Nonprofit · EIN 23-7019799
WRIGHT STATE UNIVERSITY FOUNDATION INC
Tax-exempt · DAYTON, OH 45435
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $22,286,172 | $9,582,169 | $12,704,003 | $192,561,802 | $3,478,306 | $189,083,496 |
| June 30, 2024 | 990 | $13,746,175 | $10,298,905 | $3,447,270 | $172,642,347 | $3,589,849 | $169,052,498 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $8,424,558
- Program service revenue
- $0
- Investment income
- $13,125,269
- Royalties
- $726
- Net rental income
- $152,314
- Net gain from sales of assets
- $788,379
- Other revenue
- $736,345
Expenses
- Grants and similar amounts paid
- $6,690,556
- Compensation of officers, directors and key employees
- $549,517
- Other salaries and wages
- $300,520
- Salaries, compensation and benefits (total)
- $1,029,331
- Professional fundraising fees
- $0
- Legal fees
- $35,620
- Accounting fees
- $52,119
- Occupancy
- $171,367
- Travel
- $103,562
- Depreciation
- $119,776
- Program services (functional)
- $6,690,556
- Management and general (functional)
- $2,201,286
- Fundraising (functional)
- $690,327
Balance sheet and other
- Total assets, start of year
- $172,642,347
- Total assets, end of year
- $192,561,802
- Total liabilities, end of year
- $3,478,306
- Net assets, end of year
- $189,083,496
- Land, buildings and equipment
- $1,488,054
- Publicly traded securities
- $154,820,028
- Net assets without donor restrictions
- $18,808,888
- Net assets with donor restrictions
- $170,274,608
- Gross unrelated business income
- $5,931
- Gross receipts
- $24,864,505
- Employees
- 10
- Volunteers
- 40
- Year formed
- 1966
- State of legal domicile
- OH
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| R Scott Rash | President & CEO Officer | 40 | $271,781 | $57,985 |
| Robert T Batson | CFO (UNTIL 4/30/2025) Officer | 40 | $137,677 | $26,544 |
| Andrea Wall | Executive Director Officer | 40 | $69,309 | $7,913 |
| David Deptula | Immediate Past Chair Trustee or director, Officer | 1 | $0 | $0 |
| Kristina Kean | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Linda Black-Kurek | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Loghan Young | Vice Chair & Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Anupam Bedi | Trustee Trustee or director | 1 | $0 | $0 |
| Bob Reynolds | Trustee Trustee or director | 1 | $0 | $0 |
| Brittney Whiteside | Trustee Trustee or director | 1 | $0 | $0 |
| Chris Brookshire | Trustee Trustee or director | 1 | $0 | $0 |
| Danielle Rolfes | Trustee Trustee or director | 1 | $0 | $0 |
| Dave Dirksen | Trustee Trustee or director | 1 | $0 | $0 |
| David Donaldson | Trustee (Until 10/18/24) Trustee or director | 1 | $0 | $0 |
| Doug Fecher | Trustee Trustee or director | 1 | $0 | $0 |
21 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Doug Hull | Trustee (as of 7/1/2024) Trustee or director | 1 | $0 |
| Dr Michael Robertson | Trustee Trustee or director | 1 | $0 |
| Dr Samia Borchers | Trustee Trustee or director | 1 | $0 |
| Gary McCullough | Trustee Trustee or director | 1 | $0 |
| Hernan Olivas | Trustee Trustee or director | 1 | $0 |
| Holly Di Flora | Trustee Trustee or director | 1 | $0 |
| Janet Heppard | Trustee Trustee or director | 1 | $0 |
| Julie Jacobs | Trustee (as of 7/1/2024) Trustee or director | 1 | $0 |
| Karla Garrett-Harshaw | Trustee Trustee or director | 1 | $0 |
| Matt Watson | Trustee Trustee or director | 1 | $0 |
| Michael Daniels | Trustee Trustee or director | 1 | $0 |
| Mike Clark | Trustee Trustee or director | 1 | $0 |
| Pete Julian | Trustee Trustee or director | 1 | $0 |
| Randy Phillips | Trustee Trustee or director | 1 | $0 |
| Rob Weisgarber | Trustee (until 11/16/2024) Trustee or director | 1 | $0 |
| Roberta Cornist-Bordeneau | Trustee Trustee or director | 1 | $0 |
| Sharon Rab | Trustee Trustee or director | 1 | $0 |
| Tom Proctor | Trustee Trustee or director | 1 | $0 |
| Tom Sheehan | Trustee Trustee or director | 1 | $0 |
| Vercie Lark | Trustee Trustee or director | 1 | $0 |
| Bobby Jones | CFO (2/7/2025-11/17/2025, therefore no 2024 W2) Officer | 40 | $0 |
990 for the year ended June 30, 2024: 40 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| R Scott Rash | President & CEO Officer | 40 | $268,926 | $35,791 |
| Robert T Batson | CFO Officer | 40 | $134,863 | $25,731 |
| Andrea Wall | Assistant Secretary Officer | 40 | $65,259 | $7,337 |
| Bill Diedrich | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| David Deptula | Immediate Past Chair Trustee or director, Officer | 1 | $0 | $0 |
| Kristina Kean | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Linda Black-Kurek | Chair Trustee or director, Officer | 1 | $0 | $0 |
| Rob Weisgarber | Vice Chair Trustee or director, Officer | 1 | $0 | $0 |
| Anupam Bedi | Trustee Trustee or director | 1 | $0 | $0 |
| Bob Reynolds | Trustee Trustee or director | 1 | $0 | $0 |
| Brittney Whiteside | Trustee Trustee or director | 1 | $0 | $0 |
| Chris Brookshire | Trustee Trustee or director | 1 | $0 | $0 |
| Danielle Rolfes | Trustee Trustee or director | 1 | $0 | $0 |
| Dave Dirksen | Trustee Trustee or director | 1 | $0 | $0 |
| David Donaldson | Trustee Trustee or director | 1 | $0 | $0 |
| Doug Fecher | Trustee (AS OF 9/18/23) Trustee or director | 1 | $0 | $0 |
| Dr Megan Dines | Trustee Trustee or director | 1 | $0 | $0 |
| Dr Michael Robertson | Trustee Trustee or director | 1 | $0 | $0 |
| Dr Samia Borchers | Trustee Trustee or director | 1 | $0 | $0 |
| Gary McCullough | Trustee Trustee or director | 1 | $0 | $0 |
| Hernan Olivas | Trustee Trustee or director | 1 | $0 | $0 |
| Holly Di Flora | Trustee Trustee or director | 1 | $0 | $0 |
| Janet Heppard | Trustee Trustee or director | 1 | $0 | $0 |
| Karla Garrett-Harshaw | Trustee Trustee or director | 1 | $0 | $0 |
| KEITH MEYER | TRUSTEE (UNTIL 12/31/23) Trustee or director | – | $0 | $0 |
| Loghan Young | Trustee Trustee or director | 1 | $0 | $0 |
| MARC PORTER | TRUSTEE (UNTIL 4/24/24) Trustee or director | – | $0 | $0 |
| Martha Balyeat | Trustee Trustee or director | 1 | $0 | $0 |
| Matt Watson | Trustee Trustee or director | 1 | $0 | $0 |
| Michael Daniels | Trustee Trustee or director | 1 | $0 | $0 |
| Mike Clark | Trustee Trustee or director | 1 | $0 | $0 |
| Natasha Sandella | Trustee Trustee or director | 1 | $0 | $0 |
| Pamela vonMatthiessen | Trustee Trustee or director | 1 | $0 | $0 |
| Pete Julian | Trustee Trustee or director | 1 | $0 | $0 |
| Randy Phillips | Trustee Trustee or director | 1 | $0 | $0 |
| Roberta Cornist-Bordeneau | Trustee Trustee or director | 1 | $0 | $0 |
| Sharon Rab | Trustee Trustee or director | 1 | $0 | $0 |
| TOM GUNLOCK | TRUSTEE (UNTIL 9/18/23) Trustee or director | – | $0 | $0 |
| Tom Sheehan | Trustee Trustee or director | 1 | $0 | $0 |
| Vercie Lark | Trustee Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 3640 COLONEL GLENN HWY, DAYTON, OH 45435-0001
- Principal officer (990 for 2024)
- JAMES S CROSS, 3640 Colonel Glenn Hwy 3rd Floor, Dayton, OH 454350001
- Signed the 990
- JAMES S CROSS, CONTROLLER
- Phone
- (937) 775-2251
- Return prepared by
- CROWE LLP
Mission
The Wright State University Foundation's mission is to partner with Wright State University in providing funding that assists students from the Dayton region and beyond to obtain an affordable, quality education by: 1) promoting and facilitating a culture of engagement and philanthropy 2) prudently protecting, managing, and investing funds entrusted to it 3) disbursing funds aligned with the university's mission and priorities and ensuring funds disbursed are used as intended.
Program accomplishments
- SCHOLARSHIPS: STUDENTS AT WRIGHT STATE UNIVERSITY RECEIVE A QUALITY EDUCATION THAT IS PAID PARTLY BY TUITION AND PARTLY BY STATE SUBSIDY. THE LATTER REVENUE SOURCE HAS DECLINED IN RECENT YEARS THEREBY MAKING IT MORE DIFFICULT TO FINANCE A COLLEGE EDUCATION. ALTHOUGH WRIGHT STATE REMAINS ONE OF THE MOST AFFORDABLE PUBLIC INSTITUTIONS IN OHIO, THE FOUNDATION SEEKS TO OFFSET THE LOSS OF STATE TUITION SUBSIDIES BY RAISING PRIVATE CONTRIBUTIONS IN SUPPORT OF STUDENT TUITION PAYMENTS.Expenses $3,624,847 · grants $3,624,847
- UNIVERSITY PROGRAMS: DONATED RESOURCES FOR VARIOUS ACADEMIC AND SUPPORT FUNCTIONS AT WRIGHT STATE UNIVERSITY ALLOWS ADMINISTRATORS FLEXIBILITY TO DELIVER QUALITY PROGRAMS TO THEIR CONSTITUENCIES. THESE CONTRIBUTIONS SUPPLEMENT THE UNIVERSITY'S BUDGET ALLOCATION AND ALLOW PROGRAM MANAGERS TO OFFER UNIQUE AND CREATIVE LEARNING OPPORTUNITIES FOR STUDENTS. DURING THE CURRENT YEAR, 24% OF EXPENSES IN THIS AREA RELATED TO PARTIAL OR COMPLETE SUPPORT OF PROGRAM PERSONNEL THAT OTHERWISE WOULD NOT HAVE BEEN SUPPORTED BY THE UNIVERSITY'S OPERATING BUDGET. PROCEEDS IN THIS AREA ARE ALSO USED TO CONSTRUCT, RENOVATE AND REHABILITATE UNIVERSITY FACILITIES. DURING THE CURRENT YEAR, 28% OF EXPENSES IN THIS AREA RELATED TO PARTIAL OR COMPLETE SUPPORT OF PROGRAM PERSONNEL THAT OTHERWISE WOULD NOT HAVE BEEN SUPPORTED BY THE UNIVERSITY'S OPERATING BUDGET. PROCEEDS IN THIS AREA ARE ALSO USED TO CONSTRUCT, RENOVATE AND REHABILITATE UNIVERSITY FACILITIES.Expenses $2,262,480 · grants $2,262,480
- ATHLETIC PROGRAMS: THROUGH ITS ATHLETIC PROGRAMS, WRIGHT STATE OFFERS ITS STUDENTS THE OPPORTUNITY TO COMPETE ON ONE OF ITS TWELVE NCAA DIVISION ONE MEN'S AND WOMEN'S SPORTS TEAMS. THESE PROGRAMS SEEK TO TRANSFORM THE LIVES OF ITS STUDENT-ATHLETES, BUILDING A SOLID FOUNDATION FOR STUDENT SUCCESS AT ALL LEVELS. ATHLETICS IS COMMITTED HELPING ITS STUDENT-ATHLETES DEVELOP AS PEOPLE, STUDENTS AND ATHLETES - IN THAT ORDER - AS WELL AS SUPPORTING THE MISSION OF WRIGHT STATE.Expenses $494,523 · grants $494,523
- RESEARCH: SCHOLARLY RESEARCH IS A CORE PART OF WRIGHT STATE UNIVERSITY'S MISSION. THE FOUNDATION SEEKS TO ENHANCE FUNDING FOR THESE ACTIVITIES BY RAISING PRIVATE SUPPORT THAT PROVIDES PERSONNEL AND OPERATING COST COVERAGE FOR VARIOUS PROJECTS. MANY, ALTHOUGH NOT ALL, OF THE UNIVERSITY-SUPPORTED RESEARCH PROGRAMS ARE IN THE FIELD OF MEDICINE. THE AMOUNT OF RESEARCH SUPPORT PROVIDED BY THE FOUNDATION WAS $146,125.Expenses $178,956 · grants $178,956
- OTHER/VARIOUS: THE FOUNDATION ENTERTAINS REQUESTS TO ASSIST WITH FUNDING VARIOUS UNIVERSITY PURCHASES AND PROJECTS FOR THE BETTERMENT OF THE ENTIRE CAMPUS COMMUNITY. THE MAJORITY OF EXPENSES IN THE CURRENT FISCAL YEAR WERE MADE IN SUPPORT OF THE UNIVERSITY'S VARIOUS RECRUITING, RETAINING AND RELATIONSHIP GOALS.Expenses $129,750 · grants $129,750 · revenue $583,305
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7019799
- 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
- 1969
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $192,561,802
- Income (IRS master file)
- $24,864,505
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $22,286,172 | $9,582,169 | $192,561,802 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $13,746,175 | $10,298,905 | $172,642,347 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $19,144,235 | $10,436,341 | $160,143,120 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $22,301,900 | $9,335,808 | $149,282,142 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 23-7019799).
Questions about WRIGHT STATE UNIVERSITY FOUNDATION INC
- What is the EIN of WRIGHT STATE UNIVERSITY FOUNDATION INC?
- The employer identification number (EIN) of WRIGHT STATE UNIVERSITY FOUNDATION INC is 23-7019799.
- Is WRIGHT STATE UNIVERSITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
- Are donations to WRIGHT STATE UNIVERSITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WRIGHT STATE UNIVERSITY FOUNDATION INC 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 WRIGHT STATE UNIVERSITY FOUNDATION INC 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 WRIGHT STATE UNIVERSITY FOUNDATION INC 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 WRIGHT STATE UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names JAMES S CROSS.
- Who are the officers and directors of WRIGHT STATE UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 36 people; 3 received compensation from the organization, the highest $271,781 (R Scott Rash, President & CEO).
- How much revenue does WRIGHT STATE UNIVERSITY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $22,286,172, expenses of $9,582,169 and total assets of $192,561,802 at year end.
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