Overview
What is Ursuline Academy Foundation?
The Ursuline Academy Alumni Foundation, established in Springfield, Illinois in 2007, is a nonprofit organization with a rich history and a strong mission. Celebrating the Academy's 150-year legacy of education and service, the Foundation aims to uphold the values and work of the Ursuline Sisters, the Academy's foundresses. Committed to preserving the Academy's historical heritage, the Foundation fosters community service and outreach, honoring the Academy's core principle of Serviam ("I will serve"). Furthermore, it strengthens bonds among the Academy's alumni, promoting camaraderie, and supports the advancement of Catholic education in Springfield by providing scholarships to local Catholic grade schools.
Official website here: www.uafoundation.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
The Ursuline Academy Foundation has received a Three-Star rating, indicating a solid level of accountability and financial health. The charity's overall score is derived from its performance in the Accountability & Finance beacon, highlighting its commitment to responsible management and effective use of donations. Notably, the foundation has a strong independent board, with 100% of its members being independent, and it boasts an impressive program expense ratio of 96.42%, suggesting that most funds are directed towards its mission-related activities.
The foundation has achieved full scores in several key areas, such as material diversion of assets and the transparency of board meeting minutes. However, it faces some challenges, particularly regarding governance policies. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy has impacted its overall accountability score, resulting in a lower rating in those specific areas.
Overall, while the Ursuline Academy Foundation demonstrates strong fiscal responsibility and program efficiency, the lack of certain governance policies may raise concerns for potential donors about its long-term accountability practices. Improvement in these areas could enhance its rating and public trust even further.
This AI summary has been generated from information found on Charity Navigator.
Is Ursuline Academy Foundation legitimate?
Ursuline Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ursuline Academy 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.
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Official website here: www.uafoundation.us
What is the mission statement of Ursuline Academy Foundation?
The Ursuline Academy Alumni Foundation, established in 2007, aims to commemorate and uphold the Academy's 150-year legacy of education and service. In honor of the Ursuline Sisters, the foundation's foundresses, it strives to carry forward the Academy's work and safeguard its historical heritage. The foundation is committed to promoting community service and outreach, aligning with the Academy's core value of "Serviam" (I will serve). Furthermore, it aims to strengthen the bonds between the Academy's alumni, and supports the advancement of Catholic education.
Official website here: www.uafoundation.us
Who is the CEO of Ursuline Academy Foundation?
Beth Mayfield is the President of Ursuline Academy Foundation.
Official website here: www.uafoundation.us
What is the revenue of Ursuline Academy Foundation?
Ursuline Academy Foundation's revenue in 2022 was $32,011.
Official website here: www.uafoundation.us
Who are the executives of Ursuline Academy Foundation and what are their salaries?
There 25 volunteers at Ursuline Academy Foundation.
Here are 11 key members and their salaries:
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Official website here: www.uafoundation.us
Where can I find the form 990 for Ursuline Academy Foundation?
Ursuline Academy Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uafoundation.us
Learn more at the official website: www.uafoundation.us
Mission Statement of Ursuline Academy Foundation
The Ursuline Academy Alumni Foundation, established in 2007, was founded with the purpose of celebrating and honoring the academy's 150-year history of education and service. This organization seeks to continue the legacy of the Ursuline Sisters, the academy's foundresses, by preserving its historical heritage and promoting community service and outreach. The foundation is deeply committed to upholding the academy's core value of "Serviam" (I will serve), and it strives to strengthen the bonds of friendship among its alumni family. Furthermore, the Ursuline Academy Alumni Foundation is dedicated to supporting the advancement of Catholic education in various communities. By embracing its mission, this organization aims to carry on the noble work of the Ursuline Sisters and make a lasting impact in the realm of education.
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Impact
August, 2024
The Ursuline Academy Foundation, through its alumni foundation, has made a significant impact in Springfield, Illinois. Since its founding in 2007, the foundation has celebrated and honored the Academy's 150-year history of education and service. By continuing the work of the Ursuline Sisters and preserving the historical heritage of Ursuline Academy, the foundation exemplifies the Academy's core value of Serviam ("I will serve").
One key way the Ursuline Academy Alumni Foundation contributes to the community is by offering scholarships to local Catholic grade schools. This initiative helps students access quality education and supports the advancement of Catholic education in Springfield. Additionally, the foundation promotes community service and outreach, fostering a spirit of giving back and building strong bonds among the Academy's alumni family.
Overall, the Ursuline Academy Foundation's dedication to education, service, and community building has a positive and lasting impact on Springfield, embodying the values of its founders and enriching the lives of those it serves.
This information is meant to be a general summary of Ursuline Academy 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: $32,011
- Gross Receipts: $32,011
Assets and Liabilities:
- Total Assets: $900,908
- Total Liabilities: $0
- Net Assets: $900,908
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Organization Details
Founding Year
2007
Phone
(217) 622-9298Principal Officer
Beth Mayfield
Main Address
PO Box 8748, Springfield, IL, 62791
Website
www.uafoundation.usNTEE Category
Code: B112 - Education
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