Concordia University Wisconsin Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 396077337 ✦ Mequon, WI ✦ Designated as a 501(c)(3)

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Overview

What is Concordia University Wisconsin Foundation Inc?

Concordia University Wisconsin Foundation Inc, based in Mequon, Wisconsin, functions as a supporting organization dedicated to raising funds for Concordia University Inc. Through their general fundraising activities, they contribute significantly to the university, while also managing scholarship programs specifically for its students. This foundation's mission is to help Concordia University Wisconsin thrive by securing essential financial resources.


Official website here: www.cuw.edu

What are the reviews and ratings of this charity?

95% rating from Charity Navigator.

Concordia University Wisconsin Foundation Inc has earned an impressive Four-Star out of Four Star rating, reflecting its strong commitment to accountability and financial health. The foundation boasts a perfect score of 100% for having a fully independent board, which enhances governance. Additionally, its financial oversight practices are robust, with no material diversions of assets and a significant program expense ratio of over 96%, indicating that most funds are directed toward its mission.

The foundation exhibits excellent fundraising efficiency and maintains a healthy working capital ratio, showcasing its financial sustainability. The presence of essential policies such as conflict of interest, whistleblower protections, and document retention further demonstrates a commitment to transparency and ethical governance. While the organization's financial metrics are strong, ongoing communication about its program impact may enhance stakeholder engagement.


This AI summary has been generated from information found on Charity Navigator.

Is Concordia University Wisconsin Foundation Inc legitimate?

Concordia University Wisconsin Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concordia University Wisconsin 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.cuw.edu

What is the mission statement of Concordia University Wisconsin Foundation Inc?

The Concordia University Wisconsin Foundation Inc serves as a supporting organization, solely dedicated to raising funds for Concordia University Inc. Its mission is focused on providing both general and scholarship fundraising, with the ultimate goal of benefiting the university and its students. This non-profit organization raises funds to support various aspects of Concordia University, contributing to its educational initiatives. The Foundation's efforts aim to provide opportunities for students, ensuring they can pursue their academic goals. Through its fundraising activities, the Foundation helps to strengthen the university's resources and capabilities.


Official website here: www.cuw.edu

Who is the CEO of Concordia University Wisconsin Foundation Inc?

Roy Peterson is the Chair of Concordia University Wisconsin Foundation Inc.


Official website here: www.cuw.edu

What is the revenue of Concordia University Wisconsin Foundation Inc?

Concordia University Wisconsin Foundation Inc's revenue in 2022 was $15,908,251.


Official website here: www.cuw.edu

Who are the executives of Concordia University Wisconsin Foundation Inc and what are their salaries?

There 151 volunteers at Concordia University Wisconsin Foundation Inc.


Here are 24 key members and their salaries:


Christine Specht-Palmert (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrance Rowinski (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark F Polzin (Investment Committee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon R Schumacher (Membership Comm Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Fischer Wollack (Cuaa Adv Comm Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard E Twietmeyer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Falluca (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry M Donovan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John J Stollenwerk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Burow (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael H White (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Dowell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick M Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Horne (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Balistreri (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chezare Misko (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Seider (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Watkins (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Tomasini (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Celeste Cuffie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Schjerven (Director Primarius)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Cario (Interim President)
  • Compensation: $0
  • Related: $108,999
  • Other: $194,459
Allen J Prochnow (Evp/Coo Cuw)
  • Compensation: $0
  • Related: $237,633
  • Other: $39,389
Dr Roy Peterson (Vp Advancement / Cfo Cuw)
  • Compensation: $0
  • Related: $161,555
  • Other: $55,795


Official website here: www.cuw.edu

Where can I find the form 990 for Concordia University Wisconsin Foundation Inc?

Concordia University Wisconsin Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cuw.edu

Learn more at the official website: www.cuw.edu

Mission Statement of Concordia University Wisconsin Foundation Inc

Concordia University Wisconsin Foundation Inc is a supporting organization that plays a crucial role in raising funds for Concordia University Inc. Its mission is focused on providing general fund raising support and scholarship fund raising exclusively for Concordia University and its students. The Foundation's efforts are geared towards enhancing the post-secondary educational experience for students by securing essential funds.

In more detail, Concordia University Wisconsin Foundation Inc functions as a key partner in the educational community, dedicated to advancing Concordia University's mission. Through its fundraising initiatives, the Foundation supports various aspects of the University's operations, ensuring the continued delivery of high-quality education to its students. Furthermore, the Foundation's scholarship fundraising efforts enable deserving students to pursue their academic goals, regardless of financial constraints.

The Foundation's activities are centered around the core belief that every student deserves access to an excellent education. By raising funds for both the general operations of Concordia University and scholarships for its students, the Foundation is instrumental in creating opportunities for students to succeed academically and personally. In this capacity, it is an essential contributor to the educational journey of those enrolled at Concordia University.

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Impact




October, 2024

Concordia University Wisconsin Foundation Inc significantly impacts the educational landscape by facilitating fundraising efforts that provide essential financial support for Concordia University and its students. Through its focused initiatives, the foundation raises funds that help create scholarships, making postsecondary education more accessible for a diverse range of students.

By championing scholarship fundraising, the foundation plays a crucial role in alleviating the financial burdens faced by students, allowing them to pursue their academic and career goals without the heavy weight of student debt. This support not only enriches the individual lives of students but also contributes to the overall mission of Concordia University, promoting a culture of academic excellence and community service.

The foundation's efforts ensure that Concordia University can continue to attract and retain top talent, fostering an environment where students are encouraged to thrive and succeed. By investing in education, Concordia University Wisconsin Foundation Inc helps empower the next generation of leaders and professionals, ultimately strengthening communities in Mequon, Wisconsin, and beyond.




This information is meant to be a general summary of Concordia University Wisconsin 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.

Revenue
$15,908,251 (2022)
Expenses
$263,556 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,142,062
  • Gross Receipts: $15,977,502

Assets and Liabilities:

  • Total Assets: $139,377,062
  • Total Liabilities: $0
  • Net Assets: $139,377,062

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Organization Details

Founding Year

2003

Principal Officer

Roy Peterson

Main Address

12800 N LAKE SHORE DRIVE, MEQUON, WI, 53097

NTEE Category

Code: T99 - Philanthropy

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