Millersville University Foundation

Organization Overview

Millersville University Foundation is located in Millersville, PA. The organization was established in 1968. According to its NTEE Classification (B43) the organization is classified as: Universities, 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. Millersville University Foundation 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 06/2023, Millersville University Foundation generated $2.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $1.9m during the year ending 06/2023. While expenses have increased by 4.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

MILLERSVILLE UNIVERSITY FOUNDATION IS A NON-PROFIT ORGANIZATION OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. THE FOUNDATION MANAGES AND INVESTS FUNDS RECEIVED FROM ALUMNI AND FRIENDS OF MILLERSVILLE UNIVERSITY OF PENNSYLVANIA.

Describe the Organization's Program Activity:

ALL PROGRAMS INCLUDE SCHOLARSHIPS, AWARDS, OR GRANTS FOR STUDENTS OR ORGANIZATIONS OF MILLERSVILLE UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Mr Joseph W Garner
President
$0
Dr Darryl L Landis
Vice President
$0
Ms Suzanne J Walstrum
Treasurer
$0
Dr Kemah Ep Washington
Secretary
$0
Mr Da Abrams
Director (joined 1/1/23)
$0
Ms A Susannah Boyle
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$8,616
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$813,557
Noncash contributions included in lines 1a–1f $88,719
Total Revenue from Contributions, Gifts, Grants & Similar$822,173
Total Program Service Revenue$0
Investment income $1,047,250
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $546,653
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,567,203

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