Overview
What is Buffalo State College Foundation Inc?
Buffalo State College Foundation Inc is a nonprofit organization located at 1300 Elmwood Avenue, Buffalo, NY, 14222. Their primary mission is to support Buffalo State University and its affiliated organizations by providing financial assistance to students through scholarships, fellowships, and loans. Additionally, they sustain research programs, conferences, seminars, art exhibitions, and cultural events. The Foundation also works to acquire equipment for educational and research projects, library holdings, art-related and literary collections, academic chairs, athletic programs, the Buffalo State College Alumni Association, university-community programs, faculty and staff travel, and university-related publications. Campus beautification and providing expense funds for university officials are also among their responsibilities. The Foundation's goal is to foster private sector participation in the university's endeavors, particularly in philanthropy and fundraising, and to offer various support services to Buffalo State University. The organization has a staff of 37 employees.
Official website here: www.buffalostate.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Stars
Buffalo State College Foundation Inc has received an excellent rating of 97% from Charity Navigator, indicating strong accountability and financial health. The organization excels in all evaluated aspects, particularly in its commitment to transparency and ethical governance, as reflected in its 100% independent board composition and comprehensive oversight policies. This high score suggests that the foundation is effectively managing its resources to support its mission.
The foundation demonstrates a commendable program expense ratio of 85.07%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, its fundraising efficiency is impressive, with a minimal cost incurred to raise funds. These attributes highlight the foundation's focus on maximizing impact and ensuring that donations are utilized effectively.
However, while the financial metrics are strong, there are no noted areas of concern or limitations from the available data. This solid performance positions Buffalo State College Foundation Inc as a reliable organization for potential donors looking to support a nonprofit that prioritizes accountability and effective use of funds.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Buffalo State College Foundation Inc?
80% of the 542 reviewers on Facebook recommend the Buffalo State College Foundation Inc. Here is a summary of their reviews:
Many attendees express positive experiences related to the events hosted, such as movie nights, which they find enjoyable for both families and students. Some reviews highlight a sense of community, with individuals appreciating the interactions with students and the encouragement provided in academic pursuits. Additionally, there is excitement among families, with parents sharing their anticipation and support for their children attending Buffalo State College.
Overall, the sentiment appears to be favorable, with many community members appreciating the initiatives of the foundation and the engaging atmosphere it fosters for students and families alike. Many strong connections are forged, and there seems to be a clear commitment to supporting educational endeavors.
This AI summary has been generated from reviews found on Facebook.
Is Buffalo State College Foundation Inc legitimate?
Buffalo State College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Buffalo State 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:
Executive Compensation: $0
Professional Fundraising Fees: $138,153
Other Salaries and Wages: $118,651
For more financial information, click here
Official website here: www.buffalostate.edu
What is the mission statement of Buffalo State College Foundation Inc?
The Buffalo State College Foundation Inc is dedicated to enhancing the well-being and development of Buffalo State University. Its mission is to support the university's objectives of academic excellence in teaching and research, cultural enrichment, and community service. The foundation encourages private sector involvement in the university's initiatives, specifically in philanthropy and fundraising. Additionally, it offers various support services to the university to further its mission.
Official website here: www.buffalostate.edu
Who is the CEO of Buffalo State College Foundation Inc?
James M Finnerty is the Chair of Buffalo State College Foundation Inc.
Official website here: www.buffalostate.edu
What is the revenue of Buffalo State College Foundation Inc?
Buffalo State College Foundation Inc's revenue in 2022 was $13,426,991.
Official website here: www.buffalostate.edu
Who are the executives of Buffalo State College Foundation Inc and what are their salaries?
The average compensation at Buffalo State College Foundation Inc during 2022 was $3,207. There are 37 employees and 47 volunteers at Buffalo State College Foundation Inc.
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Official website here: www.buffalostate.edu
Where can I find the form 990 for Buffalo State College Foundation Inc?
Buffalo State College Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.buffalostate.edu
Learn more at the official website: www.buffalostate.edu
Mission Statement of Buffalo State College Foundation Inc
Buffalo State College Foundation Inc, a nonprofit organization, is dedicated to advancing the welfare and development of Buffalo State University. By fostering private sector participation in the university's endeavors, particularly in the areas of philanthropy and fundraising, the Foundation supports Buffalo State University's goals of excellence in teaching and scholarship, cultural enrichment, and service. The Foundation provides various support services to the University to further its mission. In essence, Buffalo State College Foundation Inc serves as a crucial partner to Buffalo State University, working to enhance its capabilities and capabilities through philanthropic efforts and practical assistance.
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Impact
October, 2024
Buffalo State College Foundation Inc significantly enhances the educational landscape at Buffalo State University, playing a vital role in fostering academic excellence and cultural enrichment. The Foundation provides crucial financial support in the form of scholarships, fellowships, and loans, empowering students to pursue their educational goals with greater ease.
In addition to direct student assistance, the Foundation bolsters faculty research initiatives, funding conferences, seminars, and artistic exhibitions that enrich the academic environment. It also invests in essential resources such as library holdings and equipment for educational and research projects, ensuring that both students and faculty have access to the tools necessary for success.
The Foundation's commitment extends beyond academic support; it enhances community engagement through university-community programs and promotes the athletic development of students. By maintaining a focus on campus beautification and providing resources for university officials, the Foundation contributes to a vibrant and supportive university culture.
Overall, Buffalo State College Foundation Inc advances the welfare and development of Buffalo State University, embodying a mission that champions educational excellence, cultural vitality, and community collaboration.
This information is meant to be a general summary of Buffalo State 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: $5,031,076
- Gross Receipts: $21,572,994
Assets and Liabilities:
- Total Assets: $99,437,046
- Total Liabilities: $3,124,297
- Net Assets: $96,312,749
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Organization Details
Founding Year
1966
Phone
(716) 878-4658Principal Officer
James M Finnerty
Main Address
1300 ELMWOOD AVENUE, BUFFALO, NY, 14222
Website
www.buffalostate.eduNTEE Category
Code: B110 - Education
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