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Kennesaw State University Foundation Inc

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

EIN: 237034345 ✦ Kennesaw, GA ✦ Designated as a 501(c)(3)

Overview

What is Kennesaw State University Foundation Inc?

The Kennesaw State University Foundation Inc, located at 1000 Chastain Road 9101, Kennesaw, GA, 30144, acts as an advocate for Kennesaw State University and manages various facilities to support the institution. Their activities encompass student housing, parking, office spaces, dining venues, and sports and recreation facilities. Additionally, they are responsible for receiving, investing, accounting for, and allocating private donations and contributions to benefit Kennesaw State University.


Official website here: www.foundation.kennesaw.edu

Is Kennesaw State University Foundation Inc legitimate?

Kennesaw State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kennesaw 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: $0

For more financial information, click here


Official website here: www.foundation.kennesaw.edu

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

The Kennesaw State University Foundation serves as an advocate for the university and manages the reception, investment, accounting, and allocation of private donations to support its academic and operational needs. Its mission is to advocate for Kennesaw State University and manage contributions to enhance the university's educational environment. The foundation leases various facilities to the university, including student housing, parking, offices, dining halls, and sports and recreation centers. These resources contribute to the overall student experience and learning environment at Kennesaw State University.


Official website here: www.foundation.kennesaw.edu

Who is the CEO of Kennesaw State University Foundation Inc?

Lance Burchett is the Principal Officer of Kennesaw State University Foundation Inc. The CEO's salary of Kennesaw State University Foundation Inc is $0 and their total compensation is $290,760.


Official website here: www.foundation.kennesaw.edu

What is the revenue of Kennesaw State University Foundation Inc?

Kennesaw State University Foundation Inc's revenue in 2022 was $60,637,080.


Official website here: www.foundation.kennesaw.edu

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

Here are 60 key members and their salaries (Kennesaw State University Foundation Inc's CEO's salary is $0 and their total compensation is $290,760):

    Dr Kathy Schwaig (Trustee/Interim President Ksu)
  • Compensation: $0
  • Related: $390,203
  • Other: $48,796

    • Mr Lance E Burchett (Ceo)
  • Compensation: $0
  • Related: $242,101
  • Other: $48,659

    • Mr Stephen Bridges (Cfo)
  • Compensation: $0
  • Related: $155,389
  • Other: $58,027

    • Ms Valerie Patrick (Director Of Accounting & Finance)
  • Compensation: $0
  • Related: $121,515
  • Other: $36,985

    • Ms Janelle Funk (Finance Director)
  • Compensation: $0
  • Related: $104,785
  • Other: $29,524

    • Mr Trenton D Turk (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr James P Dunn (Immediate Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Steven I Cadranel (Vice Chair-Chair Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Douglas E Jones (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Andre Schnabl (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Angie M Alexander (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Richard A Bennett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Shailesh Bettadapur (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Ron L Braund (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr R Allen Brooks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Walton C Bryde (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Elizabeth W Camp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Charles C Clay (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Mel C Clemmons (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Stephanie Clemmons (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Mr William E Darden Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Don E Davidson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Stephen W Dils (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Connie L Engel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Jennifer Britt Fleck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Kirk M Gadebusch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Reuel Rick E Hamilton Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Joseph J Handy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr William M Hayes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Frank M Howard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr I Barry Hyman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Don Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr George W Kalafut (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Julie Kimball (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Lawrence P Kraska (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr William G Lako Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Catherine Land Waters (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Shepherd D Long (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Ben L Looper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Beth Lowry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Judith Moen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Siddhartha Mookerji (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Veronica C Morrissette (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Alana Mueller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Francisco Borja Olano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Hector A Padilla (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Theodore L Parrish (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr James Chris Pike (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Deborah Pike (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Bob M Prillaman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Michael S Quinlan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Norman J Radow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Candice L Saunders (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Douglas Shore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Richard S Siegel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr J Larry Stevens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Valery Voyles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr David R Walens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Robert K Walsh Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.foundation.kennesaw.edu

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

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


    Official website here: www.foundation.kennesaw.edu

    Learn more at the official website: www.foundation.kennesaw.edu

    Mission Statement of Kennesaw State University Foundation Inc

    Kennesaw State University Foundation Inc, with a mission to advocate for Kennesaw State University, is dedicated to receiving, investing, accounting for, and allocating private gifts and contributions in support of the institution. The foundation serves as a crucial bridge between donors and the university, ensuring that resources are effectively utilized to further the educational goals and objectives of Kennesaw State University.

    Moreover, the foundation plays an essential role in providing student housing, parking, office spaces, dining facilities, and sports and recreation facilities to the university. By doing so, it enhances the overall student experience, creating an enriching and vibrant campus environment. The foundation's contributions extend beyond the physical infrastructure, as it also supports various academic, research, and community programs at Kennesaw State University. This commitment to the university's growth and success is a testament to its unwavering dedication and passion for advancing the mission of Kennesaw State University.

    Impact

    This information is meant to be a general summary of Kennesaw 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

    Kennesaw State University Foundation Inc serves as an advocate for Kennesaw State University, supporting the university by receiving, investing, accounting for, and allocating private gifts and contributions. Additionally, the foundation engages in leasing operations to provide essential facilities such as student housing, parking, office space, dining options, and sports and recreation facilities to the university. This plays a crucial role in enhancing the overall campus experience for students, faculty, and staff.

    Through its mission to support Kennesaw State University, the foundation contributes significantly to the educational environment and opportunities available to students. By securing private gifts and managing funds effectively, the foundation helps to drive innovation, excellence, and growth within the university. Furthermore, the provision of essential facilities through leasing operations ensures that the campus remains functional and conducive to learning and research activities.

    Overall, Kennesaw State University Foundation Inc makes a tangible impact by facilitating and enhancing the educational mission of Kennesaw State University, ultimately benefiting students, faculty, and the broader community. The foundation's efforts in advocacy, fundraising, and facility management play a vital role in advancing the university's goals and promoting excellence in education.





    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: $1,184,452
  • Program Service Revenue: $46,472,563
  • Gross Receipts: $100,466,050

    • Assets and Liabilities:
  • Total Assets: $526,662,340
  • Total Liabilities: $378,121,018
  • Net Assets: $148,541,322
  • Programs

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

    LEASING INCOME

    Revenue

    $46,104,543

    MANAGEMENT FEE INCOME

    Revenue

    $368,020

    Organization Details

    Founding Year

    1969

    Principal Officer

    Lance Burchett

    Main Address

    1000 CHASTAIN ROAD 9101, KENNESAW, GA, 30144

    NTEE Category

    Code: B43 - Education

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