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University Of Nevada Reno Foundation

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

EIN: 942781749 ✦ Reno, NV ✦ Designated as a 501(c)(3)

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Overview

What is University Of Nevada Reno Foundation?

The University of Nevada Reno Foundation is a nonprofit organization based in Reno, Nevada, specifically at 1664 N Virginia Mail Stop 0162. Its primary mission is to facilitate charitable giving for the University of Nevada, Reno, with a focus on enhancing the quality of education. The Foundation manages donated funds according to their designated purposes and provides programmatic funding for students, faculty, research, and the community. The organization stewards 61 endowed professorships and chairs for 2022. Overall, the University of Nevada Reno Foundation plays a crucial role in supporting and assisting the educational institution by aiding in the disbursement of funds for various designated purposes.


Official website here: www.unr.edu/giving/foundation

What are the reviews and ratings of this charity?

Charity Navigator rating: 92% (Four-Star out of Four Star rating)

The University of Nevada Reno Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong accountability and financial management. With a score of 92%, the foundation demonstrates a commitment to transparency and effective management practices, particularly in its accountability and finance metrics.

Key strengths include an entirely independent board and robust financial oversight mechanisms, alongside a high program expense ratio of 82.77%. This indicates that the vast majority of its resources are directed toward its mission rather than administrative costs. The foundation also benefits from a low fundraising efficiency ratio, which suggests it incurs minimal costs in raising funds.

While the data highlights significant strengths, it is essential for potential donors to consider the foundation's overall mission and impact in the community. The focus on accountability suggests a well-run organization, but ongoing transparency and effective communication about its programs and outcomes will be vital for maintaining trust and support from its stakeholders.


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

Is University Of Nevada Reno Foundation legitimate?

University Of Nevada Reno Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Nevada Reno 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: $2,289,516

For more financial information, click here


Official website here: www.unr.edu/giving/foundation

What is the mission statement of University Of Nevada Reno Foundation?

The University of Nevada Reno Foundation plays a crucial role in aiding and supporting the University of Nevada, Reno, with a mission to enhance the quality of education. Through charitable giving, the foundation facilitates the receipt and management of gifts and grants. The funds are allocated according to the designated purpose, providing programmatic support for students, faculty, research, and the broader community. The foundation's efforts have resulted in the establishment of numerous endowed professorships and chairs, totaling 61 for the year 2022. By securing financial resources, the University of Nevada, Reno can continually strive for educational excellence.


Official website here: www.unr.edu/giving/foundation

Who is the CEO of University Of Nevada Reno Foundation?

Beth Padovan is the Chair of University Of Nevada Reno Foundation.


Official website here: www.unr.edu/giving/foundation

What is the revenue of University Of Nevada Reno Foundation?

University Of Nevada Reno Foundation's revenue in 2022 was $59,644,067.


Official website here: www.unr.edu/giving/foundation

Who are the executives of University Of Nevada Reno Foundation and what are their salaries?

There 350 volunteers at University Of Nevada Reno Foundation.


Here are 48 key members and their salaries:


Jeff Rodefer (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Morgan (Chair Elect/Vice Chair, Governance)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mick Hitchcock (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Mello (Vice Chair Events)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Denzler (Vice Chair Investment)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Kruse (Vice Chair Nominating)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felicia O Carroll (Vice Chair Audit (Until 06/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Gallagher (Vice Chair Gifts)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Pagliarini (Vice Chair Development)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Lafrance (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Miltenberger (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Opal Adams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amie Chapman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Wallace (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Barbash (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Osorno (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Jeannes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Lofrese (Trustee (From Mid-Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Bernard Ii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevinn Pinkney (Trustee (From Mid-Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Brady (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dina Hunsberger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Stevenson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Costa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Smith (Trustee (From Mid-Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Hawkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Kramer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Granier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonard Wohletz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Lipparelli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vick Wowo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Witter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Wallace (Trustee (From Mid-Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Sala (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Byrne (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Dermody (Trustee (From Mid-Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Desmond (Trustee (From Mid-Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Deena Behnke (Trustee (Left Mid-Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen Mullarkey-Miller (Trustee (Left Mid-Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Kappes (Trustee (Left Mid-Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Dooley (Trustee (Left Mid-Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ty Wendfelt (Trustee (Left Mid-Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Clemons (Trustee (Left Mid-Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Sandoval (President, Unr)
  • Compensation: $0
  • Related: $473,129
  • Other: $129,562
Lynda Buhlig Left 092021 (Interim Executive Director)
  • Compensation: $0
  • Related: $179,193
  • Other: $75,879
Laurie Mclanahan Left 032022 (Treasurer/Associate Vp, Un)
  • Compensation: $0
  • Related: $181,861
  • Other: $72,879
William Johnson From 92021 (Executive Director)
  • Compensation: $0
  • Related: $81,190
  • Other: $14,989
Beth Padovan From 032022 (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.unr.edu/giving/foundation

Where can I find the form 990 for University Of Nevada Reno Foundation?

University Of Nevada Reno Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.unr.edu/giving/foundation

Learn more at the official website: www.unr.edu/giving/foundation

Mission Statement of University Of Nevada Reno Foundation

The University of Nevada Reno Foundation is a charitable organization dedicated to aiding, supporting, and assisting the University of Nevada, Reno, in enhancing the quality of education. Through facilitating gifts and grants, the Foundation plays a crucial role in raising funds for the university. These funds are then managed and disbursed according to the designated restricted purpose for which they were donated.

The Foundation's mission in action translates to providing programmatic funding for various university initiatives. This support reaches students, faculty, research, and the community. For instance, the Foundation has established 61 endowed professorships and chairs for the academic year 2022, ensuring a continued investment in the university's educational excellence. By channeling charitable giving to specific causes, the University of Nevada Reno Foundation helps bolster the university's capacity to make a difference.

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Impact




October, 2024

The University of Nevada Reno Foundation significantly enhances the quality of education at the University of Nevada, Reno through effective management and disbursement of funds. By receiving donations and allocating them for designated purposes, the foundation provides essential programmatic funding that supports students, faculty, and research initiatives.

One of the notable impacts of the foundation is its establishment of 61 endowed professorships and chairs in 2022, which attract and retain distinguished faculty members, thereby enriching the academic experience for students. The foundation's commitment to facilitating charitable gifts and grants ensures that resources are directed towards improving educational opportunities and supporting community engagement in the region.

Overall, the University of Nevada Reno Foundation plays a crucial role in fostering a dynamic learning environment that benefits both students and the broader community, ultimately contributing to the advancement of higher education in Nevada.




This information is meant to be a general summary of University Of Nevada Reno 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
$59,644,067 (2022)
Expenses
$32,271,203 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $17,218,310
  • Program Service Revenue: $1,047,804
  • Gross Receipts: $141,128,841

Assets and Liabilities:

  • Total Assets: $387,075,981
  • Total Liabilities: $7,422,061
  • Net Assets: $379,653,920

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Educational Support Services

Revenue

$1,047,804

Organization Details

Founding Year

1981

Principal Officer

Beth Padovan

Main Address

1664 N Virginia Mail Stop 0162, Reno, NV, 895570162

NTEE Category

Code: B11 - Education

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