Missouri State University Foundation
- Assets
- $193.0m
- Revenue
- $34.0m
- Investments
- $10.7m
- Employees
- 85
- Location
- Springfield, MO
- Founding
- 10/1981
- Data as of
- 06/2021
- EIN
- 43-1234200
Organization Overview
Missouri State University Foundation is located in Springfield, MO. The organization was established in 1981. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2021, Missouri State University Foundation employed 85 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missouri State 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 06/2021, Missouri State University Foundation generated $34.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $24.3m during the year ending 06/2021. While expenses have increased by 2.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSOURI STATE UNIVERSITY FOUNDATION SUPPORTS MISSOURI STATE UNIVERSITY BY MANAGING AND DISTRIBUTING RESOURCES RECEIVED IN FUNDRAISING CAMPAIGNS AND EVENTS.
Describe the Organization's Program Activity:
MISSOURI STATE UNIVERSITY FOUNDATION'S PRIMARY PURPOSE IS TO SUPPORT MISSOURI STATE UNIVERSITY (MSU) BY HOLDING FUNDRAISING CAMPAIGNS AND SPECIAL EVENTS. THE ORGANIZATION PROVIDES SUPPORT FOR INSTRUCTION AND ACADEMIC PROGRAMS, STUDENT SERVICES, BROADCAST SERVICES, CAPITAL PROJECTS, AND THE JQH ARENA, AS WELL AS GENERAL INSTITUTIONAL SUPPORT.
MISSOURI STATE UNIVERSITY FOUNDATION ALSO PROVIDES SCHOLARSHIPS TO INDIVIDUALS. DURING THE YEAR, 1,605 INDIVIDUALS RECEIVED SCHOLARSHIPS FROM THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Brent Dunn Executive Director | Officer | 24 | $94,131 |
Stephen C Foucart Treasurer | Officer | 6 | $24,484 |
Cindy R Busby Secretary | Officer | 14 | $21,834 |
Mark Mcqueary Vice Chair | OfficerTrustee | 1 | $0 |
Joe Carmichael Chair | OfficerTrustee | 1 | $0 |
Bonnalie O Campbell Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Northern Trust Company Investments Manager | 6/29/19 | $275,649 |
Mts Contracting Inc Repair Services | 6/29/19 | $477,280 |
Bentz Whaley Flessner And Associate Fundrsg Consultant | 6/29/19 | $150,074 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $214,122 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,948,968 |
| Noncash contributions included in lines 1a–1f | $5,937,992 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,163,090 |
| Total Program Service Revenue | $5,408,668 |
| Investment income | $1,912,427 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $128,120 |
| Net Gain/Loss on Asset Sales | $2,173,963 |
| Net Income from Fundraising Events | $36,847 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $33,993,322 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $17,987,944 |
| Grants and other assistance to domestic individuals. | $2,294,623 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $186,898 |
| Compensation of current officers, directors, key employees. | $59,893 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,228,895 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $62,770 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $297,414 |
| Fees for services: Other | $1,347 |
| Advertising and promotion | $1,331 |
| Office expenses | $13,838 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,219 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $192,082 |
| Total functional expenses | $24,268,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,596,587 |
| Pledges and grants receivable | $27,956,697 |
| Accounts receivable, net | $36,717 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,600,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,278,522 |
| Net Land, buildings, and equipment | $1,793,849 |
| Investments—publicly traded securities | $122,319,900 |
| Investments—other securities | $10,702,801 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,724,152 |
| Total assets | $193,009,225 |
| Accounts payable and accrued expenses | $141,138 |
| Grants payable | $0 |
| Deferred revenue | $805,002 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,990,177 |
| Total liabilities | $3,936,317 |
| Net assets without donor restrictions | $10,765,282 |
| Net assets with donor restrictions | $178,307,626 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $193,009,225 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Missouri State University Foundation has recieved totaling $5,695.
| Awarding Organization | Amount |
|---|---|
Foster And Maralee Overcash Scholarship Trust Canton, IL PURPOSE: SCHOLARSHIP FOR CANTON HIGH | $3,000 |
George & Hazel Barber Scholarship Tr Quincy, IL PURPOSE: COLLEGE SCHOLARSHIP | $1,695 |
Se-Ma-No Electric Foundation Mansfield, MO PURPOSE: SCHOLARSHIP - HAILEY FELTON | $1,000 |
Endowment Analysis
| Beg. Balance | $87,643,305 |
| Earnings | $23,648,788 |
| Net Contributions | $8,249,344 |
| Other Expense | $5,384,944 |
| Ending Balance | $114,156,493 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Memphis Foundation Memphis, TN | $175,396,802 | $38,710,840 |
University Of Arkansas Fayetteville Campus Foundation Inc Fayetteville, AR | $748,157,500 | $15,686,060 |
Missouri State University Foundation Springfield, MO | $193,009,225 | $33,993,322 |
Wku Student Life Foundation Inc Bowling Green, KY | $178,491,745 | $30,600,200 |
Razorback Foundation Inc Fayetteville, AR | $72,537,377 | $26,130,749 |
Umkc Foundation Kansas City, MO | $70,681,044 | $43,162,989 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |
St Louis Charter Schools St Louis, MO | $19,224,709 | $16,300,473 |
Mose And Garrison Siskin Memorial Foundation Inc Chattanooga, TN | $53,806,754 | $11,101,792 |