Stout University Foundation Inc
- Assets
- $74.9m
- Revenue
- $8.6m
- Investments
- $2.3m
- Employees
- 0
- Location
- Menomonie, WI
- Founding
- 08/1969
- Data as of
- 06/2022
- EIN
- 39-6088094
Organization Overview
Stout University Foundation Inc is located in Menomonie, WI. 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. Stout 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, Stout University Foundation Inc generated $8.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $3.9m during the year ending 06/2022. While expenses have increased by 2.8% 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, Stout University Foundation Inc has awarded 14 individual grants totaling $10,310,370. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE STOUT UNIVERSITY FOUNDATION, INC. CULTIVATES RELATIONSHIPS BETWEEN UW-STOUT AND ITS VARIOUS CONSTITUENCIES FOR THEIR MUTUAL BENEFIT. IT SUPPORTS THE MISSION AND GOALS OF UW-STOUT THROUGH THE ACQUISITION AND STEWARDSHIP OF RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDS PROVIDED TO UW-STOUT TO FUND A CHAIR, ACADEMIC CENTERS, AND VARIOUS OTHER PROJECTS FOR PROGRAMS AND DEPARTMENTS AT UW-STOUT.
SCHOLARSHIPS WERE AWARDED TO 541 UNIVERSITY OF WISCONSIN-STOUT STUDENTS.
FUNDS PROVIDED TO THE STOUT ALUMNI ASSOCIATION TO ADVANCE THE INTEREST AND EFFECTIVENESS OF THE UNIVERSITY OF WISCONSIN-STOUT AND STRENGTHEN THE TIES BETWEEN ALUMNI AND THE UNIVERSITY OF WISCONSIN-STOUT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Polzin President | OfficerTrustee | 2 | $0 |
Gregory Else Treasurer | OfficerTrustee | 1 | $0 |
Steve Hoisington Vice President | OfficerTrustee | 1 | $0 |
Mary Van Hout Secretary | OfficerTrustee | 1 | $0 |
William Johnson Executive Director | Officer | 10 | $0 |
David Wiensch Associate Director (thru September) | Officer | 40 | $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 | $5,705,348 |
| Noncash contributions included in lines 1a–1f | $1,203,764 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,705,348 |
| Total Program Service Revenue | $0 |
| Investment income | $1,652,673 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $11,251 |
| Net Rental Income | $1,800 |
| Net Gain/Loss on Asset Sales | $1,238,976 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,631,976 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,715,607 |
| Grants and other assistance to domestic individuals. | $971,060 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $879,833 |
| Fees for services: Legal | $50,180 |
| Fees for services: Accounting | $14,865 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $127,971 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27,321 |
| Office expenses | $30,021 |
| Information technology | $87,152 |
| Royalties | $0 |
| Occupancy | $1,770 |
| Travel | $15,522 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,421 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,312 |
| All other expenses | $1,786 |
| Total functional expenses | $3,946,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,210 |
| Savings and temporary cash investments | $98,417 |
| Pledges and grants receivable | $1,946,939 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $65,434 |
| Net Land, buildings, and equipment | $205,690 |
| Investments—publicly traded securities | $69,908,750 |
| Investments—other securities | $2,298,154 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $305,474 |
| Total assets | $74,857,068 |
| Accounts payable and accrued expenses | $372,090 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $474,535 |
| Total liabilities | $846,625 |
| Net assets without donor restrictions | $8,318,239 |
| Net assets with donor restrictions | $65,692,204 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $74,857,068 |
Grants Awarded
Over the last fiscal year, Stout University Foundation Inc has awarded $1,715,607 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WISCONSIN - STOUT PURPOSE: ASSISTANCE PROVIDED TO THE UNIVERSITY OF WISCONSIN-STOUT, WHICH IS THE REASON FOR THE FOUNDATION'S EXISTENCE. | $1,572,388 |
PURPOSE: ADVANCE THE INTEREST AND EFFECTIVENESS OF UW STOUT AND STRENGTHEN TIES BETWEEN ALUMNI AND THE UNIVERSITY OF WI STOUT. | $143,219 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Stout University Foundation Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Clarence Talen Charitable Trust First Bank And Trust Ttee Eau Claire, WI PURPOSE: GENERAL OPERATIONS | $500 |
Endowment Analysis
| Beg. Balance | $61,114,356 |
| Earnings | -$8,530,732 |
| Admin Expense | $1,077,418 |
| Net Contributions | $4,390,220 |
| Other Expense | $384,348 |
| Grants | $444,626 |
| Ending Balance | $55,067,452 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Michigan State University Foundation East Lansing, MI | $535,425,307 | $55,850,938 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |
University Research Park Inc Madison, WI | $162,117,796 | $19,527,506 |
Eastern Michigan University Foundation Ypsilanti, MI | $82,145,619 | $14,420,618 |
Michigan Tech Fund Houghton, MI | $217,061,508 | $42,674,434 |
Northern Illinois University Foundation Dekalb, IL | $169,106,712 | $31,131,654 |
Grand Rapids Community College Foundation Grand Rapids, MI | $37,079,013 | $9,829,978 |
Christian Schools International Insurance Plan And Trust Fund Grandville, MI | $5,188,497 | $9,699,281 |
Saginaw Valley State University Foundation University Center, MI | $94,804,323 | $8,609,845 |