Overview
What is Cal State East Bay Educational Foundation?
The Cal State East Bay Educational Foundation is a charitable organization situated in Hayward, California. Its primary role involves managing both unrestricted and restricted gifts intended for California State University East Bay. These contributions are subsequently distributed to deserving students by the university itself. The foundation also handles donations earmarked for specific colleges and departments within the university, in accordance with the donors' wishes. Beyond financial management, the foundation's trustees actively support the university through advocacy, personal contributions, and counsel to its advancement program.
Official website here: www.csueastbay.edu/giving/index.html
What are the reviews and ratings of this charity?
**:** Charity Navigator Rating 97% (Four-Star out of Four Stars)-Star)
Cal State East Bay Educational Foundation has achieved an impressive 97% score from Charity Navigator, reflecting a strong commitment to accountability and finance. The foundation's rating is underpinned by complete transparency, demonstrated by a fully independent board and robust financial oversight practices. High marks in various categories, including a low liabilities to assets ratio and significant program expense ratios, showcase effective resource management and a focus on fulfilling its mission.
The organizational strengths are highlighted by its commitment to sound governance, with a remarkable percentage of independent board members and comprehensive policies in place to prevent conflicts of interest and ensure ethical operations. The foundation's operational efficiency is also noted, with a strong program expense ratio indicating that a significant portion of funds are directed towards its charitable activities.
No user reviews were available from GreatNonprofits, which limits insights into personal experiences with the foundation. However, the positive financial rating suggests that donors can have confidence in Cal State East Bay Educational Foundation's accountability and effectiveness in utilizing contributions for its educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Cal State East Bay Educational Foundation legitimate?
Cal State East Bay Educational Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cal State East Bay Educational 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.
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Official website here: www.csueastbay.edu/giving/index.html
What is the mission statement of Cal State East Bay Educational Foundation?
The Cal State East Bay Educational Foundation's primary mission is to manage both restricted and unrestricted gifts, benefiting California State University East Bay. In addition to this, the foundation's trustees actively support the university through advocacy, development, personal contributions, and counsel to the university's advancement program. The educational foundation receives gifts for scholarships and financial assistance, which it then transfers to the university for distribution to students. The university, not the foundation, selects the recipients of these funds. Furthermore, the foundation also manages restricted contributions earmarked for specific colleges and departments within the university, adhering to the wishes of the donors.
Official website here: www.csueastbay.edu/giving/index.html
Who is the CEO of Cal State East Bay Educational Foundation?
Evelyn Buchanan is the Principal Officer of Cal State East Bay Educational Foundation.
Official website here: www.csueastbay.edu/giving/index.html
What is the revenue of Cal State East Bay Educational Foundation?
Cal State East Bay Educational Foundation's revenue in 2022 was $10,784,562.
Official website here: www.csueastbay.edu/giving/index.html
Who are the executives of Cal State East Bay Educational Foundation and what are their salaries?
There 30 volunteers at Cal State East Bay Educational Foundation.
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Official website here: www.csueastbay.edu/giving/index.html
Where can I find the form 990 for Cal State East Bay Educational Foundation?
Cal State East Bay Educational Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.csueastbay.edu/giving/index.html
Learn more at the official website: www.csueastbay.edu/giving/index.html
Mission Statement of Cal State East Bay Educational Foundation
The Cal State East Bay Educational Foundation serves a vital role in managing both restricted and unrestricted gifts intended for California State University East Bay. Beyond this duty, the trustees of the foundation contribute to the university's advancement program through advocacy, personal contributions, development, and offering counsel. The foundation's primary task involves accepting and overseeing donations for scholarships and financial aid, which the university subsequently distributes to eligible students. The foundation also handles restricted contributions earmarked for specific colleges and departments within the university, ensuring that these funds are allocated according to the donors' wishes. In this manner, the Cal State East Bay Educational Foundation plays a significant role in supporting the university and its students.
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Impact
July, 2024
Cal State East Bay Educational Foundation plays a vital role in managing and distributing gifts that benefit California State University East Bay. By receiving and transferring scholarships and financial assistance to the university for distribution to students, the foundation directly supports the educational pursuits of individuals seeking higher education. Additionally, the foundation facilitates the transfer of restricted contributions earmarked for specific colleges and departments within the university, aligning with the donors' intentions to provide targeted support. Through its activities, the foundation contributes to enhancing educational opportunities and fostering academic growth at California State University East Bay.
This information is meant to be a general summary of Cal State East Bay Educational 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: $1,948,978
- Program Service Revenue: $260,250
- Gross Receipts: $17,301,674
Assets and Liabilities:
- Total Assets: $26,843,433
- Total Liabilities: $12,393
- Net Assets: $26,831,040
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER OPERATING REVENUE
Revenue
$260,250
Organization Details
Founding Year
1963
Phone
(510) 885-3834Principal Officer
Evelyn Buchanan
Main Address
25800 CARLOS BEE BLVD SA 2750, HAYWARD, CA, 94542
NTEE Category
Code: B110 - Education
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