Overview
What is The Orau Foundation?
The Orau Foundation is a nonprofit organization situated in Oak Ridge, Tennessee. Their primary focus is on promoting higher scientific and mathematical education. To achieve this, they provide postgraduate awards and Pollard Scholarships to support 25 junior faculty members. This foundation aligns with the mission of Oak Ridge Associated Universities, Inc., which aims to advance scientific research and education while providing innovative solutions to strengthen and secure America. The Orau Foundation's initiatives contribute to the overall development of scientific education, fostering innovative minds and future leaders in the field.
Official website here: www.orau.org
Is The Orau Foundation legitimate?
The Orau Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Orau Foundation 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: $12,300
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Official website here: www.orau.org
What is the mission statement of The Orau Foundation?
The Orau Foundation supports Oak Ridge Associated Universities, Inc. in its mission to advance scientific research and education, while providing innovative solutions to strengthen and secure America. As part of its mission, The Orau Foundation offers postgraduate awards and scholarships, specifically 25 Junior Faculty Awards and 5 Pollard Scholarships, to promote higher scientific and mathematical education. The foundation's primary goal is to contribute to the advancement of scientific education.
Official website here: www.orau.org
What is the revenue of The Orau Foundation?
The Orau Foundation's revenue in 2023 was $1,852,479.
Official website here: www.orau.org
Who are the executives of The Orau Foundation and what are their salaries?
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $338,316
- Other: $28,373
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $261,287
- Other: $23,167
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $648,066
- Other: $40,628
- Compensation: $5,778
- Related: $351,875
- Other: $42,004
Official website here: www.orau.org
Where can I find the form 990 for The Orau Foundation?
The Orau Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.orau.org
Learn more at the official website: www.orau.org
Mission Statement of The Orau Foundation
The Orau Foundation, named after its founder, is committed to the promotion of higher scientific education. This nonprofit organization supports Oak Ridge Associated Universities, Inc., an entity focused on the advancement of scientific research and education, as well as providing innovative solutions to strengthen and secure America. To achieve its goal, The Orau Foundation offers post-graduate awards and scholarships. Specifically, it funds 25 Junior Faculty Awards and 5 Pollard Scholarships. These grants are designed to encourage and promote higher scientific and mathematical education. By doing so, The Orau Foundation contributes to the development of a well-informed and educated workforce in the field of science, thereby supporting the nation's scientific progress.
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Impact
October, 2024
The Orau Foundation significantly impacts higher scientific education by providing essential financial support through postgraduate awards and scholarships. By offering 25 junior faculty awards and 5 Pollard scholarships, it helps to foster the development of educators and researchers in the fields of science and mathematics. This support not only enhances individual careers but also contributes to the overall advancement of scientific research and education. By collaborating with the Oak Ridge Associated Universities, Inc., the foundation plays a vital role in delivering innovative solutions that strengthen and secure America’s future in science and technology.
This information is meant to be a general summary of The Orau Foundation. 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: $1,802,598
- Gross Receipts: $19,510,597
Assets and Liabilities:
- Total Assets: $44,007,613
- Total Liabilities: $0
- Net Assets: $44,007,613
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Organization Details
Founding Year
1980
Principal Officer
J Phil Andrews
Website
www.orau.orgNTEE Category
Code: B82 - Education
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