Overview
What is Portland State University Foundation?
Portland State University Foundation is a nonprofit organization based in Oregon that raises and manages private funds to support Portland State University's mission to be a leading urban university. The foundation invests donations responsibly, in accordance with donors' wishes, and contributes to the university's institutional excellence. Its primary goal is to fulfill the philanthropic needs of Portland State University and advance its priorities. The Portland State University Foundation is an essential partner in realizing the university's vision and mission.
Official website here: www.psuf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
The Portland State University Foundation has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. This rating is derived from an overall score focused on accountability and finance, where the organization scored particularly well in governance and oversight, reflecting strong practices in transparency.
The foundation boasts a fully independent board consisting of 31 members, with no material diversions of assets reported. Additionally, it has robust policies in place, including conflict of interest and whistleblower policies, all of which contribute to its strong governance structure. Financially, it maintains a solid liabilities to assets ratio and effective program expense ratios, demonstrating efficient use of funds.
While the foundation's fundraising efficiency is commendable, scoring slightly lower within that category, it still maintains a strong working capital ratio. Overall, the Portland State University Foundation stands out for its commitment to accountability, transparency, and effective financial management, making it a reliable choice for donors looking to support higher education initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Portland State University Foundation legitimate?
Portland State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Portland State 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: $948,559
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,781,163
For more financial information, click here
Official website here: www.psuf.org
What is the mission statement of Portland State University Foundation?
The Portland State University Foundation plays a crucial role in raising and managing private funds to advance the priorities and mission of Portland State University (PSU). By securing philanthropic gifts, these resources are invested prudently and administered according to donors' wishes. The foundation's purpose is to support PSU in its endeavor to be a leading public urban university. Its vision is to meet the philanthropic needs of the university, ultimately contributing to its institutional excellence.
Official website here: www.psuf.org
Who is the CEO of Portland State University Foundation?
Sarah Schwarz is the CEO of Portland State University Foundation The CEO's salary of Portland State University Foundation is $391,103 and their total compensation is $442,218.
Official website here: www.psuf.org
What is the revenue of Portland State University Foundation?
Portland State University Foundation's revenue in 2024 was $40,787,290.
Official website here: www.psuf.org
Who are the executives of Portland State University Foundation and what are their salaries?
The average compensation at Portland State University Foundation during 2024 was $72,528. There are 79 employees and 123 volunteers at Portland State University Foundation.
Here are 39 key members and their salaries (Portland State University Foundation's CEO's salary is $391,103 and their total compensation is $442,218):
- Compensation: $391,103
- Related: $0
- Other: $51,115
- Compensation: $204,846
- Related: $0
- Other: $32,667
- Compensation: $171,278
- Related: $0
- Other: $28,732
- Compensation: $176,682
- Related: $0
- Other: $21,226
- Compensation: $152,754
- Related: $0
- Other: $39,396
- Compensation: $133,148
- Related: $0
- Other: $32,727
- Compensation: $129,241
- Related: $0
- Other: $36,556
- Compensation: $131,625
- Related: $0
- Other: $23,973
- Compensation: $114,067
- Related: $0
- Other: $35,023
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Official website here: www.psuf.org
Where can I find the form 990 for Portland State University Foundation?
Portland State University Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.psuf.org
Learn more at the official website: www.psuf.org
Mission Statement of Portland State University Foundation
The Portland State University Foundation serves a crucial role in advancing Portland State University's (PSU) mission as a leading urban university. This nonprofit organization is dedicated to raising and managing private resources, investing them responsibly, and stewarding them in accordance with donors' wishes. By doing so, it supports PSU's priorities and contributes significantly to institutional excellence.
The Portland State University Foundation's primary objective is to fulfill the philanthropic needs of the university. It achieves this by securing philanthropic gifts and transforming them into valuable resources for PSU. These resources enable the university to enhance its academic programs, conduct groundbreaking research, and provide scholarships to deserving students. The foundation's mission is aligned with PSU's vision of becoming a leading public urban university, ensuring that the institution has access to the necessary resources to achieve its goals.
The Portland State University Foundation's dedication extends beyond just fundraising. It is also responsible for managing the private resources effectively, ensuring they are invested responsibly and in accordance with donors' wishes. In doing so, it fosters trust and confidence among donors, allowing them to continue their support for the university. This prudent stewardship of resources ensures that PSU can focus on its mission of providing quality education and contributing to the urban community.
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Impact
October, 2024
The Portland State University Foundation plays a critical role in shaping the future of Portland State University by raising and managing private resources that directly support the university's mission of being a leading public urban institution. By securing philanthropic gifts, the Foundation helps enhance educational opportunities, promote research initiatives, and support community engagement activities.
Through responsible investment and stewardship of these resources, the Foundation ensures that donations are utilized effectively, aligning with donors' wishes and maximizing their impact. This financial support contributes significantly to institutional excellence, enabling the university to attract and retain talented faculty, provide scholarships to students, and develop programs that address urban challenges.
Ultimately, the efforts of the Portland State University Foundation fulfill essential philanthropic needs, playing a vital role in advancing the university's priorities and fostering an enriched learning environment that benefits both the student body and the wider community in Portland and beyond.
This information is meant to be a general summary of Portland State 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 2024.
- Investment Income: $3,993,960
- Program Service Revenue: $6,864,489
- Gross Receipts: $49,403,348
Assets and Liabilities:
- Total Assets: $160,720,485
- Total Liabilities: $7,221,913
- Net Assets: $153,498,572
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICE REVEN
Revenue
$6,402,936
OTHER PROGRAM SERVICE
Revenue
$387,887
SPECIAL EVENTS
Revenue
$73,666
Organization Details
Founding Year
1963
Principal Officer
Stacey Henriquez
Website
www.psuf.orgNTEE Category
Code: B80 - Education
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