Overview
What is University Of Northern Iowa Foundation?
The University of Northern Iowa Foundation, based in Cedar Falls, Iowa, is a nonprofit organization dedicated to supporting and enhancing the University of Northern Iowa (UNI) through the solicitation and management of private gifts. The foundation plays a vital role in growing and sustaining UNI's resources, fostering relationships to benefit students, faculty, staff, and programs. The foundation administers scholarships, primarily for UNI students, using guidelines set at the time the scholarships are established. The UNI Foundation's mission is to promote and sustain the university by managing funds for its educational, research, and scientific activities. With a team of 45 employees, the foundation is committed to making a positive impact on UNI and its community.
Official website here: www.foundation.uni.edu
What are the reviews and ratings of this charity?
Charity Navigator rating: 96%, Four-Star out of Four Star rating.
The University of Northern Iowa Foundation has achieved an impressive rating of 96%, reflecting strong accountability and financial management. The organization boasts a fully independent board with 29 members and excellent scores in transparency, including the availability of financial statements and board meeting minutes. Their commitment to governance is further highlighted by robust policies on conflict of interest, whistleblower protection, and document retention.
While the foundation excels in many areas, it does face a limitation regarding donor privacy, as they do not have a policy in place for this aspect. Additionally, their program expense ratio stands at 65.79%, which may indicate room for improvement in allocating funds directly towards programs. However, the foundation's strong fundraising efficiency and low liabilities to assets ratio suggest a stable financial footing and effective fundraising practices.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Northern Iowa Foundation legitimate?
University Of Northern Iowa Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Northern Iowa Foundation 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: $1,249,341
Professional Fundraising Fees: $289,072
Other Salaries and Wages: $5,648,884
For more financial information, click here
Official website here: www.foundation.uni.edu
What is the mission statement of University Of Northern Iowa Foundation?
The University of Northern Iowa Foundation functions to expand and maintain private resources for the University of Northern Iowa. Its primary objective is to foster relationships and support the university, its students, faculty, staff, and programs. The foundation manages scholarships, mainly benefiting students at the University of Northern Iowa. Scholarship recipients are chosen by faculty, department heads, deans, financial aid officers, or a combination thereof, based on the scholarship's established guidelines. The University of Northern Iowa Foundation administers the funds for these scholarships funded by private gifts.
Official website here: www.foundation.uni.edu
Who is the CEO of University Of Northern Iowa Foundation?
Jim Jermier is the Board President of University Of Northern Iowa Foundation.
Official website here: www.foundation.uni.edu
What is the revenue of University Of Northern Iowa Foundation?
University Of Northern Iowa Foundation's revenue in 2022 was $39,233,728.
Official website here: www.foundation.uni.edu
Who are the executives of University Of Northern Iowa Foundation and what are their salaries?
The average compensation at University Of Northern Iowa Foundation during 2022 was $153,294. There are 45 employees and 40 volunteers at University Of Northern Iowa Foundation.
Here are 41 key members and their salaries:
- Compensation: $226,498
- Related: $0
- Other: $48,341
- Compensation: $147,434
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- Other: $27,245
- Compensation: $137,691
- Related: $0
- Other: $36,868
- Compensation: $101,935
- Related: $0
- Other: $31,093
- Compensation: $100,853
- Related: $0
- Other: $41,944
- Compensation: $112,342
- Related: $0
- Other: $24,148
- Compensation: $105,052
- Related: $0
- Other: $22,585
- Compensation: $74,821
- Related: $0
- Other: $8,647
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Official website here: www.foundation.uni.edu
Where can I find the form 990 for University Of Northern Iowa Foundation?
University Of Northern Iowa Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foundation.uni.edu
Learn more at the official website: www.foundation.uni.edu
Mission Statement of University Of Northern Iowa Foundation
The University of Northern Iowa Foundation is a non-profit organization dedicated to sustaining and growing the University of Northern Iowa (UNI) by soliciting and managing gifts to support its education, research, and scientific activities. In simpler terms, its mission is to build relationships and secure private resources to benefit UNI, its students, faculty, staff, and programs.
Through the management of private gifts, the University of Northern Iowa Foundation plays a crucial role in providing scholarships, primarily for UNI students. Scholarship recipients are carefully chosen by UNI faculty, department heads, deans, financial aid officers, or a combination of these, based on the guidelines established at the time the scholarship is created. The Foundation administers the funds for these scholarships to help deserving students receive financial assistance. Thus, the University of Northern Iowa Foundation is instrumental in making higher education more accessible and affordable for students attending UNI.
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Impact
October, 2024
The University of Northern Iowa Foundation significantly impacts the educational landscape by soliciting and managing gifts that enhance the university's programs, research, and scholarship offerings. Through its efforts, the foundation plays a crucial role in providing scholarships that benefit students, facilitating their educational journeys and helping to alleviate financial burdens.
Scholarship recipients are carefully selected by the university's faculty, department heads, and financial aid officers based on specific guidelines established by each scholarship. This ensures that the support provided is aligned with the university's educational mission and meets the needs of its diverse student population. By building relationships and growing private resources, the foundation not only contributes to students’ success but also strengthens the overall community at the University of Northern Iowa. Its commitment to sustaining and promoting the university underlines the importance of educational funding in fostering academic excellence and innovation.
This information is meant to be a general summary of University Of Northern Iowa Foundation. 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: $9,482,615
- Gross Receipts: $139,868,195
Assets and Liabilities:
- Total Assets: $224,185,175
- Total Liabilities: $3,219,955
- Net Assets: $220,965,220
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Organization Details
Founding Year
1959
Phone
(319) 273-7118Principal Officer
Jim Jermier
Main Address
204 COMMONS UNI, CEDAR FALLS, IA, 506140282
Website
www.foundation.uni.eduNTEE Category
Code: B110 - Education
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