Kennesaw State Unversity Research And Service Foundation Inc

Organization Overview

Kennesaw State Unversity Research And Service Foundation Inc is located in Kennesaw, GA. The organization was established in 2007. 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. Kennesaw State Unversity Research And Service 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 06/2021, Kennesaw State Unversity Research And Service Foundation Inc generated $7.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $7.1m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

THE FOUNDATION SECURES GIFTS, CONTRIBUTIONS, AND GRANTS FROM INDIVIDUALS, PRIVATE ORGANIZATIONS, AND PUBLIC AGENCIES AND OBTAINS CONTRACTS WITH SUCH INDIVIDUALS OR ENTITIES FOR THE PERFORMANCE OF SPONSORED RESEARCH, DEVELOPMENT, EDUCATION, OR OTHER PROGRAMS BY THE VARIOUS COLLEGES, SCHOOLS, DEPARTMENTS, OR OTHER UNITS OF THE UNIVERSITY. RESEARCH GRANTS AWARDED TO THE FOUNDATION ARE PRIMARILY SUBCONTRACTED TO THE UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Pamela Whitten
Chair
$0
Aaron Howell
Treasurer
$0
Nwakaego Nkumeh Walker
Chief Legal Affairs Officer
$0
Kathy Schwaig
Chief Executive Officer
$0
Phaedra Corso
Chief Operating Officer
$0
Jonathan Coker
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,721,131
All other contributions, gifts, grants, and similar amounts not included above$338,484
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,059,615
Total Program Service Revenue$5,149,702
Investment income $3,142
Tax Exempt Bond Proceeds $0
Royalties $442,285
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,661,519

Grants Awarded

Over the last fiscal year, Kennesaw State Unversity Research And Service Foundation Inc has awarded $5,078,106 in support to 3 organizations.

Grant RecipientAmount

KENNESAW STATE UNIVERSITY

PURPOSE: Multiple grants to Kennesaw State University were made for academic, research and institutional support along with public service.

$5,012,211

THE RESEARCH FOUNDATION OF THE CITY UNIVERSITY OF NEW YORK

Org PageRecipient Profile

New York, NY

PURPOSE: Produced in-depth, investigative or solution-oriented journalism stories related to juvenile justice, focused on the metropolitan New York area, while providing university students with hands-on journalism experience and education in juvenile justice issues.

$65,895
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Kennesaw State Unversity Research And Service Foundation Inc has recieved totaling $1,959,950.

Awarding OrganizationAmount
Marcus Foundation Inc

Atlanta, GA

PURPOSE: TO SUPPORT THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION

$750,000
American Heart Association Inc

Dallas, TX

PURPOSE: RESEARCH

$647,476
Marcus Foundation Inc

Atlanta, GA

PURPOSE: TO SUPPORT THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION

$250,000
$149,974
The Tow Foundation Inc

New Canaan, CT

PURPOSE: THE YOUTH JUSTICE NEW YORK METRO BUREAU AT THE CRAIG NEWMARK GRADUATE SCHOOL OF JOURNALISM AT CUNY (NEWMARK J SCHOOL)

$100,000
The Miner Anderson Family Foundation

Wilmington, DE

PURPOSE: TO FUND THE SECOND EDITION OF EDUCATION FOR SUSTAINABILITY AND HUMAN RIGHTS

$50,000
View Grant Recipient Profile

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