Program areas at Marshall University Foundation Incorporated
The organization provides support in the form of scholarships and awards to faculty and students related to their educational pursuits at the university
Department and unit operating funds provide additional resources for programs, travel, training, equipment and other miscellaneous purposes on behalf of university departments
The organization provides support to the university broadly and to individual departments in support of their respective education priorities in the form of payroll and stipend support, as well as to designated funds on behalf of departmental and university projects.
Other expenses attributable to program funds in support of the university and departments, and adjustments for bad debts.
Who funds Marshall University Foundation Incorporated
Grants from foundations and other nonprofits
Personnel at Marshall University Foundation Incorporated
| Name | Title | Compensation | Date of data |
|---|
| Dr. Ron Area | Chief Executive Officer Emeritus | | 2024-09-22 |
| Joseph Allwood | Chief Operating Officer | $121,223 | 2023-07-25 |
| Scott Anderson | Chief Financial Officer | | 2024-09-22 |
| Pam Nibert | Vice President of Administration | | 2024-09-22 |
| Lance West | Vice President for Development | | 2024-09-22 |
| ...and 16 more key personnel |
Financials for Marshall University Foundation Incorporated
| Revenues | FYE 06/2024 | FYE 06/2023 | % Change |
|---|
| Total grants, contributions, etc. | $17,609,125 | $23,232,583 | -24.2% |
| Program services | $47,276 | $50,389 | -6.2% |
| Investment income and dividends | $2,640,987 | $1,852,950 | 42.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $30,065 | $25,301 | 18.8% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $1,823,725 | $4,174,086 | -56.3% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $16,200 | $14,442 | 12.2% |
| Miscellaneous revenues | $0 | $18,718,778 | -100% |
| Total revenues | $22,167,378 | $48,068,529 | -53.9% |
Organizations like Marshall University Foundation Incorporated
| Organization | Type | Location | Revenue |
|---|
| Unc Health Foundation | 501(c)(3) | Chapel Hill, NC | $62,934,826 |
| Covenant Health System Foundation | 501(c)(3) | Lubbock, TX | $5,844,452 |
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| The Rams Club | 501(c)(3) | Chapel Hill, NC | $81,777,973 |
| Naples Children and Education Foundation (NCEF) | 501(c)(3) | Naples, FL | $31,306,621 |
| Montana Tech Foundation | 501(c)(3) | Butte, MT | $43,480,742 |
| University of Louisiana Lafayette Foundation | 501(c)(3) | Lafayette, LA | $22,985,201 |
| University of Alaska Foundation | 501(c)(3) | Anchorage, AK | $23,112,587 |
| Santa Fe Community College Foundation | 501(c)(3) | Santa Fe, NM | $5,746,339 |
| UMKC Foundation | 501(c)(3) | Kansas City, MO | $56,327,176 |
Data update history
September 22, 2024
Updated personnel
Identified 12 new personnel
August 10, 2024
Received grants
Identified 26 new grant, including a grant for $600,000 from Maier Foundation May 25, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
School foundationsGrantmaking organizationsCorporate foundationsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationProvides grantsNational levelEndowed supportTax deductible donationsAccepts online donations
General information
- Address
- 519 John Marshall Dr
- Huntington, WV 25703
- Metro area
- Huntington-Ashland, WV-KY-OH
- County
- Cabell County, WV
- Website URL
- formarshallu.org/Â
- Phone
- (304) 696-6264
- Facebook page
- marshallfoundationÂ
- Twitter profile
- @mufoundationÂ
IRS details
- EIN
- 55-6011111
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1947
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B11: Education Single Organization Support
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Central organization
California AB-488 details
- AB 488 status
- May Operate or Solicit for Charitable Purposes
- Charity Registration status
- Current - Awaiting Reporting
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0233559
- FTB Entity ID
- None yet
- AB 488 data last updated ("as-of") date
- 2025-04-16
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