Overview
What is West Texas A&M Univ Foundation?
The West Texas A&M Univ Foundation is a nonprofit organization that supports West Texas A&M University, a higher education institution, by managing and distributing donations for the benefit of specific students. Based in Canyon, Texas, the foundation receives and administers public contributions to enhance the educational experience for students at West Texas A&M University.
Official website here: www.wtamu.edu
What are the reviews and ratings of this charity?
97% - Four-Star out of Four Star rating from Charity Navigator.
The West Texas A&M University Foundation has achieved an impressive 97% score, highlighting its strong performance in accountability and finance. The foundation benefits from a fully independent board and has implemented comprehensive oversight measures, ensuring transparency in its operations. Its fiscal practices are further demonstrated by having no material diversions of assets and maintaining a high program expense ratio.
This organization excels in financial management, reflected in low liabilities relative to assets and an extensive working capital ratio. However, the foundation's fundraising efficiency received a lower score, indicating that while it maintains a strong financial position, there may be opportunities to enhance its fundraising effectiveness. Overall, its governance and financial integrity are commendable, positioning it as a reliable choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is West Texas A&M Univ Foundation legitimate?
West Texas A&M Univ Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Texas A&M Univ 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.wtamu.edu
What is the mission statement of West Texas A&M Univ Foundation?
The West Texas A&M University Foundation plays a crucial role in supporting the higher education institution and its students by managing and administering public donations. Its primary mission is to raise and distribute funds for the benefit of WTAMU and its students. The foundation accomplishes this by granting scholarships directly to the university to assist specific students in their academic pursuits. By doing so, it contributes significantly to the educational journeys of numerous students and ultimately advances the overall mission of West Texas A&M University.
Official website here: www.wtamu.edu
What is the revenue of West Texas A&M Univ Foundation?
West Texas A&M Univ Foundation's revenue in 2023 was $21,555,356.
Official website here: www.wtamu.edu
Who are the executives of West Texas A&M Univ Foundation and what are their salaries?
Here are 32 key members and their salaries:
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Official website here: www.wtamu.edu
Where can I find the form 990 for West Texas A&M Univ Foundation?
West Texas A&M Univ Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wtamu.edu
Learn more at the official website: www.wtamu.edu
Mission Statement of West Texas A&M Univ Foundation
The West Texas A&M University Foundation plays a crucial role in supporting West Texas A&M University, an esteemed institution of higher education, and its students. By receiving and administering gifts from the public, this foundation carries out its mission to benefit the university and its students in a significant way.
More specifically, the West Texas A&M University Foundation is dedicated to managing and distributing funds to West Texas A&M University for the sole purpose of awarding scholarships to deserving students. These scholarships are a testament to the foundation's commitment to helping students achieve their academic goals and overcome financial barriers.
The foundation's work extends beyond just financial assistance, as it is instrumental in enhancing the overall educational experience at West Texas A&M University. By channeling resources to the university, it enables the institution to invest in its students, faculty, and programs to create a stronger learning environment. Ultimately, the West Texas A&M University Foundation serves as a vital partner in the university's mission to provide a quality education and foster the success of its students.
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Impact
October, 2024
West Texas A&M University Foundation plays a crucial role in enhancing the educational experience at West Texas A&M University by administering gifts from the public to directly support the institution and its students. Through the receipt of donations, the foundation allocates scholarships that benefit specific students, making higher education more accessible and fostering a community of learners. This support not only helps to alleviate the financial burden on students but also contributes to the overall mission of promoting academic excellence and opportunities for personal and professional growth at WTAMU. Ultimately, the foundation’s impactful work is essential in shaping the future of students and the university as a whole, ensuring a vibrant educational environment in Canyon, Texas.
This information is meant to be a general summary of West Texas A&M Univ 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 2023.
- Investment Income: $935,043
- Gross Receipts: $21,555,356
Assets and Liabilities:
- Total Assets: $131,809,881
- Total Liabilities: $47,872
- Net Assets: $131,762,009
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Organization Details
Founding Year
1946
Principal Officer
Dr Todd Rasberry
Website
www.wtamu.eduNTEE Category
Code: B11 - Education
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