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Nonprofit · EIN 20-0664128

THE WALSH COLLEGE FOUNDATION

Tax-exempt · TROY, MI 48083

Financials

$1.3M$1.1M2022$1.5M$1.6M2023$589K$2.1M2024
Revenue Expenses · by fiscal year end
Financials of THE WALSH COLLEGE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$588,529$2,140,056-$1,551,527$14,657,894$1,208,211$13,449,683
August 31, 2024990$1,467,695$1,608,803-$141,108$14,462,370$0$14,462,370
August 31, 2023990$1,326,599$1,057,753$268,846$14,005,828$4,056$14,001,772
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$316,713
Program service revenue
$0
Investment income
$289,231
Net gain from sales of assets
-$32,373
Net income from fundraising events
-$17,415
Other revenue
-$17,415

Expenses

Grants and similar amounts paid
$1,975,491
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$1,975,491
Management and general (functional)
$164,565

Balance sheet and other

Total assets, start of year
$14,462,370
Total assets, end of year
$14,657,894
Total liabilities, end of year
$1,208,211
Net assets, end of year
$13,449,683
Publicly traded securities
$12,857,778
Net assets without donor restrictions
$7,241
Net assets with donor restrictions
$13,442,442
Gross unrelated business income
$4,164
Gross receipts
$2,179,698
Employees
0
Volunteers
2
Year formed
2003
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SUZANNE SIEGLEPRESIDENT & CEO
Officer
1$0$311,498$24,800
LOUIS C SCHMIDT JRTRUSTTE/CHAIR
Trustee or director, Officer
0.3$0$0$0
GERALD SCHAFERTRUSTEE
Trustee or director
0.3$0$0$0
990 for the year ended August 31, 2024: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
SUZANNE SIEGLEPRESIDENT & CEO
Officer
1$0$276,143$24,021
MICHAEL LEVENSPRESIDENT & CEO
Former
1$0$112,673$0
LOUIS C SCHMIDT JRTRUSTEE/CHAIR
Trustee or director, Officer
0.3$0$0$0
ANITA HICKS PHDTRUSTEE
Trustee or director
0.3$0$0$0
BRIAN PILARSKITRUSTEE
Trustee or director
0.3$0$0$0
DANIEL A CORNWELLTRUSTEE
Trustee or director
0.3$0$0$0
DARYL KAISERTRUSTEE
Trustee or director
0.3$0$0$0
DAVID F GIRODATTRUSTEE
Trustee or director
0.3$0$0$0
DAVID J PETOSKYTRUSTEE
Trustee or director
0.3$0$0$0
DENNIS HARDERTRUSTEE
Trustee or director
0.3$0$0$0
GERALD SCHAFERTRUSTEE
Trustee or director
0.3$0$0$0
JOHN FALCONTRUSTEE
Trustee or director
0.3$0$0$0
KAHN D HALLTRUSTEE
Trustee or director
0.3$0$0$0
KATHLEEN JENKINSTRUSTEE
Trustee or director
0.3$0$0$0
MICHAEL ZIECIKTRUSTEE
Trustee or director
0.3$0$0$0
PATRICK KILLEENTRUSTEE
Trustee or director
0.3$0$0$0
THOMAS G MCGINNISTRUSTEE
Trustee or director
0.3$0$0$0
990 for the year ended August 31, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL LEVENSPRESIDENT/CEO(LEFT 04/2022)
Former
1$0$399,762$23,198
SUZANNE SIEGLEPRESIDENT & CEO
Officer
1$0$237,100$21,543
TERESA ESSHAKICFO (LEFT 04/2022)
Former
1$0$172,223$16,213
LOUIS SCHMIDT JRTRUSTEE/CHAIR
Trustee or director, Officer
0.3$0$0$0
MARK J ALBRECHTTRUSTEE
Trustee or director
0.3$0$0$0
DANIEL A CORNWELLTRUSTEE
Trustee or director
0.3$0$0$0
RICHARD D DIBARTOLOMEOTRUSTEE
Trustee or director
0.3$0$0$0
KAHN D HALLTRUSTEE
Trustee or director
0.3$0$0$0
ANITA HICKS PHDTRUSTEE
Trustee or director
0.3$0$0$0
KATHLEEN JENKINSTRUSTEE
Trustee or director
0.3$0$0$0
DARYL KAISERTRUSTEE
Trustee or director
0.3$0$0$0
VICKI KAMENOVATRUSTEE
Trustee or director
0.3$0$0$0
PATRICK KILLEENTRUSTEE
Trustee or director
0.3$0$0$0
THOMAS G MCGINNISTRUSTEE
Trustee or director
0.3$0$0$0
BRIAN M PILARSKITRUSTEE
Trustee or director
0.3$0$0$0
KEVIN HEPNERTRUSTEE
Trustee or director
0.3$0$0$0
DAVE PETOSKYTRUSTEE
Trustee or director
0.3$0$0$0

Address and contacts

Address (IRS master file)
3838 LIVERNOIS RD, TROY, MI 48083-5066
In care of
% SUZANNE SIEGLE
Principal officer (990 for 2024)
SUZANNE SIEGLE, 3838 LIVERNOIS ROAD, TROY, MI 48083
Signed the 990
SUZANNE SIEGLE, PRESIDENT & CEO
Phone
(248) 689-8282
Return prepared by
Forvis Mazars LLP

Mission

RAISE FUNDS FOR STUDENT SCHOLARSHIPS AND GENERAL SUPPORT OF WALSH COLLEGE

990 for the year ended August 31, 2025

Program accomplishments

  • THE WALSH COLLEGE FOUNDATION IS A WHOLLY OWNED SUBSIDIARY OF WALSH COLLEGE, ORGANIZED TO DEVELOP FUND-RAISING PROGRAMS, EVENTS, AND TO APPLY GIFTS, GRANTS, CONTRIBUTIONS, AND BEQUESTS IN FURTHERANCE OF THE EDUCATIONAL, CHARITABLE, AND OTHER PURPOSES OF THE COLLEGE.
    Expenses $1,975,491 · grants $1,975,491

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
20-0664128
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2004
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B114)
Assets (IRS master file)
$14,657,894
Income (IRS master file)
$2,179,698

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$588,529$2,140,056$14,657,894XML
990-TAugust 2025–––IRS
990August 2024$1,467,695$1,608,803$14,462,370XML
990-TAugust 2024–––IRS
990August 2023$1,326,599$1,057,753$14,005,828XML
990-TAugust 2023–––IRS
990August 2022$2,298,279$1,160,299$13,346,902IRS
990-TAugust 2022–––IRS
990August 2021–––IRS
990-TAugust 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-0664128).

Questions about THE WALSH COLLEGE FOUNDATION

What is the EIN of THE WALSH COLLEGE FOUNDATION?
The employer identification number (EIN) of THE WALSH COLLEGE FOUNDATION is 20-0664128.
Is THE WALSH COLLEGE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
Are donations to THE WALSH COLLEGE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE WALSH COLLEGE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE WALSH COLLEGE FOUNDATION due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE WALSH COLLEGE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of THE WALSH COLLEGE FOUNDATION?
The 990 for the year ended August 31, 2025 names SUZANNE SIEGLE.
Who are the officers and directors of THE WALSH COLLEGE FOUNDATION?
The 990 for the year ended August 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does THE WALSH COLLEGE FOUNDATION have?
On its 990 for the year ended August 31, 2025 it reported revenue of $588,529, expenses of $2,140,056 and total assets of $14,657,894 at year end.

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