Overview
What is Oklahoma State University Foundation?
The Oklahoma State University Foundation is a nonprofit organization based in Stillwater, Oklahoma. With a team of 205 employees, they primarily focus on raising funds for student scholarships and accepting most in-kind donations for the university. These funds are allocated towards various programs that support the university's overall purpose and objectives, enhancing student life in various aspects. These areas include academic affairs, performing arts, international and diversity studies, residential life, student affairs, and other instructive programs. The Foundation's mission is to unite donor passions with university priorities, amplifying the impact of Oklahoma State University.
Official website here: www.osugiving.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Oklahoma State University Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's overall score is entirely derived from its accountability and finance metrics, which is notably high at 95%. The foundation is recognized for its majority independent board, robust financial oversight, and the absence of material asset diversion.
Strengths of the foundation include a solid program expense ratio of 75.23%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. The organization also demonstrates excellent fundraising efficiency, with only $0.10 spent to raise each dollar. Additionally, its liabilities to assets ratio is commendable at 4.43%, showcasing a stable financial position.
Limitations noted in the data are minimal, as the foundation exhibits strong governance practices, including various policies related to conflict of interest and whistleblower protections. Overall, the Oklahoma State University Foundation is positioned as a financially responsible and well-managed organization dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Oklahoma State University Foundation legitimate?
Oklahoma State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oklahoma 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: $1,810,290
Professional Fundraising Fees: $790,004
Other Salaries and Wages: $14,322,277
For more financial information, click here
Official website here: www.osugiving.com
What is the mission statement of Oklahoma State University Foundation?
The Oklahoma State University Foundation functions with the goal of aligning donor passions with the university's priorities, ultimately amplifying the impact of Oklahoma State University. They allocate funds donated for scholarships and gifts-in-kind, which in turn support programs that enhance overall university objectives and enhance student life. These areas include academic affairs, performing arts, international and diversity studies, residential life, student affairs, and various instructive programs.
Official website here: www.osugiving.com
What is the revenue of Oklahoma State University Foundation?
Oklahoma State University Foundation's revenue in 2024 was $242,666,413.
Official website here: www.osugiving.com
Who are the executives of Oklahoma State University Foundation and what are their salaries?
The average compensation at Oklahoma State University Foundation during 2024 was $73,665. There are 219 employees and 100 volunteers at Oklahoma State University Foundation.
Here are 32 key members and their salaries:
- Compensation: $443,494
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- Other: $68,843
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- Compensation: $287,139
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- Other: $62,538
- Compensation: $318,474
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- Other: $30,320
- Compensation: $194,941
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- Other: $41,391
- Compensation: $206,064
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- Other: $32,822
- Compensation: $185,751
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- Other: $52,889
- Compensation: $194,689
- Related: $0
- Other: $51,101
- Compensation: $195,873
- Related: $0
- Other: $41,991
- Compensation: $0
- Related: $550,699
- Other: $70,235
- Compensation: $191,509
- Related: $0
- Other: $33,949
- Compensation: $288,672
- Related: $0
- Other: $60,153
- Compensation: $0
- Related: $557,668
- Other: $72,747
Official website here: www.osugiving.com
Where can I find the form 990 for Oklahoma State University Foundation?
Oklahoma State University Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.osugiving.com
Learn more at the official website: www.osugiving.com
Mission Statement of Oklahoma State University Foundation
The Oklahoma State University Foundation plays a pivotal role in aligning donor passions with the priorities of Oklahoma State University. Its mission is to elevate the impact of the university by uniting various donations with its key objectives and enhancing student life.
Through the Oklahoma State University Foundation, funds donated for student scholarships and most gifts-in-kind transferred to the university are expended. These resources contribute significantly to programs that sustain the overall purpose and goals of Oklahoma State University, including academic affairs, performing arts, international and diversity studies, residential life, student affairs, and other instructive programs. The foundation's actions improve the quality of student life and support the university's commitment to its educational objectives.
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Impact
October, 2024
Oklahoma State University Foundation plays a crucial role in enhancing the educational experience and overall quality of life for students at Oklahoma State University. By directing funds toward student scholarships, the foundation significantly alleviates the financial burdens faced by students, making higher education more accessible.
Additionally, the foundation supports a variety of programs that enrich university life, including academic affairs, performing arts, and initiatives focused on international and diversity studies. These programs not only contribute to academic excellence but also foster a vibrant campus environment. Residential life and student affairs are also enhanced through foundation initiatives, creating a well-rounded and engaging experience for students.
Through aligning donor passions with university priorities, Oklahoma State University Foundation elevates the impact of the institution, ensuring that resources are effectively utilized to meet the diverse needs of its students and the broader university community.
This information is meant to be a general summary of Oklahoma 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 2024.
- Investment Income: $23,410,773
- Program Service Revenue: $5,512,388
- Gross Receipts: $579,929,004
Assets and Liabilities:
- Total Assets: $1,318,517,110
- Total Liabilities: $58,520,712
- Net Assets: $1,259,996,398
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPMENT FEES
Revenue
$4,890,950
INVESTMENT MANAGEMENT
Revenue
$621,438
Organization Details
Founding Year
1961
Principal Officer
Blaire Atkinson
Website
www.osugiving.comNTEE Category
Code: B110 - Education
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