NonprofitsCulver Educational Foundation

Education

Culver Educational Foundation

CULVER, IN

Total revenue

$180.4M

Total expenses

$102.8M

Net assets

$979.6M

Grants received

$29.1M

357 grants

EIN

350868071

Tax year

2023

Mission

To educate its students for leadership and responsible citizenship in society by nurturing the whole individual- mind, spirit and body - through integrated programs that emphasize the cultivation of character.

Programs

4 programs

Culver Academies understands the financial commitment of an independent school education and focuses on maximizing our resources to provide opportunities to those families who qualify or warrant assistance. Culver offers need based financial aid assistance as well as non-need-based awards. Need based aid depends solely on a family's financial profile and is independent from the admissions process. Scholarships / Merit awards are based on the strength of the candidate and can range from small amounts to full awards.

Expenses: $16.3MGrants: $16.3M

Founded in 1902, Culver Summer Schools and Camps is a fun- filled, naturally beautiful 1,800-acre setting where nearly 1,400 young people from around the world, ages 7-17, develop positive self-esteem through accomplishment and self-discipline. It is a high challenge-high support-high reward environment for learning leadership skills that improve personal confidence.

Expenses: $10.0M

Student Services Programs: A variety of student services and activities were provided, including Barber Shop, Laundry-Dry Cleaning, Dining Hall, and Student Health Services.

Expenses: $19.2M

Student Services Programs, General/Other: Auxiliary services such as required uniform and a campus bookstore provided for the convenience of students.

Financials

FY 2023

Revenue

Contributions & grants$42.0M
Program service revenue$62.6M
Investment income$72.5M
Other revenue$3.3M
Total revenue$180.4M

Expenses

Grants paid$17.9M
Salaries & benefits$47.6M
Fundraising$5.1M
Other expenses$37.3M
Total expenses$102.8M
Total assets$1.1B
Net assets$979.6M

People

50 listed

NameRoleCompensation

Douglas O Bird

Head of Schools

Board

$406K

60 hrs/wk

Brian R Baker

Chief Financial Officer

Board

$183K

50 hrs/wk

Andrew Ramsey

Trustee

Board

3 hrs/wk

Anthony Black

Trustee

Board

3 hrs/wk

Bernardo Quintana

Trustee

Board

3 hrs/wk

Christine Lauridsen Sand

Trustee

Board

3 hrs/wk

COL Dartanian Warr USAF

Trustee

Board

3 hrs/wk

Daniel Kopp

Trustee

Board

3 hrs/wk

Dave Chenn

Trustee

Board

3 hrs/wk

Eric H Burns

Trustee

Board

3 hrs/wk

George T DeVries III

Trustee

Board

3 hrs/wk

James E Fellowes

Trustee

Board

3 hrs/wk

James S Gault

Trustee

Board

3 hrs/wk

Jeffrey A Desich

Trustee

Board

3 hrs/wk

Joann L Callahan

Trustee

Board

3 hrs/wk

Kimberly Hinshaw Tharin

Trustee

Board

3 hrs/wk

Lara K Nicholson

Trustee

Board

3 hrs/wk

Laura Schacht Bilicic

Trustee

Board

3 hrs/wk

Margrethe Raub Vagell

Trustee Thru June 2024

Board

3 hrs/wk

Marshall Stocker

Trustee

Board

3 hrs/wk

MG John W Peabody US Army

Trustee

Board

3 hrs/wk

Michael E Schrage

Trustee

Board

3 hrs/wk

Michael R Wilcox

Trustee

Board

3 hrs/wk

Rachel Redington Werner

Trustee

Board

3 hrs/wk

Craig J Duchossois

Vice President

Board

3 hrs/wk

Richard A Jennings

Trustee

Board

3 hrs/wk

Robert C Vaughn

Trustee

Board

3 hrs/wk

Robert H Ledbetter Jr

Trustee

Board

3 hrs/wk

Sodiqa Williams

Trustee

Board

3 hrs/wk

Thomas H Story

Trustee

Board

3 hrs/wk

Tiffany Brooks Bernal

Trustee

Board

3 hrs/wk

Tiffany S Kyser

Trustee

Board

3 hrs/wk

Timika Shafeek-Horton

Trustee Thru June 2024

Board

3 hrs/wk

Whitney K Alvis

Trustee

Board

3 hrs/wk

Rajiv Chopra

Trustee

Board

3 hrs/wk

David M Culver

Vice President

Board

3 hrs/wk

Harry L Crisp II

Vice President

Board

3 hrs/wk

James A Henderson

Chairman Emeritus/Vice President

Board

10 hrs/wk

John D Zeglis

Vice President

Board

3 hrs/wk

John J Bollman

Secretary/Vice President

Board

3 hrs/wk

Kathryn R Booth

Treasurer/Vice President

Board

5 hrs/wk

Miles D White

Chairman

Board

8 hrs/wk

Paul C Gignilliat

Vice President

Board

3 hrs/wk

Joshua Pretzer

Dean of Faculty

Staff

$191K

50 hrs/wk

Michelle Hicks

Chief Human Resources Officer

Staff

$186K

50 hrs/wk

Steven Pietraszek

Director of Enrollment Management, Admissions

Staff

$172K

50 hrs/wk

Andrew Seddelmeyer

Deputy Head of Schools

Staff

$170K

50 hrs/wk

Michael T Squires

Commandant of Cadets

Staff

$166K

50 hrs/wk

Kimberly Cullen

Dean of Advising

Staff

$149K

50 hrs/wk

Caren M Standfast

Dean of Culver Girls Academy

Staff

$114K

50 hrs/wk

Independent contractors

HAGERMAN INC

GENERAL CONTRACTOR

$18.3M

FLIK HOSPITALITY

SCHOOL DINING CONTRACTOR

$8.1M

HGR Consulting

General Contractor

$3.5M

Hebard & Hebard Architects Inc

Architects

$1.4M

GOLDMANS SACHS

INVESTMENT MANAGER

$911K

Grants received

Showing 200 of 357

FromAmountPurposeYear
$1.0M
Education
2024
$300K
Support of Charitable Purpose
2024
$119K
ELVERA W. BEASON MEMORIAL PARK & SCHOLARSHIPS
2024
$85K
ANNUAL FUND
2024
$56K
DISCETIONARY
2024
$32K
SCHOLARSHIPS
2024
$32K
GENERAL OPERATING
2024
$25K
AF Matching Grant
2024
$24K
TO FUND YOUTH SHOOTHING SPORTS
2024
$20K
CHARITABLE ACTIVITIES
2024
$10K
PROVIDES SUPPORT FOR THIS CO-EDUCATIONAL, RESIDENTIAL INSTITUTION FOR GRADES 9-12 LOCATED IN CULVER, INDIANA.
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$10K
CHARITABLE GIFT
2024
$10K
PROGRAM SUPPORT
2024
$10K
USE AS NEEDED FOR CHARITABLE PURPOSES.
2024
$9K
GENERAL OPERATING
2024
$8K
PROGRAMATIC SUPPORT
2024
$8K
PROGRAMATIC SUPPORT
2024
$8K
SECONDARY & HIGH SCHOOLS
2024
$8K
MULTIPLE GRANTS
2024
$6K
Computer Science and/or Humanities Scholarship Fund
2024
$5K
EDUCATION
2024
$5K
TO PROVIDE CLASSROOM SUPPLIES AND EDUCATIONAL SUPPORT FOR STUDENTS.
2024
$5K
Schools, Colleges and Related Activities
2024
$5K
TO SUPPORT ORGANIZATION IN PROVIDING EDUCATION
2024
$5K
Education
2024
$5K
GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION
2024
$3K
Jolley Family Endowment fund
2024
$3K
GENERAL OPERATING SUPPORT
2024
$1K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$500
FOR GENERAL PURPOSES OF GRANTEE
2024
$250
GENERAL EXEMPT PURPOSE
2024
$100
GENERAL PURPOSE
2024
$100
GENERAL OPERATING SUPPORT
2024
$50
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$365K
For grant recipient's exempt purposes
2023
$300K
Support of Charitable Purpose
2023
$192K
CULTURE & ARTS
2023
$122K
GENERAL CHARITABLE PURPOSES
2023
$91K
ELVERA W. BEASON MEMORIAL PARK & SCHOLARSHIPS
2023
$71K
CULVER ACADEMIES SCHOLARSHIP AND DAYOF GIVING
2023
$55K
SCHOLARSHIP FUND
2023
$40K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$35K
SCHOLARSHIPS
2023
$34K
GENERAL OPERATING
2023
$25K
AF Matching Grant
2023
$25K
GRANT DISTRIBUTION
2023
$20K
UNRESTRICTED GENERAL SUPPORT
2023
$17K
CARE OF ILL, NEEDY, OR MINOR
2023
$15K
COLLEGE EDUCATIONCOLLEGE EDUCATIONCOLLEGE EDUCATION
2023
$15K
GENERAL SUPPORT
2023
$15K
GENERAL SUPPORT OF THE COED SCHOLARSHIP FUND
2023
$15K
GENERAL FUND
2023
$14K
GENERAL SUPPORT
2023
$13K
EDUCATION
2023
$12K
GENERAL OPERATING
2023
$10K
PROVIDES SUPPORT FOR THIS CO-EDUCATIONAL, RESIDENTIAL INSTITUTION FOR GRADES 9-12 LOCATED IN CULVER, INDIANA.
2023
$10K
CHARITABLE DONATION
2023
$10K
Operating Support/Annual Fund
2023
$10K
For performing arts
2023
$10K
PROGRAM SUPPORT
2023
$10K
FOR DAY OF GIVING LEAD DONOR
2023
$10K
CLASS OF 1969 CLASS FUND
2023
$10K
GENERAL MISSION
2023
$10K
USE AS NEEDED FOR CHARITABLE PURPOSES.
2023
$10K
OPERATING EXPENSES
2023
$10K
CHARITABLE ACTIVITIES
2023
$10K
GENERAL USE
2023
$9K
TO SUPPORT EDUCATION/INSTRUCTION
2023
$8K
PROGRAMATIC SUPPORT
2023
$8K
GENERAL SUPPORT
2023
$5K
GENERAL DONATION
2023
$5K
GENERAL OPERATING
2023
$5K
TO SUPPORT ORGANIZATION IN PROVIDING EDUCATION
2023
$5K
GENERAL CONTRIBUTION TO HELP FUND FOUNDATION
2023
$5K
Schools, Colleges and Related Activities
2023
$5K
GENERAL OPERATIONS
2023
$4K
GENERAL OPERATING
2023
$3K
Jolley Family Endowment Fund at the Culver Academies
2023
$3K
PROGRAM/OPERATING SUPPORT
2023
$3K
OPERATIONS
2023
$2K
General & Unrestricted
2023
$2K
PROGRAM/OPERATING SUPPORT
2023
$1K
GENERAL
2023
$1K
EDUCATION
2023
$1K
EDUCATIONAL PURPOSES
2023
$1K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2023
$1K
PROGRAM/OPERATING SUPPORT
2023
$500
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2023
$250
FOR GENERAL PURPOSES OF GRANTEE
2023
$100
GENERAL EXEMPT PURPOSE
2023
$100
MATCHING GIFTS
2023
$88
GENERAL PURPOSE
2023
$5.7M
GENERAL SUPPORT
2022
$447K
For grant recipient's exempt purposes
2022
$349K
PURPOSE OF GRANT - EDUCATIONCONTRIBUTED PROPERTY - BRISOTL MYERS SQUIBB CO(BMY) 4,500 SHARESBOOK VALUE $22,232 (VALUED AT PURCHASE PRICE)FAIR MARKET VALUE $348,548 (VALUED AT AVERAGE OF HI-LOW)DATE OF GIFT - APRIL 14, 2022
2022
$303K
Support of Charitable Purpose
2022
$205K
EDUCATION
2022
$184K
PURPOSE OF GRANT - EDUCATIONCONTRIBUTED PROPERTY - MICROSOFT CORP(MSFT) 650 SHARESBOOK VALUE $1,561 (VALUED AT PURCHASE PRICE)FAIR MARKET VALUE $184,480 (VALUED AT AVERAGE OF HI-LOW)DATE OF GIFT - APRIL 14, 2022
2022
$122K
GENERAL CHARITABLE PURPOSES
2022
$92K
ELVERA W. BEASON MEMORIAL PARK & SCHOLARSHIPS
2022
$86K
PURPOSE OF GRANT - EDUCATIONCONTRIBUTED PROPERTY - MASTERCARD INC CL A(MA) 240 SHARESBOOK VALUE $980(VALUED AT PURCHASE PRICE)FAIR MARKET VALUE $86,378(VALUED AT AVERAGE OF HI-LOW)DATE OF GIFT - APRIL 14, 2022
2022
$71K
CULVER EDUCATIONAL FOUNDATION/CULVER ACADEMIES SCHOLARSHIP
2022
$59K
PURPOSE OF GRANT - EDUCATIONCONTRIBUTED PROPERTY - O REILLY AUTOMOTIVE INC(ORLY) 82 SHARESBOOK VALUE $1,720 (VALUED AT PURCHASE PRICE)FAIR MARKET VALUE $59,137 (VALUED AT AVERAGE OF HI-LOW)DATE OF GIFT - APRIL 14, 2022
2022
$53K
PURPOSE OF GRANT - EDUCATIONCONTRIBUTED PROPERTY - TJX COS INC(TJX) 838 SHARESBOOK VALUE $5,581 (VALUED AT PURCHASE PRICE)FAIR MARKET VALUE $53,196 (VALUED AT AVERAGE OF HI-LOW)DATE OF GIFT - APRIL 14, 2022
2022
$51K
ACADEMY GOLF COURSE ENDOWMENT FUND
2022
$50K
GENERAL SUPPORT - ANNUAL FUND.
2022
$50K
GENERAL OPERATIONS
2022
$42K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$38K
SCHOLARSHIPS
2022
$33K
PROGRAM SUPPORT
2022
$30K
UNRESTRICTED GENERAL SUPPORT
2022
$28K
GENERAL OPERATING
2022
$25K
MATCH OF JOYCE'S '22 DONATIONS
2022
$25K
UNRESTRICTED GENERAL SUPPORT
2022
$25K
AF Matching Grant
2022
$22K
PURPOSE OF GRANT - EDUCATIONCONTRIBUTED PROPERTY - WATERS CORP(WAT) 74 SHARESBOOK VALUE $7,744 (VALUED AT PURCHASE PRICE)FAIR MARKET VALUE $21,985 (VALUED AT AVERAGE OF HI-LOW)DATE OF GIFT - APRIL 14, 2022
2022
$21K
TO FUND YOUTH SHOOTING SPORTS
2022
$18K
GENERAL SUPPORT
2022
$15K
GENERAL SUPPORT
2022
$15K
GENERAL SUPPORT OF THE COED SCHOLARSHIP FUND
2022
$15K
COLLEGE EDUCATIONCOLLEGE EDUCATIONCOLLEGE EDUCATION
2022
$15K
GENERAL FUND
2022
$14K
CARE OF ILL, NEEDY, OR MINOR
2022
$13K
PURPOSE OF GRANT - EDUCATIONCONTRIBUTED PROPERTY - ZIMMER BIOMET HOLDINGS INC(ZBH) 100 SHARESBOOK VALUE $3,102 (VALUED AT PURCHASE PRICE)FAIR MARKET VALUE $12,735 (VALUED AT AVERAGE OF HI-LOW)DATE OF GIFT - APRIL 14, 2022
2022
$10K
GENERAL SUPPORT
2022
$10K
PROGRAM SUPPORT
2022
$10K
OPERATING EXPENSES
2022
$10K
Operating Support/Annual Fund
2022
$10K
PROVIDES SUPPORT FOR THIS CO-EDUCATIONAL, RESIDENTIAL INSTITUTION FOR GRADES 9-12 LOCATED IN CULVER, INDIANA.
2022
$10K
Schools, Colleges and Related Activities
2022
$10K
USE AS NEEDED FOR CHARITABLE PURPOSES.
2022
$10K
GENERAL USE
2022
$10K
PROGRAM SUPPORT
2022
$9K
GENERAL SUPPORT
2022
$9K
TO SUPPORT EDUCATION/INSTRUCTION
2022
$9K
GENERAL SUPPORT
2022
$6K
GENERAL OPERATIONS
2022
$6K
EDUCATIONAL SUPPORT
2022
$5K
TO SUPPORT ORGANIZATION IN PROVIDING EDUCATION
2022
$5K
GENERAL CONTRIBUTION TO HELP FUND FOUNDATION
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$5K
CHARITABLE ACTIVITIES
2022
$4K
GENERAL OPERATING
2022
$2K
PROGRAM/OPERATING SUPPORT
2022
$2K
General & Unrestricted
2022
$2K
PROGRAM/OPERATING SUPPORT
2022
$1K
EDUCATION
2022
$1K
GENERAL
2022
$1K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2022
$500
PROGRAM/OPERATING SUPPORT
2022
$250
FOR GENERAL PURPOSES OF GRANTEE
2022
$200
PROGRAM/OPERATING SUPPORT
2022
$3M
GENERAL SUPPORT
2021
$500K
GENERAL SUPPORT
2021

Funded by

$29.1M from 125 funders · 357 grants · 2017–2024

Conserve School Corporation

$8.7M · 2 grants · 2021–2022

Fidelity Investments Charitable Gift Fund

$5.8M · 8 grants · 2017–2023

The Ayco Charitable Foundation

$2.9M · 5 grants · 2019–2024

Donor Advised Charitable Giving Inc

$1.2M · 7 grants · 2017–2023

National Philanthropic Trust

$1.1M · 6 grants · 2017–2023

Greater Horizons

$1.0M · 1 grant · 2024

Acts 4 32-34

$910K · 6 grants · 2018–2024

Sc & St Butler Charitable Trust

$791K · 8 grants · 2022–2024

Details

EIN350868071
NTEE codeB250
Subsection03
Ruling date1935-07
Formed1894
Employees1104
Volunteers1000
CULVER EDUCATIONAL FOUNDATION — Mission, Financials & Grants Received | Grantivo