Central Oregon Community College Foundation

Organization Overview

Central Oregon Community College Foundation is located in Bend, OR. The organization was established in 1967. 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. Central Oregon 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, Central Oregon 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 0.2% each year. All expenses for the organization totaled $2.3m during the year ending 06/2022. While expenses have increased by 3.8% 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

THE CENTRAL OREGON COMMUNITY COLLEGE FOUNDATION PROVIDES FUNDS AND FOSTERS RELATIONSHIPS TO SUPPORT STUDENTS, PROGRAMS, AND CAPITAL IMPROVEMENTS AT CENTRAL OREGON COMMUNITY COLLEGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDED APPROXIMATELY 390 SCHOLARSHIPS TO COCC STUDENTS DURING FISCAL YEAR ENDED JUNE 30, 2022. SCHOLARSHIPS WERE AWARDED BASED UPON FINANCIAL NEED AND THE STUDENT'S DEMONSTRATED SENSE OF DIRECTION AND PURPOSE. STATISTICALLY, STUDENTS RECEIVING COCC FOUNDATION SCHOLARSHIPS TAKE MORE CLASSES, MAINTAIN HIGHER GPA'S AND HAVE A HIGHER COMPLETION RATE THAN THAT OF THE GENERAL COHORT. FUNDS FOR SCHOLARSHIPS ARE PROVIDED THROUGH SCHOLARSHIP ENDOWMENTS, NAMED SCHOLARSHIPS GIVEN BY INDIVIDUALS AND BUSINESSES, AND ANNUAL FUNDRAISING.


OTHER PROGRAM EXPENSES INCLUDE THE NANCY R. CHANDLER VISITING SCHOLAR PROGRAM, SUPPORT TO COCC PROGRAMS SUCH AS THE LIBRARY, COMMUNITY LEARNING, CULINARY, FINE ARTS, MATH DEPARTMENT AND OTHER FOUNDATION PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Zachary Boone
Executive Director
$82,183
Erin Macdonald
Treasurer
$0
Daisy Layman
Chair
$0
Vicki Russell
Secretary
$0
Chuck Yeaman
Trustee
$0
Stephen Callan
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,757,940
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,757,940
Total Program Service Revenue$82,813
Investment income $303,069
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,143,822

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Central Oregon Community College Foundation has recieved totaling $7,500.

Awarding OrganizationAmount
Frederick Foundation

Bend, OR

PURPOSE: SUPPORT

$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$28,328,088
Earnings-$3,469,083
Admin Expense$315,682
Net Contributions$592,706
Other Expense$104,870
Grants$734,450
Ending Balance$24,296,709

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