Naspa Foundation is located in Washington, DC. The organization was established in 1989. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Naspa Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Naspa Foundation generated $425.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $174.7k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE NASPA FOUNDATION PROGRAM SERVICE OFFERINGS FALL INTO FIVE PRIMARY CATEGORIES: SCHOLARSHIPS - THE JIM RHATIGAN FELLOWSHIP AND OTHER SCHOLARSHIPS PROVIDE ACCESS TO NASPA EVENTS FOR ASPIRING AND CURRENT STUDENT AFFAIRS PROFESSIONALS LOOKING TO FURTHER THEIR STUDENT AFFAIRS EDUCATION. ACCESS SCHOLARSHIPS WERE CREATED TO SUPPORT MEMBERSHIP DUES AND FINANCIAL ASSISTANCE FOR ATTENDANCE TO PROFESSIONAL DEVELOPMENT EVENTS.GRANTS - THE NASPA FOUNDATION SUPPORTS THE DISCOVERY OF NEW KNOWLEDGE THROUGH RESEARCH AND INNOVATION IN THE FIELD OF STUDENT AFFAIRS. THIS IS ACHIEVED THROUGH A CONTINUED COMMITMENT TO FUNDING SELECTED SUBMITTED PROPOSALS FOR RESEARCH GRANTS SUCH AS THE CHANNING BRIGGS SMALL RESEARCH GRANT.THIS IS ALSO ACHIEVED BY SUPPORTING INNOVATION GRANTS. NASPA INNOVATION GRANTS PROVIDE SEED FUNDING FOR NEW AND OTHERWISE UNFUNDED STUDENT SUCCESS AND LEARNING PROGRAMS AT INSTITUTIONS AROUND THE WORLD. APPLICANTS ARE EVALUATED ON PROGRAM SIGNIFICANCE, PROJECT DESIGN AND PRACTICABILITY, APPLICABILITY AND TRANSFERABILITY, AND OVERALL IMPACT.AWARDS - THE NASPA FOUNDATION FUNDS FOUR NAMED AWARDS CONFERRED ON EXCEPTIONAL STUDENT AFFAIRS EDUCATORS AND PRACTITIONERS AT ALL LEVEL OF THE PROFESSION: - HARDEE DISSERTATION OF THE YEAR AWARD - RUTH STRANG RESEARCH AWARD - ROBERT H. SHAFFER AWARD FOR ACADEMIC EXCELLENCE AS A GRADUATE FACULTY MEMBER - GEORGE D. KUH AWARD FOR OUTSTANDING CONTRIBUTION TO LITERATURE AND/OR RESEARCHTHE NASPA FOUNDATION ALSO RECOGNIZES EXCEPTIONAL STUDENT AFFAIRS PRACTITIONERS WITH THE AWARDS BELOW. DONORS ARE ENCOURAGED TO GIVE IN THEIR HONOR. - PILLARS OF THE PROFESSION AWARD - JOHN L. BLACKBURN DISTINGUISHED PILLAR OF THE PROFESSION AWARD NASPA CONSTITUENT GROUP SUPPORT - THE NASPA FOUNDATION PROVIDES THE INFRASTRUCTURE FOR NASPA CONSTITUENT GROUPS TO FUNDRAISE ON BEHALF OF THEIR PARTICULAR GROUPFS INITIATIVES AND GOALS, WITH A DUAL PURPOSE OF BOTH INCREASING THE REACH OF NASPA CONSTITUENT GROUP WORK AND PROVIDING NASPA MEMBERS AN OPPORTUNITY TO DESIGNATE FUNDS TO INITIATIVES SUPPORTING THEIR AREA OF FOCUS AND/OR IDENTITY WITHIN NASPA. FUNDING IS ALLOCATED TO SCHOLARSHIPS, RESEARCH GRANTS, AWARDS, AND EDUCATIONAL EVENTS ACCORDING TO GUIDELINES SET BY THE NASPA FOUNDATION BOARD OF DIRECTORS AND IN LINE WITH THE NASPA FOUNDATION'S MISSION AND OTHER PROGRAM SERVICE OFFERINGS. EVENTS - THE NASPA FOUNDATION HOLDS EVENTS AT THE NASPA ANNUAL CONFERENCE DESIGNED TO HONOR STUDENT AFFAIRS LEGACIES, SHOWCASING THE BREADTH AND DEPTH OF THEIR CAREERS IN ORDER TO INSPIRE FUTURE GENERATIONS WITHIN THE FIELD.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Les P Cook Naspa Foundation Chair | OfficerTrustee | 1 | $0 |
Denzil Suite Naspa Past Board Chair | OfficerTrustee | 1 | $0 |
Bette Simmons Naspa Foundation Past Board Chair | OfficerTrustee | 1 | $0 |
Maureen Keefe Naspa Foundation Chair-Elect | OfficerTrustee | 1 | $0 |
Kevin Kruger Treasurer | Officer | 1 | $0 |
Paul Bennion Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $234,707 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $234,707 |
Total Program Service Revenue | $0 |
Investment income | $29,893 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $1,398 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $159,364 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $425,362 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $28,950 |
Grants and other assistance to domestic individuals. | $12,714 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $65,776 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $12,149 |
Payroll taxes | $5,510 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $18,699 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $8,557 |
Information technology | $8,274 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,029 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $55 |
Total functional expenses | $174,696 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $339,052 |
Savings and temporary cash investments | $442,741 |
Pledges and grants receivable | $241,604 |
Accounts receivable, net | $7,191 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $880 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $1,758,295 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,080 |
Total assets | $2,795,843 |
Accounts payable and accrued expenses | $1,675 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $1,582 |
Total liabilities | $3,257 |
Net assets without donor restrictions | $2,080,846 |
Net assets with donor restrictions | $711,740 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,795,843 |
Over the last fiscal year, we have identified 1 grants that Naspa Foundation has recieved totaling $500.
Awarding Organization | Amount |
---|---|
Hansan Family Foundation Inc Bethesda, MD PURPOSE: GENERAL FUND | $500 |
Organization Name | Assets | Revenue |
---|---|---|
United States Naval Academy Foundation Inc Annapolis, MD | $305,968,176 | $47,603,619 |
Umuc Ventures Inc Bethesda, MD | $44,098,237 | $47,696,802 |
The Malala Fund Washington, DC | $40,557,471 | $29,060,686 |
Building Hope Finance Washington, DC | $123,995,340 | $7,003,194 |
Dc Public Education Fund Washington, DC | $19,324,284 | $7,024,090 |
St Christophers School Foundation Richmond, VA | $94,106,126 | $9,680,251 |
National Automatic Sprinkler 669 Va Education Fund Columbia, MD | $15,668,623 | $8,120,660 |
United States Japan Foundation Owings Mills, MD | $106,169,200 | $4,759,214 |
St Stephen S And St Agnes School Foundation Alexandria, VA | $47,445,810 | $11,356,184 |
Charles B Keesee Educational Fund Incorporated Martinsville, VA | $78,271,755 | $5,985,709 |
James Barry Robinson Home For Boys Trust Norfolk, VA | $49,691,285 | $5,553,084 |
Liberian Education Achievement & Resource Network Washington, DC | $510,785 | $2,650,000 |