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Troy University Foundation

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

EIN: 636067755 ✦ Troy state university, AL ✦ Designated as a 501(c)(3)

Overview

What is Troy University Foundation?

The Troy University Foundation is a nonprofit organization situated at Adams Administration Bldg 241, Troy State University, Alabama, with a ZIP code 36082. Their primary mission is to support Troy University by building its endowment and ensuring reliable resources for the future. They accomplish this through a coordinated donor program and sound investment policy. This assistance extends to various aspects of the university, including academics, the library, faculty, staff, students, and alumni, benefiting approximately 15,000 students and 100,000 alumni.


Official website here: www.troy.edu/development/foundation

Is Troy University Foundation legitimate?

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

Here 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


Official website here: www.troy.edu/development/foundation

What is the mission statement of Troy University Foundation?

The Troy University Foundation works to aid Troy University in strengthening its endowment via a well-structured donor program and sound investment strategy. By doing so, they ensure a steady flow of resources for the future. This support is extended to various aspects of the university, including academics, the library, faculty, staff, alumni, and student programs, benefiting approximately 15,000 students and 100,000 alumni.


Official website here: www.troy.edu/development/foundation

Who is the CEO of Troy University Foundation?

Dr James Bookout is the Emeritus of Troy University Foundation.


Official website here: www.troy.edu/development/foundation

What is the revenue of Troy University Foundation?

Troy University Foundation's revenue in 2022 was $14,891,109.


Official website here: www.troy.edu/development/foundation

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

Here are 22 key members and their salaries:

    Dr James R Andrews (Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr James Bookout Jr (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Carter (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Coleman (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roy Drinkard (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John R Ferguson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Jack Hawkins Jr (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roni Holley (Alumni Board President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Horace Horn Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Hughes (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Earl Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Manley Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Billy Jones (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Kervin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Mallach (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Mims (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randall Moore (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claudence Nichols (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lewis Rushing (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr John Schmidt (Executive Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Greg Knedler (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Harrel Mckinney (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.troy.edu/development/foundation

    Where can I find the form 990 for Troy University Foundation?

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


    Official website here: www.troy.edu/development/foundation

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

    Mission Statement of Troy University Foundation

    The Troy University Foundation plays a crucial role in supporting Troy University by building its endowment through a well-coordinated donor program and implementing a sound investment policy. This mission ensures that the university has reliable resources for the future, enabling it to continue its academic endeavors and provide for its students, faculty, staff, and alumni. With approximately 15,000 students and 100,000 alumni, Troy University relies on the foundation's assistance to maintain and expand its programs.

    The Troy University Foundation is dedicated to helping Troy University thrive by providing essential resources for its students, faculty, staff, and alumni. By carefully managing its donor program and investment policy, the foundation ensures that Troy University has the financial stability it needs to excel in its educational pursuits. The support provided by the foundation touches all aspects of university life, from academics and the library to faculty, staff, and student programs. Through its unwavering commitment to Troy University, the foundation is instrumental in fostering a vibrant and thriving academic community.

    Impact

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




    Thursday, August 15, 2024

    The Troy University Foundation has a significant impact on supporting Troy University students, faculty, staff, and alumni. By providing support for academics, the library, faculty, staff, and student programs for approximately 15,000 students and 100,000 alumni, the foundation plays a crucial role in enhancing the overall educational experience at Troy University. Through its coordinated donor program and sound investment policy, the foundation assists Troy University in building its endowment, ensuring reliable resources for the future. This support helps contribute to the success and growth of the university, making a lasting impact on the education sector.





    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: $3,163,671
  • Program Service Revenue: $0
  • Gross Receipts: $16,941,775

    • Assets and Liabilities:
  • Total Assets: $216,795,680
  • Total Liabilities: $111,472,772
  • Net Assets: $105,322,908
  • Organization Details

    Founding Year

    1968

    Principal Officer

    Dr James Bookout

    Main Address

    ADAMS ADMINISTRATION BLDG 241, TROY STATE UNIVERSITY, AL, 36082

    NTEE Category

    Code: B43I - Education

    If you are a representative of Troy University Foundation 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.