165
Baker College
Flint, MI
$25,592,429
Baker College
Flint, MI
$22,321,880
Holy Cross College Inc
Notre Dame, IN
$27,179,393
Finlandia University
Hancock, MI
$18,081,025
Christ College Of Nursing Andhealth Sciences
Cincinnati, OH
$16,669,063
Ancilla Domini College
Plymouth, IN
$14,414,276

Create an account to unlock the data you need.

or