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Kentucky State University Foundation Inc

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

EIN: 237351574 ✦ Frankfort, KY ✦ Designated as a 501(c)(3)

Overview

What is Kentucky State University Foundation Inc?

Kentucky State University Foundation Inc is a nonprofit organization, situated in Frankfort, Kentucky. Its primary mission is to manage scholarship funds for eligible students, while also providing financial assistance for the academic programs and activities at Kentucky State University. The foundation's role is crucial in supporting the educational journey of students and enhancing the university's academic offerings. With a modest team of two dedicated individuals, they work diligently to contribute to the overall success of Kentucky State University.


Is Kentucky State University Foundation Inc legitimate?

Kentucky State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kentucky 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: $126,668
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Kentucky State University Foundation Inc?
Who is the CEO of Kentucky State University Foundation Inc?
What is the revenue of Kentucky State University Foundation Inc?
Who are the executives of Kentucky State University Foundation Inc and what are their salaries?

The average compensation at Kentucky State University Foundation Inc during 2022 was $63,334. There are 2 employees and 22 volunteers at Kentucky State University Foundation Inc.

Here are 20 key members and their salaries:


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

Mission Statement of Kentucky State University Foundation Inc

Kentucky State University Foundation Inc plays a crucial role in supporting the academic pursuits of eligible students. Their primary mission is to manage and distribute scholarship funds, as well as provide monetary assistance for various academic programs and activities within Kentucky State University. By doing so, they aim to foster an environment that encourages learning and growth for the university's students. This nonprofit organization's mission is instrumental in ensuring that deserving students have the financial means to pursue their education, thereby contributing to the university's overall academic success and development.

Impact

This information is meant to be a general summary of Kentucky 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 impact of Kentucky State University Foundation Inc is significant in providing monetary support for the academic programs and activities of Kentucky State University. By administering the collection and disbursements of scholarship funds to eligible students, the foundation plays a crucial role in enabling students to pursue their education and achieve their academic goals. This support contributes to the overall success and growth of Kentucky State University, ultimately helping to strengthen the educational opportunities available to students in the community.





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: $622,774
  • Program Service Revenue: $0
  • Gross Receipts: $1,229,754

    • Assets and Liabilities:
  • Total Assets: $12,278,931
  • Total Liabilities: $5,004
  • Net Assets: $12,273,927
  • Organization Details

    Founding Year

    1968

    Principal Officer

    Willie Peale

    Main Address

    PO BOX 4210, FRANKFORT, KY, 40604

    NTEE Category

    Code: B110 - Education

    If you are a representative of Kentucky 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.