Overview
What is State University College At Brockport Foundation Inc?
State University College at Brockport Foundation Inc, based in Brockport, New York, is a dedicated nonprofit organization. Their primary mission is to foster a culture of philanthropy and engagement, supporting and enriching the academic programs and campus life at the college. Since 1976, they have been partnering with the State University College at Brockport to achieve this goal. The foundation manages financial contributions, overseeing investments and ensuring sustainable funding for scholarships, academic enhancements, facility improvements, and special events. Through these initiatives, the foundation aims to provide a transformational educational experience for students. Their efforts extend beyond financial support, with the organization offering 881 scholarships, 32 summer research awards, and 83 student travel awards. These programs help to alleviate financial burdens for students, enabling them to focus on their studies and opportunities for growth. The State University College at Brockport Foundation Inc is a vital component in the college's mission to support student success.
Official website here: www.alumni.brockport.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star Rating)
The State University College At Brockport Foundation Inc has received an impressive Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. The organization boasts a 95% score in this category, reflecting its commitment to transparency and responsible management of funds. The high rating is primarily based on its robust financial practices and the presence of a majority independent board.
Strengths highlighted in the assessment include a fully independent board of 19 members, the absence of material diversion of assets, and exemplary financial oversight. The foundation has demonstrated excellent fundraising efficiency and a high program expense ratio, ensuring that a significant portion of its revenue directly supports its mission. The presence of comprehensive policies regarding conflicts of interest and whistleblower protections further enhances its credibility.
While the foundation shows great strengths in financial management and governance, the data does not highlight any specific limitations. Overall, the foundation appears to be a well-managed organization with a strong focus on accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is State University College At Brockport Foundation Inc legitimate?
State University College At Brockport Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. State University College At Brockport 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: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.alumni.brockport.edu/foundation
What is the mission statement of State University College At Brockport Foundation Inc?
The State University College at Brockport Foundation Inc's mission is centered around fostering a culture of philanthropy and engagement. Established in 1976, the foundation works in collaboration with the college to support its mission of student success. The foundation, in conjunction with the Division of Advancement, manages the investment and financial aspects of all gifts received by the college. A group of dedicated volunteers contributes their time, talent, and resources to ensure the availability of sustainable funding for scholarships, academic enhancements, facility improvements, and special events. This commitment enables the college to provide a transformative educational experience for its students.
Official website here: www.alumni.brockport.edu/foundation
Who is the CEO of State University College At Brockport Foundation Inc?
Michael Andriatch is the President of State University College At Brockport Foundation Inc.
Official website here: www.alumni.brockport.edu/foundation
What is the revenue of State University College At Brockport Foundation Inc?
State University College At Brockport Foundation Inc's revenue in 2023 was $3,609,167.
Official website here: www.alumni.brockport.edu/foundation
Who are the executives of State University College At Brockport Foundation Inc and what are their salaries?
There 225 volunteers at State University College At Brockport Foundation Inc.
Here are 24 key members and their salaries:
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- Related: $102,044
- Other: $22,528
Official website here: www.alumni.brockport.edu/foundation
Where can I find the form 990 for State University College At Brockport Foundation Inc?
State University College At Brockport Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.alumni.brockport.edu/foundation
Learn more at the official website: www.alumni.brockport.edu/foundation
Mission Statement of State University College At Brockport Foundation Inc
The State University College at Brockport Foundation Inc, established in 1976, is committed to fostering a culture of philanthropy and engagement. Their mission is to support the institution's mission of student success by managing and investing funds donated to the College at Brockport. This dedicated group of volunteers, referred to as the Foundation, contributes their time, talent, and resources to ensure the availability of sustainable funding for scholarships, academic enhancements, facility improvements, and special events. By doing so, the State University College at Brockport Foundation Inc aims to provide a transformational educational experience for its students.
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Impact
October, 2024
The State University College at Brockport Foundation Inc significantly enhances the academic landscape and campus experience for its students. By advancing a culture of philanthropy and engagement, it provides vital funding that supports and enriches various educational programs. This includes the distribution of 881 scholarships, enabling students to pursue their academic goals with greater financial ease. Moreover, the foundation allocates resources for 32 summer research awards and 83 student travel awards, fostering opportunities for hands-on learning and global engagement.
Established in 1976, the foundation collaborates closely with the College at Brockport to cultivate an environment that prioritizes student success. Their dedicated team of volunteers actively manages and invests all gifts to the college, ensuring sustainable funding for essential scholarships and enhancements that improve facilities and academic resources. This commitment allows the college to deliver a transformative educational experience, enriching the lives of its students and the broader community in Brockport, NY.
This information is meant to be a general summary of State University College At Brockport 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: $784,642
- Program Service Revenue: $393,795
- Gross Receipts: $5,881,008
Assets and Liabilities:
- Total Assets: $32,182,396
- Total Liabilities: $108,716
- Net Assets: $32,073,680
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENTS
Revenue
$260,645
SPONSORSHIPS
Revenue
$72,250
SALES OF ITEMS
Revenue
$60,900
Organization Details
Founding Year
1976
Phone
(585) 395-2451Principal Officer
Michael Andriatch
Main Address
350 NEW CAMPUS DRIVE, BROCKPORT, NY, 14420
NTEE Category
Code: B42I - Education
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