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* 2017-2018
We received contributions totaling $1,094,204
Investment gains of $349,832
Special event revenues of $33,255
We received in-kind contributions for administrative 
services from MCCC and other in-kind support of
$239,811
Annuity Revenues $0
Which resulted in total revenues of $1,717,222

 

We distributed to MCCC for scholarships and program funds ($786,562)
And had administrative and fund raising expenses of ($239,811)
And had other expenses of ($1,278)
Which resulted in total expenditures of ($1,033,859)
Resulting in a total net asset increase of $683,363
When combined with our net assets of the previous fiscal year of $6,077,026
Resulted in new net assets at June 30* $6,760,389

 

Financial Audits

Contact Information

Foundation Office

Contact

Building / Office IconA154
Phone Icon (734)384-4313

Hours

8 a.m. – 4:30 p.m.