Overview
What is The University Of Virginia Mcintire School Of Commerce Foundation?
The University of Virginia Mcintire School of Commerce Foundation is a nonprofit organization based in Charlottesville, Virginia. Its mission is to support and strengthen the Mcintire School of Commerce at the University of Virginia by funding various initiatives. These initiatives include seven Centers of Excellence, which fortify the school's curriculum, nurture students into creative and responsible business professionals, and provide opportunities for student engagement. The Centers offer innovative research projects, support forums, ongoing lecture series, and opportunities for students to participate in student investment clubs and contemplative sciences. The Foundation also provides executive education programs to further enhance the Mcintire School of Commerce's standing. Overall, the University of Virginia Mcintire School of Commerce Foundation plays a crucial role in bolstering the academic and professional development of students and faculty at the Mcintire School of Commerce.
Official website here: www.commerce.virginia
What are the reviews and ratings of this charity?
Charity Navigator rating: 95%, Four-Star out of Four Star rating.
The University of Virginia McIntire School of Commerce Foundation has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. With a score of 95%, the organization demonstrates excellent financial management practices, showcasing a well-structured independent board and effective oversight mechanisms. The foundation has achieved full scores in several key areas, indicating a robust governance framework that prioritizes transparency and ethical conduct.
The foundation's fiscal health is commendable, with a low liabilities-to-assets ratio of 0.10% and a program expense ratio of 82.93%, which highlights its dedication to funding its programs effectively. Additionally, the fundraising efficiency ratio of $0.08 indicates that the organization is capable of generating fundraising revenue with minimal costs, ensuring that the majority of contributions are directed toward its mission.
However, while the financial metrics are strong, it is important for potential donors and supporters to consider the overall impact of the foundation's programs and initiatives. While the ratings emphasize fiscal responsibility and governance, additional information on program outcomes and community impact could provide a more comprehensive view of the foundation's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is The University Of Virginia Mcintire School Of Commerce Foundation legitimate?
The University Of Virginia Mcintire School Of Commerce Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The University Of Virginia Mcintire School Of Commerce 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: $165,782
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,603,476
For more financial information, click here
Official website here: www.commerce.virginia
What is the mission statement of The University Of Virginia Mcintire School Of Commerce Foundation?
The University of Virginia Mcintire School of Commerce Foundation aims to support and advance the objectives of the Mcintire School of Commerce. It does so by raising funds, delivering executive education programs, and backing the school's seven Centers of Excellence. These centers play a pivotal role in enhancing the Mcintire School's curriculum, fostering students and faculty, and fostering ambitious, innovative research initiatives. The foundation also encourages students to engage in contemplative sciences, join student investment clubs, and hone their skills in team creation, management, and leadership.
Official website here: www.commerce.virginia
What is the revenue of The University Of Virginia Mcintire School Of Commerce Foundation?
The University Of Virginia Mcintire School Of Commerce Foundation's revenue in 2024 was $39,585,259.
Official website here: www.commerce.virginia
Who are the executives of The University Of Virginia Mcintire School Of Commerce Foundation and what are their salaries?
The average compensation at The University Of Virginia Mcintire School Of Commerce Foundation during 2024 was $102,565. There are 27 employees and 345 volunteers at The University Of Virginia Mcintire School Of Commerce Foundation.
Here are 42 key members and their salaries:
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Official website here: www.commerce.virginia
Where can I find the form 990 for The University Of Virginia Mcintire School Of Commerce Foundation?
The University Of Virginia Mcintire School Of Commerce Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.commerce.virginia
Learn more at the official website: www.commerce.virginia
Mission Statement of The University Of Virginia Mcintire School Of Commerce Foundation
The University of Virginia Mcintire School of Commerce Foundation plays a pivotal role in advancing the objectives and aspirations of the Mcintire School of Commerce at the University of Virginia. This foundation accomplishes this mission through several means, including fundraising, executive education programs, and supporting the school's seven Centers of Excellence.
These Centers of Excellence significantly strengthen the Mcintire School's curriculum, provide resources for students and faculty, and offer innovative research projects. They also host forums, ongoing lecture series, and enhance the school's capacity to foster students into imaginative, intuitive, and responsible business professionals. Furthermore, the foundation grants opportunities for Mcintire School students to engage in contemplative sciences, participate in student investment clubs, and improve their skills in building, managing, and leading effective teams.
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Impact
October, 2024
The University of Virginia McIntire School of Commerce Foundation significantly enhances the academic and professional landscape of the McIntire School of Commerce through various initiatives. By establishing seven "Centers of Excellence," the foundation strengthens the curriculum, facilitates innovative research projects, and supports forums and ongoing lecture series that enrich the educational experience for both students and faculty.
These Centers of Excellence play a vital role in nurturing students into creative, intuitive, and responsible business professionals, ensuring they are well-equipped for the challenges of the modern workforce. The foundation also provides students with unique opportunities to engage in contemplative sciences and participate in student investment clubs, fostering a culture of collaboration and leadership.
Through its focus on executive education programs and fundraising efforts, the foundation enhances the school’s ability to prepare high-performing teams, ultimately contributing to the development of future leaders in the business world. This multifaceted approach not only elevates the educational experience at McIntire but also reinforces the school's commitment to excellence in business education.
This information is meant to be a general summary of The University Of Virginia Mcintire School Of Commerce 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 2024.
- Investment Income: $725,951
- Program Service Revenue: $49,217
- Gross Receipts: $42,562,707
Assets and Liabilities:
- Total Assets: $162,965,294
- Total Liabilities: $170,094
- Net Assets: $162,795,200
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE FEES
Revenue
$49,217
Organization Details
Founding Year
1975
Principal Officer
Catherine M Whittier
Website
www.commerce.virginiaNTEE Category
Code: B51Z - Education
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