Overview
What is Delta State University Foundation?
Delta State University Foundation is a private, nonprofit organization headquartered in Cleveland, Mississippi. Established with the goal of supporting and enhancing Delta State University, the foundation primarily raises funds through public support and investment income. Its primary activities include promoting academic programs, providing faculty and staff development opportunities, offering student scholarships, and aiding with financial aid. The foundation's mission is to foster growth, development, and improvement at Delta State University, with a special focus on academic quality. By dedicating resources to these areas, the Delta State University Foundation aims to enrich the experiences and opportunities for the university's faculty, staff, and students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Delta State University Foundation has received a Three-Star rating from Charity Navigator, indicating a solid level of financial health and accountability. With an overall score of 82%, the foundation demonstrates strong governance practices, highlighted by its fully independent board and comprehensive conflict of interest and whistleblower policies.
The foundation excels in financial metrics, boasting an 80.78% program expense ratio, which reflects a commitment to directing funds toward its mission rather than administrative costs. Additionally, its fundraising efficiency ratio of $0.09 indicates effective fundraising practices, ensuring that a significant portion of donations is utilized for programmatic purposes. The organization also maintains a robust working capital ratio, ensuring long-term operational stability.
However, while the foundation has not reported any material diversion of assets or liabilities, it is important for potential donors to continue monitoring its financial practices and program outcomes to ensure ongoing effectiveness. Overall, the Delta State University Foundation demonstrates a commendable commitment to transparency and responsible financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Delta State University Foundation legitimate?
Delta State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delta 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $663,590
For more financial information, click here
What is the mission statement of Delta State University Foundation?
The Delta State University Foundation was established with a mission to support and enhance the academic programs at Delta State University. As a private nonprofit organization, its primary objective is to foster growth, development, and improvement of the university, its faculty, staff, and students, with a special focus on academic quality. This is achieved through the solicitation, professional management, and prudent disbursement of invested funds and other gifts derived from private sources. The foundation's activities primarily involve supporting and promoting the academic programs and student development initiatives of Delta State University. This includes offering faculty and staff development opportunities, providing scholarships and financial aid to students, and contributing to enrichment activities that benefit the university community.
Who is the CEO of Delta State University Foundation?
Rick Munroe is the Emeritus of Delta State University Foundation.
What is the revenue of Delta State University Foundation?
Delta State University Foundation's revenue in 2022 was $4,479,286.
Who are the executives of Delta State University Foundation and what are their salaries?
Here are 36 key members and their salaries:
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Where can I find the form 990 for Delta State University Foundation?
Delta State University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Delta State University Foundation
The Delta State University Foundation, a private nonprofit organization, is committed to the growth, development, and enhancement of Delta State University and its community. Their primary focus is on enriching the academic programs and student development initiatives at the university, drawing revenue primarily from public support and investment income. Their mission involves soliciting, professionally managing, and prudently disbursing funds and gifts derived from private sources, with a special emphasis on improving academic quality. The Delta State University Foundation supports various programs and services aimed at promoting academic excellence and student development, including faculty and staff development, scholarships, and financial aid. These enrichment activities are instrumental in fostering an environment conducive to learning and personal growth among the university's students.
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Impact
July, 2024
The Delta State University Foundation is dedicated to supporting and promoting the academic programs at Delta State University, aiming to enhance the growth and development of the university, its faculty, staff, and students. The Foundation's activities primarily focus on providing enrichment opportunities such as faculty and staff development, student scholarships, and financial aid. Through solicitation, professional management, and prudent disbursement of funds derived from private sources, the Foundation contributes significantly to fostering academic quality at Delta State University.
This information is meant to be a general summary of Delta 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: $19,395
- Gross Receipts: $4,479,286
Assets and Liabilities:
- Total Assets: $43,199,593
- Total Liabilities: $3,049,123
- Net Assets: $40,150,470
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Organization Details
Founding Year
1967
Phone
(662) 846-4665Principal Officer
Rick Munroe
Main Address
PO BOX 3141 DSU, CLEVELAND, MS, 38733
NTEE Category
Code: B80 - Education
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