Oakland University Foundation
- Assets
- $229.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, MI
- Founding
- 12/1967
- Data as of
- 06/2022
- EIN
- 38-6078765
Organization Overview
Oakland University Foundation is located in Rochester, MI. The organization was established in 1967. According to its NTEE Classification (B43) the organization is classified as: Universities, 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. Oakland 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 06/2022, Oakland University Foundation generated $21.3k 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 (16.8%) each year. All expenses for the organization totaled $9.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (25.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O, STATEMENT 1
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James L Hargett Treasurer | 1 | $0 | |
Allen Gough Ouf Chair/director | 0.5 | $0 | |
Michael Westfall Ouf Executive Director | 0.5 | $0 | |
Michael Klieman Ouf Secretary/director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,627 |
| Gain or Loss | $17,646 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,273 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $9,720 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $229,070 |
| Other assets | $0 |
| Total assets | $229,070 |
| Total liabilities | $0 |
| Net assets or fund balances | $229,070 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Oakland University Foundation has recieved totaling $110,870.
| Awarding Organization | Amount |
|---|---|
United Jewish Foundation Bloomfield Hills, MI PURPOSE: TO SUPPORT EDUCATION | $42,000 |
Pediatric Retinal Research Foundation Birmingham, MI PURPOSE: VARIOUS RESEARCH PROGRAMS | $28,804 |
Kresge Foundation Troy, MI PURPOSE: THIS GRANT WILL GO TOWARDS GENERAL OPERATING SUPPORT FOR THE OAKLAND UNIVERSITY STUDENT MANAGED INVESTMENT FUND AND THEIR DATA ANALYTICS LAB. | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,132 |
Ann Arbor Area Community Foundation Ann Arbor, MI PURPOSE: EDUCATION/INSTRUCTION | $9,934 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Martin University Inc Indianapolis, IN | $11,458,178 | $6,489,319 |
Newark Campus Development Fund Newark, OH | $44,149,352 | $5,377,217 |
University Of Southern Indiana Foundation Inc Evansville, IN | $166,446,934 | $20,278,244 |
University Of Wisconsin Stevens Point Foundation Inc Stevens Point, WI | $75,127,942 | $13,216,092 |
The Northern Michigan University Foundation Marquette, MI | $51,572,158 | $7,666,417 |
Rabbinical College Of Telshe Inc Wickliffe, OH | $4,924,770 | $5,286,495 |
Valor Christian College Columbus, OH | $1,469,992 | $3,133,613 |
James A Rhodes State College Foundation Lima, OH | $6,805,067 | $2,232,723 |
Central State University Foundation Dayton, OH | $18,617,236 | $4,308,738 |
Columbus Collegiate Academy - West Columbus, OH | $2,388,377 | $3,130,941 |
University Academy Akron, OH | $0 | $2,415,931 |
University Of Wisconsin Superior Foundation Inc Superior, WI | $26,789,012 | $8,532,760 |