EIN 59-1777911

Tennessee Technological University Foundation

Name: Tennessee Technological University Foundation financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Cookeville

State

Tennessee

Year formed

1977

Most recent tax filings

2022-06-01

NTEE code, primary

B82: Scholarships, Student Financial Aid Services

Description

The Tennessee Technological University Foundation contributes to the general welfare of society and TTU as a public benefit corporation, provides private gift support for annual and capital purposes, and promotes TTU. As a non-profit 501(c)(3) corporation, it guides and assists a program of private gift support for TTU. Specifically, it promotes the development of TTU by making purchases, paying for travel, and performing maintenance on behalf of TTU departments per donor requests. Additionally, it transfers funds to TTU for the support of various departments.

Total revenues

$26,869,874

2022

Total expenses

$8,022,927

2022

Total assets

$130,038,853

2022

Num. employees

2022

Program areas at Tennessee Technological University Foundation

Provided funds for scholarships and support of Tennessee Technological University.

Transferred funds to Tennessee Technological University for the support of various departments.

Made purchases, paid for travel, and performed maintenance on behalf of Tennessee Technological University departments, per donor requests.

Who funds Tennessee Technological University Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Fidelity Investments Charitable Gift Fund	2022-06	For Grant Recipient's Exempt Purposes	$4,464,053
Schwab Charitable Fund	2022-06	Education	$561,350
Northeastern University (NU)	2022-06	Sub-Award	$35,176
...and 19 more grants received totalling $5,181,808

Personnel at Tennessee Technological University Foundation

Name	Title	Compensation	Date of data
Claire Stinson	Treasurer	$0	2023-05-11
Philip Oldham	Chair	$0	2022-06-30
Ottis Phillips	Vice - Chair	$0	2022-06-30
Kevin Braswell	Secretary	$0	2022-06-30
J Mark Hutchins	Secretary - Resigned April	$0	2014-06-30

Financials for Tennessee Technological University Foundation

Revenues	FYE 06/2022	FYE 06/2021	% Change
Total grants, contributions, etc.	$21,315,171	$6,520,917	226.9%
Program services	$0	$0	-
Investment income and dividends	$43,555	$34,022	28%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$575	$0	999%
Net rental income	$382,614	$379,354	0.9%
Net gain from sale of non-inventory assets	$3,775,105	$1,482,741	154.6%
Net income from fundraising events	$171,874	$146,294	17.5%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$208	-100%
Miscellaneous revenues	$1,180,980	$1,468,956	-19.6%
Total revenues	$26,869,874	$10,032,492	167.8%

Form 990s for Tennessee Technological University Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2022-06	2023-05-11	990	View PDF
2021-06	2022-05-02	990	View PDF
2020-06	2021-05-20	990	View PDF
2019-06	2020-08-20	990	View PDF
2018-06	2019-06-19	990	View PDF
...and 8 more Form 990s

Organizations like Tennessee Technological University Foundation

Organization	Type	Location	Revenue
The Hillsborough Community College Foundation	501(c)(3)	Tampa, FL	$9,418,496
University System of Maryland Foundation (USMF)	501(c)(3)	Adelphi, MD	$97,078,608
The State College of Florida Foundation	501(c)(3)	Bradenton, FL	$12,356,846
Eastern Illinois University Foundation	501(c)(3)	Charleston, IL	$17,377,290
University of West Georgia Foundation	501(c)(3)	Carrollton, GA	$10,389,838
Missouri Western State University Foundation	501(c)(3)	Saint Joseph, MO	$8,209,226
The Upstate Foundation	501(c)(3)	Syracuse, NY	$16,462,782
Southern Illinois University Foundation (SIUF)	501(c)(3)	Carbondale, IL	$36,415,976
Truman State University Foundation	501(c)(3)	Kirksville, MO	$10,814,478
East Carolina University Foundation	501(c)(3)	Greenville, NC	$28,752,906

Data update history

July 8, 2023

Posted financials

Added Form 990 for fiscal year 2022

June 30, 2023

Updated personnel

Identified 3 new personnel

June 27, 2023

Used new vendors

Identified 1 new vendor, including

May 6, 2023

Received grants

Identified 3 new grant, including a grant for $26,000 from Eastman Foundation

July 2, 2022

Received grants

Identified 1 new grant, including a grant for $2,500 from Ingram-White Castle Foundation

Nonprofit Types

Grantmaking organizationsSchoolsCharities

Issues

Education

Characteristics

Provides grantsLobbyingConservation easementFundraising eventsState / local levelEndowed supportCommunity engagement / volunteeringProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees

General information

Address: Univ Advan Derryberry Hall; Cookeville, TN 38505
County: Putnam County, TN
Website URL: tntech.edu/
Phone: (931) 372-3311
Facebook page: tennesseetech
Twitter profile: @tennesseetech

IRS details

EIN: 59-1777911
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1977
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: B82: Scholarships, Student Financial Aid Services
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Independent

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Tennessee Technological University Foundation

Program areas at Tennessee Technological University Foundation

Who funds Tennessee Technological University Foundation

Personnel at Tennessee Technological University Foundation

Financials for Tennessee Technological University Foundation

Form 990s for Tennessee Technological University Foundation

Organizations like Tennessee Technological University Foundation

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