East Central University Foundation Inc

Organization Overview

East Central University Foundation Inc is located in Ada, OK. The organization was established in 1970. 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. East Central University 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 06/2023, East Central University Foundation Inc generated $10.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $4.3m during the year ending 06/2023. While expenses have increased by 3.4% 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 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE PRIMARY MISSION OF THE FOUNDATION IS TO BENEFIT EAST CENTRAL UNIVERSITY'S STUDENT BODY, FACULTY, AND ITS PROGRAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS AND AWARDS GIVEN TO STUDENTS OF EAST CENTRAL UNIVERSITY.


AID TO ECU AND PROGRAMS SPONSORED BY THE UNIVERSITY, SUCH AS RECEPTIONS, TEACHER AWARDS, STIPENDS, TRAVEL, CONVENTION EXPENSES, LUNCHEONS, STUDENT TRIPS, STUDENT ORGANIZATIONS, SPEAKERS ON CAMPUS, BUILDING CONSTRUCTION AND RENOVATION PROJECTS, ATHLETIC PROGRAMS, ETC.


LECTURE/CHAIR EXPENSE THAT COVERS FEES FOR LECTURES, MEALS, TRANSPORTATION, STIPENDS FOR FACULTY MEMBERS, POSTAGE, AND PROGRAMS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,089,877
All other contributions, gifts, grants, and similar amounts not included above$8,366,925
Noncash contributions included in lines 1a–1f $28,589
Total Revenue from Contributions, Gifts, Grants & Similar$9,456,802
Total Program Service Revenue$0
Investment income $1,034,012
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $3,750
Net Gain/Loss on Asset Sales -$13,482
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,481,082

Grants Awarded

Over the last fiscal year, East Central University Foundation Inc has awarded $1,281,502 in support to 2 organizations.

Grant RecipientAmount

EAST CENTRAL UNIVERSITY

PURPOSE: FINANCIAL SUPPORT

$10,336

EAST CENTRAL UNIVERSITY

PURPOSE: FINANCIAL SUPPORT

$1,271,166
View Grant Profile

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