Overview
What is Grace University?
Grace University is a nonprofit educational institution situated in Omaha, Nebraska. Its primary mission is to foster leaders who can make a positive impact in various spheres of life, including the home, church, and world. This is achieved through delivering high-quality, biblically integrated education in a nurturing, disciplining environment. Despite ceasing operations as of July 1, 2018, a donor-advised fund was established in its place for six designated Christian colleges/universities in the 2020-2021 fiscal year. This fund was facilitated by the National Christian Foundation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (60%, Two-Star out of Four Star rating)
Grace University has received a "Needs Improvement" rating from Charity Navigator, indicating significant areas that require attention. While the organization excels in Accountability & Finance with a perfect score of 100%, it faces challenges regarding board independence and transparency. The lack of independent board members and several missing policies, such as for whistleblower protection and document retention, are critical weaknesses that contribute to its overall rating.
The organization demonstrates a strong commitment to program expenses, with a program expense ratio of 76.56%, reflecting its focus on delivering its services effectively. However, its performance is tempered by the absence of essential documents on its website, including tax forms and a comprehensive conflict of interest policy, which may raise concerns about its operational transparency and governance practices.
Overall, while Grace University shows promise in certain financial aspects, improving governance and accountability measures is necessary to enhance its credibility and trustworthiness in the nonprofit sector. Addressing these issues could pave the way for a more favorable assessment in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Grace University legitimate?
Grace University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grace University 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
What is the mission statement of Grace University?
Grace University's mission is focused on nurturing leaders for various sectors, including the home, church, and the world. This is achieved through their commitment to delivering biblically-integrated education and fostering personal growth in a disciplining environment. The university strives for excellence with the ultimate goal of glorifying God. Although Grace University ceased operations in 2018, a donor-advised fund was established in its place, which was later distributed to six designated Christian colleges and universities.
Who is the CEO of Grace University?
Michael Goding is the Ceo of Grace University. The CEO's salary of Grace University is $28,925 and their total compensation is $28,925.
What is the revenue of Grace University?
Grace University's revenue in 2021 was $14,095.
Who are the executives of Grace University and what are their salaries?
There is 1 key member and their salary:
- Compensation: $28,925
- Related: $0
- Other: $0
Where can I find the form 990 for Grace University?
Grace University's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Grace University
Grace University's mission is centered around developing leaders for various spheres of life, including the home, the church, and the world. This is achieved through an emphasis on biblically-integrated education and fostering personal growth in a disciplining environment. The ultimate goal is to bring glory to God. Despite ceasing operations in 2018, a donor-advised fund was established in its place, distributing funds to a group of six Christian colleges and universities that had been previously designated by Grace University's board of trustees.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Grace University had a significant impact on developing servant leaders for the home, the church, and the world through excellence in biblically-integrated education and personal, discipling environments. Although the university ceased operations in 2018, its mission continues to influence students and communities through a donor-advised fund set up for distribution to a group of Christian colleges and universities. The legacy of Grace University lives on in the lives of those who were touched by its commitment to glorifying God through education and leadership development.
This information is meant to be a general summary of Grace University. 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 2021.
- Investment Income: $2,271
- Gross Receipts: $14,095
Assets and Liabilities:
- Total Assets: $1,715,138
- Total Liabilities: $0
- Net Assets: $1,715,138
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1943
Phone
(402) 676-7617Principal Officer
Michael Goding
Main Address
4309 N 142ND STREET, OMAHA, NE, 681645038
NTEE Category
Code: B42 - Education
If you are a representative of Grace University and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.