Overview
What is University Of Southern Maine Foundation?
The University of Southern Maine Foundation is a nonprofit organization situated in Portland, Maine. Their primary focus is to support the University of Southern Maine, contributing to its mission of education, research, and public service. They have played a significant role in raising funds, notably closing the Great University Campaign with a $50 million contribution towards the construction of the McGoldrick Center for Career & Student Success and the Crewe Center for the Arts. Additionally, they have established endowed scholarships and professorships, such as the AVANGRID David Flanagan Endowed Professorship and the Goldworth/Philbrick Endowed Scholarship for Nursing, and the AVANGRID David Flanagan Memorial Endowed Scholarship in Sustainability. The foundation also invests endowments responsibly to provide funding for scholarships, professorships, staff development, and operational expenses, all benefiting the University of Southern Maine.
Official website here: www.usm.maine.edu/foundation
Is University Of Southern Maine Foundation legitimate?
University Of Southern Maine Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Southern Maine 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: $219,474
Professional Fundraising Fees: $399,763
Other Salaries and Wages: $1,386,175
For more financial information, click here
Official website here: www.usm.maine.edu/foundation
What is the mission statement of University Of Southern Maine Foundation?
The University of Southern Maine Foundation's mission is to actively contribute to the support of the University of Southern Maine. Their goal is to foster and manage resources, ensuring they contribute to the institution's mission of education, research, and public service. They aim to increase public understanding of the university's activities and programs. Recently, they successfully concluded the Great University Campaign, raising $50 million for various projects such as the McGoldrick Center and scholarships. Additionally, they have established endowed professorships and scholarships, demonstrating their commitment to supporting the university and its students.
Official website here: www.usm.maine.edu/foundation
Who is the CEO of University Of Southern Maine Foundation?
Ainsley Newman Wallace is the Chair of University Of Southern Maine Foundation.
Official website here: www.usm.maine.edu/foundation
What is the revenue of University Of Southern Maine Foundation?
University Of Southern Maine Foundation's revenue in 2023 was $9,872,134.
Official website here: www.usm.maine.edu/foundation
Who are the executives of University Of Southern Maine Foundation and what are their salaries?
The average compensation at University Of Southern Maine Foundation during 2023 was $55,367. There are 29 employees and 24 volunteers at University Of Southern Maine Foundation.
Here are 26 key members and their salaries:
- Ainsley Newman Wallace (President)
- Corey Hascall (Vice President)
- Erin Macey (Executive Director)
- Daniel Crewe (Chair) [Trustee/Director]
- Stephen Decastro (Vice Chair) [Trustee/Director]
- Timothy Griffin (Treasurer) [Trustee/Director]
- Todd Chamberlain (Secretary) [Trustee/Director]
- Justin Alfond (Director)
- Kenneth A Blaschke (Director)
- Marci Booth (Director)
- Kelly Brewer (Director)
- Robert H Dodge (Director)
- Dajaun Eubanks (Director)
- Mo Ibourk (Director)
- Stephen Irish (Director)
- Dan Kleban (Director)
- Rebecca Mckinnell (Director)
- Dean Murray (Director)
- Casey Prentice (Director)
- John Ryan (Director)
- Lois Skillings (Director)
- Ray Stevens Phd (Director)
- Linda Varrell (Director)
- Dr Jacqueline Edmondson (Director)
- Luc Nya (Director)
- Kate Beever (Director)
Official website here: www.usm.maine.edu/foundation
Where can I find the form 990 for University Of Southern Maine Foundation?
The University Of Southern Maine Foundation’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.usm.maine.edu/foundation
Learn more at the official website: www.usm.maine.edu/foundation
Mission Statement of University Of Southern Maine Foundation
The University of Southern Maine Foundation, in its mission, actively works towards building and managing resources to support the institution's objectives in education, research, and public service. This nonprofit organization seeks to raise awareness about the University of Southern Maine's activities and programs among the public. In accomplishing its mission, the foundation successfully concluded the Great University Campaign, raising $50 million for various projects including the construction of the McGoldrick Center for Career & Student Success and the Crewe Center for the Arts, as well as funding for the university's programs and student scholarships. Additionally, the foundation secured donations to endow positions such as the AVANGRID David Flanagan Endowed Professorship, the Goldworth/Philbrick Endowed Scholarship for Nursing, and the AVANGRID David Flanagan Memorial Endowed Scholarship in Sustainability. The foundation also manages its endowments carefully, ensuring they generate income that benefits the university through scholarships, professorships, staff development, and operational funds. Overall, the University of Southern Maine Foundation is dedicated to enhancing the educational, research, and public service capabilities of the University of Southern Maine.
Impact
This information is meant to be a general summary of University Of Southern Maine Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
The University Of Southern Maine Foundation has had a significant impact by supporting the University of Southern Maine in various ways. They successfully closed the Great University Campaign, raising $50 million for the construction of the new McGoldrick Center for Career & Student Success and the ongoing Crewe Center for the Arts. Additionally, they have secured donations to establish endowed professorships, scholarships, and memorials that benefit the university's programs and students. By prudently managing endowments, they ensure continued support for scholarships, professorships, staff development, and operations, all of which contribute to the success of the University of Southern Maine.
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 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Advancements services
Revenue
$2,159,870
Organization Details
Founding Year
1996
Phone
(207) 780-4708
Principal Officer
Ainsley Newman Wallace
Main Address
Po Box 9300, Portland, ME, 041049300
Website
www.usm.maine.edu/foundation
NTEE Category
Code: T50 - Philanthropy
If you are a representative of University Of Southern Maine 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.