Sinclair Community College Foundation

Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
The BBB Wise Giving Alliance requested but did not receive complete information from the organization and is unable to verify the organization's compliance with the following Standard(s) for Charity Accountability: 8, 10
Sinclair Community College Foundation meets the remaining 18 Standards for Charity Accountability.
Stated Purpose:
According to Sinclair Community College Foundation, its mission is "to keep higher education accessible through student scholarships and program support and to help Sinclair remain among the nation's leading community colleges."
Year, State Incorporated:
1969, OH
Sinclair Community College Foundation's activities include raising and providing resources for scholarship and educational innovation.
For the year ended June 30, 2024, Sinclair Community College Foundation's program expenses were:
Programs | $2,285,712 |
Total Program Expenses | $2,285,712 |
Chief Executive
Madeline Iseli, Vice President for Advancement
Chair of the Board
Bill Whistler, Chairman
Chair's Profession / Business Affiliation
Shook Construction
Board Size
20
Paid Staff Size
9
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Sinclair Community College Foundation's audited financial statements for the year ended June 30, 2024.
Source of Funds
Net Investment Income | $4,461,530 |
Contributions of Cash and Financial Assets | $2,001,086 |
Contributions of Nonfinancial Assets | $718,388 |
Administration Fee Income | $121,197 |
Lease Income | $54,518 |
Other Income | $-4,277 |
Total Income | $7,352,442 |
Programs: 63% Fundraising: 13% Administrative: 24%
Total Income | $7,352,442 |
Total expenses: | $3,628,320 |
Program expenses | $2,285,712 |
Fundraising expenses | $466,036 |
Administrative expenses | $876,572 |
Other expenses | $0 |
Income in Excess of Expenses | $3,724,122 |
Beginning Net Assets | $42,021,072 |
Other Changes In Net Assets | $0 |
Ending Net Assets | $45,745,194 |
Total Liabilities | $540,476 |
Total Assets | $46,285,670 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.