Overview
What is Foundation Of The University Of The Valley Of Guatemala?
The Foundation of the University of the Valley of Guatemala is a nonprofit organization situated in Princeton, New Jersey. Its primary mission is to enhance education in Guatemala, specifically focusing on increasing the accessibility of scholarships for local students, particularly those from rural, impoverished areas, such as the Maya community. To achieve this objective, the foundation secures funding from sources like USAID/ASHA for the construction, renovation, and provision of necessary resources, such as buildings, commodities, technology, and equipment, for the University of the Valley of Guatemala. The organization's work ultimately aims to improve the overall education system in Guatemala, contributing to the betterment of its citizens.
Official website here: www.usfuvg.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
The Foundation of the University of the Valley of Guatemala has achieved a high level of accountability and finance, reflected in its impressive score of 96%. This rating signifies strong organizational practices, with a fully independent board and exemplary financial oversight. The charity demonstrates a commitment to transparency and ethical governance through its well-documented policies, including conflict of interest and whistleblower policies.
Financially, the Foundation effectively utilizes its resources, as evidenced by its program expense ratio of 82.42%, indicating that a significant portion of its budget is directed towards its mission. The charity has also maintained a low liabilities to assets ratio of 5.38%, showcasing its financial stability and capacity to manage its obligations responsibly.
Overall, the Foundation of the University of the Valley of Guatemala stands out for its strong governance and financial health, ensuring that donor contributions are utilized effectively to support its educational initiatives. No significant limitations or concerns have been noted in the data, reinforcing the organization’s solid performance in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation Of The University Of The Valley Of Guatemala legitimate?
Foundation Of The University Of The Valley Of Guatemala is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of The University Of The Valley Of Guatemala 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: $80,680
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.usfuvg.org
What is the mission statement of Foundation Of The University Of The Valley Of Guatemala?
The Foundation of the University of the Valley of Guatemala operates with the primary objective of enhancing education and increasing the availability of scholarships for Guatemalan students. Specifically, its mission is to improve the educational standards for Guatemalan citizens and provide scholarships to qualified students, particularly those from rural, impoverished communities, such as the Maya population. To accomplish this, the foundation secures funding from sources like USAID/ASHA, which is then used for constructing, renovating, and equipping buildings, procuring commodities, and acquiring technology for the University of the Valley of Guatemala.
Official website here: www.usfuvg.org
Who is the CEO of Foundation Of The University Of The Valley Of Guatemala?
Margaret Willingham is the Director of Foundation Of The University Of The Valley Of Guatemala.
Official website here: www.usfuvg.org
What is the revenue of Foundation Of The University Of The Valley Of Guatemala?
Foundation Of The University Of The Valley Of Guatemala's revenue in 2022 was $1,101,173.
Official website here: www.usfuvg.org
Who are the executives of Foundation Of The University Of The Valley Of Guatemala and what are their salaries?
The average compensation at Foundation Of The University Of The Valley Of Guatemala during 2022 was $40,340. There are 2 employees and 20 volunteers at Foundation Of The University Of The Valley Of Guatemala.
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Official website here: www.usfuvg.org
Where can I find the form 990 for Foundation Of The University Of The Valley Of Guatemala?
Foundation Of The University Of The Valley Of Guatemala's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.usfuvg.org
Learn more at the official website: www.usfuvg.org
Mission Statement of Foundation Of The University Of The Valley Of Guatemala
The Foundation of the University of the Valley of Guatemala is committed to enhancing the educational opportunities and increasing the availability of scholarships for Guatemalan students. This nonprofit organization strives to advance overseas education in general and specifically improve education within Guatemala. Its mission is twofold: to enhance the education of Guatemalan citizens and to increase the accessibility of scholarships for qualified Guatemalan students, particularly those from rural, impoverished backgrounds, such as the Maya community. To accomplish this, the Foundation has secured funding from USAID/ASHA, which has been utilized for constructing and renovating buildings, procuring commodities, technology, and equipment for the University of the Valley of Guatemala.
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Impact
October, 2024
The Foundation of the University of the Valley of Guatemala significantly enhances educational opportunities for Guatemalan students, focusing particularly on underserved communities, including the Maya and rural populations. By increasing the availability of scholarships, the foundation helps to alleviate financial barriers that might otherwise prevent qualified individuals from pursuing higher education.
Additionally, it plays a crucial role in securing funding for essential infrastructure, technology, and equipment needed for the university. This investment not only improves the physical environment of the educational institution but also ensures that students receive a modern and comprehensive education that meets current academic standards. Consequently, the foundation's efforts contribute to the overall advancement of education in Guatemala, fostering a more educated workforce that can address local and global challenges.
This information is meant to be a general summary of Foundation Of The University Of The Valley Of Guatemala. 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: $162,251
- Gross Receipts: $1,824,215
Assets and Liabilities:
- Total Assets: $4,898,595
- Total Liabilities: $263,787
- Net Assets: $4,634,808
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Organization Details
Founding Year
1977
Phone
(607) 737-1996Principal Officer
Margaret Willingham
Main Address
15 ROSZEL ROAD SUITE 10, PRINCETON, NJ, 08540
Website
www.usfuvg.orgNTEE Category
Code: Q113 - International
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