Overview
What is Idaho State University Foundation Inc?
Idaho State University Foundation Inc, established in 1967, is a not-for-profit organization based in Pocatello, Idaho, with a mission to support its namesake university. The Foundation, managed by a volunteer Board of Directors, is independent from Idaho State University and focuses on two primary service areas: academic, development, and program support, and endowment and private resource management. By soliciting and managing donations, the Foundation enhances opportunities for students and maintains the donor database. The endowment and other privately donated funds are skillfully managed to generate returns and meet the university's spending needs.
Official website here: www.isu.edu/foundation
Is Idaho State University Foundation Inc legitimate?
Idaho State University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Idaho 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: $21,492
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.isu.edu/foundation
What is the mission statement of Idaho State University Foundation Inc?
The Idaho State University Foundation's primary objective is to inspire private donations from various sources for the advantage of Idaho State University. The Foundation, established in 1967, functions as a not-for-profit organization with a volunteer Board of Directors, ensuring its independence from the University. Its mission is twofold: academic, development, and program support, and endowment and private resource management. In the first area, the Foundation solicits contributions, which expand opportunities for students and contribute to institutional excellence beyond state funding. The second area involves managing the University's endowment and privately donated funds, ensuring effective investment strategies and meeting the spending requirements of the University.
Official website here: www.isu.edu/foundation
Who is the CEO of Idaho State University Foundation Inc?
Arlo Luke is the Executive Vice President of Idaho State University Foundation Inc.
Official website here: www.isu.edu/foundation
What is the revenue of Idaho State University Foundation Inc?
Idaho State University Foundation Inc's revenue in 2022 was $39,421,629.
Official website here: www.isu.edu/foundation
Who are the executives of Idaho State University Foundation Inc and what are their salaries?
- Kyle Mcgowan Left 032022 (Executive Vice President)
- Nate Cuoio (Legal Counsel)
- Pauline Thiros From 032022 (Interim Executive Vice President)
- John Kent (President) [Trustee/Director]
- David Jeppesen (Past President) [Trustee/Director]
- Crystal Allen (Secretary) [Trustee/Director]
- Larry Bird (Board Member) [Trustee/Director]
- Reed Brimhall (Board Member) [Trustee/Director]
- Dirk Driscoll (Board Member) [Trustee/Director]
- Bill Eames (Board Member) [Trustee/Director]
- Cassandra Gehrke (Board Member) [Trustee/Director]
- Roger Gibson (Board Member) [Trustee/Director]
- Randy Hudspeth (Board Member) [Trustee/Director]
- Karen Huntsman (Board Member) [Trustee/Director]
- Joseph Jensen (Lifetime Board Member (Left 08/2021)) [Trustee/Director]
- Mike Byrne (Lifetime Board Member) [Trustee/Director]
- Josh Tolman (Board Member) [Trustee/Director]
- Beena Mannan (Board Member) [Trustee/Director]
- Bill Mcnabb (Board Member) [Trustee/Director]
- Steven Skaggs (Board Member) [Trustee/Director]
- Troy Bell (Board Member) [Trustee/Director]
- Aj Balukoff (Board Member (From 10/2021)) [Trustee/Director]
- Stephen Beckley (Board Member (From 10/2021)) [Trustee/Director]
- Susan Campbell (Board Member (From 10/2021)) [Trustee/Director]
- Alan Stanek (Board Member (From 10/2021)) [Trustee/Director]
- Steve Rice (Board Member (From 10/2021)) [Trustee/Director]
- Arlo Luke (Treasurer)
Official website here: www.isu.edu/foundation
Where can I find the form 990 for Idaho State University Foundation Inc?
The Idaho State University Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.isu.edu/foundation
Learn more at the official website: www.isu.edu/foundation
Mission Statement of Idaho State University Foundation Inc
Idaho State University Foundation Inc is a not-for-profit organization dedicated to soliciting, holding, and managing donations for the betterment of Idaho State University. Established in March 1967, the Foundation operates under the management of a volunteer Board of Directors and is independent of the University, as per the Idaho State Board of Education's administrative rules.
The primary mission of the Foundation is to generate voluntary private support from alumni, friends, corporations, foundations, and others for the benefit of Idaho State University. This support contributes significantly to the University's academic, development, and program initiatives, providing opportunities for students and enhancing institutional quality beyond what is achievable through state funding alone.
Additionally, the Foundation plays a crucial role in managing the University's endowment and privately donated funds. It selects investment advisors and sets investment targets, allocations, and enhances returns on invested funds. The Foundation also manages cash flows from endowment and other funds to meet the University's spending needs, and maintains a donor database to facilitate effective communication and stewardship of donor relationships.
In summary, the Idaho State University Foundation Inc serves as a vital partner to the University by securing and managing private resources to bolster academic programs and institutional excellence.
Impact
This information is meant to be a general summary of Idaho 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
Idaho State University Foundation Inc's impact lies in its ability to stimulate voluntary private support from alumni, parents, friends, corporations, foundations, and others for the benefit of Idaho State University. By leveraging these resources, the Foundation provides opportunities for students and enhances institutional excellence beyond what state funding levels can offer. Additionally, the Foundation effectively manages endowment and other privately donated funds to support the University and its programs, ensuring sustainable financial support for future initiatives. Through its mission to secure private support, Idaho State University Foundation Inc plays a crucial role in furthering the university's academic, development, and program goals.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Management Fee
Revenue
$867,925
Gift Fee Income
Revenue
$466,938
Organization Details
Founding Year
1967
Phone
(208) 282-3470
Principal Officer
Arlo Luke
Main Address
921 South 8th Avenue Stop 8050, Pocatello, ID, 83209
Website
www.isu.edu/foundation
NTEE Category
Code: B84 - Education
If you are a representative of Idaho 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.