Overview
What is Marshall University Foundation Incorporated?
Marshall University Foundation Incorporated is a nonprofit organization, established in 1947, headquartered at 519 John Marshall Drive in Huntington, West Virginia (WV, 25703). The foundation's primary mission is to support Marshall University by managing and distributing private resources. With a staff of 53 employees, it provides scholarships and awards to faculty and students, investing in their educational pursuits at the university. Chartered over seven decades ago, the organization continues to serve as a crucial partner, receiving, investing, and administering private funds for the benefit of Marshall University.
Official website here: www.marshall.edu/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating 100% - Four-Star out of Four Star Rating
The Marshall University Foundation Incorporated has received an exceptional score of 100% from Charity Navigator, reflecting its strong commitment to accountability and financial management. This top-tier rating emphasizes the charity's effective governance practices, highlighted by a fully independent board and comprehensive oversight mechanisms, ensuring responsible management of resources.
The foundation boasts significant strengths in financial ratios, with a program expense ratio of 73.39%, indicating that a substantial portion of its expenditures is directed toward fulfilling its mission. Additionally, its fundraising efficiency score of $0.08 reflects low costs associated with raising funds, demonstrating efficient use of donor contributions. The organization also maintains a robust working capital ratio of 19.64 years, suggesting financial stability and the ability to sustain operations over the long term.
While the foundation's rating is outstanding, the data underscores the importance of ongoing transparency and adherence to best practices in nonprofit governance. Maintaining these standards will be crucial for continued trust and support from donors and the community alike, paving the way for effective future initiatives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Marshall University Foundation Incorporated?
92% of 43 reviewers on Facebook recommend the Marshall University Foundation Incorporated. Here is a summary of their reviews:
Many individuals express a heartfelt attachment to the institution, highlighting their positive experiences as students at Marshall University. Reviewers appreciate the balanced size of the university, often noting that it creates an intimate learning environment that fosters strong relationships with educators. The quality of education is frequently praised, with sentiments reflecting a deep satisfaction that makes many alumni consider it the right choice if they had to go through the school selection process again.
Overall, the reviews indicate a strong sense of pride and loyalty among those affiliated with the foundation, suggesting it successfully fulfills its mission to support students and enhance their educational journey.
This AI summary has been generated from reviews found on Facebook.
Is Marshall University Foundation Incorporated legitimate?
Marshall University Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marshall University Foundation Incorporated 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: $636,496
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,667,074
For more financial information, click here
Official website here: www.marshall.edu/foundation/
What is the mission statement of Marshall University Foundation Incorporated?
The Marshall University Foundation, established in 1947, is a non-profit organization dedicated to supporting Marshall University. Its primary objective is to receive, invest, and manage private resources for the benefit of the institution. The organization plays a crucial role in providing financial assistance to faculty and students, contributing to their academic pursuits at the university. The Marshall University Foundation's mission revolves around enhancing the educational experience of its community by stewardingly managing and distributing private resources.
Official website here: www.marshall.edu/foundation/
Who is the CEO of Marshall University Foundation Incorporated?
R Scott Anderson is the Ceo of Marshall University Foundation Incorporated. The CEO's salary of Marshall University Foundation Incorporated is $267,399 and their total compensation is $323,497.
Official website here: www.marshall.edu/foundation/
What is the revenue of Marshall University Foundation Incorporated?
Marshall University Foundation Incorporated's revenue in 2022 was $28,228,020.
Official website here: www.marshall.edu/foundation/
Who are the executives of Marshall University Foundation Incorporated and what are their salaries?
The average compensation at Marshall University Foundation Incorporated during 2022 was $43,464. There are 53 employees and 100 volunteers at Marshall University Foundation Incorporated.
Here are 31 key members and their salaries (Marshall University Foundation Incorporated's CEO's salary is $267,399 and their total compensation is $323,497):
- Compensation: $267,399
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- Other: $56,098
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- Other: $28,726
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Official website here: www.marshall.edu/foundation/
Where can I find the form 990 for Marshall University Foundation Incorporated?
Marshall University Foundation Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.marshall.edu/foundation/
Learn more at the official website: www.marshall.edu/foundation/
Mission Statement of Marshall University Foundation Incorporated
The Marshall University Foundation, a non-profit organization established in 1947, is dedicated to advancing Marshall University by managing and distributing private resources. This independent entity, with its primary tax-exempt purpose, exists to provide essential support for the educational institution. By receiving, investing, and administering donations, the Foundation plays a pivotal role in enhancing the academic experience of both faculty and students at Marshall University.
Through its mission, the Marshall University Foundation fosters opportunities for growth and success by offering scholarships and awards to deserving individuals associated with the university. These resources enable faculty and students to pursue their educational goals and make meaningful contributions to their respective fields. By serving as a bridge between generous donors and the University, the Foundation strengthens the academic community and fosters a culture of excellence.
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Impact
October, 2024
Marshall University Foundation Incorporated plays a crucial role in enhancing educational opportunities at Marshall University in Huntington, West Virginia. By administering and disbursing private resources, the Foundation significantly contributes to the academic and professional growth of both students and faculty.
Through its scholarship and award programs, the Foundation alleviates financial burdens for students, enabling them to focus on their education and realize their career aspirations. This support not only fosters academic excellence but also encourages a diverse and talented student body.
For faculty, the Foundation's resources can enhance research opportunities, professional development, and innovative teaching methods, ultimately enriching the learning environment. In essence, the Foundation acts as a vital bridge connecting private support to the university's mission, amplifying the impact of philanthropic contributions on education and community development.
This information is meant to be a general summary of Marshall University Foundation Incorporated. 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 2022.
- Investment Income: $12,605,271
- Program Service Revenue: $27,478
- Gross Receipts: $112,583,990
Assets and Liabilities:
- Total Assets: $344,717,415
- Total Liabilities: $74,165,283
- Net Assets: $270,552,132
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conference Center Activity
Revenue
$27,478
Organization Details
Founding Year
1947
Phone
(304) 696-6264Principal Officer
R Scott Anderson
Main Address
519 John Marshall Drive, Huntington, WV, 25703
Website
www.marshall.edu/foundation/NTEE Category
Code: B110 - Education
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