Overview
What is Stephen F Austin State University Foundation Inc?
Stephen F Austin State University Foundation Inc, located in Nacogdoches, Texas, is a nonprofit organization primarily focused on managing endowments and other significant gifts designed to support Stephen F. Austin State University. This support encompasses faculty supplements, scholarships, and inviting distinguished lecturers to the university. The foundation's primary mission is to maintain these endowments to generate earnings that contribute to the university's growth and development. They serve as a vital financial resource, fostering academic excellence and opportunities for students at Stephen F. Austin State University.
What are the reviews and ratings of this charity?
The Stephen F Austin State University Foundation Inc has earned an 87% score from Charity Navigator, resulting in a Three-Star out of Four Star rating. This score reflects robust accountability and financial practices, particularly in areas like independent governance, audited financial statements, and strong financial ratios. The foundation demonstrates good management over its assets and program efficiency, with nearly all funds directed toward programs.
While the foundation has achieved perfect scores in several financial and governance metrics, certain administrative aspects could use improvement. The absence of a listed website, whistleblower policy, and documentation relating to tax form distribution signals areas needing attention. Importantly, despite these gaps, the foundation shows no material diversion of assets and maintains a clean liabilities profile.
Currently, no reviews are available from GreatNonprofits, so user feedback is missing to provide further community perspective on the foundation's impact or culture. The Charity Navigator assessment highlights strengths in financial stewardship but also indicates potential growth areas in transparency and administrative policies.
This AI summary has been generated from information found on Charity Navigator.
Is Stephen F Austin State University Foundation Inc legitimate?
Stephen F Austin State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stephen F Austin 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.
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What is the mission statement of Stephen F Austin State University Foundation Inc?
The Stephen F Austin State University Foundation Inc's primary mission is to manage various endowments and gifts, which are used to support Stephen F. Austin State University. Specifically, the funds are utilized for maintaining the endowments, providing faculty supplements, granting scholarships, and inviting distinguished lecturers to the university. The objective is to enhance the educational experience and opportunities at Stephen F. Austin State University. The foundation plays a crucial role in securing financial resources to support the university's academic and educational endeavors.
Who is the CEO of Stephen F Austin State University Foundation Inc?
Gerald Schlief is the Chair of Stephen F Austin State University Foundation Inc.
What is the revenue of Stephen F Austin State University Foundation Inc?
Stephen F Austin State University Foundation Inc's revenue in 2022 was $11,402,809.
Who are the executives of Stephen F Austin State University Foundation Inc and what are their salaries?
Here are 17 key members and their salaries:
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Where can I find the form 990 for Stephen F Austin State University Foundation Inc?
Stephen F Austin State University Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Stephen F Austin State University Foundation Inc
Stephen F Austin State University Foundation Inc is a nonprofit organization whose primary mission is to manage various endowments and gifts that support Stephen F. Austin State University. By managing these funds, the foundation provides financial assistance in the form of faculty supplements, scholarships, and invites outstanding lecturers to the university. This support contributes significantly to the academic and intellectual growth of Stephen F. Austin State University, ultimately benefiting its students and faculty. The foundation's role is crucial in ensuring the university maintains its operational costs associated with managing these major gifts and endowments, while also generating earnings from the endowment funds. In essence, the Stephen F Austin State University Foundation Inc serves as a vital bridge between donors and the university, ensuring that the latter has the necessary financial resources to thrive and provide quality education.
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Impact
July, 2024
Stephen F Austin State University Foundation Inc's impact is significant in supporting Stephen F. Austin State University through managing endowments and other gifts. This management involves covering costs associated with maintaining these endowments and major gifts, with the earnings from the endowments funding faculty supplements, scholarships, and outstanding lecturers for the university. By fulfilling this mission, the foundation plays a vital role in enhancing the educational opportunities and resources available to the students and faculty of Stephen F. Austin State University.
This information is meant to be a general summary of Stephen F Austin 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: $3,918,250
- Gross Receipts: $42,768,516
Assets and Liabilities:
- Total Assets: $104,993,592
- Total Liabilities: $220,776
- Net Assets: $104,772,816
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Organization Details
Founding Year
1975
Phone
(936) 468-2114Principal Officer
Gerald Schlief
Main Address
PO BOX 6092 SFA, NACOGDOCHES, TX, 759626092
NTEE Category
Code: B43I - Education
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