Overview
What is Coastal Educational Foundation Inc?
Coastal Educational Foundation Inc, based in Conway, South Carolina, is a nonprofit organization primarily focused on supporting Coastal Carolina University. Their mission is to attract and retain top administrative personnel by offering salary enrichment and benefits. To accomplish this, they rely on charitable donations mainly from individual donors. Additionally, the Foundation contributes to the university through scholarships and various programs.
Official website here: www.coastal.edu/cef
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
Coastal Educational Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial health. The rating is derived solely from its high score in Accountability & Finance, indicating that the organization values transparency and ethical management practices.
The foundation boasts a 100% independent board, showcasing a robust governance structure. Additionally, it has successfully implemented comprehensive policies such as conflict of interest, whistleblower, and document retention, which are essential for maintaining integrity. Financially, the foundation performs exceptionally well, with 91.58% of expenses directed towards programs and a fundraising efficiency ratio of just $0.002.
While the foundation's financial ratios indicate a solid position, there are no significant limitations noted in the data. Overall, the Coastal Educational Foundation Inc demonstrates strong operational effectiveness and a commitment to responsible stewardship of its resources, making it a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Coastal Educational Foundation Inc legitimate?
Coastal Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coastal Educational 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: $27,441
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.coastal.edu/cef
What is the mission statement of Coastal Educational Foundation Inc?
The Coastal Educational Foundation Inc's mission is centered around supporting Coastal Carolina University. They achieve this objective primarily through charitable donations received mainly from individual donors. The foundation's primary role is to provide financial assistance to the university, enhancing salaries and benefits to attract and retain top administrative personnel. In essence, the foundation plays a crucial role in strengthening Coastal Carolina University by leveraging its resources.
Official website here: www.coastal.edu/cef
Who is the CEO of Coastal Educational Foundation Inc?
Christopher Johnson is the Past Chairman of Coastal Educational Foundation Inc.
Official website here: www.coastal.edu/cef
What is the revenue of Coastal Educational Foundation Inc?
Coastal Educational Foundation Inc's revenue in 2023 was $5,236,617.
Official website here: www.coastal.edu/cef
Who are the executives of Coastal Educational Foundation Inc and what are their salaries?
There 30 volunteers at Coastal Educational Foundation Inc.
Here are 31 key members and their salaries:
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Official website here: www.coastal.edu/cef
Where can I find the form 990 for Coastal Educational Foundation Inc?
Coastal Educational Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.coastal.edu/cef
Learn more at the official website: www.coastal.edu/cef
Mission Statement of Coastal Educational Foundation Inc
Coastal Educational Foundation Inc, a charitable organization, is dedicated to supporting Coastal Carolina University. Its primary mission involves utilizing donations, mainly from individual contributors, to bolster the university's resources. The foundation goes beyond financial support, offering salary enrichments and benefits to attract and retain top-tier university administration. In essence, Coastal Educational Foundation Inc plays a crucial role in enhancing Coastal Carolina University's capabilities, contributing to its overall success and growth.
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Impact
July, 2024
Coastal Educational Foundation Inc's impact lies in supporting Coastal Carolina University through scholarships and programs, as well as providing salary enrichment and benefits to attract and retain top administration. By receiving charitable donations primarily from individual donors, the foundation contributes to the university's development and advancement in education. Through their mission, they play a significant role in enhancing the academic experience and opportunities available to students and faculty at Coastal Carolina University.
This information is meant to be a general summary of Coastal Educational 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: $213,661
- Gross Receipts: $5,348,724
Assets and Liabilities:
- Total Assets: $74,413,716
- Total Liabilities: $2,167,726
- Net Assets: $72,245,990
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Organization Details
Founding Year
1954
Phone
(843) 349-2194Principal Officer
Christopher Johnson
Main Address
PO BOX 261954, CONWAY, SC, 295286054
Website
www.coastal.edu/cefNTEE Category
Code: B82 - Education
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