Millersville University Foundation

Organization Overview

Millersville University Foundation is located in Millersville, PA. The organization was established in 1968. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Millersville 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 06/2022, Millersville University Foundation generated $6.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $2.1m during the year ending 06/2022. While expenses have increased by 7.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

MILLERSVILLE UNIVERSITY FOUNDATION IS A NON-PROFIT ORGANIZATION OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. THE FOUNDATION MANAGES AND INVESTS FUNDS RECEIVED FROM ALUMNI AND FRIENDS OF MILLERSVILLE UNIVERSITY OF PENNSYLVANIA.

Describe the Organization's Program Activity:

ALL PROGRAMS INCLUDE SCHOLARSHIPS, AWARDS, OR GRANTS FOR STUDENTS OR ORGANIZATIONS OF MILLERSVILLE UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Mr Joseph W Garner
President
$0
Dr Darryl L Landis
Vice President
$0
Ms Suzanne J Walstrum
Treasurer
$0
Dr Kemah Ep Washington
Secretary
$0
Ms A Susannah Boyle
Director
$0
Mr Robert Bailey
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$9,108
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,747,162
Noncash contributions included in lines 1a–1f $626,051
Total Revenue from Contributions, Gifts, Grants & Similar$2,756,270
Total Program Service Revenue$0
Investment income $751,780
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,877,998
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,386,048

Grants Recieved

Over the last fiscal year, we have identified 23 grants that Millersville University Foundation has recieved totaling $366,407.

Awarding OrganizationAmount
Ferree Foundation

Lancaster, PA

PURPOSE: SOAR TO GREATNESS

$100,000
Student Lodging Inc

Millersville, PA

PURPOSE: GENERAL PURPOSE

$75,000
Lancaster Education Foundation

Lancaster, PA

PURPOSE: EDUCATIONAL GRANTS

$50,000
Clark Assoc Charitable Fdn

Lancaster, PA

PURPOSE: SCHOLARSHIPS

$25,000
Willis And Elsie Shenk Foundation

Lancaster, PA

PURPOSE: ELSIE SHENK ENDOWMENT

$25,000
Ww & Lucretia Hafer Scholarship Tuw

Amherst, NY

PURPOSE: SCHOLARSHIP

$18,934
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$56,906,269
Earnings-$6,109,158
Net Contributions$3,222,454
Other Expense$756,004
Grants$1,717,941
Ending Balance$51,545,620

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