Overview
What is Foundation Of The University Of North Carolina At Charlotte?
The Foundation of the University of North Carolina at Charlotte is a nonprofit organization that supports the academic and educational mission of UNC Charlotte. Based in Charlotte, North Carolina, the foundation receives contributions to fund various university operations, educational programs, and scholarships for students. By providing financial aid and student services, the foundation contributes significantly to the growth and development of UNC Charlotte and its student community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star rating)
The Foundation of the University of North Carolina at Charlotte has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. This score is exclusively based on its Accountability & Finance metrics, showcasing an impressive score of 92. Such a high rating indicates effective financial management and transparency within the organization.
One of the standout features is the foundation's commitment to independence, with 97% of its board members being independent. This governance structure, combined with high marks for audit oversight and lack of material asset diversion, indicates a robust framework that prioritizes ethical standards and accountability. Additionally, the foundation has a strong program expense ratio of 86.05%, suggesting that a significant portion of its funds directly supports its programs.
While the foundation exhibits many strengths, it is essential for potential donors and stakeholders to consider the areas of focus in its financial reporting. The organization has a long working capital ratio, which implies good liquidity, but continuous monitoring of financial strategy is crucial to maintain this positive trend. Overall, the Foundation of the University of North Carolina at Charlotte demonstrates a strong commitment to accountability and effective resource allocation.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation Of The University Of North Carolina At Charlotte legitimate?
Foundation Of The University Of North Carolina At Charlotte is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of The University Of North Carolina At Charlotte 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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What is the mission statement of Foundation Of The University Of North Carolina At Charlotte?
The Foundation of the University of North Carolina at Charlotte functions to advance the academic and educational pursuits of UNC Charlotte by securing contributions and providing support. This encompasses funding for university operations, educational programs, and scholarships intended for students. The primary goal is to foster growth and development within the academic community of UNC Charlotte. Through these efforts, the foundation contributes significantly to student financial aid and student services.
Who is the CEO of Foundation Of The University Of North Carolina At Charlotte?
Beth Crigler is the Principal Officer of Foundation Of The University Of North Carolina At Charlotte.
What is the revenue of Foundation Of The University Of North Carolina At Charlotte?
Foundation Of The University Of North Carolina At Charlotte's revenue in 2022 was $30,887,387.
Who are the executives of Foundation Of The University Of North Carolina At Charlotte and what are their salaries?
There 38 volunteers at Foundation Of The University Of North Carolina At Charlotte.
Here are 39 key members and their salaries:
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- Other: $86,790
Where can I find the form 990 for Foundation Of The University Of North Carolina At Charlotte?
Foundation Of The University Of North Carolina At Charlotte's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Foundation Of The University Of North Carolina At Charlotte
The Foundation of UNC Charlotte plays a pivotal role in advancing the academic and educational pursuits of the University of North Carolina at Charlotte. By soliciting and managing contributions, the foundation supports various aspects of UNC Charlotte's operations, educational programs, and student scholarships.
In essence, the Foundation of UNC Charlotte serves as a vital bridge between the university community and its supporters. Its mission is to foster growth and development within UNC Charlotte by securing resources that enable the institution to excel in its academic endeavors and provide opportunities for students. The foundation's disbursements contribute significantly to student financial aid and student services at the university.
Through these efforts, the Foundation of UNC Charlotte helps ensure that deserving students have access to a quality education, while also bolstering the university's capacity to deliver exceptional academic programs. By providing essential financial support, the foundation enables UNC Charlotte to thrive and make a meaningful impact in the educational landscape.
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Impact
October, 2024
The Foundation of the University of North Carolina at Charlotte significantly enhances the academic and educational landscape of the university. By receiving contributions, it plays a crucial role in promoting the university's mission and objectives. The Foundation directly supports operational needs, educational programs, and scholarships, ensuring that students have access to essential financial aid and services. This support enriches the student experience, fosters academic excellence, and empowers future leaders. The Foundation's impact ultimately contributes to a stronger and more vibrant educational community in Charlotte, North Carolina.
This information is meant to be a general summary of Foundation Of The University Of North Carolina At Charlotte. 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: $429,227
- Gross Receipts: $36,975,378
Assets and Liabilities:
- Total Assets: $321,969,429
- Total Liabilities: $68,010,486
- Net Assets: $253,958,943
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Organization Details
Founding Year
1963
Phone
(704) 687-5806Principal Officer
Beth Crigler
Main Address
9201 UNIVERSITY CITY BLVD REESE 411, CHARLOTTE, NC, 282230001
NTEE Category
Code: B80 - Education
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