Overview
What is University Of Central Ar Foundation Inc?
University of Central Ar Foundation Inc, based in Conway, Arkansas, is a nonprofit organization dedicated to advancing the goals of the University of Central Arkansas. Through soliciting and managing endowment funds, the foundation supports scholarships, university programs, and other university needs. Additionally, it distributes restricted funds for building projects and current operating needs. The University of Central Arkansas Foundation, Inc. meticulously manages private funds to enhance the academic institution's capabilities.
Official website here: www.uca.edu/foundation/
What are the reviews and ratings of this charity?
Charity Navigator rating: 97% (Four-Star out of Four Star rating)
The University of Central Arkansas Foundation Inc has achieved an impressive 97% rating from Charity Navigator, reflecting its high performance in accountability and finance. The foundation stands out with a fully independent board, exceptional management of financial statements, and no reported material diversion of assets, indicating a strong commitment to ethical governance and transparency.
Key strengths include its program expense ratio of 90.60%, which suggests that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the foundation's fundraising efficiency is notably high, with a cost of just $0.01 per dollar raised. These metrics demonstrate effective financial practices and a focus on maximizing impact.
While the foundation has shown remarkable strengths, it is important for potential donors to continue monitoring its ongoing performance and any changes in governance or financial health. Overall, the University of Central Arkansas Foundation Inc exemplifies a nonprofit dedicated to responsible management and mission-driven outcomes.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Central Ar Foundation Inc legitimate?
University Of Central Ar Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Central Ar 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
Professional Fundraising Fees: $17,469
Other Salaries and Wages: $293,974
For more financial information, click here
Official website here: www.uca.edu/foundation/
What is the mission statement of University Of Central Ar Foundation Inc?
The University of Central Arkansas Foundation Inc is dedicated to advancing the objectives of the University of Central Arkansas. It achieves this by managing and soliciting endowment funds for various university programs and needs, as well as distributing restricted funds for specific university initiatives. The foundation's primary goal is to support the university by securing and meticulously managing private funds. Last academic year, the foundation granted scholarships to 730 university students.
Official website here: www.uca.edu/foundation/
Who is the CEO of University Of Central Ar Foundation Inc?
Chad Hearne is the Chair of University Of Central Ar Foundation Inc.
Official website here: www.uca.edu/foundation/
What is the revenue of University Of Central Ar Foundation Inc?
University Of Central Ar Foundation Inc's revenue in 2022 was $12,983,167.
Official website here: www.uca.edu/foundation/
Who are the executives of University Of Central Ar Foundation Inc and what are their salaries?
There 100 volunteers at University Of Central Ar Foundation Inc.
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Official website here: www.uca.edu/foundation/
Where can I find the form 990 for University Of Central Ar Foundation Inc?
University Of Central Ar Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uca.edu/foundation/
Learn more at the official website: www.uca.edu/foundation/
Mission Statement of University Of Central Ar Foundation Inc
University of Central Ar Foundation Inc, a non-profit organization, is dedicated to advancing the objectives of University of Central Arkansas by managing and soliciting private funds. These funds are meticulously overseen and used to support various university initiatives, such as scholarships, programs, buildings, and current operating needs. The foundation's primary goal is to enhance the educational experience and opportunities available at the university through the careful management of donated resources.
In practice, University of Central Ar Foundation Inc has demonstrated its commitment to this mission by providing scholarships to 730 students attending University of Central Arkansas. By securing and allocating these financial resources, the foundation enables deserving students to pursue their academic goals and reduce the financial burden of higher education. Furthermore, the foundation's support extends beyond scholarships, as it also contributes to university programs and essential operating needs. By doing so, the University of Central Ar Foundation, Inc. plays a vital role in fostering the growth and development of University of Central Arkansas.
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Impact
October, 2024
The University of Central Arkansas Foundation Inc. plays a pivotal role in enhancing educational opportunities and supporting the broader mission of the University of Central Arkansas. By soliciting and managing endowment funds, the Foundation facilitates scholarships, university programs, and other essential needs that directly benefit students and faculty.
In a significant contribution to the academic community, the Foundation has provided scholarships to 730 students, helping to alleviate the financial burdens of higher education and enabling talented individuals to pursue their academic goals. The focus on securing and managing private funds allows for a sustainable model that not only addresses immediate needs but also supports long-term growth and innovation within the university.
Through its efforts, the Foundation strengthens the academic environment, promotes educational access, and enhances the overall quality of programs and initiatives at the University of Central Arkansas, thereby contributing to the development of a well-rounded, educated workforce in the region.
This information is meant to be a general summary of University Of Central Ar 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: $2,389,838
- Gross Receipts: $40,917,878
Assets and Liabilities:
- Total Assets: $76,302,395
- Total Liabilities: $11,032,295
- Net Assets: $65,270,100
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Organization Details
Founding Year
1981
Phone
(501) 450-5288Principal Officer
Chad Hearne
Main Address
UCA - 4986 201 DONAGHEY AVENUE, CONWAY, AR, 72035
Website
www.uca.edu/foundation/NTEE Category
Code: B43I - Education
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