Overview
What is Florida Polytechnic University Foundation Inc?
Florida Polytechnic University Foundation Inc, situated in Lakeland, Florida, serves as a vital supporter of Florida Polytechnic University. Established with the mission to sustain the university's mission, the foundation has been providing scholarship aid to the institution since its inaugural class in 2014-2015. The foundation's primary role is to foster an innovative, technology-rich, and interdisciplinary learning environment that emphasizes Science, Technology, Engineering, and Mathematics (STEM) education. By doing so, the Florida Polytechnic University Foundation Inc contributes to the university's objective of nurturing and educating future STEM professionals.
Official website here: www.floridapolytechnic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 91% - Four-Star out of Four Star rating
Florida Polytechnic University Foundation Inc has achieved a Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization boasts a high percentage of independent board members and has successfully maintained transparency in its financial operations. With no reported material diversion of assets, the foundation demonstrates a robust financial standing and effective governance.
The foundation excels in several areas, including its program expense ratio, which indicates that a significant portion of its funds is directed toward programs that benefit its mission. Additionally, its fundraising efficiency is impressive, highlighting its ability to raise funds with minimal expenses. However, it is worth noting that the foundation lacks a whistleblower policy and a document retention and destruction policy, which are areas that could be improved.
Overall, the Florida Polytechnic University Foundation Inc showcases a strong performance in financial management and governance. Despite some limitations in policy documentation, its strengths in independent oversight and operational efficiency position it as a reliable nonprofit committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Florida Polytechnic University Foundation Inc?
96% of 339 reviewers on Facebook recommend the Florida Polytechnic University Foundation Inc. Here is a summary of their reviews: The overwhelming sentiment towards the foundation is positive, with many praising the educational opportunities and resources provided. Reviewers highlight the supportive community and various programs that contribute to an enriching academic experience.
Although one review expressed dissatisfaction, the vast majority appreciate the commitment of the foundation to foster learning and development among students. Many feel that the foundation genuinely supports academic excellence and growth, making it a valuable asset to the educational landscape. Overall, the foundation appears to deliver effectively on its mission.
This AI summary has been generated from reviews found on Facebook.
Is Florida Polytechnic University Foundation Inc legitimate?
Florida Polytechnic University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Polytechnic University 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.floridapolytechnic.org
What is the mission statement of Florida Polytechnic University Foundation Inc?
The Florida Polytechnic University Foundation Inc was established with the purpose of supporting the mission of Florida Polytechnic University. This mission involves educating students in the fields of Science, Technology, Engineering, and Mathematics (STEM) in an innovative, technology-rich, and interdisciplinary learning environment. Since its inaugural class in 2014-2015, the foundation has provided scholarship support to the university. Its primary role is to foster and sustain the university's mission.
Official website here: www.floridapolytechnic.org
Who is the CEO of Florida Polytechnic University Foundation Inc?
Kathy Bowman is the President of Florida Polytechnic University Foundation Inc. The CEO's salary of Florida Polytechnic University Foundation Inc is $0 and their total compensation is $233,325.
Official website here: www.floridapolytechnic.org
What is the revenue of Florida Polytechnic University Foundation Inc?
Florida Polytechnic University Foundation Inc's revenue in 2022 was $3,454,708.
Official website here: www.floridapolytechnic.org
Who are the executives of Florida Polytechnic University Foundation Inc and what are their salaries?
There 20 volunteers at Florida Polytechnic University Foundation Inc.
Here are 22 key members and their salaries (Florida Polytechnic University Foundation Inc's CEO's salary is $0 and their total compensation is $233,325):
- Compensation: $0
- Related: $585,284
- Other: $48,932
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- Other: $39,702
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Official website here: www.floridapolytechnic.org
Where can I find the form 990 for Florida Polytechnic University Foundation Inc?
Florida Polytechnic University Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.floridapolytechnic.org
Learn more at the official website: www.floridapolytechnic.org
Mission Statement of Florida Polytechnic University Foundation Inc
The Florida Polytechnic University Foundation Inc is established with a mission to aid in the sustainability of Florida Polytechnic University. This mission is centered around educating students, with a focus on Science, Technology, Engineering, and Mathematics (STEM), in an innovative, technology-rich, and interdisciplinary learning environment. The foundation fosters this mission by providing scholarship support to the university annually, starting from its inaugural class in the academic year 14-15. By doing so, the Florida Polytechnic University Foundation Inc plays a crucial role in nurturing the next generation of STEM leaders, contributing to the university's overall growth and development.
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Impact
July, 2024
Florida Polytechnic University Foundation Inc's impact is significant in supporting the mission of Florida Polytechnic University to educate students in the fields of science, technology, engineering, and mathematics (STEM) in an innovative and interdisciplinary learning environment. The foundation plays a crucial role in providing scholarship support to the university every year since its inaugural class in 2014-2015. By fostering the mission of the university, the foundation contributes to the development of future STEM leaders and professionals, ultimately helping to advance technological innovation and education in the state of Florida.
This information is meant to be a general summary of Florida Polytechnic University 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 2022.
- Investment Income: $451,310
- Gross Receipts: $6,673,743
Assets and Liabilities:
- Total Assets: $9,127,094
- Total Liabilities: $2,782,144
- Net Assets: $6,344,950
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Organization Details
Founding Year
2012
Phone
(863) 874-8416Principal Officer
Kathy Bowman
Main Address
4700 RESEARCH WAY, LAKELAND, FL, 33805
Website
www.floridapolytechnic.orgNTEE Category
Code: B11 - Education
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