Eastern Illinois University Foundation

Organization Overview

Eastern Illinois University Foundation is located in Charleston, IL. The organization was established in 1957. 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. Eastern Illinois 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, Eastern Illinois University Foundation generated $17.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $6.1m during the year ending 06/2022. While expenses have increased by 6.1% 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

TO ENCOURAGE AND PROVIDE PRIVATE SUPPORT FOR EASTERN ILLINOIS UNIVERSITY AND ITS EDUCATIONAL MISSION THROUGH SCHOLARSHIPS AND GRANTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO EASTERN ILLINOIS UNIVERSITY.


SCHOLARSHIPS AWARDED TO EASTERN ILLINOIS UNIVERSITY STUDENTS.


ASSIST IN DEVELOPING AND INCREASING THE FACILITIES OF EASTERN ILLINOIS UNIVERSITY FOR BROADER EDUCATIONAL OPPORTUNITIES FOR ITS STUDENTS, ALUMNI AND CITIZENS OF THE STATE OF ILLINOIS BY ENCOURAGING GIFTS OF MONEY, PROPERTY, WORKS OF ART AND OTHER MATERIALS HAVING EDUCATIONAL, ARTISTIC OR HISTORICAL VALUE.


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Board, Officers & Key Employees

Name (title)Compensation
Jill Nilsen
President
$0
Gordon Grado
Vice President
$0
Dawn Johnson
Treasurer
$0
Kelvin Lane
Secretary
$0
Jonathan Mckenzie
Executive Director
$0
Nancy Murray
Asst Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$48,943
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,899,301
Noncash contributions included in lines 1a–1f $522,106
Total Revenue from Contributions, Gifts, Grants & Similar$6,948,244
Total Program Service Revenue$0
Investment income $4,357,460
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $244,072
Net Gain/Loss on Asset Sales $5,488,397
Net Income from Fundraising Events $22,371
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $17,377,290

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Eastern Illinois University Foundation has recieved totaling $67,023.

Awarding OrganizationAmount
Justus Seaman Irrev Tr Ua M13589003

Decatur, IL

PURPOSE: EDUCATION

$47,045
Residuary Trust Under Will Of H Ogden Brainard Dtd 072590

Charleston, IL

PURPOSE: FOR EDUCATIONAL PURPOSES

$15,628
Foster And Maralee Overcash Scholarship Trust

Canton, IL

PURPOSE: SCHOLARSHIP FOR CANTON HIGH

$3,000
Georgine B Mcdonald Tr

Decatur, IL

PURPOSE: SCHOLARSHIP

$1,350
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$56,186,074
Earnings-$247,159
Net Contributions$3,040,622
Ending Balance$58,979,537

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