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Winston-Salem State University Foundation Inc

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

EIN: 560989620 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(3)

Overview

What is Winston-Salem State University Foundation Inc?

Winston-Salem State University Foundation Inc is a nonprofit organization headquartered in Winston-Salem, North Carolina. Their primary mission is to support the students and faculty of Winston-Salem State University financially, contributing significantly to the university's scholarship program. In this fiscal year, they awarded a total of $935,208 in scholarships to students on campus. The foundation also provides additional financial aid to the university, allowing it to disburse further scholarships to its students. With a team of 29 employees, the Winston-Salem State University Foundation is committed to enhancing the educational experience and opportunities for students at the university.


Is Winston-Salem State University Foundation Inc legitimate?

Winston-Salem State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Winston-Salem State University Foundation Inc 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: $50,000
Other Salaries and Wages: $242,346

For more financial information, click here


What is the mission statement of Winston-Salem State University Foundation Inc?
Who is the CEO of Winston-Salem State University Foundation Inc?
What is the revenue of Winston-Salem State University Foundation Inc?
Who are the executives of Winston-Salem State University Foundation Inc and what are their salaries?

The average compensation at Winston-Salem State University Foundation Inc during 2022 was $8,357. There are 29 employees and 35 volunteers at Winston-Salem State University Foundation Inc.

Here are 27 key members and their salaries:


Where can I find the form 990 for Winston-Salem State University Foundation Inc?

Mission Statement of Winston-Salem State University Foundation Inc

Winston-Salem State University Foundation Inc, as a non-profit organization, is dedicated to providing financial assistance to the students and faculty of Winston-Salem State University. Its mission is to solicit and collect contributions with the aim of offering scholarships and financial aid to the students and faculty of the university, as well as providing financial support for the educational programs at the institution. In this fiscal year, the Foundation awarded a significant sum of 935,208 dollars in scholarships to students on the WSSU campus. Additional funds were also provided to WSSU, which in turn disbursed additional scholarships to its students. This commitment to academic success and financial assistance is central to the mission of Winston-Salem State University Foundation Inc.

Impact

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




Saturday, July 20, 2024

Winston-Salem State University Foundation Inc has a significant impact on the students and faculty of Winston-Salem State University by providing vital financial support. In this fiscal year alone, the foundation awarded $935,208 in scholarships to students on the WSSU campus. These scholarships play a crucial role in helping students pursue their education and achieve their academic goals. Additionally, the foundation's contributions help WSSU disburse even more scholarships to its students, further enhancing access to education for those in need. Through its mission of providing scholarship assistance and financial support for educational programs, the Winston-Salem State University Foundation Inc is making a tangible difference in the lives of students and faculty at WSSU.





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: $1,133,596
  • Program Service Revenue: $2,871,017
  • Gross Receipts: $10,006,933

    • Assets and Liabilities:
  • Total Assets: $99,996,006
  • Total Liabilities: $33,578,783
  • Net Assets: $66,417,223
  • Programs

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

    STUDENT HOUSING

    Revenue

    $2,012,472

    PROGRAM REVENUE

    Revenue

    $858,545

    Organization Details

    Founding Year

    1970

    Principal Officer

    Dr Latanya D Afolayan

    Main Address

    CAMPUS BOX 19537 NO 304, WINSTONSALEM, NC, 27110

    NTEE Category

    Code: B110 - Education

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