East Tennessee State University Foundation

Organization Overview

East Tennessee State University Foundation is located in Johnson City, TN. The organization was established in 1971. 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 Tennessee State 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 06/2022, East Tennessee State University Foundation generated $20.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $12.3m during the year ending 06/2022. While expenses have increased by 6.7% per year over the past 7 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SUPPORT FOR EAST TENNESSEE STATE UNIVERSITY (ETSU) AND ITS STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ALL PROGRAM EXPENDITURES ARE ATTRIBUTABLE TO THE ORGANIZATION'S STATEDPURPOSE OF PROVIDING FUNDS TO EAST TENNESSEE STATE UNIVERSITY FOR THESUPPORT OF ITS EDUCATIONAL PURPOSES AND TO ETSU STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Dr Brian Noland
University President
$0
Ms Pam Ritter
President/ceo, VP For University Advancement
$0
Ms Christina Graham
Cfo, VP For Business And Finance
$0
Mr Richard K Storey
Chairman Of The Board
$0
Ms Renee Bays Lockhart
Vice Chair Of The Board
$0
Ms Tracy Fleenor
Board Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$385,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$11,291,379
Noncash contributions included in lines 1a–1f $982,458
Total Revenue from Contributions, Gifts, Grants & Similar$11,676,379
Total Program Service Revenue$0
Investment income $2,844,434
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $204,732
Net Gain/Loss on Asset Sales $2,878,102
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,087,755

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