Glen Oaks Community College Foundation

Organization Overview

Glen Oaks Community College Foundation is located in Centreville, MI. 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. Glen Oaks 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, Glen Oaks Community College Foundation generated $326.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $241.0k during the year ending 06/2022. 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

AWARD SCHOLARSHIPS TO STUDENTS, PROVIDE FUNDING TO ENHANCE INSTRUCTIONAL EQUIPMENT, CAMPUS

Describe the Organization's Program Activity:

Part 3 - Line 4a

AWARD FOUNDATION SCHOLARSHIPS AND GRANTS TO STUDENTS AND STAFF OF GLEN OAKS COMMUNITY COLLEGE AND SUPPORT FACILITY CAPITAL PROJECTS AND OTHER STUDENT SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Dr Philip G Ward
Secretary
$0
John Dresser
Vice President
$0
Phyllis Youga
President
$0
Dawn Griffith
Treasurer
$0
Vonda Marrow
Executive Director
$0
Kelly Bibb
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$105,332
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$105,332
Total Program Service Revenue$0
Investment income $95,176
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $126,307
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $326,815

Grants Awarded

Over the last fiscal year, Glen Oaks Community College Foundation has awarded $100,568 in support to 2 organizations.

Grant RecipientAmount

GLEN OAKS COMMUNITY COLLEGE

PURPOSE: GRANTS AND SCHOLARSHIP FUNDS TO THE COLLEGE DISBURSED THROUGH THE FINANCIAL AID OFFICE.

$61,182

GLEN OAKS COMMUNITY COLLEGE

PURPOSE: FOOD PANTRY - $1886; CAPITAL OUTLAY - $37,500

$39,386
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Glen Oaks Community College Foundation has recieved totaling $2,000.

Awarding OrganizationAmount
Evergreene Foundation

Otsego, MI

PURPOSE: ASSIST IN SW MICHIGAN COMMUNITIES

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,385,644
Earnings-$361,671
Net Contributions$15,230
Grants$61,246
Ending Balance$2,977,957

Peer Organizations

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$69,143,599
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$27,043,165
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$25,592,429
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$22,321,880
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$18,081,025
Christ College Of Nursing Andhealth Sciences
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$16,669,063
Ancilla Domini College
Plymouth, IN
$14,414,276
Baker College
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$9,486,714
College Of The Menominee Nation
Keshena, WI
$11,637,458
Lac Courte Oreilles Ojibwe College
Hayward, WI
$10,229,989
The Chatfield Edge
St Martin, OH
$3,802,569

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