NonprofitsMidwestern State University Foundation Inc

Education

Midwestern State University Foundation Inc

WICHITA FALLS, TX

Total revenue

$6.1M

Total expenses

$3.6M

Net assets

$79.9M

Grants received

$1.2M

40 grants

EIN

751101337

Tax year

2023

Mission

To receive contributions by means of donations, gifts, and bequests and to expend such funds for the advancement of the literary, scientific, and other educational endeavors of Midwestern State University, a tax exempt institution of higher learning.

Programs

1 program

Funding of various special projects of the University.

Expenses: $1.9MGrants: $1.9M

Financials

FY 2023

Revenue

Contributions & grants$919K
Program service revenue
Investment income$5.2M
Other revenue$910
Total revenue$6.1M

Expenses

Grants paid$2.8M
Salaries & benefits
Fundraising
Other expenses$768K
Total expenses$3.6M
Total assets$79.9M
Net assets$79.9M

People

14 listed

NameRoleCompensation

Kevin O'Connell

Chairman

Board

2 hrs/wk

Anthony Inman

Vice Chairman

Board

1 hrs/wk

David Welch

Treasurer

Board

1 hrs/wk

Teresa Caves

Secretary

Board

1 hrs/wk

Darrell Coleman

Trustee

Board

1 hrs/wk

Reno Gustafson

Trustee

Board

1 hrs/wk

Mac Cannedy Jr

Trustee

Board

1 hrs/wk

Erwin Davenport

Trustee

Board

1 hrs/wk

Kay Yeager

Trustee

Board

1 hrs/wk

Martha Fain

Trustee

Board

1 hrs/wk

Butch Ford

Trustee

Board

1 hrs/wk

Brian Hooker

Trustee

Board

1 hrs/wk

Tyrone Moore

Trustee

Board

1 hrs/wk

Tyler Sales

Trustee

Board

1 hrs/wk

Independent contractors

American National Bank (CYE 123123)

Investment Services

$164K

Stifel (CYE 123123)

Investment Services

$123K

Grants received

Showing 40 of 40

FromAmountPurposeYear
$800K
RENOVATION PROJECT
2024
$31K
Educational
2024
$20K
2024 YOUNG ENGINEER SUMMER (YES) CAMP
2024
$7K
AMERICORP SUB-GRANT
2024
$1K
GENERAL EXEMPT PURPOSE
2024
$1K
GENERAL OPERATING PURPOSE
2024
$45K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$13K
ROAD TO COLLEGE PROGRAM TO PROMOTE IMPORTANCE OF POST-SECONDARY EDUCATION WITHIN THE COMMUNITY
2023
$11K
For grant recipient's exempt purposes
2023
$5K
ROAD TO COLLEGE AND TUITION ASSISTANCE
2023
$5K
JAMES DAN MORAN MEMORIAL SCHOLARSHIP
2023
$500
SCHOLARSHIPS FOR STUDENTS IN THE DILLARD COLLEGE OF BUSINESS ADMINISTRATION
2023
$500
GENERAL OPERATING PURPOSE
2023
$500
GENERAL OPERATING PURPOSE
2023
$40K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2022
$13K
ROAD TO COLLEGE PROGRAM TO PROMOTE IMPORTANCE OF POST-SECONDARY EDUCATION WITHIN THE COMMUNITY
2022
$10K
SCHOLARSHIPS
2022
$5K
JAMES DAN MORAN MEMORIAL SCHOLARSHIP
2022
$2K
MATCHING GIFT TO EDUCATION
2022
$500
GENERAL OPERATING PURPOSES
2022
$500
SCHOLARSHIPS FOR STUDENTS IN THE DILLARD COLLEGE OF BUSINESS ADMINISTRATION
2022
$48K
For recipient's exempt purpose
2021
$5K
JAMES DANA MORAN MEMORIAL SCHOLARSHIP
2021
$500
SCHOLARSHIPS FOR STUDENTS IN THE DILLARD COLLEGE OF BUSINESS ADMINISTRATION
2021
$15K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$7K
For grant recipient's exempt purposes
2020
$5K
JAMES DANA MORAN MEMORIAL SCHOLARSHIP
2020
$600
SCHOLARSHIPS FOR STUDENTS IN THE DILLARD COLLEGE OF BUSINESS ADMINISTRATION
2020
$10K
COVID-19 EMERGENCY AID
2019
$5K
JAMES DANA MORAN MEMORIAL SCHOLARSHIP
2019
$600
SCHOLARSHIPS FOR STUDENTS IN THE DILLARD COLLEGE OF BUSINESS ADMINISTRATION
2019
$600
SCHOLARSHIPS FOR STUDENTS IN THE DILLARD COLLEGE OF BUSINESS ADMINISTRATION
2017

Funded by

$1.2M from 21 funders · 40 grants · 2017–2024

James N Mccoy Foundation

$800K · 1 grant · 2024

Vanguard Charitable Endowment Program

$108K · 3 grants · 2020–2023

National Philanthropic Trust

$60K · 3 grants · 2021–2023

Wichita Falls Area Community

$31K · 1 grant · 2024

Rotary International Sw Wichita Falls

$26K · 2 grants · 2022–2023

James D & Kay Y Moran Foundation

$25K · 5 grants · 2019–2023

Details

EIN751101337
NTEE codeB43
Subsection03
Ruling date1961-01
Formed1960
Employees0
Volunteers0
MIDWESTERN STATE UNIVERSITY FOUNDATION INC — Mission, Financials & Grants Received | Grantivo