Terra College Foundation

Terra College Foundation

Fremont, OH 43420
Tax ID34-1650500

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More about this organization

Mission

The Terra College Foundation is organized and operated exclusively for educational, charitable, or scientific purposes by conducting and supporting activities which benefit or carry out the educational programs and services of Terra Community College, including, but not limited to the following: to render financial assistance to the educational programs, service and facilities of Terrra State Community College, a state institution of higher learning, authorized and existing under chapter 3358 of the state of Ohio. The foundation raises and administers funds to support student scholarships and to purchase instructional laboratory equipment for the learning labs.

About

Solicited contributions to be used for student scholarships and grants at Terra Community College and program expenses and provided funds to Terra Community College for scholarships, equipment purchases and grants.

Revenue

$1,145,922

Expenses

$894,546

Website

terra.edu

Interesting data from their 2020 990 filing

The filing specifies the mission of the non-profit as “The terra college foundation is organized and operated exclusively for educational, charitable, or scientific purposes by conducting and supporting activities which benefit or carry out the educational programs and services of terra community college, including, but not limited to the following: to render financial assistance to the educational programs, service and facilities of terrra state community college, a state institution of higher learning, authorized and existing under chapter 3358 of the state of ohio. the foundation raises and administers funds to support student scholarships and to purchase instructional laboratory equipment for the learning labs.”.

When explaining its duties, they were described as: “The terra college foundation is organized and operated exclusively for educational, charitable, or scientific purposes by conducting and supporting activities which benefit or carry out the educational programs and services of terra community college, including, but not limited to the following: to render financial assistance to the educational programs, service and facilities of terrra state community college, a state institution of higher learning, authorized and existing under chapter 3358 of the state of ohio. the foundation raises and administers funds to support student scholarships and to purchase instructional laboratory equipment for the learning labs.”.

  • The state in which the non-profit is authorized to operate legally is OH.
  • According to the filing, the address of the non-profit for the year 2020 is 2830 NAPOLEON RD, FREMONT, OH, 43420.
  • The non-profit has reported 0 employees on their form for the year 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $251,376.
  • The compensation policy for the CEO of the organization is not based on a thorough evaluation and endorsement by an impartial entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 7 independent voting members.
  • The organization was formed in 1990.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $68,004 in fundraising expenses.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.