Ksu Charitable Real Estate Foundation
- Assets
- $57.1m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Manhattan, KS
- Founding
- 11/2011
- Data as of
- 06/2022
- EIN
- 45-3417512
Organization Overview
Ksu Charitable Real Estate Foundation is located in Manhattan, KS. The organization was established in 2011. 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. Ksu Charitable Real Estate 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, Ksu Charitable Real Estate Foundation generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $2.4m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ACCEPTING, HOLDING, AND MANAGING REAL PROPERTY FOR KANSAS STATE UNIVERSITY FOUNDATION.
Describe the Organization's Program Activity:
ACCEPTING, HOLDING, AND MANAGING REAL PROPERTY FOR KANSAS STATE UNIVERSITY FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Everett Chairman Board Of Directors | OfficerTrustee | 1 | $0 |
Tim Taylor Vice Chair Board Of Directors | OfficerTrustee | 1 | $0 |
Larry D Fox President/ceo | Officer | 40 | $0 |
Deb Tuttle Secretary/treasurer | Officer | 5 | $0 |
Kelly Lechtenberg Member Bod | Trustee | 1 | $0 |
Steve Theede Member Bod | Trustee | 1 | $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 | $2,930,020 |
| Noncash contributions included in lines 1a–1f | $2,930,020 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,930,020 |
| Total Program Service Revenue | $57,329 |
| Investment income | $380,486 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $17,004 |
| Net Rental Income | -$271,923 |
| Net Gain/Loss on Asset Sales | -$458,588 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,683,508 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,049,083 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Fees for services: Legal | $2,260 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $236,158 |
| Advertising and promotion | $974 |
| Office expenses | $3,491 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,220 |
| Travel | $2,056 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $535 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $64,556 |
| Total functional expenses | $2,388,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,163,864 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $270,088 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,374,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $35,337,587 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,900 |
| Total assets | $57,147,439 |
| Accounts payable and accrued expenses | $2,478,818 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $9,815,104 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $256,479 |
| Unsecured mortgages and notes payable | $10,422,085 |
| Other liabilities | $0 |
| Total liabilities | $22,972,486 |
| Net assets without donor restrictions | $11,919,756 |
| Net assets with donor restrictions | $22,255,197 |
| 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 | $57,147,439 |
Grants Awarded
Over the last fiscal year, Ksu Charitable Real Estate Foundation has awarded $3,593,832 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Manhattan, KS PURPOSE: SUPPORT | $2,957,797 |
Manhattan, KS PURPOSE: SUPPORT | $636,035 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
St Louis Charter Schools St Louis, MO | $19,224,709 | $16,300,473 |
Washburn University Foundation Topeka, KS | $212,049,839 | $17,810,833 |
Linda Hall Library Trust Kansas City, MO | $201,287,634 | $7,552,380 |
Fort Hays State University Foundation Hays, KS | $117,134,366 | $18,921,024 |
University Of Northern Colorado Foundation Inc Greeley, CO | $134,921,327 | $19,470,249 |
Private Education-Employers Trust St Louis, MO | $386,613 | $11,502,248 |
Emporia State University Foundation Emporia, KS | $139,579,484 | $15,768,413 |
Colorado Mesa University Foundation Grand Junciton, CO | $51,533,089 | $12,141,497 |
Dsst Public Schools Foundation Denver, CO | $32,542,761 | $13,664,687 |
Colorado State University-Pueblo Foundation Pueblo, CO | $68,008,177 | $8,127,637 |
Pittsburg State University Foundation Inc Pittsburg, KS | $127,952,768 | $13,650,196 |