Overview
What is Arkansas State University System Foundation Inc?
The Arkansas State University System Foundation Inc, based in State University, Arkansas, is a nonprofit organization dedicated to raising funds and managing endowments to support the various activities, operations, sites, and facilities within the Arkansas State University System. By receiving donations from individuals, organizations, foundations, government agencies, and private businesses, the Foundation ensures the financial resources necessary for the Corporation's educational, scientific, literary, research, and service endeavors. The Foundation acts as a crucial intermediary, administering and investing the gifts received and distributing them to benefit all the Arkansas State University System campuses.
Official website here: www.astatefoundation.org
Is Arkansas State University System Foundation Inc legitimate?
Arkansas State University System Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas State University System 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: $234,164
Professional Fundraising Fees: $0
Other Salaries and Wages: $117,932
For more financial information, click here
Official website here: www.astatefoundation.org
What is the mission statement of Arkansas State University System Foundation Inc?
The Arkansas State University System Foundation Inc serves as a crucial intermediary, receiving and managing donations for various educational, scientific, literary, research, and service activities. These contributions, sourced from individuals, organizations, foundations, government agencies, and private businesses, are used to support the wider activities of the Arkansas State University System. The Foundation's role extends to administering, investing, and disbursing these funds for the benefit of all the system's campuses, operations, sites, and facilities.
Official website here: www.astatefoundation.org
Who is the CEO of Arkansas State University System Foundation Inc?
Nicole Frey is the Board Chair of Arkansas State University System Foundation Inc.
Official website here: www.astatefoundation.org
What is the revenue of Arkansas State University System Foundation Inc?
Arkansas State University System Foundation Inc's revenue in 2022 was $12,203,394.
Official website here: www.astatefoundation.org
Who are the executives of Arkansas State University System Foundation Inc and what are their salaries?
There 14 volunteers at Arkansas State University System Foundation Inc.
Here are 14 key members and their salaries:
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- Compensation: $149,090
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Official website here: www.astatefoundation.org
Where can I find the form 990 for Arkansas State University System Foundation Inc?
Arkansas State University System Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.astatefoundation.org
Learn more at the official website: www.astatefoundation.org
Mission Statement of Arkansas State University System Foundation Inc
Arkansas State University System Foundation Inc, a charitable organization, is dedicated to securing financial support for the betterment of all Arkansas State University System campuses. By receiving, soliciting, and accepting donations from individuals, organizations, foundations, government agencies, and private businesses, the Foundation plays a crucial role in managing and investing these funds to boost educational, scientific, literary, research, and service activities within the University System.
In essence, the Foundation serves as a vital link between the Arkansas State University System and its supporters, providing a platform for philanthropic contributions that ultimately contribute to the overall growth and success of the University System's operations, sites, and facilities. The Foundation meticulously administers endowments and other gifts, ensuring their effective utilization for the benefit of the University System.
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Impact
October, 2024
Arkansas State University System Foundation Inc plays a pivotal role in enhancing the educational landscape within the Arkansas State University System. By actively soliciting, managing, and distributing resources, the foundation supports a wide array of educational, scientific, literary, and research initiatives across multiple campuses. This involvement ensures that students and faculty have access to vital funding for their projects and educational programs, directly impacting the quality of education and learning opportunities available.
The foundation manages endowments that benefit the operations, sites, and facilities of the university system, paving the way for improved infrastructure and a more conducive learning environment. By collaborating with individuals, organizations, foundations, government agencies, and private businesses, the foundation not only amplifies its resource base but also fosters community engagement and partnership that enrich the university experience.
Through its commitment to invest in the future of education, the Arkansas State University System Foundation Inc cultivates a culture of research and innovation that enhances the academic reputation of the university system. This ongoing support plays a crucial role in shaping a robust educational ecosystem that benefits students, faculty, and the broader community, ultimately contributing to the socio-economic advancement of the region.
This information is meant to be a general summary of Arkansas State University System 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: $5,470,477
- Gross Receipts: $54,149,945
Assets and Liabilities:
- Total Assets: $121,901,814
- Total Liabilities: $14,275,190
- Net Assets: $107,626,624
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Organization Details
Founding Year
1977
Phone
(870) 972-2775Principal Officer
Nicole Frey
Main Address
PO BOX 1990, STATE UNIVERSITY, AR, 72467
Website
www.astatefoundation.orgNTEE Category
Code: B110 - Education
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