Overview
What is University Of Maine At Fort Kent Foundation?
The University of Maine at Fort Kent Foundation is a nonprofit organization situated in Fort Kent, Maine. Its primary mission is to support the University of Maine at Fort Kent through the provision of scholarships to its students and grants to the institution itself. This foundation plays a significant role in helping deserving students financially and contributing to the growth and development of the university. By offering scholarships, it aids in the education of future leaders and professionals, while grants help improve the university's infrastructure and resources. The foundation is an essential pillar in the academic community of Fort Kent, fostering educational opportunities and driving progress at the University of Maine at Fort Kent.
Official website here: www.umfk.maine
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The University of Maine At Fort Kent Foundation holds an impressive rating of 96% from Charity Navigator, indicating a strong performance in accountability and finance. This high score is attributed entirely to its robust financial management practices, showcasing the foundation's commitment to transparency and responsible fiscal stewardship.
Key strengths include a fully independent board with 100% independent members, reliable financial oversight through an audit committee, and excellent program expense ratios, with 98.23% of expenditures directed towards programs. The organization has implemented essential policies, such as conflict of interest and whistleblower policies, ensuring a strong ethical framework in its operations.
One notable highlight is the absence of material diversions of assets, which further reflects the foundation's integrity. Overall, the University of Maine At Fort Kent Foundation demonstrates a commitment to maintaining high standards in governance and efficiency, making it a trusted entity in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Maine At Fort Kent Foundation legitimate?
University Of Maine At Fort Kent Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Maine At Fort Kent 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.umfk.maine
What is the mission statement of University Of Maine At Fort Kent Foundation?
The University of Maine at Fort Kent Foundation's mission is centered around providing scholarships to students attending the University of Maine at Fort Kent and offering grants to enhance the university's operations and resources. This mission aims to support the educational journey of students and contribute to the university's growth and development. The foundation's activities are primarily focused on financial aid and resource provision, thereby fostering a conducive learning environment for students and advancing the university's academic endeavors.
Official website here: www.umfk.maine
What is the revenue of University Of Maine At Fort Kent Foundation?
University Of Maine At Fort Kent Foundation's revenue in 2024 was $578,570.
Official website here: www.umfk.maine
Who are the executives of University Of Maine At Fort Kent Foundation and what are their salaries?
There 25 volunteers at University Of Maine At Fort Kent Foundation.
Here are 20 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.umfk.maine
Where can I find the form 990 for University Of Maine At Fort Kent Foundation?
University Of Maine At Fort Kent Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.umfk.maine
Learn more at the official website: www.umfk.maine
Mission Statement of University Of Maine At Fort Kent Foundation
The University of Maine at Fort Kent Foundation is an organization dedicated to providing scholarships for university students and grant funding to the University of Maine at Fort Kent. Through its mission, the foundation aims to support the educational pursuits of students at this university and contribute to its overall development. By offering scholarships, the foundation enables deserving students to access higher education, thereby empowering them to achieve their academic goals. Additionally, the foundation provides grants to the University of Maine at Fort Kent, which can be utilized for various academic and infrastructure projects, thereby contributing to the university's growth and development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The University of Maine at Fort Kent Foundation's impact is significant in supporting higher education through scholarships provided to university students and grants provided to the University of Maine at Fort Kent. By providing financial assistance to students, the foundation enables individuals to pursue their academic aspirations and achieve their educational goals. Additionally, the grants offered to the university contribute to enhancing the overall educational experience and facilitating growth and development within the institution. Through its dedicated focus on education, the foundation plays a crucial role in empowering individuals and fostering academic excellence in Fort Kent, ME.
This information is meant to be a general summary of University Of Maine At Fort Kent 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 2024.
- Investment Income: $148,857
- Gross Receipts: $578,570
Assets and Liabilities:
- Total Assets: $3,220,790
- Total Liabilities: $0
- Net Assets: $3,220,790
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1998
Principal Officer
Deborah Heeden
Website
www.umfk.maineNTEE Category
Code: B82 - Education
If you are a representative of University Of Maine At Fort Kent Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.