Overview
What is The Mccombs School Of Business Foundation?
The Mccombs School of Business Foundation is a nonprofit organization located at 2100 Speedway, Austin, Texas, 78712. The Foundation's primary mission is to support The University of Texas McCombs School of Business by designing and implementing customized training programs for various organizations. McCombs School of Business faculty members are heavily involved in these custom programs, and when necessary, faculty from other schools and colleges of The University are called upon to participate. The Foundation's workforce consists of 57 dedicated individuals, ensuring the delivery of high-quality training solutions.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94%
The McCombs School of Business Foundation has received a Four-Star out of Four Star rating from Charity Navigator, indicating a high level of accountability and financial performance. The organization boasts an impressive overall score of 94%, reflecting its strong governance practices and commitment to transparency.
One notable strength is the foundation's fully independent board, consisting of eight members, which underscores its dedication to impartial decision-making. The organization exhibits robust financial oversight, with a perfect score on its Audit and Oversight Committee, and maintains a low liabilities-to-assets ratio of 9.13%, signifying sound financial health.
Additionally, the foundation effectively allocates its resources, with 86.25% of its expenses directed toward programs, showcasing its prioritization of mission-driven activities. There are no significant limitations noted in the data, suggesting a well-managed organization that adheres to best practices in nonprofit governance.
This AI summary has been generated from information found on Charity Navigator.
Is The Mccombs School Of Business Foundation legitimate?
The Mccombs School Of Business Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mccombs School Of Business 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,273,520
For more financial information, click here
What is the mission statement of The Mccombs School Of Business Foundation?
The Mccombs School Of Business Foundation is dedicated to aiding The University of Texas McCombs School of Business. Its mission is centered around providing assistance and support to this academic institution. The Foundation collaborates with various organizations to create customized training programs. Faculty members from McCombs School of Business are integral to these custom programs, with many of the most seasoned professors participating. When necessary, professors from other schools and colleges of The University are also called upon to contribute to the development and execution of custom programs across fields such as Communications, Engineering, Law, Information, and Public Administration.
Who is the CEO of The Mccombs School Of Business Foundation?
Caitlin Mullaney is the Managing Dir of The Mccombs School Of Business Foundation.
What is the revenue of The Mccombs School Of Business Foundation?
The Mccombs School Of Business Foundation's revenue in 2022 was $22,104,971.
Who are the executives of The Mccombs School Of Business Foundation and what are their salaries?
The average compensation at The Mccombs School Of Business Foundation during 2022 was $22,342. There are 57 employees and 7 volunteers at The Mccombs School Of Business Foundation.
Here are 13 key members and their salaries:
- Compensation: $21,680
- Related: $549,513
- Other: $61,735
- Compensation: $13,255
- Related: $534,225
- Other: $62,650
- Compensation: $21,320
- Related: $516,896
- Other: $48,209
- Compensation: $23,600
- Related: $488,048
- Other: $48,737
- Compensation: $11,070
- Related: $463,308
- Other: $62,888
- Compensation: $0
- Related: $249,127
- Other: $33,592
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Mccombs School Of Business Foundation?
The Mccombs School Of Business Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Mccombs School Of Business Foundation
The Mccombs School Of Business Foundation is a dedicated organization with a mission to support The University of Texas McCombs School of Business. In pursuit of this goal, the Foundation plays a pivotal role in designing, developing, and implementing customized training programs for various organizations. Faculty members from the McCombs School of Business are actively involved in these efforts, with many of the most experienced professors contributing their expertise to the Foundation's custom programs.
Moreover, whennecessary, the Foundation invites professors from other schools and colleges within The University of Texas to participate in these custom programs. The list of participating schools includes Communications, Engineering, Law, Information, and Public Administration. This collaborative approach ensures that the Foundation's training programs cater to a diverse range of disciplines, offering valuable insights and knowledge from multiple academic perspectives.
The Mccombs School Of Business Foundation's commitment to providing effective and customized training solutions is evident in its partnerships with various organizations. The Foundation's faculty members, many of whom are drawn from the esteemed McCombs School of Business, bring their extensive expertise to these collaborations, ensuring that the training programs are of the highest quality. Through these efforts, The Mccombs School Of Business Foundation continues to strengthen its support for The University of Texas McCombs School of Business, contributing to the ongoing success and growth of the institution.
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Impact
October, 2024
The McCombs School of Business Foundation plays a crucial role in enhancing the educational landscape at The University of Texas McCombs School of Business. By designing, developing, and implementing customized training programs, the Foundation leverages the expertise of faculty members, particularly those involved in Texas Executive Education. This collaboration ensures that professionals across various sectors receive tailored learning experiences that foster growth and innovation.
By engaging not only McCombs faculty but also professors from other disciplines within The University of Texas, the Foundation creates comprehensive programs that address a wide range of topics, such as communications, engineering, law, information, and public administration. This multidisciplinary approach enriches the learning experience and equips participants with the diverse skills needed to thrive in today's dynamic business environment.
The Foundation's impact extends beyond the classroom, as it builds partnerships with various organizations to fulfill specific training needs, thereby contributing to workforce development and economic growth in the region. In doing so, it enhances the reputation and reach of McCombs, reinforcing its position as a leader in business education.
This information is meant to be a general summary of The Mccombs School Of Business 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: $796,423
- Program Service Revenue: $21,134,728
- Gross Receipts: $25,718,905
Assets and Liabilities:
- Total Assets: $42,368,120
- Total Liabilities: $4,471,105
- Net Assets: $37,897,015
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Bus Foundations courses
Revenue
$639,167
Exec Education programs
Revenue
$20,436,354
Other program revenues
Revenue
$59,207
Organization Details
Founding Year
1977
Phone
(512) 471-3029Principal Officer
Caitlin Mullaney
Main Address
2100 Speedway Stop B6000, Austin, TX, 78712
NTEE Category
Code: B114 - Education
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