Miami Dade College Foundation Inc.
Miami Dade College Foundation Inc.
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About this organization
Mission
To provide direct support to Miami Dade College.
About
The foundation is the direct support organization for Miami Dade College, the largest college in the country. Students can pursue degrees on the college's eight campuses and other outreach centers in Miami. A majority of the students are considered low income and live below the federal poverty level. The 'opportunity changes everything' philosophy supports giving scholarships to students to improve their lives through education. The foundation awarded numerous scholarships during the current year, with a vast majority to students attending Miami Dade College. The remaining scholarships were awarded to graduates of MDC for further studies at other colleges and universities.
Interesting data from their 2019 990 filing
The filing clearly states the mission of the non-profit as “See schedule o for the organization's mission statement:miami dade college foundation, inc is a florida not-for-profit corporation formed to serve as a direct-support organization, as defined in section 1004.70 of the florida statutes, of miami dade college, which is legally separate but financially accountable to the college. the foundation was organized and operates exclusively to receive, hold, invest, and administer property and to make expenditures to, or for the benefit of the college including educational and cultural events.”.
When outlining its functions, they were explained as: “To provide direct support to miami dade college.”.
- In compliance with legal regulations, the non-profit has reported their state of operation as FL.
- The filing records the non-profit's address for 2019 as 300 NE 2ND AVENUE NO 1423-1, MIAMI, FL, 33132.
- As of 2019, the non-profit's form reports a total of 0 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $7,433,745.
- The organization has 16 independent voting members.
- The organization was formed in 1996.
- The organization pays $1,602,401 in salary, compensation, and benefits to its employees.
- The organization pays $53,042 in fundraising expenses.