Overview
What is Bemidji State University Alumni And Foundation?
Bemidji State University Alumni and Foundation is a nonprofit organization situated in Bemidji, Minnesota, specifically at 1500 Birchmont Drive NE 17. Their primary mission is to foster philanthropy within the university community and safeguard the organization's financial integrity. The foundation primarily focuses on providing scholarships, educational awards, and financial allocations to students enrolled at Bemidji State University. With a workforce of nine individuals, they are committed to the advancement and growth of the university.
Official website here: www.bsualumni.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Bemidji State University Alumni And Foundation has achieved a Three-Star rating from Charity Navigator, reflecting a solid overall score based on accountability and finance metrics. The foundation excels in governance practices, with a fully independent board and strong policies in place, indicating a commitment to transparency and ethical management.
The organization scored particularly well in areas such as material diversion of assets, board governance, and financial health, showcasing its effective management of resources. However, its program expense ratio and fundraising efficiency received lower scores, suggesting room for improvement in how it allocates funds toward its programs and how efficiently it raises money.
While the overall financial accountability is commendable, the noted limitations in fundraising efficiency indicate potential challenges in sustaining its financial growth and maximizing impact. Addressing these areas could enhance the foundation's effectiveness in supporting its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Bemidji State University Alumni And Foundation legitimate?
Bemidji State University Alumni And Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bemidji State University Alumni And 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: $244,402
Other Salaries and Wages: $775,941
For more financial information, click here
Official website here: www.bsualumni.org
What is the mission statement of Bemidji State University Alumni And Foundation?
The Bemidji State University Alumni and Foundation's mission is centered around advancing the university. They achieve this by fostering a culture of philanthropy and maintaining the financial integrity of the foundation. The primary objective of the foundation is to invest in the university's growth. Additionally, the foundation provides financial assistance in the form of scholarships and educational awards to students at Bemidji State University.
Official website here: www.bsualumni.org
Who is the CEO of Bemidji State University Alumni And Foundation?
Allyssa Joseph is the Board Member of Bemidji State University Alumni And Foundation.
Official website here: www.bsualumni.org
What is the revenue of Bemidji State University Alumni And Foundation?
Bemidji State University Alumni And Foundation's revenue in 2023 was $4,435,133.
Official website here: www.bsualumni.org
Who are the executives of Bemidji State University Alumni And Foundation and what are their salaries?
The average compensation at Bemidji State University Alumni And Foundation during 2023 was $86,216. There are 9 employees and 39 volunteers at Bemidji State University Alumni And Foundation.
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Official website here: www.bsualumni.org
Where can I find the form 990 for Bemidji State University Alumni And Foundation?
Bemidji State University Alumni And Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.bsualumni.org
Learn more at the official website: www.bsualumni.org
Mission Statement of Bemidji State University Alumni And Foundation
The Bemidji State University Alumni and Foundation is dedicated to fostering a philanthropic culture and maintaining financial integrity to bolster the advancement of Bemidji State University. Their mission is to invest in the university's growth by providing scholarships, educational awards, and allocations to students. By doing so, they play a crucial role in supporting the academic journey of students attending Bemidji State University.
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Impact
October, 2024
Bemidji State University Alumni and Foundation plays a significant role in enhancing the educational experience for students at BSU through various scholarships and educational awards. By providing financial assistance, the foundation helps alleviate the cost of education, making college more accessible for many students.
Their mission focuses on promoting a culture of philanthropy, which encourages alumni and community members to invest in the university’s future. This investment not only supports current students but also fosters a sense of belonging and community among BSU graduates. The foundation’s commitment to financial integrity ensures that resources are effectively allocated to maximize their impact on academic advancement and student success. Overall, the efforts of the Bemidji State University Alumni and Foundation contribute to the growth and development of both individuals and the institution itself.
This information is meant to be a general summary of Bemidji State University Alumni And 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: $616,002
- Gross Receipts: $4,490,060
Assets and Liabilities:
- Total Assets: $38,040,879
- Total Liabilities: $115,998
- Net Assets: $37,924,881
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Organization Details
Founding Year
1969
Phone
(218) 755-2778Principal Officer
Allyssa Joseph
Main Address
1500 BIRCHMONT DR NE 17, BEMIDJI, MN, 56601
Website
www.bsualumni.orgNTEE Category
Code: B43I - Education
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