University Of Strathclyde Usa Foundation is located in New York, NY. The organization was established in 1994. According to its NTEE Classification (O40) the organization is classified as: Scouting, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Strathclyde USA 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 12/2022, University Of Strathclyde USA Foundation generated $461.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT EDUCATIONAL ACTIVITIES, PROJECTS AND PROGRAMS AT THE UNIVERSITY OF STRATHCLYDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT THE UNIVERSITY OF STRATHCLYDE BY PROVIDING FINANCIAL SUPPORT FOR TEACHING & RESEARCH.
SUPPORT THE UNIVERSITY OF STRATHCLYDE BY PROVIDING FINANCIAL SUPPORT FOR: - THE COVID-19 STUDENT HARDSHIP FUND
SUPPORT THE UNIVERSITY OF STRATHCLYDE BY PROVIDING FINANCIAL SUPPORT FOR SCHOLARSHIPS AND PRIZES INCLUDING: - SCHOLARSHIPS FOR UNDERGRADUATE STUDENTS FROM DISADVANTAGED BACKGROUNDS - PRIZES FOR STUDENT EXCELLENCE
SUPPORT THE UNIVERSITY OF STRATHCLYDE BY PROVIDING FINANCIAL SUPPORT FOR: - THE ALUMNI FUND, WHICH INCLUDES SCHOLARSHIPS, TEACHING AND LEARNING EXPERIENCES, SPORTS/CULTURAL FUNDS, AND ACADEMIC PROJECTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Donald Colvin Director | Trustee | 0.5 | $0 |
Alan Semple Director | Trustee | 0.5 | $0 |
Brian Smith Director | Trustee | 0.5 | $0 |
David Stirling President/di | OfficerTrustee | 0.5 | $0 |
Karen Boyle Secretary/tr | Officer | 2 | $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 | $461,665 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $461,665 |
Total Program Service Revenue | $0 |
Investment income | $168 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $461,833 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $1,765,275 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
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 | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
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 | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $165 |
Total functional expenses | $1,765,440 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $74,971 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,967 |
Total assets | $76,938 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $76,938 |
Net assets with donor restrictions | $0 |
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 | $76,938 |