Overview
What is Florida Atlantic University Foundation Inc?
The Florida Atlantic University Foundation Inc, located at 777 Glades Road in Boca Raton, Florida, is a nonprofit organization dedicated to supporting Florida Atlantic University (FAU) within the Florida State University System. Through various payments, including guest lecturers, operational and conference expenses, travel, consulting, and events, the foundation provides vital resources to further FAU's missions and purposes. These funds are applied in the most effective manner to meet the evolving needs of the university.
Official website here: www.fauf.fau
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Florida Atlantic University Foundation Inc has earned a high rating of 96% from Charity Navigator, indicating strong performance in the areas of Accountability and Finance. This rating reflects the organization's commitment to transparency and responsible financial management, showcasing a majority independent board and robust oversight mechanisms.
The foundation demonstrates exceptional financial health, with a program expense ratio of 91.57%, indicating that a significant portion of its funds are directed towards its mission. Additionally, the fundraising efficiency ratio is impressive at $0.03, suggesting that the organization effectively utilizes resources to generate donations.
However, there are some noted limitations, including the absence of the audit report on the nonprofit's website and a missing donor privacy policy. While these issues do not significantly detract from the organization's overall performance, addressing them could further enhance transparency and trust among supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Atlantic University Foundation Inc legitimate?
Florida Atlantic University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Atlantic 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.fauf.fau
What is the mission statement of Florida Atlantic University Foundation Inc?
The Florida Atlantic University Foundation Inc. is dedicated to advancing Florida Atlantic University (FAU) by acquiring funds and resources for its benefit. This non-profit organization works towards furthering FAU's continuing missions and purposes in the most effective ways possible. It strives to ensure the proper application of these funds to best meet the evolving needs of FAU.
Official website here: www.fauf.fau
Who is the CEO of Florida Atlantic University Foundation Inc?
David Kian is the CEO of Florida Atlantic University Foundation Inc The CEO's salary of Florida Atlantic University Foundation Inc is $0 and their total compensation is $489,351.
Official website here: www.fauf.fau
What is the revenue of Florida Atlantic University Foundation Inc?
Florida Atlantic University Foundation Inc's revenue in 2024 was $49,842,509.
Official website here: www.fauf.fau
Who are the executives of Florida Atlantic University Foundation Inc and what are their salaries?
There 28 volunteers at Florida Atlantic University Foundation Inc.
Here are 26 key members and their salaries (Florida Atlantic University Foundation Inc's CEO's salary is $0 and their total compensation is $489,351):
- Compensation: $0
- Related: $576,920
- Other: $99,733
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $434,678
- Other: $54,673
- Compensation: $0
- Related: $197,813
- Other: $40,092
- Compensation: $0
- Related: $539,081
- Other: $48,513
Official website here: www.fauf.fau
Where can I find the form 990 for Florida Atlantic University Foundation Inc?
Florida Atlantic University Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.fauf.fau
Learn more at the official website: www.fauf.fau
Mission Statement of Florida Atlantic University Foundation Inc
The Florida Atlantic University Foundation Inc. is a dedicated organization that works tirelessly to support Florida Atlantic University (FAU), which is a part of the Florida State University System. Its primary mission is to encourage, promote, and provide funds and other resources for the benefit of FAU. This support is essential for FAU to continue its missions and purposes effectively. The Florida Atlantic University Foundation Inc. strives to secure these funds in the most suitable manner, adapting to the conditions of the time and the specific needs of FAU.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Florida Atlantic University Foundation Inc has a significant impact on the educational landscape at Florida Atlantic University by providing essential financial support and resources. Its operations include funding for guest lecturers, covering operational and conference expenses, travel, consulting, and hosting events, all aimed at enhancing the university's academic environment.
By securing these funds, the foundation promotes the growth and development of programming that enriches the educational experience, fostering a vibrant intellectual community. This targeted support enables Florida Atlantic University to attract distinguished speakers, advance research initiatives, and fulfill its mission to deliver quality education to its students, ultimately benefiting the local and broader academic community.
This information is meant to be a general summary of Florida Atlantic 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 2024.
- Investment Income: $9,797,907
- Program Service Revenue: $274,888
- Gross Receipts: $339,668,904
Assets and Liabilities:
- Total Assets: $416,051,768
- Total Liabilities: $53,507,741
- Net Assets: $362,544,027
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ALUMNI DUES
Revenue
$155,294
SPONSORSHIP REVENUE
Revenue
$119,594
Organization Details
If you are a representative of Florida Atlantic University Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.