Overview
What is Kutztown University Foundation Inc?
The Kutztown University Foundation Inc, located in Kutztown, Pennsylvania, is a nonprofit organization focused on raising funds to enhance educational opportunities at Kutztown University of Pennsylvania. With a team of 44 employees, they aim to support students, faculty, alumni, and the broader university community. Their mission is to develop and elevate the quality of education at the university, contributing to its overall growth and success.
Official website here: www.kuf.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 100%, Four-Star out of Four Star rating.
The Kutztown University Foundation Inc has achieved an impressive Four-Star rating, signifying its strong commitment to accountability and finance. With a perfect score of 100% in this category, the Foundation demonstrates exceptional governance practices, including a board composed entirely of independent members and robust financial oversight mechanisms.
Strengths of the organization include its comprehensive conflict of interest and whistleblower policies, alongside transparent document retention practices. The Foundation maintains a favorable liabilities to assets ratio, indicating sound financial health. Furthermore, a significant portion of its expenditures is directed towards programs, showcasing its focus on fulfilling its mission.
While the organization exhibits numerous strengths, continued transparency and adherence to best practices will be essential for maintaining its excellent rating. Overall, the Kutztown University Foundation Inc stands out as a responsible and well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Kutztown University Foundation Inc legitimate?
Kutztown University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kutztown University 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: $457,896
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,346,852
For more financial information, click here
Official website here: www.kuf.org
What is the mission statement of Kutztown University Foundation Inc?
The Kutztown University Foundation works diligently to raise funds and enhance educational opportunities at Kutztown University of Pennsylvania. The organization's primary focus is on supporting students, faculty, alumni, and the wider university community. Its mission is geared towards improving educational quality through fundraising efforts. Specifically, the foundation provides scholarships to Kutztown University students, contributing significantly to their academic pursuits. In essence, the Kutztown University Foundation aims to foster a thriving academic environment by securing resources for various educational initiatives.
Official website here: www.kuf.org
Who is the CEO of Kutztown University Foundation Inc?
Edward T Richmond is the Vice President of Kutztown University Foundation Inc.
Official website here: www.kuf.org
What is the revenue of Kutztown University Foundation Inc?
Kutztown University Foundation Inc's revenue in 2022 was $14,561,087.
Official website here: www.kuf.org
Who are the executives of Kutztown University Foundation Inc and what are their salaries?
The average compensation at Kutztown University Foundation Inc during 2022 was $41,017. There are 44 employees and 327 volunteers at Kutztown University Foundation Inc.
Here are 29 key members and their salaries:
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Official website here: www.kuf.org
Where can I find the form 990 for Kutztown University Foundation Inc?
Kutztown University Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kuf.org
Learn more at the official website: www.kuf.org
Mission Statement of Kutztown University Foundation Inc
Kutztown University Foundation Inc, a renowned organization, is dedicated to raising funds to enhance and develop top-tier educational opportunities at Kutztown University of Pennsylvania. By doing so, it supports students, faculty, alumni, and the broader university community. This mission is geared towards fostering a thriving academic environment and ensuring access to quality education for all.
The Foundation's primary focus is on providing scholarships to the deserving students of Kutztown University. By offering financial assistance, it enables students to pursue their academic goals and succeed in their chosen fields. This commitment to scholarships reflects the Foundation's belief that financial hardship should not be a barrier to a quality education.
Moreover, Kutztown University Foundation Inc plays a pivotal role in advancing educational opportunities at the University level. It raises funds for various initiatives that enrich the learning experience and expand the horizons of students. These efforts contribute to the overall growth and development of Kutztown University, ensuring it remains a beacon of quality education.
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Impact
October, 2024
Kutztown University Foundation Inc significantly enhances the educational landscape at Kutztown University of Pennsylvania by raising essential funds that support various initiatives. The foundation is dedicated to developing and improving quality educational opportunities for students, faculty, alumni, and the broader university community.
Through its efforts, the foundation provides scholarships that alleviate financial burdens for students, enabling them to pursue their academic goals and contribute to a vibrant campus life. This support not only fosters individual growth but also strengthens the overall community by cultivating engaged and educated individuals.
By focusing on enhancing educational experiences, the foundation plays a crucial role in ensuring that Kutztown University remains a dynamic institution that nurtures talent and promotes the arts. Its work creates a lasting impact, benefiting current students and future generations alike.
This information is meant to be a general summary of Kutztown University 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: $3,044,078
- Program Service Revenue: $5,441,141
- Gross Receipts: $30,410,789
Assets and Liabilities:
- Total Assets: $74,779,996
- Total Liabilities: $25,173,831
- Net Assets: $49,606,165
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING FEES
Revenue
$3,491,765
UNIVERSITY SERVICES
Revenue
$1,940,500
RENTAL OF SCIENTIFIC EQUIPMENT SI
Revenue
$8,876
Organization Details
Founding Year
1982
Phone
(610) 683-1513Principal Officer
Edward T Richmond
Main Address
WEISENBERGER ALUMNI CTR PO BOX 15, KUTZTOWN, PA, 19530
Website
www.kuf.orgNTEE Category
Code: A23 - Arts
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