Overview
What is The Baruch College Fund?
The Baruch College Fund is a nonprofit organization based in New York City, specifically at ONE BERNARD BARUCH WAY, supporting educational initiatives at Bernard M. Baruch College of the City University of New York. They contribute through scholarships, awards, and grants to enhance various aspects of the college, including its theater, publications, faculty, art gallery, and student services. Student services include the Starr Career Development Center, Schwartz Communication Institute, and Weissman Center for International Business, benefiting the entire student body. Furthermore, the Fund covers expenses and compensation supplements for the college to attract and retain top talent, contributing to its educational mission. The organization's primary focus is on fostering and promoting the educational well-being of Baruch College students.
Official website here: www.baruch.cuny.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Baruch College Fund has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The overall score is derived from a strong performance in various financial benchmarks, including a commendable program expense ratio of 81.01% and a very low fundraising efficiency ratio of $0.12, indicating effective use of donations for its mission.
The organization stands out for its governance, boasting an independent board with 98% of members being independent, which helps ensure impartial decision-making. Additionally, it has established rigorous oversight mechanisms, as evidenced by its solid audit and oversight committee. The presence of critical policies like conflict of interest and whistleblower protections further enhances its credibility and operational transparency.
However, while the financial metrics are robust, the summary does not provide information on programmatic impact or community engagement, which could offer a fuller picture of the nonprofit’s overall effectiveness. Nonetheless, the Baruch College Fund demonstrates a strong commitment to financial integrity and responsible management of resources.
This AI summary has been generated from information found on Charity Navigator.
Is The Baruch College Fund legitimate?
The Baruch College Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Baruch College Fund 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: $162,730
Professional Fundraising Fees: $218,760
Other Salaries and Wages: $7,352,958
For more financial information, click here
Official website here: www.baruch.cuny.edu
What is the mission statement of The Baruch College Fund?
The Baruch College Fund is a non-profit organization dedicated to enhancing the educational experience of students at Bernard M. Baruch College of the City University of New York. Through various means, the fund works towards this goal, primarily by providing scholarships, awards, and grants for the college's educational programs. These initiatives support various aspects of the institution, including its theater, publications, faculty, art gallery, and student services. Student services encompass offerings like the Starr Career Development Center, the Schwartz Communication Institute, and the Weissman Center for International Business, benefiting the entire student body. In addition to financial assistance, the fund contributes expenses to help the college attract and retain talented individuals, furthering its educational mission.
Official website here: www.baruch.cuny.edu
Who is the CEO of The Baruch College Fund?
Helen Mills is the Pres. Of Baruch College of The Baruch College Fund.
Official website here: www.baruch.cuny.edu
What is the revenue of The Baruch College Fund?
The Baruch College Fund's revenue in 2022 was $26,760,125.
Official website here: www.baruch.cuny.edu
Who are the executives of The Baruch College Fund and what are their salaries?
The average compensation at The Baruch College Fund during 2022 was $14,022. There are 536 employees and 1 volunteer at The Baruch College Fund.
Here are 60 key members and their salaries:
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Official website here: www.baruch.cuny.edu
Where can I find the form 990 for The Baruch College Fund?
The Baruch College Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.baruch.cuny.edu
Learn more at the official website: www.baruch.cuny.edu
Mission Statement of The Baruch College Fund
The Baruch College Fund, a dedicated organization, is committed to advancing the educational welfare of students at Bernard M. Baruch College of the City University of New York. Through various means, the Fund generates, encourages, and promotes educational opportunities for the student body.
The Baruch College Fund supports the college by providing scholarships, awards, and grants. These financial aids are allocated to diverse educational purposes, encompassing the support of the college's theater, publications, faculty, art gallery, and student services. Student services, such as the Starr Career Development Center, the Schwartz Communication Institute, and the Weissman Center for International Business, cater to the entire student body, helping them develop essential skills and knowledge.
Additionally, the Fund covers expenses, including compensation supplements, on behalf of the college to attract and retain top talent in carrying out its educational mission. By doing so, The Baruch College Fund plays a pivotal role in ensuring the college maintains a high standard of education and academic excellence.
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Impact
October, 2024
The Baruch College Fund significantly enhances the educational experience of students at Bernard M. Baruch College of the City University of New York. By providing scholarships and awards, the Fund helps to alleviate the financial burdens that students face, allowing them to focus more on their studies and extracurricular activities.
Moreover, the Fund supports essential resources such as the Starr Career Development Center, empowering students with career opportunities and professional guidance. It also backs the Schwartz Communication Institute and the Weissman Center for International Business, which enhances students' communication skills and global business acumen.
In addition to student-focused initiatives, the Fund contributes to the college's cultural and academic life by funding programs in the theater, publications, and art gallery, enriching the college's community and fostering a vibrant educational environment. It also plays a crucial role in attracting and retaining top-tier faculty by supplementing compensation, ensuring that students receive quality education from skilled educators.
Overall, the Baruch College Fund directly impacts the academic and professional success of its students while strengthening the overall mission of the college.
This information is meant to be a general summary of The Baruch College Fund. 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: $15,883,705
- Gross Receipts: $47,763,559
Assets and Liabilities:
- Total Assets: $268,376,266
- Total Liabilities: $2,644,758
- Net Assets: $265,731,508
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Organization Details
Founding Year
1969
Phone
(646) 660-6668Principal Officer
Helen Mills
Main Address
ONE BERNARD BARUCH WAY, NEW YORK, NY, 10010
Website
www.baruch.cuny.eduNTEE Category
Code: B90 - Education
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