Fort Hays State University Foundation

Organization Overview

Fort Hays State University Foundation is located in Hays, KS. The organization was established in 1966. 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 06/2023, Fort Hays State University Foundation employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Hays 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, Fort Hays State University Foundation generated $16.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $10.0m during the year ending 06/2021. While expenses have increased by 2.8% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FORT HAYS STATE UNIVERSITY FOUNDATION IS CREATED PRIMARILY TO AID, FOSTER, AND PROMOTE THE EDUCATIONAL ENHANCEMENT OF THE STUDENTS OF FORT HAYS STATE UNIVERSITY AND TO PROMOTE THE CONTINUING EDUCATION OF FORMER STUDENTS OF THE UNIVERSITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HIGHER EDUCATION FUNDS USED BY FORT HAYS STATE UNIVERSITY FOR GROWTH AND DEVELOPMENT.


SCHOLARSHIP PROGRAMS: SCHOLARSHIPS ARE AWARDED TO QUALIFIED RECIPIENTS VIA SCHOLARHIP COMMITTEE SELECTION. SCHOLARSHIPS WERE AWARDED TO STUDENTS ATTENDING FORT HAYS STATE UNIVERSITY. THE AVERAGE SCHOLARSHIP AMOUNT AWARDED IS APPROXIMATELY $500. SCHOLARSHIPS ARE BASED ON CRITERIA ESTABLISHED THROUGH DONOR GIFT INSTRUMENTS.


STUDENT LOAN PROGRAM: LOAN EXPENSES. FUNDS AVAILABLE TO STUDENTS TO ENABLE THEM TO CONTINUE THEIR EDUCATION AT FORT HAYS STATE UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Jason Williby
President & CEO
$179,814
Jason Ball
Treasurer
$120,961
Teresa Hammerschmidt
Secretary
$69,730
Ryan Bickle
Vice Chair
$0
Brian Dewitt
Exec Committee
$0
Kevin Faulkner
Chairman
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$11,970,259
Investment income $2,898,803
Tax Exempt Bond Proceeds $0
Royalties $89,209
Net Rental Income $27,340
Net Gain/Loss on Asset Sales $500,441
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $19,387
Miscellaneous Revenue$0
Total Revenue $16,562,010

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