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Osu-Lew Wentz Foundation

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

EIN: 730590516 ✦ Wickenburg, AZ ✦ Designated as a 501(c)(3)

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Overview

What is Osu-Lew Wentz Foundation?

The Osu-Lew Wentz Foundation, located in Wickenburg, Arizona, is a dedicated nonprofit organization. Their primary mission is to offer financial aid to Oklahoma State University and its students through various means such as grants and scholarships. The foundation provides substantial support, with scholarships totaling $45,000 for music, $148,000 for honors, $60,000 for the OSU Institute of Technology, $16,000 for Ponca City, and $180,000 for academic research projects at OSU. Additionally, the foundation offers $30,000 for OSU-OKC, $25,000 in unrestricted funds, and $269,000 through the OSU Wentz General Scholarships. In essence, the Osu-Lew Wentz Foundation aims to alleviate financial burdens for students attending Oklahoma State University, enabling them to focus on their academic pursuits.

Is Osu-Lew Wentz Foundation legitimate?

Osu-Lew Wentz Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Osu-Lew Wentz 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: $60,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Osu-Lew Wentz Foundation?

The Osu-Lew Wentz Foundation is committed to providing financial assistance to Oklahoma State University and its students. This is achieved through various means such as grants and scholarships. The foundation has allocated funds for specific scholarships like the Music Scholarships, Honors Scholarship, OSU Institute of Technology Scholarship, Ponca City Scholarships, and OSU-OKC scholarships. Additionally, the foundation supports academic research projects at the university with a substantial budget, and has set aside an amount for unrestricted grants and general scholarships.

Who is the CEO of Osu-Lew Wentz Foundation?

Kayse Shrum is the Trustee of Osu-Lew Wentz Foundation.

What is the revenue of Osu-Lew Wentz Foundation?

Osu-Lew Wentz Foundation's revenue in 2023 was $617,694.

Who are the executives of Osu-Lew Wentz Foundation and what are their salaries?


Here are 5 key members and their salaries:


Patricia T Houston Prawl (Administrator)
  • Compensation: $60,000
  • Related: $0
  • Other: $0
Kayse Shrum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Orbison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Muchmore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Kimes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Osu-Lew Wentz Foundation?

Osu-Lew Wentz Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Osu-Lew Wentz Foundation

The Osu-Lew Wentz Foundation is a philanthropic organization with a mission to extend financial aid to Oklahoma State University and its students. This is achieved through various means, such as grants and scholarships. The foundation's mission is to provide substantial financial assistance, supporting the educational pursuits of students attending Oklahoma State University. This aid extends to areas like music scholarships, honors scholarships, scholarships for the Oklahoma State University Institute of Technology, Ponca City scholarships, academic research projects, and OSU-OKC. Moreover, the foundation also offers the Wentz Unrestricted scholarship and the OSU Wentz General Scholarships, demonstrating their commitment to supporting a wide range of students and academic endeavors at the university.

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Impact




October, 2024

The Osu-Lew Wentz Foundation significantly impacts Oklahoma State University and its student body through substantial financial assistance initiatives. With a commitment to education, the foundation provides various scholarships totaling over $680,000, which includes music scholarships, honors scholarships, and general scholarships for students.

In addition to these, the foundation also supports specialized academic programs such as research projects and specific scholarships for institutions like the OSU Institute of Technology and OSU-Oklahoma City, ensuring a diverse range of opportunities for students. This financial support not only alleviates the burden of educational costs but also fosters excellence and encourages academic pursuits among students, enhancing the overall educational landscape at Oklahoma State University.




This information is meant to be a general summary of Osu-Lew Wentz 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
$617,694 (2023)
Expenses
$901,847 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $636,500
  • Gross Receipts: $3,673,987

Assets and Liabilities:

  • Total Assets: $18,635,898
  • Total Liabilities: $13,376
  • Net Assets: $18,622,522

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Organization Details

Founding Year

1926

Principal Officer

Kayse Shrum

Main Address

35065 S TURTLE CREEK ROAD, WICKENBURG, AZ, 85390

NTEE Category

Code: B82Z - Education

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