Overview
What is Jackson State University Development Foundation Inc?
Jackson State University Development Foundation is a nonprofit organization dedicated to raising funds for Jackson State University. Their primary objective is to support the academic programs and student scholarships at the university, as well as contribute to general university initiatives. The Foundation's mission is to inspire donors to invest in Jackson State University's capacity to enrich lives and contribute positively to the state, nation, and world.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 35%, Zero-Star out of Four Star Rating
The Jackson State University Development Foundation Inc received a low rating primarily due to its performance in accountability and finance, with no independent board members and poor financial ratios. The organization scored well in areas such as financial oversight, indicating that it has robust audit and oversight practices, as well as policies in place for conflicts of interest and whistleblower protections.
However, significant issues are apparent in financial transparency and efficiency. The foundation's fundraising efficiency is notably low, and it lacks essential elements such as posting its tax form on its website. Additionally, the absence of independent members on the board raises concerns about governance and oversight, which are critical for effective nonprofit management.
Overall, while the foundation demonstrates strengths in governance policies and has not faced any material diversions of assets, its weak financial performance and lack of independent oversight suggest areas for improvement. Donors and stakeholders might consider these factors when evaluating the foundation's viability and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Jackson State University Development Foundation Inc legitimate?
Jackson State University Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jackson State University Development 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:
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What is the mission statement of Jackson State University Development Foundation Inc?
The Jackson State University Development Foundation aims to encourage donors to invest in the university's capacity to positively impact lives and contribute to the betterment of society at large. Its mission is centered on supporting Jackson State University academically, through funding scholarships and programs, and generally, to enhance its influence on a state, national, and global scale.
Who is the CEO of Jackson State University Development Foundation Inc?
Gwen Caples is the Executive of Jackson State University Development Foundation Inc.
What is the revenue of Jackson State University Development Foundation Inc?
Jackson State University Development Foundation Inc's revenue in 2022 was $12,920,663.
Who are the executives of Jackson State University Development Foundation Inc and what are their salaries?
Here are 25 key members and their salaries:
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Where can I find the form 990 for Jackson State University Development Foundation Inc?
Jackson State University Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jackson State University Development Foundation Inc
Jackson State University Development Foundation, a charitable organization, is dedicated to advancing Jackson State University (JSU) by encouraging financial support for its academic programs, student scholarships, and general university needs. With a vision to inspire giving, the Foundation believes in JSU's potential to transform lives and contribute positively to the state, nation, and world.
Through its mission, the Foundation seeks to engage donors and ignite their passion for investing in JSU's educational initiatives. By doing so, it empowers the institution to broaden its reach, enhance its resources, and foster opportunities for students and faculty. The Foundation's dedication is rooted in the belief that every investment made in JSU has the power to create a ripple effect, touching countless lives and paving the way for a better future.
The Jackson State University Development Foundation serves as a bridge between the community and the university. It believes that by rallying support from various stakeholders, it can help JSU unlock its full potential and continue its legacy of academic excellence. The Foundation's efforts are instrumental in providing essential funds for innovative research projects, state-of-the-art facilities, and merit-based scholarships, ensuring that JSU remains at the forefront of education and development.
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Impact
October, 2024
Jackson State University Development Foundation Inc plays a vital role in enhancing educational opportunities and resources at Jackson State University. By providing financial support for academic programs and student scholarships, the foundation helps to ensure that students have access to quality education and the necessary resources to succeed.
The foundation's commitment to inspiring donors to invest in the university fosters a culture of giving that not only transforms the lives of students but also contributes positively to the wider community, state, and nation. Through its efforts, the foundation strengthens the university's capacity to fulfill its mission and enhances the overall educational landscape.
This information is meant to be a general summary of Jackson State University Development 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 2022.
- Investment Income: $198,082
- Program Service Revenue: $261,899
- Gross Receipts: $17,053,896
Assets and Liabilities:
- Total Assets: $53,301,060
- Total Liabilities: $13,852,650
- Net Assets: $39,448,410
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Administrative Rev
Revenue
$261,899
Organization Details
Principal Officer
Gwen Caples
Main Address
PO BOX 17144, JACKSON, MS, 39217
NTEE Category
Code: B42Z - Education
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