Overview
What is Purchase College Foundation Inc C/O Suny Purchase?
Purchase College Foundation Inc C/O Suny Purchase is a charitable organization established under the not-for-profit laws of New York, specifically to support and promote Purchase College, a renowned institution within the State University of New York. The foundation's primary mission is to enhance Purchase College's academic offerings, particularly in fields such as literature, history, visual and performing arts, and science. It achieves this by providing resources to attract and maintain exceptional faculty, enriching the curriculum, and sponsoring public lectures. These events offer opportunities for students and local community members to engage with experts in various disciplines. The foundation's activities are centered around the unique blend of professional and conservative arts programs, as well as distinguished liberal arts and sciences programs, at Purchase College.
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 94% (Four-Star out of Four Stars)**
The Purchase College Foundation Inc. has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in both Accountability & Finance and Culture & Community. With a solid Accountability & Finance score of 90% and a notable 95% for FY2023, the foundation demonstrates effective governance, with 94% of its board being independent members. The organization excels in its financial practices, showing a high program expense ratio of 88.39% and a low fundraising efficiency cost of only $0.08.
Despite its strong scoring in various areas, the foundation does have limitations, most notably a missing website listed on its tax form, which impacted its overall score by a small margin. Furthermore, while the foundation boasts a commendable Culture & Community score of 87, the Impact & Measurement score is currently not evaluated, leaving some uncertainty regarding the effectiveness of its mission-driven activities.
User reviews from GreatNonprofits were unavailable, so it is not possible to provide additional insights from those experiences. Overall, the Purchase College Foundation demonstrates responsible financial management and governance, positioning it well within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Purchase College Foundation Inc C/O Suny Purchase legitimate?
Purchase College Foundation Inc C/O Suny Purchase is a legitimate nonprofit organization registered as a 501(c)(3) entity. Purchase College Foundation Inc C/O Suny Purchase 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: $1,193,300
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What is the mission statement of Purchase College Foundation Inc C/O Suny Purchase?
The Purchase College Foundation Inc, affiliated with Suny Purchase, was established under the not-for-profit laws of New York with the primary purpose of promoting and supporting Purchase College, a part of the State University of New York. The college is renowned for its combination of highly selective professional and conservative arts programs, as well as distinguished liberal arts and sciences programs. The foundation's mission extends to the promotion of various academic departments, including literature, history, visual and performing arts, and science, at Purchase College. To achieve this, the foundation provides resources to attract and retain exceptional faculty, enhance curriculum, and support public lectures, offering opportunities for students and the local community to engage with experts in various disciplines.
Who is the CEO of Purchase College Foundation Inc C/O Suny Purchase?
Lucille Werlinich is the Chair of Purchase College Foundation Inc C/O Suny Purchase.
What is the revenue of Purchase College Foundation Inc C/O Suny Purchase?
Purchase College Foundation Inc C/O Suny Purchase's revenue in 2022 was $10,823,591.
Who are the executives of Purchase College Foundation Inc C/O Suny Purchase and what are their salaries?
There 16 volunteers at Purchase College Foundation Inc C/O Suny Purchase.
Here are 18 key members and their salaries:
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Where can I find the form 990 for Purchase College Foundation Inc C/O Suny Purchase?
Purchase College Foundation Inc C/O Suny Purchase's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Purchase College Foundation Inc C/O Suny Purchase
Purchase College Foundation Inc C/O Suny Purchase, a non-profit organization, was established under the not-for-profit laws of New York with a mission to promote and support Purchase College, a distinguished institution within the State University of New York. This foundation is unique in its commitment to both professional and conservative arts programs, as well as liberal arts and sciences courses. The largest programs under its umbrella include Visual Arts, Music, Liberal Studies, Psychology, Dance, Biology, Journalism and New Media.
Beyond supporting this diverse range of academic programs, the Purchase College Foundation Inc C/O Suny Purchase also aims to foster literary, historical, visual, and performing arts, as well as scientific education. The organization's purpose is to attract and retain exceptional faculty, enhance the curriculum, and sponsor public lectures. These lectures serve as valuable opportunities for students and local community members to interact with experts in various disciplines. By providing these resources, the foundation enables Purchase College to continue its mission of delivering high-quality education in a wide array of fields.
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Impact
October, 2024
Purchase College Foundation Inc C/O Suny Purchase plays a vital role in enhancing the educational experience at Purchase College. By providing critical resources, the foundation attracts and retains exceptional faculty members, which directly enriches the quality of education. Its support for curriculum enhancement ensures that students receive up-to-date and relevant learning opportunities across a variety of fields, including visual arts, music, psychology, dance, and journalism.
Additionally, the foundation fosters community engagement by supporting public lectures, creating forums where students and local residents can interact with experts in diverse disciplines. This not only broadens the educational outreach of the college but also strengthens the ties between the institution and the surrounding community.
Overall, the impact of Purchase College Foundation Inc is profound, fostering a rich educational environment that cultivates both academic excellence and cultural engagement. Through its support, it helps nurture the next generation of leaders and creators, enhancing the college's mission to promote literature, history, visual and performing arts, science, and other vital areas of study.
This information is meant to be a general summary of Purchase College Foundation Inc C/O Suny Purchase. 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: $8,244,677
- Program Service Revenue: $300,057
- Gross Receipts: $38,570,167
Assets and Liabilities:
- Total Assets: $93,577,892
- Total Liabilities: $11,432,497
- Net Assets: $82,145,395
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER INCOME
Revenue
$300,057
Organization Details
Founding Year
1969
Phone
(914) 251-6045Principal Officer
Lucille Werlinich
Main Address
735 ANDERSON HILL ROAD, PURCHASE, NY, 10577
NTEE Category
Code: B110 - Education
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