Northwest Foundation Inc

Organization Overview

Northwest Foundation Inc is located in Maryville, MO. The organization was established in 1972. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2022, Northwest Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest 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 06/2022, Northwest Foundation Inc generated $14.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $6.9m during the year ending 06/2022. While expenses have increased by 9.8% 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 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOPS AND STEWARDS PHILATHROPIC RESOURCES FOR THE BENEFIT OF NWMSU AND IT'S STUDENTS.

Describe the Organization's Program Activity:

PROVIDES SUPPORT FOR NORTHWEST MISSOURI STATE UNIVERSITY PROGRAMS


PROVIDES FUNDING OF SCHOLARSHIPS FOR NORTHWEST MISSOURI STATE UNIVERSITY STUDENTS. THERE WERE 1,420 SCHOLARSHIPS AWARDED DURING THE YEAR.


PROVIDES SUPPORT FOR DEPARTMENTS OF THE UNIVERSITY AND SERVES AUXILIARY FUNDS INCLUDING THE ATHLETIC DEPARTMENT AND COMMUNICATIONS DEPARTMENT


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Board, Officers & Key Employees

Name (title)Compensation
Lori Steiner
Chief Financial Officer
$113,813
Jennifer Nicholson
Immediate Past President
$0
Robert Burrell
President
$0
Leisha Barry
Vice President
$0
John Cline
Director
$0
Eric Geis
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$187,256
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,221,447
Noncash contributions included in lines 1a–1f $301,616
Total Revenue from Contributions, Gifts, Grants & Similar$6,408,703
Total Program Service Revenue$17,557
Investment income $1,155,981
Tax Exempt Bond Proceeds $0
Royalties $6,000
Net Rental Income $2,581
Net Gain/Loss on Asset Sales $7,096,606
Net Income from Fundraising Events $16,650
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,720,589

Grants Awarded

Over the last fiscal year, Northwest Foundation Inc has awarded $3,824,766 in support to 2 organizations.

Grant RecipientAmount

NORTHWEST MISSOURI STATE UNIVERSITY

PURPOSE: SUPPORT FOR NWMSU PROGRAMS

$2,763,236

NORTHWEST MISSOURI STATE UNIVERSITY SCHOLARSHIPS

PURPOSE: SCHOLARSHIPS

$1,061,530
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 14 grants that Northwest Foundation Inc has recieved totaling $1,475,029.

Awarding OrganizationAmount
Sunderland Foundation

Overland Park, KS

PURPOSE: FOOTBALL LOCKER ROOM UPGRADES

$800,000
Hughes Family Foundation

Mission Woods, KS

PURPOSE: THE HUGHES FIELDHOUSE

$450,000
William And Margaret Schreiber Charitable Trust

Milwaukee, WI

PURPOSE: GENERAL PURPOSE

$90,000
First Hand Foundation

Kansas City, MO

PURPOSE: PROGRAM SUPPORT

$40,750
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: EDUCATION

$20,000
Gary G Taylor Charitable Tr

Milwaukee, WI

PURPOSE: GENERAL OPERATING

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$33,182,528
Earnings-$2,215,698
Admin Expense$524,070
Net Contributions$1,893,444
Other Expense$985
Grants$883,749
Ending Balance$31,451,470

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