Overview
What is Georgia College & State University Foundation Inc?
Georgia College & State University Foundation Inc is a nonprofit organization, located in Milledgeville, Georgia, with a focus on supporting the educational experience of students at Georgia College & State University. They achieve this by granting scholarships and providing educational resources, with the majority of their funding coming from private donations from alumni, friends, parents, corporations, and foundations. Their mission is to solicit, receive, and administer gifts and bequests for the advancement of the university, contributing to its overall excellence and offering an outstanding educational experience for its students. With a team of six employees, the foundation plays a significant role in enhancing the opportunities for higher education at Georgia College & State University.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Georgia College & State University Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. This rating is based entirely on a robust accountability and finance score, indicating that the organization operates with a strong commitment to transparency and effective financial management.
Strengths of the foundation include a fully independent board, which enhances governance and decision-making processes. The foundation also excelled in several financial metrics, including a low liabilities to assets ratio and high program expense ratio, indicating that a significant portion of resources is dedicated to its mission. Additionally, the organization demonstrates exceptional fundraising efficiency, with minimal costs associated with raising funds.
Despite these strengths, there are no noted limitations in the data provided, suggesting that the foundation maintains a solid reputation for financial integrity and effective governance. Overall, the Georgia College & State University Foundation Inc appears to be a well-managed nonprofit that prioritizes accountability and mission-driven work.
This AI summary has been generated from information found on Charity Navigator.
Is Georgia College & State University Foundation Inc legitimate?
Georgia College & State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia College & 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
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What is the mission statement of Georgia College & State University Foundation Inc?
Georgia College & State University Foundation Inc's mission is centered around encouraging, soliciting, receiving, and administering gifts and bequests. Their primary goal is to utilize these resources for the scientific, educational, and charitable purposes that contribute to the advancement of Georgia College & State University. Through these activities, they aim to enhance the educational experience for students by offering scholarships and educational support. The foundation's mission is instrumental in providing the necessary resources to maintain the overall excellence of Georgia College & State University.
Who is the CEO of Georgia College & State University Foundation Inc?
David J Fraboni Ii is the Executive Director of Georgia College & State University Foundation Inc.
What is the revenue of Georgia College & State University Foundation Inc?
Georgia College & State University Foundation Inc's revenue in 2023 was $3,755,055.
Who are the executives of Georgia College & State University Foundation Inc and what are their salaries?
There are 6 employees and 45 volunteers at Georgia College & State University Foundation Inc.
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Where can I find the form 990 for Georgia College & State University Foundation Inc?
Georgia College & State University Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Georgia College & State University Foundation Inc
Georgia College & State University Foundation Inc's mission is centered around encouraging, soliciting, and administering gifts and bequests. This nonprofit organization seeks to channel these donations towards fostering scientific, educational, and charitable purposes that ultimately enhance the Georgia College & State University. By receiving resources from alumni, friends, parents, corporations, and foundations, the foundation provides the essential funds necessary to offer an exceptional educational experience for students at Georgia College & State University, thereby improving the overall excellence of the institution.
In line with its mission, Georgia College & State University Foundation Inc focuses on granting scholarships and educational support activities to the university. This support aims to further the educational experience of the students by providing them with the necessary financial aid. By carrying out these activities, the foundation plays a significant role in ensuring that Georgia College & State University continues to offer high-quality education to its students, thereby contributing to their personal and academic growth.
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Impact
July, 2024
The impact of Georgia College & State University Foundation Inc is significant in furthering the educational experience of students at Georgia College & State University. Through the granting of scholarships and educational support activities, the foundation plays a crucial role in enhancing the overall excellence of the institution. Private gifts from alumni, friends, parents, corporations, and foundations provide the resources necessary to offer an outstanding educational experience for students at Georgia College & State University. By encouraging, soliciting, receiving, and administering gifts and bequests, the foundation contributes to the advancement of the university's scientific, educational, and charitable purposes.
This information is meant to be a general summary of Georgia College & 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 2023.
- Investment Income: $1,417,741
- Program Service Revenue: $118,378
- Gross Receipts: $5,088,378
Assets and Liabilities:
- Total Assets: $61,243,918
- Total Liabilities: $8,167,910
- Net Assets: $53,076,008
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DIRECT FINANCING LEASE INCOME
Revenue
$88,382
RENTAL INCOME
Revenue
$29,996
Organization Details
Founding Year
1960
Phone
(478) 445-5400Principal Officer
David J Fraboni Ii
Main Address
CAMPUS BOX 96, MILLEDGEVILLE, GA, 31061
NTEE Category
Code: B110 - Education
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