Overview
What is Cleveland State University Foundation?
The Cleveland State University Foundation (CSUF) is a non-profit organization headquartered in Cleveland, Ohio, registered under the state's laws and recognized as tax-exempt under section 501(C)(3) of the Internal Revenue Code. The CSUF serves Cleveland State University (CSU) by soliciting and managing charitable donations to enhance its academic and research capabilities. The Foundation's board of directors, consisting of volunteers, governs the organization, and its financial records undergo annual audits. The CSUF primarily generates private support for CSU through donations, which are categorized as restricted or unrestricted. Unrestricted gifts contribute to the University's priorities, while restricted gifts are earmarked for specific purposes. The CSUF manages both endowment and current-use funds, with the former being invested by professional fund managers for maximum yield. The endowment funds provide financial support to various aspects of CSU, including general operations, academic colleges, the School of Nursing, Athletics, and the library. In the 2022 fiscal year, the CSUF received $21.8 million in new donations and pledges, with a significant portion dedicated to scholarships. The University's student body is diverse, with 30% of students belonging to underrepresented minority populations and over 40% being the first in their families to attend college. Over half of undergraduates receiving federal aid qualify for the maximum amount, and 88% of first-time, full-time freshmen depend on financial assistance. The CSUF's mission is to advance and benefit CSU and its students and faculty by providing financial aid and grants.
Official website here: www.supportcsu.org
Is Cleveland State University Foundation legitimate?
Cleveland State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cleveland State 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.supportcsu.org
What is the mission statement of Cleveland State University Foundation?
The Cleveland State University Foundation (CSUF) is a non-profit organization dedicated to raising, receiving, and managing private gifts for the betterment of Cleveland State University (CSU) and its students and faculty. Its mission is to enhance access to higher education and improve its quality by providing financial aid and grants. The CSUF is governed by an independent board of directors and maintains private fund accounts for endowment and current use. Unrestricted gifts can be used for various university priorities, while restricted gifts are allocated for specific purposes as directed. In the fiscal year 2022, the Foundation received over $21.8 million in new gifts and pledges, including $9.9 million for scholarships. With over 30% of students from underrepresented minority populations and more than 40% of undergraduates being the first in their families to attend college, the Foundation plays a crucial role in supporting underprivileged students.
Official website here: www.supportcsu.org
Who is the CEO of Cleveland State University Foundation?
Julie M Rehm Phd is the Chair of Cleveland State University Foundation.
Official website here: www.supportcsu.org
What is the revenue of Cleveland State University Foundation?
Cleveland State University Foundation's revenue in 2022 was $22,631,479.
Official website here: www.supportcsu.org
Who are the executives of Cleveland State University Foundation and what are their salaries?
- Julie Rehm (Executive Director)
- Thomas E Hopkins (Chair) [Trustee/Director]
- Karen White (Vice Chair) [Trustee/Director]
- Jeffrey A Vavruska (Treasurer) [Trustee/Director]
- Sarah C Flannery (Secretary) [Trustee/Director]
- Anthony S Bakale (Director (Until 06/22))
- Nancy Berardinelli-Krantz (Director)
- Theresa Carter (Director)
- Lonzo Lonnie Coleman (Director)
- Jerome Davis Jr (Director (Until 06/22))
- James T Deiotte (Director)
- Daniel Fashimpaur (Director)
- Myles Gallagher (Director)
- Brian Gevry (Director)
- Rob Gilmore (Director)
- David H Gunning Ii (Director)
- Richard A Janus (Director)
- Gerald Jerry Jarzabek (Director)
- Michael Jeans (Director)
- James Kandrac (Director)
- Ariane Kirkpatrick (Director)
- Michael Klein (Director)
- Janet L Kramer (Director)
- Thomas J Kuluris (Director)
- Mark Lantz (Director)
- Morton Q Levin (Director (Until 06/22))
- James C Mastandrea (Director (Until 06/22))
- Jack J Matejka (Director (Until 06/22))
- Alan Nevel (Director)
- Michael Niederst (Director)
- Thomas O'Toole (Director)
- Mary Grace Pattison (Director)
- Carolyn Rains (Director)
- Robert Rawson Jr (Director (Until 06/22))
- Daria L Roebuck (Director)
- Robert J Rosing (Director)
- Joseph M Shafran (Director)
- Marjorie Shorrock (Director)
- Timothy Tramble (Director (Until?))
Official website here: www.supportcsu.org
Where can I find the form 990 for Cleveland State University Foundation?
The Cleveland State University Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.supportcsu.org
Learn more at the official website: www.supportcsu.org
Mission Statement of Cleveland State University Foundation
The Cleveland State University Foundation (CSUF) is a non-profit organization dedicated to supporting and enhancing the educational experience at Cleveland State University (CSU). Established under Ohio law and recognized as tax-exempt under section 501(C)(3) of the Internal Revenue Code, the Foundation's primary mission is to raise, manage, and allocate private funds for the betterment of CSU and its students and faculty. The Foundation does not rely on public funds for its operations and instead depends on charitable donations to create opportunities for the University that would otherwise be unavailable.
The Cleveland State University Foundation serves as a crucial partner to CSU by providing financial aid and grants, allowing the institution to improve access to higher education and enhance the quality of its programs. The Foundation's board of directors, comprised of volunteers and ex-officio members, including the University president, governs its activities. The Foundation's financial records undergo annual audits by independent auditors to ensure transparency and accountability.
Gifts to the Foundation are categorized into unrestricted and restricted funds. Unrestricted funds can be used for University priorities not supported by other sources of revenue, while restricted funds are directed towards specific purposes, such as academic departments or scholarships. Annually, the Foundation receives millions of dollars in new gifts and pledges, with a significant portion allocated towards scholarships. The Foundation manages these funds responsibly, investing them for maximum yield and minimum risk under the guidance of its investment committee. The endowment funds generated from these investments support various aspects of the University, including general operations, academic colleges, the School of Nursing, Athletics, and the library.
In summary, the Cleveland State University Foundation plays a vital role in advancing Cleveland State University by raising, managing, and allocating private funds for the benefit of the University and its students and faculty. Its activities are guided by a mission to improve access to higher education and its quality by providing financial aid and grants, ultimately creating opportunities and resources that extend beyond the reach of public funding.
Impact
This information is meant to be a general summary of Cleveland State University Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The impact of the Cleveland State University Foundation is significant in supporting the advancement of Cleveland State University and its students and faculty. Through the receipt and management of private gifts, the Foundation plays a crucial role in improving access to higher education and enhancing the quality of education provided at the university. The Foundation's mission to raise funds for scholarships, academic programs, and other university priorities has a direct and positive impact on the educational opportunities available to students.
With a focus on supporting underrepresented minority populations and first-generation college students, the Foundation helps to ensure that a diverse range of individuals have the opportunity to pursue higher education. The financial aid and grants provided by the Foundation enable students to access the resources and support they need to succeed academically and contribute to their communities.
In addition to supporting students, the Foundation's contributions also benefit faculty and the overall academic environment at Cleveland State University. By investing in academic programs, research initiatives, and other university priorities, the Foundation helps to foster a dynamic and innovative learning environment that enhances the educational experience for all members of the university community.
Overall, the Cleveland State University Foundation's impact can be seen in the numerous opportunities and resources made available to students and faculty, as well as the positive contributions it makes to the broader mission of advancing higher education in the Cleveland area.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Endowment Management Fee
Revenue
$43,482
Organization Details
Founding Year
1969
Phone
(216) 687-5522
Principal Officer
Julie M Rehm Phd
Main Address
2121 Euclid Avenue UN 501, Cleveland, OH, 441152214
Website
www.supportcsu.org
NTEE Category
Code: B43I - Education
If you are a representative of Cleveland State 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.