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Grambling University Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 050624523 ✦ Grambling, LA ✦ Designated as a 501(c)(3)

Overview

What is Grambling University Foundation Inc?

Grambling University Foundation Inc, established in Grambling, Louisiana, serves as a vital partner to Grambling State University. Its primary objective is to collect, manage, and distribute funds for the benefit of the university, contributing to its accreditation process as outlined by the Commission on Colleges for the Southern Association of Colleges and Schools. The foundation and the university share a management agreement concerning endowed chairs and professorships, further bolstering the academic community. This nonprofit organization plays a crucial role in supporting Grambling State University's growth and development.


Is Grambling University Foundation Inc legitimate?

Grambling University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grambling University 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.

Here 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


What is the mission statement of Grambling University Foundation Inc?
Who is the CEO of Grambling University Foundation Inc?
What is the revenue of Grambling University Foundation Inc?
Who are the executives of Grambling University Foundation Inc and what are their salaries?
Where can I find the form 990 for Grambling University Foundation Inc?

Mission Statement of Grambling University Foundation Inc

The Grambling University Foundation Inc, established with the purpose of soliciting, receiving, holding, investing, and transferring funds, plays a crucial role in supporting Grambling State University. The foundation's primary mission is to aid Grambling State University in meeting the criteria for accreditation, as outlined by the Commission on Colleges for the Southern Association of Colleges and Schools. In addition to this, Grambling University Foundation Inc and Grambling State University have entered into a management agreement regarding endowed chairs and professorships. This collaboration allows the foundation to contribute significantly to the academic excellence and accreditation of Grambling State University.

Impact

This information is meant to be a general summary of Grambling University Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Grambling University Foundation Inc's impact is crucial in supporting Grambling State University in meeting accreditation criteria set by the Commission on Colleges for the Southern Association of Colleges and Schools. Additionally, the foundation plays a key role in managing endowed chairs and professorships at the university. Through soliciting, receiving, investing, and transferring funds, the foundation ensures the continued growth and success of Grambling State University's academic programs. They are a vital partner in enhancing the educational opportunities available to students and faculty.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $676,709
  • Program Service Revenue: $38,325
  • Gross Receipts: $2,072,551

    • Assets and Liabilities:
  • Total Assets: $8,111,552
  • Total Liabilities: $6,563,933
  • Net Assets: $1,547,619
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    HOMECOMING AND CAMPUS

    Revenue

    $33,525

    ROARING TIGER

    Revenue

    $4,800

    Organization Details

    Founding Year

    2005

    Principal Officer

    Richard Rayford Md

    Main Address

    PO BOX 587, GRAMBLING, LA, 712451183

    NTEE Category

    Code: B19 - Education

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