Overview
What is Shepherd University Foundation Inc?
Shepherd University Foundation Inc, located in Shepherdstown, West Virginia, serves as a nonprofit organization committed to supporting Shepherd University students. Their primary mission involves providing scholarships and awards to enrolled students, aiming to alleviate financial burdens and promote academic success. Beyond this, they also extend their support to the university's faculty, facilities, and programs, ensuring a comprehensive educational environment. With a small team of five individuals, Shepherd University Foundation Inc plays a crucial role in enriching the university community.
Official website here: www.shepherduniversityfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 97%, Four-Star out of Four Star rating
The Shepherd University Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The charity's overall score is derived solely from its outstanding performance in the Accountability & Finance category. A score of 97% indicates a high level of transparency and responsible financial management, essential factors for donor trust and support.
Key strengths of the organization include a fully independent board with 100% of members being independent, comprehensive and transparent financial practices, and a strong program expense ratio of 72.68%. The foundation has also demonstrated excellent fundraising efficiency with no fundraising costs, ensuring that the majority of donations directly benefit its programs. Additionally, it has established various policies such as conflict of interest and whistleblower protections, further enhancing its credibility.
While the organization has shown remarkable strength in its financial practices, the review did not highlight any significant limitations or issues. This strong performance indicates that the Shepherd University Foundation is well-positioned to manage its resources effectively and deliver on its mission to support Shepherd University.
This AI summary has been generated from information found on Charity Navigator.
Is Shepherd University Foundation Inc legitimate?
Shepherd University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shepherd 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: $234,371
Professional Fundraising Fees: $0
Other Salaries and Wages: $155,940
For more financial information, click here
Official website here: www.shepherduniversityfoundation.org
What is the mission statement of Shepherd University Foundation Inc?
The Shepherd University Foundation Inc's primary mission is to provide financial aid in the form of scholarships and awards to students attending Shepherd University. In addition to this, the foundation also offers assistance and support for the university's faculty, facilities, and programs. This aid aims to enhance the overall educational experience of the students and contribute to the university's growth and development. The foundation's primary focus is on empowering students through financial assistance, thereby contributing to their academic success.
Official website here: www.shepherduniversityfoundation.org
Who is the CEO of Shepherd University Foundation Inc?
James Taylor is the Executive Vi of Shepherd University Foundation Inc.
Official website here: www.shepherduniversityfoundation.org
What is the revenue of Shepherd University Foundation Inc?
Shepherd University Foundation Inc's revenue in 2022 was $4,902,607.
Official website here: www.shepherduniversityfoundation.org
Who are the executives of Shepherd University Foundation Inc and what are their salaries?
The average compensation at Shepherd University Foundation Inc during 2022 was $78,062. There are 5 employees and 115 volunteers at Shepherd University Foundation Inc.
Here are 28 key members and their salaries:
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Official website here: www.shepherduniversityfoundation.org
Where can I find the form 990 for Shepherd University Foundation Inc?
Shepherd University Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shepherduniversityfoundation.org
Learn more at the official website: www.shepherduniversityfoundation.org
Mission Statement of Shepherd University Foundation Inc
Shepherd University Foundation Inc, as a nonprofit organization, is committed to providing scholarships and awards for students attending Shepherd University. Beyond this, the foundation also aims to offer assistance and support for the faculty, facilities, and programs of the university. In essence, the Shepherd University Foundation Inc seeks to empower students by alleviating financial burdens through scholarships and awards, and it also works to enhance the academic environment by supporting the university's staff and infrastructure.
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Impact
July, 2024
Shepherd University Foundation Inc's impact is significant in providing scholarships and awards to students attending Shepherd University in Shepherdstown, WV. This support plays a crucial role in helping students pursue their education and achieve their academic goals. Additionally, the foundation's assistance and support for faculty, facilities, and programs at the university contribute to enhancing the overall educational experience for students and faculty members alike. Through its mission of providing financial aid and resources to the university community, Shepherd University Foundation Inc is making a valuable contribution to the field of education.
This information is meant to be a general summary of Shepherd 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,188,127
- Gross Receipts: $10,136,830
Assets and Liabilities:
- Total Assets: $36,211,131
- Total Liabilities: $1,396,296
- Net Assets: $34,814,835
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Organization Details
Founding Year
1961
Phone
(304) 876-5391Principal Officer
James Taylor
Main Address
PO BOX 5000, SHEPHERDSTOWN, WV, 25443
NTEE Category
Code: B110 - Education
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