Wright State University Foundation
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Wright State University Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
According to Wright State University Foundation, Inc., its mission is "to partner with Wright State University in promoting and facilitating a culture of engagement and philanthropy by raising funds and managing and distributing the resources entrusted to us in support of the university's mission and priorities."
Year, State Incorporated:
1966, OH
Also Known As:
W S U Foundation
Wright State University Foundation, Inc. provides fund raising and gift management for Wright State University.
For the year ended June 30, 2023, Wright State University Foundation's program expenses were:
| Programs | $7,592,887 |
| Total Program Expenses | $7,592,887 |
Chief Executive
Scott Rash, President/CEO
Chair of the Board
Linda Black-Kurek
Chair's Profession / Business Affiliation
LIberty Health Care Corporation
Board Size
38
Paid Staff Size
8
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Wright State University Foundation's audited financial statements - consolidated for the year ended June 30, 2023.
Source of Funds
| Investment Earnings | $10,714,188 |
| Gifts and Contributions | $9,182,669 |
| Other Income | $451,293 |
| Change in Value of Split Interest Agreements | $-51,183 |
| Total Income | $20,296,967 |
Programs: 78% Fundraising: 8% Administrative: 14%
| Total Income | $20,296,967 |
| Total expenses: | $9,677,173 |
| Program expenses | $7,592,887 |
| Fundraising expenses | $761,439 |
| Administrative expenses | $1,322,847 |
| Other expenses | $0 |
| Income in Excess of Expenses | $10,619,794 |
| Beginning Net Assets | $145,589,659 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $156,209,453 |
| Total Liabilities | $3,933,667 |
| Total Assets | $160,143,120 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB of Dayton and Miami Valley