Middle Tennessee State University Foundation

Organization Overview

Middle Tennessee State University Foundation is located in Murfreesboro, TN. The organization was established in 1963. 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. Middle Tennessee 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 06/2022, Middle Tennessee State University Foundation generated $16.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $11.1m during the year ending 06/2022. 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

FUNDRAISING FOR EDUCATIONAL AND RELATED SUPPORT OF MIDDLE TENNESSEE STATE UNIVERSITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

FOR THE FISCAL YEAR ENDED JUNE 30 2022 THE FOUNDATION RAISED 22,873,924 IN CONTRIBUTIONS AND DISBURSED 7,912,632 IN PROGRAM EXPENSES INCLUDING 2,778,552 FOR SCHOLARSHIPS AND AWARDS.


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Board, Officers & Key Employees

Name (title)Compensation
Kent Ayers
President
$0
Ronald Roberts
Vice-President
$0
Brian F Kidd
Treasurer
$0
Sonya Leeman
Secretary
$0
William J Bales
Executive Director
$0
Michael Smith
Trustee
$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$22,873,924
Noncash contributions included in lines 1a–1f $3,671,325
Total Revenue from Contributions, Gifts, Grants & Similar$22,873,924
Total Program Service Revenue$0
Investment income $89,697
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $15,675
Net Gain/Loss on Asset Sales $78,534
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,471,509

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Middle Tennessee State University Foundation has recieved totaling $2,000.

Awarding OrganizationAmount
Sumpter Yeaman Charitable Foundation

Nashville, TN

PURPOSE: TYLER SCHULTZ MEMORIAL SCHOLARSHIP

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$89,701,789
Earnings-$6,460,596
Admin Expense$893,608
Net Contributions$3,443,429
Other Expense-$321,194
Grants$3,058,121
Ending Balance$83,054,087

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