Nonprofit · EIN 38-6115813
FERRIS FOUNDATION
Tax-exempt · BIG RAPIDS, MI 49307
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $12,550,062 | $11,429,785 | $1,120,277 | $135,070,689 | $82,517 | $134,988,172 |
| June 30, 2024 | 990 | $10,812,102 | $8,371,228 | $2,440,874 | $131,149,686 | $275,108 | $130,874,578 |
| June 30, 2023 | 990 | $8,366,973 | $7,184,957 | $1,182,016 | $123,419,079 | $131,026 | $123,288,053 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,793,762
- Program service revenue
- $0
- Investment income
- $6,846,952
- Net gain from sales of assets
- $4,554,447
- Net income from fundraising events
- -$90,652
- Other revenue
- -$90,652
Expenses
- Grants and similar amounts paid
- $9,490,722
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $4,312
- Program services (functional)
- $11,090,722
- Management and general (functional)
- $325,863
- Fundraising (functional)
- $13,200
Balance sheet and other
- Total assets, start of year
- $131,149,686
- Total assets, end of year
- $135,070,689
- Total liabilities, end of year
- $82,517
- Net assets, end of year
- $134,988,172
- Publicly traded securities
- $17,962,232
- Net assets without donor restrictions
- $7,557,843
- Net assets with donor restrictions
- $127,430,329
- Gross unrelated business income
- $251,874
- Gross receipts
- $19,121,088
- Employees
- 0
- Volunteers
- 103
- Year formed
- 1991
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR BILL PINK | PRESIDENT, FERRIS STATE UN Officer | 0.3 | $0 | $468,695 | $47,849 |
| DR DAVID PILGRIM | BOARD MEMBER/PROFESSOR OF Trustee or director | 0.3 | $0 | $235,159 | $49,928 |
| AMANDA MATHESON | TREASURER Officer | 1 | $0 | $225,834 | $34,320 |
| KATHY MULLINS | EXECUTIVE BOARD/VP OF ADVA Officer | 0.3 | $0 | $195,666 | $41,048 |
| SUSAN JONES | BOARD MEMBER/PROFESSOR OF Trustee or director | 0.3 | $0 | $191,940 | $42,337 |
| JENNIFER TODD | EXECUTIVE DIRECTOR Officer | 20 | $0 | $143,876 | $1,250 |
| MATTHEW BISSETT | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| PAUL DOYLE | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DENISE GRAVES | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DR JEAN K ELDER | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DR DANA KING | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| JENIFER CUTTER | CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| ARLEN-DEAN GADDY | BOARD MEMBER Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| GARY GRANGER | BOARD MEMBER/PART-YEAR Trustee or director | 0.3 | $0 | $0 | $0 |
| EMILY HANCOCK | BOARD MEMBER Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
21 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRISTINE VISNER | BOARD MEMBER/PART-YEAR Trustee or director | 0.3 | $0 |
| KURT HOFMAN | BOARD MEMBER/PART-YEAR Trustee or director | 0.3 | $0 |
| DR JOHN ENGELMAN II | BOARD MEMBER Trustee or director | 0.3 | $0 |
| ANDREW KALINOWSKI | BOARD MEMBER Trustee or director | 0.3 | $0 |
| RUSSELL VISNER | BOARD MEMBER/PART-YEAR Trustee or director | 0.3 | $0 |
| MATTHEW NAWROCKI | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DR THOMAS P SCHOLLER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| RICHARD SHAW | BOARD MEMBER Trustee or director | 0.3 | $0 |
| KEVIN SIMON | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DR ALTON SMITH | BOARD MEMBER Trustee or director | 0.3 | $0 |
| HOWARD C STROSS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JEREMY AMSHEY | BOARD MEMBER Trustee or director | 0.3 | $0 |
| SARAH CHADWICK | BOARD MEMBER Trustee or director | 0.3 | $0 |
| SHANE NAPPER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DAVE NEITZER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| LAURIE PLACINCKI | SECRETARY Trustee or director | 0.3 | $0 |
| MICHAEL J VAN DIEPENBOS | BOARD MEMBER Trustee or director | 0.3 | $0 |
| LINDA HOOK | BOARD MEMBER Trustee or director | 0.3 | $0 |
| DARIUS QUINN | BOARD MEMBER Trustee or director | 0.3 | $0 |
| JENNIFER WHEELER | BOARD MEMBER Trustee or director | 0.3 | $0 |
| KENNETH BAILEY | BOARD MEMBER Officer | 0.3 | $0 |
990 for the year ended June 30, 2024: 34 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR BILL PINK | PRESIDENT, FERRIS STATE UNIVERSITY Officer | 0.3 | $0 | $478,008 | $41,319 |
| DR DAVID PILGRIM | BOARD MEMBER/PROFESSOR OF SOCIOLOGY Trustee or director | 0.3 | $0 | $236,744 | $48,573 |
| SUSAN JONES | BOARD MEMBER/PROFESSOR OF MARKETING Trustee or director | 0.3 | $0 | $208,815 | $43,546 |
| KATHY MULLINS | EXECUTIVE BOARD/VP OF ADVANCEMENT Officer | 0.3 | $0 | $194,617 | $36,964 |
| JENNIFER TODD | EXECUTIVE DIRECTOR Officer | 20 | $0 | $79,292 | $21,569 |
| AMANDA MATHESON | TREASURER Officer | 1 | $0 | $66,556 | $10,611 |
| MATTHEW BISSETT | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| KEVIN CROSS | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| PAUL DOYLE | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DENISE GRAVES | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DR JEAN K ELDER | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DR DANA KING | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| JENIFER CUTTER | CHAIR ELECT Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| ARLEN-DEAN GADDY | CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| GARY GRANGER | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| EMILY HANCOCK | SECRETARY Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| CHRISTINE VISNER | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| KURT HOFMAN | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DR JOHN ENGELMAN II | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| ANDREW KALINOWSKI | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| RUSSELL VISNER | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| MATTHEW NAWROCKI | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DR THOMAS P SCHOLLER | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| RICHARD SHAW | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| KEVIN SIMON | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DR ALTON SMITH | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| HOWARD C STROSS | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| JEREMY AMSHEY | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| SARAH CHADWICK | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| SHANE NAPPER | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DAVE NEITZER | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| LAURIE PLACINCKI | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| MICHAEL J VAN DIEPENBOS | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| KENNETH BAILEY | BOARD MEMBER Officer | 0.3 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 32 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DR DAVD PILGRIM | BOARD MEMBER Trustee or director | 0.3 | $0 | $236,926 | $47,979 |
| DR BILL PINK | PRESIDENT, FERRIS STATE UNIVERSITY Officer | 0.3 | $0 | $249,533 | $27,431 |
| JIM BACHMEIER | TREASURER Officer | 1 | $0 | $227,000 | $44,059 |
| SUSAN JONES | BOARD MEMBER Trustee or director | 0.3 | $0 | $171,311 | $39,882 |
| ROBERT MURRAY | EXECUTIVE DIRECTOR Trustee or director, Officer | 0.3 | $0 | $148,563 | $38,601 |
| BARBARA BENDA | BOARD MEMBER Trustee or director | 0.3 | $0 | $119,178 | $35,266 |
| JENNIFER SHAW | EXECUTIVE DIRECTOR Trustee or director, Officer | 20 | $0 | $0 | $0 |
| ARLEN-DEAN GADDY | CHAIR ELECT Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| EMILY HANCOCK | SECRETARY Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| KURT HOFMAN | IMMEDIATE PAST-CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| TIM MURPHY | CHAIR Trustee or director, Officer | 0.3 | $0 | $0 | $0 |
| RUSSELL VISNER | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DR ALTON SMITH | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| GARY GRANGER | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| JACK ROBERTS | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| HOWARD C STROSS | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| CHRISTINE VISNER | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| MATTHEW NAWROCKI | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DR JOHN ENGELMAN II | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DR THOMAS P SCHOLLER | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| KEVIN SIMON | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DR JEAN K ELDER | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| KEVIN CROSS | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| MATTHEW BISSETT | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| PAUL DOYLE | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DENISE GRAVES | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| DR DANA KING | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| JENIFER CUTTER | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| ANDREW KALINOWSKI | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| RICHARD SHAW | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| KENNETH BAILEY | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
| TERRY STEWART | BOARD MEMBER Trustee or director | 0.3 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 420 OAK STREET PRAKKEN 101, BIG RAPIDS, MI 49307-2000
- Principal officer (990 for 2024)
- CASSIE TENNANT, 420 OAK STREET PRAKKEN 101, BIG RAPIDS, MI 493072031
- Signed the 990
- CASSIE TENNANT, AVP OF FINANCE
- Phone
- (231) 591-2365
- Website
- WWW.FERRIS.EDU/FOUNDATION
- Return prepared by
- PLANTE & MORAN PLLC
Mission
THE FOUNDATION WAS ESTABLISHED TO ADVANCE THE MISSION AND GOALS OF FERRIS STATE UNIVERSITY BY GENERATING AND MANAGING PRIVATE SUPPORT FOR THE UNIVERSITY.
Program accomplishments
- OUR MISSION IS ACCOMPLISHED THROUGH: A COMPREHENSIVE, AGGRESSIVE, AND ETHICAL PRIVATE FUNDRAISING PROGRAM TARGETED TOWARD IDENTIFIED UNIVERSITY NEEDS AND GOALS; AGGRESSIVE, YET PRUDENT, FISCAL MANAGEMENT OF LONG-TERM PRIVATE ASSETS; AND ENTHUSIASTIC AND ETHICAL ADVOCACY OF THE UNIVERSITY AMONG ALL ITS CONSTITUENTS.Expenses $11,090,722 · grants $9,490,722
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
- 38-6115813
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1966
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $135,070,689
- Income (IRS master file)
- $19,121,088
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $12,550,062 | $11,429,785 | $135,070,689 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $10,812,102 | $8,371,228 | $131,149,686 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $8,366,973 | $7,184,957 | $123,419,079 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $12,993,679 | $7,975,969 | $118,188,680 | 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 38-6115813).
Questions about FERRIS FOUNDATION
- What is the EIN of FERRIS FOUNDATION?
- The employer identification number (EIN) of FERRIS FOUNDATION is 38-6115813.
- Is FERRIS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
- Are donations to FERRIS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does FERRIS 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 FERRIS 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 FERRIS 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 FERRIS FOUNDATION?
- The 990 for the year ended June 30, 2025 names CASSIE TENNANT.
- Who are the officers and directors of FERRIS FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 36 people; 0 received compensation from the organization.
- How much revenue does FERRIS FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $12,550,062, expenses of $11,429,785 and total assets of $135,070,689 at year end.
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