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West Chester University Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 233054174 ✦ West chester, PA ✦ Designated as a 501(c)(3)

Overview

What is West Chester University Foundation?

The West Chester University Foundation is a nonprofit organization headquartered at 202 Carter Drive, West Chester, PA, 19382. With a team of 35 employees, its primary mission is to promote the charitable, scientific, and educational interests of West Chester University. In the fiscal year ending June 30, 2022, the Foundation raised over $12 million in donations for the university. Almost a million dollars of this total was designated for endowments to fund future scholarships and support university programs and activities. Approximately $1.35 million in scholarships were granted to nearly a thousand students, making higher education opportunities accessible to them. The remaining funds were allocated to various academic and cultural programs, athletic initiatives, joint undergraduate student and faculty research, student and faculty conference attendance, student participation in national tournaments, professional development, and other student services.


Official website here: www.wcufoundation.org

Is West Chester University Foundation legitimate?

West Chester University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Chester University Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $633,013
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,737,198

For more financial information, click here


Official website here: www.wcufoundation.org

What is the mission statement of West Chester University Foundation?

The West Chester University Foundation exists to foster charitable, scientific, and educational interests for West Chester University. It achieves this goal by soliciting funds and other property in alignment with the university's priorities. In the fiscal year ending June 30, 2022, the foundation successfully raised over $12 million for the university. Nearly $1 million of this amount was allocated to endowments, funding future student scholarships and supporting university programs and activities. The scholarships granted to nearly 1,000 students played a crucial role in enabling these students to access the opportunities and benefits of a high-quality West Chester University education. Moreover, the funds raised contributed to various initiatives such as academic and cultural programs, athletic programs, research collaborations, conference attendance, student participation in national tournaments, professional development, and student services.


Official website here: www.wcufoundation.org

Who is the CEO of West Chester University Foundation?

Debra Cornelius is the Chief Dev. Off./Int. Ed (As Of 6/22) of West Chester University Foundation. The CEO's salary of West Chester University Foundation is $280,712 and their total compensation is $341,376.


Official website here: www.wcufoundation.org

What is the revenue of West Chester University Foundation?

West Chester University Foundation's revenue in 2022 was $16,709,922.


Official website here: www.wcufoundation.org

Who are the executives of West Chester University Foundation and what are their salaries?

The average compensation at West Chester University Foundation during 2022 was $67,720. There are 35 employees and 160 volunteers at West Chester University Foundation.

Here are 24 key members and their salaries (West Chester University Foundation's CEO's salary is $280,712 and their total compensation is $341,376):

    Christopher Mominey (Ceo (Until 6/22))
  • Compensation: $280,712
  • Related: $0
  • Other: $60,664

    • Cindy Ray (Cfo (Until 8/22))
  • Compensation: $149,676
  • Related: $0
  • Other: $22,467

    • Debra Cornelius (Chief Dev. Off./Int. Ed (As Of 6/22))
  • Compensation: $104,932
  • Related: $0
  • Other: $27,122

    • Christina Farrell (Chief Advancement Ops Officer)
  • Compensation: $97,978
  • Related: $0
  • Other: $22,727

    • Marie Colaprete (Chief Hr Officer (Until 6/21))
  • Compensation: $88,333
  • Related: $0
  • Other: $8,736

    • Dr John H Baker (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Leidheiser (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Sandra F Mather (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr David Holveck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Maury Hoberman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward N Collison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Joan M Kaminski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John N Nickolas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • May Van (Vice President (Until 12/21)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Millie Cassidy (Trustee (Until 12/21))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Tahany Naggar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Beale (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Plucienik (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Bossard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marisa Tilghman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul D Emrick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Dawn Apgar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randall Warren (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Stanley Yarosewick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wcufoundation.org

    Where can I find the form 990 for West Chester University Foundation?

    The West Chester University Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wcufoundation.org

    Learn more at the official website: www.wcufoundation.org

    Mission Statement of West Chester University Foundation

    The West Chester University Foundation actively works towards promoting the charitable, scientific, and educational interests of West Chester University. Established with this mission in mind, the Foundation achieves its goals by soliciting funds and other property in accordance with priorities set by the university.

    During the fiscal year ending on June 30, 2022, the Foundation raised over $12 million for West Chester University. Of this amount, over $1 million was directed towards endowments for future student scholarships and support for university programs and activities. Nearly 1,000 students benefited from these scholarships, many of whom would not have been able to experience the opportunities and benefits of a high-quality West Chester University education without this financial assistance.

    Moreover, the funds raised by the Foundation benefited various programs and activities such as academic and cultural programs, athletic programs, joint undergraduate student and faculty research, and student and faculty conference attendance. Students also participated in national tournaments, received professional development, and availed of other student services. Overall, the West Chester University Foundation's efforts significantly contributed to enhancing the educational experience and opportunities for students at the university.

    Impact

    This information is meant to be a general summary of West Chester University Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The West Chester University Foundation's impact includes raising over $12 million in contributions for West Chester University. This funding has supported various initiatives, including providing scholarships to nearly 1,000 students, funding endowments for future student scholarships, and supporting university programs and activities. Additionally, the foundation's funds have benefited academic and cultural programs, athletic programs, research opportunities for students and faculty, student services, and professional development. Through its efforts, the foundation plays a crucial role in promoting the charitable, scientific, and educational interests of West Chester University.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,423,355
  • Program Service Revenue: $4,112,801
  • Gross Receipts: $20,431,435

    • Assets and Liabilities:
  • Total Assets: $52,679,195
  • Total Liabilities: $3,605,914
  • Net Assets: $49,073,281
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONTRACT REVENUE

    Revenue

    $4,104,301

    SPONSORSHIP REVENUE

    Revenue

    $8,500

    Organization Details

    Founding Year

    2000

    Principal Officer

    Debra Cornelius

    Main Address

    202 CARTER DRIVE, WEST CHESTER, PA, 19382

    NTEE Category

    Code: B11 - Education

    If you are a representative of West Chester University Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.