EIN 31-1003236

Morehead State University Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
1979
Most recent tax filings
2023-06-01
NTEE code, primary
Description
The Morehead State University Foundation supports the university through fundraising and administrative support. Its mission is to provide funding to assist MSU in reaching its goals, and it prudently administers all of the foundation's assets. The foundation has an endowment fund that provides support for professorships, chairs, and research projects. Additionally, it manages the Eagle athletic fund which provides assistance to MSU's sports programs.
Also known as...
MSU Foundation
Total revenues
$6,483,169
2023
Total expenses
$6,288,780
2023
Total assets
$75,848,542
2023
Num. employees
3
2023

Program areas at Morehead State University Foundation

General fund - provided assistance to the various academic programs at Morehead State University.
Eagle athletic fund - provided assistance to the various sports programs at Morehead State University.
Scholarship fund - provided scholarships for eligible students at Morehead State University.
Endowment fund - provided support to Morehead State University for professorships, chairs, and research projects.

Who funds Morehead State University Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Joseph W Craft Iii FoundationCharitable$950,000
National Philanthropic TrustEducation$476,507
J Rogers Badgett SR FoundationScholarships$150,000
...and 16 more grants received

Personnel at Morehead State University Foundation

NameTitleCompensation
Richard L HesterbergChief Executive Officer
James A ShawPast Msu Foundation Chief Executive Officer and Msu Vice President for University Advancement / Msu Foundation Chief Executive Officer / President , Chief Executive Officer$32,265
Rick HesterbergPast Chief Executive Officer$0
Sherry SurmontMsu Foundation Board Secretary$0
Mattie Beth PatrickPast Treasurer$0

Financials for Morehead State University Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$4,928,535
Program services$0
Investment income and dividends$577,380
Tax-exempt bond proceeds$0
Royalty revenue$25,647
Net rental income$0
Net gain from sale of non-inventory assets$280,770
Net income from fundraising events$-12,964
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$683,801
Total revenues$6,483,169

Form 990s for Morehead State University Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-08990View PDF
2022-062022-11-09990View PDF
2021-062021-11-05990View PDF
2020-062021-03-31990View PDF
2019-062020-01-24990View PDF
...and 9 more Form 990s

Organizations like Morehead State University Foundation

OrganizationLocationRevenue
Danville Community College Educational FoundationDanville, VA$1,971,956
Barton County Community College FoundationGreat Bend, KS$2,226,558
Siue FoundationEdwardsville, IL$8,733,295
Northwest Florida State College FoundationNiceville, FL$4,377,130
Bristol Community College FoundationFall River, MA$2,292,691
SMCM FoundationSt Marys City, MD$6,696,273
Northeastern Illinois University FoundationChicago, IL$2,438,965
Union County College FoundationCranford, NJ$2,036,985
St Catherine's School FoundationRichmond, VA$10,869,788
Illinois State University FoundationNormal, IL$28,959,015
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
January 21, 2024
Updated personnel
Identified 3 new personnel
December 23, 2023
Received grants
Identified 2 new grant, including a grant for $950,000 from Joseph W Craft Iii Foundation
August 19, 2023
Received grants
Identified 10 new grant, including a grant for $950,000 from Joseph W Craft Iii Foundation
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsOperates internationallyState / local levelEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
150 University Blvd
Morehead, KY 40351
Metro area
Huntington-Ashland, WV-KY-OH
County
Rowan County, KY
Phone
(606) 783-2599
IRS details
EIN
31-1003236
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Morehead State University Foundation has new information, or want to find more organizations like Morehead State University Foundation?

Create free Cause IQ account