Overview
What is Cal Poly Humboldt Foundation?
The Cal Poly Humboldt Foundation is a nonprofit organization situated in Arcata, California. Its primary role is to oversee and manage various charitable funds and investments, ensuring they adhere to donor intentions. This includes administering 241 charitable accounts dedicated to university purposes, managing 269 endowed and one non-endowed investment accounts, and forwarding earnings to 155 scholarship funds and 56 campus programs. The foundation's mission is to provide expertise, fiduciary oversight, and advocacy to boost charitable giving, thereby ensuring the effective utilization of endowments and other charitable funds. By stewarding assets, deploying assets efficiently, raising new assets, aligning strategies, and advocating on the university's behalf, the Cal Poly Humboldt Foundation plays a crucial role in supporting Humboldt State University.
Official website here: www.giving.humboldt.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
The Cal Poly Humboldt Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The high score indicates a well-managed organization, demonstrating a commitment to transparency with a majority independent board and comprehensive auditing processes. Their financial practices, including a low percentage of liabilities to assets, suggest that they are operating efficiently and responsibly.
The foundation's program expense ratio shows that a significant portion of its revenue is being directed towards its mission, which is a positive indicator of its impact. However, it's worth noting that the absence of a whistleblower policy could present a potential area for improvement in governance practices.
Not Available
This AI summary has been generated from information found on Charity Navigator.
Is Cal Poly Humboldt Foundation legitimate?
Cal Poly Humboldt Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cal Poly Humboldt 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: $0
For more financial information, click here
Official website here: www.giving.humboldt.edu
What is the mission statement of Cal Poly Humboldt Foundation?
The Cal Poly Humboldt Foundation's mission is to offer expertise, fiduciary oversight, and advocacy to boost charitable contributions and manage endowment and other charitable funds. It serves Humboldt State University by ensuring contributions are well-invested and used as intended, efficiently distributing funds to the university, engaging in the fundraising process to increase charitable contributions, aligning strategies with the university's direction, and acting as advocates for the university.
Official website here: www.giving.humboldt.edu
Who is the CEO of Cal Poly Humboldt Foundation?
Frank Whitlatch is the Executive Director & Secre of Cal Poly Humboldt Foundation.
Official website here: www.giving.humboldt.edu
What is the revenue of Cal Poly Humboldt Foundation?
Cal Poly Humboldt Foundation's revenue in 2023 was $10,878,555.
Official website here: www.giving.humboldt.edu
Who are the executives of Cal Poly Humboldt Foundation and what are their salaries?
There 13 volunteers at Cal Poly Humboldt Foundation.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $237,711
- Other: $100,670
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- Other: $0
- Compensation: $0
- Related: $509,728
- Other: $147,255
- Compensation: $0
- Related: $120,203
- Other: $190,107
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.giving.humboldt.edu
Where can I find the form 990 for Cal Poly Humboldt Foundation?
Cal Poly Humboldt Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.giving.humboldt.edu
Learn more at the official website: www.giving.humboldt.edu
Mission Statement of Cal Poly Humboldt Foundation
The Cal Poly Humboldt Foundation is dedicated to providing expertise, fiduciary oversight, and advocacy to boost charitable giving and manage endowments and other charitable funds. In essence, its mission is to ensure that donations are invested wisely and utilized according to donors' intentions, distribute funds efficiently and productively within the university, engage in fundraising activities to increase the quantity and quality of charitable contributions, align strategies with the university's objectives, and serve as an advocate and ambassador for the institution.
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Impact
July, 2024
The Cal Poly Humboldt Foundation has a significant impact on Humboldt State University by providing expertise, fiduciary oversight, and advocacy to increase charitable giving and manage the endowment and other charitable funds. The Foundation serves the university by stewarding assets to ensure contributions are well-invested and used as donors intend, deploying assets efficiently to support the university's programs and initiatives, raising new assets through fundraising efforts, aligning strategically with the university's goals, and serving as spokespersons and ambassadors for the institution. Overall, the Foundation's work contributes to the enhancement of educational opportunities and resources at Humboldt State University.
This information is meant to be a general summary of Cal Poly Humboldt 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 2023.
- Investment Income: $551,630
- Program Service Revenue: $1,514,042
- Gross Receipts: $18,609,853
Assets and Liabilities:
- Total Assets: $59,513,876
- Total Liabilities: $5,843,929
- Net Assets: $53,669,947
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COST RECOVERY
Revenue
$649,362
OTHER CAMPUS ACTIVITES
Revenue
$598,561
INDIRECT COST - TRUST
Revenue
$266,119
Organization Details
Founding Year
1928
Phone
(707) 826-5146Principal Officer
Frank Whitlatch
Main Address
1 HARPST STREET, ARCATA, CA, 95521
Website
www.giving.humboldt.eduNTEE Category
Code: B42I - Education
If you are a representative of Cal Poly Humboldt Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.