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The Ku Endowment Charitable Gift Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200317170 ✦ Lawrence, KS ✦ Designated as a 501(c)(3)

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Overview

What is The Ku Endowment Charitable Gift Fund?

The Ku Endowment Charitable Gift Fund is a philanthropic organization situated in Lawrence, Kansas. Its primary objective is to facilitate charitable giving, allowing donors to support various charitable organizations listed in Schedule A, while simultaneously dedicating at least 25% of their contributions to further the mission of the University of Kansas. This is accomplished through the establishment of charitable remainder unitrusts or donor-advised funds, wherein other eligible 501(c)(3) charities can also benefit. The mission of this fund is to enrich both the University of Kansas and various communities associated with its alumni and supporters, by administering and managing charitable gifts and bequests that align with the charitable objectives of the Kansas University Endowment Association and numerous community foundations nationwide.

Is The Ku Endowment Charitable Gift Fund legitimate?

The Ku Endowment Charitable Gift Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Ku Endowment Charitable Gift Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Ku Endowment Charitable Gift Fund?

The mission of The Ku Endowment Charitable Gift Fund is centered around supporting the charitable organizations listed in Schedule A, Part I. Its primary goal is to reinforce the University and communities that have significantly impacted the lives of KU alumni and benefactors. To accomplish this, the fund receives and manages gifts and bequests, aiming to advance the charitable objectives of the Kansas University Endowment Association and various community foundations across the country. By doing so, donors can contribute to other charities while ensuring that at least a quarter of their charitable contributions align with the mission of the University of Kansas. Donors can establish charitable remainder unitrusts or donor-advised funds, allowing them to support multiple 501(c)(3) charities alongside the Kansas University Endowment Association.

Who is the CEO of The Ku Endowment Charitable Gift Fund?

Unavailable

What is the revenue of The Ku Endowment Charitable Gift Fund?

The Ku Endowment Charitable Gift Fund's revenue in 2022 was $382,607.

Who are the executives of The Ku Endowment Charitable Gift Fund and what are their salaries?

There 3 volunteers at The Ku Endowment Charitable Gift Fund.


Here are 7 key members and their salaries:


Kurt D Watson (Chair (Volunteer))
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Ellis Sims (Secretary (Volunteer))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert D Taylor (Vice Chair (Volunteer))
  • Compensation: $0
  • Related: $0
  • Other: $0
D Jerome Davies (Svp Development)
  • Compensation: $0
  • Related: $295,423
  • Other: $88,176
Dale W Seuferling (President)
  • Compensation: $0
  • Related: $526,257
  • Other: $134,909
James G Clarke (Treasurer)
  • Compensation: $0
  • Related: $341,158
  • Other: $45,243
Stacy Nuss (Assistant Secretary)
  • Compensation: $0
  • Related: $190,892
  • Other: $42,196
Where can I find the form 990 for The Ku Endowment Charitable Gift Fund?

The Ku Endowment Charitable Gift Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Ku Endowment Charitable Gift Fund

The Ku Endowment Charitable Gift Fund, with a mission to strengthen the University and communities that have impacted KU alumni and friends, plays a crucial role in supporting various charitable organizations. This organization receives and manages gifts and bequests, ensuring that at least 25% of these charitable contributions contribute to the objectives of the University of Kansas. Beyond this, donors have the opportunity to establish charitable remainder unitrusts or donor-advised funds, enabling them to benefit other 501(c)(3) charities, in addition to the Kansas University Endowment Association, as part of their philanthropic efforts. By serving as a bridge between donors and their chosen charities, The Ku Endowment Charitable Gift Fund plays a significant role in enhancing the impact of charitable giving and supporting the causes that matter most to its donors.

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Impact




October, 2024

The KU Endowment Charitable Gift Fund significantly enhances philanthropic efforts by enabling donors to support a range of charitable organizations, with a strong emphasis on furthering the mission of the University of Kansas. By allowing at least 25% of contributions to directly benefit the University, the fund creates a sustainable way for alumni and friends to give back, intertwining their support for both local and broader community needs.

Through mechanisms such as charitable remainder unitrusts and donor advised funds, the fund empowers donors to not only make a lasting impact on the University but also to address various social causes and support other 501(c)(3) charities. This dual focus strengthens the communities associated with KU while fostering a culture of giving that resonates across different charitable sectors.

Ultimately, the KU Endowment Charitable Gift Fund serves as a vital link between generous donors and the diverse needs of both the University and the wider community, ensuring that their contributions lead to meaningful change.




This information is meant to be a general summary of The Ku Endowment Charitable Gift Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$382,607 (2022)
Expenses
$3,280 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $382,607
  • Gross Receipts: $382,607

Assets and Liabilities:

  • Total Assets: $6,647,188
  • Total Liabilities: $0
  • Net Assets: $6,647,188

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Organization Details

Founding Year

2003

Main Address

PO Box 928, Lawrence, KS, 660440928

NTEE Category

Code: T11 - Philanthropy

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