PLATINUM2022

Mountain Gateway Community College Real Estate Foundation

aka MGCCREF   |   CLIFTON FORGE, VA   |  https://www.mgcc.edu/mgcc-real-estate-foundation

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 info

2020

Board Chair

Dr. John Rainone

Main address

1000 College Drive

CLIFTON FORGE, VA 24422 USA

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Formerly known as

Dabney S. Lancaster CC Real Estate Foundation

EIN

82-3149429

NTEE code info

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

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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?

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.

Population(s) Served
Adults
Adolescents
Military personnel
Unemployed people
Veterans

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.

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

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 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.

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.

Financials

Mountain Gateway Community College Real Estate Foundation

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Operations

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

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Mountain Gateway Community College Real Estate Foundation

Board of directors
as of 11/07/2022
SOURCE: Self-reported by organization
Board chair

Dr. John Rainone

Angela Graham

Michelle Crook

Donna Vaughn

Janie Harris

Kyle Keyser

Tony McFaddin

Steve Vaughn

James Cook

Organizational demographics

SOURCE: Self-reported; last updated 3/25/2021

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

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

Race & ethnicity

Gender identity

 

Sexual orientation

No data

Disability

No data