Overview
What is Point Loma Nazarene University Foundation?
The Point Loma Nazarene University Foundation is a charitable organization situated in San Diego, California, specifically at 3900 Lomaland Drive. Its primary mission is to raise funds for Point Loma Nazarene University, primarily to provide financial aid to students. The foundation strives for excellence in strategic development, engaging major donors, and managing its assets effectively. Its primary objectives include supporting the university through major gift fundraising.
Official website here: www.pointloma.edu
What are the reviews and ratings of this charity?
**Rating: 84% (Three-Star out of Four Star Rating on Charity Navigator)**
The Point Loma Nazarene University Foundation has earned a strong Three-Star rating, highlighting its positive performance in accountability and finance. The foundation excels in areas such as having a majority of independent board members, maintaining a solid fiscal oversight, and demonstrating no material diversion of assets. While the overall finance score is commendable, there is an indication of a lower program expense ratio, suggesting that a smaller portion of their budget might be allocated directly to programs compared to administrative costs.
User reviews from GreatNonprofits are not available at this time, so sentiment analysis from the public cannot be provided. However, the evaluation of accountability and financial practices suggests that the organization operates transparently with effective governance measures in place. Overall, while the foundation demonstrates solid financial practices, its program spending warrants further attention to improve service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Point Loma Nazarene University Foundation legitimate?
Point Loma Nazarene University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Point Loma Nazarene 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,666
For more financial information, click here
Official website here: www.pointloma.edu
What is the mission statement of Point Loma Nazarene University Foundation?
The Point Loma Nazarene University Foundation's mission is centered around promoting major gift fundraising for Point Loma Nazarene University (PLNU). This is achieved through strategic development, engaging with major donors, and overseeing Foundation assets. The primary objective is to provide financial aid to students attending PLNU, with the funds raised by the Foundation primarily supporting this cause. The foundation aims to enhance the university's capabilities and opportunities for its students.
Official website here: www.pointloma.edu
What is the revenue of Point Loma Nazarene University Foundation?
Point Loma Nazarene University Foundation's revenue in 2024 was $4,807,116.
Official website here: www.pointloma.edu
Who are the executives of Point Loma Nazarene University Foundation and what are their salaries?
There 10 volunteers at Point Loma Nazarene University Foundation.
Here are 12 key members and their salaries:
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $216,201
- Other: $59,657
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $391,220
- Other: $49,877
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pointloma.edu
Where can I find the form 990 for Point Loma Nazarene University Foundation?
Point Loma Nazarene University Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.pointloma.edu
Learn more at the official website: www.pointloma.edu
Mission Statement of Point Loma Nazarene University Foundation
The Point Loma Nazarene University Foundation, in its mission, focuses on promoting substantial fundraising for Point Loma Nazarene University (PLNU) through exemplary strategic development, interaction with major donors, and managing Foundation assets. Its primary objectives include strengthening the financial aid resources of PLNU, thereby supporting the university's overall growth and development. By engaging in major gift fundraising, the Foundation contributes to the university's continued success and expansion, ensuring that students have access to financial aid, thereby enhancing their educational experiences.
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Impact
July, 2024
The Point Loma Nazarene University Foundation's impact lies in its support of Point Loma Nazarene University, particularly in providing financial aid to students. Through strategic development and engaging major donors, the foundation raises funds to ensure that students have access to quality education at PLNU. By focusing on promoting major gift fundraising, the foundation plays a crucial role in helping students pursue their academic goals and contribute to society.
This information is meant to be a general summary of Point Loma Nazarene 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 2024.
- Investment Income: $3,458,389
- Gross Receipts: $7,938,045
Assets and Liabilities:
- Total Assets: $75,339,326
- Total Liabilities: $2,277,809
- Net Assets: $73,061,517
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Organization Details
Founding Year
1965
Principal Officer
Gary Smee
Website
www.pointloma.eduNTEE Category
Code: B110 - Education
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