Overview
What is The Bloomsburg University Foundationinc?
The Bloomsburg University Foundationinc, located at 50 EAST MAIN STREET 4TH FLOOR, Bloomsburg, PA 17815, is a nonprofit organization that plays a significant role in supporting Bloomsburg University (CU). Its primary mission is to provide scholarships and awards to over 1000 students, serving as a crucial resource to attract talented individuals, acknowledge hard-working freshmen, and retain returning students. This financial aid is instrumental in providing an affordable, high-quality education experience at CU, enabling it to maintain its reputation as a distinguished public comprehensive university. Furthermore, the foundation encourages philanthropy and revenue growth, fostering a culture of good stewardship and environmental responsibility. By providing scholarships, the Bloomsburg University Foundation contributes to the development of well-rounded individuals who will become active and responsible citizens.
Official website here: www.giving.bloomu.edu
What are the reviews and ratings of this charity?
**Rating: 88% (Three-Star out of Four Star Rating on Charity Navigator)**
The Bloomsburg University Foundation holds an 88% rating on Charity Navigator, indicating strong accountability and financial health. The organization's high score reflects its commitment to transparency, with an entirely independent board and robust financial oversight practices. However, while its accountability measures are commendable, there is no currently available scoring for its impact and effectiveness.
User feedback from GreatNonprofits is unfortunately unavailable, preventing a direct insight into the experiences of those the organization serves. Nonetheless, the foundation's solid financial ratios and management practices suggest an organization that aims to responsibly manage its resources to support the university's mission.
Overall, The Bloomsburg University Foundation demonstrates a strong framework for accountability, which may benefit potential donors looking for transparency and financial responsibility in their charitable contributions. However, prospective supporters may desire more information on the foundation's impact and effectiveness in achieving its goals.
Is The Bloomsburg University Foundationinc legitimate?
The Bloomsburg University Foundationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Bloomsburg University Foundationinc 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: $230,785
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,645,868
For more financial information, click here
Official website here: www.giving.bloomu.edu
What is the mission statement of The Bloomsburg University Foundationinc?
The Bloomsburg University Foundationinc inspires and stewards philanthropy and other revenue growth to support Bloomsburg University. Its primary mission is to provide scholarships and awards to over 1000 students at the university, helping to recruit students, reward hard-working incoming freshmen, and retain returning students. This support is instrumental in providing a quality educational experience at an affordable cost, enabling Bloomsburg University to maintain its status as a premier public comprehensive university recognized for its thinking, learning, and academic excellence. Additionally, the foundation's work allows the university to anticipate and address changing needs, fostering a diverse community that encourages positive change and a culture of good stewardship of resources and the environment, ultimately developing contributing citizens.
Official website here: www.giving.bloomu.edu
Who is the CEO of The Bloomsburg University Foundationinc?
Jerome Dvorak is the Chairman of The Bloomsburg University Foundationinc.
Official website here: www.giving.bloomu.edu
What is the revenue of The Bloomsburg University Foundationinc?
The Bloomsburg University Foundationinc's revenue in 2023 was $8,506,291.
Official website here: www.giving.bloomu.edu
Who are the executives of The Bloomsburg University Foundationinc and what are their salaries?
The average compensation at The Bloomsburg University Foundationinc during 2023 was $40,797. There are 46 employees and 30 volunteers at The Bloomsburg University Foundationinc.
Here are 25 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $181,000
- Related: $0
- Other: $49,785
- Compensation: $117,495
- Related: $0
- Other: $47,291
- Compensation: $128,463
- Related: $0
- Other: $34,624
- Compensation: $115,842
- Related: $0
- Other: $39,712
Official website here: www.giving.bloomu.edu
Where can I find the form 990 for The Bloomsburg University Foundationinc?
The Bloomsburg University Foundationinc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.giving.bloomu.edu
Learn more at the official website: www.giving.bloomu.edu
Mission Statement of The Bloomsburg University Foundationinc
The Bloomsburg University Foundation, Inc., in its mission, inspires and stewards philanthropy and revenue growth to support Bloomsburg University. This nonprofit organization plays a crucial role in providing scholarships and awards to over a thousand students at Bloomsburg University. These scholarships serve multiple purposes, including helping recruit students, rewarding incoming freshmen for their hard work, and retaining returning students. This financial support is instrumental in enabling Bloomsburg University to provide a high-quality educational experience at an affordable cost. It also allows the university to anticipate and address the changing needs of the community, positioning it as a premier public comprehensive university recognized for its thinking, learning, and academic excellence. Furthermore, the Bloomsburg University Foundation, Inc., contributes to the university's commitment to being a diverse community that produces contributing citizens, fostering a culture of good stewardship of resources and the environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Bloomsburg University Foundation Inc. plays a crucial role in enhancing the educational landscape at Commonwealth University - Bloomsburg. By providing scholarships and awards to over 1,000 students, the foundation directly contributes to attracting new talent while rewarding the hard work of incoming freshmen and supporting the retention of returning students. This financial assistance is essential in ensuring that quality education remains accessible and affordable.
The foundation's impact extends beyond immediate financial relief. By facilitating a diverse and inclusive academic community, it helps maintain Bloomsburg University's status as a premier public comprehensive institution recognized for academic excellence. This support enables the university to adapt and respond to the ever-evolving needs of the Commonwealth, fostering a culture that emphasizes stewardship of resources and environmental consciousness.
Ultimately, the foundation cultivates individuals who emerge as contributing citizens, ready to engage with and positively influence their communities. The ongoing scholarship initiatives and resource stewardship play a vital role in shaping the future leaders of society, underscoring the foundation's integral impact on education and community development in Pennsylvania.
This information is meant to be a general summary of The Bloomsburg University Foundationinc. 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: $2,050,989
- Program Service Revenue: $2,755,476
- Gross Receipts: $18,014,400
Assets and Liabilities:
- Total Assets: $96,475,293
- Total Liabilities: $17,246,394
- Net Assets: $79,228,899
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE FOR SERVICE
Revenue
$2,207,428
PROGRAM ACTIVITIES
Revenue
$326,048
MANAGEMENT FEES
Revenue
$222,000
Organization Details
Founding Year
1970
Phone
(570) 389-4995Principal Officer
Jerome Dvorak
Main Address
50 EAST MAIN STREET 4TH FLOOR, BLOOMSBURG, PA, 17815
Website
www.giving.bloomu.eduNTEE Category
Code: B114 - Education
If you are a representative of The Bloomsburg University Foundationinc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.