Overview
What is California Polytechnic State University Foundation?
The California Polytechnic State University Foundation is a supporting organization based in San Luis Obispo, California. Established to work in collaboration with California State University, the foundation's primary role is to enhance the educational mission of the university. Through the acquisition, investment, and administration of gifts and endowments, they provide and augment programs that are integral to the university's education. Their areas of support include instruction, research, maintenance, scholarships, and other academic and institutional initiatives. By doing so, the California Polytechnic State University Foundation plays a crucial role in the scientific, literary, educational, and charitable pursuits of the university.
Official website here: www.calpolyfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% - Four-Star out of Four Stars
The California Polytechnic State University Foundation has achieved a perfect score of 100% from Charity Navigator, reflecting exceptional accountability and financial health. This rating is based solely on their accountability and finance metrics, indicating a strong commitment to transparent operations and responsible financial stewardship.
The foundation excels in several areas, including governance, with 10 out of 10 points awarded for having independent board members and a well-sized board. Their financial practices are also commendable, showcasing effective oversight with stringent policies in place, such as conflict of interest and whistleblower policies, which contribute to overall transparency and trustworthiness.
While the organization has demonstrated a robust financial framework, it's important to recognize that this rating is focused exclusively on financial accountability rather than programmatic impact or community engagement. As such, potential donors and supporters are encouraged to consider both financial metrics and the foundation's broader mission and outcomes when evaluating its overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is California Polytechnic State University Foundation legitimate?
California Polytechnic State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California Polytechnic State University Foundation 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.calpolyfoundation.org
What is the mission statement of California Polytechnic State University Foundation?
The California Polytechnic State University Foundation serves as an auxiliary organization to California State University, with the primary goal of supporting the scientific, literary, educational, and charitable purposes of the university. Its mission is to provide and enhance programs integral to the educational mission of the institution, mainly through the acquisition, investment, and administration of gifts and endowments. The foundation's activities focus on expenses related to instruction, research, maintenance, scholarships, and other academic and institutional support within the university.
Official website here: www.calpolyfoundation.org
Who is the CEO of California Polytechnic State University Foundation?
Marc Benadiba is the Ceo (Initial Year) of California Polytechnic State University Foundation. The CEO's salary of California Polytechnic State University Foundation is $0 and their total compensation is $5,714.
Official website here: www.calpolyfoundation.org
What is the revenue of California Polytechnic State University Foundation?
California Polytechnic State University Foundation's revenue in 2022 was $59,131,933.
Official website here: www.calpolyfoundation.org
Who are the executives of California Polytechnic State University Foundation and what are their salaries?
There 23 volunteers at California Polytechnic State University Foundation.
Here are 30 key members and their salaries (California Polytechnic State University Foundation's CEO's salary is $0 and their total compensation is $5,714):
- Compensation: $0
- Related: $5,714
- Other: $0
- Compensation: $0
- Related: $454,812
- Other: $110,040
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $162,900
- Other: $73,300
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $61,686
- Other: $85
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $145,110
- Other: $55,151
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $334,704
- Other: $64,634
- Compensation: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $306,384
- Other: $55,466
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.calpolyfoundation.org
Where can I find the form 990 for California Polytechnic State University Foundation?
California Polytechnic State University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.calpolyfoundation.org
Learn more at the official website: www.calpolyfoundation.org
Mission Statement of California Polytechnic State University Foundation
The California Polytechnic State University Foundation serves as a crucial auxiliary organization of California State University, San Luis Obispo. Its primary mission is to bolster the educational purposes of the university by managing and administering gifts and endowments. This support is essential in enhancing various academic and institutional aspects, primarily through the provisions of instruction, research, maintenance, scholarships, and other academic initiatives. The foundation's activities are carefully aligned with the university's mission to provide a well-rounded educational experience.
In essence, the California Polytechnic State University Foundation plays a vital role in expanding the scope of opportunities available to students and faculty at California State University, San Luis Obispo. By raising funds and efficiently managing resources, the foundation ensures that the university's educational mission remains strong and vibrant. Through its dedication to acquiring, investing, and administering these vital resources, it enables the university to excel in its academic pursuits and provide a superior learning environment for its students.
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Impact
October, 2024
The California Polytechnic State University Foundation significantly enhances the educational landscape at California Polytechnic State University, San Luis Obispo. By operating as an auxiliary organization, it plays a crucial role in supporting the university's scientific, literary, educational, and charitable initiatives.
Focused on the university's educational mission, the Foundation allocates resources toward essential activities such as instruction, research, and maintenance. It also provides vital scholarships and institutional support, ensuring that students have access to quality education and opportunities for academic growth.
The Foundation's mission centers around augmenting programs that are integral to the university's objectives, primarily through the acquisition, investment, and management of gifts and endowments. This strategic approach not only enhances the educational experiences of students but also fosters an environment of academic excellence and innovation at Cal Poly.
This information is meant to be a general summary of California Polytechnic State University Foundation. 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: $8,027,276
- Gross Receipts: $121,745,511
Assets and Liabilities:
- Total Assets: $387,833,874
- Total Liabilities: $14,648,942
- Net Assets: $373,184,932
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Organization Details
Founding Year
2006
Phone
(805) 756-5864Principal Officer
Marc Benadiba
Main Address
ONE GRAND AVENUE BLDG 117 208, SAN LUIS OBISPO, CA, 934070443
Website
www.calpolyfoundation.orgNTEE Category
Code: B11 - Education
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