Overview
What is San Francisco State University Foundation?
The San Francisco State University Foundation is a nonprofit organization that plays a crucial role in supporting the educational mission of San Francisco State University (SFSU). With a primary focus on managing endowments, the foundation manages over $150 million in funds. These endowments, such as the G&J Marcus Awards Fund and the Richard and Rhoda Goldman Chair for Israel Studies, provide financial assistance for research, scholarships, and departmental support. The foundation's mission is to enrich SFSU's educational opportunities and services through encouraging donations, funding research, establishing scholarships, and providing advisory support to the university's president. In the 2021-2022 fiscal year, the foundation was able to provide $4.4 million in scholarships and departmental support.
Official website here: www.sfsufdn.sfsu.edu
What are the reviews and ratings of this charity?
**San Francisco State University Foundation - Rating: 4 Stars (100% on Charity Navigator)**
The San Francisco State University Foundation received a Four-Star out of Four Star rating from Charity Navigator, indicating exceptional accountability and financial health. The organization boasts a perfect score in its Accountability & Finance category, largely due to factors such as a fully independent board, a solid audit oversight committee, and no reported material diversions of assets. These metrics reflect a high level of transparency and responsible stewardship of funds.
Strengths of the foundation include its strong financial practices, where a significant 91.63% of expenses are allocated directly to programs. The organization has various policies in place to ensure governance and oversight, reinforcing its commitment to integrity and effective management. The low liabilities to assets ratio further indicates a stable financial footing, which can inspire donor confidence.
However, it's important to note that some areas such as impact measurement, culture, and community engagements are not currently scored, which leaves gaps in understanding the broader effectiveness of the foundation's initiatives. User reviews could not be fetched, so potential beneficiaries and supporters may want to explore additional resources or direct inquiries for deeper insights into community satisfaction and program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is San Francisco State University Foundation legitimate?
San Francisco State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. San Francisco 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $368,156
For more financial information, click here
Official website here: www.sfsufdn.sfsu.edu
What is the mission statement of San Francisco State University Foundation?
The San Francisco State University Foundation's mission is centered around providing private financial support to aid the university in expanding its educational opportunities and services. This is achieved through various purposes, including developing and enhancing the facilities of San Francisco State University (SFSU), financing research projects in scientific, economic, and other fields, establishing scholarships and student assistance programs, and offering advisory council and assistance to SFSU's president. The primary goal is to broaden educational prospects and serve students, alumni, and the citizens of California by encouraging donations to SFSU in various forms.
Official website here: www.sfsufdn.sfsu.edu
Who is the CEO of San Francisco State University Foundation?
Jeff Jackanicz is the President, Sf State of San Francisco State University Foundation.
Official website here: www.sfsufdn.sfsu.edu
What is the revenue of San Francisco State University Foundation?
San Francisco State University Foundation's revenue in 2022 was $9,444,950.
Official website here: www.sfsufdn.sfsu.edu
Who are the executives of San Francisco State University Foundation and what are their salaries?
There 31 volunteers at San Francisco State University Foundation.
Here are 37 key members and their salaries:
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Official website here: www.sfsufdn.sfsu.edu
Where can I find the form 990 for San Francisco State University Foundation?
San Francisco State University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sfsufdn.sfsu.edu
Learn more at the official website: www.sfsufdn.sfsu.edu
Mission Statement of San Francisco State University Foundation
The San Francisco State University Foundation serves a crucial role in providing private financial support to aid the university in fulfilling its educational mission. Established for specific purposes, the foundation seeks to enhance the educational opportunities and services offered by San Francisco State University (SFSU) to students, alumni, and the citizens of California. The foundation encourages donations of various assets, including money, property, works of art, historical papers, and documents, museum specimens, and any other valuable items.
In addition to developing SFSU's facilities, the foundation also supports scientific, economic, and other types of research at the university. It plays a significant role in establishing scholarships and other student assistance programs at SFSU, securing funding from sources other than the state's usual appropriations. Lastly, the foundation offers advisory counsel and assistance to the president of SFSU, ensuring a collaborative effort in achieving the university's educational goals. By fulfilling these purposes, the San Francisco State University Foundation contributes to the university's growth and success in serving its community and students.
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Impact
October, 2024
San Francisco State University Foundation significantly enhances the educational landscape of San Francisco State University (SFSU) by managing over $150 million in endowments that provide crucial financial support for both students and faculty. One of its primary functions is to ensure that donor intentions are honored, which is evident in the substantial funding allocated to various initiatives and scholarships.
In the fiscal year 2021-2022, the foundation awarded approximately $4.4 million in scholarships and departmental support, directly benefiting students and facilitating educational opportunities. For example, the G&J Marcus Awards Fund for Excellence in Faculty and Student Research provided $261,000 to promote research and creative projects. Similarly, other endowments like the Marcus Endowed Chair in Cinema and the Richard and Rhoda Goldman Chair in Israel Studies played pivotal roles in advancing scholarly work, with total support reaching hundreds of thousands of dollars.
Through its proactive approach to fundraising, the foundation not only bolsters the educational infrastructure of SFSU but also ensures that a diverse range of research initiatives and student assistance programs can thrive, ultimately enriching the academic experience for all stakeholders involved.
This information is meant to be a general summary of San Francisco 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: $4,246,288
- Program Service Revenue: $2,174,444
- Gross Receipts: $34,214,823
Assets and Liabilities:
- Total Assets: $160,331,638
- Total Liabilities: $214,444
- Net Assets: $160,117,194
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEES
Revenue
$2,174,444
Organization Details
Founding Year
2007
Phone
(415) 405-4061Principal Officer
Jeff Jackanicz
Main Address
1600 HOLLOWAY AVE ADM 154D, SAN FRANCISCO, CA, 94132
Website
www.sfsufdn.sfsu.eduNTEE Category
Code: B11 - Education
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