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Wright State University Foundation Inc

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

EIN: 237019799 ✦ Dayton, OH ✦ Designated as a 501(c)(3)

Overview

What is Wright State University Foundation Inc?

Wright State University Foundation Inc, a Dayton, Ohio-based nonprofit organization with a mission to support scholarly research at Wright State University, raises private funds to cover personnel and operating costs for various projects, primarily in the field of medicine. Established in 1966, the Foundation is exempt from taxes under Section 501(c)(3) of the Internal Revenue Code and manages over $149 million in assets. The Foundation's latest campaign, "Rise. Shine. The Campaign for Wright State University," successfully raised over $167 million in private support. With a team of six employees, the Foundation is dedicated to enhancing funding for the university's research activities. Their financial records undergo annual audits by independent accounting firms.


Official website here: www.wright.edu/giving/about-the-foundation

Is Wright State University Foundation Inc legitimate?

Wright State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wright State University Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $781,491

For more financial information, click here


Official website here: www.wright.edu/giving/about-the-foundation

What is the mission statement of Wright State University Foundation Inc?

The Wright State University Foundation Inc was established in 1966 by forward-thinking community members with the goal of encouraging private donations to support Wright State University. The foundation's unwavering mission is to collect, manage, and distribute private funds to aid the university in achieving its strategic objectives. Their recent successful campaign, "Rise. Shine. The Campaign for Wright State University," raised over $167 million in private donations. The foundation manages over $149 million in assets and annually disperses substantial financial assistance to the university to benefit its students, faculty, and academic programs.


Official website here: www.wright.edu/giving/about-the-foundation

What is the revenue of Wright State University Foundation Inc?

Wright State University Foundation Inc's revenue in 2022 was $22,301,900.


Official website here: www.wright.edu/giving/about-the-foundation

Who are the executives of Wright State University Foundation Inc and what are their salaries?

The average compensation at Wright State University Foundation Inc during 2022 was $130,248. There are 6 employees and 40 volunteers at Wright State University Foundation Inc.

Here are 32 key members and their salaries (Wright State University Foundation Inc's CEO's salary is $261,673 and their total compensation is $292,789):

    R Scott Rash (President & Ceo)
  • Compensation: $261,673
  • Related: $0
  • Other: $31,116

    • Robert T Batson (Cfo)
  • Compensation: $127,903
  • Related: $0
  • Other: $22,372

    • Andrea Kunk (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Diederich (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Deptula (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristina Kean (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Black-Kurek (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Platt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anupam Bedi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danielle Rolfes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Donaldson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doniska Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Megan Dines (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Michael Robertson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Samia Borchers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Mccullough (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hernan Olivas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Holly Di Flora (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Ramey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karla Garrett-Harshaw (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Marc Porter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Balyeat (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Watson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Daniels (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Vonmatthiessen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Phillips (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Weisgarber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Rab (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Gunlock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Sheehan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea Wall (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wright.edu/giving/about-the-foundation

    Where can I find the form 990 for Wright State University Foundation Inc?

    The Wright State University Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wright.edu/giving/about-the-foundation

    Learn more at the official website: www.wright.edu/giving/about-the-foundation

    Mission Statement of Wright State University Foundation Inc

    The Wright State University Foundation Inc, a not-for-profit organization, was established in 1966 by visionary Dayton community leaders to foster private donations for Wright State University. With a clear mission, the Foundation continues to function as a bridge between generous donors and the University, managing nearly $150 million in assets. This support helps Wright State University achieve its strategic objectives.

    The Foundation's primary role is to raise, manage, and distribute private funds to the University. In their most recent campaign, "Rise. Shine. The Campaign for Wright State University.," they successfully secured over $167 million in private support. This impressive fundraising effort underscores the Foundation's commitment to enhancing the University's capabilities through private contributions. The Foundation's assets are distributed annually to the University, providing essential financial resources for students, faculty, and programs.

    Impact

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




    Thursday, August 15, 2024

    The Wright State University Foundation Inc plays a crucial role in supporting scholarly research at Wright State University. By raising private support, the foundation provides funding for various research projects, particularly in the field of medicine. In the most recent year, the foundation provided over $450,000 in research support. Additionally, through successful fundraising campaigns like "Rise. Shine. The Campaign for Wright State University," the foundation has raised substantial amounts of private support, totaling over $167 million. This funding helps the university accomplish its strategic goals and benefits its students, faculty, and programs.





    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: $16,619,224
  • Program Service Revenue: $0
  • Gross Receipts: $30,533,403

    • Assets and Liabilities:
  • Total Assets: $149,282,142
  • Total Liabilities: $3,692,483
  • Net Assets: $145,589,659
  • Organization Details

    Founding Year

    1966

    Main Address

    3640 Colonel Glenn Hwy 3rd Floor, Dayton, OH, 454350001

    NTEE Category

    Code: B110 - Education

    If you are a representative of Wright State University Foundation Inc 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.