Overview
What is Shippensburg University Foundation?
The Shippensburg University Foundation is a nonprofit organization based in Shippensburg, Pennsylvania, with the address 500 Newburg Road, 17257. Their mission is to support Shippensburg University by securing funds for the benefit of its students and programs. The foundation raises annual and capital donations, which are allocated towards various University priorities, including scholarships, student and faculty research, cultural programming, equipment, facilities, and other needs. The Shippensburg University Foundation also manages endowed funds, offers quality off-campus student housing, and runs an on-campus child and family center. This organization plays a crucial role in enhancing the educational experience of over 900 students by providing them with scholarships, awards, low-interest loans, and emergency assistance.
Official website here: www.sufoundation.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 95% (Four-Star out of Four Star rating)
The Shippensburg University Foundation has achieved an impressive Four-Star rating from Charity Navigator, with a total score of 95%. This high rating is reflective of the organization's strong accountability and financial health, primarily assessed through its accountability and finance score. Notably, the foundation excels in areas such as having a fully independent board, sound financial oversight, and transparent policies regarding conflicts of interest and whistleblower protections.
Strengths of the Shippensburg University Foundation include its strong financial ratios, with an impressive program expense ratio of 73.12%, indicating a significant portion of funds dedicated to programmatic activities. Additionally, the foundation demonstrates excellent fundraising efficiency, with only $0.07 spent to raise each dollar. The organization also has a robust working capital ratio, with 8.00 years available, showcasing its financial sustainability.
There are no significant limitations noted in the data. The foundation appears to be well-managed with no material diversion of assets and maintains a comprehensive approach to governance and financial transparency, further enhancing its reputation within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Shippensburg University Foundation legitimate?
Shippensburg University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shippensburg 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: $438,325
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,528,730
For more financial information, click here
Official website here: www.sufoundation.org
What is the mission statement of Shippensburg University Foundation?
The Shippensburg University Foundation plays a crucial role in raising funds for the betterment of Shippensburg University. Its mission encompasses securing both annual and capital support for various aspects of the institution. These areas include scholarships, student and faculty research, cultural programming, equipment, facilities, and other University priorities. Additionally, the foundation manages endowed funds, offers quality off-campus student housing, and operates an on-campus child and family center. Ultimately, the Shippensburg University Foundation is dedicated to enhancing the student experience and supporting the academic pursuits of the university.
Official website here: www.sufoundation.org
Who is the CEO of Shippensburg University Foundation?
Chrystal K Miracle is the Principal Officer of Shippensburg University Foundation. The CEO's salary of Shippensburg University Foundation is $270,340 and their total compensation is $324,350.
Official website here: www.sufoundation.org
What is the revenue of Shippensburg University Foundation?
Shippensburg University Foundation's revenue in 2022 was $14,164,957.
Official website here: www.sufoundation.org
Who are the executives of Shippensburg University Foundation and what are their salaries?
The average compensation at Shippensburg University Foundation during 2022 was $18,213. There are 108 employees and 259 volunteers at Shippensburg University Foundation.
Here are 24 key members and their salaries (Shippensburg University Foundation's CEO's salary is $270,340 and their total compensation is $324,350):
- Compensation: $270,340
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- Other: $54,010
- Compensation: $161,405
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Official website here: www.sufoundation.org
Where can I find the form 990 for Shippensburg University Foundation?
Shippensburg University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sufoundation.org
Learn more at the official website: www.sufoundation.org
Mission Statement of Shippensburg University Foundation
The Shippensburg University Foundation is a philanthropic organization dedicated to raising funds for the betterment of Shippensburg University and its students. Its mission is multifaceted, encompassing the procurement of annual and capital contributions for various University needs. These areas include scholarships, research initiatives for both students and faculty, cultural programming, essential equipment, and facility improvements. In addition, the Foundation manages endowed funds, ensuring their effective use to sustain the University's mission and goals.
Beyond financial support, the Shippensburg University Foundation is committed to providing quality off-campus housing for students and operating an on-campus child and family center. This comprehensive approach to support allows the Foundation to contribute to the overall wellbeing and success of the academic community it serves. By securing funds, the Shippensburg University Foundation plays a vital role in enhancing the educational experience for students and advancing the research and cultural pursuits of the institution.
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Impact
October, 2024
The Shippensburg University Foundation plays a crucial role in enhancing the educational landscape for students at Shippensburg University. By securing funds, the Foundation supports scholarships, research initiatives, and cultural programming, directly impacting the academic and personal growth of over 900 students who rely on its assistance.
Through a combination of annual and capital support, the Foundation provides essential resources for student and faculty research, enabling innovative projects that contribute to a vibrant academic community. It also allocates funds for equipment and facilities upgrades, ensuring that students have access to quality resources while pursuing their education.
In addition to financial support, the Foundation manages endowed funds, which create a lasting impact on the university's ability to offer high-quality education. Furthermore, its provision of low-interest loans and emergency assistance helps students navigate financial challenges, ultimately making higher education more accessible.
The Foundation's commitment extends beyond academics with its operation of quality off-campus housing options and an on-campus child and family center, providing families with critical support and resources. In doing so, the Shippensburg University Foundation not only enhances the university's offerings but also transforms the lives of the students it serves, fostering a diverse and thriving academic environment.
This information is meant to be a general summary of Shippensburg 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: $2,566,400
- Program Service Revenue: $4,356,456
- Gross Receipts: $25,474,999
Assets and Liabilities:
- Total Assets: $81,996,654
- Total Liabilities: $18,824,674
- Net Assets: $63,171,980
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Student Housing & University Leased Property
Revenue
$2,405,929
Academic, Cultural & Other
Revenue
$787,769
Camps, Conferences & Events
Revenue
$593,844
Child & Family Center
Revenue
$436,328
Athletics - Misc & Other
Revenue
$132,586
Organization Details
Founding Year
1977
Phone
(717) 477-1377Principal Officer
Chrystal K Miracle
Main Address
500 Newburg Road, Shippensburg, PA, 17257
Website
www.sufoundation.orgNTEE Category
Code: B110 - Education
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