Overview
What is Valdosta State University Foundation Inc?
Valdosta State University Foundation Inc, located at 1500 N Patterson Street, Valdosta, GA 31698, is a nonprofit organization dedicated to enhancing the educational excellence at Valdosta State University. Their primary role involves attracting, managing, and utilizing resources, including gifts and funds, for the university's academic, artistic, athletic, teaching, research, and public service programs. The Foundation's mission is to foster growth and development within these various domains, ultimately contributing to the overall prosperity of the university.
Official website here: www.valdosta.edu/adv/fnd
What are the reviews and ratings of this charity?
Charity Navigator rating: 97%, Four-Star out of Four Star rating.
The Valdosta State University Foundation Inc has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and finance management. The organization excels with a perfect score in several key areas, including the majority of independent board members and strong financial oversight, showcasing its commitment to transparency and ethical governance.
Strengths of the foundation include an impressive program expense ratio of 88.39%, highlighting its focus on funding programs over administrative costs. Additionally, the foundation has demonstrated exceptional fundraising efficiency with no costs attributed to fundraising efforts, suggesting effective management of resources. The foundation's policies on conflict of interest, whistleblowing, and document retention further enhance its credibility.
Despite its strengths, the summary does not indicate any notable limitations or concerns regarding the foundation's operations. Overall, the high rating reflects the Valdosta State University Foundation Inc's strong commitment to responsible financial practices and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Valdosta State University Foundation Inc legitimate?
Valdosta State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Valdosta State University 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.valdosta.edu/adv/fnd
What is the mission statement of Valdosta State University Foundation Inc?
The Valdosta State University Foundation Inc's mission is centered around promoting educational excellence at Valdosta State University. They achieve this by attracting, managing, and utilizing resources for the university's academic, artistic, athletic, teaching, research, and public service programs. The foundation's primary goal is to support and enhance the educational experiences and opportunities offered by the university. They invest in various aspects of the university's operations, aiming to foster a high-quality learning environment and contribute to the university's overall development.
Official website here: www.valdosta.edu/adv/fnd
Who is the CEO of Valdosta State University Foundation Inc?
Rick Munroe is the Trustee of Valdosta State University Foundation Inc. The CEO's salary of Valdosta State University Foundation Inc is $0 and their total compensation is $138,523.
Official website here: www.valdosta.edu/adv/fnd
What is the revenue of Valdosta State University Foundation Inc?
Valdosta State University Foundation Inc's revenue in 2022 was $4,049,374.
Official website here: www.valdosta.edu/adv/fnd
Who are the executives of Valdosta State University Foundation Inc and what are their salaries?
Here are 24 key members and their salaries (Valdosta State University Foundation Inc's CEO's salary is $0 and their total compensation is $138,523):
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- Related: $225,320
- Other: $0
Official website here: www.valdosta.edu/adv/fnd
Where can I find the form 990 for Valdosta State University Foundation Inc?
Valdosta State University Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.valdosta.edu/adv/fnd
Learn more at the official website: www.valdosta.edu/adv/fnd
Mission Statement of Valdosta State University Foundation Inc
Valdosta State University Foundation Inc is committed to fostering educational excellence at Valdosta State University. As part of its mission, the Foundation focuses on attracting, managing, and utilizing resources to support various academic, artistic, athletic, teaching, research, and public service programs within the University. The Foundation's primary role involves receiving gifts and other resources, which it then invests and expends to advance the University's objectives and initiatives. By doing so, Valdosta State University Foundation Inc plays a crucial role in empowering Valdosta State University to achieve its goals and provide a high-quality education to its students.
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Impact
July, 2024
Valdosta State University Foundation Inc's impact lies in supporting the development of educational excellence at Valdosta State University. Through its efforts in attracting, receiving, investing, managing, and expending gifts and resources for academic, artistic, athletic, teaching, research, and public service programs, the Foundation plays a crucial role in enhancing the overall educational experience at the university. Its mission to support educational excellence aligns with the university's goals and helps drive progress and innovation within the institution. This impact is particularly significant for the students, faculty, and community members who benefit from the enhanced educational opportunities and resources made available through the Foundation's support.
This information is meant to be a general summary of Valdosta State University 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: -$277,300
- Program Service Revenue: $575,567
- Gross Receipts: $41,068,140
Assets and Liabilities:
- Total Assets: $65,880,581
- Total Liabilities: $1,014,976
- Net Assets: $64,865,605
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES
Revenue
$327,725
OTHER REVENUE
Revenue
$133,980
INTEREST-RATE SWAP CHANGE
Revenue
$113,862
Organization Details
Founding Year
1963
Phone
(229) 333-5939Principal Officer
Rick Munroe
Main Address
1500 N Patterson Street, Valdosta, GA, 31698
Website
www.valdosta.edu/adv/fndNTEE Category
Code: B42I - Education
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