Overview
What is Oswego College Foundation Inc?
Oswego College Foundation Inc, established in 1947, is a nonprofit organization situated in Oswego, New York. Their primary mission is to foster, encourage, and promote the scientific, literary, educational, and cultural purposes of SUNY Oswego. They achieve this by raising and managing private support to further enhance the institution's mission. The foundation's activities include providing operational expenses and support for various campus departments and programs. By doing so, they contribute significantly to the advancement of SUNY Oswego.
Official website here: www.oswego.edu/giving
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Oswego College Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. With a score of 97%, the foundation demonstrates strong governance practices, including a fully independent board and robust financial oversight. The foundation's commitment to transparency is evident, as it has established comprehensive policies for conflict of interest, whistleblower protections, and document retention.
In terms of financial management, the foundation reports minimal liabilities relative to its assets, achieving a low ratio of 1.38%. Additionally, it allocates a significant portion of its resources towards program expenses, with nearly 83% of its budget directed to its mission-driven activities. Fundraising efficiency is also commendable, with only $0.03 spent to raise each dollar, showcasing effective utilization of contributions.
Overall, the Oswego College Foundation Inc exemplifies best practices in nonprofit management, although specific user feedback or community impact assessment was not available. Its strong financial ratios and governance structures indicate a well-managed organization focused on sustaining its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Oswego College Foundation Inc legitimate?
Oswego College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oswego 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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For more financial information, click here
Official website here: www.oswego.edu/giving
What is the mission statement of Oswego College Foundation Inc?
The Oswego College Foundation Inc's mission is to raise and manage private funds, with the primary objective of advancing the mission of the State University of New York at Oswego. Established in 1947, the foundation serves to foster, encourage, promote, and support the scientific, literary, educational, and cultural purposes of the university. Through its efforts, it provides operational expense and support for various campus departments and programs.
Official website here: www.oswego.edu/giving
Who is the CEO of Oswego College Foundation Inc?
Mark Slayton is the Member of Oswego College Foundation Inc.
Official website here: www.oswego.edu/giving
What is the revenue of Oswego College Foundation Inc?
Oswego College Foundation Inc's revenue in 2022 was $8,786,632.
Official website here: www.oswego.edu/giving
Who are the executives of Oswego College Foundation Inc and what are their salaries?
There 200 volunteers at Oswego College Foundation Inc.
Here are 31 key members and their salaries:
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Official website here: www.oswego.edu/giving
Where can I find the form 990 for Oswego College Foundation Inc?
Oswego College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oswego.edu/giving
Learn more at the official website: www.oswego.edu/giving
Mission Statement of Oswego College Foundation Inc
Oswego College Foundation Inc, established in 1947, was founded with a mission to foster, encourage, promote, and support the scientific, literary, educational, and cultural purposes of the State University of New York at Oswego. This nonprofit organization's primary role is to raise and manage private support, aiming to advance the mission of the esteemed university. By doing so, Oswego College Foundation Inc plays a significant part in funding various campus departments and programs, contributing to the university's overall growth and development.
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Impact
October, 2024
Oswego College Foundation Inc plays a vital role in advancing the mission of the State University of New York at Oswego. Since its founding in 1947, the organization has raised and managed private support, significantly impacting the educational landscape of the university. By providing operating expenses and support for various campus departments and programs, the Foundation facilitates a richer academic experience for students and faculty alike.
It fosters and promotes scientific, literary, educational, and cultural initiatives, ensuring that the university remains a hub of growth and learning. The Foundation's efforts enable the university to innovate and enhance its offerings, making it a prominent institution in the region. Through its commitment to educational advancement, Oswego College Foundation Inc continues to shape the future of students and the community at large.
This information is meant to be a general summary of Oswego 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 2022.
- Investment Income: $63,227
- Gross Receipts: $18,815,554
Assets and Liabilities:
- Total Assets: $62,375,654
- Total Liabilities: $603,079
- Net Assets: $61,772,575
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Organization Details
Founding Year
1947
Phone
(315) 312-5567Principal Officer
Mark Slayton
Main Address
219 SHELDON HALL SUNY OSWEGO, OSWEGO, NY, 13126
Website
www.oswego.edu/givingNTEE Category
Code: B110 - Education
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