Overview
What is Miami University Paper Science And Engineering Foundation?
The Miami University Paper Science and Engineering Foundation, situated in Oxford, Ohio, is a small nonprofit organization with a mission to support the Paper Engineering academic program at Miami University. This mission is carried out through providing scholarships to 66 students enrolled in this program, contributing to its growth and development. The Foundation's headquarters can be found in the Engineering Building, specifically at the address Line 1: 64 Miami University.
Official website here: www.miamioh.edu/cec/about/centers-ins
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85%, Three-Star out of Four Star Rating
The Miami University Paper Science and Engineering Foundation has earned an 85% score, which translates to a Three-Star rating. This rating reflects a strong commitment to accountability and finance, with the organization scoring particularly well in areas such as independent board member composition and financial statements. The foundation achieves a perfect score for having a majority of independent board members and for its clarity in financial reporting.
While the organization demonstrates strengths in various aspects of governance and finance, there are some limitations. Notably, it lacks a whistleblower policy, which is crucial for ensuring transparency and protecting individuals who report unethical behavior. Additionally, although the foundation's program expense ratio is respectable at 64.76%, it could be improved further to indicate a higher level of funds directly supporting its mission.
Overall, the Miami University Paper Science and Engineering Foundation is a well-rounded organization with solid financial practices, but it should address the absence of its whistleblower policy to enhance its governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is Miami University Paper Science And Engineering Foundation legitimate?
Miami University Paper Science And Engineering Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miami University Paper Science And Engineering 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: $155,454
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.miamioh.edu/cec/about/centers-ins
What is the mission statement of Miami University Paper Science And Engineering Foundation?
The Miami University Paper Science and Engineering Foundation's primary mission is to support the academic program in paper engineering at Miami University. This support is instrumental in nurturing the academic growth of students pursuing this field. As part of its mission, the foundation has provided scholarships to 66 students enrolled in the paper engineering program at Miami University. By offering financial aid, the foundation aims to foster a conducive learning environment, enabling these students to excel in their studies and contribute positively to the field of paper engineering.
Official website here: www.miamioh.edu/cec/about/centers-ins
Who is the CEO of Miami University Paper Science And Engineering Foundation?
Gary Rudemiller is the Principal Officer of Miami University Paper Science And Engineering Foundation.
Official website here: www.miamioh.edu/cec/about/centers-ins
What is the revenue of Miami University Paper Science And Engineering Foundation?
Miami University Paper Science And Engineering Foundation's revenue in 2022 was $1,080,624.
Official website here: www.miamioh.edu/cec/about/centers-ins
Who are the executives of Miami University Paper Science And Engineering Foundation and what are their salaries?
The average compensation at Miami University Paper Science And Engineering Foundation during 2022 was $77,727. There are 2 employees and 70 volunteers at Miami University Paper Science And Engineering Foundation.
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Official website here: www.miamioh.edu/cec/about/centers-ins
Where can I find the form 990 for Miami University Paper Science And Engineering Foundation?
Miami University Paper Science And Engineering Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.miamioh.edu/cec/about/centers-ins
Learn more at the official website: www.miamioh.edu/cec/about/centers-ins
Mission Statement of Miami University Paper Science And Engineering Foundation
The Miami University Paper Science and Engineering Foundation is dedicated to supporting the academic program in paper engineering at Miami University. This nonprofit organization's mission is to contribute to the growth and success of students pursuing their education in paper engineering at the university level. To accomplish this, the foundation provides financial aid in the form of scholarships to deserving students, thereby fostering a conducive learning environment and encouraging academic excellence in the field. By offering scholarships, the Miami University Paper Science and Engineering Foundation plays a significant role in nurturing promising talents and helping them navigate their academic journey in paper engineering.
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Impact
October, 2024
The Miami University Paper Science And Engineering Foundation significantly enhances the educational experience of students in the Paper Engineering academic program at Miami University. By providing 66 scholarships, the Foundation alleviates financial burdens for aspiring engineers, enabling them to focus on their studies and engage more fully in their academic pursuits. This support not only fosters individual growth and success but also strengthens the program as a whole, ensuring that students receive a high-quality education and are well-prepared for careers in the paper industry. By investing in future talent, the Foundation plays a crucial role in advancing the field of paper science and engineering, contributing to innovation and sustainability in the industry.
This information is meant to be a general summary of Miami University Paper Science And Engineering 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: $634,258
- Gross Receipts: $6,288,337
Assets and Liabilities:
- Total Assets: $7,000,188
- Total Liabilities: $23,234
- Net Assets: $6,976,954
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Organization Details
Founding Year
1960
Phone
(513) 529-8015Principal Officer
Gary Rudemiller
Main Address
ENGINEERING BUILDING 64 MIAMI UNIV, OXFORD, OH, 45056
NTEE Category
Code: B57Z - Education
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