Nonprofit · EIN 48-0667209
KANSAS STATE UNIVERSITY FOUNDATION
Tax-exempt · MANHATTAN, KS 66502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $233,578,614 | $175,943,767 | $57,634,847 | $1,517,758,764 | $102,237,467 | $1,415,521,297 |
| June 30, 2024 | 990 | $265,184,453 | $160,469,150 | $104,715,303 | $1,411,803,863 | $110,907,030 | $1,300,896,833 |
| June 30, 2023 | 990 | $185,341,726 | $139,708,363 | $45,633,363 | $1,336,368,901 | $112,954,690 | $1,223,414,211 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $172,920,776
- Membership dues
- $1,058,547
- Program service revenue
- $27,634,144
- Investment income
- $24,692,957
- Royalties
- $41,186
- Net rental income
- $4,057,269
- Net gain from sales of assets
- $19,950,314
- Net income from fundraising events
- $965,384
- Other revenue
- $8,330,737
Expenses
- Grants and similar amounts paid
- $88,800,859
- Compensation of officers, directors and key employees
- $2,462,546
- Other salaries and wages
- $13,859,386
- Salaries, compensation and benefits (total)
- $21,161,827
- Professional fundraising fees
- $0
- Legal fees
- $380,785
- Accounting fees
- $237,649
- Occupancy
- $1,657,056
- Travel
- $2,172,632
- Depreciation
- $628,956
- Program services (functional)
- $130,002,463
- Management and general (functional)
- $29,376,639
- Fundraising (functional)
- $16,564,665
Balance sheet and other
- Total assets, start of year
- $1,411,803,863
- Total assets, end of year
- $1,517,758,764
- Total liabilities, end of year
- $102,237,467
- Net assets, end of year
- $1,415,521,297
- Land, buildings and equipment
- $72,852,170
- Publicly traded securities
- $592,638,803
- Net assets without donor restrictions
- $127,505,714
- Net assets with donor restrictions
- $1,288,015,583
- Gross unrelated business income
- $767,810
- Gross receipts
- $440,400,336
- Employees
- 259
- Volunteers
- 500
- Year formed
- 1944
- State of legal domicile
- KS
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 |
|---|---|---|---|---|
| GREG WILLEMS | PRESIDENT/CEO Officer | 45 | $767,530 | $156,224 |
| GREG LOHRENTZ | SR VP OPERATIONS AND FINANCE Officer | 45 | $483,641 | $78,861 |
| PAUL CHAI | VP FOR INVESTMENTS/CIO Officer | 45 | $390,493 | $66,815 |
| ERIC HOLDERNESS | SR ASSOCIATE VP OF DEVELOPMENT Key employee | 45 | $294,589 | $67,040 |
| MATTHEW SMAGACZ | DIRECTOR OF INVESTMENTS Highest-paid employee | 45 | $241,455 | $54,316 |
| CHRISTOPHER MILLS | AVP INFORMATION TECH AND INFRA Highest-paid employee | 45 | $235,809 | $53,863 |
| STEPHANIE FROEHLICH | SR VP OF DEVELOPMENT UNTIL MAY 2024 Former | 0 | $235,551 | $27,202 |
| SHEILA WALKER | AVP OF COLLEGIATE DEVELOPMENT Highest-paid employee | 45 | $213,627 | $48,843 |
| DARCI CAIN | SR. DIRECTOR OF GIFT PLANNING Highest-paid employee | 45 | $197,367 | $49,205 |
| SUSAN BERHOW | Vice President of Marketing Communications Highest-paid employee | 45 | $188,874 | $56,127 |
| DEBORAH TUTTLE | AVP FINANCE & ACCT, CONTROLLER Officer | 45 | $183,227 | $49,261 |
| CHRISTY SCOTT | AVP OF COMPLIANCE SERVICES Officer | 40 | $175,435 | $18,224 |
| CHARLENE LAKE | CHAIR, BOARD OF DIRECTORS Trustee or director, Officer | 1 | $0 | $0 |
| LEANN CARET | TREASURER, BOARD OF DIRECTORS Trustee or director, Officer | 1 | $0 | $0 |
| STEVE THEEDE | VICE-CHAIR, BOARD OF DIRECTORS Trustee or director, Officer | 1 | $0 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TIM TAYLOR | SECRETARY, BOARD OF DIRECTORS Trustee or director, Officer | 1 | $0 |
| CHANCY LOVE | MEMBER, BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| CHUCK WARTA | MEMBER, BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| DAMON HININGER | MEMBER, BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| DAVID EVERITT | MEMBER, BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| GABE HERNANDEZ | MEMBER, BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| JIM JOHNSON | MEMBER, BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| JOHN BUSER | MEMBER, BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| JP BILBREY | MEMBER, BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| MARK GARDINER | MEMBER, BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| MARY VANIER | MEMBER, BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| RAY DEMPSEY | MEMBER, BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| SABRINA SCHRINER | MEMBER, BOARD OF DIRECTORS Trustee or director | 1 | $0 |
| SUE BARSAMIAN | MEMBER, BOARD OF DIRECTORS Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 31 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GREG WILLEMS | PRESIDENT/CEO Officer | 45 | $714,700 | $148,660 |
| LOIS COX | VP FOR INVESTMENTS/CIO Officer | 40 | $609,584 | $60,782 |
| GREG LOHRENTZ | SR VP OPERATIONS AND FINANCE Officer | 45 | $446,764 | $72,621 |
| PAUL CHAI | VP FOR INVESTMENTS/CIO Officer | 45 | $416,284 | $57,058 |
| STEPHANIE FROEHLICH | SR VP OF DEVELOPMENT Key employee | 45 | $336,564 | $59,186 |
| ERIC HOLDERNESS | SR ASSOCIATE VP OF DEVELOPMENT Key employee | 45 | $250,164 | $50,299 |
| CHRISTOPHER MILLS | AVP INFORMATION TECH AND INFRA Highest-paid employee | 45 | $201,939 | $53,452 |
| JILL TREGO | VP CULTURE AND ENGAGEMENT Highest-paid employee | 45 | $188,330 | $52,971 |
| SHEILA WALKER | AVP OF COLLEGIATE DEVELOPMENT Highest-paid employee | 45 | $188,240 | $52,548 |
| DARCI CAIN | SR. DIRECTOR OF GIFT PLANNING Highest-paid employee | 45 | $189,139 | $46,509 |
| SUSAN BERHOW | Vice President of Marketing Communications Highest-paid employee | 45 | $166,503 | $49,840 |
| DEBORAH TUTTLE | AVP FINANCE & ACCT, CONTROLLER Officer | 45 | $160,030 | $44,676 |
| CHRISTY SCOTT | AVP OF COMPLIANCE SERVICES Officer | 40 | $155,030 | $18,011 |
| CHARLENE LAKE | CHAIR, BD OF DIRECTORS Trustee or director, Officer | 1 | $0 | $0 |
| LEANN CARET | TREASURER, BD OF DIRECTORS Trustee or director, Officer | 1 | $0 | $0 |
| STEVE THEEDE | VICE-CHAIR, BD OF DIRECTORS Trustee or director, Officer | 1 | $0 | $0 |
| TIM TAYLOR | SECRETARY, BD OF DIRECTORS Trustee or director, Officer | 1 | $0 | $0 |
| CHANCY LOVE | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| CHUCK WARTA | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| DAMON HININGER | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| DAVID EVERITT | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| GABE HERNANDEZ | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| JIM JOHNSON | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| JOHN BUSER | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| JP BILBREY | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| MARK GARDINER | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| MARY VANIER | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| RAY DEMPSEY | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| SABRINA SCHRINER | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| SUE BARSAMIAN | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| TIM OSWALT | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LOIS COX | VP FOR INVESTMENTS/CIO Officer | 40 | $631,612 | $209,986 |
| GREG WILLEMS | PRESIDENT/CEO Officer | 45 | $637,442 | $128,213 |
| GREG LOHRENTZ | SR VP OPERATIONS AND FINANCE Officer | 40 | $421,208 | $67,255 |
| PAUL CHAI | VP FOR INVESTMENTS/CIO Officer | 40 | $358,329 | $48,283 |
| STEPHANIE FROEHLICH | SR VP OF DEVELOPMENT Key employee | 45 | $296,243 | $53,195 |
| ERIC HOLDERNESS | SR ASSOCIATE VP OF DEVELOPMENT Highest-paid employee | 45 | $203,737 | $44,071 |
| CHRISTOPHER MILLS | AVP INFORMATION TECH AND INFRA Highest-paid employee | 45 | $190,666 | $48,382 |
| JILL TREGO | VP CULTURE AND ENGAGEMENT Highest-paid employee | 45 | $182,937 | $48,702 |
| SHEILA WALKER | AVP OF COLLEGIATE DEVELOPMENT Highest-paid employee | 45 | $182,051 | $48,319 |
| DEBORAH TUTTLE | AVP FINANCE & ACCT, CONTROLLER Officer | 39 | $152,858 | $41,229 |
| SUSAN BERHOW | VP OF MARKETING & COMMUNICATIO Highest-paid employee | 45 | $147,555 | $45,123 |
| CHRISTY SCOTT | AVP OF COMPLIANCE SERVICES Officer | 40 | $149,538 | $17,268 |
| MARY VANIER | CHAIR, BD OF DIRECTORS Trustee or director, Officer | 1 | $0 | $0 |
| STEVE THEEDE | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| GABE HERNANDEZ | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| SUE BARSAMIAN | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| CANDY DUNCAN | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| CHARLENE LAKE | TREASURER, BD OF DIRECTORS Trustee or director, Officer | 1 | $0 | $0 |
| DAMON HININGER | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| DAVID EVERITT | TREASURER, BD OF DIRECTORS Trustee or director, Officer | 1 | $0 | $0 |
| JP BILBREY | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| JIM JOHNSON | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| KELLY LECHTENBERG | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| LEANN CARET | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| TIM OSWALT | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| RAY DEMPSEY | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| SABRINA SCHRINER | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| TIM TAYLOR | SECRETARY, BD OF DIRECTORS Trustee or director, Officer | 1 | $0 | $0 |
| CHUCK WARTA | MEMBER, BD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1800 KIMBALL AVE STE 200, MANHATTAN, KS 66502-3373
- In care of
- % GREG LOHRENTZ
- Principal officer (990 for 2024)
- GREG LOHRENTZ, 1800 KIMBALL AVE STE 200, MANHATTAN, KS 66502
- Signed the 990
- GREG LOHRENTZ, SR VP OPS/FINANCE
- Phone
- (785) 775-2000
- Website
- WWW.KSUFOUNDATION.ORG
- Return prepared by
- FORVIS LLP
Mission
THE MISSION OF THE KANSAS STATE UNIVERSITY FOUNDATION IS TO SECURE AND PRUDENTLY MANAGE PRIVATE GIFTS IN SUPPORT OF KANSAS STATE UNIVERSITY AND FOSTER A CULTURE THAT UNITES PHILANTHROPIC DESIRES WITH UNIVERSITY PRIORITIES.
Program accomplishments
- KANSAS STATE UNIVERSITY ADMINISTRATIVE SUPPORT FOR CENTRAL ADMINISTRATION, COLLEGES AND ATHLETICS. EXPENDITURES INCLUDE MONIES TRANSFERRED AND OR EXPENDED FOR SALARIES FOR FACULTY AND STAFF, TRAVEL FOR CONFERENCES, SEMINARS, SPEAKERS, VISITING PROFESSORS, EMPLOYEE RECRUITMENT, PROFESSIONAL AND CONSULTING SERVICES, EQUIPMENT AND COMPUTING PURCHASES. ADDITIONALLY, MONIES ARE TRANSFERRED TO ATHLETICS FOR USE IN SUPPORT OF ACADEMIC SERVICES, SPORTS MEDICINE, EQUIPMENT AND COMPUTER PURCHASES, TRAVEL COSTS AS WELL AS CAPITAL IMPROVEMENTS.Expenses $66,694,455 · grants $47,219,266 · revenue $27,032,335
- KANSAS STATE UNIVERSITY ACADEMIC SUPPORT EXPENDITURES ARE MADE FOR THE PURCHASE OF COMPUTER HARDWARE AND SOFTWARE, FURNITURE AND EQUIPMENT, PROFESSIONAL SERVICES AND CONSULTATIONS, CLASSROOM AND LAB SUPPLIES.Expenses $27,729,068 · grants $11,757,244
- KANSAS STATE UNIVERSITY SCHOLARSHIPS--GENEROUS DONORS TO KANSAS STATE UNIVERSITY FOUNDATION HAVE PROVIDED ENDOWED AND EXPENDABLE FUNDS TO BE USED FOR PROVIDING SCHOLARSHIPS TO UNDERGRADUATE AND GRADUATE STUDENTS OF KANSAS STATE UNIVERSITY. 10,756 STUDENTS RECEIVED SCHOLARSHIP ASSISTANCE DURING THE 24/25 ACADEMIC YEAR.Expenses $26,242,184 · grants $25,926,540 · revenue $56
- KANSAS STATE UNIVERSITY CONSTRUCTION PROJECTS, INCLUDING CONSTRUCTION AND PROFESSIONAL SERVICES, ASSOCIATED WITH THE CONSTRUCTION & IMPROVEMENT OF BUILDINGS LOCATED ON THE CAMPUS OF KANSAS STATE UNIVERSITY.Expenses $9,336,756 · grants $3,897,809 · revenue $601,753
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
- 48-0667209
- 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
- 1945
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $1,517,758,764
- Income (IRS master file)
- $440,400,336
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $233,578,614 | $175,943,767 | $1,517,758,764 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $265,184,453 | $160,469,150 | $1,411,803,863 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $185,341,726 | $139,708,363 | $1,336,368,901 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $256,518,677 | $126,437,816 | $1,256,682,544 | 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 48-0667209).
Questions about KANSAS STATE UNIVERSITY FOUNDATION
- What is the EIN of KANSAS STATE UNIVERSITY FOUNDATION?
- The employer identification number (EIN) of KANSAS STATE UNIVERSITY FOUNDATION is 48-0667209.
- Is KANSAS STATE UNIVERSITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1945.
- Are donations to KANSAS STATE UNIVERSITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KANSAS 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 KANSAS 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 KANSAS 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 KANSAS STATE UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2025 names GREG LOHRENTZ.
- Who are the officers and directors of KANSAS STATE UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 29 people; 12 received compensation from the organization, the highest $767,530 (GREG WILLEMS, PRESIDENT/CEO).
- How much revenue does KANSAS STATE UNIVERSITY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $233,578,614, expenses of $175,943,767 and total assets of $1,517,758,764 at year end.
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- DIAGNOSTIC SERVICES OF KANSAS STATE INC EIN 85-4082798 · last filed 990 for 2025
- ALUMNI ASSOCIATION OF KANSAS STATE UNIVERSITY EIN 48-0495058 · last filed 990 for 2025
- NACADA THE GLOBAL COMMUNITY FOR ACADEMIC ADVISING INC EIN 48-1114759 · last filed 990 for 2024
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