Overview
What is University Of Washington School Of Law Foundation?
The University of Washington School of Law Foundation is a nonprofit organization situated in Seattle, Washington. Its primary mission is to provide financial and organizational support to the University of Washington School of Law, achieving this goal through fundraising efforts. Specifically, the foundation reimburses faculty members for research expenses and other costs related to law school projects, thereby aiding in the overall operation of the law school. The organization plays a crucial role in bolstering the University of Washington School of Law's resources and capabilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 73%)
The University of Washington School of Law Foundation has received a rating of "Needs Improvement" with a score of 73% from Charity Navigator. This indicates that while the organization demonstrates strong accountability and financial management, with a perfect score in several areas such as independent board members and program expense ratio, it still faces significant challenges in transparency and governance.
Key strengths of the foundation include a high program expense ratio of 87.07%, indicating that a substantial portion of its resources is allocated towards its mission-related activities. Additionally, the foundation has solid scores for its accountability measures, including no material diversion of assets and proper documentation of board meeting minutes. However, the absence of critical policies like a conflict of interest policy, whistleblower policy, and document retention and destruction policy are notable weaknesses that could affect its governance practices.
Overall, while the foundation shows promise in financial efficiency and organizational structure, the lack of transparency measures and essential governance policies suggests areas for improvement. Enhancing these aspects could strengthen trust and confidence among stakeholders and improve its overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Washington School Of Law Foundation legitimate?
University Of Washington School Of Law Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Washington School Of Law 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: $28,521
For more financial information, click here
What is the mission statement of University Of Washington School Of Law Foundation?
The University of Washington School of Law Foundation's mission is centered around providing organizational and financial support to the University of Washington School of Law. This is achieved primarily through fundraising efforts. The foundation contributes financially to various projects within the law school, including reimbursing faculty members for research expenses and other related costs. This financial backing is instrumental in helping to operate and sustain the law school effectively.
Who is the CEO of University Of Washington School Of Law Foundation?
Gerald Swanson is the President of University Of Washington School Of Law Foundation.
What is the revenue of University Of Washington School Of Law Foundation?
University Of Washington School Of Law Foundation's revenue in 2022 was $494,195.
Who are the executives of University Of Washington School Of Law Foundation and what are their salaries?
There 5 volunteers at University Of Washington School Of Law Foundation.
Here are 6 key members and their salaries:
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- Other: $0
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- Compensation: $18,332
- Related: $0
- Other: $4,325
Where can I find the form 990 for University Of Washington School Of Law Foundation?
University Of Washington School Of Law Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of University Of Washington School Of Law Foundation
The University of Washington School of Law Foundation's mission lies in providing organizational and financial support to the University of Washington School of Law. This is achieved primarily through fundraising efforts. The foundation plays a crucial role in reimbursing faculty members for research and other expenses related to law school projects, thereby contributing to the overall cost of operating the law school. In essence, the University of Washington School of Law Foundation serves as a vital financial backbone, aiding in the academic growth and development of the law school.
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Impact
July, 2024
The University Of Washington School Of Law Foundation's impact is to provide vital organizational and financial support to the UW School of Law through fundraising efforts. This support allows for reimbursements to faculty members for research and other expenses related to law school projects, ultimately assisting in the cost of operating the law school. By fulfilling its mission, the Foundation plays a crucial role in advancing education and legal research at the University of Washington School of Law.
This information is meant to be a general summary of University Of Washington School Of Law 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: $361,114
- Gross Receipts: $494,195
Assets and Liabilities:
- Total Assets: $7,931,685
- Total Liabilities: $154,171
- Net Assets: $7,777,514
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Organization Details
Founding Year
1969
Phone
(206) 543-4263Principal Officer
Gerald Swanson
Main Address
4293 MEMORIAL WAY NE 344, SEATTLE, WA, 981953020
NTEE Category
Code: B53I - Education
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