Overview
What is Southern University System Foundation?
The Southern University System Foundation is a nonprofit organization located in Baton Rouge, Louisiana, with a US address at 598 Harding Boulevard, ZIP code 70807. Their primary mission is to support and advance Southern University and A&M College System through educational and cultural welfare. They achieve this by soliciting, receiving, and administering gifts, grants, and funds for scientific, educational, and charitable purposes. The organization, with a workforce of two employees, exists to promote the overall betterment of Southern University System.
Official website here: www.alfred@sutrueblue.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77% (Three-Star out of Four Stars)
The Southern University System Foundation has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization excels in governance, boasting a fully independent board and effective oversight mechanisms. Key strengths include a conflict of interest policy, whistleblower policy, and thorough documentation practices, all contributing positively to overall transparency.
While the foundation shows strong governance and fiscal responsibility, some financial ratios, such as liabilities to assets and program expense ratios, reveal areas for improvement. The liabilities to assets ratio stands at 64.89%, which may suggest a need for better asset management. Additionally, while the program expense ratio of 63.93% is respectable, there is still room for enhancement to ensure more funds are directed toward programs rather than administrative costs.
Overall, the Southern University System Foundation demonstrates a commitment to accountability and transparency, but it faces challenges in optimizing its financial health and program funding. Stakeholders may want to monitor its financial strategies moving forward to ensure continued alignment with its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Southern University System Foundation legitimate?
Southern University System Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern University System 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: $0
Other Salaries and Wages: $403,550
For more financial information, click here
Official website here: www.alfred@sutrueblue.org
What is the mission statement of Southern University System Foundation?
The Southern University System Foundation works to enhance the educational and cultural wellbeing of Southern University and A&M College System. Its primary goal is to gather resources for the university system, specifically for scientific, educational, and charitable purposes. The organization encourages donations and manages these funds to further advance the Southern University System. Through its efforts, the foundation seeks to support the university system in its mission to provide quality education and resources for its students and community.
Official website here: www.alfred@sutrueblue.org
Who is the CEO of Southern University System Foundation?
Dr Ray Belton is the President of Southern University System Foundation. The CEO's salary of Southern University System Foundation is $229,520 and their total compensation is $236,020.
Official website here: www.alfred@sutrueblue.org
What is the revenue of Southern University System Foundation?
Southern University System Foundation's revenue in 2022 was $17,078,446.
Official website here: www.alfred@sutrueblue.org
Who are the executives of Southern University System Foundation and what are their salaries?
The average compensation at Southern University System Foundation during 2022 was $201,775. There are 2 employees at Southern University System Foundation.
Here are 22 key members and their salaries (Southern University System Foundation's CEO's salary is $229,520 and their total compensation is $236,020):
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Official website here: www.alfred@sutrueblue.org
Where can I find the form 990 for Southern University System Foundation?
Southern University System Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.alfred@sutrueblue.org
Learn more at the official website: www.alfred@sutrueblue.org
Mission Statement of Southern University System Foundation
Southern University System Foundation, a non-profit organization, works tirelessly to promote the educational and cultural welfare of Southern University and A&M College System. By providing additional resources for the benefit of the university system, the Foundation aims to advance it to greater heights. The organization's primary focus is on encouraging, soliciting, receiving, and administering gifts and requests of property and funds for scientific, educational, and charitable purposes. Southern University System Foundation serves as a vital bridge between the community and the university, facilitating growth and development through its philanthropic efforts. The organization's mission is multifaceted, encompassing the solicitation and management of donations to support the Southern University System in its pursuit of knowledge and excellence. By dedicating itself to these endeavors, the Southern University System Foundation plays a crucial role in enhancing the academic and cultural landscape of the university.
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Impact
October, 2024
The Southern University System Foundation plays a vital role in enhancing the educational and cultural landscape of the Southern University and A&M College System. By encouraging and facilitating the solicitation and administration of gifts, property, and funds, the foundation provides essential resources that support the advancement of academic programs and initiatives. This commitment not only strengthens the University System but also fosters a rich environment for scientific exploration, educational enrichment, and cultural development. Ultimately, the foundation's efforts contribute significantly to the growth and sustainability of the educational mission, benefiting students, faculty, and the broader community.
This information is meant to be a general summary of Southern University System 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 2022.
- Investment Income: -$673,342
- Program Service Revenue: $2,125,713
- Gross Receipts: $17,078,446
Assets and Liabilities:
- Total Assets: $60,930,166
- Total Liabilities: $39,539,145
- Net Assets: $21,391,021
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$986,943
BAYOU CLASSIC
Revenue
$656,362
ATHLETIC SPONSORSHIPS AND SUP
Revenue
$482,408
Organization Details
Founding Year
1970
Phone
(225) 771-3911Principal Officer
Dr Ray Belton
Main Address
598 HARDING BOULEVARD, BATON ROUGE, LA, 70807
Website
www.alfred@sutrueblue.orgNTEE Category
Code: B43I - Education
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