University of Wisconsin-Eau Claire Foundation Inc.
University of Wisconsin-Eau Claire Foundation Inc.
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About this organization
Mission
The purpose shall be to provide financial aid and assistance to worthy and needy students at the University of Wisconsin-Eau Claire, to encourage scholarship, to participate in and encourage all endeavors to advance the cause of education at this university, to assist in developing and increasing the opportunities for students at this university primarily in the areas other than those in which the state of Wisconsin ordinarily makes appropriations and to do all acts that the corporation shall deem to be in the interest of said university. The funds of the corporation shall be invested in the investments that shall meet the standards that the corporation, in its discretion, shall from time to time determine, and shall not be restricted to investments qualifying as trust fund investments under the laws of the state of Wisconsin.
About
The foundation disbursed 80% of their total program expenses for university programs. This represents funding for general operational support of university departments and colleges. This includes funding for department advancement funds that are used to support projects and activities not supported by state funding. The general number impacted by that type of program is 40 administrative units on campus and 900 administrative and operational support staff.
Interesting data from their 2020 990 filing
According to the filing, the non-profit's mission is “The university of wisconsin-eau claire foundation, inc. has as its primary mission the stewardship of private funds donated to the foundation for the benefit of the university. we do this with fiscal integrity and respect for our valued donors. our ultimate goal is the advocacy of the university to the broader community and to contribute to academic excellence at the university of wisconsin-eau claire.”.
When referring to its actions, they were described as: “The purpose shall be to provide financial aid and assistance to worthy and needy students at the university of wisconsin-eau claire, to encourage scholarship, to participate in and encourage all endeavors to advance the cause of education at this university, to assist in developing and increasing the opportunities for students at this university primarily in the areas other than those in which the state of wisconsin ordinarily makes appropriations and to do all acts that the corporation shall deem to be in the interest of said university. the funds of the corporation shall be invested in the investments that shall meet the standards that the corporation, in its discretion, shall from time to time determine, and shall not be restricted to investments qualifying as trust fund investments under the laws of the state of wisconsin.”.
- According to the law, the state of operation reported by the non-profit is WI.
- As per the filing, the address of the non-profit for 2020 is 105 GARFIELD AVENUE, EAU CLAIRE, WI, 54701.
- According to their form, the non-profit as of 2020 has a total of 18 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$276,324.
- The organization has 31 independent voting members.
- The organization was formed in 1958.
- The organization pays $88,674 in salary, compensation, and benefits to its employees.
- The organization pays $863,708 in fundraising expenses.