Overview
What is Henderson State University Foundation?
The Henderson State University Foundation is a nonprofit organization, situated in Arkadelphia, Arkansas (PO Box 7550). Its primary mission is to support the educational mission of Henderson State University by receiving, soliciting, and managing funds and resources. During the fiscal year ending June 30, 2022, the foundation awarded over 300 scholarships to the university's students. By providing resources beyond public funding, the foundation aims to strengthen and enrich the educational experience at Henderson State University.
Official website here: www.hsu.edu/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Stars)
The Henderson State University Foundation has received a solid Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The foundation's score is derived entirely from its accountability metrics, showcasing a commendable commitment to transparency and responsible financial management. With a focus on independence, the board consists of 100% independent members, which enhances its governance structure.
Strengths include a high program expense ratio of 91.30%, suggesting that a significant portion of its expenses is directed toward its mission-related activities. Additionally, the foundation has a robust audit and oversight framework, with a well-documented conflict of interest policy. The lack of material diversions of assets further reflects its fiscal integrity.
However, the foundation does have areas that require improvement, notably the absence of a whistleblower policy. While this does not overshadow its overall accountability score, it is a critical component of good governance that could bolster trust among stakeholders. Overall, the Henderson State University Foundation demonstrates strong financial practices but should address governance gaps to enhance its rating further.
This AI summary has been generated from information found on Charity Navigator.
Is Henderson State University Foundation legitimate?
Henderson State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Henderson 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: $108,227
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hsu.edu/foundation/
What is the mission statement of Henderson State University Foundation?
The Henderson State University Foundation's primary role is to support the educational mission of Henderson State University. It accomplishes this by receiving, soliciting, accepting, and holding funds, as well as administering, investing, and disbursing these resources. The foundation's objective is to provide resources that are not covered by public funds for the university. During the fiscal year ending June 30, 2022, over 300 scholarships were awarded to students at Henderson State University, demonstrating its commitment to supporting the university's students.
Official website here: www.hsu.edu/foundation/
Who is the CEO of Henderson State University Foundation?
Tina Hall is the Chair of Henderson State University Foundation.
Official website here: www.hsu.edu/foundation/
What is the revenue of Henderson State University Foundation?
Henderson State University Foundation's revenue in 2022 was $4,206,490.
Official website here: www.hsu.edu/foundation/
Who are the executives of Henderson State University Foundation and what are their salaries?
There 11 volunteers at Henderson State University Foundation.
Here are 13 key members and their salaries:
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- Compensation: $31,776
- Related: $67,224
- Other: $27,720
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- Related: $40,000
- Other: $11,200
Official website here: www.hsu.edu/foundation/
Where can I find the form 990 for Henderson State University Foundation?
Henderson State University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hsu.edu/foundation/
Learn more at the official website: www.hsu.edu/foundation/
Mission Statement of Henderson State University Foundation
The Henderson State University Foundation serves a crucial role in supporting the educational mission of Henderson State University. Its primary purpose is to collect, manage, and distribute funds and resources that are not provided by public funds. The foundation receives, solicits, accepts, holds, administers, invests, and disburses property and funds for the betterment of the university. By doing so, it provides Henderson State University with additional resources to enhance its educational offerings.
During the fiscal year ending on June 30, 2022, the Henderson State University Foundation awarded over 300 scholarships to deserving students at the university. This demonstrates its commitment to helping students access higher education, even if they may not have the financial means to do so on their own. By providing scholarships, the foundation enables talented and hardworking students to pursue their dreams and contribute to society in meaningful ways.
In essence, the Henderson State University Foundation acts as a vital partner to the university, helping to bridge the gap between public funding and the university's educational needs. By providing resources that are not otherwise available, the foundation enables Henderson State University to offer a richer and more diverse educational experience to its students, thereby preparing them for successful careers and fulfilling lives.
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Impact
July, 2024
Henderson State University Foundation's impact lies in providing critical resources to Henderson State University that are not covered by public funds. Through the awarding of over 300 scholarships to students during the year ended June 30, 2022, the Foundation significantly aids in the pursuit of higher education for deserving individuals. This support directly contributes to the educational mission of Henderson State University, enabling students to access opportunities that may not have been possible otherwise.
This information is meant to be a general summary of Henderson 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: $584,752
- Gross Receipts: $12,400,538
Assets and Liabilities:
- Total Assets: $24,967,380
- Total Liabilities: $297,337
- Net Assets: $24,670,043
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Organization Details
Founding Year
1980
Phone
(870) 230-5347Principal Officer
Tina Hall
Main Address
PO BOX 7550, ARKADELPHIA, AR, 71999
Website
www.hsu.edu/foundation/NTEE Category
Code: B99 - Education
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