Wright State University Foundation
Wright State University Foundation reported $22.3 million in revenue and $9.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $69.82 went to program services, $22.97 to management and general costs and $7.21 to fundraising. Its largest source of revenue was investment income: 58.9% of the total. The highest compensation it reported for one person was $329,766 (President & CEO). 2 people received more than $100,000 in reportable compensation. Revenue rose 40% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $9.6MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $22MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 69.8% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 23.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 7.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.08 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 37.8% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $329,766 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 3.44% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 2 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 236.8 | 13.3 |
| Independent voting board members Part VI 1a–1b | 30 of 30 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseScholarships: students at Wright State University receive a quality education that is paid partly by tuition and partly by state subsidy. The latter revenue source has declined in recent years thereby making it more difficult to finance a college education. Although Wright State remains one of the most affordable public institutions in ohio, the foundation seeks to offset the loss of state tuition subsidies by raising private contributions in support of student tuition payments
University programs: donated resources for various academic and support functions at Wright State University allows administrators flexibility to deliver quality programs to their constituencies. These contributions supplement the university's budget allocation and allow program managers to offer unique and creative learning opportunities for students. During the current year, 24% of expenses in this area related to partial or complete support of program personnel that otherwise would not have been supported by the university's operating budget. Proceeds in this area are also used to…
Athletic programs: through its athletic programs, Wright State offers its students the opportunity to compete on one of its twelve ncaa division one men's and women's sports teams. These programs seek to transform the lives of its student-athletes, building a solid foundation for student success at all levels. Athletics is committed helping its student-athletes develop as people, students and athletes - in that order - as well as supporting the mission of Wright State
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President & CEO Officer, 40.0 hrs/week | $271,781 | $0 | $57,985 | $329,766 |
| CFO (UNTIL 4/30/2025) Officer, 40.0 hrs/week | $137,677 | $0 | $26,544 | $164,221 |
| Executive Director Officer, 40.0 hrs/week | $69,309 | $0 | $7,913 | $77,222 |
2 people received more than $100,000 in reportable compensation from Wright State University Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $550K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b30 · 30 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 510
- Volunteers Part I, line 640
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| SEI Investment manager | $644,322 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Private foundation grants it received
8 private foundations reported grants to Wright State University Foundation totaling $71,980 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Wright State University Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Wright State University Foundation, you can publish a response that is linked from this page.
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Of every $100 Wright State University Foundation spent in FY2025, $69.82 went to programs. The full breakdown, from its IRS Form 990:
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- Virginia Commonwealth University FoundatRichmond, VA · revenue $22M · programs 93.9% · FY2025
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Questions people ask
How much of Wright State University Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Wright State University Foundation reported that 69.8% of its $9.6 million in expenses went to program services, 23.0% to management and general and 7.2% to fundraising (Form 990, Part IX).
How much does Wright State University Foundation pay its top executive?
The largest total compensation Wright State University Foundation reported for one person in the fiscal year ending June 30, 2025 was $329,766, for the role of President & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Wright State University Foundation get its money?
Of $22.3 million in revenue in the fiscal year ending June 30, 2025, 37.8% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Wright State University Foundation a registered charity?
The IRS lists EIN 23-7019799 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601339349309710 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531349349307233 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411369349311921 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301359349314960 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211369349306121 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121349349304012 · read the filing
All filings for EIN 23-7019799: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.