Overview
What is Uncg Excellence Foundation Inc?
Uncg Excellence Foundation Inc is a nonprofit organization dedicated to raising funds and managing resources for UNC Greensboro (UNCG) programs. Their mission encompasses conducting fundraising activities, investing and managing these resources responsibly, and fostering interest and support for the university among corporations, foundations, and politicians. By balancing growth and support for designated UNCG initiatives, the Uncg Excellence Foundation plays a crucial role in enhancing the academic institution's profile and capabilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Uncg Excellence Foundation Inc has achieved a strong Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. With an impressive overall score derived entirely from its accountability measures, the foundation demonstrates a solid commitment to financial transparency and responsible governance.
Key strengths of the organization include a fully independent board comprised of 28 members, as well as robust financial oversight mechanisms, such as a dedicated audit and oversight committee. The foundation also maintains comprehensive policies, including conflict of interest and whistleblower policies, which contribute to its high accountability score. Furthermore, the foundation demonstrates effective financial management, with a program expense ratio of 82.81%, indicating that a significant portion of its resources is directed towards its mission.
However, while the financial metrics are strong, this summary does not provide insight into the foundation's specific programs or impact on the community. Potential donors may seek more information on how the foundation's financial practices translate into tangible benefits for its beneficiaries. Overall, the organization stands out for its fiscal responsibility and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Uncg Excellence Foundation Inc legitimate?
Uncg Excellence Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Uncg Excellence 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: $120,449
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Uncg Excellence Foundation Inc?
The Uncg Excellence Foundation strives to raise funds and engage in various activities to support designated university programs. Its mission entails managing foundation resources responsibly, ensuring a balance between growth and programmatic support. Additionally, the foundation aims to generate interest and advocacy for the university within corporate, foundation, and political circles. The Uncg Excellence Foundation's commitment extends to fostering a thriving partnership between the institution and its stakeholders.
Who is the CEO of Uncg Excellence Foundation Inc?
Robert J Shea Jr is the President/Ex Offficio of Uncg Excellence Foundation Inc.
What is the revenue of Uncg Excellence Foundation Inc?
Uncg Excellence Foundation Inc's revenue in 2022 was $12,267,071.
Who are the executives of Uncg Excellence Foundation Inc and what are their salaries?
There 57 volunteers at Uncg Excellence Foundation Inc.
Here are 38 key members and their salaries:
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Where can I find the form 990 for Uncg Excellence Foundation Inc?
Uncg Excellence Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Uncg Excellence Foundation Inc
Uncg Excellence Foundation Inc is a charitable organization dedicated to supporting the University of North Carolina at Greensboro (UNCG) through various means. Its primary role is to oversee fundraising initiatives and manage resources effectively, ensuring a balance between growth and support for designated university programs. By doing so, the Foundation fosters interest and advocacy for UNCG within corporate, foundation, and political spheres.
In practice, Uncg Excellence Foundation Inc executes its mission by organizing fundraising campaigns and activities. These efforts contribute significantly to the financial wellbeing of UNCG and its programs. Simultaneously, the Foundation demonstrates financial responsibility by investing and managing its resources thoughtfully. This approach enables Uncg Excellence Foundation Inc to sustainably support the university's academic pursuits and initiatives.
Moreover, Uncg Excellence Foundation Inc plays a vital role in promoting UNCG within the wider community. By building connections in the corporate, foundation, and political sectors, the Foundation bolsters the university's reputation and influence. Ultimately, the Uncg Excellence Foundation Inc's mission is essential in driving growth and securing resources for UNCG, enabling it to continue its mission of academic excellence.
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Impact
October, 2024
Uncg Excellence Foundation Inc significantly enhances the educational landscape at the University of North Carolina at Greensboro (UNCG) through strategic fundraising and resource management. By conducting targeted fundraising initiatives, the foundation secures vital financial support, enabling various university programs to thrive and expand.
The foundation's commitment to responsible investment and management of its resources ensures a sustainable growth trajectory, balancing immediate support with long-term investment for the university's advancement. This careful stewardship allows UNCG to allocate funds where they are needed most, fostering educational opportunities and enhancing the overall student experience.
Additionally, the foundation plays a crucial role in cultivating interest and support for UNCG among corporate and political entities. By fostering these relationships, it not only creates additional funding opportunities but also amplifies the university's presence in broader networks, enhancing opportunities for partnerships and collaboration. Ultimately, the Uncg Excellence Foundation Inc's efforts directly contribute to a stronger, more vibrant educational environment at UNCG.
This information is meant to be a general summary of Uncg Excellence 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: $6,845,066
- Gross Receipts: $15,482,139
Assets and Liabilities:
- Total Assets: $187,420,574
- Total Liabilities: $5,143,775
- Net Assets: $182,276,799
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Organization Details
Founding Year
1966
Phone
(336) 334-5200Principal Officer
Robert J Shea Jr
Main Address
PO BOX 26170, GREENSBORO, NC, 27402
NTEE Category
Code: B110 - Education
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