Ferris Foundation

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

EIN: 386115813 ✦ Big rapids, MI ✦ Designated as a 501(c)(3)

Overview

What is Ferris Foundation?

The Ferris Foundation is a nonprofit organization based in Big Rapids, Michigan, with an address at 420 Oak Street Praakken 101. Its primary objective is to support and advance the mission and goals of Ferris State University by actively generating and managing private funding. With a commitment to comprehensive, aggressive, and ethical fundraising, the Foundation engages in prudent fiscal management of long-term private assets. Furthermore, it passionately advocates for the University among its constituents.


Official website here: www.ferris.edu/foundation

Is Ferris Foundation legitimate?

Ferris Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ferris 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.ferris.edu/foundation

What is the mission statement of Ferris Foundation?

The Ferris Foundation was established with the objective of advancing the mission and goals of Ferris State University. It accomplishes this mission through a comprehensive and aggressive private fundraising program aimed at identified university needs and goals, as well as ethical fiscal management of long-term private assets. The foundation's activities include generating and managing private support for the university, with a focus on advocacy and financial resources. Its efforts are geared towards enhancing the university's capabilities and capabilities while maintaining ethical standards. The foundation's advocacy efforts are enthusiastic and dedicated to promoting the university among its various constituents.


Official website here: www.ferris.edu/foundation

Who is the CEO of Ferris Foundation?

Robert Murray is the Executive Di of Ferris Foundation.


Official website here: www.ferris.edu/foundation

What is the revenue of Ferris Foundation?

Ferris Foundation's revenue in 2022 was $12,993,679.


Official website here: www.ferris.edu/foundation

Who are the executives of Ferris Foundation and what are their salaries?

Here are 31 key members and their salaries:

    Dr David L Eisler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $530,618
  • Other: $66,811

    • Jim Bachmeier (Treasurer)
  • Compensation: $0
  • Related: $233,741
  • Other: $36,402

    • Susan Jones (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $187,075
  • Other: $31,758

    • Robert Murray (Executive Di) [Trustee/Director]
  • Compensation: $0
  • Related: $153,431
  • Other: $26,100

    • Barbara Benda (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $126,377
  • Other: $24,924

    • Kenneth Bailey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Bissett (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Cross (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenifer Cutter (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Doyle (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Graves (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Jean K Elder (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Dana King (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Davd Pilgrim (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arlen-Dean Gaddy (Chair Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Granger (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Hancock (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Visner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kurt Hofman (Immediate Pa) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr John Engelman Ii (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Kalinowski (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russell Visner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Murphy (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Nawrocki (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Roberts (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Thomas P Scholler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Shaw (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Simon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Alton Smith (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry Stewart (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Howard C Stross (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


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

    Where can I find the form 990 for Ferris Foundation?

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


    Official website here: www.ferris.edu/foundation

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

    Mission Statement of Ferris Foundation

    The Ferris Foundation is a charitable organization dedicated to advancing the mission and goals of Ferris State University. Established with a mission to generate and manage private support for the university, the Foundation works tirelessly to secure funds for identified university needs and objectives.

    In pursuit of this endeavor, the Foundation employs a comprehensive, aggressive, and ethical private fundraising program. This program is targeted towards securing resources for the university's priorities and future developments. The Foundation's team diligently seeks out potential donors and engages with them in a responsible and ethical manner, ensuring the long-term success of the university.

    In addition to fundraising, the Ferris Foundation also practices prudent fiscal management of its long-term private assets. This financial stewardship is a crucial component of the Foundation's mission, ensuring the sustainability of its efforts to support Ferris State University. Furthermore, the Foundation enthusiastically and ethically advocates for the university among its constituents, raising awareness and garnering support for its initiatives.

    By carrying out these functions, the Ferris Foundation plays a vital role in advancing the mission and goals of Ferris State University, ultimately contributing to the growth and success of the institution.

    Impact

    This information is meant to be a general summary of Ferris Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Ferris Foundation plays a key role in advancing the mission and goals of Ferris State University by generating and managing private support for the institution. Through a comprehensive and ethical private fundraising program, the foundation targets identified university needs and goals. It also engages in aggressive yet prudent fiscal management of long-term private assets and advocates enthusiastically and ethically for the university among all its constituents. This impactful work helps support Ferris State University in its educational endeavors and contributes to the success of its students and 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: $5,768,248
  • Program Service Revenue: $0
  • Gross Receipts: $18,758,330

    • Assets and Liabilities:
  • Total Assets: $118,188,680
  • Total Liabilities: $146,985
  • Net Assets: $118,041,695
  • Organization Details

    Founding Year

    1991

    Principal Officer

    Robert Murray

    Main Address

    420 OAK STREET PRAKKEN 101, BIG RAPIDS, MI, 493072031

    NTEE Category

    Code: B82 - Education

    If you are a representative of Ferris 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.