Community College Of Philadelphia Foundation

Organization Overview

Community College Of Philadelphia Foundation is located in Philadelphia, PA. The organization was established in 1990. 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. Community College Of Philadelphia 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, Community College Of Philadelphia Foundation generated $4.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $3.3m during the year ending 06/2022. While expenses have increased by 4.3% 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.

Since 2015, Community College Of Philadelphia Foundation has awarded 22 individual grants totaling $15,924,811. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

RAISING PHILANTHROPIC FUNDS TO SUPPORT THE COLLEGE, ITS STUDENTS, PROGRAMS AND INITIATIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO SUPPORT STUDENT AND FACULTY PROGRAMS AND OTHER SPECIAL PROJECTS AT COMMUNITY COLLEGE OF PHILADELPHIA. THESE INCLUDE STUDENT SUCCESS AND SUPPORT INITIATIVES, FACULTY SUPPORT, AND COMMUNITY ENGAGEMENT, INCLUDING A SMALL BUSINESS TRAINING PROGRAM.


SCHOLARSHIPS, EMERGENCY FUNDS AND AWARDS TO COMMUNITY COLLEGE OF PHILADELPHIA STUDENTS. APPROXIMATELY 1,250 STUDENTS WERE AWARDED FUNDING TO OFFSET THE COSTS OF TUITIONS, FEES, TEXTBOOKS, AND OTHER EDUCATIONAL EXPENSES AND BASIC NEEDS.


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Board, Officers & Key Employees

Name (title)Compensation
Sulaiman Rahman
Vice President
$0
Rasheia R Johnson
Treasurer
$0
Ellyn Jo Waller
Board President
$0
Timothy N Spreitzer
Secretary
$0
Mellissia Zanjani
Executive Director
$0
Nick Bayer
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$783,145
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,813,453
Noncash contributions included in lines 1a–1f $144,770
Total Revenue from Contributions, Gifts, Grants & Similar$4,596,598
Total Program Service Revenue$0
Investment income $349,400
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$35,103
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,924,395

Grants Awarded

Over the last fiscal year, Community College Of Philadelphia Foundation has awarded $1,972,617 in support to 3 organizations.

Grant RecipientAmount

COMMUNITY COLLEGE OF PHILADELPHIA

PURPOSE: PROGRAM SUPPORT

$1,597,617

COMMUNITY COLLEGE OF PHILADELPHIA

PURPOSE: PROGRAM SUPPORT - CAPITAL

$315,000

COMMUNITY COLLEGE OF PHILADELPHIA

PURPOSE: PROGRAM SUPPORT - SINGLE STOP

$60,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 28 grants that Community College Of Philadelphia Foundation has recieved totaling $2,019,246.

Awarding OrganizationAmount
Goldman Sachs Foundation

New York, NY

PURPOSE: GRANT TO IMPLEMENT THE 10,000 SMALL BUSINESSES INITIATIVE IN THE GREATER PHILADELPHIA AREA

$1,397,728
Mosi Foundation

Bryn Mawr, PA

PURPOSE: CHARITABLE PURPOSES

$119,331
Pincus Family Foundation

Wilmington, DE

PURPOSE: PINCUS FAMILY FOUNDATION EMERGENCY FUND/SCHOLARSHIP FUND TO THE FINISH LINE/FOOD INSECURITY FUND

$75,000
Ambrose Monell Foundation

New York, NY

PURPOSE: $75,000 IN 2022 FOR APPLICATION TO THE STUDENT-FACULTY INTERNATIONAL STUDY ABROAD PROGRAM

$75,000
Ambrose Monell Foundation

New York, NY

PURPOSE: $50,000 FOR APPLICATION TO STUDENT-FACULTY INTERNATIONAL STUDY ABROAD PROGRAM.

$50,000
Gilroy And Lillian P Roberts Charitable Foundation

Philadelphia, PA

PURPOSE: UNRESTRICTED

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$14,830,010
Earnings-$2,231,563
Admin Expense$43,186
Net Contributions$472,663
Grants$300,771
Ending Balance$12,727,153

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