University Foundation at Sacramento State
University Foundation at Sacramento State
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About this organization
Mission
THE UNIVERSITY FOUNDATION PROMOTES PHILANTHROPY TO PROVIDE A LEVEL OF EXCELLENCE AT THE UNIVERSITY BEYOND WHAT IS POSSIBLE THROUGH STATE FUNDS.THE MEMBERS OF THE BOARD OF DIRECTORS OF THE UNIVERSITY FOUNDATION ACCOMPLISH THIS MISSION BY HELPING TO RAISE PRIVATE RESOURCES THAT ADVANCE THE MISSION AND PRIORITIES OF THE UNIVERSITY AND SERVING AS AMBASSADORS FOR PHILANTHROPY IN THE UNIVERSITY COMMUNITY. THE BOARD PROVIDES STEWARDSHIP IN THE PRUDENT INVESTMENT OF RESOURCES, ENSURING THE INTEGRITY OF THE FOUNDATION THROUGH ACCOUNTABILITY AND TRANSPARENCY IN ITS DEALINGS.
About
THE UNIVERSITY FOUNDATION AT SACRAMENTO STATE INVESTS AND DISTRIBUTES FUNDS FOR THE BENEFIT OF THE UNIVERSITY. SINCE ITS INCEPTION IN 1987, THE UNIVERSITY FOUNDATION PROMOTES PHILANTHROPY TO PROVIDE A LEVEL OF EXCELLENCE BEYOND WHAT IS POSSIBLE THROUGH STATE FUNDS. LED BY A VOLUNTEER BOARD OF DIRECTORS COMPRISED OF PROMINENT PROFESSIONALS AND BUSINESS LEADERS, THE UNIVERSITY FOUNDATION IS THE UNIVERSITY'S PRIMARY PHILANTHROPIC AUXILIARY AND IS A TAX-EXEMPT 501(C)3 ORGANIZATION. THE BOARD OF DIRECTORS MEETS REGULARLY TO OFFER GUIDANCE ON INVESTMENTS AND THOROUGHLY MANAGE THE GIFT FUNDS TO ENSURE THAT THEY CAN FULFILL THEIR DESIGNATED PURPOSES. THE FOUNDATION ACCOUNTS FOR GIFTS AND CONTRIBUTIONS TO THE UNIVERSITY, ENSURING THAT THE FUNDS ARE APPLIED TO THE PURPOSES FOR WHICH THE DONOR INTENDED. FUNDS MAY BE EXPENDED OR ENDOWED, PER DONOR DIRECTION; EARNINGS FROM ENDOWED FUNDS ARE GENERALLY EXPENDABLE AND DISTRIBUTED TO STUDENTS OR PROGRAMS, IN ACCORDANCE WITH SPECIFICATIONS PROVIDED BY THE DONOR.THE UNIVERSITY FOUNDATION AT SACRAMENTO STATE IS DEDICATED TO SUPPORTING STUDENT-CENTERED PROGRAMS THAT FURTHER THE UNIVERSITY'S MISSION TO PROVIDE AN EXCELLENT EDUCATION TO THOSE WHO ASPIRE TO EXPAND THEIR KNOWLEDGE AND PREPARE THEMSELVES FOR MEANINGFUL LIVES, CAREERS AND SERVICE TO THEIR COMMUNITY. THE FOUNDATION HAS SUPPORTED SIGNATURE UNIVERSITY PROGRAMS THAT HAVE IMPROVED THE LIVES OF STUDENTS AND GREATLY EXPANDED THEIR EDUCATIONAL OPPORTUNITIES, SUCH AS THE VETERANS SUCCESS CENTER; AND FOLSOM HALL, INCLUDING THE SCHOOL OF NURSING'S AND THE DEPARTMENT OF PHYSICAL THERAPY'S STATE-OF-THE-ART FACILITIES AND SUPPORT FOR STUDENTS THROUGH SCHOLARSHIPS, AND FUNDS TO REINFORCE THE EXCELLENT TEACHING AND LEARNING OPPORTUNITIES FOR ALL SACRAMENTO STATE STUDENTS.
Interesting data from their 2020 990 filing
The purpose of the non-profit is listed in the filing as “The university foundation promotes philanthropy to provide a level of excellence at the university beyond what is possible through state funds.”.
When discussing its operations, they were characterized as: “The university foundation promotes philanthropy to provide a level of excellence at the university beyond what is possible through state funds.the members of the board of directors of the university foundation accomplish this mission by helping to raise private resources that advance the mission and priorities of the university and serving as ambassadors for philanthropy in the university community. the board provides stewardship in the prudent investment of resources, ensuring the integrity of the foundation through accountability and transparency in its dealings.”.
- The non-profit's legally reported state of operation is CA.
- The filing states that the non-profit's address in the year 2020 is 6000 J STREET MODOC HALL 3005, SACRAMENTO, CA, 958196080.
- The form submitted by the non-profit for 2020 shows a total of 0 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $2,362,901.
- The organization has 18 independent voting members.
- The organization was formed in 1986.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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