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Passes our checks

Lorain County Community College Foundation

EIN 51-0146485 · Elyria, OH

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceStrong90 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE LCCC FOUNDATION PROVIDES SUPPORT TO EACH OF THE CORNERSTONES OF LORAIN COUNTY COMMUNITY COLLEGE THROUGH SCHOLARSHIPS AND FACULTY DEVELOPMENT (EDUCATION), INNOVATION FUND (ECONOMIC), SUPPORT FOR STOCKER ARTS CENTER PROGRAMMING (CULTURE), AND SUPPORT FOR CAMPUS GRANTS PROJECTS (COMMUNITY).

Income
$11.6 million
Spending
$3.1 million
Spent on programs
71%
Reserves
19.4 months of spending
Largest source of income
donations and private grants, 63%
Employees
0
Volunteers
100
Highest pay
$199,658, executive director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 94% of charities in its peer group (education, $10m to $100m).

  • Reserves

    35 of 35

    Spendable reserves would cover 19.4 months of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 73% of income.

  • Income trend

    15 of 15

    Income rose 32% on the year before.

  • Spending floor

    15 of 15

    71% of spending went to programs and raising each dollar of donations cost 7 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 90 out of 100. Higher than 25% of charities in its peer group (education, $10m to $100m).

  • Independent board

    25 of 25

    51 of 51 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $1.2 million spent. LCCC AND LCCC UNIVERSITY PARTNERSHIP SCHOLARSHIP PROGRAM:THE LCCC FOUNDATION PROVIDED AN ESTIMATED 1,356 SCHOLARSHIPS TO STUDENTS OF THE LORAIN COUNTY COMMUNITY COLLEGE AND THE LCCC UNIVERSITY PARTNERSHIP PROGRAM. AWARDS ARE MADE BASED ON ACADEMIC SUCCESS, FINANCIAL NEED, AND/OR TALENT. THE AWARDS RANGE FROM THE MORE BROAD AND GENERAL SUPPORTING THE WIDE COLLEGIATE COMMUNITY TO THOSE MORE FOCUSED ON SUPPORTING SPECIFIC CURRICULUM SUCH AS NURSING, HEALTHCARE, AND STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH).
  2. $224,867 spent. RICHARD DESICH SMART COMMERCIALIZATION CENTER FOR MICROSYSTEMS:THE LCCC FOUNDATION PROVIDED FINANCIAL SUPPORT FOR THE FURTHER DEVELOPMENT AND OPERATIONS OF THE RICHARD DESICH SMART COMMERCIALIZATION CENTER FOR MICROSYSTEMS AT THE LCCC CAMPUS. SMART IS A WORLD CLASS MEMS DEVELOPMENT FOUNDRY THAT PROVIDES COST-EFFECTIVE TECHNICAL, FACILITY, AND EQUIPMENT RESOURCES TO STARTUPS, INDUSTRY/ACADEMIC RESEARCHERS, AND FEDERAL AGENCIES THAT ARE DEVELOPING MEMS-BASED SENSOR PRODUCTS.
  3. $179,857 spent. THE C. PAUL STOCKER HUMANITIES AND FINE ARTS CENTER: ALSO KNOWN AS THE STOCKER ARTS CENTER, THIS PREMIER CENTER FOR THE ARTS INCLUDES THE GEORGE AND LAURIE HOKE THEATRE, BETH K. STOCKER ART GALLERY, AS WELL AS THE JUDGE JOESPH E. AND BEVERLY A. CIRIGLIANO STUDIO THEATRE. THE FACLITY HAS BEEN PROVIDING SPACE FOR PERFORMANCES AND CULTURAL EXPERIENCES SINCE 1980.
  4. $590,402 spent. OTHER PROGRAMMATIC SUPPORT MADE BY THE FOUNDATION INCLUDES FUNDS PAID FOR EMERGENCY STUDENT AID AND SUPPORT FOR THE ADVOCACY AND RESOURCE CENTER, THE CITIZENS FOR LCCC, THE RICHARD DESICH SALES INSTITUTE, THE ROY AND BOBBI CHURCH VISIONARY LEADERSHIP INSTITUTE, COMMODORE CUPBOARD, NURSING ADJUNCT FACULTY PROGRAM, AND VARIOUS OTHER PROGRAMS.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since September 1975.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

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