Overview
What is University Of Maine Pulp & Paper Foundation?
The University of Maine Pulp & Paper Foundation is a nonprofit organization situated in Orono, Maine, specifically at 5737 Jenness Hall. With a modest workforce of three individuals, its primary mission is to foster the academic pursuit of pulp and paper-related subjects at the University of Maine and motivate students to consider careers in this technical field. To accomplish this goal, the foundation awards scholarships to 130 eligible students each year. This support not only aids in their education but also encourages a new generation of professionals to contribute to the pulp and paper industry.
Official website here: www.umaineppf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The University of Maine Pulp & Paper Foundation has earned a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score in key areas such as independent board membership and financial oversight, the foundation demonstrates a commitment to high standards of governance and transparency. The foundation's financial health is robust, as indicated by its negligible liabilities and a high percentage of program expenses, which highlights its efficient allocation of resources towards its mission.
Strengths of the organization include a fully independent board and comprehensive policies regarding conflicts of interest and whistleblower protections, ensuring ethical operations. Furthermore, the foundation has effectively maintained clear documentation and oversight practices, contributing to its high score in accountability. These strengths suggest that donors can have confidence in the foundation's management and its dedication to serving its objectives.
While the available information showcases the foundation's impressive financial practices and governance, further insights into its specific programs and impact would provide a more holistic view of its contributions to the field. Overall, the University of Maine Pulp & Paper Foundation stands out for its operational integrity and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Maine Pulp & Paper Foundation legitimate?
University Of Maine Pulp & Paper Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Maine Pulp & Paper Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $272,465
Professional Fundraising Fees: $0
Other Salaries and Wages: $127,618
For more financial information, click here
Official website here: www.umaineppf.org
What is the mission statement of University Of Maine Pulp & Paper Foundation?
The University of Maine Pulp & Paper Foundation's mission is centered around advancing the study of pulp and paper-related subjects at the University of Maine. This non-profit organization strives to motivate students to explore technical careers in the paper industry. In pursuit of this mission, they provide scholarships to over 130 students, thereby encouraging and supporting the next generation of professionals in this field.
Official website here: www.umaineppf.org
Who is the CEO of University Of Maine Pulp & Paper Foundation?
Carrie Enos is the Board Chairperson of University Of Maine Pulp & Paper Foundation.
Official website here: www.umaineppf.org
What is the revenue of University Of Maine Pulp & Paper Foundation?
University Of Maine Pulp & Paper Foundation's revenue in 2022 was $1,744,030.
Official website here: www.umaineppf.org
Who are the executives of University Of Maine Pulp & Paper Foundation and what are their salaries?
The average compensation at University Of Maine Pulp & Paper Foundation during 2022 was $133,361. There are 3 employees and 104 volunteers at University Of Maine Pulp & Paper Foundation.
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- Compensation: $222,984
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Official website here: www.umaineppf.org
Where can I find the form 990 for University Of Maine Pulp & Paper Foundation?
University Of Maine Pulp & Paper Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.umaineppf.org
Learn more at the official website: www.umaineppf.org
Mission Statement of University Of Maine Pulp & Paper Foundation
The University of Maine Pulp & Paper Foundation, in its mission, focuses on advancing the study of pulp and paper and related subjects at the University of Maine. This nonprofit organization aims to inspire students to consider pursuing technical careers in the paper industry. By doing so, it encourages the next generation of professionals in this field, fostering growth and innovation within the industry. Through its efforts, the University of Maine Pulp & Paper Foundation awards scholarships to over 130 students, providing financial support and opportunities for those interested in this field.
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Impact
July, 2024
The University of Maine Pulp & Paper Foundation has a significant impact on the academic and professional development of students interested in pursuing careers related to pulp and paper technology. Through the awarding of scholarships to 130 individual students, the Foundation not only supports higher education but also encourages young individuals to consider technical careers in the paper industry. By furthering the study of pulp and paper and related subjects at the University of Maine, this organization plays a crucial role in cultivating the next generation of professionals in the field. Its efforts contribute to the community improvement by promoting education, skill development, and career opportunities in an important industry sector.
This information is meant to be a general summary of University Of Maine Pulp & Paper Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,373,870
- Gross Receipts: $2,681,167
Assets and Liabilities:
- Total Assets: $28,669,088
- Total Liabilities: $31
- Net Assets: $28,669,057
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Organization Details
Founding Year
1950
Phone
(207) 581-2298Principal Officer
Carrie Enos
Main Address
5737 JENNESS HALL, ORONO, ME, 044695737
Website
www.umaineppf.orgNTEE Category
Code: S41Z - Community improvement
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