Nonprofit · EIN 23-7098397
COLORADO STATE UNIVERSITY FOUNDATION
Tax-exempt · FORT COLLINS, CO 80522
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $117,234,946 | $92,436,659 | $24,798,287 | $864,944,732 | $29,060,480 | $835,884,252 |
| June 30, 2024 | 990 | $96,897,506 | $89,313,101 | $7,584,405 | $789,972,616 | $24,544,752 | $765,427,864 |
| June 30, 2023 | 990 | $89,557,511 | $90,881,779 | -$1,324,268 | $751,934,427 | $26,990,898 | $724,943,529 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $94,621,717
- of which government grants
- $138,031
- Program service revenue
- $0
- Investment income
- $18,332,547
- Net gain from sales of assets
- $13,939,103
- Other revenue
- $4,280,682
Expenses
- Grants and similar amounts paid
- $79,217,346
- Compensation of officers, directors and key employees
- $890,840
- Other salaries and wages
- $1,649,151
- Salaries, compensation and benefits (total)
- $3,131,516
- Professional fundraising fees
- $0
- Legal fees
- $33,700
- Accounting fees
- $136,268
- Travel
- $13,314
- Depreciation
- $35,464
- Program services (functional)
- $80,225,348
- Management and general (functional)
- $12,211,311
Balance sheet and other
- Total assets, start of year
- $789,972,616
- Total assets, end of year
- $864,944,732
- Total liabilities, end of year
- $29,060,480
- Net assets, end of year
- $835,884,252
- Land, buildings and equipment
- $453,012
- Publicly traded securities
- $486,698,384
- Net assets without donor restrictions
- $46,287,301
- Net assets with donor restrictions
- $789,596,951
- Gross unrelated business income
- $3,581,227
- Gross receipts
- $128,386,971
- Employees
- 23
- Volunteers
- 12
- Year formed
- 1970
- State of legal domicile
- CO
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 |
|---|---|---|---|---|
| CHERI O'NEILL | PRESIDENT/CEO Trustee or director, Officer | 40 | $382,032 | $65,087 |
| ALLEN PADILLA | VICE PRESIDENT/CFO Officer | 40 | $263,447 | $77,252 |
| TERILYN LARSON | CONTROLLER Highest-paid employee | 40 | $169,826 | $46,611 |
| DIPEN PATEL | DIRECTOR OF INFORMATION SYSTEMS Highest-paid employee | 40 | $158,429 | $48,117 |
| SARA CAMPBELL | SECRETARY Officer | 40 | $111,826 | $36,774 |
| RILLA WILLIAMS | DIRECTOR OF BUSINESS DATA Highest-paid employee | 40 | $117,055 | $28,531 |
| MARIE DONDLINGER | ASSISTANT CONTROLLER Highest-paid employee | 40 | $101,004 | $29,518 |
| BRIAN KLEMZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RIC THOMAS | DIRECTOR/PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT THISTED | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID DIEHL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LUKE DANIEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEB DEMUTH | DIRECTOR/CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MICHELLE MARTINEZ | DIRECTOR/VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MORRIS PRICE | DIRECTOR Trustee or director | 1 | $0 |
| JIM DETTERICK | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHERI O'NEILL | PRESIDENT/CEO Trustee or director, Officer | 40 | $390,357 | $57,833 |
| ALLEN PADILLA | VICE PRESIDENT/CFO Officer | 40 | $253,112 | $74,959 |
| JILL HIGHAM | GENERAL COUNSEL Key employee | 40 | $155,130 | $48,256 |
| TERILYN LARSON | CONTROLLER Highest-paid employee | 40 | $155,637 | $32,715 |
| DIPEN PATEL | DIRECTOR OF INFORMATION SYSTEMS Highest-paid employee | 40 | $138,764 | $40,346 |
| SARA CAMPBELL | SECRETARY Officer | 40 | $103,369 | $35,037 |
| RILLA WILLIAMS | DIRECTOR OF BUSINESS DATA Highest-paid employee | 40 | $102,991 | $27,247 |
| JAMES MARTELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RIC THOMAS | DIRECTOR/PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT THISTED | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID DIEHL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LUKE DANIEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEB DEMUTH | DIRECTOR/CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MICHELLE MARTINEZ | DIRECTOR/VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MORRIS PRICE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM DETTERICK | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHERI O'NEILL | PRESIDENT/CEO Trustee or director, Officer | 40 | $343,415 | $69,249 |
| ALLEN PADILLA | VICE PRESIDENT/CFO Officer | 40 | $231,251 | $68,187 |
| JILL HIGHAM | GENERAL COUNSEL Highest-paid employee | 40 | $137,612 | $33,389 |
| DIPEN PATEL | CIS MANAGER Highest-paid employee | 40 | $126,778 | $37,726 |
| TERILYN LARSON | CONTROLLER Highest-paid employee | 40 | $136,508 | $26,030 |
| JAMES MARTELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RIC THOMAS | DIRECTOR/PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT THISTED | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID DIEHL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LUKE DANIEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DEB DEMUTH | DIRECTOR/CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MICHELLE MARTINEZ | DIRECTOR/VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MORRIS PRICE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM DETTERICK | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1870, FORT COLLINS, CO 80522-1870
- Principal officer (990 for 2024)
- ALLEN PADILLA, PO BOX 1870, FORT COLLINS, CO 80522
- Signed the 990
- ALLEN PADILLA, CFO
- Phone
- (970) 491-7135
- Website
- WWW.CSUFOUNDATION.ORG
- Return prepared by
- PLANTE & MORAN PLLC
Mission
SEE SCHEDULE O COLORADO STATE UNIVERSITY FOUNDATION ASSISTS IN THE PROMOTION, DEVELOPMENT, AND ENHANCEMENT OF FACILITIES AND EDUCATIONAL PROGRAMS AND ENHANCEMENTS OF FACULTY, STUDENTS, AND ALUMNI OF COLORADO STATE UNIVERSITY (CSU). THIS IS ACCOMPLISHED THROUGH RECEIVING, MANAGING, AND INVESTING GIFTS. PRINCIPAL AND/OR INCOME FROM THESE GIFTS ARE USED FOR SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES WHICH DIRECTLY OR INDIRECTLY AID AND BENEFIT CSU.
Program accomplishments
- CSU FOUNDATION ASSISTED IN THE PROMOTION, DEVELOPMENT AND ENHANCEMENT OF FACILITIES AND EDUCATIONAL PROGRAMS AND OPPORTUNITIES OF FACULTY, STUDENTS, AND ALUMNI OF COLORADO STATE UNIVERSITY (CSU). DURING THE YEAR, THE FOUNDATION TRANSFERRED APPROXIMATELY $79,000,000 TO CSU AND AFFILIATES. BECAUSE OF THIS AID, CSU WAS ABLE TO AWARD SCHOLARSHIPS AND FELLOWSHIPS TO ITS STUDENTS; PROVIDE FOR ACADEMIC AND INSTRUCTIONAL SUPPORT, RESEARCH EFFORTS, INSTITUTIONAL SUPPORT; AND OPERATION AND MAINTENANCE OF FACILITIES AND EQUIPMENT.Expenses $80,225,348 · grants $79,217,346
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
- 23-7098397
- 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
- 1971
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $864,944,732
- Income (IRS master file)
- $128,386,971
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $117,234,946 | $92,436,659 | $864,944,732 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $96,897,506 | $89,313,101 | $789,972,616 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $89,557,511 | $90,881,779 | $751,934,427 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $163,322,590 | $72,279,922 | $706,044,439 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | 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 23-7098397).
Questions about COLORADO STATE UNIVERSITY FOUNDATION
- What is the EIN of COLORADO STATE UNIVERSITY FOUNDATION?
- The employer identification number (EIN) of COLORADO STATE UNIVERSITY FOUNDATION is 23-7098397.
- Is COLORADO STATE UNIVERSITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
- Are donations to COLORADO STATE UNIVERSITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COLORADO 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 COLORADO 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 COLORADO 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 COLORADO STATE UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2025 names ALLEN PADILLA.
- Who are the officers and directors of COLORADO STATE UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 17 people; 7 received compensation from the organization, the highest $382,032 (CHERI O'NEILL, PRESIDENT/CEO).
- How much revenue does COLORADO STATE UNIVERSITY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $117,234,946, expenses of $92,436,659 and total assets of $864,944,732 at year end.
Other nonprofits in FORT COLLINS
- COLORADO EARLY COLLEGES EIN 20-5470086 · last filed 990 for 2025
- INSTITUTE FOR SHIPBOARD EDUCATION EIN 95-3075415 · last filed 990 for 2025
- RIDGEVIEW CLASSICAL SCHOOLS EIN 84-1567368 · last filed 990 for 2025
- AXIS INTERNATIONAL ACADEMY EIN 83-0824372 · last filed 990 for 2025
- MOUNTAIN SAGE COMMUNITY SCHOOL EIN 27-4313751 · last filed 990 for 2025
- FORT COLLINS MONTESSORI SCHOOL EIN 90-0925441 · last filed 990 for 2025
- NORTHERN COLORADO ACADEMY OF ARTSAND KNOWLEDGE EIN 20-3981564 · last filed 990 for 2025
- THE RIVENDELL SCHOOL OF NORTHERN COLORADO EIN 84-0715315 · last filed 990 for 2025