Overview
What is Georgia Southwestern Foundationinc?
The Georgia Southwestern Foundation is a nonprofit organization that primarily supports Georgia Southwestern State University by funding various activities and programs for students, which are not covered by state funding. This includes events like homecoming weekend and other reunion activities. Beyond this, the foundation also extends its support to the Rosalynn Carter Institute for Caregiving and assists with Alumni Association initiatives. In essence, the Georgia Southwestern Foundation plays a crucial role in enhancing the academic experience for students and contributing to the university's community efforts.
Official website here: www.gsw.edu/university/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Georgia Southwestern Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. A score of 92% indicates that the organization efficiently manages its resources, with a very low liabilities to assets ratio of 4.88% and a high program expense ratio of 91.12%. These metrics suggest that the majority of funds are directed towards its programs rather than administrative costs.
The foundation demonstrates robust governance with a majority of its board members being independent, which supports transparency and accountability. Additionally, it has received full points for its audit and oversight practices, loans to/from officers, and conflict of interest policy, indicating solid financial management and ethical standards. However, it should be noted that the organization is lacking a whistleblower policy, which may raise concerns about internal reporting mechanisms.
Overall, the foundation showcases strengths in financial health and governance, making it a reliable nonprofit to support. While the absence of a whistleblower policy is a limitation, it does not significantly detract from its overall positive evaluation in managing its operations and fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Georgia Southwestern Foundationinc legitimate?
Georgia Southwestern Foundationinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Southwestern Foundationinc 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: $196,619
For more financial information, click here
Official website here: www.gsw.edu/university/foundation
What is the mission statement of Georgia Southwestern Foundationinc?
The Georgia Southwestern Foundation's mission is centered around supporting Georgia Southwestern State University. Specifically, it provides financial assistance for university activities and programs that are not fully funded by the state. Additionally, the foundation aids the Rosalynn Carter Institute for Caregiving in its initiatives. Furthermore, the foundation contributes to the Alumni Association, covering costs associated with homecoming weekend and other reunion activities.
Official website here: www.gsw.edu/university/foundation
Who is the CEO of Georgia Southwestern Foundationinc?
Ricky H Arnold is the Trustee of Georgia Southwestern Foundationinc.
Official website here: www.gsw.edu/university/foundation
What is the revenue of Georgia Southwestern Foundationinc?
Georgia Southwestern Foundationinc's revenue in 2022 was $4,259,785.
Official website here: www.gsw.edu/university/foundation
Who are the executives of Georgia Southwestern Foundationinc and what are their salaries?
The average compensation at Georgia Southwestern Foundationinc during 2022 was $49,155. There are 4 employees at Georgia Southwestern Foundationinc.
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Official website here: www.gsw.edu/university/foundation
Where can I find the form 990 for Georgia Southwestern Foundationinc?
Georgia Southwestern Foundationinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gsw.edu/university/foundation
Learn more at the official website: www.gsw.edu/university/foundation
Mission Statement of Georgia Southwestern Foundationinc
The Georgia Southwestern Foundation, a nonprofit organization, is committed to supporting Georgia Southwestern State University. Its primary mission is to provide financial aid for various university activities and programs that are not covered by state funding. This support extends to students, ensuring they have access to enriching opportunities beyond what is typically provided.
In addition to its commitment to the university, the Georgia Southwestern Foundation also backs the Rosalynn Carter Institute for Caregiving. This institute focuses on empowering and supporting caregivers, an essential role often overlooked in many communities. By providing resources and support to these individuals, the institute aims to improve the quality of life for both caregivers and those they care for.
Beyond its support for the university and the caregiving institute, the Georgia Southwestern Foundation also plays a crucial role in assisting the Alumni Association. The foundation covers expenses for homecoming weekend and other reunion activities, fostering a sense of community and connection among former students. This ongoing support helps to maintain a strong alumni network and ensures that the university has a dedicated group of advocates and supporters.
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Impact
July, 2024
Georgia Southwestern Foundationinc's impact includes providing crucial financial support to Georgia Southwestern State University. This funding helps enhance various university activities and programs for students that may not be covered by state funding, ultimately enriching the educational experience for the university community. Additionally, the foundation's support for the Rosalynn Carter Institute for Caregiving plays a significant role in advancing caregiving initiatives and research. Moreover, by assisting the Alumni Association with expenses for events like homecoming weekend and reunions, the foundation fosters a sense of community and connection among past and present members of the university.
This information is meant to be a general summary of Georgia Southwestern Foundationinc. 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: $1,689,128
- Program Service Revenue: $352,716
- Gross Receipts: $9,822,354
Assets and Liabilities:
- Total Assets: $37,222,953
- Total Liabilities: $1,832,400
- Net Assets: $35,390,553
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE
Revenue
$309,238
OTHER
Revenue
$43,478
Organization Details
Founding Year
1981
Phone
(229) 931-2014Principal Officer
Ricky H Arnold
Main Address
P O BOX 926, AMERICUS, GA, 31709
NTEE Category
Code: B84 - Education
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