Overview
What is Washburn University Foundation?
The Washburn University Foundation, based at 1729 SW MacVicar Avenue, Topeka, Kansas, 66604, is a nonprofit organization dedicated to supporting Washburn University in various ways. Its primary mission is to promote, develop, and enhance the financial resources for the University. The Foundation holds and manages assets given for the benefit of Washburn University, including providing student aid through scholarships and other forms of support. Additionally, the organization extends its reach to faculty and staff, and major construction projects. The Foundation employs 72 individuals in its mission to strengthen Washburn University.
Official website here: www.wualumni.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Washburn University Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This high score indicates the organization’s commitment to transparency and responsible management of resources, which is crucial for donor trust and engagement.
The foundation excels in multiple areas, including having a fully independent board and robust financial oversight practices. It has demonstrated effective use of funds, with a significant portion allocated to program expenses and an efficient fundraising strategy. With no material diversions of assets reported and well-documented governance policies, the organization showcases a strong commitment to ethical practices.
While the rating paints a positive picture, potential donors should be aware that the score is solely based on accountability and finance metrics. Additional information on program outcomes and community impact may provide a more holistic view of the foundation's effectiveness and areas for improvement.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Washburn University Foundation?
96% of 9 reviewers on Facebook recommend the Washburn University Foundation. Here is a summary of their reviews:
Reviewers express a deep appreciation for the foundation and its impact on the community. Many comments reflect nostalgia, indicating that the foundation has played a meaningful role in their experiences and memories related to Washburn University.
Overall, the sentiments shared suggest that individuals feel a strong connection to the foundation and recognize its contributions, affirming that it effectively supports its mission in a way that resonates positively with those involved.
This AI summary has been generated from reviews found on Facebook.
Is Washburn University Foundation legitimate?
Washburn University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washburn University 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $377,098
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,199,041
For more financial information, click here
Official website here: www.wualumni.org
What is the mission statement of Washburn University Foundation?
The Washburn University Foundation exists to bolster the financial resources of Washburn University, accepting and managing assets meant for the institution's benefit. Its primary role includes providing support for the university, encompassing various aspects such as student scholarships, faculty and staff development, and substantial construction projects.
Official website here: www.wualumni.org
Who is the CEO of Washburn University Foundation?
Marshall B Meek is the President of Washburn University Foundation.
Official website here: www.wualumni.org
What is the revenue of Washburn University Foundation?
Washburn University Foundation's revenue in 2023 was $19,852,314.
Official website here: www.wualumni.org
Who are the executives of Washburn University Foundation and what are their salaries?
The average compensation at Washburn University Foundation during 2023 was $35,780. There are 72 employees and 118 volunteers at Washburn University Foundation.
Here are 32 key members and their salaries:
- Compensation: $277,026
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- Other: $46,988
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- Other: $31,717
- Compensation: $118,605
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- Other: $20,385
- Compensation: $92,372
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Official website here: www.wualumni.org
Where can I find the form 990 for Washburn University Foundation?
Washburn University Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wualumni.org
Learn more at the official website: www.wualumni.org
Mission Statement of Washburn University Foundation
Washburn University Foundation, a charitable organization, exists to boost the financial resources of Washburn University in Topeka. The Foundation serves as a trustee for assets donated for the benefit of the University. Its primary mission is threefold: promoting, developing, and enhancing the University's finances, receiving and safeguarding donated assets, and supporting various aspects of Washburn University.
Specifically, the Foundation plays a vital role in providing assistance for students, primarily through scholarships. It also extends support to faculty and staff members. Furthermore, the Foundation contributes to major construction projects, ensuring the University's infrastructure remains modern and adequate for its growing student body and faculty. By handling these responsibilities, the Washburn University Foundation contributes significantly to the academic and operational excellence of the University.
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Impact
October, 2024
The Washburn University Foundation plays a crucial role in enhancing the educational experience at Washburn University in Topeka, Kansas. By promoting and developing financial resources, it provides vital support across several key areas. The Foundation primarily focuses on student support, offering scholarships that alleviate the financial burden on students and broaden access to higher education. Additionally, it supports faculty and staff initiatives, ensuring that educators have the resources they need to excel in their roles.
Moreover, the Foundation contributes to major construction projects that enhance the campus infrastructure, creating modern environments for learning and collaboration. Through its efforts to receive and manage assets in benefit of the University, the Foundation significantly impacts the overall growth and success of Washburn University, fostering a vibrant educational community.
This information is meant to be a general summary of Washburn University 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 2023.
- Investment Income: $3,572,959
- Gross Receipts: $45,061,531
Assets and Liabilities:
- Total Assets: $218,762,301
- Total Liabilities: $39,186,301
- Net Assets: $179,576,000
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Organization Details
Founding Year
1865
Phone
(785) 670-4483Principal Officer
Marshall B Meek
Main Address
1729 SW MACVICAR AVENUE, TOPEKA, KS, 66604
Website
www.wualumni.orgNTEE Category
Code: B110 - Education
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