Overview
What is Millersville University Foundation?
Millersville University Foundation is a charitable and educational nonprofit organization based in Millersville, Pennsylvania. It is primarily focused on managing and investing funds raised from alumni and supporters of Millersville University of Pennsylvania. The foundation's mission extends beyond financial management, as it also provides scholarships, awards, and grants to both students and organizations affiliated with the university. This support aims to enrich the educational experience and foster growth within the Millersville University community.
Official website here: www.millersville.edu/mufoundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Millersville University Foundation has received an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The foundation's overall score is derived entirely from its accountability and finance metrics, indicating that it excels in managing its resources effectively and responsibly.
The foundation boasts complete independence among its board members, which is vital for impartial governance. It has a robust financial oversight structure, with no material diversion of assets reported. The foundation's policies regarding conflict of interest, whistleblower protections, and document retention are all in place, contributing to its high marks in accountability.
One notable strength is the foundation's program expense ratio of 78.62%, demonstrating that a significant portion of its funds is directed toward its programs rather than administrative costs. However, while the foundation showcases strong financial practices, ongoing efforts to maintain transparency and accountability will be crucial for sustaining its reputation and trust within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Millersville University Foundation legitimate?
Millersville University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Millersville 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.
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Official website here: www.millersville.edu/mufoundation/
What is the mission statement of Millersville University Foundation?
The Millersville University Foundation is a non-profit organization, primarily functioning for charitable and educational purposes. It manages and invests funds received from alumni and supporters of Millersville University of Pennsylvania. The foundation's mission is to channel these funds into various programs, primarily offering scholarships, awards, and grants for students or organizations affiliated with Millersville University. Its main objective is to support the educational endeavors of the university and its community.
Official website here: www.millersville.edu/mufoundation/
Who is the CEO of Millersville University Foundation?
Mr Joseph Garner is the President of Millersville University Foundation.
Official website here: www.millersville.edu/mufoundation/
What is the revenue of Millersville University Foundation?
Millersville University Foundation's revenue in 2023 was $2,567,203.
Official website here: www.millersville.edu/mufoundation/
Who are the executives of Millersville University Foundation and what are their salaries?
There 25 volunteers at Millersville University Foundation.
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Official website here: www.millersville.edu/mufoundation/
Where can I find the form 990 for Millersville University Foundation?
Millersville University Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.millersville.edu/mufoundation/
Learn more at the official website: www.millersville.edu/mufoundation/
Mission Statement of Millersville University Foundation
Millersville University Foundation, a non-profit organization, is dedicated to charitable and educational pursuits. Operating solely for these purposes, the foundation manages and invests funds generously donated by alumni and supporters of Millersville University of Pennsylvania. The primary mission of Millersville University Foundation lies in its management of these funds, which it subsequently utilizes to provide scholarships, awards, and grants for both students and organizations affiliated with Millersville University. By doing so, the foundation plays a crucial role in supporting the academic and personal growth of its university community.
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Impact
October, 2024
The Millersville University Foundation plays a pivotal role in enhancing educational opportunities for students at Millersville University. Through the management and investment of funds contributed by alumni and friends, the foundation provides essential support in the form of scholarships, awards, and grants. These initiatives help to alleviate the financial burdens faced by students, making higher education more accessible and fostering academic excellence. By investing in the future of students and the university community, the foundation significantly contributes to the overall educational landscape in Millersville, Pennsylvania. Its impact resonates through the success of countless students who benefit from these programs, ultimately enriching the university and the broader community.
This information is meant to be a general summary of Millersville 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 2023.
- Investment Income: $1,593,903
- Gross Receipts: $7,092,456
Assets and Liabilities:
- Total Assets: $59,715,381
- Total Liabilities: $3,502,230
- Net Assets: $56,213,151
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Organization Details
Founding Year
1966
Phone
(717) 871-7520Principal Officer
Mr Joseph Garner
Main Address
DUNCAN ALUM HS 207 N GEORGE ST, MILLERSVILLE, PA, 17551
NTEE Category
Code: B43I - Education
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