Overview
What is Western Oregon University Development Foundation?
Western Oregon University Development Foundation is a nonprofit organization located at 345 N Monmouth Ave, Monmouth, OR 97361. Their primary mission is to strengthen relationships and offer resources to support Western Oregon University's mission and vision. They achieve this by providing scholarships, student aid, and student loans to 464 students. The foundation actively works to expand its scholarship capacity and engages donors to create new scholarships or endowments. The scholarships help make higher education more affordable, enabling students to have a more enriching college experience.
Official website here: www.wou.edu/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Western Oregon University Development Foundation has achieved a perfect score of 100% from Charity Navigator, reflecting exceptional accountability and financial health. This high rating highlights the organization’s commitment to transparency and sound management practices, making it a trusted entity for potential donors.
Key strengths of the foundation include a fully independent board and rigorous financial oversight, which contribute to its robust governance structure. The organization consistently demonstrates strong financial ratios, with program expenses making up over 84% of its spending, indicating a focus on its mission rather than administrative costs. The foundation also maintains excellent fundraising efficiency, ensuring that donor contributions are maximized for impact.
While the overall data reflects a well-managed organization, potential supporters can feel confident in the foundation's commitment to ethical practices and sound fiscal management. The absence of any material diversions of assets or conflicts of interest further enhances its reputation as a responsible nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Western Oregon University Development Foundation legitimate?
Western Oregon University Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Oregon University Development 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:
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For more financial information, click here
Official website here: www.wou.edu/foundation
What is the mission statement of Western Oregon University Development Foundation?
The Western Oregon University Development Foundation's mission is centered around strengthening relationships and providing resources to support the mission and vision of Western Oregon University. Their primary objective is to serve the university by leveraging these relationships and resources. The foundation plays a significant role in offering scholarships, student aid, and loans to 464 Western Oregon University students, enabling them to continue their education and complete their degrees. The board and staff of the foundation are actively engaged in expanding their capacity for scholarships and engage donors to establish new named scholarships, endowments, or contribute to the general scholarship fund. Scholarships provided by the foundation offer students the opportunity to have a more enriching college experience, affordability, and the ability to explore more opportunities.
Official website here: www.wou.edu/foundation
Who is the CEO of Western Oregon University Development Foundation?
Cara Groshong is the Past Chair of Western Oregon University Development Foundation.
Official website here: www.wou.edu/foundation
What is the revenue of Western Oregon University Development Foundation?
Western Oregon University Development Foundation's revenue in 2022 was $4,044,071.
Official website here: www.wou.edu/foundation
Who are the executives of Western Oregon University Development Foundation and what are their salaries?
There 168 volunteers at Western Oregon University Development Foundation.
Here are 28 key members and their salaries:
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- Related: $145,448
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Official website here: www.wou.edu/foundation
Where can I find the form 990 for Western Oregon University Development Foundation?
Western Oregon University Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wou.edu/foundation
Learn more at the official website: www.wou.edu/foundation
Mission Statement of Western Oregon University Development Foundation
The Western Oregon University Development Foundation's mission is centered around strengthening relationships and providing resources to serve and support the mission and vision of Western Oregon University. In essence, the foundation aims to foster connections and offer essential aid to further the goals and ideals of the university. This mission is carried out through various means, including the provision of scholarships, student aid, and student loans to over 460 students, totaling $1,004,501. The foundation's board and staff are actively engaged in expanding their capacity for scholarships, and they work with donors to establish new named scholarships, endowments, or contribute to the general scholarship fund. These scholarships offer students the opportunity to fully immerse themselves in their educational journey, broaden their experiences, and make higher education more financially accessible.
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Impact
July, 2024
The Western Oregon University Development Foundation plays a crucial role in supporting the mission and vision of Western Oregon University by providing resources to strengthen relationships and assist students in continuing their education. Through the foundation's efforts, 464 WOU students received a total of $1,004,501 in scholarships, student aid, and student loans. This financial support enables students to pursue their degrees, experience college more fully, and make higher education more affordable. The foundation actively works to grow its capacity for scholarships, engaging donors to create new named scholarships, endowments, or contribute to the general scholarship fund. By facilitating access to financial assistance, the foundation positively impacts students' academic journeys and helps them achieve their educational goals.
This information is meant to be a general summary of Western Oregon University Development 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: $1,674,912
- Program Service Revenue: $107,398
- Gross Receipts: $7,281,240
Assets and Liabilities:
- Total Assets: $24,366,493
- Total Liabilities: $750,476
- Net Assets: $23,616,017
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAMS AND TRIP INCOME
Revenue
$107,398
Organization Details
Founding Year
1965
Phone
(503) 838-8281Principal Officer
Cara Groshong
Main Address
345 N MONMOUTH AVE, MONMOUTH, OR, 97361
Website
www.wou.edu/foundationNTEE Category
Code: B43I - Education
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