Form 990 for tax year 2024
Filed by UNIVERSITY OF STRATHCLYDE USA FOUNDATION.
Totals
- Total revenue
- $440,787
- Total expenses
- $689,025
- Contributions and grants received
- $439,897
- Grants paid
- $674,965
- Program service revenue
- $0
- Investment income
- $890
- Other revenue
- $0
- Total assets, end of year
- $51,617
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $51,617
- Program services expenses (Part IX)
- $674,965
- Management and general expenses
- $14,060
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $674,965
Program services were 98.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$439,897
-
1g · Noncash contributions included above
$12,781
-
3 · Investment income
total $1,015 · excluded $1,015
-
7a · Gross sales of assets other than inventory
securities $12,666
-
7b · Less cost or other basis and sales expenses
securities $12,791
-
7c · Gain or loss
securities -$125
-
7d · Net gain or loss
total -$125 · excluded -$125
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $674,965 · program services $674,965
-
11a · Fees: management
total $11,651 · management and general $11,651
-
11c · Fees: accounting
total $1,277 · management and general $1,277
-
24a · Other expenses: MERCHANT FEES
total $1,102 · management and general $1,102
-
24b · Other expenses: BANK FEES
total $30 · management and general $30
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $299,373 · end of year $51,617
-
15 · Other assets
beginning of year $482 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $299,855 · end of year $51,617
Mission and programs · 2024
Mission
TO SUPPORT EDUCATIONAL ACTIVITIES, PROJECTS AND PROGRAMS AT THE UNIVERSITY OF STRATHCLYDE.
-
SUPPORT THE UNIVERSITY OF STRATHCLYDE BY PROVIDING FINANCIAL SUPPORT FOR TEACHING & RESEARCH.
Expenses $385,359 · Grants $385,359
-
SUPPORT THE UNIVERSITY OF STRATHCLYDE BY PROVIDING FINANCIAL SUPPORT FOR SCHOLARSHIPS.
Expenses $114,730 · Grants $114,730
-
SUPPORT THE UNIVERSITY OF STRATHCLYDE BY PROVIDING FINANCIAL SUPPORT FOR THE UNIVERSITY'S ALUMNI FUND.
Expenses $84,884 · Grants $84,884
-
SUPPORT THE UNIVERSITY OF STRATHCLYDE BY PROVIDING FINANCIAL SUPPORT FOR ENTREPRENEURSHIP, INTERNATIONAL PROJECTS AND GENERAL OPERATIONS.
Expenses $89,992 · Grants $89,992
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Brian SmithBRIAN SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
David StirlingDAVID STIRLING
PRESIDENT/DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Donald ColvinDONALD COLVIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Alan SempleALAN SEMPLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Karen BoyleKAREN BOYLE
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 24 July 2025
- IRS schema version
- 2024v5.2
- Source object
- 202532069349300148
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