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EIN 23-3054174

West Chester University Foundation

IRS 501(c) type
501(c)(3)
Num. employees
45
City
West Chester
State
Pennsylvania
Year formed
2000
Most recent tax filings
2023-06-01
NTEE code, primary
B80: Student Services and Organizations of Students
Description
The Foundation was formed to promote the charitable, scientific, and educational interests of West Chester University. The Foundation achieves this by soliciting funds and other property in accordance with priorities established by the University. Promote the charitable, scientific, and educational interests of West Chester University.
Total revenues
$11,826,604
2023
Total expenses
$10,635,593
2023
Total assets
$56,039,087
2023
Num. employees
45
2023

Program areas at West Chester University Foundation

The Foundation's program service accomplishments during fiscal year june 30, 2023 were:the Foundation raised over $10 million in contributions for West Chester University:- over $3 million of the $10 million raised was directed to endowments for the benefit of future student scholarships and future support for University programs and activities. $1.35 million in scholarships were awarded to approximately 1,300 students based on criteria determined by donors. Many of the scholarship recipients could not experience the opportunities and benefits of a high quality West Chester University education without these scholarships.- funds raised also benefited programs and activities such as academic and cultural programs, athletic programs, joint undergraduate student and faculty research, student and faculty conference attendance, student participation in national tournaments, professional development, and other student services.

Grants made by West Chester University Foundation

GranteeGrant descriptionAmount
West Chester University Student ServicesTo Promote the Various Exempt Purposes of Student Services, Inc.$77,749
West Chester University Alumni AssociationTo Promote the Various Exempt Purposes of West Chester University Alumni Association$18,130

Who funds West Chester University Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
West Chester University Alumni AssociationScholarships & Alumni Relations$124,594
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$96,504
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$96,504
...and 44 more grants received totalling $1,132,945

Personnel at West Chester University Foundation

NameTitleCompensation
Thomas E. Mills, Iv '81President and Chief Executive Officer$0
Chris GerenzaChief Financial Officer
Christina GerenzaAssistant Treasurer$63,244
Deb CorneliusExecutive Director
Debra G. CorneliusBoard Member$161,128
...and 29 more key personnel

Financials for West Chester University Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$7,701,351
Program services$4,783,224
Investment income and dividends$1,894,272
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-2,660,706
Net income from fundraising events$-24,329
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$132,792
Total revenues$11,826,604

Form 990s for West Chester University Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-25990View PDF
2022-062023-03-02990View PDF
2021-062022-05-16990View PDF
2020-062021-05-18990View PDF
2019-062020-09-04990View PDF
...and 9 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $13,500 from Wipfli Foundation
January 25, 2024
Updated personnel
Identified 15 new personnel
January 2, 2024
Received grants
Identified 17 new grant, including a grant for $124,594 from West Chester University Alumni Association
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
October 25, 2023
Received grants
Identified 29 new grant, including a grant for $399,994 from New Venture Fund
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Operates donor advised fundsProvides grantsLobbyingFundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
202 Carter Dr
West Chester, PA 19382
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Chester County, PA
Website URL
wcufoundation.org/ 
Phone
(610) 436-2868
Facebook page
wcufoundation 
Twitter profile
@wcufoundation 
IRS details
EIN
23-3054174
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2000
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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