Mission
The MGCC Real Estate Foundation is formed exclusively for charitable and educational purposes. More specifically, the Corporation shall at all times be operated in connection with, and exclusively for the benefit of Mountain Gateway Community College (the “College”), an institution of higher education of the Commonwealth of Virginia, a part of the Virginia Community College System.
Ruling year
2020
Board Chair
Dr. John Rainone
Main address
1000 College Drive
CLIFTON FORGE, VA 24422 USA
Formerly known as
Dabney S. Lancaster CC Real Estate Foundation
EIN
82-3149429
NTEE code
Community/Junior College (B41)
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Workforce Development Center
The Real Estate Foundation and the College are working on renovating a 18,500 square foot building in a designated Opportunity Zone in Buena Vista, Virginia which includes the areas of Rockbridge County and Lexington City. The project will develop a new manufacturing training center and entrepreneurial incubator/makers-space. The project will expand the college's capacity to deliver in-demand training and industry credentials in the areas of advanced manufacturing, machining, welding, HVAC, and diesel mechanic. Once completed, the project will help upskill the region's workforce by providing a pipeline of skilled workers in high demand fields, which will bolster workforce development, create jobs, attract private investment, and strengthen the regional economy.
Where we work
External reviews
Our results
How does this organization measure their results? It's a hard question but an important one.
Number of new donors
This metric is no longer tracked.Totals By Year
Related Program
Workforce Development Center
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Number of hours of training
This metric is no longer tracked.Totals By Year
Related Program
Workforce Development Center
Type of Metric
Outcome - describing the effects on people or issues
Direction of Success
Increasing
Number of training workshops
This metric is no longer tracked.Totals By Year
Related Program
Workforce Development Center
Type of Metric
Outcome - describing the effects on people or issues
Direction of Success
Increasing
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
The overall goals of the MGCC Real Estate Foundation are:
- Advance the College through gifts of real estate and property.
- Serve as the efficient conduit through which gifts of real estate and property are received and liquidated.
- Participate in the stewardship of real estate in support of the College.
What are the organization's key strategies for making this happen?
1. A community college education is a pathway out of poverty for many individuals. The focus of the MGCC Real Estate Foundation is to open new educational opportunities in an area of the college's service region that is not fully served with additional programs.
2. In addition, the development of a new workforce center will provide training opportunities for the unemployed in the region and the under-employed at local businesses to give them the skills necessary to become more productive.
3. Access to workforce training in the areas of electrical, plumbing, diesel mechanic, HVAC, CDL, machining, and others will provide the local individuals an opportunity to earn an industry-recognized credential making them attractive to the local employers.
What are the organization's capabilities for doing this?
What have they accomplished so far and what's next?
Financials
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Operations
The people, governance practices, and partners that make the organization tick.
Connect with nonprofit leaders
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Connect with nonprofit leaders
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Mountain Gateway Community College Real Estate Foundation
Board of directorsas of 11/07/2022
Dr. John Rainone
Angela Graham
Michelle Crook
Donna Vaughn
Janie Harris
Kyle Keyser
Tony McFaddin
Steve Vaughn
James Cook
Organizational demographics
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Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Sexual orientation
No data
Disability
No data
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