Delta State College Foundation Inc

Organization Overview

Delta State College Foundation Inc is located in Cleveland, MS. The organization was established in 1967. 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, Delta State College Foundation Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Delta State College 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 06/2021, Delta State College Foundation Inc generated $13.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $4.6m during the year ending 06/2021. 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

THE DELTA STATE UNIVERSITY FOUNDATION WAS FORMED TO SUPPORT AND PROMOTE THE ACADEMIC PROGRAMS AT DELTA STATE UNIVERSITY. REVENUES ARE PRIMARILY DERIVED FROM PUBLIC SUPPORT AND INVESTMENT INCOME.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THESE PROGRAM SERVICE EXPENSES WERE FOR THE SOLE PURPOSE OF SUPPORTING AND PROMOTING THE ACADEMIC PROGRAMS AND STUDENT DEVELOPMENT PROGRAMS OF DELTA STATE UNIVERSITY. ENRICHMENT ACTIVITIES PROVIDED BY THE FOUNDATION INCLUDE FACULTY AND STAFF DEVELOPMENT, STUDENT SCHOLARSHIPS, AND FINANCIAL AID.


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Board, Officers & Key Employees

Name (title)Compensation
Tom Janoush
President
$0
Hugh Smith
Treasurer
$0
Anna Looney Dill
Vice Preside
$0
Leslie Jenkins
Secretary
$0
Edward Kossmann III
Director
$0
Robert P Armour
Director
$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$2,744,016
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,744,016
Total Program Service Revenue$0
Investment income $10,355,964
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,139,400

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Delta State College Foundation Inc has recieved totaling $163,300.

Awarding OrganizationAmount
Tri-State Educational Foundation

Iuka, MS

PURPOSE: EDUCATION

$121,300
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$26,000
$16,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$25,922,094
Earnings$921,691
Net Contributions$552,621
Other Expense-$605,498
Ending Balance$26,790,908

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