Educational Institutions

GREENVILLE TECH FOUNDATION INC

  • Greenville, SC
  • www.greenvilletechfoundation.org

Mission Statement

Greenville Tech Foundation, founded in 1973, is a 501(c)(3) corporation further classified as a 509(a)(3) under the Internal Revenue Code. It is totally separate from Greenville Technical College but operates for the benefit of the College and its students. The Greenville Tech Foundation provides financial support to Greenville Technical College and its students beyond that which can be obtained from federal, state and local governmental funding sources. It acquires its funding through charitable contributions from business, industry, foundations, organizations and individuals. The Foundation is governed by a board of directors comprised of recognized Greenville County leaders in business and industry. It's website is www.greenvilletechfoundation.org.

Greenville Technical College, founded in 1962, is fully accredited. It is one of the largest two-year colleges in South Carolina. It offers over 110 degree and certification programs, serving over 12,000 academic students and over 20,000 continuing education students annually. Its website is www.gvltec.edu. Among its many recognitions, it has been named a Military Friendly School by G.I. Jobs magazine for several consecutive years. The honor ranks the College in the top 15% of all colleges, universities, and trade schools that are doing the most to serve America's military service members, veterans, and their families. Another recognition: The College has also been recognized among 83 colleges and universities as a recipient of the 2014 Higher Education Excellence in Diversity Award from INSIGHT into Diversity Magazine.

Main Programs

  1. In Kind Equipment for College Programs
  2. Purchased Equipment for College Programs
  3. Student Scholarships
  4. College Educational Support
Service Areas

Self-reported

South Carolina

Primarily Greenville County, SC, and surrounding counties.

ruling year

1974

Mr.

Self-reported

Mr. Robert Howard

Foundation Manager

Self-reported

Mr. Butler Mullins

Keywords

Self-reported

Established in 1973, The Greenville Tech Foundation, Inc. is a non-profit corporation totally separate from Greenville Technical College but operating for the benefit of the college.

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EIN

57-0565961

 Number

4998894690

Physical Address

225 S. Pleasantburg Drive E-11

Greenville, SC 29607

Contact

Cause Area (NTEE Code)

Fund Raising and/or Fund Distribution (B12)

IRS Filing Requirement

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

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

The Foundation was established solely to assist Greenville Technical College to provide a quality college education at modest costs and to reduce financial barriers to higher education. The Foundation provides financial support to the college and students beyond that which can be obtained from federal, state and local governmental funding sources. The Foundation acquires its funding through charitable contributions from businesses, industries, foundations, organizations, and individuals. These tax-deductible contributions are made by cash, real or personal property, securities, bequests, or by naming the Foundation as beneficiary of insurance policies, trusts, or retirement plans. Gifts are designated or unrestricted and are made on a one-time basis or spread over several years.

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

In Kind Equipment for College Programs

Not available

Category

None

Population(s) Served

Adults

None

None

Budget

Program 2

Purchased Equipment for College Programs

Not available

Category

None

Population(s) Served

Adults

None

None

Budget

Program 3

Student Scholarships

Not available

Category

None

Population(s) Served

Adults

None

None

Budget

Program 4

College Educational Support

Not available

Category

None

Population(s) Served

Adults

None

None

Budget

Charting Impact

Self-reported by organization

Five powerful questions that require reflection about what really matters - results.

  1. What is the organization aiming to accomplish?
    1) Raise $1.2 million for the annual fund to assist Greenville Technical College and its students.
    2) Raise more than $3 million in 2016 in a separate capital campaign for the scholarship endowment and other needs at Greenville Technical College.
    3) Undertake additional funding for Greenville Technical College as requested and as appropriate.
  2. What are the organization's key strategies for making this happen?
    1) Solicitations of individuals, corporations, businesses, foundations, and organizations.
    2) Annual fundraising dinner.
    3) Annual faculty/staff fundraising campaign.
    4) Capital campaign, separate from the annual campaign, during 2015 and 2016.
  3. What are the organization's capabilities for doing this?
    We believe we have the capabilities to achieve our goals. Our staff and board provide experience, expertise and leadership. Both the Foundation and the College have excellent reputations in the community.
  4. How will they know if they are making progress?
    1) Historical success raising money to achieve our goals.
    2) Ability to respond appropriately to requests made by the College.
  5. What have and haven't they accomplished so far?
    1) Due to a one-time $3 million gift, we greatly exceed our annual campaign goal for 2014.
    2) The capital campaign (separate from the annual campaign) for the student scholarship endowment and other needs of the College began in January, 2015. We undertook this challenge without increasing staff. In 2015, the capital campaign raised $3,461,941. We have a goal of raising another $3,000,000+ in 2016.
    3) We have consistently been able to respond positively to requests from the College. Our working relationship is excellent and is conducted responsibly.
    4) We have not yet obtained the number of will appointments and planned gifts we hope to receive.
Service Areas

Self-reported

South Carolina

Primarily Greenville County, SC, and surrounding counties.

Additional Documents

Social Media

External Reviews

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

GREENVILLE TECH FOUNDATION, INC.
Fiscal year: Jan 01-Dec 31
Yes, financials were audited by an independent accountant.

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Operations

The people, governance practices, and partners that make the organization tick.

GREENVILLE TECH FOUNDATION INC

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2014, 2013 and 2013
  • Board Chair, Board Co-Chair and Board Members
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Mr.

Mr. Robert Howard

Foundation Manager

Mr. Butler Mullins

Governance

BOARD CHAIR

Sam Erwin

BOARD LEADERSHIP PRACTICES

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. Self-reported by organization

Yes

BOARD ORIENTATION & EDUCATION

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?

Yes

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?

Yes

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?

Yes

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?

No

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?


ORGANIZATIONAL DEMOGRAPHICS

In order to support nonprofits and gain valuable insight for the sector, GuideStar worked with D5—a five-year initiative to advance diversity, equity, and inclusion in philanthropy—in creating a questionnaire. This section is a voluntary questionnaire that empowers organizations to share information on the demographics of who works in and leads organizations. To protect the identity of individuals, we do not display sexual orientation or disability information for organizations with fewer than 15 staff. Any values displayed in this section are percentages of the total number of individuals in each category (e.g. 20% of all Board members for X organization are female).

Gender
Race & Ethnicity
Sexual Orientation

We do not display sexual orientation information for organizations with fewer than 15 staff.

Disability

We do not display disability information for organizations with fewer than 15 staff.

Diversity Strategies
Yes
We track retention of staff, board, and volunteers across demographic categories
No
We track income levels of staff, senior staff, and board across demographic categories
No
We track the age of staff, senior staff, and board
Yes
We track the diversity of vendors (e.g., consultants, professional service firms)
No
We have a diversity committee in place
No
We have a diversity manager in place
Yes
We have a diversity plan