Chattanooga State Community College Foundation

Organization Overview

Chattanooga State Community College Foundation is located in Chattanooga, TN. The organization was established in 1978. 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. Chattanooga State 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, Chattanooga State Community College Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.0m during the year ending 06/2022. While expenses have increased by 2.0% 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 SUPPORT AND ADVANCE THE GOALS IN SUPPORT OF THE MISSION OF CHATTANOOGA STATE COMMUNITY COLLEGE.

Describe the Organization's Program Activity:

PROVIDE FUNDING TO MEET THE NEEDS OF APPROXIMATELY 15 DEPARTMENTS/PROGRAMS AT CHATTANOOGA STATE COMMUNITY COLLEGE. ITEMS TYPICALLY PROVIDED INCLUDE SUPPLIES AND/OR EQUIPMENT.


PROVIDE SCHOLARSHIPS FOR APPROXIMATELY 270 STUDENTS OF CHATTANOOGA STATE COMMUNITY COLLEGE.


PROVIDE FUNDING FOR 6 FACULTY/STAFF EXCELLENCE AWARDS, AND FUNDING FOR OTHER FACULTY/STAFF DEVELOPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Edna Varner
Chairman
$0
Stefanie Crowe
Secretary
$0
John F Germ
Treasurer
$0
Joe Ferguson
Board Member
$0
Wade Hinton
Board Member
$0
Larry Parks
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$79,135
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$583,849
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$662,984
Total Program Service Revenue$0
Investment income $141,946
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $318,102
Net Income from Fundraising Events -$11,090
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,112,258

Grants Recieved

Over the last fiscal year, we have identified 17 grants that Chattanooga State Community College Foundation has recieved totaling $723,622.

Awarding OrganizationAmount
Beacon Foundation Charitable Tr

Kennesaw, GA

PURPOSE: "GLOBAL SCHOLARS" PROGRAM - PROVIDE UNIQUE LEARNING AND EXPLORATORY EXPERIENCES NOT TYPICALLY AVAILABLE TO STUDENTS

$100,000
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$76,000
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$76,000
American Association Of Community Colleges

Washington, DC

PURPOSE: SKILLS TO SUCCEED

$60,364
Community Foundation Of Greater Chattanooga Inc

Chattanooga, TN

PURPOSE: DUAL ENROLLMENT OPPORTUNITY SCHOLARSHIP

$55,000
Community Foundation Of Greater Chattanooga Inc

Chattanooga, TN

PURPOSE: DUAL ENROLLMENT OPPORTUNITY SCHOLARSHIP

$55,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,270,066
Earnings-$987,540
Admin Expense$411,926
Net Contributions$57,250
Ending Balance$5,927,850

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