Overview
What is Northeastern Illinois University Foundation?
The Northeastern Illinois University Foundation is a nonprofit organization situated in Chicago, Illinois. Its primary mission is to foster private support for the university, promote its mission, and manage contributions. The foundation plays a crucial role in maintaining the university's affordability while upholding high academic standards. It raises funds through contributions and grants, with a portion allocated to the foundation's endowment to benefit future students and university operations. The foundation also provides financial aid to students, including scholarships for those who might otherwise miss out on the excellent education offered at Northeastern Illinois University. A significant portion of the student body (70%) receives some form of financial aid, with a substantial part coming from private donations. The foundation's contributions enrich the university's resources, ensuring it maintains its academic excellence.
Official website here: www.neiu.edu
Is Northeastern Illinois University Foundation legitimate?
Northeastern Illinois University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeastern Illinois 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.
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.neiu.edu
What is the mission statement of Northeastern Illinois University Foundation?
The Northeastern Illinois University Foundation's primary role is to secure private funding for the university, promote its mission, and manage contributions. This function is crucial in maintaining the university's affordability while maintaining high academic standards. Private donations, in conjunction with state resources, provide an additional layer of support that might otherwise be unattainable. The foundation's activities contribute significantly to ensuring the university's continued success.
Official website here: www.neiu.edu
Who is the CEO of Northeastern Illinois University Foundation?
Olga Camargo is the President of Northeastern Illinois University Foundation.
Official website here: www.neiu.edu
What is the revenue of Northeastern Illinois University Foundation?
Northeastern Illinois University Foundation's revenue in 2023 was $2,438,965.
Official website here: www.neiu.edu
Who are the executives of Northeastern Illinois University Foundation and what are their salaries?
- Liesl Downey (Executive Director)
- Olga Camargo (President) [Trustee/Director]
- Jagannath Bobji (Treasurer) [Trustee/Director]
- Patrick Shine (Secretary) [Trustee/Director]
- John Roskopf (President Until January 2023) [Trustee/Director]
- Kenn Ashley (Treasurer Until January 2023) [Trustee/Director]
- Mark Van Ausdal (Secretary Until January 2023) [Trustee/Director]
- Rodrigo Garcia (Director)
- Sharon K Hahs (Director)
- Marcellus H Moore Jresq (Director)
- Salme Harju Steinberg (Director)
- Gregg Friedman (Director)
- Jaime Di Paulo (Director)
- Margaret Laurino (Director)
- J Todd Phillips (Director Until January 2023)
Official website here: www.neiu.edu
Where can I find the form 990 for Northeastern Illinois University Foundation?
The Northeastern Illinois University Foundation’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.neiu.edu
Learn more at the official website: www.neiu.edu
Mission Statement of Northeastern Illinois University Foundation
Northeastern Illinois University Foundation plays a crucial role in supporting the university by developing private contributions. Its primary mission is to promote the university's mission and administer these contributions effectively. By doing so, the foundation ensures that the university maintains its high academic standards while remaining affordable. Private donations, when combined with state resources, provide an additional layer of support that would otherwise be unattainable. This extra dimension of support is essential for the university's continued success and growth. In essence, the Northeastern Illinois University Foundation serves as a key facilitator, bridging the gap between the university's needs and the generosity of its supporters.
Impact
This information is meant to be a general summary of Northeastern Illinois University Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Northeastern Illinois University Foundation plays a crucial role in ensuring the affordability and academic excellence of Northeastern Illinois University. Through its efforts in developing private support, the Foundation raised over $2 million in contributions and grants during the fiscal year ended June 30, 2023. A portion of these funds were designated for the Foundation's endowment to benefit future students and university operations, including academic and cultural programs.
Moreover, the Foundation provided significant financial support to the university, totaling $827,561, with a large portion allocated to various academic, grant, and institutional activities. Additionally, the Foundation awarded nearly $1 million in scholarships to students, enabling many to access the excellent education offered at Northeastern Illinois University who might not have been able to do so otherwise.
With the majority of Northeastern students receiving financial aid, the Foundation's impact in securing private donations to support scholarships and university programs is instrumental in maintaining the institution's affordability and academic standards.
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.
EVENT ADMISSIONS
Revenue
$29,459
Organization Details
Founding Year
1969
Phone
(773) 442-4248
Principal Officer
Olga Camargo
Main Address
5500 NORTH ST LOUIS AVENUE, CHICAGO, IL, 60625
Website
www.neiu.edu
NTEE Category
Code: B84 - Education
If you are a representative of Northeastern Illinois University 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.