Overview
What is Georgia State University Foundation Inc?
The Georgia State University Foundation Inc, located in Atlanta, Georgia, acts as an advocate and supporter for Georgia State University. Through identification, cultivation, solicitation, and stewardship of gifts, the foundation plays a crucial role in advancing the university's mission. By raising funds, they provide essential support for education, facilities, activities, and programs at the university. This private gift support contributes to creating optimal learning and research environments with modern technologies. In essence, the Georgia State University Foundation serves as a vital partner in enhancing the university's capacity to excel in its academic pursuits.
Official website here: www.gsufoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Georgia State University Foundation Inc has achieved a remarkable Four-Star rating from Charity Navigator, primarily due to its exceptional score in Accountability & Finance. This rating signifies that the organization operates with a high level of transparency and financial responsibility, critical for donors seeking assurance that their contributions are managed effectively.
The foundation demonstrates strong governance, with an independent board comprising 97% independent members. Additionally, their commitment to policies such as conflict of interest, whistleblower protection, and thorough documentation practices further enhances their credibility. The organization also boasts a low liability to assets ratio and a high program expense ratio, indicating efficient use of funds toward its mission.
Despite these strengths, it is important to note that the foundation's financial health reflects a very strong working capital ratio, allowing for significant operational flexibility. Overall, Georgia State University Foundation Inc stands out as a robust nonprofit with an exemplary track record in accountability and finance, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Georgia State University Foundation Inc legitimate?
Georgia State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia 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: $287,322
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.gsufoundation.org
What is the mission statement of Georgia State University Foundation Inc?
The Georgia State University Foundation functions as a representative of Georgia State University, working to support and further its mission. Through the identification, cultivation, solicitation, and stewardship of donations, the foundation contributes to the university's education, facilities, activities, and programs. By providing private gift support, the foundation helps create an environment conducive to top-tier teaching, learning, and research.
Official website here: www.gsufoundation.org
Who is the CEO of Georgia State University Foundation Inc?
Jason R Kahn is the Principal Officer of Georgia State University Foundation Inc.
Official website here: www.gsufoundation.org
What is the revenue of Georgia State University Foundation Inc?
Georgia State University Foundation Inc's revenue in 2022 was $89,649,877.
Official website here: www.gsufoundation.org
Who are the executives of Georgia State University Foundation Inc and what are their salaries?
There 31 volunteers at Georgia State University Foundation Inc.
Here are 36 key members and their salaries:
- Compensation: $325,793
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Official website here: www.gsufoundation.org
Where can I find the form 990 for Georgia State University Foundation Inc?
Georgia State University Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gsufoundation.org
Learn more at the official website: www.gsufoundation.org
Mission Statement of Georgia State University Foundation Inc
The Georgia State University Foundation acts as a dedicated advocate for Georgia State University, promoting its mission and championing its best interests. In this role, the Foundation engages in the identification, cultivation, solicitation, and stewardship of philanthropic contributions, collaborating and advising on activities that benefit and advance the University.
Through its program support, the Georgia State University Foundation plays a crucial role in enhancing the educational, facility, activity, and program offerings of the University. Private gift support enables the institution to create optimal learning environments, invest in cutting-edge technologies, and foster a culture conducive to high-level teaching, research, and innovation. By providing this essential financial backing, the Foundation contributes significantly to the overall success and growth of Georgia State University.
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Impact
October, 2024
Georgia State University Foundation Inc significantly enhances the educational landscape and student experience at Georgia State University. By supporting various programs, facilities, and activities, the Foundation plays a crucial role in elevating the quality of teaching and learning. Its efforts contribute to creating an environment equipped with the necessary resources and technologies for impactful research and academic pursuits.
The Foundation acts as an ambassador for the university, fostering connections that lead to philanthropic support. Through the strategic identification, cultivation, solicitation, and stewardship of gifts, it ensures that the university's mission is upheld. This collaboration not only strengthens the university’s capabilities but also positively affects the wider community by promoting educational advancement and opportunities for students. The result is a vibrant academic environment that prepares students for success in their chosen fields.
This information is meant to be a general summary of Georgia 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: $30,129,064
- Program Service Revenue: $18,051,010
- Gross Receipts: $91,662,147
Assets and Liabilities:
- Total Assets: $466,073,205
- Total Liabilities: $150,749,366
- Net Assets: $315,323,839
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$10,311,656
DIRECT FINANCING LEASE INCOME
Revenue
$7,568,818
OTHER PROGRAM REVENUE
Revenue
$170,536
Organization Details
Founding Year
1958
Phone
(404) 413-3402Principal Officer
Jason R Kahn
Main Address
PO BOX 2668, ATLANTA, GA, 303012668
Website
www.gsufoundation.orgNTEE Category
Code: B110 - Education
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