Overview
What is Utah Valley University Foundation Inc?
Utah Valley University Foundation Inc is a nonprofit organization based in Orem, Utah, with the address 800 W UNIVERSITY PARKWAY STE MS 111. Their primary mission is to aid and support Utah Valley University (UVU) in advancing its services and achieving its objectives. Specifically, they raise funds for scholarships to help students, as well as for the development of University programs. This foundation contributes significantly to UVU's growth and educational initiatives.
Official website here: www.uvu.edu
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
The Utah Valley University Foundation Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and financial management. With an accountability and finance score of 97%, the organization demonstrates a commitment to transparency and responsible stewardship of resources. Notably, it boasts a fully independent board and has received full marks in several key areas, including audit oversight and the absence of material asset diversion.
The foundation excels in its operational efficiency, evidenced by a program expense ratio of 91.45% and a fundraising efficiency ratio of $0.00, indicating no costs associated with fundraising. Additionally, it maintains an excellent working capital ratio of 14.61 years, highlighting its robust financial health and ability to sustain operations over the long term.
While the foundation shows strong metrics and policies in place, there are no significant limitations reported in the available data. Overall, the Utah Valley University Foundation Inc appears to be a highly effective organization, well-positioned to continue its mission with integrity and efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Utah Valley University Foundation Inc legitimate?
Utah Valley University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Utah Valley 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.uvu.edu
What is the mission statement of Utah Valley University Foundation Inc?
The Utah Valley University Foundation Inc is dedicated to supporting Utah Valley University (UVU) in achieving its goals. This includes aiding and advancing the services of UVU, raising funds for student scholarships, and contributing to the development of the University's programs. Through its efforts, the foundation plays a crucial role in enhancing UVU's institutional and educational initiatives.
Official website here: www.uvu.edu
Who is the CEO of Utah Valley University Foundation Inc?
Kyle Reyes is the CEO of Utah Valley University Foundation Inc The CEO's salary of Utah Valley University Foundation Inc is $0 and their total compensation is $247,667.
Official website here: www.uvu.edu
What is the revenue of Utah Valley University Foundation Inc?
Utah Valley University Foundation Inc's revenue in 2023 was $39,712,490.
Official website here: www.uvu.edu
Who are the executives of Utah Valley University Foundation Inc and what are their salaries?
There 22 volunteers at Utah Valley University Foundation Inc.
Here are 32 key members and their salaries (Utah Valley University Foundation Inc's CEO's salary is $0 and their total compensation is $247,667):
- Compensation: $0
- Related: $539,856
- Other: $92,727
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- Other: $57,801
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- Related: $190,709
- Other: $56,958
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- Related: $149,413
- Other: $22,001
- Compensation: $0
- Related: $107,171
- Other: $55,800
- Compensation: $0
- Related: $139,628
- Other: $20,557
- Compensation: $0
- Related: $103,149
- Other: $45,100
- Compensation: $0
- Related: $105,438
- Other: $15,424
- Compensation: $0
- Related: $54,145
- Other: $28,587
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Official website here: www.uvu.edu
Where can I find the form 990 for Utah Valley University Foundation Inc?
Utah Valley University Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.uvu.edu
Learn more at the official website: www.uvu.edu
Mission Statement of Utah Valley University Foundation Inc
Utah Valley University Foundation Inc, a nonprofit organization, plays a crucial role in supporting Utah Valley University (UVU) in achieving its goals. With a mission to aid and advance UVU's services, the Foundation focuses on two primary areas: raising funds for student scholarships and funding University program development.
By providing financial assistance for scholarships, Utah Valley University Foundation Inc enables deserving students to pursue their higher education without the burden of financial constraints. This, in turn, enhances the academic community at UVU and prepares the next generation of leaders and innovators.
In addition to student scholarships, the Foundation also directs its efforts towards enhancing the University's programs. By raising funds for program development, Utah Valley University Foundation Inc contributes to the overall improvement and expansion of UVU's offerings. This investment in UVU's programs not only benefits current students but also attracts future students and advances the institution's reputation.
In summary, Utah Valley University Foundation Inc is an essential partner in furthering the objectives of Utah Valley University. Through its efforts in student scholarship funding and University program development, the Foundation plays a pivotal role in enhancing the academic experience and fostering growth for UVU.
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Impact
October, 2024
Utah Valley University Foundation Inc plays a vital role in enhancing the educational landscape and opportunities at Utah Valley University (UVU). By raising funds specifically for student scholarships, the foundation directly contributes to making higher education more accessible for a diverse student body. This support not only alleviates the financial burden on students but also fosters a culture of learning and growth within the community.
Moreover, the foundation's efforts in raising funds for university program development are instrumental in expanding and enriching the academic offerings at UVU. This not only enhances the quality of education but also ensures that the university remains responsive to the needs of students and the job market. Through these initiatives, UVU is better equipped to fulfill its mission of providing exceptional educational services, ultimately leading to a stronger workforce and a more educated society in Utah and beyond.
This information is meant to be a general summary of Utah Valley 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 2023.
- Investment Income: $5,040,619
- Gross Receipts: $57,275,310
Assets and Liabilities:
- Total Assets: $157,730,268
- Total Liabilities: $1,919,921
- Net Assets: $155,810,347
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Organization Details
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