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
2023-06-01
Description
WSU Foundation raises private donations to supplement university's budget, providing flexibility to deliver quality programs and support students.
Total revenues
$19,144,235
2023
Total expenses
$10,436,341
2023
Total assets
$160,143,120
2023
Num. employees
6
2023

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 $320,171.
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 $3,144,682 during the year.
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, 24% 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.
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$200,000
Dayton Foundation PlusVarious Projects$176,300
...and 24 more grants received totalling $1,340,122

Personnel at Wright State University Foundation

NameTitleCompensation
R Scott RashPresident and Chief Executive Officer As of 9 and 30 and 19$251,991
Robert T BatsonChief Financial Officer$131,491
Kristina KeanTreasurer / Trustee$0
Andrea KunkVice Chair$0
David DeptulaVice Chair / Secretary$0
...and 5 more key personnel

Financials for Wright State University Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$9,171,637
Program services$0
Investment income and dividends$9,347,644
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$109,055
Net gain from sale of non-inventory assets$269,795
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$246,104
Total revenues$19,144,235

Form 990s for Wright State University Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-26990View PDF
2019-062020-12-10990View PDF
...and 9 more Form 990s

Organizations like Wright State University Foundation

OrganizationLocationRevenue
Boise State University FoundationBoise, ID$40,142,108
California State University Bakersfield FoundationBakersfield, CA$6,151,101
The Ohio University FoundationAthens, OH$85,119,153
Eastern Michigan University FoundationYpsilanti, MI$20,178,449
Kean University FoundationUnion, NJ$10,085,812
Missouri State University Foundation (MSU)Springfield, MO$35,483,515
Northern State University FoundationAberdeen, SD$8,393,561
Alamo Heights School FoundationSan Antonio, TX$4,929,055
Radford University FoundationRadford, VA$8,055,218
University of Mississippi FoundationOxford, MS$95,544,401
Data update history
July 16, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 11 new grant, including a grant for $335,000 from Wright-Patt Credit Union (WPCU)
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
October 25, 2023
Received grants
Identified 13 new grant, including a grant for $335,000 from Wright-Patt Credit Union (WPCU)
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsOperates internationallyEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
3640 Colonel Glenn Hwy 3rd Floor
Dayton, OH 45435
Metro area
Dayton-Kettering, OH
County
Greene County, 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
Central organization
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