Savannah State College Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 34% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THE PURPOSE OF THE FOUNDATION IS THE ESTABLISHMENT OF FUNDS TO BE USED FOR THE ADVANCEMENT OF SAVANNAH STATE UNIVERSITY AND FOR THE PROMOTION OF THE EDUCATION AND WELFARE OF FACULTY AND STUDENTS. THIS INCLUDES RAISING AND MANAGING FUNDS, PROVIDING SCHOLARSHIPS, AND RENOVATING AND OPERATING STUDENT HOUSING COMPLEXES ON THE CAMPUS.
- Income
- $7.4 million
- Spending
- $5.9 million
- Spent on programs
- 35%
- Reserves
- 5.3 months of spending
- Largest source of income
- donations and private grants, 55%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 52 out of 100.
Reserves
20 of 35Spendable reserves would cover 5.3 months of spending.
Debt
2 of 20It owes 93% of what it owns.
Living within its means
15 of 15Income exceeded spending by 21% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
0 of 1534% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 89 out of 100.
Independent board
25 of 2527 of 27 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $2.0 million spent. THE FOUNDATION PRIMARILY EXISTS TO SUPPORT STUDENTS AND ACTIVITIES AT THE UNIVERSITY. THIS FISCAL YEAR THAT SUPPORT WAS PROVIDED BY RAISING FUNDS TO AWARD SCHOLARSHIPS TO UNIVERSITY STUDENTS AND TO PROVIDE SUPPORT TO UNIVERSITY AUXILLARIES. THE FOUNDATION ALSO EXISTS TO PROVIDE STUDENT RESIDENT HOUSING TO THE STUDENTS OF SAVANNAH STATE UNIVERSITY.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1975.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.