Overview
What is University Of New Hampshire Foundation Inc?
The University of New Hampshire Foundation Inc, located at Elliott Alumni Center, 9 Edgewood Rd, Durham, NH 03824, functions as a dedicated entity to secure and manage private donations for the University of New Hampshire (UNH). With a mission to bolster UNH's endowment, UNHF has transferred over $13 million in gifts to the university. The primary focus of the foundation is to facilitate the acquisition of financial support, ensuring the betterment of UNH within the University System of New Hampshire (USNH).
Official website here: www.unh.edu/give/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59% (One-Star out of Four Star rating)
The University of New Hampshire Foundation Inc has received a low overall rating of 59% from Charity Navigator, primarily due to its Accountability & Finance score. While the foundation boasts a strong governance structure, including a fully independent board and effective financial oversight mechanisms, these strengths are overshadowed by poor financial ratios that indicate significant issues in resource allocation and fundraising efficiency.
Specifically, the foundation's program expense ratio is notably low at 49.20%, suggesting that less than half of its expenses are directed towards program services. Additionally, a liability-to-assets ratio of 2.71% and a working capital ratio of 7.78 years indicate potential financial instability, raising concerns about its ability to sustain operations and fund its mission effectively.
While the organization has established solid policies for conflict of interest and whistleblower protections, the financial metrics highlight critical areas for improvement. Without addressing these financial challenges, the foundation may struggle to enhance its impact and maintain donor trust.
This AI summary has been generated from information found on Charity Navigator.
Is University Of New Hampshire Foundation Inc legitimate?
University Of New Hampshire Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of New Hampshire Foundation Inc 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: $981,378
Professional Fundraising Fees: $0
Other Salaries and Wages: $597,208
For more financial information, click here
Official website here: www.unh.edu/give/
What is the mission statement of University Of New Hampshire Foundation Inc?
The University of New Hampshire Foundation Inc serves a vital role in securing private support for the University of New Hampshire (UNH). Its mission is centered around enhancing UNH's resources by focusing on the growth of its endowment. The Foundation has successfully transferred over thirteen million dollars in gifts to UNH, contributing significantly to the university's development. By coordinating the acquisition of philanthropic contributions, the University of New Hampshire Foundation, Inc. aims to bolster the University of New Hampshire's capabilities and overall success.
Official website here: www.unh.edu/give/
What is the revenue of University Of New Hampshire Foundation Inc?
University Of New Hampshire Foundation Inc's revenue in 2024 was $38,508,514.
Official website here: www.unh.edu/give/
Who are the executives of University Of New Hampshire Foundation Inc and what are their salaries?
Here are 32 key members and their salaries:
- Compensation: $0
- Related: $686,548
- Other: $25,459
- Compensation: $398,434
- Related: $0
- Other: $33,000
- Compensation: $198,809
- Related: $0
- Other: $19,970
- Compensation: $169,177
- Related: $0
- Other: $19,209
- Compensation: $164,805
- Related: $0
- Other: $7,404
- Compensation: $165,136
- Related: $0
- Other: $16,307
- Compensation: $162,638
- Related: $0
- Other: $7,880
- Compensation: $140,696
- Related: $0
- Other: $15,610
- Compensation: $122,797
- Related: $0
- Other: $11,504
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.unh.edu/give/
Where can I find the form 990 for University Of New Hampshire Foundation Inc?
University Of New Hampshire Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.unh.edu/give/
Learn more at the official website: www.unh.edu/give/
Mission Statement of University Of New Hampshire Foundation Inc
The University of New Hampshire Foundation Inc, a key entity, focuses on coordinating the acquisition of private donations for the advantage of the University of New Hampshire (UNH). With a clear emphasis on expanding the UNH endowment, this organization plays a significant role within the University System of New Hampshire (USNH).
In simple terms, the University of New Hampshire Foundation Inc serves as a bridge between potential donors and the University of New Hampshire, facilitating the transfer of financial gifts to benefit the educational institution. According to the provided information, the foundation successfully secured and transferred an impressive sum of $13,581,667 in donations to UNH. This substantial funding will undoubtedly make a significant impact on the university and its students.
The mission of the University of New Hampshire Foundation Inc is rooted in the belief that private support is essential for the growth and success of UNH. By executing its purpose effectively, the organization helps ensure that the University of New Hampshire continues to thrive and provide exceptional educational opportunities for its students.
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
October, 2024
The University of New Hampshire Foundation Inc. plays a crucial role in enhancing the educational landscape at the University of New Hampshire (UNH). By focusing on acquiring private support, the foundation significantly bolsters the university's endowment, ensuring a sustainable financial future for its programs and initiatives.
In its recent efforts, the foundation secured and transferred over $13.5 million in gifts to UNH, a substantial contribution that helps fund scholarships, research, and various educational programs. This financial support not only strengthens the university’s offerings but also creates opportunities for students and faculty to thrive in their academic and professional pursuits.
By facilitating these private contributions, the foundation effectively aligns donor interests with the university's mission, fostering a community of supporters invested in the advancement of education and innovation at UNH. As a result, the foundation enhances the university's capacity to deliver high-quality education, engage in impactful research, and prepare students for success in their future endeavors.
This information is meant to be a general summary of University Of New Hampshire Foundation Inc. 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: $4,408,855
- Program Service Revenue: $8,108,538
- Gross Receipts: $133,721,064
Assets and Liabilities:
- Total Assets: $292,565,997
- Total Liabilities: $6,007,327
- Net Assets: $286,558,670
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fundraising Services
Revenue
$8,108,538
Program 2
Revenue
$0
Program 3
Revenue
$0
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
Founding Year
1989
Principal Officer
Sue Pepin
Website
www.unh.edu/give/NTEE Category
Code: B110 - Education
If you are a representative of University Of New Hampshire Foundation Inc 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.