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Nonprofit · EIN 23-7042320

UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC

Tax-exempt · EVANSVILLE, IN 47712

Financials

$9.8M$6.6M2022$11.3M$8.5M2023$23.7M$6.9M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$23,749,683$6,946,687$16,802,996$235,641,955$2,387,806$233,254,149
June 30, 2024990$11,292,232$8,541,265$2,750,967$204,992,494$3,641,648$201,350,846
June 30, 2023990$9,805,434$6,589,383$3,216,051$180,646,855$1,837,802$178,809,053
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$14,264,657
of which government grants
$204,193
Program service revenue
$0
Investment income
$9,401,528
Royalties
$8,000
Net rental income
-$3,684
Net gain from sales of assets
$5,028,882
Net income from fundraising events
$11,552
Other revenue
$83,498

Expenses

Grants and similar amounts paid
$5,646,155
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$14,059
Accounting fees
$62,269
Depreciation
$2,387
Program services (functional)
$5,682,761
Management and general (functional)
$1,177,402
Fundraising (functional)
$86,524

Balance sheet and other

Total assets, start of year
$204,992,494
Total assets, end of year
$235,641,955
Total liabilities, end of year
$2,387,806
Net assets, end of year
$233,254,149
Land, buildings and equipment
$3,040,244
Publicly traded securities
$207,600,177
Net assets without donor restrictions
$24,468,106
Net assets with donor restrictions
$208,786,043
Gross receipts
$36,506,873
Employees
0
Volunteers
741
Year formed
1969
State of legal domicile
IN

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
Ronald S RochonDirector/Admin Advisor
Trustee or director, Officer
2$0$384,514$30,877
Steven J BridgesDirector/Assistant Treasurer
Trustee or director, Officer
2$0$263,298$43,486
Shelly B BluntDirector
Trustee or director
2$0$233,650$47,396
Sudesh N MujumdarDirector
Trustee or director
2$0$190,475$25,674
Kindra L StruppDirector
Trustee or director
2$0$171,621$36,173
Andrea R GentryPresident
Officer
18.75$0$132,447$27,064
Sliva RodeDirector
Trustee or director
2$0$105,820$18,720
Bruce H BakerLife Director
Trustee or director
2$0$0$0
Carol A BakerLife Director
Trustee or director
2$0$0$0
Joey V BarnettDirector
Trustee or director
2$0$0$0
Amy L BeardDirector
Trustee or director
2$0$0$0
James W BeckDirector
Trustee or director
2$0$0$0
Jeffrey A BergerDirector
Trustee or director
2$0$0$0
Ronald J BorenDirector
Trustee or director
2$0$0$0
Bix BransonLife Director
Trustee or director
2$0$0$0
57 more people on this return
NameTitleHours / weekCompensation
Mark D BrowningDirector
Trustee or director
2$0
Stephanie S BuchananDirector
Trustee or director
2$0
Marie A BussingLife Director
Trustee or director
2$0
Don R ChaudoinLife Director
Trustee or director
2$0
Steven W CravenDirector
Trustee or director
2$0
Joyce E DonaldsonDirector
Trustee or director
2$0
John M DunnLife Director
Trustee or director
2$0
Kevin M EastridgeLife Director
Trustee or director
2$0
Daniel M FuquayLife Director
Trustee or director
2$0
Geoffrey A GentilDirector
Trustee or director
2$0
Robert L GoocherLife Director
Trustee or director
2$0
Randall L HaaffDirector
Trustee or director
2$0
Jingle Igleheart HageyDirector
Trustee or director
2$0
Fouad L HamamiDirector
Trustee or director
2$0
Kevin L HammetDirector
Trustee or director
2$0
David W HerrenbruckLife Director
Trustee or director
2$0
Chad HorrellDirector
Trustee or director
2$0
D Keith JewellDirector
Trustee or director
2$0
Christine H KeckDirector
Trustee or director
2$0
Melissa KhanDirector
Trustee or director
2$0
Anne KiboiDirector
Trustee or director
2$0
M Andy LannertDirector
Trustee or director
2$0
Rileigh M LearDirector
Trustee or director
2$0
Frank F McDonald IILife Director
Trustee or director
2$0
James R McKinneyLife Director
Trustee or director
2$0
Chris D MeltonLife Director
Trustee or director
2$0
Mark E NeidigLife Director
Trustee or director
2$0
Susan E ParsonsDirector
Trustee or director
2$0
Jack D PateDirector
Trustee or director
2$0
Melanie N RascheDirector
Trustee or director
2$0
Matthew ReffettDirector
Trustee or director
2$0
Robert L ReidDirector
Trustee or director
2$0
David K RobinsonDirector
Trustee or director
2$0
Michael F RoederDirector
Trustee or director
2$0
Ronald D RomainLife Director
Trustee or director
2$0
Chris M RyanDirector
Trustee or director
2$0
Jim SandgrenDirector
Trustee or director
2$0
D Scott SaxeDirector
Trustee or director
2$0
Jaimie ShethDirector
Trustee or director
2$0
Alan N ShoversLife Director
Trustee or director
2$0
Sherrianne M StandleyLife Director
Trustee or director
2$0
Judith M SteenbergLife Director
Trustee or director
2$0
Ronald W SteinhartDirector
Trustee or director
2$0
Trudy J StockDirector
Trustee or director
2$0
Robert W SwanLife Director
Trustee or director
2$0
Celeste Drew TaborDirector
Trustee or director
2$0
Kathleen E TalleyDirector
Trustee or director
2$0
Karen S WalkerDirector
Trustee or director
2$0
Jeffrey L WilmesDirector
Trustee or director
2$0
Donita F WolfDirector
Trustee or director
2$0
Terry AlveyDirector/Secretary
Trustee or director, Officer
2$0
Jean M BlantonDirector/Chair
Trustee or director, Officer
2$0
Neal A FranklinDirector/Vice Chair for Planning
Trustee or director, Officer
2$0
Shiela L Huff-JacksonDirector/Chair Elect
Trustee or director, Officer
2$0
C Wayne KinneyDirector/Vice Chair for Development
Trustee or director, Officer
2$0
Ashley K Riordan-ElpersDirector, Vice President for Alumni
Trustee or director, Officer
2$0
John L SchutzDirector/Treasurer
Trustee or director, Officer
2$0
990 for the year ended June 30, 2024: 78 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Ronald S RochonDirector/Admin Advisor
Trustee or director, Officer
2$0$424,393$55,071
Steven J BridgesDirector/Assistant Treasurer
Trustee or director, Officer
2$0$214,974$39,085
Shelly B BluntDirector
Trustee or director
2$0$193,166$43,526
Kindra L StruppDirector
Trustee or director
2$0$148,327$36,381
David A BowerPresident
Officer
18.75$0$147,143$31,622
William ElliottDirector
Trustee or director
2$0$142,015$27,892
Sliva RodeDirector
Trustee or director
2$0$96,335$23,184
Terry AlveyDirector
Trustee or director
2$0$0$0
Bruce H BakerLife Director
Trustee or director
2$0$0$0
Carol A BakerLife Director
Trustee or director
2$0$0$0
Joey V BarnettDirector
Trustee or director
2$0$0$0
Jennifer K BartekDirector
Trustee or director
2$0$0$0
Amy L BeardDirector
Trustee or director
2$0$0$0
James W BeckDirector
Trustee or director
2$0$0$0
Jeffrey A BergerDirector
Trustee or director
2$0$0$0
Ronald J BorenDirector
Trustee or director
2$0$0$0
Bix BransonLife Director
Trustee or director
2$0$0$0
Mark D BrowningDirector
Trustee or director
2$0$0$0
Stephanie S BuchananDirector
Trustee or director
2$0$0$0
Marie A BussingLife Director
Trustee or director
2$0$0$0
Vicki T CampbellDirector
Trustee or director
2$0$0$0
Don R ChaudoinLife Director
Trustee or director
2$0$0$0
Liam CollinsDirector
Trustee or director
2$0$0$0
Stephen W CravenDirector
Trustee or director
2$0$0$0
Joyce E DonaldsonDirector
Trustee or director
2$0$0$0
John M DunnLife Director
Trustee or director
2$0$0$0
Kevin M EastridgeLife Director
Trustee or director
2$0$0$0
Daniel M FuquayLife Director
Trustee or director
2$0$0$0
Geoffrey A GentilDirector
Trustee or director
2$0$0$0
Robert L GoocherLife Director
Trustee or director
2$0$0$0
Robert E GriffinLife Director
Trustee or director
2$0$0$0
Randall L HaaffDirector
Trustee or director
2$0$0$0
Jingle Igleheart HageyDirector
Trustee or director
2$0$0$0
Fouad L HamamiDirector
Trustee or director
2$0$0$0
Kevin L HammetDirector
Trustee or director
2$0$0$0
David W HerrenbruckLife Director
Trustee or director
2$0$0$0
Chad HorrellDirector
Trustee or director
2$0$0$0
D Keith JewellDirector
Trustee or director
2$0$0$0
Christine H KeckDirector
Trustee or director
2$0$0$0
Anne KiboiDirector
Trustee or director
2$0$0$0
M Andy LannertDirector
Trustee or director
2$0$0$0
Frank F McDonald IILife Director
Trustee or director
2$0$0$0
James R McKinneyLife Director
Trustee or director
2$0$0$0
Ira T NealLife Director
Trustee or director
2$0$0$0
Joseph NeidigDirector
Trustee or director
2$0$0$0
Mark E NeidigLife Director
Trustee or director
2$0$0$0
D Patrick O'DanielLife Director
Trustee or director
2$0$0$0
Susan E ParsonsDirector
Trustee or director
2$0$0$0
Jack D PateDirector
Trustee or director
2$0$0$0
Matthew ReffettDirector
Trustee or director
2$0$0$0
Robert L ReidDirector
Trustee or director
2$0$0$0
Ashley K Riordan-ElpersDirector
Trustee or director
2$0$0$0
David K RobinsonDirector
Trustee or director
2$0$0$0
Michael F RoederDirector
Trustee or director
2$0$0$0
Ronald D RomainLife Director
Trustee or director
2$0$0$0
Chris M RyanDirector
Trustee or director
2$0$0$0
Jim SandgrenDirector
Trustee or director
2$0$0$0
D Scott SaxeDirector
Trustee or director
2$0$0$0
John L SchutzDirector
Trustee or director
2$0$0$0
Jaimie ShethDirector
Trustee or director
2$0$0$0
Alan N ShoversLife Director
Trustee or director
2$0$0$0
Sherrianne M StandleyLife Director
Trustee or director
2$0$0$0
Judith M SteenbergLife Director
Trustee or director
2$0$0$0
Ronald W SteinhartDirector
Trustee or director
2$0$0$0
Trudy J StockDirector
Trustee or director
2$0$0$0
Robert W SwanLife Director
Trustee or director
2$0$0$0
Celeste Drew TaborDirector
Trustee or director
2$0$0$0
Kathleen E TalleyDirector
Trustee or director
2$0$0$0
Karen S WalkerDirector
Trustee or director
2$0$0$0
Amy L WilsonDirector
Trustee or director
2$0$0$0
Donita F WolfDirector
Trustee or director
2$0$0$0
Jean M BlantonDirector/Chair Elect
Trustee or director, Officer
2$0$0$0
Neal A FranklinDirector/Vice Chair for Planning
Trustee or director, Officer
2$0$0$0
Shiela L Huff-JacksonDirector/Secretary
Trustee or director, Officer
2$0$0$0
C Wayne KinneyDirector/Vice Chair for Development
Trustee or director, Officer
2$0$0$0
Chris D MeltonLife Director/Treasurer
Trustee or director, Officer
2$0$0$0
Melanie N RascheDirector/Vice Chair for Alumni
Trustee or director, Officer
2$0$0$0
Jeffrey L WilmesDirector/Chair
Trustee or director, Officer
2$0$0$0
990 for the year ended June 30, 2023: 76 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Ronald S RochonDirector/Admin Advisor
Trustee or director, Officer
2$0$355,531$51,326
Mohammed F KhayumDirector
Trustee or director
2$0$234,764$39,677
Steven J BridgesDirector/Assistant Treasurer
Trustee or director, Officer
2$0$208,703$36,746
Constance F SwentyDirector
Trustee or director
2$0$150,216$31,007
Kindra L StruppDirector
Trustee or director
2$0$143,813$33,876
David A BowerPresident
Officer
18.75$0$143,287$29,485
Sabinah WanjuguDirector
Trustee or director
2$0$127,116$23,647
Terry AlveyDirector
Trustee or director
2$0$0$0
Bruce H BakerLife Director
Trustee or director
2$0$0$0
Carol A BakerLife Director
Trustee or director
2$0$0$0
Joey V BarnettDirector
Trustee or director
2$0$0$0
Amy L BeardDirector
Trustee or director
2$0$0$0
James W BeckDirector
Trustee or director
2$0$0$0
Jeffrey A BergerDirector
Trustee or director
2$0$0$0
Ronald J BorenDirector
Trustee or director
2$0$0$0
Bix BransonLife Director
Trustee or director
2$0$0$0
Mark D BrowningDirector
Trustee or director
2$0$0$0
Stephanie S BuchananDirector
Trustee or director
2$0$0$0
Marie A BussingLife Director
Trustee or director
2$0$0$0
Vicki T CampbellDirector
Trustee or director
2$0$0$0
Don R ChaudoinLife Director
Trustee or director
2$0$0$0
Liam CollinsDirector
Trustee or director
2$0$0$0
Joyce E DonaldsonDirector
Trustee or director
2$0$0$0
John M DunnLife Director
Trustee or director
2$0$0$0
Kevin M EastridgeLife Director
Trustee or director
2$0$0$0
Chad J FetscherDirector
Trustee or director
2$0$0$0
Kyle M FieldsDirector
Trustee or director
2$0$0$0
Neal A FranklinDirector
Trustee or director
2$0$0$0
Daniel M FuquayLife Director
Trustee or director
2$0$0$0
Robert L GoocherLife Director
Trustee or director
2$0$0$0
Robert E GriffinLife Director
Trustee or director
2$0$0$0
Randall L HaaffDirector
Trustee or director
2$0$0$0
Jingle Igleheart HageyDirector
Trustee or director
2$0$0$0
Kevin L HammetDirector
Trustee or director
2$0$0$0
David W HerrenbruckLife Director
Trustee or director
2$0$0$0
Chad HorrellDirector
Trustee or director
2$0$0$0
D Keith JewellDirector
Trustee or director
2$0$0$0
Christine H KeckDirector
Trustee or director
2$0$0$0
Anne KiboiDirector
Trustee or director
2$0$0$0
M Andy LannertDirector
Trustee or director
2$0$0$0
Frank F McDonald IILife Director
Trustee or director
2$0$0$0
James R McKinneyLife Director
Trustee or director
2$0$0$0
Ira T NealLife Director
Trustee or director
2$0$0$0
Joseph NeidigDirector
Trustee or director
2$0$0$0
Mark E NeidigLife Director
Trustee or director
2$0$0$0
D Patrick O'DanielLife Director
Trustee or director
2$0$0$0
Susan E ParsonsDirector
Trustee or director
2$0$0$0
Jack D PateDirector
Trustee or director
2$0$0$0
Neely PierceDirector
Trustee or director
2$0$0$0
Melanie N RascheDirector
Trustee or director
2$0$0$0
Matthew ReffettDirector
Trustee or director
2$0$0$0
Robert L ReidDirector
Trustee or director
2$0$0$0
David K RobinsonDirector
Trustee or director
2$0$0$0
Michael F RoederDirector
Trustee or director
2$0$0$0
Ronald D RomainLife Director
Trustee or director
2$0$0$0
Chris M RyanDirector
Trustee or director
2$0$0$0
Jim SandgrenDirector
Trustee or director
2$0$0$0
D Scott SaxeDirector
Trustee or director
2$0$0$0
Alan N ShoversLife Director
Trustee or director
2$0$0$0
Charleen B SpearDirector
Trustee or director
2$0$0$0
Sherrianne M StandleyLife Director
Trustee or director
2$0$0$0
Judith M SteenbergLife Director
Trustee or director
2$0$0$0
Ronald W SteinhartDirector
Trustee or director
2$0$0$0
Trudy J StockDirector
Trustee or director
2$0$0$0
Robert W SwanLife Director
Trustee or director
2$0$0$0
Kathleen E TalleyDirector
Trustee or director
2$0$0$0
Karen S WalkerDirector
Trustee or director
2$0$0$0
Kathryn M WatersDirector
Trustee or director
2$0$0$0
Donita F WolfDirector
Trustee or director
2$0$0$0
Jennifer K BartekDirector/Vice Chair for Alumni
Trustee or director, Officer
2$0$0$0
Jean M BlantonDirector/Chair Elect
Trustee or director, Officer
2$0$0$0
Shiela L Huff-JacksonDirector/Secretary
Trustee or director, Officer
2$0$0$0
C Wayne KinneyDirector/Vice Chair for Planning
Trustee or director, Officer
2$0$0$0
Chris D MeltonLife Director/Treasurer
Trustee or director, Officer
2$0$0$0
John L SchutzDirector/Vice Chair for Development
Trustee or director, Officer
2$0$0$0
Jeffrey L WilmesDirector/Chair
Trustee or director, Officer
2$0$0$0

Address and contacts

Address (IRS master file)
8600 UNIVERSITY BLVD, EVANSVILLE, IN 47712-3534
Principal officer (990 for 2024)
Andrea R Gentry, 8600 University Boulevard, Evansville, IN 47712
Signed the 990
John Bertram, Foundation Fiscal Officer
Phone
(812) 465-1627

Mission

The USI Foundation's mission is to attract, acquire, and manage donors' charitable gifts to support and sustain the goals of the University of Southern Indiana.

990 for the year ended June 30, 2025

Program accomplishments

  • The USI Foundation provides scholarships and awards to students enrolled at the University of Southern Indiana. Approximately 2,300 scholarships and awards were provided to students during the current fiscal year.
    Expenses $3,572,537 · grants $3,572,223
  • The USI Foundation provides other various support to the University of Southern Indiana including support for the Alumni Association, Athletics, Historic New Harmony, and other various initiatives.
    Expenses $1,054,240 · grants $1,019,001
  • The USI Foundation provides educational and academic enhancements directly to the University of Southern Indiana. This includes faculty enhancement initiatives, faculty research award stipends, and direct funding for academic departments.
    Expenses $924,436 · grants $923,383
  • The USI Foundation provides support for community outreach initiatives and artwork acquisitions of the University of Southern Indiana.
    Expenses $131,548 · grants $131,548

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
23-7042320
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 (B43I)
Assets (IRS master file)
$235,641,955
Income (IRS master file)
$36,506,873

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$23,749,683$6,946,687$235,641,955XML
990June 2024$11,292,232$8,541,265$204,992,494XML
990June 2023$9,805,434$6,589,383$180,646,855XML
990June 2022$20,278,244$5,440,555$166,446,934IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 23-7042320).

Questions about UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC

What is the EIN of UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC?
The employer identification number (EIN) of UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC is 23-7042320.
Is UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
Are donations to UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY OF SOUTHERN INDIANA 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 UNIVERSITY OF SOUTHERN INDIANA 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 UNIVERSITY OF SOUTHERN INDIANA 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 UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC?
The 990 for the year ended June 30, 2025 names Andrea R Gentry.
Who are the officers and directors of UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 72 people; 0 received compensation from the organization.
How much revenue does UNIVERSITY OF SOUTHERN INDIANA FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $23,749,683, expenses of $6,946,687 and total assets of $235,641,955 at year end.

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