Overview
What is Unthsc Foundation?
The Unthsc Foundation is a nonprofit organization situated in Fort Worth, Texas. Its primary mission is to support and enhance scholarly research at the University of North Texas Health Science Center. To achieve this, they establish endowed faculty positions in key research focus areas and finance the innovative research projects conducted by faculty members in various disciplines. Notably, the foundation has funded an endowed chair in Pharmacology and Neuroscience, which has significantly contributed to health disparities research and Alzheimer's and geriatrics research. In essence, the Unthsc Foundation works to advance education by financially supporting the University of North Texas Health Science Center, thereby improving its research, teaching, scholarship, and facilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Unthsc Foundation has received a Three-Star rating from Charity Navigator, reflecting an overall score of 80%, which is based solely on its Accountability & Finance metrics. This score indicates a solid level of transparency and responsible financial management within the organization. The foundation excels in several key areas, including having a fully independent board, a high program expense ratio, and robust financial oversight practices.
Strengths of the Unthsc Foundation include its commitment to having an entirely independent board, demonstrating a strong governance structure. Additionally, the organization has implemented effective policies related to conflict of interest and whistleblower protections, which are crucial for maintaining integrity and accountability. The financial health of the foundation is also noteworthy, as evidenced by a substantial working capital ratio, allowing it to sustain its operations effectively.
However, while the organization shows strengths in financial management, the overall rating is limited to its Accountability & Finance score without a broader evaluation of its programmatic impact or effectiveness. This focus may not provide a complete picture of the foundation's overall performance and outreach.
This AI summary has been generated from information found on Charity Navigator.
Is Unthsc Foundation legitimate?
Unthsc Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Unthsc 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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What is the mission statement of Unthsc Foundation?
The Unthsc Foundation's mission is centered around advancing education by providing financial support to the University of North Texas Health Science Center. This support aims to enhance the institution's research, teaching, scholarship, and facilities. The foundation invests in endowed faculty positions in key research focus areas, boosting scholarly work in various domains. Furthermore, funds are allocated to bolster the innovative research being conducted by faculty members in various fields. Notably, an endowed chair in Pharmacology and Neuroscience has been established by the foundation, which has a significant impact on health disparities research, as well as Alzheimer's and geriatrics research.
Who is the CEO of Unthsc Foundation?
Michael Yeager is the Director of Unthsc Foundation.
What is the revenue of Unthsc Foundation?
Unthsc Foundation's revenue in 2022 was $3,836,787.
Who are the executives of Unthsc Foundation and what are their salaries?
There 20 volunteers at Unthsc Foundation.
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Where can I find the form 990 for Unthsc Foundation?
Unthsc Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Unthsc Foundation
The Unthsc Foundation, a philanthropic organization, is committed to advancing education by providing financial support to the University of North Texas Health Science Center. This support aims to improve the institution's research, teaching, scholarship, and facilities. The mission of Unthsc Foundation is to enhance the center's academic and research capabilities, thereby contributing to the advancement of knowledge and the betterment of society.
To achieve this mission, the Unthsc Foundation allocates funds for research development and enhancement. These funds are utilized to establish endowed faculty positions in key research focus areas, thereby encouraging scholarly research. Additionally, the foundation supports novel research work being conducted by faculty members in various disciplines. One such example is the endowed chair in Pharmacology and Neuroscience, which has significantly boosted research in health disparities, Alzheimer's, and geriatrics.
In essence, the Unthsc Foundation plays a crucial role in fostering academic excellence and research innovation at the University of North Texas Health Science Center. By providing financial support, the foundation enables the center to attract and retain top faculty, invest in cutting-edge research facilities, and foster a culture of scholarship and discovery.
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Impact
July, 2024
The impact of Unthsc Foundation is substantial, as it plays a significant role in advancing education through its financial support of the University of North Texas Health Science Center. The foundation's focus on research development and enhancement is crucial in improving scholarly research efforts by establishing endowed faculty positions in key research focus areas. Additionally, their support enhances the innovative research being conducted by faculty members across various fields. Notably, the foundation funds an endowed chair in pharmacology and neuroscience, which bolsters work in health disparities research as well as Alzheimer's and geriatrics research. By providing essential funding for these purposes, Unthsc Foundation is actively contributing to the advancement of education, research, teaching, and scholarship at the University of North Texas Health Science Center.
This information is meant to be a general summary of Unthsc 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 2022.
- Investment Income: $944,135
- Gross Receipts: $6,731,733
Assets and Liabilities:
- Total Assets: $125,259,729
- Total Liabilities: $100,486,802
- Net Assets: $24,772,927
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Organization Details
Founding Year
2014
Phone
(817) 735-2445Principal Officer
Michael Yeager
Main Address
3500 CAMP BOWIE BLVD 800, FORT WORTH, TX, 761072699
NTEE Category
Code: B11 - Education
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