Overview
What is The Foundation For Indiana University Of Pennsylvania (Iup)?
The Foundation for Indiana University of Pennsylvania (Iup) is a nonprofit organization located at 1011 South Drive, Indiana, Pennsylvania (PA 15705). Its primary mission is to provide philanthropic support for Indiana University of Pennsylvania (Iup). With a team of seven dedicated employees, the foundation owns and rents residential housing to Iup students. This aspect not only offers accommodation solutions but also contributes to the broader academic community. The foundation's commitment to Iup extends beyond housing, as they are dedicated to boosting the institution's resources for the benefit of its students and overall growth.
Official website here: www.iup.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star rating
The Foundation For Indiana University Of Pennsylvania (IUP) has achieved a commendable Four-Star rating from Charity Navigator, primarily reflecting its excellence in accountability and finance with a perfect score. This high rating indicates that the organization is effectively managing its financial resources and maintaining transparency in its operations, which is crucial for building donor trust and sustaining support.
Strengths of the foundation include a fully independent board, supported by a robust audit and oversight committee. It has successfully implemented essential policies, such as conflict of interest and whistleblower policies, which reinforce its commitment to ethical governance. Additionally, the foundation demonstrates strong financial health, with a high program expense ratio, indicating that a significant portion of its resources is directed towards its mission.
While the organization has many strengths, its liabilities to assets ratio of 52.30% suggests a moderate level of debt. However, this is not considered a major limitation given the overall financial management performance. The Foundation For Indiana University Of Pennsylvania stands out as a transparent and accountable charity worthy of support.
This AI summary has been generated from information found on Charity Navigator.
Is The Foundation For Indiana University Of Pennsylvania (Iup) legitimate?
The Foundation For Indiana University Of Pennsylvania (Iup) is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Indiana University Of Pennsylvania (Iup) 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: $309,014
Professional Fundraising Fees: $0
Other Salaries and Wages: $848,549
For more financial information, click here
Official website here: www.iup.edu/foundation
What is the mission statement of The Foundation For Indiana University Of Pennsylvania (Iup)?
The Foundation for Indiana University of Pennsylvania (Iup) is dedicated to providing philanthropic support to Indiana University of Pennsylvania. Through this commitment, the foundation aims to make a significant impact on the academic institution. One of its key activities includes owning and renting residential housing to students of Iup. By doing so, the foundation contributes to the living experience of students and potentially enhances their academic success. Additionally, the foundation may engage in various other philanthropic initiatives to benefit the university and its community. Overall, its mission is to foster growth and development at Indiana University of Pennsylvania through financial support.
Official website here: www.iup.edu/foundation
Who is the CEO of The Foundation For Indiana University Of Pennsylvania (Iup)?
Elizabeth Lauber is the Secretary/Treasurer of The Foundation For Indiana University Of Pennsylvania (Iup).
Official website here: www.iup.edu/foundation
What is the revenue of The Foundation For Indiana University Of Pennsylvania (Iup)?
The Foundation For Indiana University Of Pennsylvania (Iup)'s revenue in 2023 was $19,759,089.
Official website here: www.iup.edu/foundation
Who are the executives of The Foundation For Indiana University Of Pennsylvania (Iup) and what are their salaries?
The average compensation at The Foundation For Indiana University Of Pennsylvania (Iup) during 2023 was $165,366. There are 7 employees and 20 volunteers at The Foundation For Indiana University Of Pennsylvania (Iup).
Here are 19 key members and their salaries:
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Official website here: www.iup.edu/foundation
Where can I find the form 990 for The Foundation For Indiana University Of Pennsylvania (Iup)?
The Foundation For Indiana University Of Pennsylvania (Iup)'s most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.iup.edu/foundation
Learn more at the official website: www.iup.edu/foundation
Mission Statement of The Foundation For Indiana University Of Pennsylvania (Iup)
The Foundation for Indiana University of Pennsylvania (Iup) is a philanthropic organization dedicated to supporting Indiana University of Pennsylvania (IUP). Its primary mission is to provide financial assistance to the university, ensuring its continued growth and success. Through their generous contributions, the foundation plays a vital role in enhancing IUP's academic programs, student services, and research initiatives.
The Foundation for IUP goes beyond just financial support. It also manages residential housing for IUP students, providing them with comfortable living spaces that contribute to their overall college experience. With a strong commitment to the university, the foundation fosters a sense of community and connection among students, ultimately contributing to their academic and personal development.
Established to serve as a partners in progress for Indiana University of Pennsylvania, the Foundation for IUP's efforts are instrumental in fostering a thriving educational environment. By providing philanthropic support, the organization enables IUP to maintain its reputation as a leading educational institution, offering high-quality programs and services to its students. In doing so, the Foundation for IUP remains a vital and indispensable component of the IUP community.
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Impact
October, 2024
The Foundation for Indiana University of Pennsylvania (IUP) plays a significant role in enhancing the educational landscape for students at IUP by providing vital philanthropic support. This impact is manifested through various initiatives that bolster academic programs, scholarships, and campus facilities.
In addition to financial assistance, the Foundation owns and rents residential housing, ensuring that students have access to safe and conducive living environments. By focusing on student needs, the Foundation contributes to a holistic educational experience, allowing individuals to thrive academically and socially.
Overall, the Foundation for IUP actively supports the university's mission to deliver quality education, thereby positively influencing the community and future generation of learners.
This information is meant to be a general summary of The Foundation For Indiana University Of Pennsylvania (Iup). 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: $4,138,078
- Program Service Revenue: $9,811,095
- Gross Receipts: $23,437,296
Assets and Liabilities:
- Total Assets: $233,405,899
- Total Liabilities: $122,091,015
- Net Assets: $111,314,884
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENCE HALL RENTAL
Revenue
$8,899,743
MANAGEMENT FEE INCOME
Revenue
$911,352
Organization Details
Founding Year
1967
Phone
(724) 357-3184Principal Officer
Elizabeth Lauber
Main Address
1011 SOUTH DRIVE, INDIANA, PA, 15705
Website
www.iup.edu/foundationNTEE Category
Code: B110 - Education
If you are a representative of The Foundation For Indiana University Of Pennsylvania (Iup) 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.