Bowling Green State University Foundation Inc

Organization Overview

Bowling Green State University Foundation Inc is located in Bowling Green, OH. The organization was established in 1956. 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, Bowling Green State University Foundation Inc employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bowling Green State University Foundation Inc 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, Bowling Green State University Foundation Inc generated $28.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $22.0m during the year ending 06/2022. While expenses have increased by 4.8% 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.

Since 2015, Bowling Green State University Foundation Inc has awarded 18 individual grants totaling $71,428,140. 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 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE BOWLING GREEN STATE UNIVERSITY FOUNDATION SUPPORTS BOWLING GREEN STATE UNIVERSITY BY RECEIVING, INVESTING AND STEWARDING PRIVATE GIFTS, AND BY ENCOURAGING PROSPECTIVE DONORS TO GIVE.

Describe the Organization's Program Activity:

PROVIDING SCHOLARSHIPS AND AWARDS IS A CRITICAL PART OF THE BGSU FOUNDATION, INC. IN SUPPORT OF THE BOWLING GREEN STATE UNIVERSITY'S ONGOING COMMITMENT TO ACCESS, AFFORDABILITY AND OPPORTUNITY; SCHOLARSHIPS AND AWARDS ARE GRANTED BASED UPON DEFINED GUIDELINES AND PREREQUISITES.


THE BGSU FOUNDATION, INC. PROVIDES FINANCIAL SUPPORT TO ACADEMIC AND ADMINISTRATIVE DEPARTMENTS OF BOWLING GREEN STATE UNIVERSITY THAT ADVANCE THE STRATEGIC PLAN OF THE UNIVERSITY AND THE UNIVERSITY'S MISSION TO FOSTER ENGAGED CITIZENSHIP, GLOBAL LEADERSHIP AND CAREER PREPAREDNESS.


THE BGSU FOUNDATION, INC. PROVIDES FINANCIAL SUPPORT THAT ALLOWS THE BOWLING GREEN STATE UNIVERSITY TO MOVE FORWARD WITH CAPITAL PROJECTS AND IMPROVEMENTS THAT ENHANCE THE CAMPUS COMMUNITY WITH LEARNING,DISCOVERY AND ENGAGEMENT.


OTHER PROGRAM SERVICES INCLUDE PROVIDING SUPPORT TO UNIVERSITY INSTITUTES AND CENTERS, ATHLETIC AND RECREATIONAL PROGRAMS, AND WBGU-TV, THE BGSU TELEVISION STATION.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Director (term Began 07/01/21)
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ruffalo Noel Levitz Llc
Fundraising Management; Contracted Ended June 2021; Professional Fundraiser;
$163,439
Mercer Investments Llc
Investment Advisor
$360,452
Eab
Advancement Marketing Services
$198,377
Contributor Development Partnership
Wbgu Fundraising & Constituent Management Services & Software
$120,636
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$275,124
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$21,317,673
Noncash contributions included in lines 1a–1f $2,259,498
Total Revenue from Contributions, Gifts, Grants & Similar$21,592,797
Total Program Service Revenue$312,979
Investment income $5,135,751
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,020,607
Net Income from Fundraising Events -$10,897
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $28,051,237

Grants Awarded

Over the last fiscal year, Bowling Green State University Foundation Inc has awarded $8,500,095 in support to 2 organizations.

Grant RecipientAmount

BOWLING GREEN STATE UNIVERSITY

PURPOSE: To support the University's exempt purpose.

$8,380,095

BGSU ALUMNI ASSOCIATION

Org PageRecipient Profile

Bowling Green, OH

PURPOSE: To support the Alumni Association's Exempt purpose.

$120,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Bowling Green State University Foundation Inc has recieved totaling $115,500.

Awarding OrganizationAmount
Albert G And Olive H Schlink Foundation

Sandusky, OH

PURPOSE: EDUCATIONAL

$105,000
Clement O Miniger Memorial Foundation

Toledo, OH

PURPOSE: GENERAL

$5,000
John & Virginia Hankison Foundation

Toledo, OH

PURPOSE: GENERAL PURPOSES

$3,000
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$2,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$199,755,552
Earnings-$14,102,959
Admin Expense$1,600,091
Net Contributions$7,002,896
Other Expense$2,471,846
Grants$3,118,655
Ending Balance$185,464,897

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