Overview
What is University Of Richmond Alumni Assoc?
The University of Richmond Alumni Association, headquartered at the JEPSON Alumni Center in Richmond, Virginia, is a nonprofit organization dedicated to fostering engagement and support for the University of Richmond. They achieve this goal by organizing alumni events, hosting meetings, recognizing outstanding alumni, and distributing newsletters. Additionally, they contribute financially to the university through grants. Overall, their mission is to enhance the university's interests by engaging with its alumni.
Official website here: www.alumni.richmond
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The University of Richmond Alumni Association has achieved a remarkable rating of 97%, reflecting its strong commitment to accountability and financial transparency. This high score is derived entirely from its performance in the Accountability & Finance beacon, indicating that the organization has robust practices and policies in place to manage its resources effectively.
Key strengths of the Alumni Association include a fully independent board comprised of 28 members, ensuring unbiased governance. Additionally, the organization has established comprehensive policies such as conflict of interest and whistleblower protections, all of which contribute to its integrity and operational effectiveness. With a program expense ratio of 76.37%, the majority of its funding is directed towards its programs, underscoring its mission-driven approach.
While the organization excels in various accountability areas, it is essential for stakeholders to continue monitoring its financial health and program impact over time. However, based on current data, the University of Richmond Alumni Association demonstrates a strong commitment to ethical practices and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Richmond Alumni Assoc legitimate?
University Of Richmond Alumni Assoc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Richmond Alumni Assoc 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.
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For more financial information, click here
Official website here: www.alumni.richmond
What is the mission statement of University Of Richmond Alumni Assoc?
The University of Richmond Alumni Association's mission is centered around promoting the interests of the University of Richmond. They achieve this by engaging with alumni through events, meetings, recognition programs, newsletters, and student events. Furthermore, they support the university financially by providing grants. In essence, their primary goal is to foster a strong connection between the alumni and the University of Richmond, while also contributing to its growth and development.
Official website here: www.alumni.richmond
What is the revenue of University Of Richmond Alumni Assoc?
University Of Richmond Alumni Assoc's revenue in 2024 was $176,547.
Official website here: www.alumni.richmond
Who are the executives of University Of Richmond Alumni Assoc and what are their salaries?
There 27 volunteers at University Of Richmond Alumni Assoc.
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Official website here: www.alumni.richmond
Where can I find the form 990 for University Of Richmond Alumni Assoc?
University Of Richmond Alumni Assoc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.alumni.richmond
Learn more at the official website: www.alumni.richmond
Mission Statement of University Of Richmond Alumni Assoc
The University of Richmond Alumni Association, in essence, is dedicated to advancing the interests of the University of Richmond. To accomplish this mission, they engage in various activities. One of their primary objectives is to promote education and fundraising. They achieve this by exposing the university to its alumni through a variety of events, meetings, recognition programs, newsletters, and student events. By doing so, they help to strengthen the connection between the university and its former students.
Moreover, the University of Richmond Alumni Association supports the university financially through grants. This financial assistance plays a crucial role in enhancing the university's capabilities and furthering its mission. The association's activities are not limited to these two aspects. They also contribute to the university's growth and development by providing opportunities for alumni to engage with the university and each other. These engagements help to foster a sense of community and unity among the alumni, thereby strengthening the university's alumni network.
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Impact
October, 2024
The University of Richmond Alumni Association significantly contributes to the vitality and growth of the University of Richmond by fostering a strong connection between current students and alumni. Through various events, meetings, and recognition programs, the Association enhances alumni engagement, encouraging ongoing support that directly impacts educational initiatives and fundraising efforts. By creating opportunities for alumni to reconnect and share their experiences, the Association not only promotes a sense of community but also drives financial contributions that bolster the university's resources.
Additionally, the Association plays a pivotal role in advancing the interests of the University by facilitating informative newsletters and student-focused events that highlight opportunities for collaboration and mentorship. By recognizing the achievements of alumni and showcasing their contributions, the Association strengthens the university's reputation and encourages a culture of giving back. This multifaceted approach ensures that the University of Richmond continues to thrive, supporting both its current students and the broader educational mission.
This information is meant to be a general summary of University Of Richmond Alumni Assoc. 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: $21,982
- Gross Receipts: $537,311
Assets and Liabilities:
- Total Assets: $565,922
- Total Liabilities: $0
- Net Assets: $565,922
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Organization Details
Founding Year
2003
Principal Officer
Edward H Pruden Jr
Website
www.alumni.richmondNTEE Category
Code: B84 - Education
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