Overview
What is Stout University Foundation Inc?
Stout University Foundation Inc, based in Menomonie, Wisconsin, serves as a bridge between the University of Wisconsin-Stout and its diverse constituencies. Their primary objective is to support the university's mission and goals by managing and utilizing resources effectively. Specifically, they fund various projects for programs and departments at UW-Stout, including academic centers and a chair position. By cultivating relationships with different stakeholders, the Stout University Foundation Inc plays a crucial role in enhancing the university's capabilities and benefiting its community.
Official website here: www.uwstout.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars) from Charity Navigator.
Stout University Foundation Inc has achieved an impressive Four-Star rating, showcasing exceptional accountability and finance practices. The foundation boasts an independent board composed entirely of ten members and has maintained transparency with their financial oversight, which is underscored by their spotless audit record. Their low liabilities-to-assets ratio and effective fundraising efficiency further reflect their sound financial management.
The foundation allocates a significant portion of its expenses—68%—towards its programmatic efforts, indicating a strong commitment to its mission. Additionally, their long working capital ratio of 20.31 years suggests that they have a robust financial buffer to support future initiatives. However, it is noted that certain evaluation methodologies regarding impact, community culture, and leadership adaptability are currently not assessable.
User reviews from GreatNonprofits could not be obtained. As a result, individual sentiments about the foundation's operations or performance cannot be summarized. Overall, the organization presents itself as a financially stable and accountable entity focused on supporting educational endeavors.
This AI summary has been generated from information found on Charity Navigator.
Is Stout University Foundation Inc legitimate?
Stout University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stout 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.
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Official website here: www.uwstout.edu
What is the mission statement of Stout University Foundation Inc?
The Stout University Foundation Inc's mission is to foster relationships between UW-Stout and its various constituencies for their mutual benefit. This is achieved by supporting the mission and goals of UW-Stout through the acquisition and stewardship of resources. The foundation provides funds to UW-Stout, which are utilized for various projects such as funding chairs, academic centers, and other initiatives within different programs and departments at the university. The primary objective is to contribute to UW-Stout's growth and development by leveraging its resources effectively.
Official website here: www.uwstout.edu
What is the revenue of Stout University Foundation Inc?
Stout University Foundation Inc's revenue in 2024 was $16,227,615.
Official website here: www.uwstout.edu
Who are the executives of Stout University Foundation Inc and what are their salaries?
There 50 volunteers at Stout University Foundation Inc.
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Official website here: www.uwstout.edu
Where can I find the form 990 for Stout University Foundation Inc?
Stout University Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.uwstout.edu
Learn more at the official website: www.uwstout.edu
Mission Statement of Stout University Foundation Inc
Stout University Foundation Inc, in its mission, aims to foster relationships between the University of Wisconsin-Stout and its various stakeholders for their mutual benefit. The foundation supports the mission and goals of UW-Stout by acquiring and managing resources efficiently. It accomplishes this by providing funds for various projects, such as academic centers, endowed chairs, and other initiatives, which enhance programs and departments at UW-Stout. In essence, Stout University Foundation Inc serves as a bridge between UW-Stout and its constituencies, contributing to the university's growth and development.
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Impact
July, 2024
Stout University Foundation Inc's impact is significant in fostering relationships between UW-Stout and various constituencies for mutual benefit. By supporting the mission and goals of UW-Stout through the acquisition and stewardship of resources, the foundation plays a crucial role in providing funds for chairs, academic centers, and various other projects that enhance programs and departments at the university. This support ultimately contributes to the advancement and success of UW-Stout in the field of education.
This information is meant to be a general summary of Stout 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 2024.
- Investment Income: $2,680,201
- Gross Receipts: $59,597,338
Assets and Liabilities:
- Total Assets: $82,806,182
- Total Liabilities: $896,129
- Net Assets: $81,910,053
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Organization Details
Founding Year
1962
Principal Officer
Linda Funk
Website
www.uwstout.eduNTEE Category
Code: B110 - Education
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