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Missouri State University Foundation

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

EIN: 431234200 ✦ Springfield, MO ✦ Designated as a 501(c)(3)

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Overview

What is Missouri State University Foundation?

The Missouri State University Foundation is a nonprofit organization based in Springfield, Missouri, with a mission to support Missouri State University (MSU) through fundraising campaigns and special events. By managing and distributing the resources obtained, they contribute to the university's instruction and academic programs, student services, broadcast services, capital projects, and the Great Southern Bank Arena, as well as providing general institutional support.


Official website here: www.missouristatefoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100% (Four-Star out of Four Star rating) from Charity Navigator

The Missouri State University Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a perfect score of 100% in Accountability & Finance. This score signifies a high level of financial integrity and transparency, which is vital for donor trust. The Foundation's commitment to ethical governance is evidenced by having an entirely independent board and robust policies in place.

Strengths of the organization include excellent management of funds, as indicated by a program expense ratio of 96.51%, meaning that the vast majority of its expenses are directed towards its programs. Additionally, the Foundation demonstrates exceptional fundraising efficiency with a minimal cost of $0.02 to raise a dollar, showcasing effective resource allocation that benefits its mission.

Despite these strengths, it is important for potential donors to consider ongoing engagement with the Foundation to stay informed on its activities and impact. Overall, the Missouri State University Foundation exemplifies a model of accountability and financial health in the nonprofit sector, making it a trustworthy option for contributions.


This AI summary has been generated from information found on Charity Navigator.

Is Missouri State University Foundation legitimate?

Missouri State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Missouri State University Foundation 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: $197,205
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,162,943

For more financial information, click here


Official website here: www.missouristatefoundation.org

What is the mission statement of Missouri State University Foundation?

The Missouri State University Foundation functions to promote giving and manages resources obtained through fundraising campaigns and events. Their mission is to support Missouri State University (MSU) by seeking, receiving, managing, and distributing funds appropriately for instruction, research, and public service programs. The organization provides essential resources for various academic initiatives, student services, broadcast services, capital projects, and the Great Southern Bank Arena, along with general institutional support.


Official website here: www.missouristatefoundation.org

Who is the CEO of Missouri State University Foundation?

Stephen Foucart is the Executive Director of Missouri State University Foundation.


Official website here: www.missouristatefoundation.org

What is the revenue of Missouri State University Foundation?

Missouri State University Foundation's revenue in 2022 was $43,988,048.


Official website here: www.missouristatefoundation.org

Who are the executives of Missouri State University Foundation and what are their salaries?

The average compensation at Missouri State University Foundation during 2022 was $34,287. There are 98 employees and 250 volunteers at Missouri State University Foundation.


Here are 13 key members and their salaries:


W Brent Dunn (Executive Director)
  • Compensation: $97,974
  • Related: $65,316
  • Other: $58,825
Stephen C Foucart (Treasurer)
  • Compensation: $25,647
  • Related: $145,332
  • Other: $47,350
Cindy R Busby (Secretary)
  • Compensation: $23,567
  • Related: $43,767
  • Other: $21,773
Tim Foote (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Wilson (Trust End/Chair Elect Beg 1/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert A Foster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen L Horny (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mcqueary (Chair Elect End/Chair Beg 1/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnalie O Campbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John D Foster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary H Schrag (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Jenkins (Trustee Beg 1/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Carmichael (Chair End 1/22)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.missouristatefoundation.org

Where can I find the form 990 for Missouri State University Foundation?

Missouri State University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.missouristatefoundation.org

Learn more at the official website: www.missouristatefoundation.org

Mission Statement of Missouri State University Foundation

The Missouri State University Foundation plays a vital role in supporting Missouri State University (MSU) by managing and distributing resources obtained through fundraising campaigns and events. With a mission to create an environment that encourages giving, this organization actively seeks, receives, manages, and distributes resources appropriately to support the university's programs of instruction, research, and public service.

Missouri State University Foundation's primary function is to back MSU in various ways. It provides essential support for academic programs and student services, enabling the institution to offer high-quality education and resources to its student body. Additionally, it contributes to broadcast services, capital projects, and the Great Southern Bank Arena, enhancing the overall infrastructure and experience for the university community. Furthermore, the organization extends its support to institution-wide initiatives.

In summary, the Missouri State University Foundation is an essential partner in advancing the mission of Missouri State University. By engaging in fundraising campaigns and special events, it generates resources that are allocated to various aspects of the university, contributing to the success and growth of Missouri State University.

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Impact




October, 2024

The Missouri State University Foundation significantly enhances the educational landscape at Missouri State University (MSU) by managing and distributing resources from fundraising efforts. Through its fundraising campaigns and special events, the Foundation provides essential support for a wide range of initiatives, including instruction and academic programs, student services, broadcast services, and capital projects.

By investing in these areas, the Foundation plays a crucial role in fostering an environment conducive to academic excellence and innovation. It also contributes to the maintenance and enhancement of facilities such as the Great Southern Bank Arena, thereby enriching the university experience for both students and the community. Overall, the foundation's work ensures that resources are allocated effectively to support MSU's mission of instruction, research, and public service.




This information is meant to be a general summary of Missouri State University Foundation. 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
$43,988,048 (2022)
Expenses
$31,865,873 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,950,958
  • Program Service Revenue: $5,058,115
  • Gross Receipts: $315,409,315

Assets and Liabilities:

  • Total Assets: $181,048,286
  • Total Liabilities: $2,363,311
  • Net Assets: $178,684,975

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PERSONNEL PAID BY AFFILIATE

Revenue

$3,080,591

MISCELLANEOUS

Revenue

$1,977,524

Organization Details

Founding Year

1981

Principal Officer

Stephen Foucart

Main Address

901 S NATIONAL, SPRINGFIELD, MO, 65897

NTEE Category

Code: B110 - Education

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