Overview
What is Norfolk State University Foundation Inc And Subsidiary?
Norfolk State University Foundation Inc. and its subsidiary function as a vital nonprofit entity, primarily dedicated to supporting Norfolk State University. They accomplish this by disbursing scholarships to over 1,000 students annually, with a focus on financially disadvantaged and talented individuals. These scholarships are made possible through the generosity of various donors. By providing these funds, the foundation contributes to the university's academic environment, enabling many students to attend Norfolk State University. In addition, the foundation offers merit scholarships, which aid in recruiting and retaining top-ranked students from across the nation and globe. The foundation's mission is to financially bolster Norfolk State University, thereby contributing to its overall success.
Is Norfolk State University Foundation Inc And Subsidiary legitimate?
Norfolk State University Foundation Inc And Subsidiary is a legitimate nonprofit organization registered as a 501(c)(3) entity. Norfolk State University Foundation Inc And Subsidiary 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $210,779
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Mission Statement of Norfolk State University Foundation Inc And Subsidiary
Norfolk State University Foundation Inc and Subsidiary is committed to providing financial support to Norfolk State University. In pursuit of this mission, the foundation disburses scholarships to over 1,000 students each year, who are selected by the university as recipients of scholarships from funds established by various donors. The foundation's scholarships cater to financially disadvantaged, talented students, enabling many to attend Norfolk State University. The generosity of private donors, who contribute to the foundation, plays a significant role in this endeavor. Moreover, the foundation provides merit scholarships, which aid the university in recruiting and retaining top-ranked students from across the nation and the world, thereby enriching the academic environment of the university.
Impact
This information is meant to be a general summary of Norfolk State University Foundation Inc And Subsidiary. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Norfolk State University Foundation Inc and Subsidiary has a significant impact on Norfolk State University by providing crucial financial support to the institution. Through scholarship disbursements, the foundation has helped over 1,000 Norfolk State University students pursue their education. These scholarships, funded by various donors, benefit talented but financially disadvantaged students, allowing them to attend the university and further their academic goals. Additionally, the merit scholarships provided by the foundation assist in attracting and retaining top-ranked students from around the nation and the world, enhancing the academic environment of the university. In essence, the foundation's support plays a vital role in ensuring that students have access to educational opportunities and that the university can continue to thrive and excel.
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.
- Assets and Liabilities:
Organization Details
Founding Year
1971
Phone
(757) 823-2928
Principal Officer
Crystal D Jenkins
Main Address
700 PARK AVENUE, NORFOLK, VA, 23504
NTEE Category
Code: B43I - Education
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