Overview
What is Plattsburgh College Foundation Inc?
Plattsburgh College Foundation Inc, established in 1963, serves as a vital entity for SUNY Plattsburgh, managing the majority of private contributions directed towards the institution. The Foundation's primary role is to fund scholarships and grants for enrolled students, with selection processes overseen by college offices and departments. These funds are sourced from gifts with and without donor restrictions, as well as investment income generated from endowments specifically designated for scholarship support. Beyond financial aid, the Foundation also supports academic and student life enrichment programs, contributing to the overall institutional growth and development of SUNY Plattsburgh.
Official website here: www.alumni.plattsburgh.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Plattsburgh College Foundation Inc has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and finance management. The overall score is solely based on its Accountability & Finance metrics, which the organization excels in, earning a score of 95. This strong rating reflects the foundation's commitment to transparency and responsible financial practices.
The foundation demonstrates exceptional governance, with a fully independent board comprising 26 members, which contributes to its effective oversight. Additionally, it has robust policies in place, such as conflict of interest and whistleblower policies, ensuring ethical conduct and protection for those who report concerns. Furthermore, the foundation has a low liabilities to assets ratio and high program expense ratio, indicating a focus on using funds effectively for its mission.
While the organization’s financial health appears strong, potential donors may want to consider its long-term sustainability and the impact of its programs. Overall, the Plattsburgh College Foundation Inc stands out as a responsible and well-managed nonprofit, making it a commendable option for those looking to support educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Plattsburgh College Foundation Inc legitimate?
Plattsburgh College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Plattsburgh College 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:
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Official website here: www.alumni.plattsburgh.edu
What is the mission statement of Plattsburgh College Foundation Inc?
The Plattsburgh College Foundation Inc., established in 1963, serves as a hub for receiving and managing substantial private donations aimed at supporting the State University of New York College at Plattsburgh. A significant portion of the funds raised through private contributions and endowment investments is allocated for providing financial aid to the college's students. Additionally, the foundation extends its support to enrich academic and student life programs and offers institutional assistance, enhancing the overall academic environment.
Official website here: www.alumni.plattsburgh.edu
Who is the CEO of Plattsburgh College Foundation Inc?
Anne W Hansen is the Director of Plattsburgh College Foundation Inc.
Official website here: www.alumni.plattsburgh.edu
What is the revenue of Plattsburgh College Foundation Inc?
Plattsburgh College Foundation Inc's revenue in 2023 was $4,297,455.
Official website here: www.alumni.plattsburgh.edu
Who are the executives of Plattsburgh College Foundation Inc and what are their salaries?
Here are 26 key members and their salaries:
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Official website here: www.alumni.plattsburgh.edu
Where can I find the form 990 for Plattsburgh College Foundation Inc?
Plattsburgh College Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.alumni.plattsburgh.edu
Learn more at the official website: www.alumni.plattsburgh.edu
Mission Statement of Plattsburgh College Foundation Inc
Plattsburgh College Foundation Inc, established in 1963, serves as a vital entity for the State University of New York College at Plattsburgh. Its primary purpose is to manage and receive the majority of private donations intended for the college. A substantial portion of these funds, generated both from private contributions and endowment investments, is allocated for financial aid to support the college's students. Beyond this, the foundation extends its support to academic and student life enrichment programs and various institutional initiatives. In essence, Plattsburgh College Foundation Inc plays a significant role in bolstering the academic and overall well-being of the college's student body.
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Impact
October, 2024
Plattsburgh College Foundation Inc. significantly enhances the educational landscape of SUNY Plattsburgh by managing and distributing private contributions, which are essential for fostering academic growth and student success. Established in 1963, the Foundation channels funds from generous donors into scholarships and grants, making higher education more accessible for students.
The Foundation not only provides critical financial assistance through various scholarships but also enriches the overall student experience by supporting academic programs and student life initiatives. These resources empower students to pursue their educational goals without the burden of financial constraints, thus promoting a vibrant and engaged campus community. Additionally, by managing endowment investments, the foundation ensures sustainability and ongoing support for future generations of students at the college.
This information is meant to be a general summary of Plattsburgh College 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: $1,265,156
- Gross Receipts: $7,218,537
Assets and Liabilities:
- Total Assets: $39,342,840
- Total Liabilities: $406,302
- Net Assets: $38,936,538
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Organization Details
Founding Year
1964
Phone
(518) 564-2090Principal Officer
Anne W Hansen
Main Address
101 BROAD STREET 107 HAWKINS HALL, PLATTSBURGH, NY, 12901
Website
www.alumni.plattsburgh.eduNTEE Category
Code: B110 - Education
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