Overview
What is William Paterson University Of New Jersey Foundation Inc?
William Paterson University of New Jersey Foundation Inc, located in Wayne, New Jersey, is a dedicated nonprofit organization. Its primary mission is to secure philanthropic funding by identifying and pursuing private gifts, grants, and endowments. The foundation serves as a steward of these funds, aiming to position William Paterson University as a prominent public institution of higher learning in New Jersey. Success in this mission enhances the university's standing within the academic and business community. The foundation also provides exceptional customer service to its donors, university community members, and other constituent groups. Its main activity involves raising funds to offer scholarships to enrolled students demonstrating academic proficiency or financial need. These scholarships significantly assist students in covering tuition costs, thereby encouraging continued education.
Official website here: www.wpunj.edu/giving
What are the reviews and ratings of this charity?
97% rating from Charity Navigator indicates a Four-Star out of Four Stars status for the William Paterson University Of New Jersey Foundation Inc. This high score reflects a strong emphasis on accountability and finance, with all aspects indicating robust financial health and transparency.
The foundation boasts a fully independent board, comprising 21 members, and has achieved perfect scores in numerous categories, such as its audit and oversight processes, absence of material asset diversions, and comprehensive governance policies. The organization demonstrates excellent financial management, reflected in a program expense ratio of 89.52% and impressive fundraising efficiency.
There are no noted limitations or concerns in the available data, underscoring the organization's commitment to ethical practices and effective stewardship of resources. Overall, the William Paterson University Of New Jersey Foundation Inc represents a trustworthy choice for donors seeking to support higher education initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is William Paterson University Of New Jersey Foundation Inc legitimate?
William Paterson University Of New Jersey Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. William Paterson University Of New Jersey 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.wpunj.edu/giving
What is the mission statement of William Paterson University Of New Jersey Foundation Inc?
The William Paterson University of New Jersey Foundation's mission is centered around securing philanthropic funding. This is achieved by identifying and pursuing private gifts, grants, and endowments. The primary goal is to enhance the standing of William Paterson University as a prominent public institution of higher learning in New Jersey. The foundation serves as the steward of these funds, and the university's progress in this regard is recognized within the academic and business community. Furthermore, the foundation is committed to providing exceptional customer service to donors, members of the university community, and other relevant groups.
Official website here: www.wpunj.edu/giving
Who is the CEO of William Paterson University Of New Jersey Foundation Inc?
Pamela L Ferguson is the Chair of William Paterson University Of New Jersey Foundation Inc.
Official website here: www.wpunj.edu/giving
What is the revenue of William Paterson University Of New Jersey Foundation Inc?
William Paterson University Of New Jersey Foundation Inc's revenue in 2022 was $5,809,697.
Official website here: www.wpunj.edu/giving
Who are the executives of William Paterson University Of New Jersey Foundation Inc and what are their salaries?
There 26 volunteers at William Paterson University Of New Jersey Foundation Inc.
Here are 27 key members and their salaries:
- 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: $93,270
- Related: $0
- Other: $15,312
Official website here: www.wpunj.edu/giving
Where can I find the form 990 for William Paterson University Of New Jersey Foundation Inc?
William Paterson University Of New Jersey Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wpunj.edu/giving
Learn more at the official website: www.wpunj.edu/giving
Mission Statement of William Paterson University Of New Jersey Foundation Inc
The William Paterson University of New Jersey Foundation Inc is committed to securing philanthropic funding by identifying and pursuing private gifts, grants, and endowments. Their mission is twofold: firstly, they aim to position William Paterson University as a distinguished public institution of higher learning in New Jersey. Success in this endeavor is recognized by the university's advancement in the academic and business community. Secondly, the foundation is dedicated to providing exceptional customer service to its donors, members of the university community, and other constituent groups. In essence, the William Paterson University of New Jersey Foundation Inc serves as a steward of philanthropic funds, working tirelessly to enhance the standing of the university and cater to the needs of its supporters.
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
William Paterson University of New Jersey Foundation Inc plays a vital role in enhancing the educational landscape of New Jersey. By securing philanthropic funding through private gifts, grants, and endowments, the Foundation ensures that William Paterson University can provide critical financial assistance to students. These scholarships remove financial barriers, enabling eligible students to focus on their academic pursuits without the burden of repayment or work obligations.
The impact is profound: students demonstrating academic proficiency and financial need receive support that not only aids their immediate educational goals but also encourages continued success and personal development. As these students thrive, the university enhances its reputation as a preeminent public institution, fostering a more robust academic and business community in New Jersey. The Foundation’s commitment to exceptional service also strengthens relationships with donors and the broader university community, thereby cultivating a supportive environment for future innovation and growth.
This information is meant to be a general summary of William Paterson University Of New Jersey 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: $2,552,223
- Gross Receipts: $11,130,739
Assets and Liabilities:
- Total Assets: $42,041,439
- Total Liabilities: $1,022,457
- Net Assets: $41,018,982
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1992
Phone
(973) 720-2615Principal Officer
Pamela L Ferguson
Main Address
300 POMPTON ROAD, WAYNE, NJ, 07470
Website
www.wpunj.edu/givingNTEE Category
Code: B43 - Education
If you are a representative of William Paterson University Of New Jersey Foundation 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.