Overview
What is Saint Joseph University Foundation?
The Saint Joseph University Foundation is a charitable organization located at 555 Tunpike Street STE 55, North Andover, MA 01845. Their primary objective is to promote higher education by providing scholarships and grants. They carry out this mission by organizing fundraising events to support Saint Joseph University in Beirut, Lebanon. The foundation aims to assist students financially and contribute to the rebuilding of facilities at the university. In essence, the Saint Joseph University Foundation is dedicated to advocating for and aiding educational institutions, particularly in providing opportunities for individuals seeking higher education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
The Saint Joseph University Foundation has achieved a strong rating of 90%, indicating a high level of accountability and finance management. This score reflects the organization's commitment to transparency and effective governance, primarily derived from its perfect scores in categories such as independent board members and material diversion of assets. It highlights the foundation's solid financial practices and responsible stewardship of resources.
The foundation demonstrates excellent adherence to governance policies, with 100% of board members being independent and comprehensive documentation of board meeting minutes. The organization also maintains a strong program expense ratio of approximately 90%, suggesting that a significant portion of its funds is allocated directly to programs rather than administrative costs. This efficiency is a positive indicator of its operational effectiveness.
However, the absence of a whistleblower policy is noted as a limitation, which could potentially affect the foundation's overall governance framework. While this does not detract significantly from its high rating, addressing this gap could further strengthen its commitment to accountability and ethical practices. Overall, the Saint Joseph University Foundation appears to be a well-managed organization focused on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Saint Joseph University Foundation legitimate?
Saint Joseph University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Saint Joseph University 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: $0
For more financial information, click here
What is the mission statement of Saint Joseph University Foundation?
The Saint Joseph University Foundation's mission is centered around supporting educational institutions. Specifically, it aims to assist individuals pursuing higher education by providing scholarships and grants. Furthermore, the foundation organizes fundraising events to collect funds, which are then utilized to aid students and facilitate the rebuilding of facilities at Saint Joseph University in Beirut, Lebanon. In essence, the foundation's primary objective is to foster higher education through its financial contributions.
Who is the CEO of Saint Joseph University Foundation?
Randa Gemayel Hakim is the Secretary of Saint Joseph University Foundation.
What is the revenue of Saint Joseph University Foundation?
Saint Joseph University Foundation's revenue in 2022 was $664,927.
Who are the executives of Saint Joseph University Foundation and what are their salaries?
There 10 volunteers at Saint Joseph University Foundation.
Here are 3 key members and their salaries:
- 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 Saint Joseph University Foundation?
Saint Joseph University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Saint Joseph University Foundation
The Saint Joseph University Foundation is committed to supporting educational institutions, with a primary focus on assisting individuals pursuing higher education. In line with its mission, the organization aims to promote higher education by granting scholarships and providing financial assistance. The Foundation also organizes fundraising events to raise funds for Saint Joseph University in Lebanon, specifically to support students and aid in the rebuilding of facilities. By doing so, the Saint Joseph University Foundation plays a significant role in making higher education more accessible to individuals, thereby contributing to their personal growth and development.
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Impact
July, 2024
The impact of the Saint Joseph University Foundation is significant in supporting educational institutions, including providing assistance to individuals attending higher education. The foundation works to promote higher education through scholarships and grants, as well as by holding fundraising events to raise funds for Saint Joseph University in Beirut, Lebanon. This support helps students access educational opportunities and rebuild facilities to enhance the learning environment.
This information is meant to be a general summary of Saint Joseph University 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.
- Gross Receipts: $709,237
Assets and Liabilities:
- Total Assets: $1,382,431
- Total Liabilities: $0
- Net Assets: $1,382,431
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Organization Details
Founding Year
2017
Principal Officer
Randa Gemayel Hakim
Main Address
555 Tunpike Street STE 55, North Andover, MA, 01845
NTEE Category
Code: P20 - Human services
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