Overview
What is University Of Vermont And State Agricultural College Foundation Inc?
University of Vermont and State Agricultural College Foundation Inc, located at 411 Main Street, Burlington, VT 05401, serves as a vital nonprofit organization dedicated to raising and managing funds for scholarships, professorships, and facilities, among other support functions, to benefit the University of Vermont and State Agricultural College. The foundation's primary mission is to secure private financial assistance to enhance the educational experience and research capabilities of these institutions. With a team of 83 employees, the foundation plays a crucial role in carrying out charitable, scientific, educational, or other exempt purposes.
Official website here: www.uvmfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
The University Of Vermont And State Agricultural College Foundation Inc has received a stellar Four-Star rating from Charity Navigator, indicating exemplary performance particularly in accountability and finance. The organization boasts a 99% score in accountability and finance, highlighting its commitment to transparency and effective financial management.
Strengths of the foundation include a fully independent board and well-structured policies, which contribute to strong governance. It has no reported material diversion of assets and maintains robust financial oversight with complete documentation of board activities and financials. The organization excels in program expense ratio and fundraising efficiency, demonstrating effective use of resources in fulfilling its mission.
While the ratings reflect a strong financial standing, the foundation's program expense ratio could potentially be improved to further enhance its outreach and impact. Nevertheless, the overall assessment illustrates a highly accountable nonprofit dedicated to serving its community effectively.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Vermont And State Agricultural College Foundation Inc legitimate?
University Of Vermont And State Agricultural College Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Vermont And State Agricultural College 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $2,095,283
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,306,191
For more financial information, click here
Official website here: www.uvmfoundation.org
What is the mission statement of University Of Vermont And State Agricultural College Foundation Inc?
The University of Vermont and State Agricultural College Foundation's primary objective is to procure and manage private funds for the advantage of the University of Vermont. The foundation plays a crucial role in raising, receiving, and overseeing donations for scholarships, professorships, facilities, and other support for the university's charitable, scientific, educational, or other exempt purposes. By performing these functions, the foundation contributes significantly to enhancing the University of Vermont's capabilities and resources.
Official website here: www.uvmfoundation.org
What is the revenue of University Of Vermont And State Agricultural College Foundation Inc?
University Of Vermont And State Agricultural College Foundation Inc's revenue in 2024 was $62,368,853.
Official website here: www.uvmfoundation.org
Who are the executives of University Of Vermont And State Agricultural College Foundation Inc and what are their salaries?
The average compensation at University Of Vermont And State Agricultural College Foundation Inc during 2024 was $95,933. There are 98 employees and 6373 volunteers at University Of Vermont And State Agricultural College Foundation Inc.
Here are 39 key members and their salaries:
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- Compensation: $314,623
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- Other: $51,142
- Compensation: $246,528
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- Other: $47,704
- Compensation: $173,802
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- Other: $29,221
- Compensation: $160,119
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- Compensation: $283,917
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- Other: $48,071
- Compensation: $177,625
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- Compensation: $180,802
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- Compensation: $170,218
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- Other: $40,873
- Compensation: $131,281
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- Other: $36,955
- Compensation: $130,100
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- Other: $16,505
Official website here: www.uvmfoundation.org
Where can I find the form 990 for University Of Vermont And State Agricultural College Foundation Inc?
University Of Vermont And State Agricultural College Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.uvmfoundation.org
Learn more at the official website: www.uvmfoundation.org
Mission Statement of University Of Vermont And State Agricultural College Foundation Inc
University of Vermont and State Agricultural College Foundation, also known as UVM Foundation, is a charitable organization dedicated to securing and managing private support for the advantage of the University of Vermont and the State Agricultural College. The foundation executes its mission by raising, receiving, and overseeing funds for scholarships, professorships, facilities, and other initiatives that benefit the universities. The primary goal of UVM Foundation is to carry out its charitable, scientific, educational, or other exempt purposes, all in support of the universities. Through its efforts, the foundation plays a vital role in enhancing the educational experience and research capabilities of the institutions.
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Impact
October, 2024
The University of Vermont and State Agricultural College Foundation Inc significantly enhances the university's capacity to provide quality education and support to its students and faculty. By securing and managing private donations, the foundation plays a crucial role in funding scholarships, which make higher education accessible to a diverse range of students. This financial aid can alleviate the burden of student debt and enable more individuals to pursue their academic goals.
Additionally, the foundation's efforts in raising funds for professorships contribute to attracting and retaining top-tier faculty, ensuring that students receive a high-quality education from experienced educators. By investing in facilities and resources, the foundation supports the university in maintaining and advancing its infrastructure, which is essential for fostering a conducive learning environment.
Overall, the foundation's work directly impacts the educational landscape at the University of Vermont, promoting academic excellence and enriching the student experience through enhanced opportunities and resources.
This information is meant to be a general summary of University Of Vermont And State Agricultural College 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 2024.
- Investment Income: $14,529,732
- Program Service Revenue: $12,514,074
- Gross Receipts: $74,035,815
Assets and Liabilities:
- Total Assets: $328,673,195
- Total Liabilities: $17,137,487
- Net Assets: $311,535,708
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE AGREEMENT - UNI SUPPORT
Revenue
$12,464,604
ALUMNI ACTIVITIES
Revenue
$49,470
Organization Details
Founding Year
2011
Principal Officer
Monica Delisa
Website
www.uvmfoundation.orgNTEE Category
Code: B114 - Education
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