Overview
What is University Of Wisconsin-Superior Foundation Inc?
University of Wisconsin-Superior Foundation Inc is a nonprofit organization located in Superior, Wisconsin. Its primary mission is to cultivate, receive, invest, and manage philanthropic resources to enhance opportunities for the University of Wisconsin-Superior, benefiting its students, employees, programs, and facilities. This includes providing student financial aid, such as scholarships and loan fund maintenance, as well as other student support services. The organization's activities are centered around utilizing donations and investments to further the University's goals and better the lives of its community.
What are the reviews and ratings of this charity?
Charity Navigator rating: 93%, Four-Star out of Four Star rating.
The University of Wisconsin-Superior Foundation Inc has achieved a high rating of 93%, which reflects its strong commitment to accountability and finance. This rating is based solely on the Accountability & Finance beacon, indicating that the organization maintains rigorous financial oversight and transparency. With a fully independent board and no material diversion of assets, the foundation demonstrates a high level of integrity in its operations.
Strengths of the foundation include its effective financial management, with a program expense ratio of 69.36%, suggesting a significant portion of its resources is directed towards its mission-related activities. The foundation also has comprehensive policies in place, such as conflict of interest and whistleblower policies, further enhancing its governance framework. The detailed documentation of board meeting minutes and the presence of an Audit and Oversight Committee further underline its commitment to accountability.
There are no significant limitations noted in the available data, indicating that the organization is performing well in terms of governance and financial management. Overall, the University of Wisconsin-Superior Foundation Inc stands out as a well-managed nonprofit, dedicated to its mission while ensuring responsible handling of resources.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Wisconsin-Superior Foundation Inc legitimate?
University Of Wisconsin-Superior Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Wisconsin-Superior 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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What is the mission statement of University Of Wisconsin-Superior Foundation Inc?
The University of Wisconsin-Superior Foundation Inc's mission is centered around cultivating, receiving, investing, and managing philanthropic resources. This mission aims to foster exceptional opportunities for the University of Wisconsin-Superior, its students, employees, programs, and facilities. The foundation primarily focuses on providing student financial aid, such as scholarship awards and maintaining loan funds, as well as offering other forms of student support.
Who is the CEO of University Of Wisconsin-Superior Foundation Inc?
Jeanne Thompson is the President of University Of Wisconsin-Superior Foundation Inc.
What is the revenue of University Of Wisconsin-Superior Foundation Inc?
University Of Wisconsin-Superior Foundation Inc's revenue in 2023 was $1,947,523.
Who are the executives of University Of Wisconsin-Superior Foundation Inc and what are their salaries?
There 23 volunteers at University Of Wisconsin-Superior Foundation Inc.
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Where can I find the form 990 for University Of Wisconsin-Superior Foundation Inc?
University Of Wisconsin-Superior Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of University Of Wisconsin-Superior Foundation Inc
The University of Wisconsin-Superior Foundation Inc is dedicated to cultivating, receiving, investing, and managing philanthropic resources. This mission serves to support exceptional opportunities for the University of Wisconsin-Superior, its students, employees, programs, and facilities. By carrying out this mission, the foundation aims to enhance the academic and personal growth of the university community.
One of the primary ways the foundation achieves this is through student financial aid. They provide scholarship awards, maintain loan funds, and offer various student support services for the University of Wisconsin-Superior. This commitment to student success not only helps reduce financial burdens but also ensures that talented individuals have the opportunity to pursue their education. By doing so, the foundation contributes to a more skilled and diverse workforce, ultimately benefiting society as a whole.
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Impact
July, 2024
The impact of University Of Wisconsin-Superior Foundation Inc is significant in supporting exceptional opportunities for the University of Wisconsin-Superior, its students, employees, programs, and facilities. Specifically, the foundation plays a crucial role in providing student financial aid, including scholarship awards, maintaining loan funds, and offering other forms of student support at the university. Through its philanthropic efforts, the foundation helps enhance the educational experience, promote academic excellence, and invest in the future of students and the institution as a whole.
This information is meant to be a general summary of University Of Wisconsin-Superior 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 2023.
- Investment Income: $267,892
- Gross Receipts: $7,401,808
Assets and Liabilities:
- Total Assets: $27,368,618
- Total Liabilities: $432,064
- Net Assets: $26,936,554
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Organization Details
Founding Year
1975
Phone
(715) 394-8452Principal Officer
Jeanne Thompson
Main Address
PO BOX 2000, SUPERIOR, WI, 54880
NTEE Category
Code: B43I - Education
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