Overview
What is University Of Chattanooga Foundation Inc?
The University of Chattanooga Foundation Inc, situated at 201 Alumni House, 615 McCallie Ave, Chattanooga, Tennessee 37403, is a nonprofit organization dedicated to supporting higher education. Specifically, they focus on undertaking special projects in collaboration with the University of Tennessee at Chattanooga. Their mission involves contributing to the advancement of education, aiming to enhance the university's capabilities and opportunities. With a workforce of 4 individuals, the foundation plays a significant role in promoting academic growth within the community.
What are the reviews and ratings of this charity?
The University Of Chattanooga Foundation Inc received a Three-Star out of Four Star rating of 89% from Charity Navigator, primarily due to its strong Accountability and Finance metrics. The foundation demonstrates solid governance with a fully independent board and comprehensive financial oversight practices, securing top scores in areas like board independence, financial audits, and conflict of interest policies.
This organization exhibits fiscal responsibility with no material asset diversions and a sound liabilities-to-assets ratio. It allocates a notable 70.72% of its expenses towards programs, reflecting its commitment to its educational mission. However, the fundraising efficiency ratio is less efficient at $0.29 per dollar, indicating room for improvement in fundraising strategies.
Despite the absence of scores for Impact & Measurement, Culture & Community, and Leadership & Adaptability, the foundation's Accountability & Finance beacon suggests a well-managed organization. A point for potential improvement is the absence of tax forms on their website, which could enhance transparency. With no user reviews on GreatNonprofits, further community feedback is currently unavailable.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Chattanooga Foundation Inc legitimate?
University Of Chattanooga Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Chattanooga 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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Other Salaries and Wages: $8,000
For more financial information, click here
What is the mission statement of University Of Chattanooga Foundation Inc?
The University of Chattanooga Foundation Inc's mission is centered around supporting higher education. More specifically, they focus on funding special projects within the University of Tennessee at Chattanooga. Their primary goal is to contribute to the enhancement of educational opportunities and experiences. By supporting these projects, they aim to contribute to the overall growth and development of the university and its students. The foundation's activities are geared towards fostering academic excellence and promoting innovation within the higher education sector.
Who is the CEO of University Of Chattanooga Foundation Inc?
Doug Brown is the Principal Officer of University Of Chattanooga Foundation Inc.
What is the revenue of University Of Chattanooga Foundation Inc?
University Of Chattanooga Foundation Inc's revenue in 2023 was $11,679,125.
Who are the executives of University Of Chattanooga Foundation Inc and what are their salaries?
The average compensation at University Of Chattanooga Foundation Inc during 2023 was $2,000. There are 4 employees and 100 volunteers at University Of Chattanooga Foundation Inc.
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Where can I find the form 990 for University Of Chattanooga Foundation Inc?
University Of Chattanooga Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of University Of Chattanooga Foundation Inc
The University of Chattanooga Foundation Inc, in its mission, focuses on supporting higher education by undertaking special projects. This nonprofit organization is dedicated to enhancing the educational offerings of the University of Tennessee at Chattanooga, thereby contributing to the growth and development of the academic community. By engaging in special projects, the University of Chattanooga Foundation Inc aims to elevate the educational standards and opportunities available at the University of Tennessee at Chattanooga.
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Impact
July, 2024
The University Of Chattanooga Foundation Inc's impact is centered on supporting higher education through special projects at the University of Tennessee at Chattanooga. They play a vital role in advancing educational opportunities and fostering a strong academic environment for students and faculty. Their dedication to educational excellence contributes to the overall growth and success of the university, benefiting the community and society as a whole.
This information is meant to be a general summary of University Of Chattanooga 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: $2,303,895
- Gross Receipts: $66,701,627
Assets and Liabilities:
- Total Assets: $238,636,483
- Total Liabilities: $43,477,430
- Net Assets: $195,159,053
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Organization Details
Founding Year
1969
Phone
(423) 425-4393Principal Officer
Doug Brown
Main Address
201 ALUMNI HOUSE 615 MCCALLIE AVE, CHATTANOOGA, TN, 37403
NTEE Category
Code: B11 - Education
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