Overview
What is Nc State Engineering Foundation Inc?
Nc State Engineering Foundation Inc is a nonprofit organization dedicated to supporting North Carolina State University's College of Engineering. Through financial assistance and various means, they promote educational, research, and extension programs within the college. Located in Raleigh, North Carolina, their mission is to make a significant impact on engineering education and research at the university.
Official website here: www.see schedule o
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star Rating
The Nc State Engineering Foundation Inc has achieved a remarkable 100% rating from Charity Navigator, indicating exemplary performance in accountability and finance. This score reflects their strong governance and effective financial management, showing a commitment to transparency and responsible stewardship of resources.
The foundation boasts a fully independent board, which contributes to its high marks in various categories, including conflict of interest and audit oversight. With a program expense ratio of 90.91%, the organization effectively dedicates the majority of its funds to its programs, highlighting its focus on fulfilling its mission. Their fundraising efficiency is also impressive, with only $0.08 spent to raise each dollar.
While the organization has demonstrated exceptional financial health and governance practices, it is essential for potential donors or stakeholders to remain aware of ongoing operational efforts and impacts in the community. Overall, the Nc State Engineering Foundation Inc stands out as a model of financial integrity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Nc State Engineering Foundation Inc legitimate?
Nc State Engineering Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nc State Engineering 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $751,299
For more financial information, click here
Official website here: www.see schedule o
What is the mission statement of Nc State Engineering Foundation Inc?
The Nc State Engineering Foundation Inc supports and advances educational, research, and extension initiatives in the College of Engineering at North Carolina State University. Through financial assistance and other means, the foundation is committed to aiding and promoting these areas of study. By doing so, it contributes to the growth and development of engineering education and research at the university. The foundation's mission is geared towards fostering innovation and knowledge in the engineering field. It aims to create opportunities for students and researchers to excel and make a positive impact on their respective fields. The foundation's efforts ultimately contribute to the broader engineering community and society as a whole.
Official website here: www.see schedule o
Who is the CEO of Nc State Engineering Foundation Inc?
Erin Delehanty is the Director of Nc State Engineering Foundation Inc.
Official website here: www.see schedule o
What is the revenue of Nc State Engineering Foundation Inc?
Nc State Engineering Foundation Inc's revenue in 2023 was $14,694,932.
Official website here: www.see schedule o
Who are the executives of Nc State Engineering Foundation Inc and what are their salaries?
There 31 volunteers at Nc State Engineering Foundation Inc.
Here are 36 key members and their salaries:
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Official website here: www.see schedule o
Where can I find the form 990 for Nc State Engineering Foundation Inc?
Nc State Engineering Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.see schedule o
Learn more at the official website: www.see schedule o
Mission Statement of Nc State Engineering Foundation Inc
The Nc State Engineering Foundation Inc is a dedicated organization that supports and advances educational, research, and extension initiatives in the College of Engineering at North Carolina State University. In doing so, it aims to enhance the academic experience and research capabilities of students and faculty in this esteemed engineering institution.
With a commitment to providing financial assistance and other resources, the Foundation plays a vital role in fostering excellence and innovation in the field of engineering education. Its mission is twofold: on one hand, it seeks to provide the necessary financial means to facilitate various educational programs, research projects, and extension activities. On the other hand, it offers support in diverse forms to ensure the success and growth of engineering students and faculty at North Carolina State University.
By offering financial assistance, the Nc State Engineering Foundation Inc enables students to pursue their engineering dreams without the financial burden of student loans. This support not only allows students to focus on their studies but also encourages them to excel in their chosen field, contributing to the development of a highly skilled engineering workforce.
Moreover, the Foundation's commitment extends beyond financial aid. It supports research projects in the College of Engineering, which contribute to advancing knowledge and pushing the boundaries of engineering technology. The research findings and innovations generated through these projects have far-reaching implications, positively impacting society and industries.
Additionally, the Nc State Engineering Foundation Inc's involvement in extension activities helps bridge the gap between academic research and real-world applications. These initiatives foster collaborations between the university and industries, creating opportunities for students to gain hands-on experience and for faculty to apply their research findings to practical problems. This interdisciplinary approach enriches engineering education and prepares students for successful careers in their chosen fields.
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Impact
October, 2024
Nc State Engineering Foundation Inc significantly enhances the educational landscape at North Carolina State University by providing vital financial assistance and support for research and extension activities within the College of Engineering. Through its initiatives, the foundation promotes innovative engineering education, ensuring that students and faculty have the resources necessary to excel in their academic and research pursuits. This impact extends to the broader community by fostering advancements in engineering practices and technologies, ultimately contributing to the development of skilled professionals prepared to tackle real-world challenges. The foundation's commitment to supporting educational endeavors helps to cultivate a robust engineering program, empowering the next generation of engineers in North Carolina and beyond.
This information is meant to be a general summary of Nc State Engineering 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 2023.
- Investment Income: $4,075,665
- Program Service Revenue: $94,468
- Gross Receipts: $18,853,178
Assets and Liabilities:
- Total Assets: $173,785,450
- Total Liabilities: $1,088,665
- Net Assets: $172,696,785
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUES
Revenue
$94,468
Organization Details
Founding Year
1944
Phone
(919) 513-7149Principal Officer
Erin Delehanty
Main Address
NCSU BOX 7207, RALEIGH, NC, 276957207
Website
www.see schedule oNTEE Category
Code: B124 - Education
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