Program areas at Southwest Virginia Community College Educational Foundation
Southwest Virginia Community College Educational Foundation, Inc. purpose is to support the mission of the swcc College and to help meet the needs of and provide opportunities for students, faculty and staff by striving to provide economic stability by assisting the swcc College in meeting the needs of today and the challenges of tomorrow. Expenses have been allocated to the swcc College if they are correlated or directly paid for the swcc College's assets, activities, including staff, students, clubs, and direct overall support.
The Foundation's program activities relate to its directly related expenses. This includes the Foundation's operations, including payroll and overall support of its own assets and activities. A majority of these expenses are for the activities on the grundy booth center and the appalachian arts center, including the allocation of depreciation.
Who funds Southwest Virginia Community College Educational Foundation
Grants from foundations and other nonprofits
Personnel at Southwest Virginia Community College Educational Foundation
| Name | Title | Compensation | Date of data |
|---|
| Susan Lowe | Executive Director | $0 | 2023-06-30 |
| Scott Butcher | Board Chair | $0 | 2024-04-18 |
| Marco Warner | Board Vice - Chair | $0 | 2023-06-30 |
| Thomas Wright | Board Secretary | $31,000 | 2023-06-30 |
| Chris Lewis | Board Treasurer | $0 | 2021-06-30 |
| ...and 2 more key personnel |
Financials for Southwest Virginia Community College Educational Foundation
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $4,092,699 | $2,003,174 | 104.3% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $551,617 | $1,432,566 | -61.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $96,635 | $-54,189 | 278.3% |
| Net gain from sale of non-inventory assets | $455,570 | $15,635,886 | -97.1% |
| Net income from fundraising events | $6,420 | $-18,259 | 135.2% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $54,685 | $2,460 | 2123% |
| Total revenues | $5,257,626 | $19,001,638 | -72.3% |
Organizations like Southwest Virginia Community College Educational Foundation
| Organization | Type | Location | Revenue |
|---|
| Canyons School District Education Foundation | 501(c)(3) | Sandy, UT | $1,470,870 |
| Chadron State Foundation | 501(c)(3) | Chadron, NE | $2,681,948 |
| Salisbury University Foundation | 501(c)(3) | Salisbury, MD | $7,805,094 |
| Lehman College Foundation | 501(c)(3) | Bronx, NY | $4,243,493 |
| Metropolitan State University of Denver Foundation | 501(c)(3) | Denver, CO | $13,343,630 |
| Concord University Foundation | 501(c)(3) | Athens, WV | $2,226,125 |
| Bismarck State College Foundation | 501(c)(3) | Bismarck, ND | $5,589,699 |
| Valley City State University Foundation | 501(c)(3) | Valley City, ND | $2,329,236 |
| Patrick and Henry Community College Foundation | 501(c)(3) | Martinsville, VA | $3,192,343 |
| University of North Florida Foundation | 501(c)(3) | Jacksonville, FL | $17,199,983 |
Data update history
May 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 3 new personnel
May 18, 2024
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsState / local levelReceives government fundingFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
- Address
- PO Box 1101
- Richlands, VA 24641
- County
- Tazewell County, VA
- Website URL
- sw.edu/Â
- Phone
- (276) 964-7304
IRS details
- EIN
- 54-1168575
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1981
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B84: Alumni Associations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Central organization
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