Dutchess Community College Foundation Inc

What it reported doing in 2024

The foundation provides educational grants to support the welfare, development, and programs of dutchess community college and its students. During the fiscal year, grants were awarded for student scholarships, emergency aid, faculty projects, and academic initiatives. Each year, select faculty are honored with endowed chairs recognizing teaching excellence. Recipients receive a stipend and funding to host guest speakers, attend conferences, or pursue educational projects, many featuring distinguished speakers, including pulitzer and nobel prize winners. The foundation also funds technology upgrades and campus improvements that enhance the student learning experience.dcc cares and the pantry: supported by the foundation, these programs provide wrap-around assistance to students with additional needs. Dcc cares offers grants for personal emergencies and academic expenses, while the pantry serves food-insecure students, faculty, and staff. Together, these programs help students stay enrolled and access the resources they need to succeed in college. Craft fair: dutchess community college hosted the annual dcc foundation holiday craft fair the weekend after thanksgiving, featuring nearly 100 artisans. This long-standing community tradition attracts more than 2,000 attendees and offers a unique opportunity to shop for one-of-a-kind, handcrafted gifts. Held november 30th and december 1st, 2024, in falcon and drumlin halls on the poughkeepsie campus, the juried fair showcased fine art, handmade goods, and specialty food vendors continuing a beloved tradition of more than 50 years.gala: the dutchess community college foundation's community's bridge to the future gala was held at the grandview in poughkeepsie, ny, on march 29, 2025, with 322 attendees. The event celebrated the college's vital role as a bridge to success for many in the community. Honorees included yvonne d. Flowers '90 and kirk a. Imperati '89, both inducted into the alumni hall of fame for their outstanding professional accomplishments and commitment to the community. Dutchess boces, poughkeepsie city school district and wappingers central school district received the bridge to the future award honored for their collaborative efforts to advance education and equity in our region. Eleanor r. Charwat was honored with the bernard handel community leadership award in recognition for her decades-long dedication to education, civic involvement and advocacy. Proceeds from the gala support the mission of the dutchess community college foundation, which works to provide resources and opportunities for the college and its students.the 34th annual dutchess community college foundation golf tournament and dinner, held in memory of jack orcutt, took place on may 19, 2025, at the mccann memorial golf course in poughkeepsie. With 17 foursomes participating, the event brought together supporters to enjoy a day of golf and camaraderie. Proceeds from the tournament benefit the foundation's mission and provide crucial funding for educational initiatives that enhance the college's programs and opportunities for students.

Financial Efficiency

• Mission deployment rate: 62.4%; rating input score 62
• Program expense ratio: 43.7%; rating input score 44
• Fundraising efficiency: $2.71 raised per $1 spent on fundraising; rating input score 8; 8th percentile among comparable filings

Transparency & Controls

• Consistency checks: 93.8%; rating input score 94; 24th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 87.6%; rating input score 88; 37th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 8 controls in place; rating input score 88
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 18.4%; rating input score 74; 74th percentile among comparable filings
• Total-asset coverage ratio: 13.61; rating input score 94; 94th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 70; 70th percentile among comparable filings
• Officer compensation ratio: Limited

Growth

• Program expense growth: 3.5% per year; rating input score 100; 34th percentile among comparable filings
• Revenue growth: 5% per year; rating input score 100; 43rd percentile among comparable filings
• Asset growth: 6.8% per year; rating input score 100; 47th percentile among comparable filings