Northwestern Oklahoma State University Foundation Inc

Organization Overview

Northwestern Oklahoma State University Foundation Inc is located in Alva, OK. The organization was established in 1963. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, Northwestern Oklahoma State University Foundation Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwestern Oklahoma 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 06/2022, Northwestern Oklahoma State University Foundation Inc generated $7.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $3.4m during the year ending 06/2022. While expenses have increased by 3.3% 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE AND MANAGE PRIVATE FUNDS TO SUPPORT NORTHWESTERN OKLAHOMA STATE UNIVERSITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORT TO NORTHWESTERN OKLAHOMA STATE UNIVERSITY


SCHOLARSHIPS FOR NORTHWESTERN OKLAHOMA STATE UNIVERSITY STUDENTS


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Board, Officers & Key Employees

Name (title)Compensation
Allen Skeeter Bird
CEO
$115,921
Ld Rapp
Exec Committee Chair
$0
Mike Fouts
Trustee
$0
Mike Benway
Exec Committee Vice Chair
$0
Grace Wessels
Governance Committee Chair
$0
Jim Dunning
Investment Committee 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$4,072,389
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,072,389
Total Program Service Revenue$8,923
Investment income $1,114,220
Tax Exempt Bond Proceeds $0
Royalties $23,744
Net Rental Income $54,381
Net Gain/Loss on Asset Sales $2,397,075
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,714,805

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Northwestern Oklahoma State University Foundation Inc has recieved totaling $11,259.

Awarding OrganizationAmount
$10,000
Northwest Oklahoma Osteopathic

Enid, OK

PURPOSE: SCHOLARSHIPS

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$159
Tom And Brenda Mcdaniel Charitable Foundation

Oklahoma City, OK

PURPOSE: GENERAL OPERATIONS

$100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$36,129,190
Earnings-$2,912,945
Net Contributions$6,197,900
Other Expense$1,412,593
Grants$903,411
Ending Balance$37,098,141

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