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Tennessee Technological University Foundation

Cookeville, TN · EIN 59-1777911 · 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

Tennessee Technological University Foundation reported $16.4 million in revenue and $16.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $97.78 went to program services, $2.03 to management and general costs and $0.19 to fundraising. Its largest source of revenue was contributions and grants: 46.7% of the total. The highest compensation it reported for one person was $589,102 (CO-CHAIR). Revenue rose 87% 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 $16M

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 $16M

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)
97.8%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
2.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
46.7%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
$589,102$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.66%1.28%
People paid over $100,000
Part VII, line 2
08
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
116.613.3
Independent voting board members
Part VI 1a–1b
13 of 16100.0%

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
$9.3M expenses · 58.9% of program spending · grants $9.3M

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

$3.4M expenses · 21.6% of program spending · grants $3.4M · revenue $27,382

Provided funds for scholarships and support of Tennessee Technological University

$3.1M expenses · 19.5% of program spending

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

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
CO-CHAIR
Director/trustee, officer, 3.7 hrs/week
$0$532,925$56,177$589,102
TREASURER
Director/trustee, officer, 3.7 hrs/week
$0$248,025$35,417$283,442
SECRETARY
Director/trustee, officer, 18.7 hrs/week
$0$215,402$41,771$257,173

0 people received more than $100,000 in reportable compensation from Tennessee Technological 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, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$16M$16M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$16M$16M97.8%$156M$589,102
FY2024 ⓘ$14M$13M97.6%$148M$530,794
FY2023 ⓘ$11M$9.0M94.4%$135M$513,170
FY2022 ⓘ$27M$8.0M94.9%$128M$438,283
FY2021 ⓘ$10M$6.8M95.2%$120M$407,028
FY2020 ⓘ$8.8M$5.7M94.0%$99M$390,328

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–1b16 · 13 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13No
  • Document retention policy Part VI 14No
  • Independent process for top executive pay Part VI 15aNo
  • 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 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 6150

Private foundation grants it received

5 private foundations reported grants to Tennessee Technological University Foundation totaling $17,337 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 Tennessee Technological 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 Tennessee Technological 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 Tennessee

Questions people ask

How much of Tennessee Technological University Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Tennessee Technological University Foundation reported that 97.8% of its $16.1 million in expenses went to program services, 2.0% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does Tennessee Technological University Foundation pay its top executive?

The largest total compensation Tennessee Technological University Foundation reported for one person in the fiscal year ending June 30, 2025 was $589,102, for the role of CO-CHAIR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Tennessee Technological University Foundation get its money?

Of $16.4 million in revenue in the fiscal year ending June 30, 2025, 46.7% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Tennessee Technological University Foundation a registered charity?

The IRS lists EIN 59-1777911 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 202621359349305227 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349316130 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401359349310625 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341319349304269 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241229349301239 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141309349300994 · read the filing

All filings for EIN 59-1777911: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.