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Wichita State University Foundation

Wichita, KS · EIN 48-6121167 · 501(c)(3) · Organization operated for a governmental college or university
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Wichita State University Foundation reported $48.6 million in revenue and $30.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $74.04 went to program services, $13.02 to management and general costs and $12.94 to fundraising. Its largest source of revenue was contributions and grants: 51.3% of the total. The highest compensation it reported for one person was $394,359 (PRESIDENT/CE). 4 people received more than $100,000 in reportable compensation. Revenue rose 63% 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 $30M

For 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 $49M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
74.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
13.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
12.9%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.16$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
51.3%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$394,359$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.30%1.28%
People paid over $100,000
Part VII, line 2
48
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
158.413.3
Independent voting board members
Part VI 1a–1b
18 of 19100.0%

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 expense
$8.5M expenses · 38.0% of program spending · grants $8.4M

The foundation awards scholarships to students for use in attending Wichita State University in accordance with provisions established by the donor

$14M expenses · 62.0% of program spending

The foundation provides for faculty salary support, departmental operating expenses, and building construction and maintenance in accordance with donor restrictions

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/CE
Director/trustee, officer, 50.00 hrs/week
$354,341$0$40,018$394,359
PRESIDENT/CE
Director/trustee, officer, 50.00 hrs/week
$271,108$0$49,202$320,310
VP OF FIN/OP
Officer, 50.00 hrs/week
$196,024$0$56,397$252,421
VP OF DEVELO
Officer, 50.00 hrs/week
$184,531$0$48,508$233,039
VP ALUMNI EN
Highest compensated employee, 40.00 hrs/week
$153,111$0$34,198$187,309
ASSOCIATE VP
Highest compensated employee, 40.00 hrs/week
$119,112$0$42,079$161,191
ASSOCIATE VP
Highest compensated employee, 40.00 hrs/week
$114,341$0$39,620$153,961
ASSOCIATE VP
Highest compensated employee, 40.00 hrs/week
$121,106$0$27,991$149,097

4 people received more than $100,000 in reportable compensation from Wichita State University Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $880K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$49M$30M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$49M$30M74.0%$401M$394,359
FY2024 ⓘ$38M$30M69.8%$379M$504,937
FY2023 ⓘ$36M$40M81.7%$358M$475,687
FY2022 ⓘ$49M$39M83.2%$359M$414,509
FY2021 ⓘ$54M$30M80.5%$377M$338,840
FY2020 ⓘ$30M$33M82.7%$325M$371,308

Governance 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–1b19 · 18 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 2Yes
  • 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 14bNo
  • Employees Part I, line 584
  • Volunteers Part I, line 617

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
EBY CONSTRUCTION
Construction
$1,010,447
CLARK HUESEMANN LC
Architectrual
$171,699
ASTRIC TECHNOLOGY LLC
Advisory
$136,976
CONVERGINT TECHNOLOGIES
Security
$127,753

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

29 private foundations reported grants to Wichita State University Foundation totaling $2.0M 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 Wichita 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 Wichita State University Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Kansas

Questions people ask

How much of Wichita State University Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Wichita State University Foundation reported that 74.0% of its $30.4 million in expenses went to program services, 13.0% to management and general and 12.9% to fundraising (Form 990, Part IX).

How much does Wichita State University Foundation pay its top executive?

The largest total compensation Wichita State University Foundation reported for one person in the fiscal year ending June 30, 2025 was $394,359, for the role of PRESIDENT/CE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Wichita State University Foundation get its money?

Of $48.6 million in revenue in the fiscal year ending June 30, 2025, 51.3% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Wichita State University Foundation a registered charity?

The IRS lists EIN 48-6121167 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 202523189349315232 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202443209349312104 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202323199349324052 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202233199349314183 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349314492 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202100779349300410 · read the filing

All filings for EIN 48-6121167: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.