Governors State University Foundation

Organization Overview

Governors State University Foundation is located in University Park, IL. The organization was established in 1969. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Governors State 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, Governors State University Foundation generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. While expenses have increased by 12.3% 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 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT FOR GOVERNORS STATE UNIVERSITY AND ITS STUDENT BODY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

UNIVERSITY SUPPORT - GOVERNORS STATE UNIVERSITY FOUNDATION RAISES FUNDS IN ORDER TO SUPPORT VARIOUS ACTIVITIES OF GOVVERNORS STATE UNIVERSITY.


SCHOLARSHIPS - GOVERNORS STATE UNIVERSITY FOUNDATION THROUGH ITS FUNDRAISING EFFORTS RECOGNIZES ACADEMIC EXCELLENCE AND AWARDS DESERVING STUDENTS IN PURSUIT OF A DEGREE AT GOVERNORS STATE UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Carney Barr
President
$0
Paul Labonne
Vice President
$0
Michelle Redd-Newell
Treasurer
$0
David Barr
Secretary
$0
Hank Johnson
Officer
$0
Dr Cheryl Green
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$76,878
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$975,095
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,051,973
Total Program Service Revenue$344,591
Investment income $113,040
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $274,279
Net Income from Fundraising Events -$44,381
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,752,710

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Governors State University Foundation has recieved totaling $22,258.

Awarding OrganizationAmount
Partnership For College Completion

Chicago, IL

PURPOSE: Granted to participating institutions of the Illinois Equity in Attainment Initiative to advance an equity effort on campus.

$12,000
Frontstream Global Fund

Alexandria, VA

PURPOSE: Use by the organization's general fund

$6,508
Culvers Vip Foundation Inc

Prairie Du Sac, WI

PURPOSE: SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL

$3,250
Maurice Foundation

Cedar Rapids, IA

PURPOSE: CENTER FOR PERFORMING ARTS - RALPH MEDHURST FUND

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,867,314
Net Contributions$496,149
Ending Balance$3,363,463

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