Overview
What is University Of Central Florida Foundation Inc?
The University of Central Florida Foundation Inc, located at 12424 Research Parkway Suite 140, Orlando, Florida, is a charitable organization dedicated to raising funds to support UCF's athletics program. Through initiatives like The Chargeon Fund, they aim to provide student-athletes with a championship-level experience, allowing them to excel in academics and community involvement. Over the past 30 consecutive semesters, the average GPA for student-athletes has surpassed a 3.0 benchmark, with 48 students achieving a perfect 4.0 GPA in the Fall 2022 semester. As UCF becomes one of the four schools to join the Big 12 Conference in 2023, the organization seeks to expand its donor base through its Mission XII project. In the previous fiscal year, over 10,000 supporters contributed to UCF Athletics, a number projected to grow as the university enters a new conference. The UCF Foundation serves to encourage, steward, and celebrate charitable contributions from alumni and friends to benefit the University of Central Florida.
Official website here: www.ucffoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
The University of Central Florida Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial practices. The foundation's overall score is based entirely on its accountability and finance metrics, where it excels, particularly with a high percentage of independent board members and a robust audit and oversight committee.
The organization has demonstrated a commitment to transparency and good governance, evidenced by its detailed policies and the public availability of financial documents. Notably, there has been no material diversion of assets, and the foundation maintains a well-structured board, contributing to its strong financial health with a low liabilities-to-assets ratio.
However, while the foundation's program expense ratio is commendable, it could improve as it currently stands at 63.91%, suggesting that a higher proportion of funds could be directed towards its programs. Overall, the University of Central Florida Foundation Inc showcases strong financial management and accountability, making it a reliable choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Central Florida Foundation Inc legitimate?
University Of Central Florida Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Central Florida 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: $1,337,597
Professional Fundraising Fees: $67,645
Other Salaries and Wages: $8,410,113
For more financial information, click here
Official website here: www.ucffoundation.org
What is the mission statement of University Of Central Florida Foundation Inc?
The University of Central Florida Foundation Inc encourages, stewards, and celebrates charitable contributions from alumni and friends to support the University of Central Florida. The Foundation plays a crucial role in raising funds to enhance the academic and athletic experiences of UCF's student-athletes. UCF student-athletes consistently excel in their academic pursuits, with an average GPA exceeding 3.0 for the past 30 consecutive semesters. In the 2022 fall semester, 48 student-athletes achieved a perfect 4.0 GPA. As UCF joins the Big 12 Conference in 2023, the Foundation aims to expand its donor base through the Mission XII initiative. Last fiscal year, over 10,000 UCF Athletics donors contributed to the cause, and this number is anticipated to grow as the university enters a new conference.
Official website here: www.ucffoundation.org
Who is the CEO of University Of Central Florida Foundation Inc?
Rodney M Grabowski is the Director of University Of Central Florida Foundation Inc. The CEO's salary of University Of Central Florida Foundation Inc is $0 and their total compensation is $374,838.
Official website here: www.ucffoundation.org
What is the revenue of University Of Central Florida Foundation Inc?
University Of Central Florida Foundation Inc's revenue in 2022 was $73,785,645.
Official website here: www.ucffoundation.org
Who are the executives of University Of Central Florida Foundation Inc and what are their salaries?
There 3395 volunteers at University Of Central Florida Foundation Inc.
Here are 41 key members and their salaries (University Of Central Florida Foundation Inc's CEO's salary is $0 and their total compensation is $374,838):
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- Other: $38,685
Official website here: www.ucffoundation.org
Where can I find the form 990 for University Of Central Florida Foundation Inc?
University Of Central Florida Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ucffoundation.org
Learn more at the official website: www.ucffoundation.org
Mission Statement of University Of Central Florida Foundation Inc
University of Central Florida Foundation Inc is a charitable organization that encourages, stewards, and celebrates contributions from alumni and friends to support the University of Central Florida (UCF). The UCF Foundation plays a vital role in raising funds to ensure UCF's student-athletes continue to excel in competition, the classroom, and the community.
The UCF Foundation's mission is to generate philanthropic support for the university. Through various initiatives, the organization has been successful in encouraging donations to enhance the UCF athletics program. These donations enable student-athletes to experience a championship-level environment, both on and off the field. In the classroom, UCF student-athletes consistently perform well, with an average GPA exceeding a 3.0 benchmark for the past 30 consecutive semesters. This is an impressive feat, making UCF among a select few schools.
Moreover, 48 student-athletes earned a perfect 4.0 GPA in the Fall 2022 semester, demonstrating their academic dedication. As UCF prepares to join the Big 12 Conference in 2023, the UCF Foundation seeks to expand its donor base through Mission XII, aiming to raise funds for the university's continued growth and success. With over 10,000 donors supporting UCF athletics during the last fiscal year, the Foundation anticipates this number will grow as the university enters the Big 12. By fostering a strong sense of community and a shared commitment to the university, the University of Central Florida Foundation Inc plays a crucial role in enhancing the UCF student experience.
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Impact
October, 2024
The University of Central Florida Foundation Inc significantly enhances the experience and performance of UCF's student-athletes through its dedicated efforts to encourage and celebrate contributions from alumni and friends. By providing financial support for athletics, the foundation ensures that these students can participate in a championship-level program that emphasizes excellence both in competition and academics.
The continued financial backing has led to impressive academic achievements, with UCF student-athletes maintaining an average GPA exceeding 3.0 for 30 consecutive semesters—the longest streak in the university's history. Notably, 48 student-athletes achieved a perfect 4.0 GPA in the fall 2022 semester.
As UCF transitions into the Big 12 Conference in 2023, the foundation is actively working to expand its donor base through initiatives like Mission XII. Last fiscal year alone, over 10,000 donors contributed to support the athletic program, a number expected to grow as the university elevates its profile in collegiate sports. This combination of academic rigor and athletic competitiveness not only enriches the students' university experience but also celebrates the community's investment in their futures.
This information is meant to be a general summary of University Of Central Florida 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: $11,338,271
- Program Service Revenue: $912,348
- Gross Receipts: $311,307,476
Assets and Liabilities:
- Total Assets: $583,855,216
- Total Liabilities: $180,520,608
- Net Assets: $403,334,608
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUES
Revenue
$912,348
Organization Details
Founding Year
1968
Phone
(407) 882-1220Principal Officer
Rodney M Grabowski
Main Address
12424 RESEARCH PARKWAY SUITE 140, ORLANDO, FL, 32826
Website
www.ucffoundation.orgNTEE Category
Code: B110 - Education
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