Overview
What is Paper Technology Foundationinc?
The Paper Technology Foundationinc, located in Kalamazoo, Michigan, is a nonprofit organization with a mission to support and advance the field of paper engineering at Western Michigan University. They achieve this by providing scholarships for undergraduate students, funding industry conference attendance, arranging professional development training sessions, organizing networking and mentoring events with industry leaders, fostering career development, and offering industry field trips and mill tours. Their aim is to develop motivated graduates and contribute positively to the global pulp and paper industry.
Official website here: www.wmich.edu/papertechfoundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
The Paper Technology Foundation Inc. has received an 81% score from Charity Navigator, indicating a strong performance in accountability and finance. This score derives entirely from a single beacon score, demonstrating the organization's commitment to maintaining high standards in financial practices and transparency.
The foundation boasts a majority independent board, with 90% of its members being independent, which is a significant strength in governance. Additionally, it has a solid program expense ratio of 84.32%, suggesting that a substantial portion of its funds are directed towards its programs rather than administrative costs. The organization has implemented several key policies, including conflict of interest and whistleblower policies, further emphasizing its commitment to ethical practices.
There are no notable limitations or concerns flagged within the available data, as the foundation has a favorable liabilities to assets ratio of just 0.08%, indicating sound financial health. Overall, the Paper Technology Foundation Inc. appears to operate with transparency and efficiency, making it a reliable choice for donors seeking to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Paper Technology Foundationinc legitimate?
Paper Technology Foundationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paper Technology Foundationinc 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
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Other Salaries and Wages: $189,325
For more financial information, click here
Official website here: www.wmich.edu/papertechfoundation
What is the mission statement of Paper Technology Foundationinc?
The Paper Technology Foundationinc's mission is to provide leadership and support to Western Michigan University's Department of Chemical and Paper Engineering, with the aim of developing motivated graduates. This is achieved by providing scholarships, funding for industry conference attendance, professional and personal development training sessions, networking and mentoring events with industry leaders, career development opportunities, and industry field trips and mill tours. The ultimate goal is to advance the global pulp and paper industry.
Official website here: www.wmich.edu/papertechfoundation
Who is the CEO of Paper Technology Foundationinc?
Steve Myers is the President of Paper Technology Foundationinc.
Official website here: www.wmich.edu/papertechfoundation
What is the revenue of Paper Technology Foundationinc?
Paper Technology Foundationinc's revenue in 2023 was $940,331.
Official website here: www.wmich.edu/papertechfoundation
Who are the executives of Paper Technology Foundationinc and what are their salaries?
There 37 volunteers at Paper Technology Foundationinc.
Here are 40 key members and their salaries:
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Official website here: www.wmich.edu/papertechfoundation
Where can I find the form 990 for Paper Technology Foundationinc?
Paper Technology Foundationinc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wmich.edu/papertechfoundation
Learn more at the official website: www.wmich.edu/papertechfoundation
Mission Statement of Paper Technology Foundationinc
The Paper Technology Foundationinc, with its mission, seeks to play a pivotal role in supporting the field of paper engineering at Western Michigan University. The organization's primary goal is to foster the development of motivated graduates in the chemical and paper engineering department, aiming to contribute to the advancement of the global pulp and paper industry. To achieve this, the Paper Technology Foundationinc provides various resources for undergraduate students, such as scholarships, funding for attending professional industry conferences, and opportunities for professional and personal development training sessions, networking and mentoring events with industry leaders, career development, and industry field trips and mill tours. These initiatives allow students to gain valuable experience and connections, ultimately preparing them for successful careers in the pulp and paper industry.
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Impact
July, 2024
The Paper Technology Foundationinc's impact lies in supporting paper engineering at Western Michigan University. By providing scholarships, funding professional industry conference attendance, offering industry field trips and mill tours, and organizing networking and mentoring events with industry leaders, the foundation contributes to the development of motivated graduates in order to advance the global pulp and paper industry. Its activities aim to enhance undergraduate student development through a variety of educational and networking opportunities, thus playing a crucial role in preparing future professionals for the paper engineering field.
This information is meant to be a general summary of Paper Technology Foundationinc. 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: $9,841
- Gross Receipts: $1,012,896
Assets and Liabilities:
- Total Assets: $5,758,335
- Total Liabilities: $4,658
- Net Assets: $5,753,677
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Organization Details
Founding Year
1958
Phone
(269) 387-2365Principal Officer
Steve Myers
Main Address
1903 W MICHIGAN AVE SEIBERT BLDG, KALAMAZOO, MI, 490085207
NTEE Category
Code: B80Z - Education
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