Clayton State University Foundation Inc

Organization Overview

Clayton State University Foundation Inc is located in Morrow, GA. The organization was established in 1974. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, 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. Clayton State 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 06/2022, Clayton State University Foundation Inc generated $15.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $6.8m during the year ending 06/2022. While expenses have increased by 5.3% 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

THE MISSION OF THE CLAYTON STATE UNIVERSITY FOUNDATION IS TO ASSIST CLAYTON STATE UNIVERSITY BY ATTRACTING FINANCIAL AND OTHER RESOURCES TO ACHIEVE THE UNIVERSITY'S MISSION AND GOALS TO EDUCATE STUDENTS; SUPPORT FACULTY AND STAFF; AND TO INCREASE COMMUNITY AWARENESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TRUSTEE MAKES FUNDS AVAILABLE FOR UNIVERSITY OFFICIALS USED TO ADVANCE THE INSTITUTION IN BOTH SERVICES AND PROGRAMS.


FOUNDATION PROGRAM REWARDS FOR FACULTY & STAFF OF CLAYTON STATE UNIVERSITY FOR EXTENDED TRAINING.


ANNUAL SPONSORSHIP OF STUDENT AWARDS, SCHOLARSHIPS, & HONORS PROGRAMS FOR STUDENTS OF CLAYTON STATE UNIVERSITY. SPECIFIC PROGRAM REQUIREMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Jeffrey M Adams
Inv Chair
$0
Bonnie Wilson
Trustee Chair
$0
The Honorable Ronnie Chance
Develop Chair
$0
Thomas Bowen
Sec/treasurer
$0
Patty Whaley
Sec/treasurer
$0
David Worley
Chairman
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Addison Smith Mechanical Cont
Renovation/construction
$190,979
Bount Construction Co
Renovation/construction
$243,307
Lsa Construction Group
Renovation/construction
$202,500
Eddies Group
Renovation/construction
$484,480
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,747,504
Noncash contributions included in lines 1a–1f $56,337
Total Revenue from Contributions, Gifts, Grants & Similar$2,747,504
Total Program Service Revenue$563,639
Investment income $3,344,133
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $9,042,438
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,697,742

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Clayton State University Foundation Inc has recieved totaling $363,120.

Awarding OrganizationAmount
Lettie Pate Whitehead Foundation Inc

Atlanta, GA

PURPOSE: For nursing scholarships.

$141,500
$122,701
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$25,653
Kaiser Foundation Health Plan Of Georgia Inc

Oakland, CA

PURPOSE: NURSING PROGRAM SCHOLARSHIP

$25,000
$20,000
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$18,559,724
Earnings-$1,456,378
Admin Expense$16,762
Net Contributions$3,003,637
Grants$2,195,057
Ending Balance$17,895,164

Peer Organizations

Organization NameAssets
Lemoyne Owen College
Memphis, TN
$23,441,931
Hodges University Inc
Ft Myers, FL
$14,637,102
Voorhees College
Denmark, SC
$40,025,778
Compass Rose Foundation Inc
Jacksonville, FL
$19,833,051
Brewton Parker College Inc
Mount Vernon, GA
$18,922,646
Bennett College
Greensboro, NC
$40,377,386
Morris College
Sumter, SC
$16,212,901
Welch College
Gallatin, TN
$11,542,139
Paine College
Augusta, GA
$10,570,569
Judson College
Marion, AL
$7,964,098
Clayton State University Foundation Inc
Morrow, GA
$15,697,742
Beacon College Prep Inc
Miami Beach, FL
$7,064,402

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