Overview
What is Colorado State University Foundation?
The Colorado State University Foundation is a nonprofit organization based in Fort Collins, Colorado. It plays a crucial role in supporting Colorado State University (CSU) by promoting, developing, and enhancing its facilities, educational programs, and opportunities for students, faculty, and alumni. The Foundation manages and invests donated funds to achieve this mission. In the previous year, it transferred approximately $60 million to CSU and affiliates, enabling the institution to provide scholarships and fellowships, support academic and instructional initiatives, carry out research efforts, and operate and maintain facilities and equipment. The Foundation's primary objective is to utilize these funds for scientific, literary, or educational purposes to indirectly benefit CSU. With a workforce of 19 individuals, the Colorado State University Foundation is dedicated to fostering the growth and success of CSU and its community.
Official website here: www.csufoundation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 99% (Four-Star out of Four Star rating)
The Colorado State University Foundation has achieved an impressive 99% rating, reflecting strong accountability and financial practices. Its score is primarily attributed to its outstanding performance in accountability and finance, indicating a commitment to transparency and responsible management of funds. The foundation has a fully independent board and adheres to a robust framework of policies regarding conflict of interest, audits, and financial disclosures.
Strengths of the organization include a high program expense ratio of 88.49%, which suggests that a significant portion of its funds is directed toward its programs rather than administrative costs. Additionally, the foundation has demonstrated excellent management of liabilities, with a low liabilities to assets ratio of 3.58%. These metrics underscore the foundation's effective financial health and its capacity to fulfill its mission.
However, a noted limitation is the absence of a donor privacy policy, which received a score of zero out of two points. While the foundation showcases strong governance and financial accountability, addressing this gap could further enhance trust and transparency with its donors. Overall, the Colorado State University Foundation stands out for its rigorous financial practices and commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Colorado State University Foundation legitimate?
Colorado State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Colorado State University 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: $865,523
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,072,746
For more financial information, click here
Official website here: www.csufoundation.org
What is the mission statement of Colorado State University Foundation?
The Colorado State University Foundation plays a crucial role in supporting Colorado State University (CSU) by managing and investing donated gifts. Its mission is geared towards promoting, developing, and enhancing the academic institution and its community. These efforts are aimed at improving the quality of education and facilities at CSU, as well as providing benefits to students, faculty, and alumni. The foundation achieves this by utilizing the principal or income from donated gifts, which are allocated for scientific, literary, or educational purposes that directly or indirectly benefit the university.
Official website here: www.csufoundation.org
Who is the CEO of Colorado State University Foundation?
Cheri O'Neill is the President/Ceo of Colorado State University Foundation. The CEO's salary of Colorado State University Foundation is $316,263 and their total compensation is $393,009.
Official website here: www.csufoundation.org
What is the revenue of Colorado State University Foundation?
Colorado State University Foundation's revenue in 2022 was $163,322,590.
Official website here: www.csufoundation.org
Who are the executives of Colorado State University Foundation and what are their salaries?
The average compensation at Colorado State University Foundation during 2022 was $102,014. There are 19 employees and 12 volunteers at Colorado State University Foundation.
Here are 15 key members and their salaries (Colorado State University Foundation's CEO's salary is $316,263 and their total compensation is $393,009):
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- Compensation: $316,263
- Related: $0
- Other: $76,746
- Compensation: $192,441
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- Other: $64,477
- Compensation: $125,933
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- Other: $35,751
- Compensation: $118,658
- Related: $0
- Other: $32,076
- Compensation: $119,118
- Related: $0
- Other: $25,045
Official website here: www.csufoundation.org
Where can I find the form 990 for Colorado State University Foundation?
Colorado State University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csufoundation.org
Learn more at the official website: www.csufoundation.org
Mission Statement of Colorado State University Foundation
The Colorado State University Foundation plays a crucial role in supporting Colorado State University (CSU) by managing and investing gifts intended for the promotion, development, and enhancement of the institution. The foundation's mission is geared towards aiding and benefiting CSU through the receipt, management, and investment of donations. These funds are primarily used for scientific, literary, or educational purposes that directly or indirectly contribute to the betterment of CSU's facilities, educational programs, faculty, students, and alumni. The foundation's efforts enable Colorado State University to thrive and grow, ultimately contributing to the advancement of higher education.
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Impact
October, 2024
The Colorado State University Foundation plays a vital role in enhancing the educational experience at Colorado State University (CSU) through strategic management and investment of donations. By receiving and investing gifts, it significantly contributes to the development of CSU’s facilities and programs. In a recent year, the foundation transferred approximately $60 million directly to CSU and its affiliates, which facilitated the awarding of scholarships and fellowships to students, bolstered academic and instructional support, and funded research initiatives.
This financial support has also been pivotal in maintaining and improving campus facilities and equipment, thereby creating an environment conducive to learning and advancement for both students and faculty. The foundation’s efforts ensure that CSU continues to thrive as a center of academic excellence, fostering growth opportunities for students and alumni alike. Through its initiatives, the Colorado State University Foundation directly strengthens the institution's mission to provide high-quality education and research opportunities.
This information is meant to be a general summary of Colorado State University 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: $86,852,629
- Gross Receipts: $359,696,528
Assets and Liabilities:
- Total Assets: $706,044,439
- Total Liabilities: $24,332,581
- Net Assets: $681,711,858
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Organization Details
Founding Year
1970
Phone
(970) 491-7135Principal Officer
Cheri O'Neill
Main Address
PO BOX 1870, FORT COLLINS, CO, 80522
Website
www.csufoundation.orgNTEE Category
Code: B110 - Education
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