Miami University Foundation Inc

Organization Overview

Miami University Foundation Inc is located in Oxford, OH. The organization was established in 1952. 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. Miami 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, Miami University Foundation Inc generated $28.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $22.0m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. 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

SUPPORT OF MIAMI UNIVERSITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

MIAMI UNIVERSITY FOUNDATION RECEIVES CONTRIBUTIONS FROM ALUMNI AND FRIENDS OF THE UNIVERSITY WHICH IT HOLDS AND USES ACCORDING TO DONOR INSTRUCTIONS. INVESTMENT EARNINGS ARE PERIODICALLY TRANSFERRED TO THE UNIVERSITY TO FURTHER ITS EDUCATIONAL AND RESEARCH ACTIVITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
President
$0

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$20,122,843
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$20,122,843
Total Program Service Revenue$0
Investment income $1,314,869
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $8,562,354
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $28,643,439

Grants Awarded

Over the last fiscal year, Miami University Foundation Inc has awarded $17,894,968 in support to 5 organizations.

Grant RecipientAmount

Oxford, OH

PURPOSE: SCHOLARSHIPS

$6,990,603

Oxford, OH

PURPOSE: ACADEMIC SUPPORT

$6,728,858

Oxford, OH

PURPOSE: INSTITUTIONAL SUPPORT

$1,884,284

Oxford, OH

PURPOSE: CAMPUS IMPROVEMENTS

$1,833,732

Oxford, OH

PURPOSE: STUDENT SERVICES/ATHLETICS

$457,491
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Miami University Foundation Inc has recieved totaling $1,500.

Awarding OrganizationAmount
Charles H Dishman Iii Family Foundation Inc

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$1,000
Zissu Family Foundation

Short Hills, NJ

PURPOSE: TO FURTHER DONEES EXEMPT PURPOSE

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$426,942,301
Earnings-$20,230,835
Admin Expense$3,858,735
Net Contributions$18,070,557
Grants$15,075,539
Ending Balance$405,847,749

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