PLATINUM2024

Tri County Tech Endowment Fund Inc

Extending the reach of Tri County Tech

aka Tri County Tech Foundation   |   Bartlesville, OK   |  tricountytech.edu/foundation

Mission

Our mission is to ensure no student is denied an education due to the lack of funds. The Tri County Tech Foundation assists in-need and qualifying students in three critical areas: Tuition Assistance, Emergency Aid, and Food Assistance.

Ruling year info

1970

Principal Officer

Kim Smith

Main address

6101 Nowata Rd

Bartlesville, OK 74006 USA

Show more contact info

EIN

73-1192143

NTEE code info

Single Organization Support (B11)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The problem the Tri County Tech Foundation aims to solve is the lack of access to quality education within the community it serves. This lack of access can hinder individuals from pursuing their passions, achieving their full potential, and making meaningful contributions to the community. By addressing this issue, the foundation seeks to empower individuals to overcome barriers to education and create a more equitable and prosperous future for everyone in the community.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Tuition Assistance

Providing tuition assistance to in need and qualifying adult students. Tri County Tech has the right programs and educators to provide life-changing learning opportunities.

Population(s) Served
Economically disadvantaged people

The Foundation also provides students with emergency aid and food assistance when unforeseen financial emergencies compromise attendance and program completion.

Population(s) Served
Economically disadvantaged people

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total dollars received in contributions

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Context Notes

Total Gifts and Commitments in 2023

Total dollar amount of scholarship awarded

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Scholarships and tuition waivers granted in 2023

Number of students who receive scholarship funds and/or tuition assistance

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Scholarships and tuition waivers granted in 2023

Number of emergency meals provided

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Meals or snacks provided in 2023

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The Tri County Tech Foundation aims to ensure equitable access to quality education for all individuals in the community by providing comprehensive support through the Tuition Assistance, Emergency Aid, and Food Assistance programs. Our goal is to eliminate financial barriers that hinder students from pursuing their educational aspirations, empowering them to realize their full potential, contribute meaningfully to our community, and build a better future for themselves and future generations. Through these initiatives, we strive to ensure that no student is denied an education due to lack of funds, fostering hope, reducing financial burdens, and creating pathways to opportunity for all.

Endowment Fund Growth: Focus on expanding the endowment fund through targeted fundraising efforts and legacy giving campaigns. Develop strategies to engage donors in planned giving initiatives, such as bequests, trusts, and estate planning, to secure long-term financial support for the foundation's programs. Communicate the impact of endowment contributions in perpetuating funding streams for Tuition Assistance, Emergency Aid, and Food Assistance programs, ensuring that no student is denied an education due to lack of funds.

Donor Stewardship and Recognition: Implement robust donor stewardship practices to cultivate strong relationships with individual and corporate donors, private and public foundations, and grant-making entities. Recognize and celebrate the contributions of donors to the foundation's endowment fund and legacy giving initiatives, highlighting their role in advancing the mission of ensuring equitable access to quality education for all students in need.

Strategic Investment Management: Employ prudent investment strategies to effectively manage the assets of the endowment fund and maximize returns while mitigating risk. Collaborate with financial advisors and investment professionals to develop diversified investment portfolios aligned with the foundation's long-term financial goals and risk tolerance. Monitor investment performance regularly and adjust asset allocations as needed to optimize growth and sustainability of the endowment fund.

Endowment Fundraising Campaigns: Launch targeted fundraising campaigns specifically aimed at growing the endowment fund to achieve the $5 million goal. Utilize various communication channels, including digital platforms, direct mailings, and personal solicitations, to engage donors and raise awareness about the importance of endowment contributions in securing the foundation's financial future. Set clear milestones and benchmarks to track progress towards the $5 million goal and inspire continued support from donors towards reaching this critical milestone.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify bright spots and enhance positive service experiences, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We aim to collect feedback from as many people we serve as possible, We engage the people who provide feedback in looking for ways we can improve in response, We share the feedback we received with the people we serve

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback

Financials

Tri County Tech Endowment Fund Inc
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Tri County Tech Endowment Fund Inc

Board of directors
as of 03/07/2024
SOURCE: Self-reported by organization
Board co-chair

Shelley Koster


Board co-chair

Paul Turcott

Lisa Bliss

Stephen Colaw

Trevor Dorsey

Barbara Herren

Kumar Krishnan

Karen Leinen

Kevin Potter

Paul Turcott

John Woolman

Kevin Hay

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 2/27/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 02/27/2024

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
Policies and processes
  • We have community representation at the board level, either on the board itself or through a community advisory board.