Overview
What is Ashesi University Foundation?
Ashesi University Foundation is a nonprofit organization, headquartered in Seattle, Washington. Their primary mission is to support educational opportunities in Ghana, contributing to the growth of Ashesi University. To achieve this goal, they raise funds to maintain a substantial percentage of students on scholarships, currently at 46%. Their commitment extends beyond just financial aid, as they aim to provide comprehensive support for these students. With a small team of eight dedicated individuals, Ashesi University Foundation plays a significant role in promoting access to quality education in Ghana.
Official website here: www.ashesi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
The Ashesi University Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The foundation's overall score is based entirely on its exceptional performance in the accountability and finance category, reflecting its robust operational practices and transparent governance.
Strengths of the foundation include a fully independent board with 94% of members being independent, along with effective oversight as evidenced by a well-structured audit committee. Financially, the foundation demonstrates a healthy balance between assets and liabilities, with a low ratio of 29.17%, and a high program expense ratio of 85.35%, indicating that a significant portion of funds is directed towards its mission. Additionally, the fundraising efficiency is commendable, with costs kept to just $0.07 for each dollar raised.
There are no noted limitations or concerns regarding Ashesi University Foundation's operations. Its policies around conflicts of interest, whistleblower protections, and document retention demonstrate a commitment to ethical governance. Overall, the foundation appears to be a highly effective organization that utilizes its resources wisely to further its educational mission.
This AI summary has been generated from information found on Charity Navigator.
Is Ashesi University Foundation legitimate?
Ashesi University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ashesi 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: $248,390
Professional Fundraising Fees: $0
Other Salaries and Wages: $259,570
For more financial information, click here
Official website here: www.ashesi.org
What is the mission statement of Ashesi University Foundation?
The Ashesi University Foundation's mission is centered around providing support for educational opportunities in Ghana. This support is crucial in maintaining a significant percentage of students at Ashesi University on scholarships. Currently, approximately 46% of the university's students benefit from financial aid, which is funded through tuition and donor contributions. The foundation's aim is to contribute to the expansion of educational prospects for individuals in Ghana.
Official website here: www.ashesi.org
Who is the CEO of Ashesi University Foundation?
Patrick Awuah is the Foundation President of Ashesi University Foundation.
Official website here: www.ashesi.org
What is the revenue of Ashesi University Foundation?
Ashesi University Foundation's revenue in 2022 was $6,199,311.
Official website here: www.ashesi.org
Who are the executives of Ashesi University Foundation and what are their salaries?
The average compensation at Ashesi University Foundation during 2022 was $63,495. There are 8 employees and 20 volunteers at Ashesi University Foundation.
Here are 19 key members and their salaries:
- Compensation: $71,167
- Related: $62,400
- Other: $22,595
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- Compensation: $115,733
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- Other: $15,382
Official website here: www.ashesi.org
Where can I find the form 990 for Ashesi University Foundation?
Ashesi University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ashesi.org
Learn more at the official website: www.ashesi.org
Mission Statement of Ashesi University Foundation
Ashesi University Foundation, a dedicated nonprofit organization, is committed to supporting educational opportunities in Ghana. Their mission is to provide financial aid and scholarships, ensuring that a significant portion of students at Ashesi University can pursue their education without financial burden. Currently, 46% of the university's students benefit from this financial aid, a testament to the foundation's unwavering dedication to its cause. By offering scholarships, Ashesi University Foundation is contributing to the enrichment of Ghana's educational landscape, empowering students to reach their full potential and contribute positively to their communities.
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Impact
July, 2024
Ashesi University Foundation's impact is significant in providing support for educational opportunities in Ghana. Through scholarships and financial aid, the foundation helps a considerable percentage of students at Ashesi University access quality education. This support not only benefits the individual students but also contributes to the overall development and advancement of education in Ghana.
This information is meant to be a general summary of Ashesi 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.
- Investment Income: $197,280
- Gross Receipts: $6,384,399
Assets and Liabilities:
- Total Assets: $15,361,175
- Total Liabilities: $4,481,346
- Net Assets: $10,879,829
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Organization Details
Founding Year
1999
Phone
(206) 545-6988Principal Officer
Patrick Awuah
Main Address
1201 3RD AVE 2200, SEATTLE, WA, 98101
Website
www.ashesi.orgNTEE Category
Code: Q300 - International
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