Overview
What is Middle Georgia State University Foundation Inc?
Middle Georgia State University Foundation Inc is a nonprofit organization situated in Macon, Georgia. With a strong focus on Central Georgia, the foundation's primary mission is to empower Middle Georgia State University to reach exceptional heights. They achieve this by providing the university and its students with essential resources, thereby enhancing the overall educational experience. In the year 2022 alone, they granted 385 scholarships to students residing in the Middle Georgia area, demonstrating their commitment to local development.
Official website here: www.mga.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
The Middle Georgia State University Foundation Inc has achieved an impressive 97% rating, reflecting its strong performance in accountability and finance. This high score indicates a well-managed organization that prioritizes transparency and responsible financial practices. The foundation's commitment to maintaining a majority of independent board members and robust financial oversight contributes to its positive standing.
The organization has demonstrated exemplary financial health with a low liabilities to assets ratio of 3.27% and an outstanding program expense ratio of 95.21%. These figures signify that a significant portion of its funds is dedicated to its programs rather than administrative costs, highlighting the foundation's focus on fulfilling its mission. Additionally, its fundraising efficiency ratio of $0.022 shows that the foundation effectively converts funds raised into programmatic impact.
Overall, the Middle Georgia State University Foundation Inc is characterized by strong governance practices, including policies for conflict of interest and whistleblower protection. The absence of material asset diversions and a commitment to documenting board meeting minutes further enhance its credibility. There are no noted limitations in the provided data, reinforcing its reputation as a trustworthy organization.
This AI summary has been generated from information found on Charity Navigator.
Is Middle Georgia State University Foundation Inc legitimate?
Middle Georgia State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Middle Georgia 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mga.edu
What is the mission statement of Middle Georgia State University Foundation Inc?
The Middle Georgia State University Foundation aims to enhance the lives of people in its vicinity by supporting Middle Georgia State University to achieve exceptional outcomes. They accomplish this by providing resources to the university and its students, thereby enhancing the educational experience. In the year 2022, the foundation granted 385 scholarships to students residing in the Middle Georgia area, demonstrating their commitment to educational betterment.
Official website here: www.mga.edu
What is the revenue of Middle Georgia State University Foundation Inc?
Middle Georgia State University Foundation Inc's revenue in 2023 was $6,684,956.
Official website here: www.mga.edu
Who are the executives of Middle Georgia State University Foundation Inc and what are their salaries?
There 29 volunteers at Middle Georgia State University Foundation Inc.
Here are 36 key members and their salaries:
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Official website here: www.mga.edu
Where can I find the form 990 for Middle Georgia State University Foundation Inc?
Middle Georgia State University Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mga.edu
Learn more at the official website: www.mga.edu
Mission Statement of Middle Georgia State University Foundation Inc
Middle Georgia State University Foundation strives to improve the lives of people in various communities by enabling Middle Georgia State University to achieve exceptional results. With a mission to provide resources to the university and its students, the foundation enhances the educational experience for the students in the Middle Georgia area. By doing so, Middle Georgia State University Foundation aims to make a significant impact on the lives of many individuals. During the calendar year 2022, the foundation demonstrated its commitment by granting 385 scholarships to students in the Middle Georgia area. These scholarships provided financial assistance to deserving students, allowing them to pursue their educational goals with less financial burden. The Middle Georgia State University Foundation's mission is to empower the university and its students, ultimately improving the lives of individuals in the community.
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Impact
October, 2024
Middle Georgia State University Foundation Inc plays a vital role in enhancing the educational landscape of Central Georgia. By providing essential resources, the foundation supports Middle Georgia State University in achieving outstanding results that benefit both the institution and its students. In 2022 alone, it awarded 385 scholarships to local students, directly impacting their ability to access higher education. The foundation’s commitment to improving lives through education fosters opportunities for personal and professional growth within the community, allowing students to pursue their academic goals and enriching the region as a whole.
This information is meant to be a general summary of Middle Georgia 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 2023.
- Investment Income: $207,467
- Program Service Revenue: $532,751
- Gross Receipts: $7,275,766
Assets and Liabilities:
- Total Assets: $18,134,090
- Total Liabilities: $593,080
- Net Assets: $17,541,010
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENDOWMT. EARNINGS-FUND SCHOL.
Revenue
$494,327
PROGRAM RELATED INTEREST INC
Revenue
$38,424
Organization Details
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