Overview
What is Oregon State University Foundation?
The Oregon State University Foundation, located at 4238 SW Research Way in Corvallis, Oregon, functions as a nonprofit organization. It collaborates with Oregon State University to engage the community, encourage investments, and manage resources to elevate the university's achievements and influence. The foundation is dedicated to distributing scholarships and student support in accordance with donors' intentions. With over 2,200 unique scholarship and fellowship funds established, the OSU Foundation ensures access to higher education for deserving students, regardless of financial circumstances, and helps the university attract exceptional students from Oregon and beyond. The organization's mission is to enhance the university's excellence and impact for a better world.
Official website here: www.osufoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
The Oregon State University Foundation has achieved a remarkable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The foundation's overall score is derived solely from its impressive Accountability & Finance score, which stands at 99%. This reflects the organization’s commitment to maintaining transparency and effective governance, demonstrated by its majority independent board, comprehensive audits, and rigorous financial practices.
Strengths of the foundation include its robust policies on conflict of interest and whistleblower protections, both of which are fully documented. The organization excels in financial metrics, showcasing an impressive program expense ratio of 77.13% and a fundraising efficiency ratio of just $0.16. These figures illustrate the foundation's ability to effectively utilize donations toward its mission and maintain a healthy balance between liabilities and assets.
However, a notable limitation is the absence of a donor privacy policy, which could raise concerns regarding the protection of donor information. Despite this, the foundation's overall performance and dedication to accountability suggest that it is a responsible steward of its resources, fostering trust among its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Oregon State University Foundation legitimate?
Oregon State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oregon 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: $3,806,585
Professional Fundraising Fees: $15,272
Other Salaries and Wages: $22,029,183
For more financial information, click here
Official website here: www.osufoundation.org
What is the mission statement of Oregon State University Foundation?
The Oregon State University Foundation works in collaboration with Oregon State University to engage the community, inspire investments, and manage resources to enhance the university's excellence and impact. Their mission is geared towards making a difference by supporting Oregon State University in various ways.
Through scholarships, fellowships, and other awards, the foundation helps ensure that deserving students, regardless of their economic circumstances, can afford an OSU education. The foundation manages over 2,200 unique scholarship and fellowship funds, which have been established by generous donors over the years. These funds play a crucial role in allowing the University to attract and retain top-notch students from Oregon and beyond.
Official website here: www.osufoundation.org
Who is the CEO of Oregon State University Foundation?
Shawn Scoville is the President And Ceo of Oregon State University Foundation. The CEO's salary of Oregon State University Foundation is $621,594 and their total compensation is $687,690.
Official website here: www.osufoundation.org
What is the revenue of Oregon State University Foundation?
Oregon State University Foundation's revenue in 2022 was $272,172,005.
Official website here: www.osufoundation.org
Who are the executives of Oregon State University Foundation and what are their salaries?
The average compensation at Oregon State University Foundation during 2022 was $148,481. There are 174 employees and 33 volunteers at Oregon State University Foundation.
Here are 43 key members and their salaries (Oregon State University Foundation's CEO's salary is $621,594 and their total compensation is $687,690):
- Compensation: $621,594
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- Other: $66,096
- Compensation: $331,970
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- Other: $70,758
- Compensation: $327,068
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- Other: $62,115
- Compensation: $302,033
- Related: $0
- Other: $63,693
- Compensation: $271,714
- Related: $0
- Other: $69,030
- Compensation: $256,423
- Related: $0
- Other: $69,236
- Compensation: $248,948
- Related: $0
- Other: $70,256
- Compensation: $239,242
- Related: $0
- Other: $68,790
- Compensation: $222,111
- Related: $0
- Other: $49,429
- Compensation: $121,853
- Related: $0
- Other: $27,855
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Official website here: www.osufoundation.org
Where can I find the form 990 for Oregon State University Foundation?
Oregon State University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.osufoundation.org
Learn more at the official website: www.osufoundation.org
Mission Statement of Oregon State University Foundation
The Oregon State University Foundation, with its mission, works in alliance with Oregon State University to foster engagement with the community, instigate investment, and oversee the allocation of resources. The ultimate goal is to augment the university's prowess and reach.
In the realm of education, the OSU Foundation plays a pivotal role by distributing funds, as per donor intentions, to the university. These resources support students through a myriad of means, including scholarships, fellowships, and other awards. Over the years, countless donors have established more than 2,200 distinct scholarship and fellowship funds at the OSU Foundation. These funds serve to make an Oregon State University education accessible to deserving students, regardless of their socio-economic backgrounds, and enable the university to attract and retain exceptional students from both Oregon and beyond.
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Impact
October, 2024
The Oregon State University Foundation significantly enhances the university's excellence and impact through strategic partnerships and resource stewardship. In fiscal year 2022, it distributed substantial financial support aimed at fostering student success via scholarships, fellowships, and other awards, all aligned with donor intentions.
With over 2,200 unique scholarship and fellowship funds established, the foundation plays a crucial role in ensuring that education at Oregon State University remains accessible to qualified students, regardless of their financial circumstances. This investment not only aids in recruiting and retaining outstanding students from Oregon and beyond but also contributes to cultivating a diverse and talented academic community. Ultimately, the foundation's efforts help create pathways for students to achieve their educational and professional goals, reinforcing Oregon State University's mission to inspire and uplift the community and the broader world.
This information is meant to be a general summary of Oregon 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 2022.
- Investment Income: $63,233,495
- Program Service Revenue: $1,577,600
- Gross Receipts: $356,426,113
Assets and Liabilities:
- Total Assets: $1,086,662,227
- Total Liabilities: $117,321,051
- Net Assets: $969,341,176
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other Revenue - OBN Parking
Revenue
$500,464
Other Revenue - OSU Sports Pass
Revenue
$405,861
Other Revenue - Registrations
Revenue
$264,310
Organization Details
Founding Year
1947
Phone
(541) 737-4218Principal Officer
Shawn Scoville
Main Address
4238 SW Research Way, Corvallis, OR, 973331068
Website
www.osufoundation.orgNTEE Category
Code: B110 - Education
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