Kansas State University Foundation

Organization Overview

Kansas State University Foundation is located in Manhattan, KS. The organization was established in 1945. 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, Kansas State University Foundation employed 226 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kansas 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 06/2020, Kansas State University Foundation generated $132.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $104.4m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Kansas State University Foundation has awarded 85 individual grants totaling $523,907,680. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

KSU FOUNDATION ENCOURAGES AND PRUDENTLY MANAGES GIFTS DONATED FOR THE BENEFIT OF KSU AND FOSTERS A CULTURE THAT UNITES PHILANTHROPIC DESIRES WITH UNIVERSITY PRIORITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

KANSAS STATE UNIVERSITY ADMINISTRATIVE SUPPORT FOR CENTRAL ADMINISTRATION, COLLEGES AND ATHLETICS. EXPENDITURES INCLUDE MONIES TRANSFERRED AND OR EXPENDED FOR SALARIES FOR FACULTY AND STAFF, TRAVEL FOR CONFERENCES, SEMINARS, SPEAKERS, VISITING PROFESSORS, EMPLOYEE RECRUITMENT, PROFESSIONAL AND CONSULTING SERVICES, EQUIPMENT AND COMPUTING PURCHASES. ADDITIONALLY, MONIES ARE TRANSFERRED TO ATHLETICS FOR USE IN SUPPORT OF ACADEMIC SERVICES, SPORTS MEDICINE, EQUIPMENT AND COMPUTER PURCHASES, TRAVEL COSTS AS WELL AS CAPITAL IMPROVEMENTS.


KANSAS STATE UNIVERSITY SCHOLARSHIPS--GENEROUS DONORS TO KANSAS STATE UNIVERSITY FOUNDATION HAVE PROVIDED ENDOWED AND EXPENDABLE FUNDS TO BE USED FOR PROVIDING SCHOLARSHIPS TO UNDERGRADUATE AND GRADUATE STUDENTS OF KANSAS STATE UNIVERSITY. 6,841 STUDENTS RECEIVED SCHOLARSHIP ASSISTANCE DURING THE 20/21 ACADEMIC YEAR.


KANSAS STATE UNIVERSITY ACADEMIC SUPPORT EXPENDITURES ARE MADE FOR THE PURCHASE OF COMPUTER HARDWARE AND SOFTWARE, FURNITURE AND EQUIPMENT, PROFESSIONAL SERVICES AND CONSULTATIONS, CLASSROOM AND LAB SUPPLIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aerosim Technologies Inc
Hardware/software
$427,500
Uc Innovation Inc
Hardware/software
$334,469
Bnim
Construction
$333,375
Df Osborne Construction Inc
Construction
$324,148
Mccown Gordon Construction Llc
Construction
$7,219,414
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$104,969,825
Investment income $852,932
Tax Exempt Bond Proceeds $0
Royalties $47,633
Net Rental Income $394,055
Net Gain/Loss on Asset Sales $9,749,487
Net Income from Fundraising Events $85,481
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $132,355,724

Grants Awarded

Over the last fiscal year, Kansas State University Foundation has awarded $58,146,909 in support to 9 organizations.

Grant RecipientAmount

K-STATE ATHLETICS

Org PageRecipient Profile

Manhattan, KS

PURPOSE: SCHOLARSHIPS AND SUPPORT

$23,781,587

KANSAS STATE UNIVERSITY

Org PageRecipient Profile

Manhattan, KS

PURPOSE: SUPPORT

$21,154,519

KANSAS STATE UNIVERSITY

Org PageRecipient Profile

Manhattan, KS

PURPOSE: ADMINISTRATIVE SUPPORT,DEPARTMENTAL SUPPORT, PROPE

$8,864,914

K-STATE ATHLETICS

Org PageRecipient Profile

Manhattan, KS

PURPOSE: ADMINISTRATIVE SUPPORT,DEPARTMENTAL SUPPORT, PROPE

$2,236,431

KANSAS STATE UNIVERSITY ALUMNI ASSOCIATION

Org PageRecipient Profile

Manhattan, KS

PURPOSE: SUPPORT/SCHOLARSHIPS

$2,057,532

MANHATTAN CHAMBER OF COMMERCE

Org PageRecipient Profile

Manhattan, KS

PURPOSE: SUPPORT

$22,340
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Kansas State University Foundation has recieved totaling $73,476.

Awarding OrganizationAmount
Dale & Joan Coleman Charitable Trust

Amarillo, TX

PURPOSE: ENDOWMENT FUND

$54,357
Dale & Joan Coleman Charitable Trust

Amarillo, TX

PURPOSE: ENHANCEMENT ENDOWMENT

$18,119
Lionel & Debra Dluna Family Foundation

Irvine, CA

PURPOSE: EDUCATIONAL PROGRAM DEVELOPMENT

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$620,299,994
Earnings$207,183,891
Net Contributions$37,258,159
Other Expense$11,117,235
Grants$12,219,963
Ending Balance$841,404,846

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