Frederick Community College Foundation Inc

Organization Overview

Frederick Community College Foundation Inc is located in Frederick, MD. The organization was established in 1982. 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.

For the year ending 06/2020, Frederick Community College Foundation Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $1.0m during the year ending 06/2020. While expenses have increased by 4.4% per year over the past 6 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 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SUPPORT TO FREDERICK COMMUNITY COLLEGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS PROVIDED TO FREDERICK COMMUNITY COLLEGE STUDENTS.


PROGRAM SUPPORT TO FREDERICK COMMUNITY COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Philip G Sewell
Chair
$0
Elizabeth Burmaster
Fcc President
$0
Justin Ramsburg
Treasurer
$0
Michele R Mills
Vice Chair
$0
Christopher R Clemons
Secretary, Assistant Treasurer
$0
Deborah Powell
Fccf Executive Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$572,951
Investment income $104,890
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $912,139
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,591,057

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Frederick Community College Foundation Inc has recieved totaling $20,000.

Awarding OrganizationAmount
The Ausherman Family Trust

Frederick, MD

PURPOSE: SCHOLARSHIPS FOR STUDENTS

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$11,643,549
Earnings$41,495
Admin Expense$74,045
Net Contributions$253,916
Grants$284,448
Ending Balance$11,580,467

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