Overview
What is Washington State University Foundation?
The Washington State University Foundation is a nonprofit organization located in Pullman, Washington, with the mailing address PO Box 641927. The Foundation's primary role is to support Washington State University and its regional campuses by promoting, accepting, and maximizing private contributions. These funds are managed, invested, and wisely stewarded according to donor agreements, with earmarked contributions used for general administrative expenses, entrepreneurial activities, and various university-wide programs. The Foundation plays a crucial role in enhancing the capabilities and opportunities for Washington State University by prudently managing and growing the assets entrusted to it. The team at the Foundation consists of 118 dedicated employees.
Official website here: www.foundation.wsu.edu
Is Washington State University Foundation legitimate?
Washington State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Washington 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: $2,186,201
Professional Fundraising Fees: $427,643
Other Salaries and Wages: $5,450,373
For more financial information, click here
Official website here: www.foundation.wsu.edu
What is the mission statement of Washington State University Foundation?
The Washington State University Foundation functions with the mission to foster and amplify private contributions for various programs, initiatives, and properties affiliated with Washington State University and its regional campuses. The organization meticulously manages, invests, and preserves assets entrusted to it. The primary role of the Foundation involves distributing donated funds to the University, allocating them to general and administrative expenses, entrepreneurial projects, and university-wide programs, in accordance with donor agreements.
Official website here: www.foundation.wsu.edu
Who is the CEO of Washington State University Foundation?
Michael C Connell is the Vice President, Chief Executive Officer of Washington State University Foundation. The CEO's salary of Washington State University Foundation is $150,588 and their total compensation is $150,588.
Official website here: www.foundation.wsu.edu
What is the revenue of Washington State University Foundation?
Washington State University Foundation's revenue in 2022 was $157,487,648.
Official website here: www.foundation.wsu.edu
Who are the executives of Washington State University Foundation and what are their salaries?
The average compensation at Washington State University Foundation during 2022 was $64,717. There are 118 employees and 173 volunteers at Washington State University Foundation.
Here are 41 key members and their salaries (Washington State University Foundation's CEO's salary is $150,588 and their total compensation is $150,588):
- Michael C Connell (Vice President, Chief Executive Officer)
- Jon Derek Croteau (Senior Associate Vice President)
- Harold Don Shearer (Senior Associate Vice President)
- Juan Zavala (Associate Vice President)
- Karen Rasch (Senior Director)
- Victoria Miles (Associate Vice President)
- Trevor Durham (Associate Vice President)
- Theresa Boyer (Director)
- Amanto Marcotulli (Director)
- Lisa Calvert (Vice President, Chief Executive Officer)
- Dana Ulrich (Director)
- Julie Benson (Associate Vice President)
- Dawn M Barnard (Chief Financial Officer Effective 7/1/2021)
- Brent J Waugh (Assistant Vice President)
- George Keegan (Senior Associate Vice President)
- Jon Thorsen (Senior Associate Vice President)
- Bruce Amundson (Board Director & Secretary)
- K Duane Brelsford (Board Director)
- Scott Carson (Board Director)
- Sue Christianson (Board Director)
- Jim Coughlin (Board Director)
- Elizabeth A Cowles - Thru Dec 21 (Board Director)
- Bob Crist (Board Director)
- Shari L Freidenrich - Thru Dec 21 (Board Director)
- Vicki Gordon (Board Director)
- Michael Hambelton (Board Director)
- Lisa King (Board Director & President)
- Lewis C Lee (Board Director)
- David Mcgoldrick - Thru Dec 21 (Board Director)
- John C Minge (Board Director & Vice President)
- Linda J Nihoul (Board Director)
- Glenn Osterhout - Thru Dec 21 (Board Director)
- Sheryl Ossello (Board Director)
- Jack Pelo (Board Director)
- Molly Philopant (Board Director & Member-At-Large)
- Liz Pritchard (Board Director)
- Gary Schneidmiller (Board Director)
- Jack Thompson (Board Director)
- Eugene J Voiland (Board Director)
- Bill Ward (Board Director & Treasurer)
- Mike Worthy (Board Director)
Official website here: www.foundation.wsu.edu
Where can I find the form 990 for Washington State University Foundation?
The Washington State University Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.foundation.wsu.edu
Learn more at the official website: www.foundation.wsu.edu
Mission Statement of Washington State University Foundation
The Washington State University Foundation is a charitable organization dedicated to advancing the goals of Washington State University and its regional campuses. By promoting, accepting, and maximizing private support, the Foundation plays a crucial role in enhancing educational programs and initiatives at the university. The Foundation's mission extends to managing, investing, and stewarding the assets entrusted to it, ensuring their prudent use for the benefit of the institution and its students.
In practice, the Foundation does not directly provide program services but instead facilitates support for various university programs. Contributions made to the Foundation are distributed to Washington State University in accordance with donor agreements. These funds are allocated for general and administrative expenses, entrepreneurial activities, and other university-wide programs, bolstering the institution's capabilities and reach. The Foundation's commitment to its mission ultimately contributes to the ongoing growth and success of Washington State University.
Impact
This information is meant to be a general summary of Washington 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
Washington State University Foundation's impact lies in its promotion, acceptance, and maximization of private support for programs, initiatives, and properties of Washington State University and its regional campuses. By effectively managing, investing, and stewarding assets entrusted to it, the Foundation plays a crucial role in advancing the university's mission of providing quality education and research opportunities.
Through its work, the Foundation enables the university to enhance its programs, support innovative initiatives, and maintain its properties to provide a conducive environment for learning and research. By channeling contributions towards general program support and other departmental activities, the Foundation facilitates the growth and development of Washington State University, ultimately benefiting students, faculty, and the broader community.
In summary, Washington State University Foundation's impact is instrumental in ensuring the sustainability and success of Washington State University and its regional campuses, contributing to the advancement of education and research in the state of Washington.
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 and advancement fee
Revenue
$8,545,824
Program support
Revenue
$4,891,838
Organization Details
Founding Year
1979
Phone
(509) 335-1686
Principal Officer
Michael C Connell
Main Address
PO Box 641927, Pullman, WA, 991641927
Website
www.foundation.wsu.edu
NTEE Category
Code: B80 - Education
If you are a representative of Washington 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.