Bluegrass Community & Technical College Foundation Inc

Organization Overview

Bluegrass Community & Technical College Foundation Inc is located in Lexington, KY. The organization was established in 2007. 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. Bluegrass Community & Technical College Foundation Inc 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, Bluegrass Community & Technical College Foundation Inc generated $865.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $222.9k 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

TO SUPPORT THE MISSION OF THE BLUEGRASS COMMUNITY AND TECHNICAL COLLEGE BY STIMULATING VOLUNTARY FINANCIAL SUPPORT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE LATINX FUND PROVIDES SUPPORT TO BCTC'S NATIONALLY RECOGNIZED LATINX AND IMMIGRANT SERVICES OFFICE TO PROVIDE SUMMER PROGRAMMING AND STUDENT SUPPORT FOR THE LAITNX LEADERSHIP AND COLLEGE EXPERIENCE CAMP. THE LLCEC PROVIDES AN IMMERSIVE COLLEGE EXPERIENCE PROGRAM THAT FOCUSES ON COLLEGE AND CAREER PLANNING, LEADERSHIP DEVELOPMENT, PROBLEM SOLVING, AND ARTS AND STEM EDUCATION THAT FOCUSES ON SOCIAL ISSUES IMPORTANT TO THE STUDENTS SERVED. THE LLCEC ALSO PROVIDE PARTICIPANTS WITH ONLINE WORKSHOPS AND MENTORING, SCHOLARSHIP PLANNING AND SUPPORT, AND REFERRALS TO LOCAL LEADERSHIP OPPORTUNITIES.


THE OPERATION READ PROGRAM ALLOWS VOLUNTEERS TO TEACH INDIVIDUALS HOW TO SPEAK, READ, AND WRITE FLUENT ENGLISH. FUNDS PROVIDE VOLUNTEER SUPPORT IN THE FORM OF TRAINING AND MATERIALS TO USE WITH STUDENTS. CURRENT PARTICIPANTS ARE FROM ALL OVER THE WORLD AND MANY ARE REFUGEES FROM DEMOCRATIC REPUBLIC OF CONGO, BHUTAN, OR IRAQ.


THE INFORMATICS PROGRAM WAS CREATED IN RESPONSE TO THE EXPANDING NEED FOR COMPUTER SCIENTISTS IN CENTRAL KENTUCKY AND THE LIMITED AVAILABILITY OF HIGHLY SKILLED WORKERS. BCTC FORMALIZED RELATIONSHIPS WITH SEVERAL AREA HIGH SCHOOLS, WITH DIVERSE STUDENT POPULATION, TO TRAIN STUDENTS, ASSIST WITH THEIR INTERACTION WITH BCTC, AND PARTICIPATE IN EXPERIENTIAL EDUCATIONAL OPPORTUNITIES WITH ACADEMIC AND COMMUNITY BUSINESS LEADERS IN THE FIELD OF COMPUTER AND INFORMATION TECHNOLOGY.


VARIOUS PROGRAMS OPERATED TO SUPPORT THE EXEMPT MISSION OF BLUEGRASS COMMUNITY AND TECHNICAL COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Connie Harvey
Chairwoman
$0
Claudia Goggin
Treasurer
$0
Richard Webb
Vice Chairman
$0
Christian Hockensmith
Secretary
$0
W Mark Manuel
Executive Director
$0
Suniti Mujumdar
Director
$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$839,322
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$839,322
Total Program Service Revenue$2,763
Investment income $5,471
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $17,678
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $865,234

Grants Awarded

Over the last fiscal year, Bluegrass Community & Technical College Foundation Inc has awarded $359,541 in support to 2 organizations.

Grant RecipientAmount

BLUEGRASS COMMUNITY AND TECHNICAL COLLEGE

PURPOSE: TO PROVIDE CONTINUED SUPPORT FOR A VARIETY OF SPECIAL PROGRAMS AND INITIATIVES AT BLUEGRASS COMMUNITY AND TECHNICAL COLLEGE.

$343,993

BLUEGRASS COMMUNITY AND TECHNICAL COLLEGE

PURPOSE: TO PROVIDE CONTINUED SUPPORT FOR A VARIETY OF SPECIAL PROGRAMS AND INITIATIVES AT BLUEGRASS COMMUNITY AND TECHNICAL COLLEGE.

$15,548
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Bluegrass Community & Technical College Foundation Inc has recieved totaling $15,044.

Awarding OrganizationAmount
Blue Grass Community Foundation Inc

Lexington, KY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION

$15,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$44
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$253,494
Earnings-$72,491
Net Contributions$404,692
Other Expense$1,346
Grants$12,000
Ending Balance$572,349

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