Finances

As a steward of the public trust, The Foundation at Monroe County Community College values honesty and integrity in our relationships with our College, our donors, and our community, while always remaining student-focused. We embrace an unwavering commitment to organizational integrity and transparency about our finances.  

Statement of Financial Position

 

DURING THE FISCAL YEAR* 2021-2022
DURING THE FISCAL YEAR*We received contributions totaling 2021-2022$867,359
DURING THE FISCAL YEAR*Investment losses of 2021-2022

($1,271,855)

DURING THE FISCAL YEAR*Special event revenues of 2021-2022$15,500
DURING THE FISCAL YEAR*We received in-kind contributions for administrative 
services from MCCC and other in-kind support of
2021-2022$260,214
DURING THE FISCAL YEAR*Which resulted in total revenues of 2021-2022($128,782)

 

We distributed to MCCC for scholarships and program funds ($631,370)
And had administrative and fund raising expenses of ($260,214)
And had other expenses of ($2,066)
Which resulted in total expenditures of ($893,650)
Resulting in a total net asset increase of ($1,022,432
When combined with our net assets of the previous fiscal year of $10,688,510
Resulted in new net assets at June 30* $6,646,078

Contact Information

Foundation Office

Contact

Building / Office IconS-154
Phone Icon (734)384-4313

Hours

Fall and Winter Semesters
Mon - Fri: 8 a.m. - 4:30 p.m.

Summer Semester
Mon - Thur: 7:30 a.m. - 5 p.m.
Fri: 8 a.m. - 12 p.m.