Culver Educational Foundation

Organization Overview

Culver Educational Foundation is located in Culver, IN. The organization was established in 1935. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2023, Culver Educational Foundation employed 1,066 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Culver Educational 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 06/2023, Culver Educational Foundation generated $96.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $95.9m during the year ending 06/2023. 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

TO EDUCATE ITS STUDENTS FOR LEADERSHIP AND RESPONSIBLE CITIZENSHIP IN SOCIETY BY NURTURING THE WHOLE INDIVIDUAL- MIND, SPIRIT AND BODY - THROUGH INTEGRATED PROGRAMS THAT EMPHASIZE THE CULTIVATION OF CHARACTER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CULVER PROMISES TOP ACADEMICS, COMPETITIVE ATHLETICS AND EDUCATION YOU NEED TO BE A LEADER AND A RESPONSIBLE GLOBAL CITIZEN IN HIGH SCHOOL, IN COLLEGE AND BEYOND. CULVER ENCOURAGES YOU TO DEVELOP YOUR INDIVIDUAL INTERESTS AND TALENTS, ALL WHILE HELPING YOU MOVE BEYOND SELF-IMPOSED LIMITATIONS. OUR MISSION TO DEVELOP AND NURTURE THE WHOLE PERSON - MIND, SPIRIT AND BODY - WITH OUR UNIQUE FOCUS ON LEADERSHIP TRAINING MEANS YOU RECEIVE THE TOTAL EDUCATIONAL EXPERIENCE THAT HAS SET CULVER ABOVE OTHER SCHOOLS FOR MORE THAN A CENTURY. INSTRUCTION IS FOR GRADES 9-12, RANGING FROM THE ARTS AND MUSIC TO SCIENCE, MATH AND HUMANITIES AS WELL AS UNIQUE PROGRAMS IN LEADERSHIP, WELLNESS AND A SERVANT LEADERSHIP PROJECT REQUIREMENT FOR GRADUATION.


CULVER ACADEMIES UNDERSTANDS THE FINANCIAL COMMITMENT OF AN INDEPENDENT SCHOOL EDUCATION AND FOCUSES ON MAXIMIZING OUR RESOURCES TO PROVIDE OPPORTUNITIES TO THOSE FAMILIES WHO QUALIFY OR WARRANT ASSISTANCE. CULVER OFFERS NEED BASED FINANCIAL AID ASSISTANCE AS WELL AS NON-NEED-BASED AWARDS. NEED BASED AID DEPENDS SOLELY ON A FAMILY'S FINANCIAL PROFILE AND IS INDEPENDENT FROM THE ADMISSIONS PROCESS. SCHOLARSHIPS / MERIT AWARDS ARE BASED ON THE STRENGTH OF THE CANDIDATE AND CAN RANGE FROM SMALL AMOUNTS TO FULL AWARDS.


FOUNDED IN 1902, CULVER SUMMER SCHOOLS AND CAMPS IS A FUN- FILLED, NATURALLY BEAUTIFUL 1,800-ACRE SETTING WHERE NEARLY 1,300 YOUNG PEOPLE FROM AROUND THE WORLD, AGES 7-17, DEVELOP POSITIVE SELF-ESTEEM THROUGH ACCOMPLISHMENT AND SELF-DISCIPLINE. IT IS A HIGH CHALLENGE-HIGH SUPPORT-HIGH REWARD ENVIRONMENT FOR LEARNING LEADERSHIP SKILLS THAT IMPROVE PERSONAL CONFIDENCE.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Vice President
$0
Name Not Listed
Vice President
$0
Name Not Listed
Secretary/vice President Thru Sept 2022
$0
Name Not Listed
Vice President
$0
Name Not Listed
Chairman Emeritus/vice President
$0
Name Not Listed
Treasurer/vice President Thru June 2023
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Hagerman Inc
General Contractor
$12,601,192
Flik Hospitality
School Dining Contractor
$7,889,675
Hebard & Hebard Architects Inc
Architects
$1,213,443
A & M Home Services Inc
General Contractor
$698,555
Marathon Health Llc
Employee Health Clinic
$671,725
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,083,930
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$28,670,794
Noncash contributions included in lines 1a–1f $1,552,017
Total Revenue from Contributions, Gifts, Grants & Similar$29,754,724
Total Program Service Revenue$58,676,355
Investment income $9,623,571
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $245,732
Net Gain/Loss on Asset Sales -$5,244,029
Net Income from Fundraising Events $638,195
Net Income from Gaming Activities $4,900
Net Income from Sales of Inventory $1,407,530
Miscellaneous Revenue$0
Total Revenue $96,364,611

Peer Organizations

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Culver Educational Foundation
Culver, IN
$96,364,611
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Missouri State High School Activities Association
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Francis Parker School Of Louiville Inc
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$8,184,199
Wayland Academy
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Beacon Academy A Montessori High School
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Greenwood Christian Academy Inc
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