NonprofitsRock Valley College Foundation

Education

Rock Valley College Foundation

ROCKFORD, IL

Total revenue

$1.1M

Total expenses

$1.4M

Net assets

$18.7M

Grants received

$2.2M

69 grants

EIN

363037232

Tax year

2023

Mission

The rock valley college foundation provides support to rock valley college and its students.

Programs

3 programs

Contributions to rock valley college during the year ended june 30, 2024. The foundation provided cash grants and assistance totaling $249,163.

Expenses: $249KGrants: $249K

Through emergency relief fund awards, the rvc foundation helped keep 50 students enrolled and on track to completion during unexpected financial crisis. These funds totaled $37,705.

Expenses: $38KGrants: $38K

The rvc foundation secured and/or managed program funds to support 80 unique programs within rock valley college ranging from student clubs, educational resources, campus beautification, and more.

Expenses: $53K

Financials

FY 2023

Revenue

Contributions & grants$1.2M
Program service revenue
Investment income
Other revenue
Total revenue$1.1M

Expenses

Grants paid$815K
Salaries & benefits$382K
Fundraising$137K
Other expenses$195K
Total expenses$1.4M
Total assets$20.5M
Net assets$18.7M

People

17 listed

NameRoleCompensation

ROBERT W SENSTROM

PRESIDENT

Board

2 hrs/wk

JOHN WOLF

VICE PRESIDENT

Board

2 hrs/wk

BRENT BERNARDI

SECRETARY

Board

2 hrs/wk

BRIDGETT COLEMAN

MEMBER

Board

2 hrs/wk

STEVEN GUNDERSON DO

MEMBER

Board

2 hrs/wk

JAMES PIRAGES

MEMBER

Board

2 hrs/wk

BRENT BRODESKI

MEMBER

Board

2 hrs/wk

JADEDIAH CANTREL

MEMBER

Board

2 hrs/wk

LESLY COUPER

MEMBER

Board

2 hrs/wk

JAMIE FANARA

MEMBER

Board

2 hrs/wk

IRA GRIMMETT

MEMBER

Board

2 hrs/wk

BARRY KRAMER

MEMBER

Board

2 hrs/wk

TAD OLSON

MEMBER

Board

2 hrs/wk

JAMES WADDELL

MEMBER

Board

2 hrs/wk

BRITTANY FREIBERG

CHIEF DEVELOPMENT OFFICER

Board

40 hrs/wk

ELLEN OLSON

TREASURER/CFO

Board

2 hrs/wk

SARAH SHUMWAY

ASSISTANT TREASURER

Board

14 hrs/wk

Grants received

Showing 69 of 69

FromAmountPurposeYear
$130K
Educational
2024
$71K
For purposes as specified in a grant application, fund agreement or gift instrument.
2024
$71K
For purposes as specified in a grant application, fund agreement or gift instrument.
2024
$12K
For purposes as specified in a grant application, fund agreement or gift instrument.
2024
$10K
PROGRAM SUPPORT
2024
$8K
Program Grant
2024
$2K
Educational assistance
2024
$126K
EDUCATIONAL
2023
$40K
PROGRAM SUPPORT
2023
$18K
FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT
2023
$15K
STARLIGHT THEATER SUPPORT
2023
$10K
PROGRAM SUPPORT
2023
$6K
For grant recipient's exempt purposes
2023
$162K
FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT
2022
$35K
PROGRAM SUPPORT
2022
$29K
CHARITABLE
2022
$15K
SUPPORT THE ROCK VALLEY COLLEGE STARLIGHT THEATRE
2022
$12K
PROGRAM SUPPORT
2022
$7K
For grant recipient's exempt purposes
2022
$5K
Program Support
2022
$139K
FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT
2021
$19K
PROGRAM SUPPORT
2021
$11K
PROGRAM SUPPORT
2021
$10K
Support of the Bowling Team
2021
$10K
Support of the Bowling Team
2021
$101K
FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT
2020
$84K
SCHOLARSHIPS/GRANTS
2020
$75K
CHARITABLE
2020
$19K
PROGRAM SUPPORT
2020
$10K
PROGRAM SUPPORT
2020
$100
EMPLOYEE MATCHING GIFTS
2020
$66K
FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT
2019
$55K
For grant recipient's exempt purposes
2019
$20K
Technology Van
2019
$150K
CHARITABLE
2018
$30K
UNRESTRICTED
2018
$19K
PROGRAM SUPPORT
2018
$11K
For grant recipient's exempt purposes
2018
$10K
PROGRAM SUPPORT
2018

Funded by

$2.2M from 27 funders · 69 grants · 2018–2024

Community Foundation of Northern IL

$640K · 8 grants · 2019–2024

Woodward Charitable Trust

$256K · 2 grants · 2023–2024

Stenstrom Foundation

$254K · 3 grants · 2018–2022

Bergstrom Inc Charitable Foundation Xxxxx2008

$245K · 7 grants · 2018–2024

Donald H Wrork Md Charitable Tr Ta

$131K · 5 grants · 2018–2023

American Online Giving Foundation Inc

$118K · 4 grants · 2021–2024

Fidelity Investments Charitable Gift Fund

$78K · 4 grants · 2018–2023

Details

EIN363037232
NTEE codeB42I
Subsection03
Ruling date1979-10
Formed1979
Employees0
Volunteers15
ROCK VALLEY COLLEGE FOUNDATION — Mission, Financials & Grants Received | Grantivo