NonprofitsIndiana Wesleyan University

Education

Indiana Wesleyan University

MARION, IN

Total revenue

$269.1M

Total expenses

$223.1M

Net assets

$625.7M

Grants received

$33.5M

237 grants

EIN

350885591

Tax year

2024

Mission

Indiana wesleyan university is a christ-centered academic community committed to changing the world by developing students in character, scholarship, and leadership

Financials

FY 2024

Revenue

Contributions & grants$46.0M
Program service revenue$209.5M
Investment income$12.6M
Other revenue$939K
Total revenue$269.1M

Expenses

Grants paid$38.0M
Salaries & benefits$100.6M
Fundraising$2.7M
Other expenses$84.4M
Total expenses$223.1M
Total assets$685.7M
Net assets$625.7M

People

38 listed

NameRoleCompensation

Jonathan S Kulaga

University President

Board

$319K

39 hrs/wk

Tiffany Lewis

Interim CFO (End 7/7/24)

Board

$125K

40 hrs/wk

Jeff Rayis

CFO (Beg 7/8/24)

Board

$105K

40 hrs/wk

Diane Foley

Trustee

Board

1 hrs/wk

Donald Cady

Trustee

Board

1 hrs/wk

Gary Ott

Trustee

Board

1 hrs/wk

James Poore II

Trustee (End 12/31/24)

Board

1 hrs/wk

Jeffrey Freeman

Trustee (End 12/9/24)

Board

1 hrs/wk

Johanna Rugh

Trustee

Board

1 hrs/wk

Kent Morgan

Trustee (Beg 5/7/25)

Board

1 hrs/wk

Kevin Myers

Trustee

Board

1 hrs/wk

Michael Carmichael

Trustee

Board

1 hrs/wk

Michael Colaw

Trustee

Board

1 hrs/wk

Paul Anthes

Trustee

Board

1 hrs/wk

Petra Ray

Trustee (End 3/31/25)

Board

1 hrs/wk

Ryan Frank

Trustee

Board

1 hrs/wk

Sharon Epps

Trustee

Board

1 hrs/wk

Stephen Laudermilch

Trustee

Board

1 hrs/wk

Steven DeNeff

Trustee

Board

1 hrs/wk

Steven Edmondson

Trustee

Board

1 hrs/wk

Thomas Schmidt

Trustee

Board

1 hrs/wk

Trey Rohrman

Trustee (Beg 5/7/25)

Board

1 hrs/wk

Wayne Schmidt

Trustee

Board

1 hrs/wk

Yaremi Alicea Morales

Trustee (End 5/5/25)

Board

1 hrs/wk

Dale Sloan

Trustee

Board

1 hrs/wk

Cindy Krall

Trustee

Board

1 hrs/wk

Christopher Conrad

Trustee

Board

1 hrs/wk

Carl Shepherd

Trustee

Board

1 hrs/wk

Brian Harlow

Trustee

Board

1 hrs/wk

David Dimmich

Trustee

Board

1 hrs/wk

Barry Hines

Trustee

Board

1 hrs/wk

Debbye Turner Bell

Trustee

Board

1 hrs/wk

Eulala Eileen Hulme

Chancellor of National Global

Staff

$171K

39 hrs/wk

Greg Tonagel

Head Coach, Men's Basketball

Staff

$170K

40 hrs/wk

Tod Dalberg

EVP/Chief Innovation & Strategy Officer

Staff

$165K

40 hrs/wk

Robert Friberg

Professor/Program Director, DPT

Staff

$150K

40 hrs/wk

Karen Dowling

Exec VP/Chief People & Culture Officer

Staff

$148K

40 hrs/wk

Warren Rogers

Professor, Blanchard Endowed Chair

Staff

$146K

40 hrs/wk

Independent contractors

Google LLC

Advertising Services

$6.9M

Slingshot LP

Bookstore

$5.6M

Pioneer College Caterers

Food Service

$5.2M

EchoPoint Media

Media Services

$4.4M

Vesta Technology Solutions LLC

Recruitment

$4.0M

Grants received

Showing 200 of 237

FromAmountPurposeYear
$2.3M
GENERAL PURPOSE
2024
$217K
UNRESTRICTED GENERAL
2024
$199K
COLLEGES AND UNIVERSITIES
2024
$100K
EDUCATION
2024
$55K
INCREASE NURSING EDUCATION OPPORTUNITIES FOR INDIVIDUALS FROM DISADVANTAGED BACKGROUNDS
2024
$50K
PROMOTION OF CHRISTIAN FAITH
2024
$20K
SCHOLARSHIP GRANTS
2024
$15K
ORGANIZATIONAL SUPPORT
2024
$12K
SCHOLARSHIP
2024
$6K
CHARITABLE SUPPORT
2024
$6K
OPERATING GRANT AND GENERAL PURPOSES
2024
$4K
SCHOLARSHIPS
2024
$2K
CHARITABLE
2024
$2K
EDUCATIONAL
2024
$2.6M
CHRISTIAN PARENTING &CAREGIVING INIT
2023
$1.3M
THRIVING CONGREGATIONS INITIATIVE
2023
$959K
Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the Grant/Contract
2023
$702K
IWU SCHOOL OF ENGINEERING EQUIPMENT
2023
$537K
For grant recipient's exempt purposes
2023
$360K
GENERAL PURPOSE
2023
$360K
GENERAL PURPOSE
2023
$345K
EARLY YEARS INITIATIVE
2023
$250K
COLLEGES & COMMUNITIES INITIATIVE
2023
$250K
CHRISTIAN PARENTING &CAREGIVING INIT
2023
$161K
UNRESTRICTED GENERAL
2023
$100K
IMPROVING READING INSTRUCTION IN IN
2023
$100K
EDUCATION
2023
$54K
INCREASE NURSING EDUCATION OPPORTUNITIES FOR INDIVIDUALS FROM DISADVANTAGED BACKGROUNDS
2023
$50K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$50K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2023
$28K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$21K
CHARITABLE DONATION
2023
$15K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2023
$15K
23 NAIA SPONSORSHIP
2023
$6K
CHARITABLE SUPPORT
2023
$5K
SCHOLARSHIP
2023
$5K
SPONSORSHIP
2023
$5K
GETTING READY FOR READI 2.0
2023
$5K
SCHOLARSHIPS
2023
$4K
SCHOLARSHIPS
2023
$3K
SCHOLARSHIP
2023
$2K
Matching Grant
2023
$2K
FWE INTEGRATION
2023
$2K
Educational assistance
2023
$2K
SCHOLARSHIP
2023
$2K
OTHER CIVIC / COMMUNITY
2023
$950
TO SUPPORT THE ORGANIZATION IN CARRYING OUT THEIR EXEMPT PURPOSE
2023
$650
Scholarship for Chloe Lynn
2023
$100
OTHER CIVIC / COMMUNITY
2023
$100
OTHER CIVIC / COMMUNITY
2023
$2.2M
CHRISTIAN PARENTING &CAREGIVING INIT
2022
$1.5M
YOUNG ADULT INITIATIVE
2022
$1.3M
Reimbursing schools for Teacher stipends, supplies, and equipment that are related to the purpose of the grant/Contract
2022
$1000K
YOUTH PROGRMS ON IN COLLEGE CAMPUSES
2022
$998K
CHRISTIAN PARENTING &CAREGIVING INIT
2022
$540K
For grant recipient's exempt purposes
2022
$244K
UNRESTRICTED GENERAL
2022
$227K
GENERAL PURPOSE
2022
$211K
IWU SCHOOL OF ENGINEERING EQUIPMENT
2022
$100K
EDUCATION
2022
$100K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2022
$66K
INCREASE NURSING EDUCATION OPPORTUNITIES FOR INDIVIDUALS FROM DISADVANTAGED BACKGROUNDS
2022
$50K
CHRISTIAN PARENTING &CAREGIVING INIT
2022
$45K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$20K
GENERAL SUPPORT
2022
$17K
General Support
2022
$15K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$13K
WORSHIP RENEWAL PROJECT
2022
$12K
MATCHING GRANT
2022
$10K
CHARITABLE DONATION
2022
$10K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2022
$8K
GENERAL SUPPORT
2022
$6K
Competitive Shooting
2022
$6K
EDUCATION
2022
$6K
CHARITABLE SUPPORT
2022
$6K
EDUCATION
2022
$5K
SCHOLARSHIPS
2022
$5K
SCHOLARSHIP
2022
$4K
SCHOLARSHIPS
2022
$3K
EMPLOYEE MATCHING GIFT DONATION
2022
$2K
Educational assistance
2022
$2K
TO SUPPORT THE ORGANIZATION IN CARRYING OUT THEIR EXEMPT PURPOSE
2022
$2K
MIP PAYOUT FOR 02/07/2022
2022
$2K
COLLEGE EDUCATION
2022
$1K
SCHOLARSHIP
2022
$100
MIP PAYOUT FOR 01/27/2022
2022
$1000K
PATHWAYS FOR TOMORROW INITIATIVE
2021
$212K
UNRESTRICTED GENERAL
2021
$200K
EDUCATION
2021
$150K
GENERAL PURPOSE
2021
$60K
For recipient's exempt purpose
2021
$50K
PATHWAYS FOR TOMORROW INITIATIVE
2021
$50K
YOUTH PROGRMS ON IN COLLEGE CAMPUSES
2021
$31K
For grant recipient's exempt purposes
2021
$31K
For grant recipient's exempt purposes
2021
$31K
Charitable Grant
2021
$30K
GROWTH
2021
$28K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2021
$15K
INCREASE NURSING EDUCATION OPPORTUNITIES FOR INDIVIDUALS FROM DISADVANTAGED BACKGROUNDS
2021
$9K
SCHOLARSHIPS
2021
$5K
CHARITABLE SUPPORT
2021
$3K
Educational assistance
2021
$2K
matching grant
2021
$200
TO SUPPORT THE ORGANIZATION IN CARRYING OUT THEIR EXEMPT PURPOSE
2021
$2.5M
CHARTING THE FUTURE INITIATIVE
2020
$299K
HIGH SCHL YOUTH THEOLOGY INITIATIVE
2020
$250K
EDUCATION
2020
$212K
UNRESTRICTED GENERAL
2020
$150K
GENERAL PURPOSE
2020
$115K
IN FURTHERANCE OF FOUNDATION'S PURPOSES
2020
$34K
EDUCATION
2020
$33K
General Support
2020
$30K
GROWTH
2020
$29K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2020
$25K
FOR INSPIRING OTHERS IN GENEROSITY.
2020
$25K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$19K
EMERGENCY GRANT AID FOR STUDENTS
2020
$16K
For grant recipient's exempt purposes
2020
$10K
GENERAL SUPPORT
2020
$9K
WORSHIP RENEWAL PROJECT
2020
$8K
SCHOLARSHIP FOR COLLEGE STUDENT
2020
$7K
Charitable Grant
2020
$5K
GENERAL PURPOSE
2020
$5K
GENERAL PURPOSE
2020
$5K
SCHOLARSHIP FUND AND TERRY MUNDAY FUND
2020
$4K
SCHOLARSHIPS
2020
$3K
SCHOLARSHIP(S) FOR RECIPIENT(S) PAID DIRECTLY TO SCHOOL
2020
$2K
Matching Grant
2020
$2K
COLLEGE EDUCATION
2020
$2K
EMPLOYEE MATCHING GRANT
2020
$1K
MIP PAYOUT FOR 02/10/20
2020
$1K
EMPLOYEE MATCHING GIFTS
2020
$1K
SCHOLARSHIP
2020
$1K
SCHOLARSHIPS
2020

Funded by

$33.5M from 96 funders · 237 grants · 2017–2024

Lilly Endowment Inc

$15.2M · 16 grants · 2018–2023

Wesleyan Retirement Center

$4.5M · 4 grants · 2018–2023

Walt & Teri Bettinger Foundation

$3.7M · 7 grants · 2018–2024

University of Indianapolis

$2.2M · 2 grants · 2022–2023

Fidelity Investments Charitable Gift Fund

$1.2M · 8 grants · 2017–2023

Tr Indiana Wesleyan U-W Cmsg

$1.0M · 5 grants · 2020–2024

Natl Christian Charitable Fdn Inc

$1.0M · 5 grants · 2020–2024

8020 Foundation Trust

$913K · 2 grants · 2022–2023

Details

EIN350885591
NTEE codeB42Z
Subsection03
Ruling date1951-07
Formed1920
Employees3690
Volunteers435
INDIANA WESLEYAN UNIVERSITY — Mission, Financials & Grants Received | Grantivo