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Central Washington University Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237017467 ✦ Ellensburg, WA ✦ Designated as a 501(c)(3)

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Overview

What is Central Washington University Foundation?

The Central Washington University Foundation is a collaborative initiative between dedicated volunteers, donors, alumni, friends, and the university community. Situated in Ellensburg, Washington, this nonprofit organization primarily focuses on raising private funds. These funds are primarily allocated to Central Washington University (CWU) to assistance individuals through scholarships. The Central Washington University Foundation serves as a vital partner in supporting the students, faculty, and programs at CWU, contributing significantly to their academic journey and growth.


Official website here: www.cwu.edu

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% (Four-Star out of Four Stars)

The Central Washington University Foundation has received an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With a strong score of 95% overall, the foundation demonstrates excellent governance practices, including a fully independent board and robust financial oversight. The organization has maintained a clean record with no material diversion of assets and effective governance policies in place.

Financially, the foundation excels with a program expense ratio of 78.77%, ensuring that a significant portion of its funding directly supports its programs. Its fundraising efficiency is commendable, with only $0.11 spent to raise each dollar, showcasing effective resource management. Furthermore, the foundation enjoys a favorable liabilities to assets ratio of 6.08%, indicating sound financial stability and minimal debt.

Overall, the Central Washington University Foundation stands out for its strong governance and financial practices, making it a trustworthy organization for potential donors. There are no notable limitations or concerns reflected in the data, reinforcing its reputation for transparency and efficiency in its operations.


This AI summary has been generated from information found on Charity Navigator.

Is Central Washington University Foundation legitimate?

Central Washington University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Washington 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: $0
Professional Fundraising Fees: $206,085
Other Salaries and Wages: $214,782

For more financial information, click here


Official website here: www.cwu.edu

What is the mission statement of Central Washington University Foundation?

The Central Washington University Foundation operates as a collaborative effort between dedicated volunteers, donors, alumni, friends, and university communities. Their primary objective is to raise private funds, which in turn support the academic pursuits, faculty, and various programs at Central Washington University. A significant portion of these funds is allocated towards providing scholarships to students. The foundation serves as a crucial partner in enhancing the educational opportunities and experiences at Central Washington University.


Official website here: www.cwu.edu

What is the revenue of Central Washington University Foundation?

Central Washington University Foundation's revenue in 2024 was $12,977,685.


Official website here: www.cwu.edu

Who are the executives of Central Washington University Foundation and what are their salaries?

There 29 volunteers at Central Washington University Foundation.

Here are 28 key members and their salaries:


Paul Elstone (Executive Director)
  • Compensation: $111,675
  • Related: $0
  • Other: $23,121
Wendy Iwaszuk (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Backus (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Fisher (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Hanson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Christophersen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Hatlestad (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Remak (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey O'Donnell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Richards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Daly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Bengston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Hill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Conquergood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Barlow (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Conner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Mccammant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Brace (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Nicklaus (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Gibson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Nomura (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karina Busch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leticia Yellam (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noreen Reis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teri Bariquit (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angelina Smith (Board Member (Thru 11/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Davis (Board Member (Thru 05/24))
  • Compensation: $0
  • Related: $0
  • Other: $0
Ozo Jaculewicz (Board Member (Thru 08/23))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cwu.edu

Where can I find the form 990 for Central Washington University Foundation?

Central Washington University Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.cwu.edu

Learn more at the official website: www.cwu.edu

Mission Statement of Central Washington University Foundation

The Central Washington University Foundation serves as a collaborative effort between dedicated volunteers, donors, alumni, friends, and university communities. Their mission is to raise private funds, which are then utilized to support the students, faculty, and programs at Central Washington University. This nonprofit organization plays a vital role in allocating a significant portion of these funds towards scholarships, aimed at providing assistance to individuals at the university.

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Impact




October, 2024

The Central Washington University Foundation plays a vital role in enhancing the educational opportunities and overall experience for students at Central Washington University. By collaborating with dedicated volunteers, donors, alumni, and friends, the foundation successfully raises private funds aimed at supporting the university’s mission.

A significant portion of the funds is allocated to scholarships, providing critical financial assistance to students in need. This support not only alleviates the financial burden on individuals but also fosters a more diverse and inclusive learning environment. Additionally, the foundation’s efforts benefit faculty and various university programs, ensuring that educational resources and initiatives remain robust and effective.

Through its impactful initiatives, the Central Washington University Foundation strengthens the university community and empowers students to achieve their academic and career goals.




This information is meant to be a general summary of Central Washington 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.

Revenue
$12,977,685 (2024)
Expenses
$4,675,444 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,236,233
  • Program Service Revenue: $1,710
  • Gross Receipts: $23,741,301

Assets and Liabilities:

  • Total Assets: $53,960,168
  • Total Liabilities: $3,281,270
  • Net Assets: $50,678,898

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM EVENTS

Revenue

$1,710

Organization Details

Founding Year

1968

Principal Officer

Paul Elstone

NTEE Category

Code: B84 - Education

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