Overview
What is Concordia Foundation Nebraska?
Concordia Foundation Nebraska, located in Seward, Nebraska, serves as the primary strategic and financial partner of Concordia University in Nebraska. The foundation's mission is to provide the university with the necessary resources for academic and personal growth. In the past year, they have supported Concordia University by funding scholarships for 1,428 students, purchasing library books, and granting faculty support. Additionally, the foundation contributes to the visual arts program. Its ultimate goal is to enable Concordia University to achieve its vision and provide opportunities for students who are academically qualified and personally dedicated to a life of servant leadership.
Official website here: www.cune.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88% (Three-Star out of Four Star rating)
Concordia Foundation Nebraska has received a solid Three-Star rating due to its impressive accountability and finance score of 88%. This rating reflects a strong commitment to transparency and responsible financial practices, with a high percentage of independent board members and thorough auditing of financial statements. The foundation has demonstrated effective management of resources, with a program expense ratio of over 88%, indicating that a large portion of funds is directed towards its mission.
The organization excels in several key governance areas, including having an independent board of adequate size and maintaining essential policies for conflict of interest and document retention. However, it's important to note a couple of areas for improvement: the foundation lacks a whistleblower policy, which could enhance its accountability measures, as well as a detailed documentation of board meeting minutes.
Overall, while Concordia Foundation Nebraska shows strong performance in financial accountability and governance, the absence of specific policies does highlight areas that may benefit from further development to ensure comprehensive oversight and transparency.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Concordia Foundation Nebraska?
92% of 74 reviewers on Facebook recommend Concordia Foundation Nebraska. Here's a summary of their reviews:
The majority of users express a strong appreciation for the organization, highlighting the quality of education and the supportive community surrounding it. Many comments reflect positive experiences with the staff and fellow students, noting that the environment is welcoming and inclusive.
Overall, it seems that Concordia Foundation Nebraska successfully meets the expectations of its supporters, who are enthusiastic about the impact it has on their educational journeys and personal growth. The high recommendation rate indicates a solid reputation among its community members.
This AI summary has been generated from reviews found on Facebook.
Is Concordia Foundation Nebraska legitimate?
Concordia Foundation Nebraska is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concordia Foundation Nebraska 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:
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For more financial information, click here
Official website here: www.cune.edu
What is the mission statement of Concordia Foundation Nebraska?
The Concordia Foundation Nebraska serves as the primary strategic and financial partner for Concordia University. Its mission is geared towards providing the university with the necessary freedom to accomplish its vision for the present and future. By doing so, the foundation allows each academically qualified and motivated student to pursue a life of servant leadership at Concordia University.
Official website here: www.cune.edu
What is the revenue of Concordia Foundation Nebraska?
Concordia Foundation Nebraska's revenue in 2023 was $1,301,316.
Official website here: www.cune.edu
Who are the executives of Concordia Foundation Nebraska and what are their salaries?
There 34 volunteers at Concordia Foundation Nebraska.
Here are 38 key members and their salaries:
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Official website here: www.cune.edu
Where can I find the form 990 for Concordia Foundation Nebraska?
Concordia Foundation Nebraska's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cune.edu
Learn more at the official website: www.cune.edu
Mission Statement of Concordia Foundation Nebraska
Concordia Foundation Nebraska serves as the primary strategic and financial partner for Concordia University. In this capacity, the foundation aims to grant the university the necessary freedom to achieve its vision for the present and future. Concordia Foundation Nebraska's ultimate goal is to provide every academically qualified and personally motivated student with the opportunity to prepare for a life of servant leadership at Concordia University. The mission of Concordia Foundation Nebraska is not just limited to financial support but also extends to ensuring the university can thrive and make a difference in students' lives. By acting as a vital partner, the foundation enables Concordia University to continue its mission of education and the development of servant leaders.
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Impact
October, 2024
Concordia Foundation Nebraska significantly enhances the educational landscape at Concordia University, Nebraska, by acting as a vital strategic and financial partner. It facilitates access to education for students by providing substantial support in various areas, including scholarships for 1,428 students, which directly empowers individuals to pursue their academic dreams.
Additionally, the foundation contributes to the university's resources by funding library books, supporting faculty development, and promoting visual arts initiatives. This investment not only enriches the academic experience but also strengthens the overall mission of the university to develop future servant leaders. By ensuring that students who qualify academically and have a personal desire to learn can do so, Concordia Foundation Nebraska plays a crucial role in sustaining and advancing the university's vision both now and for years to come.
This information is meant to be a general summary of Concordia Foundation Nebraska. 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.
- Investment Income: $750,886
- Gross Receipts: $1,301,316
Assets and Liabilities:
- Total Assets: $16,239,040
- Total Liabilities: $250
- Net Assets: $16,238,790
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Organization Details
Founding Year
1959
Principal Officer
Bernard Bull
Website
www.cune.eduNTEE Category
Code: B42I - Education
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