Overview
What is University Of Houston Law Foundation?
The University of Houston Law Foundation is a nonprofit organization situated in Houston, Texas, with an address at 4170 Martin Luther King Blvd. Its primary mission is to enhance and improve the educational functions of the UH Law Center. This is achieved by managing funds received through donations, grants, and gifts. The Foundation maintains various endowments for scholarship funds, student activities, endowed faculty positions, academic program support, and general unrestricted gifts. Its activities are geared towards promoting legal education and aiding in the systematic development of law and legal institutions, benefiting the UH Law Center. With a small team of just two employees, the Foundation plays a significant role in supporting the educational endeavors of the UH Law Center.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
The University of Houston Law Foundation has achieved a commendable Four-Star rating on Charity Navigator, reflecting its strong commitment to accountability and financial practices. The organization's overall score is derived entirely from its Accountability & Finance metrics, where it earned a high score of 95%. This indicates that the foundation adheres to robust financial oversight and transparency, critical for building trust with donors and stakeholders.
The foundation boasts a fully independent board, with 100% of its members being independent, which strengthens its governance structure. It also scored full marks in various financial categories, including its program expense ratio, which shows that a significant majority of its resources are allocated directly to its programs rather than administrative costs. Additionally, the absence of conflicts of interest and a well-established whistleblower policy highlight its commitment to ethical practices.
While the financial health indicators are strong, with a low liabilities to assets ratio and an impressive working capital ratio, the data does not provide insights into programmatic impact or community feedback. This limited perspective emphasizes the importance of looking beyond financial metrics to evaluate the foundation's effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Houston Law Foundation legitimate?
University Of Houston Law Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Houston Law 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: $123,581
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,143
For more financial information, click here
What is the mission statement of University Of Houston Law Foundation?
The University of Houston Law Foundation's mission is centered around promoting and advancing legal education. It aims to contribute to the orderly development of law and legal institutions, primarily benefiting the UH Law Center. The foundation manages various scholarship funds, student activities, endowed faculty positions, and academic program support, all funded through gifts, donations, and grants. Its activities also extend to providing support for the educational functions of the UH Law Center and establishing student loan funds and scholarships. Overall, the foundation's purpose is to enhance legal education and contribute to the UH Law Center's growth and development.
Who is the CEO of University Of Houston Law Foundation?
Helen Wang is the Assistant Director of University Of Houston Law Foundation.
What is the revenue of University Of Houston Law Foundation?
University Of Houston Law Foundation's revenue in 2022 was $6,806,516.
Who are the executives of University Of Houston Law Foundation and what are their salaries?
The average compensation at University Of Houston Law Foundation during 2022 was $89,362. There are 2 employees and 17 volunteers at University Of Houston Law Foundation.
Here are 20 key members and their salaries:
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- Compensation: $15,999
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- Other: $17,813
Where can I find the form 990 for University Of Houston Law Foundation?
University Of Houston Law Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of University Of Houston Law Foundation
The University of Houston Law Foundation is dedicated to promoting and fostering legal education, with the ultimate goal of aiding in the orderly development of law and legal institutions. This mission is fulfilled through various means, including receiving and managing funds for the benefit of the UH Law Center. The Foundation maintains endowments for various purposes, such as supporting scholarships, student activities, endowed faculty positions, academic programs, and general unrestricted gifts. By administering these funds, the University of Houston Law Foundation aims to enhance the educational functions of the UH Law Center and establish student loan functions and funds. Overall, the Foundation's mission is to contribute to the growth and development of legal education, assisting the UH Law Center in its endeavors.
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Impact
July, 2024
The University Of Houston Law Foundation plays a significant role in supporting the UH Law Center by receiving and administering funds for various purposes such as scholarship funds, student activities, endowed faculty positions, academic program support, and general unrestricted gifts. Through its activities, the Foundation aims to advance legal education, promote the development of law and legal institutions, and support the educational functions of the UH Law Center. This impactful work helps enhance the learning experience for students, provide financial assistance through scholarships and student loan funds, and strengthen the academic programs offered at the UH Law Center.
This information is meant to be a general summary of University Of Houston Law 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: $3,138,677
- Program Service Revenue: $130,972
- Gross Receipts: $13,977,285
Assets and Liabilities:
- Total Assets: $38,930,962
- Total Liabilities: $2,954,995
- Net Assets: $35,975,967
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Registration/other fees
Revenue
$130,972
Organization Details
Founding Year
1972
Phone
(713) 743-3742Principal Officer
Helen Wang
Main Address
4170 Martin Luther King Blvd, Houston, TX, 772046060
NTEE Category
Code: B11 - Education
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