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Eastern Kentucky University Foundation Inc

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

EIN: 611131682 ✦ Richmond, KY ✦ Designated as a 501(c)(3)

Overview

What is Eastern Kentucky University Foundation Inc?

Eastern Kentucky University Foundation Inc, based in Richmond, Kentucky, serves as a crucial supporter for Eastern Kentucky University. Its primary role is to fund academic departments, enabling them to procure necessary equipment, supplies, and resources to boost the educational experience. This philanthropic organization contributes to the university's objectives of education and regional stewardship by raising funds and making long-term investments for this purpose. It operates within the southeastern Kentucky service region, demonstrating a commitment to the university's success and growth.


Official website here: www.development.eku.edu/

Is Eastern Kentucky University Foundation Inc legitimate?

Eastern Kentucky University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern Kentucky University Foundation Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $53,629
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.development.eku.edu/

What is the mission statement of Eastern Kentucky University Foundation Inc?

The Eastern Kentucky University Foundation Inc's mission is centered around providing financial support to Eastern Kentucky University, aiding in the achievement of its educational and regional stewardship goals. This support is primarily achieved through fundraising and long-term investments. The primary objective of the foundation is to help the university accomplish its objectives within its southeastern Kentucky service region. The foundation also funds academic departments, enabling them to purchase necessary equipment, supplies, and resources that enhance the learning environment. This enhancement includes professional development and other materials that further enhance the classroom experience.


Official website here: www.development.eku.edu/

Who is the CEO of Eastern Kentucky University Foundation Inc?

Mr Troy Ellis is the Chair of Eastern Kentucky University Foundation Inc.


Official website here: www.development.eku.edu/

What is the revenue of Eastern Kentucky University Foundation Inc?

Eastern Kentucky University Foundation Inc's revenue in 2022 was $10,890,357.


Official website here: www.development.eku.edu/

Who are the executives of Eastern Kentucky University Foundation Inc and what are their salaries?

Here are 22 key members and their salaries:

    David T Mcfaddin (Eku President) [Trustee/Director]
  • Compensation: $0
  • Related: $490,991
  • Other: $23,520

    • Barry Poynter (Vp Eku/Treasurer)
  • Compensation: $0
  • Related: $221,986
  • Other: $45,970

    • Betina Gardner (Vice President, Univ. Dev.)
  • Compensation: $0
  • Related: $179,293
  • Other: $15,712

    • Martin Cobb (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Page (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lewis Diaz (Board Of Regents Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald Whitaker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Guice (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Wade (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeri Isbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • April Perry (Trustee (Ended 9/30/21))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Mattingly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Ousley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maribeth Berman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Reddick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Click (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Alexander (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Sullivan (International Alumni Representative) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Combs-Wright (Trustee (Ended 9/30/21))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Evans (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Troy Ellis (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzanne P Fawbush (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.development.eku.edu/

    Where can I find the form 990 for Eastern Kentucky University Foundation Inc?

    The Eastern Kentucky University Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.development.eku.edu/

    Learn more at the official website: www.development.eku.edu/

    Mission Statement of Eastern Kentucky University Foundation Inc

    The Eastern Kentucky University Foundation Inc, in its mission, aims to provide financial support to Eastern Kentucky University in achieving its objectives of education and regional stewardship. This nonprofit organization's role is to fundraise and make long-term investments towards this purpose. By doing so, the Foundation assists the university in accomplishing its goals within its southeastern Kentucky service region.

    In detail, the EKU Foundation contributes funding to various academic departments at the university. This support enables the departments to purchase necessary equipment, supplies, facilitate professional development, and acquire other materials that enhance the overall classroom experience. Essentially, the Foundation's mission is geared towards strengthening the university's educational capabilities and contributing to the betterment of its community.

    Impact

    This information is meant to be a general summary of Eastern Kentucky University Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Eastern Kentucky University Foundation Inc's impact is felt through its vital financial support for Eastern Kentucky University in achieving its educational and regional stewardship goals. By raising funds and making long-term investments, the foundation plays a crucial role in advancing the university's core mission. This support enables academic departments to acquire necessary equipment, supplies, and resources for further enhancing the classroom experience. Through its dedication to supporting education and regional stewardship within the southeastern Kentucky service region, the foundation contributes significantly to the growth and success of Eastern Kentucky University.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $4,823,336
  • Program Service Revenue: $30,000
  • Gross Receipts: $12,246,465

    • Assets and Liabilities:
  • Total Assets: $96,787,631
  • Total Liabilities: $21,979,916
  • Net Assets: $74,807,715
  • Programs

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

    ALUMNI EVENTS

    Revenue

    $30,000

    Organization Details

    Founding Year

    1968

    Principal Officer

    Mr Troy Ellis

    Main Address

    521 LANCASTER AVE CPO 15A, RICHMOND, KY, 40475

    NTEE Category

    Code: B110 - Education

    If you are a representative of Eastern Kentucky University Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.