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
Personnel at Wright State University Foundation
Name | Title | Compensation | Date of data |
---|
R Scott Rash | President and Chief Executive Officer As of 9 and 30 and 19 | $251,991 | 2023-06-30 |
Robert T Batson | Chief Financial Officer | $131,491 | 2024-05-15 |
Kristina Kean | Treasurer / Trustee | $0 | 2023-06-30 |
Andrea Kunk | Vice Chair | $0 | 2023-06-30 |
David Deptula | Vice Chair / Secretary | $0 | 2023-06-30 |
...and 5 more key personnel |
Financials for Wright State University Foundation
Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
---|
Total grants, contributions, etc. | $9,171,637 | $5,540,630 | 65.5% |
Program services | $0 | $0 | - |
Investment income and dividends | $9,347,644 | $15,593,642 | -40.1% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $109,055 | $77,078 | 41.5% |
Net gain from sale of non-inventory assets | $269,795 | $1,025,582 | -73.7% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $246,104 | $64,968 | 278.8% |
Total revenues | $19,144,235 | $22,301,900 | -14.2% |
Organizations like Wright State University Foundation
Organization | Type | Location | Revenue |
---|
Boise State University Foundation | 501(c)(3) | Boise, ID | $40,142,108 |
California State University Bakersfield Foundation | 501(c)(3) | Bakersfield, CA | $6,151,101 |
The Ohio University Foundation | 501(c)(3) | Athens, OH | $85,119,153 |
Eastern Michigan University Foundation | 501(c)(3) | Ypsilanti, MI | $20,178,449 |
Kean University Foundation | 501(c)(3) | Union, NJ | $10,085,812 |
Missouri State University Foundation (MSU) | 501(c)(3) | Springfield, MO | $35,483,515 |
Northern State University Foundation | 501(c)(3) | Aberdeen, SD | $8,393,561 |
Alamo Heights School Foundation | 501(c)(3) | San Antonio, TX | $4,929,055 |
Radford University Foundation | 501(c)(3) | Radford, VA | $8,055,218 |
University of Mississippi Foundation | 501(c)(3) | Oxford, MS | $95,544,401 |
Data update history
July 16, 2024
Posted financials
Added Form 990 for fiscal year 2023
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
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/givingÂ
- 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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