Overview
What is University Of Virginia Law School Foundation?
The University of Virginia Law School Foundation is a nonprofit organization based in Charlottesville, Virginia. Its primary mission involves managing and allocating funds for the benefit of the University of Virginia School of Law. The Foundation's activities focus on supporting various aspects of the law school, including professorships, faculty research, student aid, journals, awards, projects, and the graduate program, among others. With a staff of 28 individuals, the Foundation's efforts mainly revolve around fundraising and development to realize its educational and charitable objectives within the scope of the University of Virginia School of Law's charter.
Official website here: www.virginia.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star rating
The University of Virginia Law School Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial management. With a perfect score in various categories, the organization demonstrates transparency and efficiency in its operations, showcasing an impressive commitment to responsible governance.
Strengths of the foundation include a fully independent board of directors and high scores in financial oversight, with no material diversions of assets reported. The foundation also excels in its program expense ratio, spending a significant portion of its budget on its programs, and has a remarkable working capital ratio that indicates long-term financial stability.
While the foundation performs well overall, the ratings highlight its exceptional governance practices and robust financial health. The focus on transparency and accountability ensures that donors can trust the foundation to utilize their contributions effectively.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Virginia Law School Foundation legitimate?
University Of Virginia Law School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Virginia Law School 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: $2,131,925
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,582,417
For more financial information, click here
Official website here: www.virginia.edu
What is the mission statement of University Of Virginia Law School Foundation?
The University of Virginia Law School Foundation is dedicated to supporting the University of Virginia School of Law. Its primary role is to receive, manage, and distribute funds for the benefit of the law school. The foundation focuses on various initiatives to advance the law school, including professorships, faculty research, student financial aid, and awards and activities. Additional expenditures are made for the graduate program, the law library, and other projects deemed to be in the interest of the University of Virginia School of Law. The foundation achieves its exempt purpose through development and fundraising efforts and the investment of funds.
Official website here: www.virginia.edu
Who is the CEO of University Of Virginia Law School Foundation?
Luis Alvarez Jr is the CEO of University Of Virginia Law School Foundation The CEO's salary of University Of Virginia Law School Foundation is $1,064,018 and their total compensation is $1,129,191.
Official website here: www.virginia.edu
What is the revenue of University Of Virginia Law School Foundation?
University Of Virginia Law School Foundation's revenue in 2024 was $52,108,039.
Official website here: www.virginia.edu
Who are the executives of University Of Virginia Law School Foundation and what are their salaries?
The average compensation at University Of Virginia Law School Foundation during 2024 was $147,323. There are 32 employees and 1177 volunteers at University Of Virginia Law School Foundation.
Here are 30 key members and their salaries (University Of Virginia Law School Foundation's CEO's salary is $1,064,018 and their total compensation is $1,129,191):
- Compensation: $1,064,018
- Related: $0
- Other: $65,173
- Compensation: $383,737
- Related: $0
- Other: $54,247
- Compensation: $329,082
- Related: $0
- Other: $58,596
- Compensation: $260,633
- Related: $0
- Other: $56,597
- Compensation: $196,416
- Related: $0
- Other: $45,880
- Compensation: $162,676
- Related: $0
- Other: $44,662
- Compensation: $141,977
- Related: $0
- Other: $19,868
- Compensation: $141,266
- Related: $0
- Other: $38,472
- Compensation: $120,422
- Related: $0
- Other: $35,762
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Official website here: www.virginia.edu
Where can I find the form 990 for University Of Virginia Law School Foundation?
University Of Virginia Law School Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.virginia.edu
Learn more at the official website: www.virginia.edu
Mission Statement of University Of Virginia Law School Foundation
The University of Virginia Law School Foundation is a charitable organization dedicated to supporting the University of Virginia School of Law. Its primary mission is to collect, manage, and distribute funds for the benefit of the law school. The foundation's activities focus on various initiatives that align with the interests and charter of the University of Virginia School of Law.
The University of Virginia Law School Foundation makes expenditures to enhance the academic experience for students and faculty. Professorships and faculty research are essential areas of investment. Student financial aid, student journals, awards, and activities, as well as the graduate program, receive significant attention. Moreover, the foundation supports the law library and other projects that contribute to the overall excellence of the law school.
The foundation's financial support is pivotal to the University of Virginia School of Law's continued success. Through development and fundraising efforts and the investment of funds, it ensures the fulfillment of the law school's mission to provide a world-class legal education and contribute to the legal profession.
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Impact
October, 2024
The University of Virginia Law School Foundation plays a crucial role in enhancing the educational and research capabilities of the UVA School of Law. By receiving, managing, and expending funds, the Foundation supports a variety of vital initiatives. These include funding for professorships, faculty research, and student financial aid, which collectively contribute to academic excellence and support for students in need.
Additionally, the Foundation allocates resources to student journals, awards, and extracurricular activities, enriching the educational experience and fostering a vibrant academic community. The support for the graduate program and the law library ensures that students and faculty have access to the best resources available, promoting rigorous scholarship and innovation within legal education.
The Foundation’s commitment to these initiatives directly impacts the quality of education at the University of Virginia School of Law, helping to prepare the next generation of legal professionals while upholding the school's tradition of excellence and leadership in legal education. Through its development and fundraising efforts, the Foundation's initiatives significantly enhance the institution's mission and contribute to its long-term success.
This information is meant to be a general summary of University Of Virginia Law School 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: $3,740,275
- Program Service Revenue: $337,847
- Gross Receipts: $141,790,892
Assets and Liabilities:
- Total Assets: $789,832,433
- Total Liabilities: $696,380
- Net Assets: $789,136,053
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER AUXILARY REVENUE
Revenue
$278,901
STUDENT ACTIVITIES
Revenue
$58,946
Organization Details
Founding Year
1968
Principal Officer
Jennie A James
Website
www.virginia.eduNTEE Category
Code: B110 - Education
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