Overview
What is Wichita State University Foundation?
The Wichita State University Foundation is a nonprofit organization headquartered at Fairmount Campus, Wichita, Kansas. Its primary mission is to raise funds for Wichita State University and manage donor contributions, investments, and disbursements. By cultivating private support from individuals, corporations, and foundations, the foundation advances the university's mission and ensures donor anonymity. The organization values building and nurturing relationships with both internal and external stakeholders, benefiting the university, the local community, and the state of Kansas. With a workforce of 92 employees, the Wichita State University Foundation plays a vital role in securing essential resources for the university and its programs.
Official website here: www.foundation.wichita.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
The Wichita State University Foundation has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting a perfect score of 100% based on its Accountability & Finance metrics. This rating indicates a high level of financial health and transparency, which is essential for building trust with donors and stakeholders.
The foundation boasts a strong governance structure, with a fully independent board consisting of 18 members. Their commitment to ethical practices is evident through established policies such as conflict of interest and whistleblower protections. Additionally, the organization has demonstrated excellent financial management, with an impressive program expense ratio of 82.25% and a low fundraising efficiency ratio of $0.15, indicating effective use of funds to support its mission.
While the rating highlights many strengths, continuous monitoring and engagement with community feedback will be essential for the foundation to maintain its high standards and address any potential areas for improvement in the future. Overall, the Wichita State University Foundation showcases a model of accountability and financial responsibility in its operations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Wichita State University Foundation?
92% of 16 reviewers on Facebook recommend the Wichita State University Foundation. Here is a summary of their reviews:
Overall, the sentiment is largely positive, with many supporters appreciating the mission and contributions of the foundation to the university. It appears that the foundation's efforts in fundraising and supporting students have resonated well with most individuals. However, there are some concerns raised regarding the representation of indigenous populations, as noted by one reviewer who feels that certain historical figures are celebrated inappropriately.
While the majority of comments express satisfaction with the foundation's initiatives and its impact on the community, the occasional criticism highlights the need for a more inclusive approach to historical narratives and community representation.
This AI summary has been generated from reviews found on Facebook.
Is Wichita State University Foundation legitimate?
Wichita State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wichita State 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: $644,991
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,872,740
For more financial information, click here
Official website here: www.foundation.wichita.edu
What is the mission statement of Wichita State University Foundation?
The Wichita State University Foundation serves as the private fundraising organization for the university, aiming to advance its mission by securing donations from individuals, corporations, and foundations. The foundation's activities focus on building and nurturing relationships with various constituencies to support the university's programs and vision. Its status as a private entity ensures donor anonymity and allows for flexible support of the university's mission. By raising and managing contributions, investments, and distributions, the Wichita State University Foundation plays a vital role in enhancing the university's influence and impact.
Official website here: www.foundation.wichita.edu
Who is the CEO of Wichita State University Foundation?
Elizabeth H King is the President/Ce of Wichita State University Foundation.
Official website here: www.foundation.wichita.edu
What is the revenue of Wichita State University Foundation?
Wichita State University Foundation's revenue in 2023 was $35,816,364.
Official website here: www.foundation.wichita.edu
Who are the executives of Wichita State University Foundation and what are their salaries?
The average compensation at Wichita State University Foundation during 2023 was $49,106. There are 92 employees and 19 volunteers at Wichita State University Foundation.
Here are 22 key members and their salaries:
- Compensation: $425,589
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- Other: $50,098
- Compensation: $210,646
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- Other: $52,887
- Compensation: $189,656
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- Other: $43,970
- Compensation: $187,354
- Related: $0
- Other: $36,182
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Official website here: www.foundation.wichita.edu
Where can I find the form 990 for Wichita State University Foundation?
Wichita State University Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.foundation.wichita.edu
Learn more at the official website: www.foundation.wichita.edu
Mission Statement of Wichita State University Foundation
The Wichita State University Foundation serves as the private fundraising organization of Wichita State University, with a mission to advance the university's mission by identifying, cultivating, and soliciting private support from individuals, corporations, and foundations. This support is crucial in funding the programs and vision of the university. The foundation values the donor's right to anonymity and is able to effectively support the university's mission due to its private status.
Moreover, the Wichita State University Foundation builds and fosters relationships with internal and external constituencies, benefiting the university, the Wichita community, and the state of Kansas mutually. By securing private contributions, the foundation plays a vital role in enhancing the educational experience for students and furthering research initiatives at the university. The foundation's activities ensure that Wichita State University remains competitive and thriving in today's academic landscape.
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Impact
October, 2024
Wichita State University Foundation plays a pivotal role in advancing the university's mission by securing private support through strategic fundraising initiatives. By identifying, cultivating, and soliciting contributions from individuals, corporations, and foundations, the foundation ensures that Wichita State University has the necessary resources to thrive.
The foundation manages contributions and investments and distributes support to the university's programs, fostering educational opportunities for students. A significant aspect of its impact is the awarding of scholarships, which provides financial aid to students, enabling them to pursue their education at Wichita State University in alignment with donor intentions.
Moreover, the foundation builds and nurtures relationships within the community, creating a mutually beneficial ecosystem for the university, Wichita community, and the state of Kansas. This collaborative approach not only enhances the educational landscape but also strengthens support networks that are critical for the success and sustainability of the university's vision and programs.
This information is meant to be a general summary of Wichita State 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: $9,339,823
- Gross Receipts: $45,864,887
Assets and Liabilities:
- Total Assets: $374,335,716
- Total Liabilities: $16,001,941
- Net Assets: $358,333,775
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Organization Details
Founding Year
1965
Phone
(316) 978-3810Principal Officer
Elizabeth H King
Main Address
1845 FAIRMOUNT CAMPUS BOX 2, WICHITA, KS, 672600002
Website
www.foundation.wichita.eduNTEE Category
Code: B43I - Education
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