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Western Illinois University Foundation

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

EIN: 376046814 ✦ Macomb, IL ✦ Designated as a 501(c)(3)

Overview

What is Western Illinois University Foundation?

The Western Illinois University Foundation is a nonprofit organization headquartered at 1 University Circle 303, Macomb, Illinois, 61455. Their mission is to bolster Western Illinois University's core values by raising private funds, including scholarships and grants for students, faculty awards, education, and various programs. The Foundation seeks to supplement state resources, enabling the university to further its mission in instruction, research, and public service. During the recent year, they distributed approximately 2,910 scholarships and 30 faculty & staff awards, totaling $3,103,889 in grants.


Official website here: www.wiu.edu/foundation

Is Western Illinois University Foundation legitimate?

Western Illinois University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Western Illinois 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.wiu.edu/foundation

What is the mission statement of Western Illinois University Foundation?

The Western Illinois University Foundation's mission is to boost private funding for Western Illinois University, augmenting the state's appropriations to elevate academic excellence, educational opportunities, personal growth, and social responsibility. The foundation aims to support initiatives beyond the state's funding scope, enabling the university to expand its instruction, research, and public service efforts. By collecting and managing private donations, the foundation enhances educational prospects for students and advances the university's goals. These contributions serve to enrich the university's resources, making possible programs that would otherwise be inaccessible. Generous contributions to the foundation enable Western Illinois University to provide a more well-rounded education and contribute further to its mission.


Official website here: www.wiu.edu/foundation

Who is the CEO of Western Illinois University Foundation?

Bradley L Bainter is the President of Western Illinois University Foundation.


Official website here: www.wiu.edu/foundation

What is the revenue of Western Illinois University Foundation?

Western Illinois University Foundation's revenue in 2022 was $14,526,039.


Official website here: www.wiu.edu/foundation

Who are the executives of Western Illinois University Foundation and what are their salaries?

Here are 21 key members and their salaries:

    Holly Sutton (Non-Voting, Ex-Officio Dir)
  • Compensation: $59,996
  • Related: $0
  • Other: $31,776

    • Lisa Krieg (Recording Secretary)
  • Compensation: $38,924
  • Related: $0
  • Other: $26,180

    • Bradley L Bainter (Executive Director)
  • Compensation: $49,139
  • Related: $0
  • Other: $0

    • David L Miller (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randall S Germeraad (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason L Duncan (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John D Mcmillan (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry T Balsamo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert K Baumann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick J Burke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lorraine Epperson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicholas H Estes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles C Gilbert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John E Hallwas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura J Janus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven J Mccann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janice Owens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia R Rauschert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael G Steelman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacqueline K Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rhonda Haffner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wiu.edu/foundation

    Where can I find the form 990 for Western Illinois University Foundation?

    The Western Illinois University Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wiu.edu/foundation

    Learn more at the official website: www.wiu.edu/foundation

    Mission Statement of Western Illinois University Foundation

    The Western Illinois University Foundation plays a crucial role in expanding the capabilities of Western Illinois University (WIU) by acquiring private support. With a mission to augment the university's core values, this nonprofit organization aims to foster academic excellence, educational opportunity, personal growth, and social responsibility.

    Through private donations, the WIU Foundation seeks to enhance the educational experiences of students beyond what the State of Illinois provides through sufficient appropriations. The foundation's primary objective is to serve purposes distinct from those already funded by the state, thereby enabling the university to implement programs that may not otherwise exist. These contributions, when combined with state resources, add an extra dimension to WIU's educational offerings, broadening the scope of its mission in instruction, research, and public service.

    In essence, the Western Illinois University Foundation acts as a catalyst for growth by securing private funds to support initiatives that extend beyond the scope of the state's financial commitment to the university. These resources provide opportunities for WIU to enrich its educational programs and further its mission, ultimately benefiting its students and the wider academic community.

    Impact

    This information is meant to be a general summary of Western Illinois 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 Western Illinois University Foundation's impact is significant in advancing the core values of academic excellence, educational opportunity, personal growth, and social responsibility at Western Illinois University. Through private support, the foundation enables the university to enhance educational opportunities for students and further its mission of instruction, research, and public service. This assistance plays a crucial role in supporting programs that may not be possible with state resources alone.

    Throughout the year, the foundation distributes approximately 2,910 scholarships and 30 faculty & staff awards, totaling $3,103,889 in grants. This financial assistance directly benefits students, faculty, and staff, contributing to the overall success and growth of Western Illinois University. By maximizing private support, the WIU Foundation plays a key role in fostering a thriving educational environment and helping the university fulfill its mission of providing high-quality education and research opportunities.





    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: $6,000,510
  • Program Service Revenue: $0
  • Gross Receipts: $14,619,885

    • Assets and Liabilities:
  • Total Assets: $96,361,352
  • Total Liabilities: $1,393,931
  • Net Assets: $94,967,421
  • Organization Details

    Founding Year

    1946

    Principal Officer

    Bradley L Bainter

    Main Address

    1 University Circle 303, Macomb, IL, 614551390

    NTEE Category

    Code: B43I - Education

    If you are a representative of Western Illinois 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.