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University Of North Georgia Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237066297 ✦ Dahlonega, GA ✦ Designated as a 501(c)(3)

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Overview

What is University Of North Georgia Foundation Inc?

The University of North Georgia Foundation Inc, located in Dahlonega, Georgia, serves as a nonprofit organization dedicated to supporting the educational endeavors of the University of North Georgia. Its primary mission is to encourage philanthropy and charitable giving, enhancing the university's regional, statewide, and national missions. By managing private contributions and gifts, the foundation aims to enhance the students' academic experiences, going beyond intellectual growth to nurture ethical leaders in various fields. The foundation's activities encompass student financial aid and the support of university life programs, employing a team of 15 individuals to fulfill its mission.


Official website here: www.unggive.org/foundation

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)**

The University of North Georgia Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance, where it scored a perfect 100%. This high rating signifies a commitment to financial transparency, effective management, and adherence to best practices, with a notable achievement of a 97.18% program expense ratio, ensuring that the vast majority of its funds are directed towards its programs.

The organization boasts a well-structured board consisting of 96% independent members, demonstrating good governance and minimal conflict of interest. Its financial health is robust, indicated by a low liabilities-to-assets ratio and extensive measures in place for oversight and accountability. While it excels in several key areas, there are limitations in its scoring for Impact & Measurement, Culture & Community, and Leadership & Adaptability, which are not currently evaluated.

User reviews from GreatNonprofits were not available to provide additional insights from the community's perspective. However, the foundation’s high rating from Charity Navigator signals a strong foundation for pursuing its mission to support the University of North Georgia and its students.


This AI summary has been generated from information found on Charity Navigator.

Is University Of North Georgia Foundation Inc legitimate?

University Of North Georgia Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of North Georgia 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.unggive.org/foundation

What is the mission statement of University Of North Georgia Foundation Inc?

The University of North Georgia Foundation Inc's primary purpose is to foster charitable giving and philanthropy, benefiting the University of North Georgia. Its mission is to enhance and broaden the University's educational reach, serving as an advocate for its designation as the senior military college of Georgia. The Foundation manages private gifts and contributions, investing and allocating funds to contribute to superior education for students, focusing on their intellectual growth and development as ethical leaders. The Foundation supports students, faculty, staff, and alumni, as well as related educational programs, providing funds for student financial aid and supporting student life programs.


Official website here: www.unggive.org/foundation

Who is the CEO of University Of North Georgia Foundation Inc?

Nicholas Massengill is the Principal Officer of University Of North Georgia Foundation Inc. The CEO's salary of University Of North Georgia Foundation Inc is $0 and their total compensation is $254,313.


Official website here: www.unggive.org/foundation

What is the revenue of University Of North Georgia Foundation Inc?

University Of North Georgia Foundation Inc's revenue in 2023 was $8,294,894.


Official website here: www.unggive.org/foundation

Who are the executives of University Of North Georgia Foundation Inc and what are their salaries?

There are 15 employees and 27 volunteers at University Of North Georgia Foundation Inc.


Here are 31 key members and their salaries (University Of North Georgia Foundation Inc's CEO's salary is $0 and their total compensation is $254,313):


Dr Bonita C Jacobs (Trustee, President Ung)
  • Compensation: $0
  • Related: $330,576
  • Other: $107,643
Mr Nicholas W Massengill (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Jack Elrod (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Christopher H Kitchens (Treasurer, Committee Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Glennis Barnes (Secretary, Committee Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Brooks M Pennington Iii (Committee Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ms Jenny Muller (Committee Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Mary Helen Mcgruder (Committee Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Josh Teteak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr James A Crupi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Col Ret E Wayne Dill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Conrad H Easley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Jane Hemmer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Col Ret T Haines Hill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ltg Ret Benjamin Randy Mixon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Larry Payne (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr William S Prince (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Chris Crawford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Robert Swoszowski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Giles Bowman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Carol Burrell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Oscar 'Bo' Fears (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Patrick Magill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mrs Jeannell F Goines (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Michael Higley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanesa Sarazua (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean 'Stewart' Swanson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin Vines (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr James A Faulkner (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mr Jeff Tarnowski (Ceo)
  • Compensation: $0
  • Related: $179,827
  • Other: $74,486
Amanda L Harden (Coo)
  • Compensation: $0
  • Related: $126,049
  • Other: $78,313


Official website here: www.unggive.org/foundation

Where can I find the form 990 for University Of North Georgia Foundation Inc?

University Of North Georgia Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.unggive.org/foundation

Learn more at the official website: www.unggive.org/foundation

Mission Statement of University Of North Georgia Foundation Inc

The University of North Georgia Foundation Inc, in its mission, aims to foster and encourage philanthropy and charitable giving for the betterment of the University of North Georgia. This organization serves to extend and enhance the university's regional, statewide, and national missions, acting as an advocate for its designation as the senior military college of Georgia. The Foundation's role includes receiving, investing, and allocating private gifts and contributions, with the objective of providing superior education to students, encompassing not only their intellectual development but also their transformation into ethical leaders in various fields. The University of North Georgia Foundation Inc supports the students, faculty, staff, and alumni of the university, as well as the related educational programs, aiming to contribute positively to their lives and future careers.

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Impact




October, 2024

The University of North Georgia Foundation Inc plays a pivotal role in enhancing the educational experience and resources available at the University of North Georgia. By promoting charitable giving and philanthropy, it directly contributes to the financial aid available for students, ensuring that access to education is broader and more inclusive. The Foundation's efforts not only support student life programs but also advance the university's mission at local, state, and national levels.

Its commitment to fostering high ethical standards and leadership development equips students with the skills necessary to excel in various fields, including military, public, private, and nonprofit sectors. By advocating for the university, the Foundation helps maintain its status as the senior military college of Georgia, further enriching the educational landscape and community engagement in the region. Ultimately, the Foundation's impact is multifaceted, providing essential resources that contribute to the intellectual and personal growth of students while supporting faculty, staff, and alumni initiatives.




This information is meant to be a general summary of University Of North Georgia 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.

Revenue
$8,294,894 (2023)
Expenses
$8,518,453 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,818,627
  • Program Service Revenue: $732,093
  • Gross Receipts: $22,750,739

Assets and Liabilities:

  • Total Assets: $108,524,336
  • Total Liabilities: $311,907
  • Net Assets: $108,212,429

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Management Fees

Revenue

$732,093

Organization Details

Founding Year

1959

Principal Officer

Nicholas Massengill

Main Address

PO Box 1599, Dahlonega, GA, 30533

NTEE Category

Code: B90 - Education

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