Overview
What is Educational Foundation Of Uscl Inc?
The Educational Foundation of USC Lancaster is a nonprofit organization, based in Lancaster, South Carolina. Their primary mission is to support the University of South Carolina Lancaster in achieving its objectives by implementing long-term fundraising programs. They solicit, manage, and disburse funds to further the interests of the university. Their activities are focused on advancing the university's goals through the establishment and implementation of comprehensive fundraising strategies.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Educational Foundation of Uscl Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in both accountability and financial management. The organization scored exceptionally well with a 94 in accountability and finance, indicating robust governance practices, including comprehensive audits and a clear conflict of interest policy. Additionally, with a program expense ratio of 88.67%, it demonstrates a commitment to directing funds towards its mission.
The foundation excels in impact measurement, earning a perfect score of 100. This indicates not only effective evaluation of its programs but also substantial results, as evidenced by increasing scholarship recipient income by over $1.50 for every dollar spent. Such metrics suggest that the organization is not only committed to its financial health but also to maximizing the impact of its initiatives.
While the overall scores are impressive, the lower percentage in the Accountability & Finance category may suggest some areas for improvement in transparency or stakeholder engagement. Nevertheless, the foundation's strong commitment to its mission and effective use of resources marks it as a reputable nonprofit dedicated to educational advancements.
This AI summary has been generated from information found on Charity Navigator.
Is Educational Foundation Of Uscl Inc legitimate?
Educational Foundation Of Uscl Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educational Foundation Of Uscl 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: $0
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What is the mission statement of Educational Foundation Of Uscl Inc?
The Educational Foundation of the University of South Carolina Lancaster's mission is to actively seek, receive, manage, and distribute funds for the betterment of the University of South Carolina Lancaster. This organization plays a crucial role in assisting the university in achieving its goals by establishing and implementing comprehensive fundraising programs. Its primary aim is to advance the interests of the University of South Carolina Lancaster.
What is the revenue of Educational Foundation Of Uscl Inc?
Educational Foundation Of Uscl Inc's revenue in 2024 was $2,050,388.
Who are the executives of Educational Foundation Of Uscl Inc and what are their salaries?
There 13 volunteers at Educational Foundation Of Uscl Inc.
Here are 13 key members and their salaries:
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Where can I find the form 990 for Educational Foundation Of Uscl Inc?
Educational Foundation Of Uscl Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Educational Foundation Of Uscl Inc
The Educational Foundation of USC Lancaster is committed to advancing the interests of the University of South Carolina Lancaster. To achieve this, the foundation's primary mission is to solicit, receive, manage, and disburse funds. This mission serves to aid the university in achieving its overall objectives by establishing and implementing long-term fundraising programs. By carrying out these activities, the Educational Foundation of USC Lancaster plays a crucial role in supporting the university's growth and development.
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Impact
July, 2024
The Educational Foundation Of Uscl Inc's impact is focused on aiding the University of South Carolina Lancaster in achieving its mission through the establishment and implementation of long-range fundraising programs. By soliciting, receiving, managing, and disbursing funds for the advancement of the university's interests, the foundation plays a vital role in supporting educational initiatives and enhancing the overall educational experience at the institution. Through its efforts, the foundation contributes to the growth and success of the University of South Carolina Lancaster, ensuring that it can continue to provide quality education and opportunities to its students.
This information is meant to be a general summary of Educational Foundation Of Uscl 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 2024.
- Investment Income: $165,283
- Gross Receipts: $2,050,388
Assets and Liabilities:
- Total Assets: $17,223,901
- Total Liabilities: $2,089,483
- Net Assets: $15,134,418
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Organization Details
Founding Year
1963
Principal Officer
Charlene Mcgriff
NTEE Category
Code: B82Z - Education
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