West Chester University Foundation

Organization Overview

West Chester University Foundation is located in West Chester, PA. The organization was established in 2000. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, West Chester University Foundation employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Chester University Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, West Chester University Foundation generated $11.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $7.4m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, West Chester University Foundation has awarded 32 individual grants totaling $20,476,149. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE THE CHARITABLE, SCIENTIFIC, AND EDUCATIONAL INTERESTS OF WEST CHESTER UNIVERSITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION'S PROGRAM SERVICE ACCOMPLISHMENTS DURING FISCAL YEAR JUNE 30, 2022 WERE:THE FOUNDATION RAISED OVER $12 MILLION IN CONTRIBUTIONS FOR WEST CHESTER UNIVERSITY:- OVER $1 MILLION OF THE $12 MILLION RAISED WAS DIRECTED TO ENDOWMENTS FOR THE BENEFIT OF FUTURE STUDENT SCHOLARSHIPS AND FUTURE SUPPORT FOR UNIVERSITY PROGRAMS AND ACTIVITIES. $1.35 MILLION IN SCHOLARSHIPS WERE AWARDED TO NEARLY 1,000 STUDENTS BASED ON CRITERIA DETERMINED BY DONORS. MANY OF THE SCHOLARSHIP RECIPIENTS COULD NOT EXPERIENCE THE OPPORTUNITIES AND BENEFITS OF A HIGH QUALITY WEST CHESTER UNIVERSITY EDUCATION WITHOUT THESE SCHOLARSHIPS.- FUNDS RAISED ALSO BENEFITED PROGRAMS AND ACTIVITIES SUCH AS ACADEMIC AND CULTURAL PROGRAMS, ATHLETIC PROGRAMS, JOINT UNDERGRADUATE STUDENT AND FACULTY RESEARCH, STUDENT AND FACULTY CONFERENCE ATTENDANCE, STUDENT PARTICIPATION IN NATIONAL TOURNAMENTS, PROFESSIONAL DEVELOPMENT, AND OTHER STUDENT SERVICES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Baker Tilly Us Llp
Accounting Services
$187,857
Blackbaud
Website Management
$104,793
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$88,151
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$7,882,375
Noncash contributions included in lines 1a–1f $357,780
Total Revenue from Contributions, Gifts, Grants & Similar$7,970,526
Total Program Service Revenue$1,624,363
Investment income $1,130,910
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$1,256
Net Gain/Loss on Asset Sales $688,892
Net Income from Fundraising Events $29,847
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,478,088

Grants Awarded

Over the last fiscal year, West Chester University Foundation has awarded $2,908,653 in support to 3 organizations.

Grant RecipientAmount

WEST CHESTER UNIVERSITY OF PENNSYLVANIA

PURPOSE: TO PROMOTE THE VARIOUS EXEMPT PURPOSES OF WEST CHESTER UNIVERSITY

$2,746,448

WEST CHESTER UNIVERSITY STUDENT SERVICES INC

Org PageRecipient Profile

West Chester, PA

PURPOSE: TO PROMOTE THE VARIOUS EXEMPT PURPOSES OF STUDENT SERVICES, INC.

$138,479

WEST CHESTER UNIVERSITY ALUMNI ASSOCIATION

Org PageRecipient Profile

West Chester, PA

PURPOSE: TO PROMOTE THE VARIOUS EXEMPT PURPOSES OF WEST CHESTER UNIVERSITY ALUMNI ASSOCIATION

$23,726
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that West Chester University Foundation has recieved totaling $6,000.

Awarding OrganizationAmount
Smith Foundation

Downingtown, PA

PURPOSE: SUPPORT TWO SCHOLARSHIP AWARDS

$6,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$29,684,985
Earnings-$3,564,911
Net Contributions$1,244,281
Other Expense$803,179
Grants$468,978
Ending Balance$26,092,198

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