Geneva College Foundation
- Assets
- $4.8m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Beaver Falls, PA
- Founding
- Data as of
- 05/2022
- EIN
- 84-4612991
Organization Overview
Geneva College Foundation is located in Beaver Falls, PA. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Geneva 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CARRY OUT THE PURPOSES OF AND TO BENEFIT AND SUPPORT GENEVA COLLEGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL ACTIVITIES OF THE FOUNDATION ARE FOR THE SOLE BENEFIT OF GENEVA COLLEGE. THE FOUNDATION PROVIDES SCHOLARSHIPS TO GENEVA COLLEGE STUDENTS AND FUNDS THE GENERAL OPERATIONS OF THE COLLEGE. SCHOLARSHIP RECIPIENTS MUST GO THROUGH GENEVA COLLEGE'S FINANCIAL AID PROCESS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Cournan Chair | OfficerTrustee | 1 | $0 |
William Kriner Secretary | OfficerTrustee | 1 | $0 |
David Howell Vice Chair/treasurer | OfficerTrustee | 1 | $0 |
Timothy Baird CFO | Officer | 1 | $0 |
Ashley Faust Assistant To Secretary | Officer | 38 | $0 |
Marvin Dewey President | Officer | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,675 |
| Related organizations | $428,922 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,960,529 |
| Noncash contributions included in lines 1a–1f | $254,604 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,395,126 |
| Total Program Service Revenue | $19,951 |
| Investment income | $53,463 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $23,833 |
| Net Income from Fundraising Events | $14,432 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,506,805 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,608,440 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $786 |
| Fees for services: Accounting | $38,244 |
| Fees for services: Lobbying | $13 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,335 |
| Fees for services: Other | $14,151 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $10,585 |
| Total functional expenses | $1,721,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,669,511 |
| Savings and temporary cash investments | $57,372 |
| Pledges and grants receivable | $2,313,997 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $771,799 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,470 |
| Total assets | $4,822,149 |
| Accounts payable and accrued expenses | $205,735 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $205,735 |
| Net assets without donor restrictions | $20,000 |
| Net assets with donor restrictions | $4,596,414 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,822,149 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Geneva College Foundation has recieved totaling $257.
| Awarding Organization | Amount |
|---|---|
Analog Devices Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $257 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Say Yes Buffalo Scholarship Inc Buffalo, NY | $26,879,466 | $14,014,941 |
The Heckscher Foundation For Children New York, NY | $236,760,119 | $11,760,357 |
United Federation Of Teachers Educational Foundation Inc New York, NY | $18,651,586 | $11,866,585 |
Vista Foundation Hershey, PA | $12,658,681 | $12,905,128 |
Caroline & Joseph S Gruss Life Monument Funds Inc New York, NY | $48,124,527 | $2,679,769 |
Storehouse For Teachers Pittsburgh, PA | $4,365,823 | $11,202,988 |
Suny Impact Foundation Inc New York, NY | $1,805,430 | $8,847,404 |
Poughkeepsie Public School Teachers Asso Trust Fund Poughkeepsie, NY | $14,239,734 | $11,580,276 |
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Battelle For Kids Hilliard, OH | $8,986,527 | $5,810,919 |
Meged Shomayim Airmont, NY | $573,750 | $8,461,954 |
Nli Usa Inc New York, NY | $11,341,396 | $10,639,057 |