National Society Of Professional Engineers Education Foundation

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

EIN: 526056276 ✦ Alexandria, VA ✦ Designated as a 501(c)(3)

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Overview

What is National Society Of Professional Engineers Education Foundation?

The National Society of Professional Engineers Education Foundation is a charitable organization situated in Alexandria, Virginia. Its primary mission is to foster the development of engineering skills through education, ultimately preparing individuals to serve as engineers in the United States and industry. This is achieved by granting scholarships to exceptional undergraduate engineering students pursuing their studies at accredited colleges or universities. As a significant supporter of engineering students, educators, and professionals, the Foundation plays a crucial role in meeting the educational and ethical practice demands within the engineering community. By expanding public understanding and appreciation of engineers, promoting engineering as a rewarding career, and increasing the number of students pursuing engineering, the Foundation works tirelessly to enhance the image and respect for engineers, and advance the quality of engineering professionals.


Official website here: www.nspe.org/resources/educational-foundation

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93% (Four-Star out of Four Star rating)

The National Society of Professional Engineers Education Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. This rating is principally based on a perfect score in accountability and finance, highlighting the organization’s commitment to transparency and responsible financial management.

The foundation boasts a fully independent board with 94% of members being independent, which is a strong indicator of governance quality. Furthermore, it has no material diversion of assets, and maintains essential policies such as conflict of interest and whistleblower protections, contributing to its overall high accountability score.

However, while the program expense ratio is decent at 66.98%, there is room for improvement as it does not fully meet the threshold for a higher score in this category. Overall, the foundation demonstrates robust practices and financial integrity, making it a trustworthy organization for potential donors and supporters.


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

Is National Society Of Professional Engineers Education Foundation legitimate?

National Society Of Professional Engineers Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Society Of Professional Engineers Education 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nspe.org/resources/educational-foundation

What is the mission statement of National Society Of Professional Engineers Education Foundation?

The National Society of Professional Engineers Education Foundation's mission is centered around promoting the role and value of engineers in enhancing the quality of life. It aims to boost public awareness and appreciation of engineers, enhance their image, demonstrate the diverse aspects of engineering, and encourage engineering as a rewarding career. The foundation also works towards increasing the number of students pursuing engineering and improving the quality of engineering professionals.


Official website here: www.nspe.org/resources/educational-foundation

Who is the CEO of National Society Of Professional Engineers Education Foundation?

Monika Schulz is the Secretary/Nspe Executive Director of National Society Of Professional Engineers Education Foundation.


Official website here: www.nspe.org/resources/educational-foundation

What is the revenue of National Society Of Professional Engineers Education Foundation?

National Society Of Professional Engineers Education Foundation's revenue in 2022 was $54,344.


Official website here: www.nspe.org/resources/educational-foundation

Who are the executives of National Society Of Professional Engineers Education Foundation and what are their salaries?

There 16 volunteers at National Society Of Professional Engineers Education Foundation.


Here are 17 key members and their salaries:


Monika Schulz (Secretary/Nspe Executive Director)
  • Compensation: $0
  • Related: $232,212
  • Other: $30,665
Harve Hnatiuk (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Parisi (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Price (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Basta (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikhil Bodhankar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Chandler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Devick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Ho (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chip Hollis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Kohatsu (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Livingston (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marguerite Mcclam (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Nelson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Renzetti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric West (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nadir Yilmaz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nspe.org/resources/educational-foundation

Where can I find the form 990 for National Society Of Professional Engineers Education Foundation?

National Society Of Professional Engineers Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nspe.org/resources/educational-foundation

Learn more at the official website: www.nspe.org/resources/educational-foundation

Mission Statement of National Society Of Professional Engineers Education Foundation

The National Society of Professional Engineers Education Foundation is committed to serving as a significant source of support for the educational and ethical practice requirements of engineering students, teachers, and practicing professionals. Its mission is multifaceted, aiming to:

1. Enhance public awareness, understanding, and appreciation of engineers' roles and value in enhancing the quality of life.

2. Boost the image of engineers and instill respect for their profession.

3. Showcase the diverse aspects of engineering, promoting it as a rewarding and viable career choice.

4. Increase the number of students pursuing an engineering career.

5. Improve the quality of engineering professionals.

By fulfilling these objectives, the National Society of Professional Engineers Education Foundation works tirelessly to advance the field of engineering and inspire future generations to embrace this critical and impactful profession.

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Impact




August, 2024

The National Society Of Professional Engineers Education Foundation is a major source of support for the educational and ethical practice needs of engineering students, engineering teachers, and practicing professionals. One of its impactful initiatives is the scholarship program, which aims to develop the capabilities of individuals through education as engineers for eventual service to the United States and industry. By providing scholarships at the undergraduate level for outstanding engineering students enrolled in accredited colleges or universities, the foundation helps to nurture future engineers and support their educational pursuits. Through such efforts, the foundation contributes to expanding public awareness, understanding, and appreciation of the role and value of engineers in improving the quality of life, enhancing the image and respect for engineers, promoting engineering as a viable and rewarding career, increasing the number of students pursuing engineering careers, and advancing the quality of engineering professionals.




This information is meant to be a general summary of National Society Of Professional Engineers Education 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.

Revenue
$54,344 (2022)
Expenses
$85,091 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,334
  • Gross Receipts: $54,344

Assets and Liabilities:

  • Total Assets: $1,392,280
  • Total Liabilities: $3,722
  • Net Assets: $1,388,558

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Organization Details

Founding Year

1960

Principal Officer

Monika Schulz

Main Address

1420 KING STREET, ALEXANDRIA, VA, 22314

NTEE Category

Code: U03 - Science research

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