Overview
What is North Dakota University System Foundation?
The North Dakota University System Foundation is a nonprofit organization situated in Bismarck, North Dakota. Its primary objective is to foster educational growth by providing scholarships and supporting initiatives that enhance career development, while remaining responsive to evolving workforce requirements. By carrying out these activities, the foundation aims to strengthen and improve higher education within the state of North Dakota, benefiting both students and faculty.
Official website here: www.foundation.ndus.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
The North Dakota University System Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With an overall score of 90%, the organization excels particularly in its financial metrics, demonstrating a program expense ratio of 99.53%, indicating that nearly all of its expenditures are directed towards its mission-driven programs.
Strengths include a fully independent board, with all members meeting the criteria for independence, and a commendable score in various governance practices like having a listed conflict of interest policy and proper documentation of board meeting minutes. Additional highlights include no reported material diversions of assets and a perfect ratio of liabilities to assets, showcasing robust financial stability.
However, the foundation does have a notable limitation, as it lacks a whistleblower policy, which could raise concerns about transparency and ethical governance. Despite this, the strong scores in other critical areas underscore the organization's overall reliability and effectiveness in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is North Dakota University System Foundation legitimate?
North Dakota University System Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Dakota University System 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.
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Official website here: www.foundation.ndus.edu
What is the mission statement of North Dakota University System Foundation?
The North Dakota University System Foundation's mission is centered around supporting, enriching, advancing, and improving higher education within North Dakota. This organization strives to assist students, faculty, and staff by providing scholarships and supporting new initiatives, career building, and responsiveness to changing workforce needs. Its goal is to encourage educational opportunities and contribute to the betterment of higher education in the state.
Official website here: www.foundation.ndus.edu
Who is the CEO of North Dakota University System Foundation?
Timothy Mihalick is the Secretarytreasurer Ex-Offic of North Dakota University System Foundation.
Official website here: www.foundation.ndus.edu
What is the revenue of North Dakota University System Foundation?
North Dakota University System Foundation's revenue in 2023 was $6,700.
Official website here: www.foundation.ndus.edu
Who are the executives of North Dakota University System Foundation and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.foundation.ndus.edu
Where can I find the form 990 for North Dakota University System Foundation?
North Dakota University System Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.foundation.ndus.edu
Learn more at the official website: www.foundation.ndus.edu
Mission Statement of North Dakota University System Foundation
The North Dakota University System Foundation plays a crucial role in enhancing and advancing higher education within the state of North Dakota. Its mission is multifaceted, encompassing both supporting and enriching the educational landscape, as well as assisting students, faculty, and staff. The organization seeks to foster educational opportunities by providing scholarships for new initiatives, aiding in career development, and responding to the evolving needs of the workforce. This proactive approach to higher education aims to improve the overall quality and accessibility of education in North Dakota.
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Impact
August, 2024
The North Dakota University System Foundation's impact is significant in supporting, enriching, advancing, and improving higher education in the state of North Dakota. Through providing scholarships, supporting new initiatives, and enhancing career-building opportunities, the foundation plays a key role in promoting educational opportunities for students, faculty, and staff. Their work helps address changing workforce needs and contributes to the overall advancement of higher education in the state.
This information is meant to be a general summary of North Dakota University System 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 2023.
- Gross Receipts: $6,700
Assets and Liabilities:
- Total Assets: $34,501
- Total Liabilities: $0
- Net Assets: $34,501
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Organization Details
Founding Year
1991
Principal Officer
Timothy Mihalick
Main Address
600 EAST BOULEVARD AVENUE STE 215, BISMARCK, ND, 585050230
Website
www.foundation.ndus.eduNTEE Category
Code: T70Z - Philanthropy
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