CCSU FOUNDATION INC
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Mission Statement
The CCSU Foundation is the non-profit, charitable corporation designated to accept gifts which benefit Central Connecticut State University or its students.
About This Cause
CCSU Foundation, Inc. The CCSU Foundation, Inc. was created in 1971, at the request of the University, as a vehicle to obtain and accept private contributions to support educational programs and research at Central Connecticut State University. Incorporated under the laws of the State of Connecticut, the non-profit, eleemosynary organization is governed by an independent Board of Directors which includes members of the faculty, the student body, the alumni, and the general public. The President of Central Connecticut State University is an ex-officio member of the Board of Directors. The Bylaws of the Foundation are available on the Foundation's website (www.ccsu.edu/foundation). The Foundation solicits private contributions to benefit Central Connecticut State University. Funds are allocated in five major program areas: institutional enrichment, scholarships, academic enrichment, research, and unrestricted. The Board of Directors disburses unrestricted funds to University programs and activities deemed by the Board, in consultation with the President of the University, to be the most worthy. Restricted donations are disbursed according to the terms of the donation. The relationship between the University and the CCSU Foundation, Inc. is subject to Sections 4-37e through 4-37j of the Connecticut General Statutes, which establishes principles for operation of private foundations which exist to benefit public colleges and universities. This relationship is further defined in an agreement between the Board of Trustees of the Connecticut State University and the CCSU Foundation, Inc. The CCSU Foundation, Inc. is not an entity of the State of Connecticut and as such is not subject to Connecticut's Freedom of Information Act, to routine inspection by the Auditors of State Accounts, or to direct regulation by the State. The Foundation employs independent certified public accountants who conduct an annual audit. An online copy of the Foundation's latest audited financial statements is available here. The most recent Form 990 tax return is available on the Foundation's website.