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Nonprofit · EIN 22-2678005

THE BRIDGEWATER STATE UNIVERSITY FOUNDATION

Tax-exempt · BRIDGEWATER, MA 02325

Financials

$6.3M$5.4M2022$10.3M$6.3M2023$5.9M$5.6M2024
Revenue Expenses · by fiscal year end
Financials of THE BRIDGEWATER STATE UNIVERSITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,861,380$5,641,476$219,904$80,256,119$1,589,471$78,666,648
June 30, 2024990$10,332,528$6,314,041$4,018,487$70,342,148$652,586$69,689,562
June 30, 2023990$6,345,488$5,365,276$980,212$61,352,566$242,635$61,109,931
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$5,771,690
Program service revenue
$0
Investment income
$89,690
Net gain from sales of assets
$54,352
Other revenue
$0

Expenses

Grants and similar amounts paid
$4,488,045
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,124
Accounting fees
$17,855
Occupancy
$228,643
Travel
$11,707
Depreciation
$183,339
Program services (functional)
$4,488,045
Management and general (functional)
$960,035
Fundraising (functional)
$193,396

Balance sheet and other

Total assets, start of year
$70,342,148
Total assets, end of year
$80,256,119
Total liabilities, end of year
$1,589,471
Net assets, end of year
$78,666,648
Land, buildings and equipment
$6,087,938
Net assets without donor restrictions
$20,981,398
Net assets with donor restrictions
$57,685,250
Gross receipts
$6,736,371
Employees
0
Volunteers
18
Year formed
1984
State of legal domicile
MA

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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Ellen Cuttle OliverExec. Dir. of Fdn, AVP & CDO
Officer
10$0$188,859$82,041
Elizabeth DubuqueExec. Director, Alumni and Dev
Highest-paid employee
10$0$131,885$57,291
Margaret CampbellDir, Major Gifts & PlanneD GVG
Highest-paid employee
10$0$120,273$52,247
Scott EnosDir. of Alumni & Development
Highest-paid employee
10$0$110,138$47,844
David P RumrillBOARD CHAIRPERSON
Trustee or director, Officer
0.5$0$0$0
Phyllis A Klock1ST VICE CHAIRPERSON
Trustee or director, Officer
0.5$0$0$0
Thomas L Magee2ND VICE CHAIRPERSON
Trustee or director, Officer
0.5$0$0$0
Sharon A MutrieSECRETARY
Trustee or director, Officer
0.5$0$0$0
Daniel W SmithTreasurer
Trustee or director, Officer
0.5$0$0$0
Joseph P St LaurentImmediate Past Chair
Trustee or director, Officer
0.5$0$0$0
Paul A BonittoDirector
Trustee or director
0.5$0$0$0
Jeremy S DavidDirector
Trustee or director
0.5$0$0$0
Steven R GoodyearDirector
Trustee or director
0.5$0$0$0
George K GurleyDirector
Trustee or director
0.5$0$0$0
Aenis S HarrisDirector
Trustee or director
0.5$0$0$0
6 more people on this return
NameTitleHours / weekCompensation
Lori D HindleDirector
Trustee or director
0.5$0
Wayne G LombardiDirector
Trustee or director
0.5$0
Michelle I O'ConnorDirector
Trustee or director
0.5$0
Louis M RicciardiDirector
Trustee or director
0.5$0
Jack C BadavasStudent Director
Trustee or director
0.5$0
Michael Taylordirector - BSU BOT Chair
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 19 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ELLEN CUTTLE OLIVEREXEC. DIR./CHIEF DEV. OFC. A&D
Officer
10$0$181,765$75,651
ELIZABETH DUBUQUEEXEC. DIRECTOR, ALUMNI AND DEV
Highest-paid employee
10$0$115,976$48,269
SCOTT ENOSDir. of Ops & Logistics, A&D
Highest-paid employee
10$0$103,496$43,075
David RumrillBoard Chairperson
Trustee or director, Officer
0.5$0$0$0
Phyllis Klock1st Vice Chairperson
Trustee or director, Officer
0.5$0$0$0
Thomas Magee2nd Vice Chairperson
Trustee or director, Officer
0.5$0$0$0
Sharon MutrieSecretary
Trustee or director, Officer
0.5$0$0$0
Ann UlettTreasurer
Trustee or director, Officer
0.5$0$0$0
Joseph St LaurentPast President
Trustee or director, Officer
0.5$0$0$0
Ohene AsareDirector
Trustee or director
0.5$0$0$0
Christopher CooneyDirector
Trustee or director
0.5$0$0$0
John DiSantoDirector
Trustee or director
0.5$0$0$0
George GurleyDirector
Trustee or director
0.5$0$0$0
Aenis HarrisDirector
Trustee or director
0.5$0$0$0
Lori HindleDirector
Trustee or director
0.5$0$0$0
Wayne LombardiDirector
Trustee or director
0.5$0$0$0
Louis RicciardiDirector
Trustee or director
0.5$0$0$0
Daniel SmithDirector
Trustee or director
0.5$0$0$0
Jack BadavasDIRECTOR
Trustee or director
0.5$0$0$0
990 for the year ended June 30, 2023: 25 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ELLEN CUTTLE OLIVERCHIEF DEVELOPMENT OFFICER, ALUMNI AND DEVELOPMENT
Highest-paid employee
10$0$184,781$76,407
ELIZABETH DUBUQUEEXECUTIVE DIRECTOR, ALUMNI AND DEVELOPMENT
Highest-paid employee
10$0$111,045$45,917
SCOTT ENOSDIRECTOR OF OPERATIONS & LOGISTICS, ALUMNI AND DEV
Highest-paid employee
10$0$106,448$44,016
JEAN MACCORMACKCHAIR, BOARD OF TRUSTEES
Trustee or director, Officer
0.5$0$0$0
CHRISTOPHER COONEYVICE CHAIR
Trustee or director, Officer
0.5$0$0$0
DAVID RUMRILL1ST VICE CHAIR
Trustee or director, Officer
0.5$0$0$0
JEREMY DAVID2ND VICE CHAIR
Trustee or director, Officer
0.5$0$0$0
ANN ULETTTREASURER
Trustee or director, Officer
0.5$0$0$0
PHYLLIS KLOCKSECRETARY
Trustee or director, Officer
0.5$0$0$0
CLARE COLECHAIR
Trustee or director, Officer
0.5$0$0$0
JOSEPH ST LAURENTCHAIR
Trustee or director, Officer
0.5$0$0$0
THOMAS MAGEECO-CHAIR
Trustee or director, Officer
0.5$0$0$0
MALIKA CRUICKSHANKSTUDENT DIRECTOR
Trustee or director
0.5$0$0$0
OHENE ASAREDIRECTOR
Trustee or director
0.5$0$0$0
JOHN DISANTODIRECTOR
Trustee or director
0.5$0$0$0
GEORGE GURLEYDIRECTOR
Trustee or director
0.5$0$0$0
AENIS HARRISDIRECTOR
Trustee or director
0.5$0$0$0
LORI HINDLEDIRECTOR
Trustee or director
0.5$0$0$0
CARRIE KULICK-CLARKDIRECTOR
Trustee or director
0.5$0$0$0
WAYNE LOMBARDIDIRECTOR
Trustee or director
0.5$0$0$0
COLLEEN MCINTYREDIRECTOR
Trustee or director
0.5$0$0$0
SHARON MUTRIEDIRECTOR
Trustee or director
0.5$0$0$0
LOUIS RICCIARDIDIRECTOR
Trustee or director
0.5$0$0$0
DANIEL SMITHDIRECTOR
Trustee or director
0.5$0$0$0
DAVID MESSALINEEMERITUS DIRECTOR
Trustee or director
0.5$0$0$0

Address and contacts

Address (IRS master file)
26 SUMMER ST, BRIDGEWATER, MA 02325-1218
In care of
% ELLEN OLIVER
Principal officer (990 for 2024)
DOUG SHROPSHIRE, 26 Summer Street, Bridgewater, MA 02325
Signed the 990
DOUG SHROPSHIRE, VP OF FINANCE
Phone
(508) 531-2691
Return prepared by
WITHUMSMITHBROWNPC

Mission

TO ASSIST BRIDGEWATER STATE UNIVERSITY IN ACHIEVING ITS GOAL OF EXCELLENCE IN ITS MAJOR FUNCTIONS OF TEACHING, LEARNING, AND RESEARCH IN THOSE EDUCATIONAL AREAS WHERE LITTLE OR NO STATE FUNDING IS AVAILABLE TO THE INSTITUTION.

990 for the year ended June 30, 2025

Program accomplishments

  • EXPENSES WERE INCURRED TO AWARD STUDENT SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO STUDENTS OF BRIDGEWATER STATE UNIVERSITY.
    Expenses $3,404,684 · grants $3,404,684
  • GIFTS TO BRIDGEWATER STATE UNIVERSITY TO ASSIST THE UNIVERSITY IN PROMOTING AREAS OF EDUCATION AND RESEARCH WHICH DO NOT RECEIVE STATE FUNDING.
    Expenses $953,861 · grants $953,861
  • Grant awarded to What on Earth Publishing to establish the 13 State History Chronicles Fund which emphasizes the commitment to civics education and expand upon it by providing free state history resources to more than 24,000 US schools, close to 14 million students, and 1 million teachers.
    Expenses $129,500 · grants $129,500

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
22-2678005
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
2015
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B114)
Assets (IRS master file)
$80,256,119
Income (IRS master file)
$6,736,371

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,861,380$5,641,476$80,256,119IRS
990June 2024$10,332,528$6,314,041$70,342,148IRS
990June 2023$6,345,488$5,365,276$61,352,566XML
990June 2022$8,431,786$4,098,012$55,255,899IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 22-2678005).

Questions about THE BRIDGEWATER STATE UNIVERSITY FOUNDATION

What is the EIN of THE BRIDGEWATER STATE UNIVERSITY FOUNDATION?
The employer identification number (EIN) of THE BRIDGEWATER STATE UNIVERSITY FOUNDATION is 22-2678005.
Is THE BRIDGEWATER STATE UNIVERSITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to THE BRIDGEWATER STATE UNIVERSITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE BRIDGEWATER STATE UNIVERSITY 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 BRIDGEWATER STATE UNIVERSITY FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE BRIDGEWATER STATE UNIVERSITY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THE BRIDGEWATER STATE UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 names DOUG SHROPSHIRE.
Who are the officers and directors of THE BRIDGEWATER STATE UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 21 people; 0 received compensation from the organization.
How much revenue does THE BRIDGEWATER STATE UNIVERSITY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,861,380, expenses of $5,641,476 and total assets of $80,256,119 at year end.

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