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Pennsylvania's State System of Higher Education Foundation

Pennsylvania's State System of Higher Education Foundation

Carlisle, PA 17013
Tax ID22-2686249

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About this organization

Revenue

$1,244,412

Expenses

$1,314,364

Website

thepafoundation.org

Mission

The foundation is responsible for securing and disbursing public and private funds that enhance and support the goals of the Board of Governors and Pennsylvania’s State System of Higher Education. Vision: To be a trusted partner to Pennsylvania’s State System of Higher Education by building and growing an advancement engine that amplifies the impacts of the System and success of its students.

About

The foundation maintains programs that award scholarships annually with most being need-based to students attending the 14 universities of the Pennsylvania State System of Higher Education. A total of 432 scholarships were given during the 2018-19 fiscal year.

Interesting data from their 2020 990 filing

The mission of the non-profit, as stated in the filing, is “To support the educational mission and activities of pennsylvania's state system of higher education by generating private sector support and engaging in other activities to advance the system.”.

When referring to its tasks, they were described as: “To support the educational mission and activities of pennsylvania's state system of higher education by generating private sector support and engaging in other activities to advance the system.”.

  • The non-profit is operating legally in the state of PA.
  • The non-profit's address for the year 2020 is listed as 2986 NORTH SECOND STREET, HARRISBURG, PA, 17110 in the filing.
  • The form submitted by the non-profit organization for 2020 reports 2 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$69,952.
  • The CEO compensation package within the organization is established through a review and approval process by an independent body.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 15 independent voting members.
  • The organization was formed in 1985.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $173,726 in salary, compensation, and benefits to its employees.
  • The organization pays $83,983 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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