Overview
What is Western Colorado University Foundation?
Western Colorado University Foundation is a nonprofit organization situated in Gunnison, Colorado. With a small team of five dedicated individuals, its primary mission is to support Western Colorado University in achieving its educational objectives. The foundation actively assists the university, either directly or indirectly, in fulfilling its educational pursuits. While specific activities or programs offered by the foundation are not explicitly mentioned in the information, it is clear that their purpose is to contribute positively to the university's educational journey.
Official website here: www.western.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator has awarded the Western Colorado University Foundation a Four-Star out of Four Star rating, with an impressive overall score of 95%. This rating, based solely on the Accountability & Finance beacon, highlights the foundation's strong financial practices, including a high program expense ratio of 80.34% and an exceptional fundraising efficiency ratio of $0.08. These metrics indicate that a substantial portion of their funding is directed towards program services rather than administrative expenses.
The foundation demonstrates excellent governance with a fully independent board consisting of 16 members and a rigorous audit and oversight committee, which ensures transparency and accountability in their financial dealings. They maintain clear policies on conflicts of interest and document retention, further enhancing their credibility as a nonprofit organization.
Currently, there are no user reviews available from GreatNonprofits, which limits insights into personal experiences with the foundation. Overall, the Western Colorado University Foundation is recognized for its strong financial health and governance practices, making it a trustworthy option for donors looking to support educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Western Colorado University Foundation legitimate?
Western Colorado University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Colorado 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: $986,758
For more financial information, click here
Official website here: www.western.edu/foundation
What is the mission statement of Western Colorado University Foundation?
The Western Colorado University Foundation's mission is centered around assisting Western Colorado University in achieving its educational objectives directly or indirectly. This is accomplished through the strategic allocation of funds, benefiting or being utilized by the university itself. The primary goal of the foundation is to contribute to the university's educational pursuits.
Official website here: www.western.edu/foundation
Who is the CEO of Western Colorado University Foundation?
Mike Laplante is the Executive Di of Western Colorado University Foundation.
Official website here: www.western.edu/foundation
What is the revenue of Western Colorado University Foundation?
Western Colorado University Foundation's revenue in 2023 was $8,311,644.
Official website here: www.western.edu/foundation
Who are the executives of Western Colorado University Foundation and what are their salaries?
The average compensation at Western Colorado University Foundation during 2023 was $197,352. There are 5 employees and 25 volunteers at Western Colorado University Foundation.
Here are 13 key members and their salaries:
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Official website here: www.western.edu/foundation
Where can I find the form 990 for Western Colorado University Foundation?
Western Colorado University Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.western.edu/foundation
Learn more at the official website: www.western.edu/foundation
Mission Statement of Western Colorado University Foundation
The Western Colorado University Foundation's mission is centered around assisting Western Colorado University in achieving its educational goals. This assistance can be provided directly or indirectly, demonstrating a comprehensive approach to supporting the university's growth and development. The foundation's primary aim is to utilize its funds beneficially for the university, ultimately contributing to its overall success and educational objectives.
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Impact
July, 2024
The impact of the Western Colorado University Foundation is focused on aiding Western Colorado University in fulfilling its educational purposes. By expending funds for the benefit of or use by the university, the foundation plays a crucial role in supporting academic programs, student scholarships, campus development, and other initiatives that enhance the educational experience at Western Colorado University. Through its activities, the foundation contributes to the growth and success of the university, ultimately benefiting students, faculty, and the broader community in Gunnison, Colorado.
This information is meant to be a general summary of Western Colorado 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 2023.
- Investment Income: $793,335
- Gross Receipts: $15,765,016
Assets and Liabilities:
- Total Assets: $39,556,452
- Total Liabilities: $703,236
- Net Assets: $38,853,216
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Organization Details
Founding Year
1978
Phone
(970) 641-2237Principal Officer
Mike Laplante
Main Address
PO BOX 1264, GUNNISON, CO, 81230
Website
www.western.edu/foundationNTEE Category
Code: B84 - Education
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