Overview
What is Bowling Green State University Foundation Inc?
The Bowling Green State University Foundation Inc, located at 136 N Mercer Road, Bowling Green, Ohio, is a nonprofit organization with a team of 51 employees. Their primary focus is on providing scholarships and awards for Bowling Green State University students. They follow defined guidelines and prerequisites to grant these scholarships and awards, which aligns with the university's commitment to access, affordability, and opportunity. The foundation receives, invests, and stewards private gifts for the benefit of the university and inspires donors to contribute. Through these philanthropic resources, the foundation enhances the university's mission, vision, and strategic planning.
Official website here: www.bgsu.edu/alumni
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star Rating
Bowling Green State University Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization excels in areas such as board independence and financial oversight, with 94% of board members being independent and a robust audit committee in place. These factors contribute to the foundation's strong governance and transparency.
The foundation demonstrates a commendable financial health, with an 88.32% program expense ratio, indicating that the majority of its funds are directed towards its charitable programs. Additionally, its fundraising efficiency is noteworthy, requiring just $0.04 to raise a dollar. This efficiency, combined with a healthy working capital ratio of 12.89 years, positions the foundation favorably for future growth and sustainability.
While the foundation showcases numerous strengths, potential donors may consider the overall context of its activities and impact beyond financial metrics. Nonetheless, the high score indicates a commitment to responsible financial management and ethical practices within the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Bowling Green State University Foundation Inc legitimate?
Bowling Green State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bowling Green State University Foundation Inc 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: $376,772
Professional Fundraising Fees: $0
Other Salaries and Wages: $560,903
For more financial information, click here
Official website here: www.bgsu.edu/alumni
What is the mission statement of Bowling Green State University Foundation Inc?
The Bowling Green State University Foundation functions as a crucial supporter of Bowling Green State University by gathering and managing private donations. Its mission aligns with the university's vision and strategic goals. The foundation inspires various groups, including alumni, friends, students, faculty, and staff, to contribute financially to the institution. It ensures the effective use of donated resources for the university's benefit, adhering to donors' intentions. The foundation also offers opportunities for donors to witness the tangible impact of their philanthropy.
Official website here: www.bgsu.edu/alumni
Who is the CEO of Bowling Green State University Foundation Inc?
Unavailable The CEO's salary of Bowling Green State University Foundation Inc is $312,441 and their total compensation is $376,772.
Official website here: www.bgsu.edu/alumni
What is the revenue of Bowling Green State University Foundation Inc?
Bowling Green State University Foundation Inc's revenue in 2022 was $28,051,237.
Official website here: www.bgsu.edu/alumni
Who are the executives of Bowling Green State University Foundation Inc and what are their salaries?
The average compensation at Bowling Green State University Foundation Inc during 2022 was $18,386. There are 51 employees and 32 volunteers at Bowling Green State University Foundation Inc.
Here are 35 key members and their salaries (Bowling Green State University Foundation Inc's CEO's salary is $312,441 and their total compensation is $376,772):
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- Compensation: $108,728
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- Other: $33,083
- Compensation: $165,095
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- Other: $45,284
Official website here: www.bgsu.edu/alumni
Where can I find the form 990 for Bowling Green State University Foundation Inc?
Bowling Green State University Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bgsu.edu/alumni
Learn more at the official website: www.bgsu.edu/alumni
Mission Statement of Bowling Green State University Foundation Inc
The Bowling Green State University Foundation plays a crucial role in championing the philanthropic endeavors of Bowling Green State University. By receiving, investing, and stewarding private donations, the organization contributes significantly to the University's mission, vision, and strategic planning.
Inspiring alumni, friends, students, faculty, and staff to give back to their alma mater is a primary focus for the Bowling Green State University Foundation. Through their efforts, the organization collects philanthropic resources that directly benefit the University, enhancing its educational and research capabilities.
Moreover, the Foundation carefully utilizes these resources to foster growth and development at Bowling Green State University, honoring the intentions of its donors. By providing donors with opportunities to witness the impact of their philanthropy, the Bowling Green State University Foundation fosters a sense of engagement and pride among its supporters.
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Impact
October, 2024
Bowling Green State University Foundation Inc plays a vital role in enhancing the educational landscape at Bowling Green State University through several key initiatives. By receiving, investing, and stewarding private gifts, the foundation significantly contributes to the university's mission of promoting access, affordability, and opportunity for its students.
A critical aspect of this impact is the provision of scholarships and awards, which are awarded based on defined guidelines and prerequisites. These financial resources empower students to pursue their academic goals without the burden of financial constraints, thus fostering a diverse and inclusive educational environment.
Additionally, the foundation actively engages with alumni, friends, students, faculty, and staff to inspire support for the university. By encouraging philanthropy, it ensures a continuous flow of resources that align with the strategic goals of Bowling Green State University. This collaborative effort not only strengthens the institution's financial foundation but also enhances the overall educational experience by creating opportunities for learning and personal growth.
The foundation also prioritizes transparency and accountability, offering donors the chance to see the real-world impact of their contributions. Through these efforts, Bowling Green State University Foundation Inc plays an essential role in shaping the future of its students and the broader community, ultimately contributing to the growth and success of the university as a whole.
This information is meant to be a general summary of Bowling Green State University Foundation Inc. 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: $6,156,358
- Program Service Revenue: $312,979
- Gross Receipts: $58,204,318
Assets and Liabilities:
- Total Assets: $269,755,787
- Total Liabilities: $3,607,473
- Net Assets: $266,148,314
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Development
Revenue
$312,979
Organization Details
Founding Year
1954
Phone
(419) 372-2551Main Address
136 N Mercer Road, Bowling Green, OH, 434030054
Website
www.bgsu.edu/alumniNTEE Category
Code: B110 - Education
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