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Truman State University Foundation

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

EIN: 431381504 ✦ Kirksville, MO ✦ Designated as a 501(c)(3)

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Overview

What is Truman State University Foundation?

Truman State University Foundation is a nonprofit organization situated in Kirksville, Missouri, specifically at 100 E Normal St 105 McClain Hall. Their primary mission is to support and strengthen Truman State University by cultivating lasting relationships, securing private financial gifts, and practicing responsible stewardship of their resources. They accomplish this by administering scholarship programs for university students, with 551 students receiving scholarships in fiscal year 2022, based on criteria established by various donors for various scholarship funds. The foundation's activities are aimed at enhancing the university's goals and activities.


Official website here: www.giving.truman

What are the reviews and ratings of this charity?

**Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)**

The Truman State University Foundation has received a commendable Four-Star rating from Charity Navigator, indicating a strong performance in the Accountability and Finance category. A majority of the board members are independent, reflecting a commitment to transparency and governance. The foundation scored well across various financial metrics, including a high program expense ratio, suggesting effective allocation of resources towards its mission.

Notably, while the organization excels in several accountability measures, it has not been evaluated in aspects like Impact & Measurement, Culture & Community, or Leadership & Adaptability due to insufficient data. This gap highlights a potential area for improvement, as a more comprehensive evaluation of these dimensions could provide a fuller picture of the foundation's overall effectiveness.

Unfortunately, user reviews from GreatNonprofits could not be retrieved, leaving a gap in anecdotal feedback from stakeholders. However, with its strong financial management and accountability practices, the Truman State University Foundation demonstrates a solid foundation for further growth and impact in supporting educational initiatives.


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

What do the Facebook reviews say about Truman State University Foundation?

92% of 515 reviewers on Facebook recommend the Truman State University Foundation. Here's a closer look at what people are saying:

Many parents express satisfaction with the scholarship offerings and job opportunities available to students, highlighting the supportive campus environment. Reviewers appreciate the dedicated faculty who take a genuine interest in students' success and the helpful tutoring programs, which have made a positive impact on their children’s academic journeys. The range of clubs and activities also adds to the vibrant campus life, fostering a sense of community among students.

However, there are some areas for improvement. A few users pointed out that experiences with freshman academic advising could be enhanced, suggesting that connections with field-specific advisors in later years may be more beneficial. Additionally, concerns were raised about the cafeteria's food variety on regular days compared to special events, indicating a need for consistency in dining options. Overall, the foundation appears to create a nurturing and engaging atmosphere for students while recognizing some challenges to address.


This AI summary has been generated from reviews found on Facebook.

Is Truman State University Foundation legitimate?

Truman State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Truman State 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:

Executive Compensation: $0
Professional Fundraising Fees: $29,089
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.giving.truman

What is the mission statement of Truman State University Foundation?

The Truman State University Foundation's mission is to further the university's objectives by establishing lasting relationships, securing private financial support, and acting as responsible financial stewards. Their primary goal is to support the activities and goals of Truman State University. They achieve this by obtaining financial assistance, fostering connections with external stakeholders, and managing the foundation's resources in a prudent manner. The foundation also provides scholarships to Truman State University students based on criteria set by donors, granting scholarships to 551 students in fiscal year 2022.


Official website here: www.giving.truman

What is the revenue of Truman State University Foundation?

Truman State University Foundation's revenue in 2024 was $6,897,011.


Official website here: www.giving.truman

Who are the executives of Truman State University Foundation and what are their salaries?

There 130 volunteers at Truman State University Foundation.

Here are 25 key members and their salaries:


Calaneet Balas (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Garnett (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Susan Thomas (University President)
  • Compensation: $0
  • Related: $332,925
  • Other: $92,491
Rashmi Prasad (Board Member)
  • Compensation: $0
  • Related: $147,117
  • Other: $49,364
Emma Suchsland (Student Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Matthews (Alumni Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ayres (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Brennan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Christofferson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cleaver (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Clithero (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Gayden (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Gingrich (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Gioia (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Gramlich (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Hill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Marek (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Kristin Sanders (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Shreve (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Stilley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Turk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Woods (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Ernie Hughes (Secretary Ex Officio)
  • Compensation: $0
  • Related: $158,256
  • Other: $50,140
Amy Clendennen (General Counsel Ex Officio)
  • Compensation: $0
  • Related: $157,708
  • Other: $59,927
Michael Garzanelli (Treasurer Ex Officio)
  • Compensation: $0
  • Related: $103,656
  • Other: $35,443


Official website here: www.giving.truman

Where can I find the form 990 for Truman State University Foundation?

Truman State University Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.giving.truman

Learn more at the official website: www.giving.truman

Mission Statement of Truman State University Foundation

The Truman State University Foundation's mission is centered around advancing the university through the cultivation of enduring relationships, the acquisition of significant private financial support, and the responsible management of its resources. The organization's primary objective is to foster the objectives and activities of Truman State University by procuring financial backing, fostering viable relationships with external stakeholders, and acting as diligent financial stewards of the foundation's assets. In line with this mission, the Truman State University Foundation provides scholarships to students attending the university, utilizing criteria set forth by donors for various scholarship funds. For the fiscal year 2022, the foundation granted scholarships to 551 students.

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Impact




July, 2024

Truman State University Foundation's impact is significant in advancing the university through lasting relationships, strong private gift support, and prudent stewardship. One of the key ways they make a difference is through their scholarship programs. In fiscal year 2022, the foundation granted scholarships to 551 students at Truman State University. This support helps students pursue their education and reach their academic goals. The foundation plays a crucial role in supporting the university's mission by obtaining financial support, nurturing relationships with external constituents, and serving as prudent financial stewards of the foundation's resources. Through these efforts, Truman State University Foundation is making a tangible difference in the lives of students and the university community.




This information is meant to be a general summary of Truman State 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.

Revenue
$6,897,011 (2024)
Expenses
$4,880,842 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $2,953,553
  • Program Service Revenue: $15,086
  • Gross Receipts: $29,627,315

Assets and Liabilities:

  • Total Assets: $67,951,751
  • Total Liabilities: $626,376
  • Net Assets: $67,325,375

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

STUDENT LOAN INTEREST INCOME

Revenue

$15,086

Organization Details

Founding Year

1984

Principal Officer

Dr Susan Thomas

NTEE Category

Code: B114 - Education

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