EIN 34-6576307

Kent State University Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
State
Year formed
1965
Most recent tax filings
2022-06-01
Description
The Kent State University Foundation provides leadership, stewards gifts, and secures private sector funding to support Kent State University's needs and achieve its priorities. It grants funds to further the university's academic, research, and public service programs.
Total revenues
$49,925,385
2022
Total expenses
$17,601,463
2022
Total assets
$298,774,525
2022
Num. employees
0
2022

Program areas at Kent State University Foundation

The Kent State University Foundation provided grants to Kent State University to further the universitys academic, research, and public service programs.

Grants made by Kent State University Foundation

GranteeAmount
Kent State University$14,237,328

Who funds Kent State University Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Elliot FoundationSupport$1,000,000
The Cleveland FoundationGreater Cleveland Business Succession Planning/employee Ownership Conversions Program$394,210
Burton D Morgan FoundationTo Establish A Fund To Support I3 Lab Activities in Future Years$306,190
...and 72 more grants received totalling $3,981,230

Personnel at Kent State University Foundation

NameTitleCompensation
Valoree VargoExecutive Director$0
Jessica VargoCPA$0
Catherine HackneyBoard Secretary$0
Michelle ThomasBoard Chair$0
Gregory LongTreasurer$0
...and 2 more key personnel

Financials for Kent State University Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$43,167,059
Program services$0
Investment income and dividends$1,200,576
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-406,193
Net gain from sale of non-inventory assets$3,966,405
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,997,538
Total revenues$49,925,385

Form 990s for Kent State University Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-02990View PDF
2021-062022-04-25990View PDF
2020-062022-03-30990View PDF
2019-062020-02-14990View PDF
2018-062018-12-17990View PDF
...and 8 more Form 990s
Data update history
February 4, 2024
Received grants
Identified 26 new grant, including a grant for $394,210 from The Cleveland Foundation
October 23, 2023
Received grants
Identified 2 new grant, including a grant for $40,000 from Automobile Dealers Educational Assistance Foundation
August 19, 2023
Received grants
Identified 56 new grant, including a grant for $1,000,000 from The Elliot Foundation
August 9, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportTax deductible donationsNo full-time employees
General information
Address
PO Box 5190
Kent, OH 44242
Metro area
Akron, OH
County
Portage County, OH
Website URL
kent.edu 
IRS details
EIN
34-6576307
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1965
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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