Overview
What is California State University San Marcos Foundation?
California State University San Marcos Foundation is a charitable organization that plays a significant role in supporting California State University San Marcos. Based in San Marcos, California, the foundation receives endowment and program gifts, and invests the earnings to provide student scholarships and fund various campus programs and activities. The primary mission of the foundation is to foster and maximize private charitable investment for the university, manage resources responsibly, establish and nurture regional relationships, engage the university's communities, advocate on its behalf, and cultivate a culture of philanthropy. Through these activities, the California State University San Marcos Foundation contributes to the university's mission and enriches the educational experiences of its students.
Official website here: www.csusm.edu/giving/foundation
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The California State University San Marcos Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The foundation scored a perfect 100% in this area, which indicates robust financial practices and transparency. This high rating signifies that the organization effectively manages its funds and maintains a high level of accountability to its stakeholders.
Strengths highlighted include a well-composed board with 80% independent members, ensuring diverse perspectives in decision-making. The foundation also exhibits strong financial oversight, with no material diversion of assets and a significant program expense ratio of 88.13%. These elements suggest that a large portion of its resources is directed towards fulfilling its mission and supporting the university community.
While the data does not indicate any significant limitations, the foundation's outstanding financial metrics and policies, such as a conflict of interest policy and a whistleblower policy, reinforce its commitment to ethical governance and operational integrity. This foundation appears to be a reliable and effective nonprofit organization, dedicated to supporting educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is California State University San Marcos Foundation legitimate?
California State University San Marcos Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. California State University San Marcos 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: $796,889
For more financial information, click here
Official website here: www.csusm.edu/giving/foundation
What is the mission statement of California State University San Marcos Foundation?
The California State University San Marcos Foundation's mission is to aid in fulfilling the university's mission by cultivating and maximizing private charitable investments, managing resources responsibly, fostering meaningful regional relationships and partnerships, engaging with the university's communities, advocating on its behalf, and nurturing a culture of philanthropy. The foundation's activities are geared towards supporting and promoting the university's mission in a holistic manner.
Official website here: www.csusm.edu/giving/foundation
Who is the CEO of California State University San Marcos Foundation?
Jessica Berger is the Chairman of California State University San Marcos Foundation.
Official website here: www.csusm.edu/giving/foundation
What is the revenue of California State University San Marcos Foundation?
California State University San Marcos Foundation's revenue in 2022 was $6,283,551.
Official website here: www.csusm.edu/giving/foundation
Who are the executives of California State University San Marcos Foundation and what are their salaries?
Here are 23 key members and their salaries:
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- Related: $111,526
- Other: $36,648
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- Other: $52,368
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- Related: $418,821
- Other: $56,335
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- Related: $105,244
- Other: $27,985
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- Related: $68,125
- Other: $5,595
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- Related: $140,460
- Other: $59,596
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Official website here: www.csusm.edu/giving/foundation
Where can I find the form 990 for California State University San Marcos Foundation?
California State University San Marcos Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csusm.edu/giving/foundation
Learn more at the official website: www.csusm.edu/giving/foundation
Mission Statement of California State University San Marcos Foundation
The California State University San Marcos Foundation plays a crucial role in supporting and promoting the mission of California State University San Marcos. This nonprofit organization cultivates and maximizes private charitable investments to aid the university in its endeavors. By stewarding resources carefully, the Foundation nurtures meaningful regional relationships and partnerships, engaging the university's various communities. It also advocates on behalf of the university, advocating for its interests and needs. Furthermore, the California State University San Marcos Foundation builds and sustains a culture of philanthropy within the institution, ensuring that generous contributions continue to fuel its mission.
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Impact
July, 2024
The California State University San Marcos Foundation provides vital support to California State University San Marcos in fulfilling its mission. The foundation receives endowment gifts and program gifts, as well as invests the campus endowment funds to provide student scholarships and support for various campus programs and activities. By cultivating and maximizing private charitable investment, stewarding resources carefully, and creating meaningful regional relationships, the foundation plays a key role in advancing the university's mission. Additionally, it engages the university's communities, advocates on behalf of the university, and fosters a culture of philanthropy. The foundation's impact is especially significant in the realm of health, contributing to the overall betterment of the university and its community.
This information is meant to be a general summary of California State University San Marcos 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: $1,522,149
- Program Service Revenue: $176,799
- Gross Receipts: $16,558,194
Assets and Liabilities:
- Total Assets: $45,550,226
- Total Liabilities: $593,276
- Net Assets: $44,956,950
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAMPUS PROGRAMS
Revenue
$176,799
Organization Details
Founding Year
2009
Phone
(760) 750-4400Principal Officer
Jessica Berger
Main Address
333 S TWIN OAKS VALLEY RD, SAN MARCOS, CA, 92096
NTEE Category
Code: E11 - Health
If you are a representative of California State University San Marcos Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.