Grambling University Foundation Inc.
Grambling University Foundation Inc.
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About this organization
Revenue
$1,471,740
Expenses
$3,162,085
Mission
The Grambling University Foundation, Inc. was organized to solicit, receive, hold, invest and transfer funds for the benefit of Grambling State University. The foundation assists Grambling State University in meeting the criteria for accreditation as outlined by the Commission on Colleges for the Southern Association of Colleges and Schools. Grambling State University and the foundation are also in a management agreement related to endowed chairs and professorships. This agreement is in compliance with Board of Regents policy and allows the foundation to manage funds on behalf of Grambling State University.
About
The Grambling University Foundation, Inc. was organized to solicit, receive, hold, invest and transfer funds for the benefit of Grambling State University. The foundation assists Grambling State University in meeting the criteria for accreditation as outlined by the Commission on Colleges for the Southern Association of Colleges and Schools. Grambling State University and the foundation are also in a management agreement related to endowed chairs and professorships.
Interesting data from their 2019 990 filing
From their filing, the objective of the non-profit is stated as “The grambling university foundation, inc. was organized to solicit, receive, hold, invest and transfer funds for the benefit of grambling state university. the foundation assists grambling state university in meeting the criteria for accreditation as outlined by the commission on colleges for the southern association of colleges and schools. grambling state university and the foundation are also in a management agreement related to endowed chairs and professorships. this agreement is in compliance with board of regents policy and allows the foundation to manage funds on behalf of grambling state university.”.
When detailing its duties, they were outlined as: “The grambling university foundation, inc. was organized to solicit, receive, hold, invest and transfer funds for the benefit of grambling state university. the foundation assists grambling state university in meeting the criteria for accreditation as outlined by the commission on colleges for the southern association of colleges and schools. grambling state university and the foundation are also in a management agreement related to endowed chairs and professorships. this agreement is in compliance with board of regents policy and allows the foundation to manage funds on behalf of grambling state university.”.
- The legally reported state of operation for the non-profit is LA.
- According to the filing, the non-profit's address in 2019 is P O BOX 587, GRAMBLING, LA, 712451183.
- The non-profit's form for the year 2019 reports a total of 0 employees on their payroll.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$1,690,345.
- The organization has 12 independent voting members.
- The organization was formed in 2005.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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