Overview
What is Clemson University Real Estate Foundation Inc?
Clemson University Real Estate Foundation Inc is a nonprofit organization based in Clemson, South Carolina. Their primary focus is on managing gifts of real estate, transforming these assets into proceeds, and then distributing them to benefit Clemson University or the Clemson University Foundation. The foundation's mission includes four goals: advancing the university through real estate donations, serving as an efficient conduit for receiving and liquidating these gifts, participating in the stewardship of real estate in support of the university, and offering guidance to academic departments with a real estate concentration. The foundation collaborates with development staff and donors to ensure the gifts align with the donor's intended purpose.
Official website here: www.clemson.edu/giving/cufoundations/structure/curef/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating
Clemson University Real Estate Foundation Inc has achieved a perfect score, reflecting a strong commitment to accountability and finance. The organization is rated four stars, indicating it meets high standards in financial health and transparency. This rating is derived solely from the Accountability & Finance beacon, showcasing the foundation's focus on maintaining robust operational practices.
Strengths of the foundation include a fully independent board, with all 10 members meeting this criterion, and a strong performance in several other areas of governance. The organization has no reported material diversion of assets, which enhances its credibility. Additionally, it successfully maintains a high program expense ratio of 99.97%, indicating that nearly all of its resources are directed towards its mission-related activities.
While the foundation has demonstrated excellence in its operations and governance policies, the data does not highlight any specific limitations or challenges faced by the organization. Overall, the Clemson University Real Estate Foundation Inc exhibits strong financial practices and transparency, making it a reliable entity for stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Clemson University Real Estate Foundation Inc legitimate?
Clemson University Real Estate Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clemson University Real Estate 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: $0
For more financial information, click here
Official website here: www.clemson.edu/giving/cufoundations/structure/curef/
What is the mission statement of Clemson University Real Estate Foundation Inc?
The Clemson University Real Estate Foundation's mission is centered around four primary objectives. Firstly, it aims to contribute to the advancement of Clemson University by accepting gifts of real estate and properties. Secondly, it serves as an efficient channel for receiving and liquidating such donations. Thirdly, the foundation plays a part in the stewardship of real estate, supporting the university's interests. Lastly, it offers assistance and advice to any college or department within Clemson University that incorporates real estate as part of its academic curriculum. In essence, the foundation utilizes gifts of real estate to support Clemson University's mission and the donor's intentions.
Official website here: www.clemson.edu/giving/cufoundations/structure/curef/
Who is the CEO of Clemson University Real Estate Foundation Inc?
Stephen F Hutchinson is the Chair of Clemson University Real Estate Foundation Inc. The CEO's salary of Clemson University Real Estate Foundation Inc is $0 and their total compensation is $0.
Official website here: www.clemson.edu/giving/cufoundations/structure/curef/
What is the revenue of Clemson University Real Estate Foundation Inc?
Clemson University Real Estate Foundation Inc's revenue in 2022 was $4,334.
Official website here: www.clemson.edu/giving/cufoundations/structure/curef/
Who are the executives of Clemson University Real Estate Foundation Inc and what are their salaries?
There 9 volunteers at Clemson University Real Estate Foundation Inc.
Here are 16 key members and their salaries (Clemson University Real Estate Foundation Inc's CEO's salary is $0 and their total compensation is $0):
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Related: $211,007
- Other: $20,989
- Compensation: $0
- Related: $123,530
- Other: $6,100
- Compensation: $0
- Related: $179,142
- Other: $15,445
- Compensation: $0
- Related: $93,401
- Other: $31,843
- Compensation: $0
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- Compensation: $0
- Related: $61,579
- Other: $15,819
- Compensation: $0
- Related: $144,391
- Other: $56,240
Official website here: www.clemson.edu/giving/cufoundations/structure/curef/
Where can I find the form 990 for Clemson University Real Estate Foundation Inc?
Clemson University Real Estate Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.clemson.edu/giving/cufoundations/structure/curef/
Learn more at the official website: www.clemson.edu/giving/cufoundations/structure/curef/
Mission Statement of Clemson University Real Estate Foundation Inc
The Clemson University Real Estate Foundation serves a unique role in supporting its namesake institution. Its primary mission is to receive and manage gifts of real estate, utilizing the proceeds from the liquidation of these assets to contribute to Clemson University or the Clemson University Foundation, in line with the donor's intended purpose. The foundation aims to achieve four key objectives for Clemson University: advancing the university through real estate gifts, acting as an efficient conduit for receiving and liquidating these gifts, participating in the stewardship of real estate to support the university, and offering assistance and advice to any college or department that incorporates real estate as part of its academic offerings. In essence, the Clemson University Real Estate Foundation plays a crucial role in leveraging real estate gifts to support and enhance the university's mission.
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Impact
October, 2024
Clemson University Real Estate Foundation Inc plays a crucial role in enhancing the university's growth and sustainability through strategic management of real estate gifts. By receiving and expertly stewarding these gifts, the foundation ensures that the proceeds from the liquidation of real estate assets directly support various initiatives at Clemson University. This process not only fuels the university's mission but also aligns with the intentions of donors, providing them with an avenue to contribute meaningfully to the educational landscape.
Through collaboration with development staff and donors, the foundation efficiently facilitates the receipt, marketing, and sale of real estate. This established mechanism allows for the effective transfer of net proceeds to the Clemson University Foundation, enabling the funds to be managed in alignment with the broader goals of the institution and the specific intentions of the donors.
The foundation’s impact extends beyond mere financial contributions; it actively participates in the stewardship of real estate, providing guidance and support to college and department programs with a concentration in real estate. This involvement not only strengthens real estate education at Clemson but also cultivates an environment of innovation and growth within the university community, ultimately enhancing the overall educational experience for students.
This information is meant to be a general summary of Clemson University Real Estate 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: -$1,443
- Gross Receipts: $348,777
Assets and Liabilities:
- Total Assets: $2,502,269
- Total Liabilities: $240,023
- Net Assets: $2,262,246
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Organization Details
Founding Year
1990
Phone
(864) 656-1289Principal Officer
Stephen F Hutchinson
Main Address
PO BOX 1889, CLEMSON, SC, 296331889
NTEE Category
Code: B43I - Education
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