Indiana State University Foundation Inc

Organization Overview

Indiana State University Foundation Inc, operating under the name Indiana State University Foundation, is located in Terre Haute, IN. The organization was established in 1938. 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 06/2021, Indiana State University Foundation employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Indiana 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, Indiana State University Foundation generated $29.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $5.9m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION INSPIRES OTHERS TO BECOME INVOLVED IN THE LIFE OF INDIANA STATE UNIVERSITY AND SECURES THE SOURCES TO ENSURE THE UNIVERSITY'S GROWTH AND SUCCESS.

Describe the Organization's Program Activity:

RESTRICTED AND DESIGNATED EXPENDITURES - GIFTS RECEIVED FOR SPECIFIED PURPOSES AND EXPENDED FOR THESE PURPOSES WHICH PROVIDE SUPPORT TO EDUCATIONAL AND ATHLETIC PROGRAMS INCLUDING COLLEGE OF TECHNOLOGY, COLLEGE OF ARTS AND SCIENCES, COLLEGE OF BUSINESS, COLLEGE OF EDUCATION, AND COLLEGE OF HEALTH AND HUMAN SERVICES. SERVICES.


PROVIDED 1,096 SCHOLARSHIPS AND AWARDS TO 942 INDIANA STATE UNIVERSITY STUDENTS.


ALUMNI ASSOCIATION PROVIDES OUTREACH AND EVENTS WHICH ENCOURAGE FORMER ISU STUDENTS TO REMAIN INVOLVED WITH ISU.


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Board, Officers & Key Employees

Name (title)Compensation
Andrea Angel
CEO
$0
Donald Dudine
Chair
$0
Mary Mcguire
Treasurer
$0
Jo Einstandig
Secretary
$0
Richard R Porter
Vice Chair
$0
Jessica Zhang
Controller
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,485,413
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$16,672,788
Noncash contributions included in lines 1a–1f $8,257,089
Total Revenue from Contributions, Gifts, Grants & Similar$18,158,201
Total Program Service Revenue$338,935
Investment income $1,594,068
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $9,906,861
Net Income from Fundraising Events -$96,316
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $29,901,749

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Indiana State University Foundation Inc has recieved totaling $3,000.

Awarding OrganizationAmount
Spiro B & Patricia Culver Mitsos Foundation Inc

Columbia, TN

PURPOSE: UNRESTRICTED DONATION

$3,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$63,269,952
Earnings$14,703,933
Admin Expense$1,092,041
Net Contributions$3,761,678
Grants$1,522,261
Ending Balance$79,121,261

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