Regent College Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 911220704 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Regent College Foundation?

Regent College Foundation is a nonprofit organization located in Seattle, Washington, with a postal address. Their primary objective is to aid and encourage Regent College in delivering graduate-level theological education globally. They actively participate in fundraising for specific programs and projects, such as student scholarships, that benefit students from various countries, including the United States. The foundation's mission is to promote theological education and support institutions committed to this field. In essence, the Regent College Foundation assists in cultivating an intelligent, robust, and joyful dedication to Jesus Christ, his church, and his world through graduate-level theological education.


Official website here: www.rcfusa.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.

Regent College Foundation has achieved a perfect score of 100% from Charity Navigator, reflecting exceptional accountability and financial health. This rating is primarily based on their strong governance practices, including having a fully independent board and robust policies in place for conflicts of interest and whistleblower protections. Their fiscal management is commendable, with a high program expense ratio of 98.39%, indicating that the vast majority of their funds are directed towards their mission.

The organization demonstrates transparency through the availability of financial statements and tax forms on their website, further enhancing their credibility. Their low liabilities to assets ratio of 2.43% also suggests a stable financial position, reducing potential risks to the organization's sustainability.

Overall, Regent College Foundation exemplifies best practices in nonprofit management, making it a trustworthy choice for potential donors. There are no noted limitations in the available data, reinforcing the foundation's strong standing in the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Regent College Foundation legitimate?

Regent College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regent College 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


Official website here: www.rcfusa.org

What is the mission statement of Regent College Foundation?

The Regent College Foundation's mission is centered around promoting theological education. It supports graduate-level theological education that fosters a deep commitment to Jesus Christ, His church, and His world. The foundation encourages Regent College in delivering this education and participates in fundraising for specific programs and projects, such as student scholarships, which aid students from various parts of the globe. The foundation's aim is to cultivate individuals with intelligent, vigorous, and joyful dedication to their faith and its impact on the world.


Official website here: www.rcfusa.org

Who is the CEO of Regent College Foundation?

Mike Purdy is the Principal Officer of Regent College Foundation.


Official website here: www.rcfusa.org

What is the revenue of Regent College Foundation?

Regent College Foundation's revenue in 2022 was $2,359,102.


Official website here: www.rcfusa.org

Who are the executives of Regent College Foundation and what are their salaries?

There 6 volunteers at Regent College Foundation.


Here are 6 key members and their salaries:


Michael Purdy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Gibson (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrie Giddings (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Fankhauser (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abraham Galiano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Pastore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.rcfusa.org

Where can I find the form 990 for Regent College Foundation?

Regent College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rcfusa.org

Learn more at the official website: www.rcfusa.org

Mission Statement of Regent College Foundation

Regent College Foundation, a nonprofit organization, is dedicated to promoting theological education and supporting institutions that carry out this mission. The foundation's mission is to assist and encourage Regent College in delivering graduate-level theological education. This education is designed to cultivate an intellectually rigorous, energetic, and joyful commitment to Jesus Christ, His church, and His world.

In line with this mission, Regent College Foundation participates in fundraising for specific programs and projects of Regent College. These efforts include providing scholarships to students from the United States and around the world, thereby supporting the diversity of theological education. The foundation's activities are geared towards strengthening Regent College's capacity to deliver quality theological education, thereby contributing to the intellectual and spiritual growth of its students.

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Impact




July, 2024

Regent College Foundation's impact lies in promoting graduate-level theological education and supporting institutions dedicated to this cause. By assisting Regent College in delivering theological education, the foundation plays a crucial role in cultivating a community of individuals committed to Jesus Christ, His church, and His world. Through fundraising efforts for student scholarships and specific programs, Regent College Foundation ensures that students from the United States and around the world have access to quality theological education that nurtures intelligent, vigorous, and joyful commitment.




This information is meant to be a general summary of Regent College 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.

Revenue
$2,359,102 (2022)
Expenses
$2,888,798 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$539
  • Gross Receipts: $2,598,858

Assets and Liabilities:

  • Total Assets: $182,703
  • Total Liabilities: $2,914
  • Net Assets: $179,789

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Organization Details

Founding Year

1983

Principal Officer

Mike Purdy

Main Address

PO BOX 33276, SEATTLE, WA, 98133

NTEE Category

Code: B43 - Education

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