Overview
What is Boise State University Foundation Inc?
Boise State University Foundation Inc is a nonprofit organization located at 1173 University Drive in Boise, ID, 83706. The foundation's mission is to inspire and effectively manage private support for Boise State University. It administers a diverse range of 985 academic scholarships, with applicants required to submit essays, transcripts, and financial aid reports if needed. During the fiscal year ending on June 30, 2022, the foundation distributed 2,444 scholarships to 1,607 recipients. The foundation acts as a bridge between the university and its constituencies, managing all privately donated funds prudently.
Official website here: www.giving.boisestate.edu/about/foundation/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Boise State University Foundation Inc has achieved an impressive 97% score, reflecting its strong performance in accountability and finance. This four-star rating indicates that the organization adheres to high standards of transparency and responsible financial management, which is crucial for donor confidence and support.
Strengths highlighted include a fully independent board, with 33 members, and a comprehensive audit and oversight committee, both scoring full points in their respective categories. The organization maintains a low liabilities-to-assets ratio, high program expense ratio, and excellent fundraising efficiency, demonstrating a commitment to maximizing resources for its mission.
While the data reveals no significant limitations, the foundation’s consistent focus on good governance practices and financial health suggests a well-managed organization that prioritizes its responsibilities to stakeholders. Overall, it stands out as a trustworthy entity within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Boise State University Foundation Inc legitimate?
Boise State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boise 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $212,051
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,860,765
For more financial information, click here
Official website here: www.giving.boisestate.edu/about/foundation/
What is the mission statement of Boise State University Foundation Inc?
The Boise State University Foundation Inc serves as a catalyst for generating and managing private support for the educational institution. Its primary mission is to raise funds for Boise State University's programs and act as a liaison between the university and its constituents. The foundation prudently manages all donated funds to ensure their effective allocation. The organization administers a diverse range of academic scholarships, which may require applicants to submit essays, transcripts, and financial need documents. During the fiscal year ending on June 30, 2022, the foundation granted 2,444 scholarships to 1,607 recipients.
Official website here: www.giving.boisestate.edu/about/foundation/
Who is the CEO of Boise State University Foundation Inc?
Paul Powell is the Chair of Boise State University Foundation Inc.
Official website here: www.giving.boisestate.edu/about/foundation/
What is the revenue of Boise State University Foundation Inc?
Boise State University Foundation Inc's revenue in 2022 was $43,170,415.
Official website here: www.giving.boisestate.edu/about/foundation/
Who are the executives of Boise State University Foundation Inc and what are their salaries?
There 34 volunteers at Boise State University Foundation Inc.
Here are 35 key members and their salaries:
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- Compensation: $169,900
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- Other: $30,286
Official website here: www.giving.boisestate.edu/about/foundation/
Where can I find the form 990 for Boise State University Foundation Inc?
Boise State University Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.giving.boisestate.edu/about/foundation/
Learn more at the official website: www.giving.boisestate.edu/about/foundation/
Mission Statement of Boise State University Foundation Inc
The Boise State University Foundation Inc plays a pivotal role in inspiring and generating private support for Boise State University. This nonprofit organization is dedicated to managing all donated funds in a prudent manner and acting as a liaison between the university and its various constituencies. The Foundation's mission is multifaceted. It is responsible for raising funds and supporting Boise State University's programs, as well as carefully managing all private funds bestowed upon the University.
Boise State University Foundation Inc takes great pride in administering a diverse range of academic scholarships to deserving students. To be considered for these awards, applicants may need to submit essays, academic transcripts, and, if necessary, complete the Free Application for Federal Student Aid report (FAFSA) to demonstrate financial need. During the fiscal year ending on June 30, 2022, the Foundation distributed 2,444 scholarship awards to a total of 1,607 recipients. By providing these opportunities, the Boise State University Foundation contributes significantly to the academic success and personal growth of students attending the university.
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Impact
October, 2024
Boise State University Foundation Inc plays a vital role in supporting educational opportunities at Boise State University. By inspiring and managing private support, the Foundation enhances the academic experience for students through scholarships. During the fiscal year ending June 30, 2022, it administered 985 different academic scholarships, distributing a remarkable 2,444 awards to 1,607 deserving recipients.
These scholarships encompass various requirements, including essays, transcripts, and, for those demonstrating financial need, the Free Application for Federal Student Aid report (FAFSA). This comprehensive approach ensures that students from diverse backgrounds have access to essential financial resources, promoting access to higher education.
The Foundation acts as a crucial link between Boise State University and its wider community, raising funds and fostering partnerships that benefit various university programs. By prudently managing the private funds donated to the University, the Foundation not only enhances the academic offerings but also helps cultivate the next generation of leaders and professionals. Its impact resonates far beyond financial support, as it contributes to the overall growth and success of the students and the institution as a whole.
This information is meant to be a general summary of Boise 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: $8,876,336
- Program Service Revenue: $7,802,187
- Gross Receipts: $76,226,547
Assets and Liabilities:
- Total Assets: $210,513,027
- Total Liabilities: $10,732,724
- Net Assets: $199,780,303
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Income
Revenue
$7,736,866
Membership Dues
Revenue
$65,321
Organization Details
Founding Year
1964
Phone
(208) 426-3822Principal Officer
Paul Powell
Main Address
1173 University Drive, Boise, ID, 83706
NTEE Category
Code: B110 - Education
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