Overview
What is Lakeland University Foundation Inc?
Lakeland University Foundation Inc, located in Plymouth, Wisconsin, is a charitable organization that primarily functions to support Lakeland University. They achieve this by administering scholarships for students attending the university, utilizing funds that the foundation itself provides. The foundation's resources are derived from donations, which they solicit to subsidize scholarships, professorships, and university operations. The investment income generated from these donations is used to provide financial assistance, thereby contributing significantly to the educational journey of students at Lakeland University.
Official website here: www.lakeland.edu
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 96% (Four-Star out of Four Stars)**
Lakeland University Foundation Inc has received an impressive Four-Star rating from Charity Navigator, signifying high standards in Accountability and Finance. The organization demonstrates a strong commitment to financial integrity, with an efficient program expense ratio and an independent board structure. The historical rating primarily reflects its excellent score in the Accountability pillar, showcasing effective governance and safeguarding of assets.
Strengths include a fully independent board and strong oversight measures, which enhance trust in its financial practices. However, it is notable that while the Accountability and Finance elements are robustly evaluated, areas like Impact & Measurement, Culture & Community, and Leadership & Adaptability have not been scored yet. This limitation suggests potential areas for growth in the foundation's overall evaluation.
User reviews from GreatNonprofits could not be fetched, therefore insights into personal experiences or feedback from beneficiaries and stakeholders regarding their services are not available.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Lakeland University Foundation Inc?
88% of reviewers on Facebook recommend Lakeland University Foundation Inc. Here is a summary of their reviews:
Many individuals express enthusiasm about the university, highlighting the supportive environment and exceptional students. Parents appreciate the positive impact the university has on their children’s education, often mentioning their satisfaction with the educational opportunities and experiences provided.
Overall, there is a strong sentiment of approval, indicating that the nonprofit successfully fosters a nurturing academic community that resonates well with both students and their families. The positive remarks suggest that Lakeland University Foundation Inc. is delivering on its promises to the community it serves.
This AI summary has been generated from reviews found on Facebook.
Is Lakeland University Foundation Inc legitimate?
Lakeland University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakeland 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lakeland.edu
What is the mission statement of Lakeland University Foundation Inc?
The Lakeland University Foundation Inc operates with the primary goal of soliciting donations on behalf of Lakeland University. These funds are earmarked for various purposes, including subsidizing scholarships, professor positions, and university operations. The foundation utilizes investment income to fulfill these objectives, providing financial aid for students through scholarships during the academic year. Additionally, the foundation supports professor positions and university operations with the funds at its disposal.
Official website here: www.lakeland.edu
Who is the CEO of Lakeland University Foundation Inc?
Elizabeth Borgen is the President of Lakeland University Foundation Inc.
Official website here: www.lakeland.edu
What is the revenue of Lakeland University Foundation Inc?
Lakeland University Foundation Inc's revenue in 2022 was $8,225,756.
Official website here: www.lakeland.edu
Who are the executives of Lakeland University Foundation Inc and what are their salaries?
There 7 volunteers at Lakeland University Foundation Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $216,237
- Other: $15,497
Official website here: www.lakeland.edu
Where can I find the form 990 for Lakeland University Foundation Inc?
Lakeland University Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lakeland.edu
Learn more at the official website: www.lakeland.edu
Mission Statement of Lakeland University Foundation Inc
Lakeland University Foundation Inc plays a crucial role in raising funds for Lakeland University. Their mission is to collect donations that are then utilized to subsidize various aspects of the university's operations. These funds are primarily channeled towards scholarships for students, professorships, and the university's general operations. The investment income generated from these funds serves as the primary source of funding for these initiatives. The foundation's contributions to scholarships enable deserving students to attend Lakeland University during the academic year. Additionally, the foundation supports professorships, providing financial aid to faculty members, thereby enhancing the quality of education at the university. The foundation's role in funding operations ensures that Lakeland University continues to function efficiently and effectively, providing a conducive learning environment for its students.
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Impact
July, 2024
Lakeland University Foundation Inc plays a crucial role in supporting Lakeland University's students and faculty through its scholarship and professorship programs. By soliciting donations and providing funding for scholarships, professorships, and operations, the foundation helps make quality education accessible to deserving individuals. This support not only benefits the recipients directly but also contributes to the overall growth and success of Lakeland University as an educational institution.
This information is meant to be a general summary of Lakeland 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: $7,384,594
- Gross Receipts: $18,728,352
Assets and Liabilities:
- Total Assets: $18,815,363
- Total Liabilities: $38,005
- Net Assets: $18,777,358
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Organization Details
Founding Year
1989
Phone
(920) 565-1000Principal Officer
Elizabeth Borgen
Main Address
W3718 SOUTH DRIVE, PLYMOUTH, WI, 53073
Website
www.lakeland.eduNTEE Category
Code: B110 - Education
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