Central State University Foundation

Organization Overview

Central State University Foundation is located in Dayton, OH. The organization was established in 1987. 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. Central 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 06/2021, Central State University Foundation generated $4.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $3.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE EDUCATIONAL UNDERTAKINGS OF CENTRAL STATE UNIVERSITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

RENTAL OF STUDENT ACCOMODATIONS


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Board, Officers & Key Employees

Name (title)Compensation
Dr Veronica Watkins
Executive Director
$92,456
Kimberly Brooks
Vice-President
$0
Alvin Tucker
Treasurer
$0
Dr Deborah Perkins
President
$0
Vernon Ford
Secretary
$0
Dr Derek Anderson
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$502,434
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$502,434
Total Program Service Revenue$2,979,303
Investment income $827,001
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,308,738

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Central State University Foundation has recieved totaling $31,253.

Awarding OrganizationAmount
Trehan Foundation Inc

Mclean, VA

PURPOSE: GENERAL FUND

$20,000
Tom Joyner Foundation Inc

Dallas, TX

PURPOSE: EDUCATION SCHOLARSHIP

$6,253
$3,000
Grip Outreach For Youth

Chicago, IL

PURPOSE: SCHOLARSHIP FOR ROBERT ALLEN

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,951,991
Earnings$820,630
Admin Expense$26,376
Net Contributions$8,783
Ending Balance$4,755,028

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