Western Michigan University Foundation

Organization Overview

Western Michigan University Foundation is located in Kalamazoo, MI. The organization was established in 1976. 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. Western Michigan University 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 06/2020, Western Michigan University Foundation generated $43.5m 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 (8.3%) each year. All expenses for the organization totaled $37.6m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (1.0%) 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 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

MAINTAINING AND ENHANCING AN ENDOWMENT FUND FOR WESTERN MICHIGAN UNIVERSITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SUPPORT TO WESTERN MICHIGAN UNIVERSITY


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Lynn Chen-Zhang
President
$0
Kristen R Devries
Secretary, E
$0
Stephen K Parker
Vice Preside
$0
Edward B Montgomery
Designated D
$0
Janice J Van Der Kely
Treasurer
$0
Colleen Scarff
Assistant Tr
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$29,574,000
Investment income $12,067,805
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,518,463
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $43,479,998

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Western Michigan University Foundation has recieved totaling $39,352.

Awarding OrganizationAmount
F W & Elsie L Heyl Science Scholarship Fund Tr

Pittsburgh, PA

PURPOSE: SCHOLARSHIPS

$39,352
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$395,949,742
Earnings$103,925,423
Admin Expense$5,001,855
Net Contributions$6,003,252
Other Expense$10,244,125
Ending Balance$490,632,437

Create an account to unlock the data you need.

or