Hennepin Technical College Foundation

The Hennepin Technical College Foundation is a nonprofit organization dedicated to supporting students and advancing career and technical education. It operates as part of Hennepin Technical College, which is renowned as the largest technical college in Minnesota and a leader in career and technical education for the greater Twin Cities area[2].

Mission and Vision

The Foundation's mission is to provide resources that support career and technical education for employment and advancement in an ever-changing global environment. Its vision is to ensure that Hennepin Technical College has the resources needed to help every student learn, thrive, and succeed, ultimately contributing to a prosperous community for all[1][2].

Values

The Foundation emphasizes several core values:

• Inclusion: It fosters an atmosphere of respect, dignity, and acceptance.
• Integrity: The organization conducts itself with honesty, transparency, and trustworthiness.
• Stewardship: It manages resources with transparency and accountability[1].

Impact and Programs

The Foundation has a significant impact through various initiatives:

• Scholarships: It awards numerous scholarships to deserving students, easing their financial burden and enabling them to focus on their studies[1][4]. Over 1,700 scholarships have been awarded, empowering students to pursue their educational goals without financial stress[1].
• Workforce Development: The Foundation supports partnerships with local businesses and industries to advance workforce development, ensuring students are equipped with skills for in-demand careers[1][2].
• Educational Programs: It funds more than 40 technical education programs designed to prepare students for successful careers[1].

Financial Overview

Donations to the Foundation are tax deductible, supporting the organization's efforts to provide educational resources[3]. Contributions represent a significant portion of its revenue, with investment income also playing a role[3]. The organization maintains transparency in its financial operations, publishing annual reports to detail its activities and fiscal accountability[1][3].

Leadership and Governance

The Foundation's leadership includes a Board of Directors composed of leaders from education, business, and community development. The board members serve without compensation, reflecting their commitment to the organization's mission[1][3].