Appalachian State University Foundation
Appalachian State University Foundation reported $39.1 million in revenue and $30.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.73 went to program services, $3.87 to management and general costs and $5.40 to fundraising. Its largest source of revenue was contributions and grants: 93.3% of the total. The highest compensation it reported for one person was $413,841 (BOARD MEMBER). Revenue rose 113% 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 $31MFor 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 $39MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.9% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 5.4% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 93.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $413,841 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.35% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 100.0 | 13.3 |
| Independent voting board members Part VI 1a–1b | 17 of 20 | 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 expenseSupport provided to Appalachian State University to support academic operating budgets, faculty and staff salaries/supplements and other events, and in-kind donations
Support provided to Appalachian State University for scholarships
Program and scholarship support provided to Appalachian State University athletics
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 |
|---|---|---|---|---|
| BOARD MEMBER Director/trustee, 1.00 hrs/week | $0 | $398,096 | $15,745 | $413,841 |
| PRESIDENT Director/trustee, officer, 30.00 hrs/week | $0 | $236,234 | $80,833 | $317,067 |
| EXECUTIVE DIRECTOR OF ALUMNI AFFAIRS Highest compensated employee, 30.00 hrs/week | $0 | $184,096 | $57,539 | $241,635 |
| ASSISTANT VICE CHANCELLOR Officer, 30.00 hrs/week | $0 | $148,553 | $48,114 | $196,667 |
| ASSISTANT VICE CHANCELLOR OF GIFT PLANNING/ REAL E Highest compensated employee, 30.00 hrs/week | $0 | $130,817 | $41,649 | $172,466 |
| GIFT OFFICE, WCOB Highest compensated employee, 30.00 hrs/week | $0 | $150,340 | $13,714 | $164,054 |
| EXECUTIVE DIRECTOR OF DONOR ENGAGEME Highest compensated employee, 30.00 hrs/week | $0 | $141,277 | $9,953 | $151,230 |
| SENIOR EXECUTIVE DIRECTOR OF DEVELOPMENT Highest compensated employee, 30.00 hrs/week | $0 | $122,871 | $12,457 | $135,328 |
0 people received more than $100,000 in reportable compensation from Appalachian State University Foundation (Part VII, line 2).
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–1b20 · 17 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 15aNo
- Board given the 990 before filing Part VI 11aNo
- 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 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 6100
Private foundation grants it received
30 private foundations reported grants to Appalachian State University Foundation totaling $627K 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 Appalachian 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 Appalachian State University Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Appalachian State University Foundation spent in FY2025, $90.73 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Thomas Aquinas CollegeSanta Paula, CA · revenue $39M · programs 85.8% · FY2025
- Notre Dame CollegeSouth Euclid, OH · revenue $39M · programs 86.2% · FY2024
- Spring Hill CollegeMobile, AL · revenue $39M · programs 89.3% · FY2025
- Marlborough SchoolLos Angeles, CA · revenue $39M · programs 85.9% · FY2025
- Holy Cross CollegeNotre Dame, IN · revenue $39M · programs 88.8% · FY2025
All education charities · Largest charities in North Carolina
Questions people ask
How much of Appalachian State University Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Appalachian State University Foundation reported that 90.7% of its $30.6 million in expenses went to program services, 3.9% to management and general and 5.4% to fundraising (Form 990, Part IX).
How much does Appalachian State University Foundation pay its top executive?
The largest total compensation Appalachian State University Foundation reported for one person in the fiscal year ending June 30, 2025 was $413,841, for the role of BOARD MEMBER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Appalachian State University Foundation get its money?
Of $39.1 million in revenue in the fiscal year ending June 30, 2025, 93.3% came from contributions and grants and 0.7% from program service revenue (Form 990, Part VIII).
Is Appalachian State University Foundation a registered charity?
The IRS lists EIN 23-7099379 as a 501(c)(3) organization (organization operated for a governmental college or university), 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 202610589349300441 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202510309349301236 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202430889349300128 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202310909349301111 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220879349300732 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100929349301100 · read the filing
All filings for EIN 23-7099379: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.