Overview
What is Austin Peay State University Foundation?
The Austin Peay State University Foundation, based in Clarksville, Tennessee (PO Box 4635), is a charitable organization dedicated to funding scholarships, awards, and resources for various educational initiatives at Austin Peay State University. The foundation's mission is geared towards providing financial assistance and other essential means to enhance the academic experience for students and foster educational growth within the university community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Stars)
The Austin Peay State University Foundation has received an overall rating of 85%, indicating a strong performance in accountability and finance. With a three-star rating, the foundation has demonstrated solid management practices and transparency in its financial dealings, which is essential for maintaining donor trust and support.
Among its strengths, the foundation boasts a fully independent board with 33 members, scoring the maximum points for board independence. Additionally, the foundation has established robust financial oversight mechanisms, including an audit committee, and has no reported issues regarding the diversion of assets or conflicts of interest. These factors contribute positively to its financial health, reflected in favorable ratios for liabilities and working capital.
However, while the foundation excels in accountability and finance, details on its programmatic effectiveness or community impact are not provided in this rating. Potential donors or stakeholders may want to seek additional information regarding the foundation's overall mission and specific outcomes achieved through its funding efforts.
This AI summary has been generated from information found on Charity Navigator.
Is Austin Peay State University Foundation legitimate?
Austin Peay State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Austin Peay State University Foundation 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:
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What is the mission statement of Austin Peay State University Foundation?
The Austin Peay State University Foundation plays a crucial role in supporting the educational pursuits of the university. Its mission encompasses providing scholarships, awards, and financial resources for various educational purposes within the institution. Through these initiatives, the foundation enables students to access opportunities that may otherwise be out of reach, thereby enhancing their academic journey. The foundation's assistance helps ensure a diverse and talented student body, ultimately contributing to the academic and social enrichment of the university community.
Who is the CEO of Austin Peay State University Foundation?
Thomas Bates is the President of Austin Peay State University Foundation.
What is the revenue of Austin Peay State University Foundation?
Austin Peay State University Foundation's revenue in 2022 was $25,787,148.
Who are the executives of Austin Peay State University Foundation and what are their salaries?
There 25 volunteers at Austin Peay State University Foundation.
Here are 11 key members and their salaries:
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Where can I find the form 990 for Austin Peay State University Foundation?
Austin Peay State University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Austin Peay State University Foundation
Austin Peay State University Foundation is a charitable organization that plays a significant role in the educational community. Its mission is geared towards providing scholarships, awards, and financial support for various educational purposes within Austin Peay State University (APSU). The foundation's primary goal is to make higher education more accessible and affordable for students.
In more detail, the Austin Peay State University Foundation acts as a vital partner to the university by providing essential funds to enhance the educational experience for students. It offers scholarships and awards to meritious students, helping them to pursue their academic dreams. Furthermore, the foundation supports other APSU educational initiatives by supplying monies when required.
This nonprofit organization's commitment to education goes beyond just financially supporting students. By providing scholarships and awards, the Austin Peay State University Foundation recognizes and rewards academic excellence, encouraging students to reach their full potential. This, in turn, contributes to the overall growth and development of the university community.
Through its philanthropic efforts, the Austin Peay State University Foundation significantly impacts the lives of students and the university as a whole. By empowering students with the financial resources they need, the foundation opens doors to opportunities that might otherwise be out of reach. In this way, the organization plays a pivotal role in ensuring that deserving students have access to a quality education and can make the most of their time at APSU.
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Impact
October, 2024
The Austin Peay State University Foundation significantly impacts the educational landscape by providing vital scholarships, awards, and funding for various academic programs at APSU. By supporting students financially, the Foundation helps alleviate the burden of tuition costs, making higher education more accessible. This support fosters academic achievement and empowers students to pursue their educational goals without the hindrance of financial constraints. Additionally, the Foundation's contributions to educational purposes enhance the overall learning environment, ensuring that APSU remains a thriving institution dedicated to excellence in education. Located in Clarksville, TN, the Foundation plays a crucial role in shaping the future of its students and the community as a whole.
This information is meant to be a general summary of Austin Peay State University Foundation. 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: $2,147,169
- Gross Receipts: $32,192,408
Assets and Liabilities:
- Total Assets: $70,932,999
- Total Liabilities: $989,346
- Net Assets: $69,943,653
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Organization Details
Founding Year
1976
Phone
(931) 648-7691Principal Officer
Thomas Bates
Main Address
PO BOX 4635, CLARKSVILLE, TN, 37044
NTEE Category
Code: B43I - Education
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