Overview
What is The Jacksonville State University Foundation Inc?
The Jacksonville State University Foundation Inc, a nonprofit organization based at 700 Pelham Road North Rock House, Jacksonville, AL 36265, focuses on raising private funds to support Jacksonville State University's mission of excellence in education, research, and service. The foundation's primary goal is to maximize philanthropic contributions for the university and manage and invest donated funds responsibly. The foundation's work is instrumental in helping the university achieve its objectives with prudence, competence, and integrity.
Official website here: www.jsu.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 89% (Three-Star out of Four Stars)
The Jacksonville State University Foundation Inc has achieved an 89% score, which corresponds to a Three-Star rating from Charity Navigator, reflecting strong accountability and financial health. The rating underlines the foundation's commitment to transparency, with 100% of its board members being independent and a solid audit and oversight committee in place. The organization exhibits a high program expense ratio of 90.31%, indicating that a significant portion of its resources is directed toward its mission-driven activities.
Despite its strengths, there are areas for improvement. Notably, the foundation lacks a conflict of interest policy, which is a critical governance component that can enhance trust and accountability. While the foundation's liabilities to assets ratio scored lower at 49.69%, it still maintains a good level of financial stability.
Overall, the Jacksonville State University Foundation Inc demonstrates a strong financial management framework and a solid commitment to its educational mission, though addressing its governance policy could further bolster its accountability and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is The Jacksonville State University Foundation Inc legitimate?
The Jacksonville State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Jacksonville 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.
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.jsu.edu
What is the mission statement of The Jacksonville State University Foundation Inc?
The Jacksonville State University Foundation Inc is dedicated to encouraging and maximizing private gift support for Jacksonville State University. With prudence, competence, and integrity, the foundation manages and invests these gifts. The foundation's efforts aim to provide a strong groundwork for successful fundraising, enabling the university to fulfill its mission of excellence in education, research, and service. By securing generous donations, the foundation contributes significantly to the university's pursuit of academic and research advancements.
Official website here: www.jsu.edu
What is the revenue of The Jacksonville State University Foundation Inc?
The Jacksonville State University Foundation Inc's revenue in 2023 was $15,706,098.
Official website here: www.jsu.edu
Who are the executives of The Jacksonville State University Foundation Inc and what are their salaries?
There 25 volunteers at The Jacksonville State University Foundation Inc.
Here are 26 key members and their salaries:
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Official website here: www.jsu.edu
Where can I find the form 990 for The Jacksonville State University Foundation Inc?
The Jacksonville State University Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.jsu.edu
Learn more at the official website: www.jsu.edu
Mission Statement of The Jacksonville State University Foundation Inc
The Jacksonville State University Foundation, a nonprofit organization, is dedicated to enhancing private gift support for Jacksonville State University. With a mission to encourage and maximize such donations, the Foundation carefully manages and invests these gifts with prudence, competence, and integrity. By doing so, it lays the groundwork for future fundraising success, enabling the university to further its commitment to excellence in education, research, and service. The Foundation's efforts are instrumental in securing the financial resources necessary for Jacksonville State University to thrive and achieve its goals.
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Impact
October, 2024
The Jacksonville State University Foundation Inc plays a crucial role in enhancing the resources available to Jacksonville State University. By maximizing private gift support, the Foundation ensures that the university can continue to fulfill its mission of excellence in education, research, and service.
Through strategic fundraising efforts and careful management of donations, the Foundation lays the groundwork for long-term success and sustainability, enabling the university to thrive in its educational initiatives. The impact of the Foundation is evident in the enhanced opportunities for students, faculty, and the broader community, fostering an environment where academic achievement and innovative research can flourish. By encouraging generous support and investing gifts with prudence, competence, and integrity, the Foundation significantly contributes to the growth and vitality of Jacksonville State University and its mission.
This information is meant to be a general summary of The Jacksonville 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: $2,702,531
- Program Service Revenue: $4,579,287
- Gross Receipts: $32,161,340
Assets and Liabilities:
- Total Assets: $92,436,388
- Total Liabilities: $45,934,302
- Net Assets: $46,502,086
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FITNESS & WELLNESS CENTER INCOME
Revenue
$4,235,000
DEPARTMENT MANAGEMENT FEE INCOME
Revenue
$344,287
Organization Details
Founding Year
1978
Principal Officer
Kenneth Howell
Website
www.jsu.eduNTEE Category
Code: B110 - Education
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