Overview
What is Western Connecticut State University Foundation Inc?
Western Connecticut State University Foundation Inc, located at 181 White Street, Danbury, CT 06810, is a nonprofit organization dedicated to supporting Western Connecticut State University. Its mission is to enhance the educational, cultural, and research capabilities of the university through fundraising and disbursing donations. The foundation aims to improve and expand the university's facilities and activities, contributing to its overall growth and development.
Official website here: www.wcsu.edu/ia/foundation.asp
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
Western Connecticut State University Foundation Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong focus on accountability and finance. The charity's score is based entirely on its financial practices, with a perfect score of 100% in several key areas. This indicates a well-managed organization that prioritizes transparency and responsible stewardship of resources.
The foundation boasts a robust governance structure, with 55% of its board members being independent, which is crucial for maintaining objectivity in decision-making. Additionally, it has achieved full marks in areas such as oversight and audit, conflict of interest policies, and the distribution of financial documents to board members. Its sound financial health is underscored by a low liabilities-to-assets ratio and an impressive working capital ratio, indicating a strong fiscal position.
While the organization excels in financial accountability, the ratings primarily focus on this aspect without providing additional insights into its programmatic impact or community engagement. Nevertheless, the high program expense ratio reflects a commitment to utilizing funds effectively for its mission. Overall, the Western Connecticut State University Foundation Inc stands out as a financially sound nonprofit, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Western Connecticut State University Foundation Inc legitimate?
Western Connecticut State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Connecticut State 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.
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.wcsu.edu/ia/foundation.asp
What is the mission statement of Western Connecticut State University Foundation Inc?
The Western Connecticut State University Foundation Inc., in its mission, solely focuses on aiding, supplementing, improving, and expanding the educational, cultural, and research facilities and activities at Western Connecticut State University. This is accomplished through soliciting various types of donations and subsequently disbursing these funds for the specified purposes. The foundation has historically provided support to Western Connecticut State University.
Official website here: www.wcsu.edu/ia/foundation.asp
Who is the CEO of Western Connecticut State University Foundation Inc?
Anthony Cirone is the Chairman of Western Connecticut State University Foundation Inc.
Official website here: www.wcsu.edu/ia/foundation.asp
What is the revenue of Western Connecticut State University Foundation Inc?
Western Connecticut State University Foundation Inc's revenue in 2023 was $2,146,058.
Official website here: www.wcsu.edu/ia/foundation.asp
Who are the executives of Western Connecticut State University Foundation Inc and what are their salaries?
There 17 volunteers at Western Connecticut State University Foundation Inc.
Here are 28 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: $214,543
- Other: $59,310
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $260,153
- Other: $75,523
- Compensation: $0
- Related: $209,409
- Other: $57,318
- 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: $184,290
- Other: $167,202
- 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: $109,654
- Other: $53,258
- 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.wcsu.edu/ia/foundation.asp
Where can I find the form 990 for Western Connecticut State University Foundation Inc?
Western Connecticut State University Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wcsu.edu/ia/foundation.asp
Learn more at the official website: www.wcsu.edu/ia/foundation.asp
Mission Statement of Western Connecticut State University Foundation Inc
The Western Connecticut State University Foundation Inc, in its mission, is solely dedicated to aiding, supplementing, improving, and expanding the educational, cultural, and research facilities and activities of Western Connecticut State University. This esteemed organization operates primarily by soliciting various types of donations and then disbursing these funds to support the university's educational, cultural, and research endeavors. By doing so, the Western Connecticut State University Foundation Inc plays a significant role in enhancing the overall educational experience and opportunities for students and faculty at Western Connecticut State University.
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 impact of Western Connecticut State University Foundation Inc is primarily focused on aiding, supplementing, improving, and enlarging the educational, cultural, and research facilities and activities of Western Connecticut State University. By providing support and soliciting various forms of donations, the foundation plays a crucial role in enhancing the overall academic environment and resources available to the university community. This impact directly contributes to the advancement of education, cultural enrichment, and research opportunities at Western Connecticut State University.
This information is meant to be a general summary of Western Connecticut State University 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 2023.
- Investment Income: $552,567
- Gross Receipts: $10,450,125
Assets and Liabilities:
- Total Assets: $29,087,246
- Total Liabilities: $71,569
- Net Assets: $29,015,677
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1971
Phone
(203) 837-9820Principal Officer
Anthony Cirone
Main Address
181 WHITE STREET, DANBURY, CT, 06810
NTEE Category
Code: B110 - Education
If you are a representative of Western Connecticut State University 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.