The Foundation For Nc A&T State University

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

EIN: 237055330 ✦ Greensboro, NC ✦ Designated as a 501(c)(3)

Overview

What is The Foundation For Nc A&T State University?

The Foundation For Nc A&T State University, situated in Greensboro, North Carolina, serves as a nonprofit organization dedicated to strengthening ties between the university, its alumni, students, and supporters. Their primary objective is to promote loyalty and tradition, and establish enduring relationships that benefit all parties involved, often referred to as the 'Aggie family'. The Foundation accomplishes this by hosting various events such as alumni reunion weekends, homecoming celebrations, and concerts, as well as investing in scholarships. Their activities not only contribute to the university's growth and development but also aim to ensure a lasting connection between its past, present, and future members.


Is The Foundation For Nc A&T State University legitimate?

The Foundation For Nc A&T State University is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Nc A&T State University 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


What is the mission statement of The Foundation For Nc A&T State University?
Who is the CEO of The Foundation For Nc A&T State University?
What is the revenue of The Foundation For Nc A&T State University?
Who are the executives of The Foundation For Nc A&T State University and what are their salaries?
Where can I find the form 990 for The Foundation For Nc A&T State University?

Mission Statement of The Foundation For Nc A&T State University

The Foundation for NC A&T State University is dedicated to fostering a sense of loyalty and tradition among its alumni, students, and supporters. Its primary objective is to establish enduring relationships with these groups, aiming to benefit the university and its strategic growth plans, in line with A&T's mission. The Foundation serves as a platform for individuals and groups to collaborate, ensuring the continued growth and development of the university.

In pursuit of this mission, the Foundation engages in various activities. One of its notable initiatives is the Alumni Scholarship Investment Funds, which provides financial support for scholarships, yet it does not disclose the amount raised or spent in this regard. Another significant event is the Alumni Reunion Weekend, an occasion that brings together alumni, generating revenue of $42,530 while incurring expenses of $109,580. Additionally, the Foundation involves itself in Homecoming activities, such as organizing vendors and hosting a concert, generating revenue and managing expenses within these contexts.

Impact

This information is meant to be a general summary of The Foundation For Nc A&T State University. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

The Foundation For Nc A&T State University plays a crucial role in cultivating loyalty and tradition among the university's alumni, students, and friends of the Aggie family. This organization fosters lifelong relationships and provides essential support for the university's growth and development. Through initiatives like alumni engagement events, scholarship investment funds, and other programs, the Foundation contributes significantly to the advancement of education at Nc A&T State University.





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 2022.

  • Investment Income: $255,929
  • Program Service Revenue: $211,820
  • Gross Receipts: $547,666

    • Assets and Liabilities:
  • Total Assets: $4,166,261
  • Total Liabilities: $767,817
  • Net Assets: $3,398,444
  • Programs

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

    Homecoming Concert

    Revenue

    $149,167

    Alumni Reunion Weekend

    Revenue

    $39,972

    Homecoming Vendors

    Revenue

    $22,681

    Organization Details

    Founding Year

    1953

    Principal Officer

    Kenneth Sigmon

    Main Address

    200 North Benbow Road 300, Greensboro, NC, 27411

    NTEE Category

    Code: B84 - Education

    If you are a representative of The Foundation For Nc A&T State University 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.