Overview
What is Missouri Western State University Foundation Inc?
Missouri Western State University Foundation Inc is a charitable organization based in St. Joseph, Missouri, with an address at 4525 Downs Drive, specifically in Spratt. Its primary mission is to support projects and scholarships for students attending Missouri Western State University. The foundation promotes private giving and aims to position the university as a leader in public higher education. It manages contributions, invests and maintains these resources, and directs them towards serving the university and its students, thereby furthering the institution's mission and goals.
Official website here: www.missouriwestern.edu
What are the reviews and ratings of this charity?
**Missouri Western State University Foundation Inc**
**Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)**
Missouri Western State University Foundation Inc has achieved a perfect score of 100%, reflecting exceptional accountability and financial management practices. This high rating indicates that the organization maintains best practices in transparency, with a highly independent board and robust oversight mechanisms in place. Significant metrics like a 91.07% program expense ratio demonstrate that the vast majority of funds are effectively utilized for programmatic purposes rather than administrative costs.
The Foundation is noted for its effective fundraising efficiency, with a low cost of only $0.05 to raise each dollar. This showcases a commitment to maximizing donor contributions directly towards supporting the university's mission. Additionally, it has established solid financial stability, evidenced by a favorable working capital ratio of 10.27 years, ensuring it has the capacity to support its initiatives in the long term.
Currently, there are no available user reviews from GreatNonprofits, which limits the opportunity to capture personal experiences or sentiments regarding the foundation's impact on its beneficiaries. Nonetheless, the financial indicators and governance practices suggest a well-managed organization dedicated to its purpose.
This AI summary has been generated from information found on Charity Navigator.
Is Missouri Western State University Foundation Inc legitimate?
Missouri Western State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missouri Western State 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $186,623
For more financial information, click here
Official website here: www.missouriwestern.edu
What is the mission statement of Missouri Western State University Foundation Inc?
The Missouri Western State University Foundation Inc is a charitable organization with a mission to support Missouri Western State University. It functions primarily to promote private giving and help the university advance in the realm of public higher education. The foundation receives, invests, maintains, and administrates contributed resources, and utilizes these resources to further the mission and goals of Missouri Western State University, ultimately serving the university and its students.
Official website here: www.missouriwestern.edu
What is the revenue of Missouri Western State University Foundation Inc?
Missouri Western State University Foundation Inc's revenue in 2024 was $7,773,991.
Official website here: www.missouriwestern.edu
Who are the executives of Missouri Western State University Foundation Inc and what are their salaries?
There 97 volunteers at Missouri Western State University Foundation Inc.
Here are 30 key members and their salaries:
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- Related: $175,875
- Other: $61,549
Official website here: www.missouriwestern.edu
Where can I find the form 990 for Missouri Western State University Foundation Inc?
Missouri Western State University Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.missouriwestern.edu
Learn more at the official website: www.missouriwestern.edu
Mission Statement of Missouri Western State University Foundation Inc
Missouri Western State University Foundation Inc is a charitable organization with a mission to promote private giving and assist Missouri Western State University in its advancement towards becoming a leader in public higher education. The foundation operates as a not-for-profit entity, dedicated solely to supporting Missouri Western State University's mission as outlined in the university's mission statement. The foundation's role involves receiving, investing, maintaining, and administering contributed resources. These resources are then directed towards serving the university and its students, ultimately helping the institution to achieve its objectives and goals. In essence, Missouri Western State University Foundation Inc plays a crucial role in strengthening the university's financial support system and contributing to its growth and development.
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Impact
October, 2024
Missouri Western State University Foundation Inc significantly enhances the educational landscape by promoting private giving, which empowers the university to advance its mission and remain competitive in public higher education. By directing contributions toward vital projects and scholarships, the foundation plays a crucial role in supporting students at Missouri Western State University. The funds raised are strategically invested to maintain and administer resources that benefit both the institution and its students. This commitment facilitates access to quality education, enriches academic offerings, and fosters a dynamic learning environment, thereby directly impacting the success and opportunities available to the student body. Through its efforts, the foundation ensures that Missouri Western State University continues to thrive as a leading educational institution in Missouri.
This information is meant to be a general summary of Missouri Western State 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 2024.
- Investment Income: $1,654,157
- Program Service Revenue: $642,163
- Gross Receipts: $15,190,768
Assets and Liabilities:
- Total Assets: $52,859,336
- Total Liabilities: $928,171
- Net Assets: $51,931,165
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP
Revenue
$286,605
FEES & REIMBURSEMENTS
Revenue
$270,540
EXCHANGE REVENUE
Revenue
$85,018
Organization Details
Founding Year
1968
Principal Officer
Modlin Pat
Website
www.missouriwestern.eduNTEE Category
Code: B82 - Education
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