Washtenaw Community College Foundation

Organization Overview

Washtenaw Community College Foundation is located in Ann Arbor, MI. The organization was established in 1985. 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. Washtenaw Community College 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 06/2022, Washtenaw Community College Foundation generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 8.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO GIVE HOPE AND SUPPORT TO WASHTENAW COMMUNITY COLLEGE STUDENTS THROUGH SCHOLARSHIPS AND OTHER PHILANTHROPIC SUPPORT.

Describe the Organization's Program Activity:

THE FOUNDATION IS ORGANIZED TO PROVIDE GIFTS AND GRANTS TO WASHTENAW COMMUNITY COLLEGE AND TO ITS STUDENTS, FACULTY AND STAFF IN FURTHERANCE OF THE EDUCATIONAL PURPOSES OF WASHTENAW COMMUNITY COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Boonin
Chair
$0
Cindy Byrne
Treasurer
$0
Katherine Farrell
Chair-Emerit
$0
Bhushan Kulkarni
Secretary
$0
Alex Milshteyn
Chair Elect
$0
Dr Rose Bellanca
Wcc Presiden
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$79,937
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,073,426
Noncash contributions included in lines 1a–1f $529,756
Total Revenue from Contributions, Gifts, Grants & Similar$2,153,363
Total Program Service Revenue$0
Investment income $82
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $408
Net Income from Fundraising Events -$39,407
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,130,032

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Washtenaw Community College Foundation has recieved totaling $283,107.

Awarding OrganizationAmount
Ann Arbor Area Community Foundation

Ann Arbor, MI

PURPOSE: EDUCATION/INSTRUCTION

$155,527
Speyer Foundation

Detroit, MI

PURPOSE: IN MEMORY OF THOMAS AND

$39,982
Community Foundation For Southeast Michigan

Detroit, MI

PURPOSE: GENERAL OPERATIONS

$30,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$21,750
Seth Bonder Foundation

Independence, OH

PURPOSE: CAPITAL CAMPAIGN - $10,000

$10,000
Graco Foundation

Minneapolis, MN

PURPOSE: SCHOLARSHIP AWARDS

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$28,418,020
Earnings-$2,639,483
Net Contributions$1,677,203
Grants$1,106,258
Ending Balance$26,349,482

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