Overview
What is Southeast Missouri University Foundation?
The Southeast Missouri University Foundation, located at One University Plaza in Cape Girardeau, Missouri (63701), serves as the official gift receiving organization for Southeast Missouri State University. This nonprofit entity raises and manages resources to support the university's educational mission. Through various funding sources, the foundation benefits numerous departments, programs, and student scholarships within the institution. In essence, the Southeast Missouri University Foundation plays a crucial role in advancing the university's goals by securing and allocating essential resources.
Official website here: www.semo.edu/foundation/
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95%, Four-Star out of Four Star rating.
The Southeast Missouri University Foundation has achieved a high level of accountability and financial management, reflected in its 95% score. This rating is significant as it underscores the organization’s commitment to transparency and effective stewardship of its resources. The majority of the board members are independent, which promotes integrity in governance, and the foundation’s financial health appears robust with a low liabilities to assets ratio and strong program expense ratio.
Strengths of the foundation include its thorough financial oversight mechanisms, such as an audit and oversight committee, and a commendable fundraising efficiency ratio. The lack of material diversion of assets and the presence of documented board meeting minutes further enhance its credibility. However, the foundation has been noted for missing a whistleblower policy, which is a significant aspect of accountability that could improve its governance framework.
Overall, the Southeast Missouri University Foundation demonstrates strong financial performance and responsible governance with minor areas for improvement. Its high marks in key accountability metrics suggest it is well-equipped to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Southeast Missouri University Foundation legitimate?
Southeast Missouri University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Missouri University 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:
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For more financial information, click here
Official website here: www.semo.edu/foundation/
What is the mission statement of Southeast Missouri University Foundation?
The Southeast Missouri University Foundation plays a crucial role in supporting the educational mission of Southeast Missouri State University. Acting as the official gift-receiving organization, it raises and manages resources for various university departments, programs, and student scholarships. The foundation's efforts enable the university to advance its mission effectively, fostering academic growth and opportunities for students. By securing funds from various sources, it contributes significantly to enhancing the educational landscape at the university.
Official website here: www.semo.edu/foundation/
Who is the CEO of Southeast Missouri University Foundation?
Wendell Snodgrass is the Principal Officer of Southeast Missouri University Foundation.
Official website here: www.semo.edu/foundation/
What is the revenue of Southeast Missouri University Foundation?
Southeast Missouri University Foundation's revenue in 2022 was $19,679,164.
Official website here: www.semo.edu/foundation/
Who are the executives of Southeast Missouri University Foundation and what are their salaries?
There 90 volunteers at Southeast Missouri University Foundation.
Here are 64 key members and their salaries:
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Official website here: www.semo.edu/foundation/
Where can I find the form 990 for Southeast Missouri University Foundation?
Southeast Missouri University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.semo.edu/foundation/
Learn more at the official website: www.semo.edu/foundation/
Mission Statement of Southeast Missouri University Foundation
The Southeast Missouri University Foundation plays a vital role in supporting the educational mission of Southeast Missouri State University. Acting as the official gift receiving organization of the university, it raises and manages resources to further its academic goals. The foundation accepts funds from numerous sources, which ultimately benefit a multitude of university departments, programs, and student scholarships. By doing so, it significantly contributes to the university's growth and development.
In essence, the Southeast Missouri University Foundation serves as a crucial partner to the university in its pursuit of knowledge and academic excellence. It facilitates the acquisition of essential resources that enable the institution to foster a rich and diverse learning environment for its students. These resources, in turn, empower the university to provide a comprehensive education and prepare its graduates for successful careers and meaningful contributions to society. Thus, the foundation's mission is instrumental in advancing the university's vision and ensuring its long-term success.
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Impact
October, 2024
The Southeast Missouri University Foundation plays a vital role in advancing the educational mission of Southeast Missouri State University. By raising and managing resources, the Foundation supports a diverse array of university departments, programs, and student scholarships. These efforts enhance educational opportunities and contribute to the overall growth and development of students and the university community in Cape Girardeau, MO. The Foundation's activities ensure that funds are effectively directed towards initiatives that benefit both current and future generations of learners, fostering an environment where educational excellence can thrive.
This information is meant to be a general summary of Southeast Missouri University 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: $8,973,319
- Program Service Revenue: $381,626
- Gross Receipts: $19,873,213
Assets and Liabilities:
- Total Assets: $133,455,588
- Total Liabilities: $4,604,006
- Net Assets: $128,851,582
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$381,626
Organization Details
Founding Year
1983
Phone
(573) 651-2175Principal Officer
Wendell Snodgrass
Main Address
ONE UNIVERSITY PLAZA, CAPE GIRARDEAU, MO, 63701
Website
www.semo.edu/foundation/NTEE Category
Code: B110 - Education
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