Overview
What is Fredonia College Foundation Of The State University Of New York Inc?
Fredonia College Foundation of the State University of New York Inc., operating under the name Fredonia College Foundation, is a nonprofit organization situated in Fredonia, New York. Established with a mission to support the State University of New York at Fredonia, its faculty, and students, it encourages and accepts gifts and endowments to address the institution's priority needs. With a small team of four employees, the foundation's primary focus is on providing grants and scholarships to aid in the educational journey of students at the university. The foundation serves as a vital source of financial aid, contributing to the overall success and growth of the State University of New York at Fredonia.
Official website here: www.fredonia.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
The Fredonia College Foundation achieved a remarkable Four-Star rating from Charity Navigator, indicating exceptional standards in accountability and finance. This perfect score reflects the foundation's commitment to transparency and responsible financial practices, which are critical for maintaining donor trust and ensuring effective operations.
Strengths highlighted include the foundation's independent governance, with a wholly independent board, as well as a strong financial oversight framework. The organization demonstrates impressive financial health with a program expense ratio of 78.08%, meaning a significant portion of its expenses directly supports its mission. Additionally, the foundation exhibits excellent fundraising efficiency, spending just $0.04 to raise each dollar.
While the foundation's financial metrics present a positive picture, the focus on accountability and governance is essential for potential donors looking for reliable investment opportunities. Overall, the Fredonia College Foundation stands out as a well-managed organization with a strong performance in fiscal responsibility and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Fredonia College Foundation Of The State University Of New York Inc legitimate?
Fredonia College Foundation Of The State University Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fredonia College Foundation Of The State University Of New York 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: $185,219
For more financial information, click here
Official website here: www.fredonia.edu
What is the mission statement of Fredonia College Foundation Of The State University Of New York Inc?
The Fredonia College Foundation of the State University of New York Inc was established with the purpose of encouraging and accepting gifts and endowments to support the priority needs of the State University of New York at Fredonia, its faculty, and students. The organization's primary mission is to facilitate financial aid, primarily in the form of grants and scholarships, to serve the educational needs of the students at the State University of New York at Fredonia. By doing so, the foundation aims to contribute to the overall development and success of the university's academic community.
Official website here: www.fredonia.edu
Who is the CEO of Fredonia College Foundation Of The State University Of New York Inc?
Joseph Falcone is the Chair of Fredonia College Foundation Of The State University Of New York Inc.
Official website here: www.fredonia.edu
What is the revenue of Fredonia College Foundation Of The State University Of New York Inc?
Fredonia College Foundation Of The State University Of New York Inc's revenue in 2022 was $3,368,601.
Official website here: www.fredonia.edu
Who are the executives of Fredonia College Foundation Of The State University Of New York Inc and what are their salaries?
The average compensation at Fredonia College Foundation Of The State University Of New York Inc during 2022 was $46,305. There are 4 employees and 29 volunteers at Fredonia College Foundation Of The State University Of New York Inc.
Here are 33 key members and their salaries:
- Compensation: $0
- Related: $314,868
- Other: $0
- Compensation: $0
- Related: $151,306
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $88,004
- 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
- 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
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fredonia.edu
Where can I find the form 990 for Fredonia College Foundation Of The State University Of New York Inc?
Fredonia College Foundation Of The State University Of New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fredonia.edu
Learn more at the official website: www.fredonia.edu
Mission Statement of Fredonia College Foundation Of The State University Of New York Inc
The Fredonia College Foundation of the State University of New York Inc was established with a mission to encourage and accept gifts and endowments in support of the priority needs of the State University of New York at Fredonia, its faculty, and students. This mission is centered around the idea of fostering financial aid and resources for the university and its community, with a particular focus on its students and faculty. The foundation's primary role involves the disbursement of grants and scholarships, thereby providing essential financial assistance to students, thereby enabling them to pursue their academic pursuits with minimal financial burden. By doing so, the Fredonia College Foundation of the State University of New York Inc plays a pivotal role in supporting the academic and personal growth of its students, thereby contributing to the overall success and development of the 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
October, 2024
Fredonia College Foundation of the State University of New York Inc significantly enhances the educational landscape at the State University of New York at Fredonia by securing and managing gifts and endowments. This support plays a crucial role in addressing the priority needs of the university, benefiting both faculty and students. Through its initiatives, the Foundation provides essential grants and scholarships, facilitating access to education and fostering academic excellence. This impact not only empowers students to pursue their academic goals but also strengthens the overall capacity of the university to nurture talent and innovation in various fields. By prioritizing educational advancement, the foundation contributes to the long-term success of individuals and the community overall.
This information is meant to be a general summary of Fredonia College Foundation Of The State University Of New York 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: $1,027,319
- Gross Receipts: $8,921,322
Assets and Liabilities:
- Total Assets: $48,604,019
- Total Liabilities: $287,166
- Net Assets: $48,316,853
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1964
Phone
(716) 673-3321Principal Officer
Joseph Falcone
Main Address
272 CENTRAL AVE, FREDONIA, NY, 14063
Website
www.fredonia.eduNTEE Category
Code: B11 - Education
If you are a representative of Fredonia College Foundation Of The State University Of New York 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.