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Youngstown State University Foundation

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

EIN: 346576610 ✦ Youngstown, OH ✦ Designated as a 501(c)(3)

Overview

What is Youngstown State University Foundation?

The Youngstown State University Foundation is an independent, self-governing, non-profit organization based in Youngstown, Ohio. With a team of 24 employees, it raises and manages funds to support scholarships and student initiatives, as well as the growth and development of Youngstown State University (YSU). The Foundation serves as a catalyst for advancing YSU, the Youngstown community, and Northeastern Ohio by offering over $16.3 million in annual scholarship aid. Its mission includes providing programmatic support to YSU, with initiatives such as the Minority Scholarship Match Program and the Student Investment Fund. The Foundation's match program has attracted over $2,269,267 in gifts, increasing YSU's student diversity. In addition, it grants funds to YSU for lectures, symposiums, and departmental operations.


Official website here: www.ysufoundation.org

Is Youngstown State University Foundation legitimate?

Youngstown State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youngstown State 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: $293,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,035,585

For more financial information, click here


Official website here: www.ysufoundation.org

What is the mission statement of Youngstown State University Foundation?

The Youngstown State University Foundation is dedicated to supporting and enhancing educational programs at Youngstown State University, primarily through the provision of scholarships and programmatic support. This independent, non-profit organization aims to advance YSU by managing and distributing resources, acting as a catalyst for growth and development, and serving as a crucial source of opportunity and excellence for students and university initiatives. The YSU Foundation provides over $16.3 million in annual scholarship aid, including initiatives like the Minority Scholarship Match Program and the Student Investment Fund, which have attracted significant donations and increased diversity among students. Additionally, the Foundation grants funds to YSU for lectures, symposiums, and departmental operations.


Official website here: www.ysufoundation.org

Who is the CEO of Youngstown State University Foundation?

Paul Mcfadden is the Chair/Trustee of Youngstown State University Foundation.


Official website here: www.ysufoundation.org

What is the revenue of Youngstown State University Foundation?

Youngstown State University Foundation's revenue in 2023 was $28,980,786.


Official website here: www.ysufoundation.org

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

The average compensation at Youngstown State University Foundation during 2023 was $55,368. There are 24 employees and 41 volunteers at Youngstown State University Foundation.

Here are 47 key members and their salaries:

    Paul Mcfadden (President)
  • Compensation: $316,000
  • Related: $0
  • Other: $26,278

    • Heather Chunn (Vice President)
  • Compensation: $135,742
  • Related: $0
  • Other: $20,416

    • Brian Nord (Senior Development Officer)
  • Compensation: $115,524
  • Related: $0
  • Other: $15,396

    • Leonard Morris (Controller)
  • Compensation: $105,246
  • Related: $0
  • Other: $9,198

    • Ed Muransky (Chair/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Hierro (Immediate Past Chair/Trust) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nader Atway (Vice Chair/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Theodore Schmidt (Treasurer/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Moliterno (Assistant Treasurer/Truste) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jude Nohra (Secretary/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benjamin Keck (Assistant Secretary/Truste) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter J Asimakopoulos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Beeghly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Germaine Bennett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • A Gary Bitonte (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexa Sweeney Blackann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Blase (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lee Burdman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Capri Cafaro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nikki Carter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas J Cavalier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Domenic L Constantini (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan W Cope (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alfred J Fleming (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas J Fleming (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John F Geletka (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Geller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen J Gurgovits (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Helmick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chandrer Kohli (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jocelyne Kollay Linsalata (Trustee - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Garry L Mrozek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elba Navarro (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl A Nunziato (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Padgitt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Payiavlas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John L Pogue (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Poole (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard J Schiraldi (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Schulick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James H Sisek (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Solomon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Sweeney (Trustee - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rajiv Taneja (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard B Thompson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart Wise (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ysufoundation.org

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

    The Youngstown State University Foundation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.ysufoundation.org

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

    Mission Statement of Youngstown State University Foundation

    The Youngstown State University Foundation is a devoted non-profit organization that supports, expands, and develops educational programs at Youngstown State University (YSU). Established as an independent, autonomous entity, it pursues, manages, and distributes resources to provide scholarships and student initiatives, ultimately contributing to the growth and development of YSU. The Foundation serves as a catalytic force for the advancement of YSU, the Youngstown community, and Northeastern Ohio. It aims to be a critical source of support, opportunity, and excellence for YSU students and university programs.

    In the competitive landscape of higher education, access to scholarships is crucial. The Youngstown State University Foundation has historically provided over $16.3 million in annual scholarship aid, enabling students to attend YSU. Two of the Foundation's significant initiatives are the Minority Scholarship Match Program and the Student Investment Fund. For over a decade, the Foundation has matched all gifts to minority scholarships, which has attracted over $2,269,267 in gifts. This initiative has increased the diversity of YSU's student body, allowing a more inclusive learning environment. Additionally, the Foundation provides grants to YSU for lectures, symposiums, and the operations of various departments and centers. Through these efforts, the Youngstown State University Foundation continues to enhance the university experience for students.

    Impact

    This information is meant to be a general summary of Youngstown State 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 impact of Youngstown State University Foundation is significant in supporting Youngstown State University by providing scholarships and programmatic support. With an annual contribution of over $16.3 million in scholarship aid, the foundation plays a crucial role in providing access to education at YSU. Through initiatives like the Minority Scholarship Match Program and the Student Investment Fund, the foundation has attracted substantial gifts, totaling over $2.2 million, to increase diversity within the student body.

    Moreover, the foundation's grants for lectures, symposiums, and various department operations further enhance the educational experience at Youngstown State University. By serving as a catalyst for the advancement of YSU, the foundation contributes to the growth and development of both the university and the Youngstown community. Through its commitment to supporting scholarships and student initiatives, the Youngstown State University Foundation is a critical source of support, opportunity, and excellence for YSU students 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 2023.

  • Investment Income: $13,142,972
  • Program Service Revenue: $0
  • Gross Receipts: $105,069,641

    • Assets and Liabilities:
  • Total Assets: $333,927,994
  • Total Liabilities: $11,831,468
  • Net Assets: $322,096,526
  • Organization Details

    Founding Year

    1966

    Principal Officer

    Paul Mcfadden

    Main Address

    655 WICK AVENUE, YOUNGSTOWN, OH, 44502

    NTEE Category

    Code: B11 - Education

    If you are a representative of Youngstown State 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.