Overview
What is The University Of North Carolina At Asheville Foundation Inc?
The University of North Carolina at Asheville Foundation Inc is a nonprofit organization situated in Asheville, North Carolina, specifically at One University Heights. Its primary role is to support the University of North Carolina at Asheville, a state-owned four-year institution. The foundation takes in private funds and allocates them for various purposes on behalf of the university, such as financing scholarships, faculty grants, awards, purchasing equipment, and covering internal expenses like printing and supplies. Their mission, in essence, is to boost the advancement and growth of UNC Asheville by securing, managing, and distributing private donations.
Official website here: www.unca.edu
What are the reviews and ratings of this charity?
The University Of North Carolina At Asheville Foundation Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, with a score of 97%. This rating highlights the foundation's strong emphasis on accountability and financial practices, reflecting solid governance with an independent board and stringent oversight measures in place. Additionally, the foundation showcases favorable financial ratios, including a program expense ratio of over 91%, indicating effective allocation of resources towards its mission.
The foundation excels in various governance aspects, such as having a board comprised entirely of independent members and comprehensive policies for conflict of interest and whistleblower protection. These elements contribute to a transparent operational framework. Its financial health, illustrated by a low liabilities-to-assets ratio and high working capital ratio, suggests sustainability and effective financial management.
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This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The University Of North Carolina At Asheville Foundation Inc?
86% of 49 reviewers on Facebook recommend The University of North Carolina at Asheville Foundation Inc. Here is a summary of their reviews:
Many users express a positive sentiment about their experience at the university, highlighting it as a significant academic institution. One review emphasizes its status as "the Best University," suggesting a strong endorsement of the quality of education and community.
Overall, there seems to be a consensus among reviewers that the university provides a supportive and enriching environment for its students, making it a desirable choice for higher education.
This AI summary has been generated from reviews found on Facebook.
Is The University Of North Carolina At Asheville Foundation Inc legitimate?
The University Of North Carolina At Asheville Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The University Of North Carolina At Asheville 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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Official website here: www.unca.edu
What is the mission statement of The University Of North Carolina At Asheville Foundation Inc?
The University of North Carolina at Asheville Foundation Inc's mission is to facilitate, oversee, and allocate private funds to foster the expansion and improvement of the University of North Carolina at Asheville. In this role, the foundation receives and dispenses funds on the university's behalf, contributing to various initiatives such as scholarships, faculty grants, and the acquisition of equipment and resources. The primary objective is to bolster the growth and development of the university, ensuring it continues to serve its students and community effectively.
Official website here: www.unca.edu
What is the revenue of The University Of North Carolina At Asheville Foundation Inc?
The University Of North Carolina At Asheville Foundation Inc's revenue in 2023 was $9,511,257.
Official website here: www.unca.edu
Who are the executives of The University Of North Carolina At Asheville Foundation Inc and what are their salaries?
Here are 20 key members and their salaries:
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Official website here: www.unca.edu
Where can I find the form 990 for The University Of North Carolina At Asheville Foundation Inc?
The University Of North Carolina At Asheville Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.unca.edu
Learn more at the official website: www.unca.edu
Mission Statement of The University Of North Carolina At Asheville Foundation Inc
The University of North Carolina at Asheville Foundation Inc, in its mission, is dedicated to procuring, managing, and dispersing private contributions aiming to foster and advance the expansion of the University of North Carolina at Asheville. This nonprofit organization's primary goal is to enhance the university's growth and development by utilizing private financial backing for various purposes such as scholarships, faculty grants, awards, and the procurement of necessary equipment. Furthermore, the foundation also covers internal expenses, including printing supplies and other essentials, on behalf of the university.
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Impact
October, 2024
The University of North Carolina at Asheville Foundation Inc plays a vital role in enhancing the growth and development of the University of North Carolina at Asheville. By securing, managing, and distributing private support, the Foundation significantly contributes to academic and institutional excellence.
Through its funding efforts, the Foundation provides essential scholarships that make higher education accessible to students from diverse backgrounds. This financial support not only alleviates the burden of tuition but also fosters a vibrant learning environment by attracting talented individuals to the university.
Additionally, the Foundation allocates resources for faculty grants and awards, promoting research, innovation, and professional development among educators. This investment in faculty enhances the quality of instruction and enriches the academic experience for students.
The purchase of equipment and support for internal expenses, such as printing and supplies, further ensures that the university operates efficiently and effectively. By addressing these essential needs, the Foundation helps maintain high standards in educational delivery and campus infrastructure.
Overall, the impact of the UNC Asheville Foundation is multifaceted, contributing to the university's mission and enhancing the educational landscape in Asheville, NC.
This information is meant to be a general summary of The University Of North Carolina At Asheville 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: $217,840
- Gross Receipts: $11,692,161
Assets and Liabilities:
- Total Assets: $61,754,429
- Total Liabilities: $5,165,826
- Net Assets: $56,588,603
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Organization Details
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