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Monroe Community College Foundation, Inc. Organization Name provided in the GuideStar Exchange* as of 09/09/2014: Monroe Community College Foundation, Inc.

Organization Name as listed in the IRS Business Master File as of 08/11/2014: MONROE COMMUNITY COLLEGE FOUNDATION INC

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.

 
Rochester, NY
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GuideStar Summary

&1002;                GuideStar Exchange Committed to transparency ?
This organization is a Silver-level GuideStar Exchange participant, demonstrating its commitment to transparency.

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&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2013, 2012, and 2011 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is available
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Basic Organization Information

Monroe Community College Foundation, Inc. Organization Name provided in the GuideStar Exchange* as of 09/09/2014: Monroe Community College Foundation, Inc.

Organization Name as listed in the IRS Business Master File as of 08/11/2014: MONROE COMMUNITY COLLEGE FOUNDATION INC

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Physical Address: Rochester, NY 14604 
EIN: 16-1204210
Web URL: www.monroecc.edu/depts/Foundation/ 
NTEE Category: T Philanthropy, Voluntarism, and Grantmaking
T12 Fund Raising and/or Fund Distribution
B Educational Institutions
B41 Community/Junior College
Ruling Year: 1983 


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Mission Statement

The Foundation's purpose is to seek and secure private funds to supplement MCC traditional revenue sources. Through ongoing efforts, it provides scholarship assistance, faculty enrichment programs, funding for equipment, and seed money for innovative programs.

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990 or 990-EZ.

Institutional funders should note that an organization’s inclusion on GuideStar.org does not satisfy IRS Rev. Proc. 2011-33 for identifying supporting organizations.

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Annual Revenue & Expenses (GuideStar Exchange,
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September 2014)

Fiscal Year Starting: September 1, 2012
Fiscal Year Ending: August 31, 2013

Total Revenue $5,084,483
Total Expenses $3,730,718

Revenue & Expenses (GuideStar Exchange,
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September 2014)

Fiscal Year Starting: September 1, 2012
Fiscal Year Ending: August 31, 2013

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Balance Sheet (IRS Form 990)

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Forms 990 Received from the IRS Additional Information
IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar website is an ongoing process.

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Forms 990 Provided by the Nonprofit

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Financial Statements

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Annual Reports

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Leadership (GuideStar Exchange,
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September 2014)

Ms. Diane L. Shoger

Profile:

Ms. Shoger joined the MCC Foundation as Director of Development and Major Gifts in 1999 overseeing two capital campaigns which raised over $19 million and secured eight gifts of $1 million+. She was promoted to Executive Director in 2008, and now manages a comprehensive and nationally recognized development program including annual and alumni giving, special events, planned giving and major gifts. Her work with major donors, corporations, community philanthropists, faculty and friends has helped to promote giving and increase the culture of philanthropy across MCC's campuses and throughout the Greater Rochester community. Ms. Shoger has over thirty years experience at the senior management level and extensive experience in nonprofit management, including volunteer and board management, programming and implementation of successful donor cultivation, solicitation and fundraising events. Ms. Shoger received a M.S. degree in Educational Administration Foundations and a B.S. in Special Education from Illinois State University. Prior to joining the MCC Foundation, her expertise and skills were honed with the Special Olympics organization, first as Vice President of Program and then as Chief Operating Officer for the New York Chapter.

Leadership Statement:

The American Dream starts at Monroe Community College. Community Colleges enroll 6.5 million students - almost half of all undergraduates - and nearly 70% of community college students are enrolled in transfer programs. The rise in community college enrollment mirrors the demand for economic revitalization. By attracting talented, creative people with the intellectual firepower essential for growth, MCC helps translate knowledge in to jobs. Every Bright Future Needs a Stong Foundation will provide financial assistance to students with unmet financial need, those demonstrating academic excellence and those seeking workforce training. Additionally, it will support program initiatives and unique opportunities for MCC students to learn and thrive. And, most importantly, it will enable deserving students to achieve their educational dream and graduate from a degree or certificate program at MCC.

Board Chair (GuideStar Exchange,
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September 2014)

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Board Co-Chair

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Board of Directors (GuideStar Exchange,
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September 2014)

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Board Leadership Practices (GuideStar Exchange,
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September 2014)
?

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices.

Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Response Not Provided
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
Response Not Provided
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Response Not Provided
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Response Not Provided
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
Response Not Provided

Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

Highest Paid Employee data is not available for this organization.

People information was last updated by the nonprofit in September 2014

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Programs

Program: Philanthropy (GuideStar Exchange,
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September 2014)

Budget:
--
Category:
Population Served:
General Public/Unspecified

Program Description:

Increasing numbers of astute philanthropists have already recognized that private support is essential if MCC is to thrive, remain affordable, and maintain its margin of excellence. Contributions - intellectual, emotional, and financial - will bequeath a precious legacy for the 21st century while helping to assure a healthy future for all the citizens of Monroe County.

Program Long-Term Success:

Monroe Community College received a $1.5 million challenge grant from the Chesonis Family Foundation to help build the PAC Center at Monroe Community College.

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

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Impact Summary from the Nonprofit

The Foundation's goal is to enhance the Greater Rochester area, grow the local economy and ensure a brighter future by making the dream of a college education a reality.
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Reviews

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