Overview
What is William F Vilas Trust Estate?
The William F Vilas Trust Estate is a nonprofit organization based in Oregon, Wisconsin, with a single employee. Its primary mission is to support the University of Wisconsin-Madison and University of Wisconsin-Milwaukee by providing professorships, scholarships, fellowships, and funding for capital projects. This philanthropic foundation is dedicated to investing in faculty, students, and arts at both universities, primarily UW-Madison and secondarily UW-Milwaukee.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Stars)
The William F Vilas Trust Estate has received a commendable Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and financial management. With a score of 86%, the organization demonstrates strong governance, featuring an entirely independent board and effective oversight mechanisms. Notably, the charity has a high program expense ratio of 93.19%, indicating that a significant portion of its funds directly supports its mission-driven activities.
The charity excels in transparency and maintains robust financial practices, evidenced by its perfect scores in areas such as document retention and independent board size. The absence of material diversion of assets further enhances its reputation, suggesting a reliable commitment to ethical stewardship of resources.
While the organization shows promising financial health with a liabilities to assets ratio of 0.00%, the three-star rating indicates there may be room for improvement in other areas to achieve a higher rating. Overall, the William F Vilas Trust Estate appears to be a well-managed nonprofit focused on maintaining accountability and delivering value to its beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is William F Vilas Trust Estate legitimate?
William F Vilas Trust Estate is a legitimate nonprofit organization registered as a 501(c)(3) entity. William F Vilas Trust Estate 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: $36,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,360
For more financial information, click here
What is the mission statement of William F Vilas Trust Estate?
The William F Vilas Trust Estate focuses its efforts on supporting academic pursuits at the University of Wisconsin (UW), specifically at UW-Madison and to a lesser extent, UW-Milwaukee. Its primary objective is to provide professorships, scholarships, and fellowships for faculty and students at these universities. Additionally, the trust funds capital projects within these institutions. By doing so, the trust estate contributes significantly to the educational and research initiatives at UW-Madison and UW-Milwaukee.
What is the revenue of William F Vilas Trust Estate?
William F Vilas Trust Estate's revenue in 2024 was $10,020,110.
Who are the executives of William F Vilas Trust Estate and what are their salaries?
The average compensation at William F Vilas Trust Estate during 2024 was $89,160. There is 1 employee at William F Vilas Trust Estate.
Here are 9 key members and their salaries:
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $1,500
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $3,600
- Related: $0
- Other: $0
- Compensation: $2,700
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
Where can I find the form 990 for William F Vilas Trust Estate?
William F Vilas Trust Estate's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of William F Vilas Trust Estate
The William F Vilas Trust Estate is a charitable organization dedicated to supporting academic pursuits and artistic endeavors at the University of Wisconsin (UW) in Madison and Milwaukee. The Trust's primary mission is to enhance the educational experience at UW-Madison and secondarily at UW-Milwaukee.
Through the William F Vilas Trust Estate, significant resources are allocated towards providing professorships, scholarships, and fellowships to faculty and students. These opportunities enable academic excellence by attracting and retaining top talent in the faculty and nurturing the intellectual growth of students. The Trust's capital projects funding supports the ongoing development and modernization of the University's facilities, enhancing the learning environment and fostering innovation.
In essence, the William F Vilas Trust Estate serves as a crucial partner in advancing the University of Wisconsin's mission by investing in its most valuable assets – its faculty and students – and providing the necessary infrastructure to support their academic and artistic pursuits.
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Impact
October, 2024
The William F. Vilas Trust Estate significantly impacts the University of Wisconsin-Madison and the University of Wisconsin-Milwaukee by providing essential financial support that enhances educational and cultural opportunities. Its primary focus includes funding professorships, scholarships, and fellowships, which directly benefit faculty and students. This financial backing encourages academic excellence, attracts top talent, and fosters a vibrant learning environment.
Additionally, the Trust plays a vital role in supporting capital projects that improve campus facilities and resources. These improvements create spaces conducive to learning, research, and artistic expression, enriching the overall educational experience for students. In essence, the William F. Vilas Trust Estate strengthens the academic landscape and cultural vitality of these institutions, ensuring they can continue to serve their communities effectively.
This information is meant to be a general summary of William F Vilas Trust Estate. 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 2024.
- Investment Income: $4,722,493
- Gross Receipts: $111,130,817
Assets and Liabilities:
- Total Assets: $133,759,429
- Total Liabilities: $0
- Net Assets: $133,759,429
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Organization Details
Founding Year
1961
Principal Officer
Robert R Stroud
NTEE Category
Code: B82 - Education
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