Northern Kentucky University Research Foundation Inc
- Assets
- $1.4m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Highland Heights, KY
- Founding
- 02/2006
- Data as of
- 06/2021
- EIN
- 20-1787893
Organization Overview
Northern Kentucky University Research Foundation Inc is located in Highland Heights, KY. The organization was established in 2006. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Kentucky University Research Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Northern Kentucky University Research Foundation Inc generated $2.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.3%) each year. All expenses for the organization totaled $2.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Northern Kentucky University Research Foundation Inc has awarded 24 individual grants totaling $8,732,138. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC SERVICE GRANTS PROVIDED FUNDING FOR A NUMBER OF PROGRAMS INCLUDING: UPDWARD BOUND PROGRAM, EDUCATIONAL TALENT SEARCH, KHEAA COLLEGE COACHES AND FEDERAL COLLEGE COACHES, KENTUCKY COLLEGE COACHES ON CAMPUS AND HOST SITES, VISTA PROGRAM, CHASE COLLEGE OF LAW FELLOWS, MAYERSON PHILANTHROPY PROGRAM, AND EW SCRIPPS PHILANTHROPY AND INTERNSHIP PROGRAMS.
IN THE AREAS OF STUDENT FINANCIAL ASSISTANCE AND STUDENT SERVICES, FUNDING PROVIDED SUPPORT FOR THE FEDERAL EDUCATION PROGRAM, STUDENT SUPPORT SERVICES, FINANCIAL AID PROGRAMS INCLUDING FUNDING FOR PROJECT SOAR STUDENTS, UPWARD BOUND STUDENTS, AND PARTICIPANTS IN TRAINEESHIP IN SPECIAL EDUCATION.
PROGRAM SERVICE ACCOMPLISHMENTS IN THE AREAS OF BASIC AND APPLIED RESEARCH INCLUDED PROJECTS SUCH AS THE NASA FUNDED HELIX PROJECT, STUDY OF COSMIC RAYS AND WORK WITH NASA ON THE INTERNATIONAL SPACE STATION. NATIONAL SCIENCE FOUNDATION SPONSORED RESEARCH INCLUDED A STUDY OF STELLAR COMPANIONS, TIM CONSORTIUM OF MOLECULAR RESEARCH, TECHNOLOGY-CENTERED MATHEMATICAL NOTICING, FSML PLANNING GRANT, HETEROARYLATION OF KETONES, AND SEARCH FOR VERIFIABLE COMPLEX DIFFUSION MECHANISMS.
NONMANDATORY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Michael Hales Treasurer | OfficerTrustee | 1 | $0 |
Ms Mary Ucci Executive Director | OfficerTrustee | 1 | $0 |
Dr Samantha Langley Chair | OfficerTrustee | 1 | $0 |
Mr Dov Rosenberg Secretary | OfficerTrustee | 1 | $0 |
Dr Karen O'connell Vice Chair | OfficerTrustee | 1 | $0 |
Ms Sue Ott Rowlands Director - Term End In Fy | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,704,087 |
| All other contributions, gifts, grants, and similar amounts not included above | $655,338 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,359,425 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,359,425 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,204,427 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,204,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,045,815 |
| Pledges and grants receivable | $293,084 |
| Accounts receivable, net | $78,850 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,363 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,426,112 |
| Accounts payable and accrued expenses | $21,800 |
| Grants payable | $0 |
| Deferred revenue | $303,448 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $325,248 |
| Net assets without donor restrictions | $1,065,936 |
| Net assets with donor restrictions | $34,928 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,426,112 |
Grants Awarded
Over the last fiscal year, Northern Kentucky University Research Foundation Inc has awarded $2,204,427 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHERN KENTUCKY UNIVERSITY PURPOSE: Public Services | $1,559,526 |
NORTHERN KENTUCKY UNIVERSITY PURPOSE: Research | $330,516 |
NORTHERN KENTUCKY UNIVERSITY PURPOSE: Student Services | $183,428 |
NORTHERN KENTUCKY UNIVERSITY PURPOSE: GENERAL - NONMANDATORY | $120,254 |
NORTHERN KENTUCKY UNIVERSITY PURPOSE: ACADEMIC SUPPORT | $10,703 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Northern Kentucky University Research Foundation Inc has recieved totaling $42,250.
| Awarding Organization | Amount |
|---|---|
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: GENERAL PURPOSE | $32,250 |
Papa Johns Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Youngstown State University Foundation Youngstown, OH | $318,269,128 | $38,933,738 |
Ivy Tech Foundation Inc Indianapolis, IN | $133,152,328 | $30,082,278 |
University Of Virginia Investment Management Company Charlottesville, VA | $10,038,884,501 | $457,345,731 |
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
Kent State University Foundation Kent, OH | $245,939,628 | $27,886,498 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
University Of Akron Foundation Akron, OH | $205,506,114 | $14,662,521 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |
Old Dominion University Educational Foundation Norfolk, VA | $390,141,589 | $33,517,872 |
St Louis Charter Schools St Louis, MO | $19,224,709 | $16,300,473 |
Mose And Garrison Siskin Memorial Foundation Inc Chattanooga, TN | $53,806,754 | $11,101,792 |
School Employees Benefit Trust Cincinnati, OH | $16,584,284 | $19,989,967 |