Profile of the Missouri Colleges Fund, Inc.
The Mission

The Mission of the Missouri Colleges Fund is to acquire resources to help educate students in member private liberal-arts colleges and universities.

Gifts Go Directly to Support Students

All unrestricted support the member colleges receive from the Colleges Fund is used for need-based financial aid for qualified students unless otherwise directed by the donor. Recipients of these scholarships are selected by the member colleges, not by the Fund.

Membership

The member schools are independent baccalaureate degree-granting liberal arts and comprehensive colleges and universities in the State of Missouri, accredited by the Higher Learning Commission of the North Central Association of Colleges and Secondary Schools, and their income is derived primarily from private sources.

Distribution of Funds

Undesignated funds are distributed equally to member colleges. The Fund accepts contributions designated for one or more institutions and distributes gifts in accordance with the donor's wishes.

Legal and Tax Status

The Colleges Fund was formed in 1952 as a non-profit corporation. The Fund is a 501(c)(3) tax-exempt organization and classified as a public charity under Section 509(a)(2). All contributions to the Fund are tax-deductible up to the limits prescribed by the law. Our Federal ID Number is 43-0680952.

Solicitors

College presidents, business members of the Board and chief development officers from the member colleges make solicitation calls on behalf of the Missouri Colleges Fund without compensation from the Fund.

Diversity Statement

The Missouri Collegs Fund is committed to a policy of non-discrimination and equal opportunity in hiring and in administration of all its programs. The Missouri Colleges Fund does not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, disability or on any other basis that would be in violation of any applicable federal or state law.

Operating Budget

The Board of Directors approves a budget which is underwritten by equal assessments paid by each member school. Gifts to the Fund are not used for the administration of the Fund unless that is the purpose specified by the donor.

Annual Audit

Our fiscal year is January 1 through December 31. The financial records are audited annually by Evers and Company, CPA's, of Jefferson City.

National Affiliation

The Missouri Colleges Fund is affiliated with the Foundation for Independent Higher Education which is a national partner in a network of member state and regional associations that represent more than 650 private colleges and universities. The Foundation secures financial resources for its member funds and their students; develops collaborative programs within its network and with other organizations; and together with its members, is a primary voice of independent higher education to the corporate and philanthropic communities.