Overview
What is Morehead State University Foundation Inc?
Morehead State University Foundation Inc, based in Morehead, Kentucky, serves as a vital supporter of Morehead State University's academic programs. As a nonprofit organization, their primary mission is to enhance the educational opportunities at the university through fundraising and administrative assistance. They operate with a focus on providing a 'margin of excellence' funding to Morehead State University, helping the institution reach its established goals. The foundation fulfills this mission by prudently managing its assets, advocating for educational purposes, offering advice and support to the university's leadership, and contributing to its fundraising programs. With a team of three dedicated individuals, they strive to promote educational growth and development at Morehead State University.
Official website here: www.alumni.moreheadstate.edu/s/1869/foundation19
Is Morehead State University Foundation Inc legitimate?
Morehead State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morehead 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: $25,301
For more financial information, click here
Official website here: www.alumni.moreheadstate.edu/s/1869/foundation19
What is the mission statement of Morehead State University Foundation Inc?
The Morehead State University Foundation Inc's mission is centered around supporting Morehead State University. This support is primarily through fundraising and providing administrative assistance. The foundation's primary objective is to provide funding for a 'margin of excellence' to aid Morehead State University in achieving its established goals. The foundation is responsible for managing its assets in accordance with federal and state laws and regulations, promoting educational purposes in conjunction with the university. It encourages, sponsors, and supports the institutional priorities of Morehead State University, offering advice, consultation, and support to the university's board of regents and president. Additionally, the foundation provides volunteer leadership for Morehead State University's fundraising programs and assists with other institutional advancement efforts.
Official website here: www.alumni.moreheadstate.edu/s/1869/foundation19
Who is the CEO of Morehead State University Foundation Inc?
Richard L Hesterberg is the Chair of Morehead State University Foundation Inc. The CEO's salary of Morehead State University Foundation Inc is $0 and their total compensation is $0.
Official website here: www.alumni.moreheadstate.edu/s/1869/foundation19
What is the revenue of Morehead State University Foundation Inc?
Morehead State University Foundation Inc's revenue in 2023 was $6,483,169.
Official website here: www.alumni.moreheadstate.edu/s/1869/foundation19
Who are the executives of Morehead State University Foundation Inc and what are their salaries?
The average compensation at Morehead State University Foundation Inc during 2023 was $8,434. There are 3 employees and 22 volunteers at Morehead State University Foundation Inc.
Here are 22 key members and their salaries (Morehead State University Foundation Inc's CEO's salary is $0 and their total compensation is $0):
- Mr Jack Matthews (Chair) [Trustee/Director]
- Mr Perry Allen (Vice Chair) [Trustee/Director]
- Mr Bob Albert (Treasurer) [Trustee/Director]
- Mr Rick Hesterberg (Foundation, Ceo) [Trustee/Director]
- Mr Kenneth Alexander (Trustee)
- Mr Ronald Cartee (Trustee)
- Mr Ronald Cooper (Trustee)
- Mr Jon Harville (Trustee)
- Mr Kevin Johns (Trustee)
- Mr Andrew Jones (Trustee)
- Mr John Merchant (Trustee)
- Mr Gary Mitchell (Trustee)
- Mr Brian G Nurick (Trustee)
- Mr Andre Prefontaine (Trustee)
- Ms Heather Thompson (Trustee)
- Ms Janice Towles (Trustee)
- Mr Christopher Wright (Trustee)
- Mr James Jennings (Trustee)
- Mr Brian Mcbrayer (Trustee)
- Ms Peggy Osborne (Trustee)
- Ms Barbara Ison (Trustee)
- Mr Brett Traver (Trustee)
Official website here: www.alumni.moreheadstate.edu/s/1869/foundation19
Where can I find the form 990 for Morehead State University Foundation Inc?
The Morehead State University Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Official website here: www.alumni.moreheadstate.edu/s/1869/foundation19
Learn more at the official website: www.alumni.moreheadstate.edu/s/1869/foundation19
Mission Statement of Morehead State University Foundation Inc
Morehead State University Foundation Inc is committed to supporting Morehead State University (MSU) through fundraising and administrative assistance. Their mission is to provide a 'Margin of Excellence Opportunity Funding' to MSU, helping the university achieve its established goals. The foundation is responsible for administering its assets prudently, adhering to federal and state laws and regulations, and upholding a fiduciary responsibility between the university and itself. The goal is to promote educational purposes in conjunction with or at the request of MSU, encouraging, sponsoring, and supporting institutional priorities. The foundation also offers advice, consultation, and support to the president and the Board of Regents of MSU, and provides volunteer leadership for MSU's fundraising programs, as well as supporting other institutional advancement efforts.
Impact
This information is meant to be a general summary of Morehead 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
Morehead State University Foundation Inc supports Morehead State University through fundraising and administrative support, providing assistance to various academic programs at the university. Their mission is to provide margin of excellence opportunity funding to assist MSU in reaching its established goals. The foundation prudently administers all assets in accordance with federal and state laws and regulations, promoting educational purposes by encouraging, sponsoring, and supporting institutional priorities. They also provide advice, consultation, and support to the university's president and Board of Regents, as well as volunteer leadership to fund-raising programs and other institutional advancement efforts. Their impact is crucial in furthering educational opportunities and supporting the overall mission of Morehead State University.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Organization Details
Founding Year
1979
Phone
(606) 783-2599
Principal Officer
Richard L Hesterberg
Main Address
150 UNIVERSITY BLVD, MOREHEAD, KY, 40351
NTEE Category
Code: B84 - Education
If you are a representative of Morehead 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.