Overview
What is Southwestern Oklahoma State University Foundation Inc?
Southwestern Oklahoma State University Foundation Inc is a nonprofit organization located at 100 Campus Drive, Weatherford, OK 73096. Its primary mission is to aid Southwestern Oklahoma State University in expanding its capabilities beyond state funding limits and providing financial assistance to students in the form of scholarships for their university attendance. By raising additional resources, the foundation aims to enhance the educational opportunities and experiences for students at Southwestern Oklahoma State University.
Official website here: www.swosu.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Southwestern Oklahoma State University Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability and Finance. With a perfect score in several key areas, the foundation demonstrates a high level of transparency and effective financial management, making it a reliable choice for donors.
One of the foundation's notable strengths is its governance structure, featuring a fully independent board. This independence is crucial as it enhances the integrity and commitment to the organization's mission. Further, the foundation's financial health is evidenced by a low liabilities to assets ratio and a high program expense ratio, indicating that a significant portion of its resources is directed towards its intended programs rather than administrative costs.
While the foundation excels in accountability and financial efficiency, potential donors may still want to consider additional qualitative aspects such as the organization's program impact and community engagement. Overall, the foundation's financial practices and governance are commendable, making it a trustworthy nonprofit in the educational sector.
This AI summary has been generated from information found on Charity Navigator.
Is Southwestern Oklahoma State University Foundation Inc legitimate?
Southwestern Oklahoma State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwestern Oklahoma State University 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:
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For more financial information, click here
Official website here: www.swosu.edu
What is the mission statement of Southwestern Oklahoma State University Foundation Inc?
The Southwestern Oklahoma State University Foundation Inc's mission is centered around aiding the university in its pursuit of growth beyond its financial capabilities with state funds. The organization's primary goal is to provide financial assistance to students in the form of scholarships, enabling them to attend Southwestern Oklahoma State University. By doing so, the foundation contributes to the university's advancement and supports the academic journeys of its students.
Official website here: www.swosu.edu
Who is the CEO of Southwestern Oklahoma State University Foundation Inc?
Garrett King is the Executive Dir. of Southwestern Oklahoma State University Foundation Inc.
Official website here: www.swosu.edu
What is the revenue of Southwestern Oklahoma State University Foundation Inc?
Southwestern Oklahoma State University Foundation Inc's revenue in 2022 was $4,404,219.
Official website here: www.swosu.edu
Who are the executives of Southwestern Oklahoma State University Foundation Inc and what are their salaries?
There 21 volunteers at Southwestern Oklahoma State University Foundation Inc.
Here are 22 key members and their salaries:
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Official website here: www.swosu.edu
Where can I find the form 990 for Southwestern Oklahoma State University Foundation Inc?
Southwestern Oklahoma State University Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.swosu.edu
Learn more at the official website: www.swosu.edu
Mission Statement of Southwestern Oklahoma State University Foundation Inc
Southwestern Oklahoma State University Foundation Inc's mission is centered around supporting Southwestern Oklahoma State University in its quest to surpass its potential with state funds. The primary objective of the foundation is to provide financial assistance in the form of scholarships to students, aiding them in meeting their tuition and fee expenses, enabling them to attend Southwestern Oklahoma State University. By doing so, the foundation aims to contribute to the university's growth and development, going beyond the constraints of state funding. This mission serves to empower the students and the university, ultimately contributing to a broader educational landscape.
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Impact
July, 2024
Southwestern Oklahoma State University Foundation Inc's impact is significant in helping Southwestern Oklahoma State University raise the resources needed for the university to advance beyond what is possible with state funds. Additionally, the foundation assists students with tuition and fees in the form of scholarships for attendance at Southwestern Oklahoma State University. This support plays a crucial role in advancing higher education opportunities and helping students pursue their academic goals.
This information is meant to be a general summary of Southwestern Oklahoma State University 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: $1,703,468
- Program Service Revenue: $39,427
- Gross Receipts: $17,461,718
Assets and Liabilities:
- Total Assets: $28,142,774
- Total Liabilities: $686,655
- Net Assets: $27,456,119
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
University Dept Activites
Revenue
$39,427
Organization Details
Founding Year
1974
Phone
(580) 774-3267Principal Officer
Garrett King
Main Address
100 CAMPUS DRIVE, WEATHERFORD, OK, 73096
Website
www.swosu.eduNTEE Category
Code: B110 - Education
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