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Univest Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010702102 ✦ Souderton, PA ✦ Designated as a 501(c)(3)

Overview

What is Univest Foundation?

Univest Foundation is a nonprofit organization situated in Souderton, Pennsylvania. Its primary mission revolves around fostering charitable giving by assisting donors in establishing and managing donor-directed endowments. These endowments support charitable causes recommended by the donors, which qualify as being tax-exempt under section 501(C)(3) or other eligible organizations. The foundation's activities include the administration of donor-advised funds and charitable gift annuities, making annuitant payments, processing payments on matured contracts, and calculating changes in the actuarial charitable gift annuity obligations.


Official website here: www.univestfoundation.org

Is Univest Foundation legitimate?

Univest Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Univest 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.

Here 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.univestfoundation.org

What is the mission statement of Univest Foundation?

The Univest Foundation's mission is centered around promoting charitable giving. It achieves this by assisting donors in establishing endowments for long-term support of causes that are deemed charitable, as per Section 501(C)(3), or other qualified organizations. The foundation's primary role is to administer donor-advised funds and charitable gift annuities, which includes making annuitant payments, settling matured contracts, and calculating changes in actuarial charitable gift annuity obligations. In essence, the Univest Foundation assists donors in directing their charitable contributions towards causes they care about, ensuring a lasting impact.


Official website here: www.univestfoundation.org

Who is the CEO of Univest Foundation?

Brittany L Tressler is the Director of Univest Foundation.


Official website here: www.univestfoundation.org

What is the revenue of Univest Foundation?

Univest Foundation's revenue in 2023 was $1,380,386.


Official website here: www.univestfoundation.org

Who are the executives of Univest Foundation and what are their salaries?

Here are 5 key members and their salaries:

    Joanne O Kline (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Van Sant (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marci Shankweiler (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria P Esposito (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brittany L Tressler (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.univestfoundation.org

    Where can I find the form 990 for Univest Foundation?

    The Univest Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.univestfoundation.org

    Learn more at the official website: www.univestfoundation.org

    Mission Statement of Univest Foundation

    Univest Foundation, as per its mission, aims to foster charitable giving by assisting donors in building donor-directed endowments. These endowments are designed to provide long-term support for causes recommended by donors, provided they fall under the category of charitable organizations as defined by Section 501(C)(3) or other qualified organizations. By facilitating this process, Univest Foundation enables donors to make a sustained impact on the causes they care about most.

    In addition to managing donor-advised funds, Univest Foundation also administers charitable gift annuities. This includes making annuitant payments, handling payments on matured contracts, and calculating changes in the actuarial charitable gift annuity obligations. This service allows donors to receive a steady income stream while also making a charitable contribution, thereby providing a win-win situation for both the donor and the chosen charity.

    Impact

    This information is meant to be a general summary of Univest Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Univest Foundation's impact lies in fostering charitable giving to Section 501(c)(3) organizations and other qualified entities. By administering donor-advised funds and charitable gift annuities, including managing annuitant payments, matured contracts, and calculating changes in actuarial charitable gift annuity obligations, Univest Foundation plays a crucial role. Their mission is to assist donors in building donor-directed endowments for the long-term support of causes recommended by donors that qualify as charitable under Section 501(c)(3) or other qualified organizations. Through these efforts, Univest Foundation actively promotes philanthropy and facilitates sustained giving to support various charitable endeavors.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $423,761
  • Program Service Revenue: $104,091
  • Gross Receipts: $3,803,127

    • Assets and Liabilities:
  • Total Assets: $12,683,154
  • Total Liabilities: $5,278,853
  • Net Assets: $7,404,301
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MANAGEMENT FEE INCOME

    Revenue

    $102,485

    CONSULTING FEE INCOME

    Revenue

    $1,606

    Organization Details

    Founding Year

    2002

    Principal Officer

    Brittany L Tressler

    Main Address

    PO BOX 197, SOUDERTON, PA, 18964

    NTEE Category

    Code: T99 - Philanthropy

    If you are a representative of Univest 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.