Overview
What is Edinboro University Foundation?
The Edinboro University Foundation, established in 1998, is a nonprofit organization situated at 210 Meadville Street, Edinboro, Pennsylvania. Its primary mission is to support the mission of Edinboro University of Pennsylvania, now known as Pennsylvania Western University, by securing and managing funds, gifts, and resources. This support primarily benefits the students and faculty of the university. With a modest workforce of three individuals, the foundation plays a crucial role in enhancing the educational experience and opportunities within the university community.
Official website here: www.edinborofoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating
The Edinboro University Foundation has received an overall score of 86%, which indicates a solid performance in its accountability and finance practices. The rating is based solely on this aspect, reflecting strong governance and transparency, as evidenced by a fully independent board and rigorous oversight measures in place.
Strengths of the foundation include a high program expense ratio of 84.88%, demonstrating a commitment to utilizing funds effectively for its charitable programs. Additionally, the organization has no noted material diversion of assets, and it adheres to key policies such as conflict of interest and whistleblower protections, all of which contribute to its credibility.
However, the foundation's liabilities to assets ratio of 63.04% suggests that it may have a significant level of liabilities compared to its assets, which could raise concerns about financial stability. While the overall rating is commendable, this figure could be a point for potential donors to consider when evaluating the organization's financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Edinboro University Foundation legitimate?
Edinboro University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Edinboro 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $185,624
For more financial information, click here
Official website here: www.edinborofoundation.org
What is the mission statement of Edinboro University Foundation?
The Edinboro University Foundation, established in 1998, was formed with the objective of supporting the mission of Edinboro University of Pennsylvania, now known as Pennsylvania Western University. It accomplishes this by managing and cultivating donations, grants, and other resources, all aimed at benefiting the students and faculty of Edinboro University. The foundation's primary function is to provide scholarships to students attending Pennsylvania Western University at Edinboro.
Official website here: www.edinborofoundation.org
Who is the CEO of Edinboro University Foundation?
Charles Scalise is the Executive Di of Edinboro University Foundation.
Official website here: www.edinborofoundation.org
What is the revenue of Edinboro University Foundation?
Edinboro University Foundation's revenue in 2023 was $1,061,734.
Official website here: www.edinborofoundation.org
Who are the executives of Edinboro University Foundation and what are their salaries?
The average compensation at Edinboro University Foundation during 2023 was $61,875. There are 3 employees and 10 volunteers at Edinboro University Foundation.
Here are 11 key members and their salaries:
- Compensation: $81,409
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- Other: $14,346
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.edinborofoundation.org
Where can I find the form 990 for Edinboro University Foundation?
Edinboro University Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.edinborofoundation.org
Learn more at the official website: www.edinborofoundation.org
Mission Statement of Edinboro University Foundation
The Edinboro University Foundation, established in 1998, was initiated with the mission to uphold and reinforce the objectives of Edinboro University of Pennsylvania, now known as Pennsylvania Western University. This nonprofit organization focuses on assembling and managing gifts, grants, and various other resources, all aimed at benefiting the students and faculty of Edinboro University. By carrying out this mission, the Edinboro University Foundation seeks to contribute significantly to the academic and personal growth of its students, thereby enriching their educational experience. One of the primary ways the organization fulfills its mission is by providing scholarships for students attending Pennsylvania Western University at Edinboro.
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Impact
October, 2024
The Edinboro University Foundation significantly enhances the academic experience at Pennsylvania Western University by cultivating and managing essential resources, including gifts and grants. Founded in 1998, its primary focus is to support students and faculty through scholarships, which provide financial assistance to those pursuing higher education. This impact not only helps to alleviate the financial burdens on students but also fosters a nurturing educational environment for faculty, ultimately contributing to the overall growth and success of the university community. The foundation's commitment to higher education ensures that opportunities are accessible, empowering students to excel in their academic endeavors.
This information is meant to be a general summary of Edinboro 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 2023.
- Investment Income: -$197,673
- Program Service Revenue: $431,052
- Gross Receipts: $6,797,061
Assets and Liabilities:
- Total Assets: $36,986,911
- Total Liabilities: $23,318,383
- Net Assets: $13,668,528
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOUNDATION ASSET MANAGEMENT
Revenue
$431,052
Organization Details
Founding Year
1998
Phone
(814) 732-1708Principal Officer
Charles Scalise
Main Address
210 MEADVILLE STREET, EDINBORO, PA, 16412
Website
www.edinborofoundation.orgNTEE Category
Code: B11 - Education
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