Columbus State University Foundation Inc

Organization Overview

Columbus State University Foundation Inc is located in Columbus, GA. The organization was established in 1964. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 07/2023, Columbus State University Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbus State University Foundation Inc 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 07/2023, Columbus State University Foundation Inc generated $10.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $9.5m during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE COLUMBUS STATE UNIVERSITY FOUNDATION SUPPORTS EDUCATIONAL EXCELLENCE AND THE EXPANSION OF EDUCATIONAL OPPORTUNITIES AT COLUMBUS STATE UNIVERSITY. THE FOUNDATION ATTRACTS, RECEIVES, INVESTS, MANAGES, AND EXPENDS GIFTS AND OTHER RESOURCES DESIGNATED FOR THE ADVANCEMENT OF THE UNIVERSITY. THE TRUSTEES OF THIS FOUNDATION WILL BE EFFECTIVE ADVOCATES FOR AND SUPPORTERS OF THE MISSION OF CSU.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIP, PROGRAMS, AND ACTIVITIES IN SUPPORT OF COLUMBUS STATE UNIVERSITY.


MISCELLANEOUS TICKET, FEE, ADVERTISING AND STUDENT OUTREACH INCOME.


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Board, Officers & Key Employees

Name (title)Compensation
Teddie L Ussery
Immediate Past-Chair
$0
Tim Money
Chair
$0
Emory Alexander M D
Trustee
$0
Stuart Rayfield
Member At Large
$0
Lula Huff
Secretary
$0
Wade Burford
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,917,655
Noncash contributions included in lines 1a–1f $357,333
Total Revenue from Contributions, Gifts, Grants & Similar$6,917,655
Total Program Service Revenue$55,592
Investment income $2,352,075
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $500,286
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,467,549

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