Overview
What is Fu-Jen University Foundation?
Fu-Jen University Foundation is a nonprofit organization located in Glendale, California. Its primary mission is to raise funds from alumni, corporations, foundations, and supporters of Fu Jen Catholic University in Taiwan. The foundation's activities are manifold, encompassing various aspects of the university. These include providing financial aid and scholarships to students from various departments, supporting faculty research, and funding capital projects like a teaching hospital, a laboratory building for the College of Science & Engineering, and a global connection lab for the College of Foreign Languages.
Official website here: www.fujen.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 85% (Three-Star out of Four Star rating) from Charity Navigator.
Fu-Jen University Foundation has received a solid Three-Star rating from Charity Navigator, reflecting a commendable score of 85%. This rating indicates a strong commitment to accountability and finance, with all board members being independent and a clean record regarding material diversion of assets. The foundation has demonstrated excellent practices in governance, including a transparent website, whistleblower policy, and well-managed board meeting minutes.
One of the notable strengths of the organization is its high program expense ratio of 93.76%, suggesting that a significant portion of its funds is directed towards its charitable programs. Additionally, the foundation maintains a very low liabilities to assets ratio of 0.04%, indicating robust financial health and stability. The long working capital ratio of 2.88 years further highlights the foundation's ability to sustain its operations and fund its initiatives effectively.
However, the foundation faces challenges in fundraising efficiency, with a low score of $0.002, indicating that its fundraising efforts may not be as effective as desired. This aspect could be a limitation for the organization as it seeks to expand its reach and impact. Overall, while Fu-Jen University Foundation demonstrates strong governance and a commitment to its mission, enhancing its fundraising strategies could help bolster its financial sustainability in the long run.
This AI summary has been generated from information found on Charity Navigator.
Is Fu-Jen University Foundation legitimate?
Fu-Jen University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fu-Jen 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:
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For more financial information, click here
Official website here: www.fujen.org
What is the mission statement of Fu-Jen University Foundation?
The Fu-Jen University Foundation's mission revolves around raising funds from various sources, including alumni, corporations, foundations, and friends of Fu Jen Catholic University in Taiwan. This mission serves to support several activities, primarily focused on facilitating faculty research, providing financial aid and scholarships for students, and funding capital projects. These projects include constructing a teaching hospital, a laboratory building for the College of Science & Engineering, and a global connection lab for the College of Foreign Languages. The foundation's aim is to contribute positively to the academic growth and development of Fu Jen Catholic University.
Official website here: www.fujen.org
Who is the CEO of Fu-Jen University Foundation?
Frank S Yuan is the Director of Fu-Jen University Foundation.
Official website here: www.fujen.org
What is the revenue of Fu-Jen University Foundation?
Fu-Jen University Foundation's revenue in 2022 was $2,212,971.
Official website here: www.fujen.org
Who are the executives of Fu-Jen University Foundation and what are their salaries?
There 17 volunteers at Fu-Jen University Foundation.
Here are 16 key members and their salaries:
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Official website here: www.fujen.org
Where can I find the form 990 for Fu-Jen University Foundation?
Fu-Jen University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fujen.org
Learn more at the official website: www.fujen.org
Mission Statement of Fu-Jen University Foundation
The Fu-Jen University Foundation is dedicated to raising funds from various sources, including alumni, corporations, foundations, and benefactors of Fu Jen Catholic University in Taiwan. Its primary mission is multifaceted, encompassing several key areas. Firstly, the foundation supports faculty research, fostering academic growth and innovation within the university. Secondly, it provides financial aid and scholarships for students, ensuring accessibility to education for those who may not otherwise be able to afford it. Lastly, the foundation undertakes capital projects, such as constructing a teaching hospital, a laboratory building for the College of Science & Engineering, and a global connection lab for the College of Foreign Languages. These projects aim to enhance the university's infrastructure and facilities, thereby improving the educational experience for its students. In essence, the Fu-Jen University Foundation plays a crucial role in supporting the academic and financial needs of Fu Jen Catholic University, thereby contributing to its overall development and growth.
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Impact
July, 2024
Fu-Jen University Foundation's impact can be clearly seen in its support for faculty research, financial aid/scholarships for students, and various capital projects at Fu Jen Catholic University in Taiwan. Through its fundraising efforts from alumni, corporations, foundations, and friends, the foundation plays a crucial role in enabling the university to enhance its academic offerings and facilities. By providing grants and scholarships to students across different departments, the foundation is helping to make quality education more accessible.
Additionally, the foundation's contributions towards capital projects such as a teaching hospital, a laboratory building for the College of Science & Engineering, and a global connection lab for the College of Foreign Languages demonstrate its commitment to advancing research and innovation within the university. These facilities not only benefit the students and faculty but also have a broader impact on the community and society as a whole.
In summary, Fu-Jen University Foundation's philanthropic endeavors have a significant impact on Fu Jen Catholic University, empowering it to fulfill its mission of providing quality education and fostering academic excellence.
This information is meant to be a general summary of Fu-Jen 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: $381,772
- Gross Receipts: $2,212,971
Assets and Liabilities:
- Total Assets: $6,549,467
- Total Liabilities: $2,927
- Net Assets: $6,546,540
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Organization Details
Founding Year
2001
Phone
(818) 937-9688Principal Officer
Frank S Yuan
Main Address
222 MONTEREY ROAD 1005, GLENDALE, CA, 91206
Website
www.fujen.orgNTEE Category
Code: T20 - Philanthropy
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