Kentucky · Nonprofit
COLLEGE FOUNDATION INC
COLLEGE FOUNDATION INC (Kentucky) receives grants from 7 organizations whose IRS filings report $444,442 to it, the largest being JOYCE AND VD SCOTT FOUNDATION ($154,350). 3 of them have funded it in more than one year.
- Revenue FY2025
- $409k
- Funders on record
- 7
- Grants received
- $444k
- Net assets
- $3.2M
What College Foundation Inc does
Mission
Fundraising arm for henderson community college to provide support and scholarships as needed.
As stated on its FY2025 Form 990.
Programs
The college foundation, inc. Provides support for student scholarships at henderson community college. The foundation now provides financial support for approx. Twenty scholarship programs for the college. The awards range from 120 to 750 per semester to assist in the cost of tuition and books/fees. Additional financial support was provided to assist high school students in obtaining college credit through ap courses provided at their local high schools. The foundation provides financial support for the rotary colonels to college and braves to college programs which provides scholarships (administered by the college) to eligble students of henderson and union counties, respectively, who meet specific criteria to continue their education at henderson community college. Funds for these programs are remitted annually to the college's common fund where matching funds are awarded by the state of kentucky.
$16,360 spentof which $16,360 as grants35% of program spendingThe college foundation, inc. Provides financial support to the faculty and staff of henderson community college to maintain quality programs, to provide for student academic activities, and assist in public relations, professional development and recruiting. These funds allow the president to respond to the needs and opportunites to enhance the experience of students at the henderson campus.
$30,270 spentof which $30,270 as grants65% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $46,630.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $2.2M to $2.7M (+21%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
35% of COLLEGE FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (57% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Jinger Carter
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $48k → $46k.
1 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of COLLEGE FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
COLLEGE FOUNDATION INC leans on a few funders — its largest provides 35% of grant income and the top three 81%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
33% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund COLLEGE FOUNDATION INC.
Largest funder’s share by year: 2017 52% · 2018 72% · 2019 70% · 2020 74% · 2021 73% · 2022 66% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
58% of COLLEGE FOUNDATION INC's grant income comes from Kentucky funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $8k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
COLLEGE FOUNDATION INC runs a healthier operating margin than three-quarters of the 16,849 education nonprofits its size.
this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025
Organizations like COLLEGE FOUNDATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Kentucky
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
71% of spending goes to programs.
Governance
Public support
45%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for COLLEGE FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds COLLEGE FOUNDATION INC?
- COLLEGE FOUNDATION INC (Kentucky) receives grants from 7 organizations whose IRS filings report $444,442 to it, the largest being JOYCE AND VD SCOTT FOUNDATION ($154,350). 3 of them have funded it in more than one year.
- How many funders does COLLEGE FOUNDATION INC have?
- IRS filings report 7 organizations giving $444,442 in grants to COLLEGE FOUNDATION INC, 3 of which have funded it in more than one year.
- Who is the largest funder of COLLEGE FOUNDATION INC?
- JOYCE AND VD SCOTT FOUNDATION is the largest funder on record, with $154,350 in grants. The full list of funders is on this page.
- How can an organization like COLLEGE FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing