Overview
What is University Of Central Oklahoma Foundation?
The University of Central Oklahoma Foundation is a nonprofit organization based in Edmond, Oklahoma, with the address 100 North University Drive, ZIP code 73034. Their primary focus is to raise funds, grant scholarships, and provide support to University of Central Oklahoma and its students. Through the collection and distribution of donations, they contribute significantly to the college's academic programs.
Official website here: www.centralconnection.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The University Of Central Oklahoma Foundation has achieved a perfect score of 100%, reflecting its high standards in accountability and finance. This exceptional rating indicates that the organization is effectively managing its resources, ensuring transparency, and maintaining strong governance practices. The foundation's commitment to independent oversight is evidenced by its fully independent board and rigorous audit processes.
Key strengths include a remarkable program expense ratio of 90.17%, demonstrating that a significant portion of its funds directly supports its mission. Additionally, the foundation has shown outstanding fundraising efficiency, with costs of just one cent to raise a dollar. Its financial health is further underscored by a low liability-to-asset ratio and a robust working capital position, enabling it to sustain its operations effectively.
While the data is overwhelmingly positive, the foundation's success in maintaining these standards will be crucial for continued trust and support from donors and the community. Overall, the University Of Central Oklahoma Foundation exemplifies responsible nonprofit management and dedication to its educational mission.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Central Oklahoma Foundation legitimate?
University Of Central Oklahoma Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Central Oklahoma 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:
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For more financial information, click here
Official website here: www.centralconnection.org
What is the mission statement of University Of Central Oklahoma Foundation?
The University of Central Oklahoma Foundation plays a crucial role in funding college scholarships and supporting various university programs. This non-profit organization is dedicated to making a difference by providing financial aid and organizational support to the students and academic initiatives of the University of Central Oklahoma. Its mission is geared towards enhancing the educational experience of students and fostering the growth and development of the university as a whole. Through charitable donations and grants, the foundation enables deserving students to pursue higher education and contributes to the advancement of various academic and research programs within the university.
Official website here: www.centralconnection.org
Who is the CEO of University Of Central Oklahoma Foundation?
Art Cotton is the Chair Of The Board of University Of Central Oklahoma Foundation.
Official website here: www.centralconnection.org
What is the revenue of University Of Central Oklahoma Foundation?
University Of Central Oklahoma Foundation's revenue in 2022 was $22,644,873.
Official website here: www.centralconnection.org
Who are the executives of University Of Central Oklahoma Foundation and what are their salaries?
There 43 volunteers at University Of Central Oklahoma Foundation.
Here are 45 key members and their salaries:
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Official website here: www.centralconnection.org
Where can I find the form 990 for University Of Central Oklahoma Foundation?
University Of Central Oklahoma Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.centralconnection.org
Learn more at the official website: www.centralconnection.org
Mission Statement of University Of Central Oklahoma Foundation
University of Central Oklahoma Foundation, a philanthropic organization, is dedicated to funding college scholarships and supporting various programs at the University of Central Oklahoma. In essence, it serves as a vital link between individuals and institutions, facilitating the flow of resources that foster academic growth and development.
Throughout its mission, the University of Central Oklahoma Foundation focuses on providing essential gifts, scholarships, and organizational support to the University of Central Oklahoma and its students. These efforts enable deserving students to pursue their academic ambitions, often easing the financial burden of higher education. Moreover, by funding university programs, the foundation enhances the overall educational experience and fosters innovation and excellence within the academic community.
In concrete terms, the University of Central Oklahoma Foundation's commitment to its mission translates into numerous scholarships that help students cover the costs of their education. These scholarships not only provide financial relief but also serve as a testament to the donors' investment in the future of their recipients. Additionally, the organization's support for university programs helps ensure that students have access to the latest resources and technologies, which are crucial for staying competitive in their respective fields.
The University of Central Oklahoma Foundation's role as a philanthropic partner to the University of Central Oklahoma is instrumental in fostering a vibrant and thriving academic community. By dedicating itself to funding college scholarships and supporting university programs, it enables students to focus on their studies and reach their full potential, ultimately contributing to a brighter future for both the individuals and the wider community.
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Impact
October, 2024
The University of Central Oklahoma Foundation significantly impacts students and the broader educational landscape by funding college scholarships and supporting various university programs. Through its initiatives, the foundation provides essential financial assistance to students, enabling them to pursue their academic goals without the overwhelming burden of tuition costs. This support not only enhances individual students' opportunities but also contributes to a more educated workforce and community.
Additionally, the foundation's commitment to funding university programs enriches the overall educational experience at the University of Central Oklahoma. By allocating resources for various initiatives, it helps facilitate innovative projects, enhance research capabilities, and expand extracurricular activities that foster a well-rounded education. This holistic approach strengthens the university's capacity to serve its student body and maintain a thriving academic environment in Edmond, Oklahoma. Overall, the foundation plays a crucial role in empowering students, supporting educational excellence, and fostering a vibrant campus community.
This information is meant to be a general summary of University Of Central Oklahoma 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: $2,498,937
- Program Service Revenue: $60,636
- Gross Receipts: $26,934,021
Assets and Liabilities:
- Total Assets: $57,594,022
- Total Liabilities: $4,232,173
- Net Assets: $53,361,849
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
JAZZ LAB RENTAL INCOME
Revenue
$60,636
Organization Details
Founding Year
1975
Phone
(405) 974-2770Principal Officer
Art Cotton
Main Address
100 NORTH UNIVERSITY DRIVE, EDMOND, OK, 73034
Website
www.centralconnection.orgNTEE Category
Code: B43 - Education
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