Southern Arkansas University Foundation Inc

Organization Overview

Southern Arkansas University Foundation Inc is located in Magnolia, AR. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Arkansas 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 12/2022, Southern Arkansas University Foundation Inc generated $7.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $3.1m during the year ending 12/2022. While expenses have increased by 1.6% per year over the past 8 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FINANCIAL AID & SCHOLARSHIPS

Describe the Organization's Program Activity:

Part 3 - Line 4a

SOUTHERN ARKANSAS UNIVERSITY-FUNDS GIVEN BY THE FOUNDATION SOUTHERN ARKANSAS UNIVERSITY FOR ACADEMIC SCHOLARSHIPS TO HIGH ABILITY STUDENTS


SOUTHERN ARKANSAS UNIVERSITY-FUNDS GIVEN TO SUPPLEMENT DEPARTMENT OPERATIONS


SOUTHERN ARKANSAS UNIVERSITY-LECTURES, PROGRAMS, MEETINGS, CONCERTS, ETC.


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Board, Officers & Key Employees

Name (title)Compensation
Joey Baker
Director
$0
Trey Berry
Ex Officio
$0
Steve Card
Vice Chair
$0
Ken Carroll
Director
$0
Cory Childs
Director
$0
John Dews
Treasurer
$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$3,250,259
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,250,259
Total Program Service Revenue$0
Investment income $1,130,581
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,221,703
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,602,543

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