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UNIVERSITY OF STRATHCLYDE USA FOUNDATION

NEW YORK, NY · EIN 521596191 · Form 990 · FY2024 · Small ($100K-$1M)
revenue
$441K
expenses
$689K
net assets
$52K
employees
0
program ratio
98%
mission · from form 990

TO SUPPORT EDUCATIONAL ACTIVITIES, PROJECTS AND PROGRAMS AT THE UNIVERSITY OF STRATHCLYDE.

profile · synthesized from sources

The University of Strathclyde USA Foundation is a nonprofit organization based in New York that supports educational and research activities at the University of Strathclyde in Scotland. It provides financial support for scholarships, student prizes, teaching, research, and entrepreneurship programs. The foundation primarily funds initiatives benefiting students from disadvantaged backgrounds and supports academic excellence and institutional development.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $115K
    SUPPORT THE UNIVERSITY OF STRATHCLYDE BY PROVIDING FINANCIAL SUPPORT FOR SCHOLARSHIPS.
  2. #2 $85K
    SUPPORT THE UNIVERSITY OF STRATHCLYDE BY PROVIDING FINANCIAL SUPPORT FOR THE UNIVERSITY'S ALUMNI FUND.
named programs · 5 · from sources

What they call their work

Alumni Fund Support
Provides financial support for the University's Alumni Fund, which includes scholarships, teaching and learning experiences, sports/cultural funds, and academic projects.
Entrepreneurship Programs
Funds entrepreneurship-related programs and activities at the University of Strathclyde.
Scholarships for Disadvantaged Students
Provides financial support to undergraduate students from disadvantaged backgrounds at the University of Strathclyde.
Student Prizes and Excellence Awards
Funds prizes for academic excellence and achievement at the University of Strathclyde.
Teaching and Research Support
Supports teaching and research initiatives at the University of Strathclyde through financial contributions.
activities · 2 groups

What they do

  • University-Specific Endowment and Program Funding 3 activities
    • Funding entrepreneurship programs at the University of Strathclyde
      Provides financial support for entrepreneurship programs at the University of Strathclyde.
    • Funding teaching and research activities at the University of Strathclyde
      Provides financial support for teaching and research initiatives at the University of Strathclyde.
    • Funding the University of Strathclyde's Alumni Fund
      Provides financial support for the University of Strathclyde's Alumni Fund, which in turn supports scholarships, teaching and learning experiences, sports and cultural activities, and academic projects.
  • Financial Aid and Scholarship Access Programs 1 activity
    • Funding scholarships and student prizes at the University of Strathclyde
      Funds scholarships for undergraduate students from disadvantaged backgrounds and awards prizes for student excellence at the University of Strathclyde.
financials · form 990 · fy2024
revenue
Total revenue$441K
Contributions & grants$440K100%
Program service revenue$00%
Investment income$8900%
Other revenue$0
expenses
Total expenses$689K
Program expenses98%
Admin / overhead2%
Fundraising0%
Salaries & benefits$0
Grants paid out$675K
Largest expense lineProfessional Fees
balance sheet
Total assets$52K
Cash$52K
Investments$0
Liabilities$0
Net assets$52K
Liquid reserves0.9 mo
4 years on record · 2020–2024 · YoY revenue -28.2%
leadership · form 990 part vii · fy2024

Who runs it

board members · 4
  • ALAN SEMPLE — DIRECTOR
  • BRIAN SMITH — DIRECTOR
  • DAVID STIRLING — PRESIDENT/DIRECTOR
  • DONALD COLVIN — DIRECTOR
relationships · 1

Who they work with

  • University of Strathclyde Partner — Primary recipient of financial support for scholarships, teaching, research, and alumni programs.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Equity-Focused Scholarship Funding
    methodology: equity-focused_scholarship
    By directing financial support toward undergraduate students from disadvantaged backgrounds, we increase access to higher education and promote academic excellence, because reducing financial barriers enables talented students to pursue and succeed in university studies.