Prince Georges Community College Foundation Inc

Organization Overview

Prince Georges Community College Foundation Inc is located in Largo, MD. The organization was established in 1986. 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. Prince Georges 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, Prince Georges Community College Foundation Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. While expenses have increased by 3.5% 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 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORTING EDUCATION PROGRAMS, FACILITIES & OPPORTUNITIES AT PRINCE GEORGE'S CC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED FINANCIAL ASSISTANCE TO PRINCE GEORGE'S COMMUNITY COLLEGE TO SUPPORT COLLEGE PROGRAMS AND INITIATIVES AND FUND ACADEMIC SCHOLARSHIPS GRANTED BY THE COLLEGE TO 173 RECIPIENTS SELECTED BY THE COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Larry Spriggs
Chair
$0
Montez Anderson
Vice Chair
$0
Brenda Mitchell
Executive Director / Secretary
$0
Robert Grandfield
Treasurer
$0
Terri Bacote-Charles
Director
$0
Timothy J Adams
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$130
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,493,568
Noncash contributions included in lines 1a–1f $2,104
Total Revenue from Contributions, Gifts, Grants & Similar$2,493,698
Total Program Service Revenue$0
Investment income $120,296
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $533,078
Net Income from Fundraising Events $99,657
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,246,729

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Prince Georges Community College Foundation Inc has recieved totaling $4,000.

Awarding OrganizationAmount
William And Karin Banks Foundation Inc

Monterey, VA

PURPOSE: FOUNDATION DONATIONS

$4,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,451,846
Earnings-$656,738
Net Contributions$38,156
Other Expense$138,017
Ending Balance$5,695,247

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