NonprofitsLake Superior State University Foundation

Education

Lake Superior State University Foundation

SAULT S MARIE, MI

Total revenue

$8.6M

Total expenses

$3.0M

Net assets

$32.7M

Grants received

$443K

44 grants

EIN

382576021

Tax year

2024

Mission

The Lake Superior State University Foundation's sole purpose is to promote, receive, manage, and disburse donations and contributions for the benefit of Lake Superior State University.

Financials

FY 2024

Revenue

Contributions & grants$3.8M
Program service revenue
Investment income$4.8M
Other revenue
Total revenue$8.6M

Expenses

Grants paid$2.5M
Salaries & benefits$273K
Fundraising$18K
Other expenses$179K
Total expenses$3.0M
Total assets$32.7M
Net assets$32.7M

People

23 listed

NameRoleCompensation

Scott P Smith

Vice President of Advancement

Board

7.06 hrs/wk

Edward F Smith

Chair & Executive Committee

Board

0

Carol Andary

Board Member-Executive Committee

Board

0

Brittany Barrett

Board Member

Board

0

H James Bourque

Emeritus

Board

0

Joseph Breed

Board Member-Executive Committee-Secretary

Board

0

Jennifer Brown

Board Member

Board

0

Anthony Damiano

Board Member-Executive Committee

Board

0

Megan Fenlon

Board Member

Board

0

Jason Garvon

Board Member

Board

0

Ted Haapala

Board Member

Board

0

Robert Kjolhede

Board Member-Executive Committee

Board

0

Ashley O'Dwyer

Board Member

Board

0

Thomas G Robinson

Board Member

Board

0

David Saunders

Board Member

Board

0

Charles Schmidt

Board Member-Executive Committee

Board

0

Ken Williams

Board Member

Board

0

Michael Wyse

Board Member

Board

0

Maurice Walworth

Treasurer

Board

0

Dr David Travis

Second Vice Chair

Board

0

Kevin Cooper

Board Member

Board

0

Tim Lukenda

Board Member

Board

0

Sharon Dorrity

Secretary of Board/Coord Donor Relations

Staff

40 hrs/wk

Grants received

Showing 44 of 44

FromAmountPurposeYear
$58K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$12K
GENERAL OPERATING FUND
2024
$10K
MULTIPLE GRANTS AWARDED
2024
$250
MATCHING GIFTS
2024
$75K
For grant recipient's exempt purposes
2023
$12K
GENERAL FUND
2023
$9K
SEE STATEMENT 3.
2023
$2K
OTHER CIVIC / COMMUNITY
2023
$500
EDUCATIONAL INSTITUTIONS AND RELATED ACTIVITIES
2023
$250
DOLLARS FOR DOERS
2023
$150
EMPLOYEE GIVING PROGRAM
2023
$12K
GENERAL SUPPORT
2022
$9K
SEE STATEMENT 3.
2022
$2K
MIP PAYOUT FOR 01/27/2022
2022
$175
EMPLOYEE GIVING PROGRAM
2022
$175
EMPLOYEE GIVING PROGRAM
2022
$175
EMPLOYEE GIVING PROGRAM
2022
$150
EMPLOYEE GIVING PROGRAM
2022
$10K
SEE STATEMENT 3.
2021
$500
OPERATIONAL
2021
$175
EMPLOYEE GIVING PROGRAM
2021
$150
EMPLOYEE GIVING PROGRAM
2021
$150
EMPLOYEE GIVING PROGRAM
2021
$50K
PROGRAM SUPPORT
2020
$10K
SEE STATEMENT 3.
2020
$2K
EMPLOYEE GIVING PROGRAM
2020
$150
For the general purposes or other charitable purposes of the organization.
2020
$9K
SEE STATEMENT 3.
2019
$75K
For grant recipient's exempt purposes
2018
$10K
RESEARCH AND EDUCATION
2018

Funded by

$443K from 20 funders · 44 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$150K · 2 grants · 2018–2023

The Us Charitable Gift Trust

$58K · 1 grant · 2024

Harry A And Margaret D Towsley

$50K · 1 grant · 2020

Michigan Center For Rural Health

$48K · 5 grants · 2019–2023

American Online Giving Foundation Inc

$34K · 4 grants · 2021–2024

Wild Shore Foundation

$24K · 2 grants · 2023–2024

Donor Advised Charitable Giving Inc

$17K · 3 grants · 2021–2023

The Allegan County Community Foundation

$15K · 2 grants · 2022–2023

Details

EIN382576021
NTEE codeB43I
Subsection03
Ruling date1985-08
Formed1983
Employees0
Volunteers0
LAKE SUPERIOR STATE UNIVERSITY FOUNDATION — Mission, Financials & Grants Received | Grantivo