Tennessee Technological University Foundation

Organization Overview

Tennessee Technological University Foundation is located in Cookeville, TN. The organization was established in 1978. 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. Tennessee Technological 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, Tennessee Technological University Foundation generated $10.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $6.8m 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

CONTRIBUTE TO THE GENERAL WELFARE OF SOCIETY AND TTU AS A PUBLIC BENEFIT CORPORATION. PROVIDE PRIVATE GIFT SUPPORT FOR ANNUAL AND CAPITAL PURPOSES AND PROMOTE TTU.

Describe the Organization's Program Activity:

PROVIDED FUNDS FOR SCHOLARSHIPS AND SUPPORT OF TENNESSEE TECHNOLOGICAL UNIVERSITY.


MADE PURCHASES, PAID FOR TRAVEL, AND PERFORMED MAINTENANCE ON BEHALF OF TENNESSEE TECHNOLOGICAL UNIVERSITY DEPARTMENTS, PER DONOR REQUESTS.


TRANSFERRED FUNDS TO TENNESSEE TECHNOLOGICAL UNIVERSITY FOR THE SUPPORT OF VARIOUS DEPARTMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Dr Philip Oldham
Co-Chair
$0
Dr Kevin Braswell
Secretary
$0
Dr Claire Stinson
Treasurer
$0
Ottis Phillips
Vice-Chair
$0
David Cooley
Director
$0
Dianne Murphy
Director
$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$6,520,917
Noncash contributions included in lines 1a–1f $979,786
Total Revenue from Contributions, Gifts, Grants & Similar$6,520,917
Total Program Service Revenue$0
Investment income $34,022
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $379,354
Net Gain/Loss on Asset Sales $1,482,741
Net Income from Fundraising Events $146,294
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $208
Miscellaneous Revenue$0
Total Revenue $10,032,492

Grants Awarded

Over the last fiscal year, Tennessee Technological University Foundation has awarded $2,592,082 in support to 2 organizations.

Grant RecipientAmount

TENNESSEE TECHNOLOGICAL UNIVERSITY

PURPOSE: SUPPORT

$2,582,082

LEADERSHIP PUTNAM

Org PageRecipient Profile

Cookeville, TN

PURPOSE: SUPPORT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 21 grants that Tennessee Technological University Foundation has recieved totaling $3,635,029.

Awarding OrganizationAmount
Yarbrough Family Foundation

Franklin, TN

PURPOSE: UNRESTRICTED

$3,000,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$561,350
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$12,544
The Community Foundation For Northern Virginia Inc

Oakton, VA

PURPOSE: SINGLE ORGANIZATION SUPPORT

$9,000
Hudson Family Charitable Foundation

Nashville, TN

PURPOSE: GENERAL FUND

$9,000
Ingram-White Castle Foundation

Columbus, OH

PURPOSE: EDUCATION

$6,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$64,321,600
Earnings$21,452,499
Net Contributions$2,422,043
Other Expense$1,032,908
Grants$1,698,913
Ending Balance$85,464,321

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