Century College Foundation

Organization Overview

Century College Foundation is located in White Bear Lake, MN. The organization was established in 1980. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, 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. Century 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 06/2023, Century College Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.3%) each year. All expenses for the organization totaled $2.0m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO HELP TRANSFORM AND ENHANCE THE LIVES OF OUR DIVERSE STUDENT POPULATION BY PROVIDING EDUCATIONAL OPPORTUNITIES, FINANCIAL SUPPORT, AND ADVOCACY ONE STUDENT AT A TIME.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS - THE FOUNDATION PROVIDES STUDENT SCHOLARSHIPS AND TUITION GRANTS AS WELL AS FACILITATES FUND REQUESTS FOR SPECIFIC PROGRAMS.


SUPPORT TO CENTURY COLLEGE - THE CENTURY COLLEGE FOUNDATION CONTRIBUTES DIRECTLY TO CENTURY COLLEGE ANY GIFTS, DEVICES, BEQUESTS AND TRANSFERS MADE TO THE FOUNDATION FOR THE BENEFIT OF CENTURY COLLEGE. SUPPORT CAN BE IN THE FORM OF RESTRICTED AND UNRESTRICTED GIFTS DIRECTLY TO CENTURY COLLEGE IN RESPONSE TO REQUESTS FOR FUNDS FROM FACULTY MEMBERS AND ADMINISTRATORS TO SUPPORT CAPITAL EXPENDITURES, PROGRAM DEVELOPMENT AND UPDATED TECHNOLOGY OR EQUIPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Melissa Martyr Wagner
President
$0
Steve Schad
Vice President
$0
Russell Fleming
Treasurer
$0
Liz Moscatelli
Secretary
$0
Danielle Gathje
Board Member
$0
David Berg
Board Member
$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$1,154,758
Noncash contributions included in lines 1a–1f $260,299
Total Revenue from Contributions, Gifts, Grants & Similar$1,154,758
Total Program Service Revenue$0
Investment income $183,591
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$71,451
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,266,898

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