Overview
What is The Kansas University Endowment Association?
The Kansas University Endowment Association is a Lawrence, Kansas-based nonprofit organization, named KU Endowment. With 209 employees, they focus on partnering with donors to enrich the University of Kansas through philanthropic support. Their activities primarily involve endowing over 200 faculty positions, including the addition of six new funds during the fiscal year. This private funding significantly enhances salaries and offers awards, travel grants, and professional development opportunities. Overall, the Kansas University Endowment Association plays a crucial role in strengthening the teaching and research environment at an internationally renowned research university.
Official website here: www.kuendowment.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)
The Kansas University Endowment Association has achieved an impressive 100% rating on Charity Navigator, reflecting its strong commitment to accountability and financial management. The rating is significant as it indicates complete transparency and effective oversight within the organization. The perfect score in the Accountability & Finance category suggests that the association adheres to high standards of governance, ensuring that donor funds are managed appropriately.
Strengths of the organization include a fully independent board and robust financial oversight mechanisms. With no material diversion of assets and no loans to or from officers, it demonstrates integrity in its financial dealings. Additionally, the association maintains a clear whistleblower policy and conflict of interest policy, which are critical for maintaining trust with donors and stakeholders.
While the feedback is overwhelmingly positive, the association's reliance on a single beacon score may limit the breadth of evaluation. Nonetheless, the high program expense ratio and low fundraising efficiency ratio indicate that most of its resources are directed toward its mission, providing assurance that it effectively utilizes donations for programmatic purposes.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Kansas University Endowment Association?
94% of 13 reviewers on Facebook recommend the Kansas University Endowment Association. Here’s an overview of their thoughts:
Many users express appreciation for the organization’s commitment to supporting the University of Kansas. One reviewer highlighted the hard work the association puts into enhancing the university's offerings, indicating that they believe the endowment truly makes a positive impact.
Overall, the sentiments reflect a strong belief in the mission of the Kansas University Endowment Association to benefit the university community, resonating well with supporters and stakeholders alike.
This AI summary has been generated from reviews found on Facebook.
Is The Kansas University Endowment Association legitimate?
The Kansas University Endowment Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Kansas University Endowment Association 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: $1,751,305
Professional Fundraising Fees: $686,043
Other Salaries and Wages: $11,259,160
For more financial information, click here
Official website here: www.kuendowment.org
What is the mission statement of The Kansas University Endowment Association?
The Kansas University Endowment Association works hand in hand with donors to provide philanthropic support for the University of Kansas. Their mission is to enhance the university by means of endowments. Through this partnership, over 200 named, endowed positions have been established, which includes the funding of six new faculty support funds this fiscal year. This financial assistance not only boosts faculty salaries but also covers awards, professional travel, and development opportunities. Such support contributes significantly to the dynamic teaching and research environment that characterizes an esteemed international research university.
Official website here: www.kuendowment.org
Who is the CEO of The Kansas University Endowment Association?
Unavailable
Official website here: www.kuendowment.org
What is the revenue of The Kansas University Endowment Association?
The Kansas University Endowment Association's revenue in 2022 was $404,903,174.
Official website here: www.kuendowment.org
Who are the executives of The Kansas University Endowment Association and what are their salaries?
The average compensation at The Kansas University Endowment Association during 2022 was $62,251. There are 209 employees and 71 volunteers at The Kansas University Endowment Association.
Here are 22 key members and their salaries:
- Compensation: $295,423
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- Other: $88,176
- Compensation: $526,257
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- Other: $134,909
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- Other: $0
- Compensation: $341,158
- Related: $0
- Other: $45,243
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- Compensation: $213,516
- Related: $0
- Other: $33,086
- Compensation: $251,069
- Related: $0
- Other: $70,185
- Compensation: $212,850
- Related: $0
- Other: $67,212
- Compensation: $186,704
- Related: $0
- Other: $59,009
- Compensation: $190,892
- Related: $0
- Other: $42,196
- Compensation: $182,749
- Related: $0
- Other: $63,973
Official website here: www.kuendowment.org
Where can I find the form 990 for The Kansas University Endowment Association?
The Kansas University Endowment Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kuendowment.org
Learn more at the official website: www.kuendowment.org
Mission Statement of The Kansas University Endowment Association
The Kansas University Endowment Association, KU Endowment for short, plays a pivotal role in the University of Kansas community by securing philanthropic support. Its mission is to collaborate with donors, fostering a stronger educational institution through funding.
KU Endowment's impact is felt in various ways, one of which is through faculty support. By endowing over 200 named positions, the organization ensures that faculty members receive the resources they need. This assistance extends beyond salary supplements, as it covers awards, professional travel, and development opportunities. These benefits contribute significantly to creating a rich learning and research environment at the University of Kansas that is expected from a renowned international research university.
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Impact
October, 2024
The Kansas University Endowment Association plays a crucial role in enhancing the educational landscape at the University of Kansas. By providing significant financial support through private donations, the organization helps to cultivate a vibrant teaching and research environment that is essential for an international research university.
One of the key impacts of the Endowment Association is its support for faculty. With over 200 named, endowed positions, including six new funds established in the current fiscal year, the association helps attract and retain top-tier educators and researchers. This funding not only augments salaries but also supports essential professional development, awards, and travel opportunities for faculty members.
In partnering with donors, the Kansas University Endowment Association fosters a culture of philanthropy that strengthens the university’s capabilities and outreach. Through its initiatives, the association contributes to the academic excellence and overall success of the University of Kansas, making a lasting impact on students, faculty, and the broader community.
This information is meant to be a general summary of The Kansas University Endowment Association. 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: $136,512,784
- Program Service Revenue: $1,811,565
- Gross Receipts: $833,849,337
Assets and Liabilities:
- Total Assets: $2,766,269,381
- Total Liabilities: $133,707,218
- Net Assets: $2,632,562,163
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loan Interest
Revenue
$1,006,979
Apartment Rentals
Revenue
$473,718
Building Lease
Revenue
$249,714
Other Real Estate Income
Revenue
$81,154
Organization Details
Founding Year
1891
Phone
(785) 832-7400Main Address
PO Box 928, Lawrence, KS, 660440928
Website
www.kuendowment.orgNTEE Category
Code: B110 - Education
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