College Hill Foundation

The College Hill Foundation is a U.S. nonprofit organization with tax identification number (EIN) 26-3007505. It is classified as a 501(c)(3) organization, which allows its donations to be tax-deductible.

Mission and Purpose

The mission of the College Hill Foundation is to support the restoration of the College Hill Neighborhood into a family-friendly, safe, and prosperous community for both current and future residents. This goal is achieved through various community-building initiatives and partnerships.

Programs and Activities

The Foundation engages in several community-focused programs, including hosting events like Praise and Prayer Walks, Breakfast with Santa, and providing small business loans to support new neighborhood businesses. Additionally, it has supported projects such as the development of a neighborhood playground and a lavender garden, collaborating with organizations like Lutheran Housing Support to build new homes.

Financial Overview

In recent years, the College Hill Foundation has primarily relied on contributions for its revenue, with some income from program services. For example, in the fiscal year ending June 2022, contributions accounted for 94.4% of the total revenue, amounting to $165,775, while program services contributed 5.6%, totaling $9,790. The Foundation's total assets have varied, reaching $179,981 in the fiscal year ending June 2022.

Governance and Leadership

As of November 2022, the Board of Directors included Gail Olson as President, Fred Kimbrough as Executive Director, Teri Rose as Treasurer, Anna Paul as Secretary, and several other community leaders from various backgrounds such as education and religious organizations.

Community Impact

The Foundation's initiatives have been welcomed by local residents, who view the efforts as a source of hope for improving their community. The partnerships and events organized by the Foundation aim to foster a sense of unity and prosperity in the neighborhood.