EIN 23-7019799

Wright State University Foundation

IRS 501(c) type
501(c)(3)
Num. employees
6
City
State
Year formed
1966
Most recent tax filings
2022-06-01
Description
WSU Foundation raises private donations to supplement university's budget, providing flexibility to deliver quality programs and support students.
Total revenues
$22,301,900
2022
Total expenses
$9,335,808
2022
Total assets
$149,282,142
2022
Num. employees
6
2022

Program areas at Wright State University Foundation

Scholarly research is a core part of Wright State University's mission. The Foundation seeks to enhance funding for these activities by raising private support that provides personnel and operating cost coverage for various projects. Many, although not all, of the university-supported research programs are in the field of medicine. The amount of research support provided by the Foundation was $456,917.
Donated resources for various academic and support functions at Wright State University allows administrators flexibility to deliver quality programs to their constituencies. These contributions supplement the University's budget allocation and allow program managers to offer unique and creative learning opportunities for students. During the current year, 37% of expenses in this area related to partial or complete support of program personnel that otherwise would not have been supported by the University's operating budget. Proceeds in this area are also used to construct, renovate and rehabilitate University facilities.
Students at Wright State University receive a quality education that is paid partly by tuition and partly by State subsidy. The latter revenue source has declined in recent years thereby making it more difficult to finance a college education. Although Wright State remains one of the most affordable public institutions in Ohio, the Foundation seeks to offset the loss of State tuition subsidies by raising private contributions in support of student tuition payments. Distributions of student financial aid totaled $2,987,939 during the year.
Athletic programs
The Foundation entertains requests to assist with funding various University purchases and projects for the betterment of the entire campus community. The majority of expenses in the current fiscal year were made in support of the University's various recruiting, retaining and relationship goals.

Who funds Wright State University Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Wright-Patt Credit Union (WPCU)General Support$335,000
Reynolds and Reynolds Company FoundationAcademic Scholarships$280,000
Dayton Foundation DepositoryGeneral Support and Various Projects$100,710
...and 19 more grants received totalling $1,163,488

Personnel at Wright State University Foundation

NameTitleCompensation
R Scott RashPresident and Chief Executive Officer As of 9 and 30 and 19$261,673
Robert T BatsonChief Financial Officer$127,903
Bill DiederichSecretary$0
Kristina KeanTreasurer$0
Linda Black-Kurek78 , Vice Chair$0
...and 5 more key personnel

Financials for Wright State University Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$5,540,630
Program services$0
Investment income and dividends$15,593,642
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$77,078
Net gain from sale of non-inventory assets$1,025,582
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$64,968
Total revenues$22,301,900

Form 990s for Wright State University Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2020-062021-05-26990View PDF
2019-062020-12-10990View PDF
2018-062019-06-19990View PDF
2017-062018-04-10990View PDF
...and 7 more Form 990s
Data update history
July 3, 2023
Updated personnel
Identified 7 new personnel
May 25, 2023
Updated personnel
Identified 4 new personnel
May 10, 2023
Received grants
Identified 2 new grant, including a grant for $6,000 from Ernst & Young Foundation
January 25, 2023
Updated personnel
Identified 5 new personnel
August 3, 2022
Received grants
Identified 5 new grant, including a grant for $24,608 from Christopher and Dana Reeve Foundation
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsOperates internationallyEndowed supportProvides scholarshipsTax deductible donations
General information
Address
3640 Colonel Glenn Hwy 3rd Floor
Dayton, OH 45435
Metro area
Dayton-Kettering, OH
Website URL
wright.edu/giving 
Phone
(937) 775-2251
IRS details
EIN
23-7019799
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1966
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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