Overview
What is Texas A&M-Corpus Christi Foundation?
The Texas A&M-Corpus Christi Foundation is a nonprofit organization situated in Corpus Christi, Texas. Its primary role is to provide financial support for the activities of Texas A&M University-Corpus Christi, as requested by the university's president. The foundation's mission is dedicated to benefiting Texas A&M University-Corpus Christi, aiming to contribute to its growth and development. The information does not specify the number of employees or the range of its activities beyond grant allocations.
Official website here: www.ia.tamucc
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% - Four-Star out of Four Stars
The Texas A&M-Corpus Christi Foundation has achieved a high rating of 95% on Charity Navigator, indicating strong accountability and financial health. The organization has demonstrated excellence in several areas, including having a fully independent board and effective financial oversight. Its program expense ratio is notably high at 86.44%, suggesting that the majority of its expenditures are directed toward its mission-related activities.
Despite its strengths, the foundation has a significant limitation in its fundraising efficiency, with a ratio that suggests high costs relative to funds raised. Additionally, it is noted that the organization is missing a whistleblower policy, which could enhance its governance and accountability practices. Overall, while the foundation shows strong management and operational effectiveness, addressing these areas could further strengthen its credibility and performance.
This AI summary has been generated from information found on Charity Navigator.
Is Texas A&M-Corpus Christi Foundation legitimate?
Texas A&M-Corpus Christi Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas A&M-Corpus Christi 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.
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Official website here: www.ia.tamucc
What is the mission statement of Texas A&M-Corpus Christi Foundation?
The Texas A&M-Corpus Christi Foundation exists with a primary objective to support the activities of Texas A&M University-Corpus Christi. This is accomplished by making grants and allocations, upon the request of the university's president, for the benefit of the university. The foundation's main goal is to contribute to the university's growth and development, providing resources that align with its mission and vision. The foundation's activities are aimed at enhancing the educational, research, and community engagement efforts of Texas A&M University-Corpus Christi. By supporting the university, the foundation is indirectly contributing to the betterment of its students, faculty, and the broader community.
Official website here: www.ia.tamucc
What is the revenue of Texas A&M-Corpus Christi Foundation?
Texas A&M-Corpus Christi Foundation's revenue in 2024 was $7,989,474.
Official website here: www.ia.tamucc
Who are the executives of Texas A&M-Corpus Christi Foundation and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.ia.tamucc
Where can I find the form 990 for Texas A&M-Corpus Christi Foundation?
Texas A&M-Corpus Christi Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ia.tamucc
Learn more at the official website: www.ia.tamucc
Mission Statement of Texas A&M-Corpus Christi Foundation
The Texas A&M-Corpus Christi Foundation's mission is centered around benefiting Texas A&M University-Corpus Christi. This nonprofit organization is dedicated to providing financial support for the university's activities, as per the requests of its president. By doing so, it contributes to the overall growth and development of Texas A&M University-Corpus Christi, thereby playing a significant role in its success.
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Impact
July, 2024
The Texas A&M-Corpus Christi Foundation's impact is primarily focused on supporting the activities of Texas A&M University - Corpus Christi. The foundation provides grants and allocations to benefit the university, as requested by the university's president. This support plays a crucial role in furthering the educational mission of Texas A&M University - Corpus Christi and contributes to the advancement of education in the community.
This information is meant to be a general summary of Texas A&M-Corpus Christi 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: $1,240,299
- Gross Receipts: $10,994,448
Assets and Liabilities:
- Total Assets: $49,595,843
- Total Liabilities: $4,680
- Net Assets: $49,591,163
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Organization Details
Founding Year
1987
Principal Officer
Suzelle Tinnell
Website
www.ia.tamuccNTEE Category
Code: B11 - Education
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