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Nonprofit · EIN 43-1381504

TRUMAN STATE UNIVERSITY FOUNDATION

Tax-exempt · KIRKSVILLE, MO 63501

Financials

$1.9M$3.9M2022$6.9M$4.9M2023$5M$4.6M2024
Revenue Expenses · by fiscal year end
Financials of TRUMAN STATE UNIVERSITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,027,739$4,633,477$394,262$85,669,112$614,657$85,054,455
June 30, 2024990$6,897,011$4,880,842$2,016,169$78,927,688$588,248$78,339,440
June 30, 2023990$1,852,234$3,945,825-$2,093,591$72,042,524$630,884$71,411,640
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,252,980
Program service revenue
$9,428
Investment income
$1,601,094
Net gain from sales of assets
-$306,348
Other revenue
$164,237

Expenses

Grants and similar amounts paid
$2,739,915
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$27,832
Accounting fees
$30,300
Travel
$274,576
Program services (functional)
$3,901,978
Management and general (functional)
$407,206
Fundraising (functional)
$324,293

Balance sheet and other

Total assets, start of year
$78,927,688
Total assets, end of year
$85,669,112
Total liabilities, end of year
$614,657
Net assets, end of year
$85,054,455
Publicly traded securities
$34,406,768
Net assets without donor restrictions
$6,611,371
Net assets with donor restrictions
$78,443,084
Gross unrelated business income
-$20,406
Gross receipts
$19,871,991
Employees
0
Volunteers
135
Year formed
1984
State of legal domicile
MO

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
DR SUSAN THOMASUNIVERSITY PRESIDENT
Trustee or director, Officer
5$0$340,655$98,971
DR ERNIE HUGHESSECRETARY EX OFFICIO - THRU 12/24
Officer
5$0$169,432$56,878
RASHMI PRASADBOARD MEMBER
Trustee or director
2$0$150,464$47,231
MICHAEL GARZANELLITREASURER EX OFFICIO
Officer
8$0$106,257$38,235
CHARLES HUNSAKERSECRETARY EX OFFICIO - AS OF 11/24
Officer
5$0$89,764$31,305
MARK HERRMANNGENERAL COUNSEL EX OFFICIO
Officer
2$0$59,362$22,124
CALANEET BALASPRESIDENT
Trustee or director, Officer
5$0$0$0
PAUL GARNETTVICE PRESIDENT
Trustee or director, Officer
3$0$0$0
EMMA SUCHSLANDSTUDENT REPRESENTATIVE
Trustee or director
2$0$0$0
JOHN AYRESBOARD MEMBER
Trustee or director
2$0$0$0
PHILIP CHRISTOFFERSONBOARD MEMBER
Trustee or director
2$0$0$0
DAVID CLEAVERBOARD MEMBER
Trustee or director
2$0$0$0
DAVID CLITHEROBOARD MEMBER
Trustee or director
2$0$0$0
ROBERT GAYDENBOARD MEMBER
Trustee or director
2$0$0$0
NANCY GINGRICHBOARD MEMBER
Trustee or director
2$0$0$0
11 more people on this return
NameTitleHours / weekCompensation
AMANDA GIOIABOARD MEMBER
Trustee or director
2$0
LAUREN GRAMLICHBOARD MEMBER
Trustee or director
2$0
LORI HARTBOARD MEMBER
Trustee or director
2$0
JESSICA HILLBOARD MEMBER
Trustee or director
2$0
BILL LOVEGREENBOARD MEMBER
Trustee or director
2$0
TONY MAREKBOARD MEMBER
Trustee or director
2$0
OVETTA SAMPSONBOARD MEMBER
Trustee or director
2$0
AMY KRISTIN SANDERSBOARD MEMBER
Trustee or director
2$0
ROBERT STILLEYBOARD MEMBER
Trustee or director
2$0
JASON TURKBOARD MEMBER
Trustee or director
2$0
DAVID WOODSBOARD MEMBER
Trustee or director
2$0
990 for the year ended June 30, 2024: 25 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR SUSAN THOMASUNIVERSITY PRESIDENT
Trustee or director, Officer
5$0$332,925$92,491
AMY CLENDENNENGENERAL COUNSEL EX OFFICIO
Officer
2$0$157,708$59,927
DR ERNIE HUGHESSECRETARY EX OFFICIO
Officer
5$0$158,256$50,140
RASHMI PRASADBOARD MEMBER
Trustee or director
2$0$147,117$49,364
MICHAEL GARZANELLITREASURER EX OFFICIO
Officer
8$0$103,656$35,443
CALANEET BALASPRESIDENT
Trustee or director, Officer
5$0$0$0
PAUL GARNETTVICE PRESIDENT
Trustee or director, Officer
3$0$0$0
EMMA SUCHSLANDSTUDENT REPRESENTATIVE
Trustee or director
2$0$0$0
JAMIE MATTHEWSALUMNI REPRESENTATIVE
Trustee or director
2$0$0$0
JOHN AYRESBOARD MEMBER
Trustee or director
2$0$0$0
RYAN BRENNANBOARD MEMBER
Trustee or director
2$0$0$0
PHILIP CHRISTOFFERSONBOARD MEMBER
Trustee or director
2$0$0$0
DAVID CLEAVERBOARD MEMBER
Trustee or director
2$0$0$0
DAVID CLITHEROBOARD MEMBER
Trustee or director
2$0$0$0
ROBERT GAYDENBOARD MEMBER
Trustee or director
2$0$0$0
NANCY GINGRICHBOARD MEMBER
Trustee or director
2$0$0$0
AMANDA GIOIABOARD MEMBER
Trustee or director
2$0$0$0
LAUREN GRAMLICHBOARD MEMBER
Trustee or director
2$0$0$0
JESSICA HILLBOARD MEMBER
Trustee or director
2$0$0$0
TONY MAREKBOARD MEMBER
Trustee or director
2$0$0$0
AMY KRISTIN SANDERSBOARD MEMBER
Trustee or director
2$0$0$0
RYAN SHREVEBOARD MEMBER
Trustee or director
2$0$0$0
ROBERT STILLEYBOARD MEMBER
Trustee or director
2$0$0$0
JASON TURKBOARD MEMBER
Trustee or director
2$0$0$0
DAVID WOODSBOARD MEMBER
Trustee or director
2$0$0$0
990 for the year ended June 30, 2023: 23 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR SUSAN THOMASUNIVERSITY PRESIDENT
Trustee or director, Officer
5$0$317,186$84,996
AMY CLENDENNENGENERAL COUNSEL EX OFFICIO
Officer
2$0$153,054$54,634
DR ERNIE HUGHESSECRETARY EX OFFICIO
Officer
5$0$153,152$38,990
DR TIMOTHY WALSTONBOARD MEMBER
Trustee or director
2$0$124,275$17,923
MICHAEL GARZANELLITREASURER EX OFFICIO
Officer
8$0$100,223$32,396
CALANEET BALASPRESIDENT
Trustee or director, Officer
5$0$0$0
PAUL GARNETTVICE PRESIDENT
Trustee or director, Officer
3$0$0$0
DAWN TARTAGLIONEIMMEDIATE PAST PRESIDENT
Trustee or director
2$0$0$0
SHIKHA BHATTRAISTUDENT REPRESENTATIVE
Trustee or director
2$0$0$0
JAMIE MATTHEWSALUMNI REPRESENTATIVE
Trustee or director
2$0$0$0
RYAN BRENNANBOARD MEMBER
Trustee or director
2$0$0$0
SARAH BURKEMPERBOARD MEMBER
Trustee or director
2$0$0$0
DAVID CLITHEROBOARD MEMBER
Trustee or director
2$0$0$0
NANCY GINGRICHBOARD MEMBER
Trustee or director
2$0$0$0
AMANDA GIOIABOARD MEMBER
Trustee or director
2$0$0$0
LAUREN GRAMLICHBOARD MEMBER
Trustee or director
2$0$0$0
JESSICA HILLBOARD MEMBER
Trustee or director
2$0$0$0
DMITRI IVANOVBOARD MEMBER
Trustee or director
2$0$0$0
TONY MAREKBOARD MEMBER
Trustee or director
2$0$0$0
RYAN SHREVEBOARD MEMBER
Trustee or director
2$0$0$0
ROBERT STILLEYBOARD MEMBER
Trustee or director
2$0$0$0
JASON TURKBOARD MEMBER
Trustee or director
2$0$0$0
DAVID WOODSBOARD MEMBER
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
100 E NORMAL ST 105 MCCLAIN HALL, KIRKSVILLE, MO 63501-0000
In care of
% MARK GAMBAIANA
Principal officer (990 for 2024)
DR SUSAN THOMAS, 105 MCCLAIN HALL, KIRKSVILLE, MO 63501
Signed the 990
DR SUSAN THOMAS, UNIVERSITY PRESIDENT
Phone
(660) 785-4150
Return prepared by
RUBINBROWN LLP

Mission

THE MISSION OF THE TRUMAN STATE UNIVERSITY FOUNDATION IS TO SUPPORT THE GOALS AND ACTIVITIES OF TRUMAN STATE UNIVERSITY BY OBTAINING FINANCIAL SUPPORT, NURTURING VIABLE RELATIONSHIPS WITH EXTERNAL CONSTITUENCIES, AND SERVING AS PRUDENT FINANCIAL STEWARDS OF THE FOUNDATION'S RESOURCES.

990 for the year ended June 30, 2025

Program accomplishments

  • SCHOLARSHIP PROGRAMS: SCHOLARSHIPS ARE PROVIDED FOR TRUMAN STATE UNIVERSITY STUDENTS IN ACCORDANCE WITH CRITERIA ESTABLISHED BY DONORS FOR THE VARIOUS SCHOLARSHIP FUNDS. FOR FISCAL YEAR 2025, THE FOUNDATION GRANTED SCHOLARSHIPS TO 756 STUDENTS.
    Expenses $1,519,136 · grants $1,519,136
  • HIGHER EDUCATION: FUNDS ARE DONATED TO THE FOUNDATION IN SUPPORT OF ACADEMIC AREAS AND INITIATIVES AT TRUMAN STATE UNIVERSITY, WHICH INCLUDES EXPENDITURES FOR OPERATING EXPENSES OF THE VARIOUS ACADEMIC UNITS, INSTITUTIONAL CAPITAL PROJECTS, ACADEMIC LEARNING EVENTS, AND SUPPLEMENTING OF THE BUDGETS FOR THE VARIOUS DEPARTMENTS PROVIDED BY THE UNIVERSITY. THE FOUNDATION ALSO OPERATES A STUDENT LOAN FUND WHICH MAKES LOANS ONLY TO TRUMAN STATE UNIVERSITY STUDENTS TO ASSIST THEM WITH THE COST OF ATTENDANCE AT THE UNIVERSITY.
    Expenses $2,124,862 · grants $1,130,951 · revenue $9,428
  • ATHLETIC AND SPORTS PROGRAMS: FUNDS ARE DONATED TO THE FOUNDATION IN SUPPORT OF THE ATHLETIC PROGRAMS AT TRUMAN STATE UNIVERSITY. THE FOUNDATION AND UNIVERSITY SUPPORT 18 SPORTS PROGRAMS AND 369 STUDENT ATHLETES. THE SUPPORT FROM THE FOUNDATION IS USED FOR SUCH AREAS AS TEAM TRAVEL TO SPORTING EVENTS AND OTHER DIRECT EXPENSES OF THE SPORTS PROGRAMS.
    Expenses $257,980 · grants $89,828

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
43-1381504
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1985
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B114)
Assets (IRS master file)
$85,669,112
Income (IRS master file)
$19,871,991

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,027,739$4,633,477$85,669,112XML
990-TJune 2025–––IRS
990June 2024$6,897,011$4,880,842$78,927,688XML
990-TJune 2024–––IRS
990June 2023$1,852,234$3,945,825$72,042,524XML
990-TJune 2023–––IRS
990June 2022$10,814,478$3,082,008$67,951,751IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 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 43-1381504).

Questions about TRUMAN STATE UNIVERSITY FOUNDATION

What is the EIN of TRUMAN STATE UNIVERSITY FOUNDATION?
The employer identification number (EIN) of TRUMAN STATE UNIVERSITY FOUNDATION is 43-1381504.
Is TRUMAN STATE UNIVERSITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to TRUMAN STATE UNIVERSITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TRUMAN 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 TRUMAN 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 TRUMAN 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 TRUMAN STATE UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 names DR SUSAN THOMAS.
Who are the officers and directors of TRUMAN STATE UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 26 people; 0 received compensation from the organization.
How much revenue does TRUMAN STATE UNIVERSITY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,027,739, expenses of $4,633,477 and total assets of $85,669,112 at year end.

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