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Salisbury University Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521127396 ✦ Salisbury, MD ✦ Designated as a 501(c)(3)

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Overview

What is Salisbury University Foundation Inc?

The Salisbury University Foundation Inc is a nonprofit organization, situated in the context of Salisbury University. Its primary mission is to augment and enhance the university's activities, educational programs, athletics, and scholarship opportunities. Specifically, it supports athletics and campus recreation, while also endowing colleges and schools within the university. In essence, the Salisbury University Foundation's role is to bolster the overall educational experience and opportunities for its affiliated institution.


Official website here: www.salisbury.edu/foundation

What are the reviews and ratings of this charity?

**Rating:** 100% (Four-Star out of Four Star rating from Charity Navigator)

The Salisbury University Foundation Inc has achieved an impressive Four-Star rating, indicating exceptional performance in accountability and finance. This rating signifies that the foundation is managed with high transparency and adheres to strong fiscal practices, making it a reliable choice for donors. The organization boasts a significant level of independence, as its board members are entirely independent, reinforcing its commitment to good governance.

Strengths highlighted in the rating include exemplary practices in financial oversight, with no material diversions of assets noted and a strong program expense ratio of nearly 77%. These factors suggest that a substantial portion of the foundation's resources is allocated directly to fulfilling its mission. Furthermore, the foundation exhibits strong fundraising efficiency and remarkable working capital, indicating financial health and sustainability.

Unfortunately, user reviews from GreatNonprofits could not be retrieved, leaving an incomplete picture of community sentiment. However, based on the comprehensive financial review, potential donors can feel confident in the foundation's operational integrity and commitment to effective mission-related activities.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Salisbury University Foundation Inc?

84% of 518 reviewers on Facebook recommend this nonprofit. Here's a summary of the comments received:

The sentiment appears to be mixed, with some individuals expressing concerns about safety issues, particularly regarding racial incidents that have impacted minority students at Salisbury University. These troubling experiences indicate a need for the nonprofit to enhance its focus on creating a more inclusive and safe environment for all students.

While a majority still support the foundation's mission, the serious nature of the safety concerns emphasizes the importance of addressing these issues in order to foster a better community. Overall, while many stand by the organization, significant improvements regarding safety and inclusivity are necessary to gain wider approval among all users.


This AI summary has been generated from reviews found on Facebook.

Is Salisbury University Foundation Inc legitimate?

Salisbury University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salisbury University Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $908,239

For more financial information, click here


Official website here: www.salisbury.edu/foundation

What is the mission statement of Salisbury University Foundation Inc?

The Salisbury University Foundation Inc's mission is centered around enriching the activities, educational programs, athletics, and scholarships at Salisbury University. Their primary purpose is to enhance the overall educational experience by fostering athletics and campus recreation programs and supporting endowed colleges and schools. The foundation plays a significant role in enhancing the university's offerings, contributing to a comprehensive and enriching learning environment for its students.


Official website here: www.salisbury.edu/foundation

Who is the CEO of Salisbury University Foundation Inc?

Jason Curtin is the Director of Salisbury University Foundation Inc.


Official website here: www.salisbury.edu/foundation

What is the revenue of Salisbury University Foundation Inc?

Salisbury University Foundation Inc's revenue in 2023 was $7,805,094.


Official website here: www.salisbury.edu/foundation

Who are the executives of Salisbury University Foundation Inc and what are their salaries?

There 40 volunteers at Salisbury University Foundation Inc.


Here are 30 key members and their salaries:


Dr Peter Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Bounds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Crossan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mark Bowen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Curtin (Executive Director)
  • Compensation: $0
  • Related: $219,951
  • Other: $48,409
Pete Buzy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Desjardins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Robert Clarke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Garigliano (Immediate Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Simona Eng (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Givens Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Howard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwight Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonya Whited (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Dorrego (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Rommel (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Mcgann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Stern (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Julius D Zant (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimmerly Messick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis Vinyard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julius M Jones Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Michael Scarborough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn L Adkins-Harcum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruby Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David J Harkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Mclauchlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole D Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.salisbury.edu/foundation

Where can I find the form 990 for Salisbury University Foundation Inc?

Salisbury University Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.salisbury.edu/foundation

Learn more at the official website: www.salisbury.edu/foundation

Mission Statement of Salisbury University Foundation Inc

The Salisbury University Foundation, a renowned organization, is committed to enhancing the activities, educational programs, athletics, and scholarships at Salisbury University. Their primary purpose is to enrich these aspects of the university, aiming to provide a well-rounded and enriching experience for its students. The foundation actively supports campus recreation programs and endowed colleges and schools, ensuring a comprehensive and diverse educational environment. By fostering these areas, the Salisbury University Foundation contributes significantly to the overall development and success of the institution and its students.

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Impact




July, 2024

Salisbury University Foundation Inc plays a significant role in enriching the activities, educational programs, athletics, and scholarships of Salisbury University. They support endowed colleges and schools, foster athletics and campus recreation programs, and provide scholarships to students. Through their mission, they contribute to the overall growth and success of Salisbury University, ensuring that students have access to quality education and extracurricular opportunities. Their impact can be seen in the enhanced educational experiences and opportunities available to the university community.




This information is meant to be a general summary of Salisbury University Foundation Inc. 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.

Revenue
$7,805,094 (2023)
Expenses
$5,378,594 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,765,082
  • Program Service Revenue: $259,957
  • Gross Receipts: $10,558,737

Assets and Liabilities:

  • Total Assets: $110,537,610
  • Total Liabilities: $2,412,659
  • Net Assets: $108,124,951

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EVENT REGISTRATIONS

Revenue

$122,641

ALL OTHER PROGRAM SERVICE REVENU

Revenue

$85,751

MEMBERSHIP INCOME

Revenue

$51,565

Organization Details

Founding Year

1973

Principal Officer

Jason Curtin

Main Address

PO BOX 2655, SALISBURY, MD, 21802

NTEE Category

Code: B110 - Education

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