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Fund For The European University At St Petersburg

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 593780793 ✦ Brunswick, ME ✦ Designated as a 501(c)(3)

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Overview

What is Fund For The European University At St Petersburg?

The Fund for the European University at St. Petersburg is a nonprofit organization situated in Brunswick, Maine, specifically at 37 Willow Grove Road. Its primary mission is to support the Yerevan Center for International Education (YCIE), an affiliate institution of the European University in St. Petersburg, located in Yerevan, Armenia. This support includes providing travel grants for scholars affiliated with the European University to visit universities outside Russia and for U.S. students and scholars to enroll in programs at U.S. universities in collaboration with the European University. The Fund also facilitates lectures and seminars in St. Petersburg. Currently, the establishment and operation of the Yerevan Center for International Education is the primary focus of the Fund's activities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Stars)

The Fund For The European University At St Petersburg has received a rating of 80%, reflecting a strong focus on accountability and finance. This rating is derived entirely from its Accountability & Finance score, which indicates a well-managed organization with sound financial practices. The charity excels in various aspects, including a completely independent board and a low liabilities to assets ratio, showcasing its commitment to financial integrity.

One of the notable strengths of this nonprofit is its high program expense ratio of 81.50%, suggesting that a significant portion of its funds is directed towards program-related activities rather than administrative costs. The organization has also implemented robust governance practices, including documented board meeting minutes and a clear conflict of interest policy, enhancing transparency and trust.

However, while the overall score is commendable, there may be areas for improvement that are not specified in the available data. Nonetheless, the charity's strong financial practices and governance structure contribute positively to its reputation within the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Fund For The European University At St Petersburg legitimate?

Fund For The European University At St Petersburg is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fund For The European University At St Petersburg 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

What is the mission statement of Fund For The European University At St Petersburg?

The Fund for the European University at St. Petersburg's mission is centered around assisting and supporting the Yerevan Center for International Education YCIE, a non-state institution of higher learning in Yerevan, Armenia. This affiliate institution of the European University at St. Petersburg, primarily focuses on the activities supported by the Fund. The mission encompasses providing travel grants to scholars affiliated with the European University for short-term visits to universities outside of Russia, as well as supporting U.S. students and scholars to enroll in programs at U.S. universities co-sponsored by the European University. Another significant aspect of their mission is the establishment and support for the new Yerevan Center for International Education.

Who is the CEO of Fund For The European University At St Petersburg?

William G Rosenberg is the Vice President of Fund For The European University At St Petersburg.

What is the revenue of Fund For The European University At St Petersburg?

Fund For The European University At St Petersburg's revenue in 2022 was $66,945.

Who are the executives of Fund For The European University At St Petersburg and what are their salaries?

There 10 volunteers at Fund For The European University At St Petersburg.


Here are 10 key members and their salaries:


Prof William G Rosenberg (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prof Harley Balzer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Sobel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prof Kevin M F Platt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prof Stephen Hanson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prof Ekaterina Pravilova (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Prof Simon Franklin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Rachel A Polonsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Sasson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Newton-Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fund For The European University At St Petersburg?

Fund For The European University At St Petersburg's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fund For The European University At St Petersburg

The Fund for the European University at St. Petersburg is an organization dedicated to supporting, aiding, and fulfilling various functions for the Yerevan Center for International Education (YCIE), a non-state institution of higher learning based in Yerevan, Armenia, which is an affiliate of the European University at St. Petersburg. The primary objective of the Fund is to engage in activities that are beneficial for the YCIE, which is currently the main focus of its supported activities.

To achieve this mission, the Fund provides travel grants to scholars affiliated with the European University at St. Petersburg, enabling them to attend universities outside of Russia for short-term visits or to participate in programs at U.S. universities that are co-sponsored by the European University. Additionally, the Fund supports U.S. students and scholars by offering them the opportunity to enroll in programs at U.S. universities that are co-sponsored by the European University, as well as inviting them to deliver lectures and seminars in St. Petersburg.

Another significant aspect of the Fund's mission is its support for the establishment of the new Yerevan Center for International Education, an affiliate institution of the European University. This new center is now the primary focus of the activities backed by the Fund for the European University of St. Petersburg. By providing such support, the Fund aims to contribute to the growth and development of the European University and its affiliated institutions, ultimately fostering educational opportunities and exchanges between Russia, Armenia, and the United States.

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Impact




October, 2024

The Fund For The European University At St Petersburg plays a significant role in facilitating academic collaboration and mobility. By providing travel grants to scholars affiliated with the European University at St Petersburg, the Fund enables these academics to engage in vital short-term visits to universities outside of Russia. This fosters academic exchange, enhances research opportunities, and broadens the educational experiences of both the visiting scholars and the host institutions.

Additionally, the Fund supports U.S. students and scholars, allowing them to enroll in co-sponsored programs at U.S. universities and participate in lectures and seminars in St. Petersburg. This not only enriches the academic environment at the European University but also strengthens ties between educational institutions in Russia and the United States.

A key focus of the Fund's activities is the establishment of the Yerevan Center for International Education in Armenia, an affiliate of the European University. This center serves as a vital hub for higher education in the region, expanding access to international curricula and fostering a new generation of scholars equipped to engage in global discourse. Overall, the Fund significantly impacts both local and international academic communities by promoting educational exchange and enhancing institutional collaborations across borders.




This information is meant to be a general summary of Fund For The European University At St Petersburg. 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.

Revenue
$66,945 (2022)
Expenses
$837,498 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $62,650
  • Gross Receipts: $1,088,065

Assets and Liabilities:

  • Total Assets: $14,836,459
  • Total Liabilities: $409,932
  • Net Assets: $14,426,527

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Organization Details

Founding Year

2005

Principal Officer

William G Rosenberg

Main Address

37 Willow Grove Road, Brunswick, ME, 04011

NTEE Category

Code: Q22 - International

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