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Nonprofit · EIN 61-0459494

COLLEGE HEIGHTS FOUNDATION INC

Tax-exempt · BOWLING GREEN, KY 42101

Financials

$23.1M$17.3M2023$48.2M$21.5M2024
Revenue Expenses · by fiscal year end
Financials of COLLEGE HEIGHTS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$48,216,006$21,475,422$26,740,584$304,511,705$32,441,515$272,070,190
December 31, 2023990 (amended)$23,067,395$17,335,169$5,732,226$257,436,367$29,571,850$227,864,517
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$33,822,375
Program service revenue
$0
Investment income
$14,363,119
Net rental income
$24,325
Net gain from sales of assets
$8,857,830
Other revenue
$30,512

Expenses

Grants and similar amounts paid
$8,549,863
Compensation of officers, directors and key employees
$618,650
Other salaries and wages
$537,541
Salaries, compensation and benefits (total)
$1,321,716
Professional fundraising fees
$0
Legal fees
$844
Accounting fees
$41,348
Occupancy
$26,914
Travel
$2,853,446
Depreciation
$46,141
Program services (functional)
$17,904,811
Management and general (functional)
$3,336,833
Fundraising (functional)
$233,778

Balance sheet and other

Total assets, start of year
$257,436,367
Total assets, end of year
$304,511,705
Total liabilities, end of year
$32,441,515
Net assets, end of year
$272,070,190
Land, buildings and equipment
$1,168,022
Publicly traded securities
$205,581,997
Net assets without donor restrictions
$17,861,181
Net assets with donor restrictions
$254,209,009
Gross receipts
$95,510,966
Employees
15
Volunteers
16
Year formed
1923
State of legal domicile
KY

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
TIMOTHY CABONIWKU PRESEIDENT (EX-OFFICIO
Officer
2$0$625,702$61,474
DONALD SMITHPRESIDENT
Officer
35$217,476$0$29,130
CYNTHIA WILKERSONTREASURER
Officer
35$171,504$0$56,883
JESSICA CARVERVICE PRESIDENT
Officer
40$115,008$0$22,434
KARA NEIDELLSECRETARY (INCOMING)
Officer
40$0$59,004$24,265
SUE MILLERSECRETARY (OUTGOING)
Officer
8$6,215$0$0
AMY HALE CHANDLERDIRECTOR
Trustee or director
1$0$0$0
GEN E DANIEL CHERRYDIRECTOR
Trustee or director
1$0$0$0
ALEXANDER DOWNINGDIRECTOR
Trustee or director
1$0$0$0
LYDIA DORMANDIRECTOR
Trustee or director
1$0$0$0
CLARENCE GLOVERDIRECTOR
Trustee or director
1$0$0$0
R HARVEY JOHNSTON IIIDIRECTOR
Trustee or director
1$0$0$0
MARC A LOVELLDIRECTOR
Trustee or director
1$0$0$0
JIM MARTENSDIRECTOR
Trustee or director
1$0$0$0
JERRY MARTINDIRECTOR
Trustee or director
1$0$0$0
6 more people on this return
NameTitleHours / weekCompensation
DEANNA MILLSDIRECTOR
Trustee or director
1$0
MICHAEL L SIMPSONDIRECTOR
Trustee or director
1$0
SHANNON VITALEDIRECTOR
Trustee or director
1$0
GARRY WATKINSDIRECTOR
Trustee or director
1$0
MICHELLE WELLSDIRECTOR
Trustee or director
1$0
BOB YOUNGDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 23 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TIMOTHY CABONIWKU PRESEIDENT (EX-OFFICIO BOARD MEMBER)
Officer
2$0$613,995$57,851
DONALD SMITHPRESIDENT
Officer
35$0$237,058$60,673
CYNTHIA WILKERSONTREASURER
Officer
35$0$156,996$45,776
JESSICA CARVERVICE PRESIDENT
Officer
40$0$100,008$25,225
SUE MILLERSECRETARY
Officer
8$0$3,816$311
PAUL CALICODIRECTOR
Trustee or director
1$0$0$0
GEN E DANIEL CHERRYDIRECTOR
Trustee or director
1$0$0$0
ALEXANDER DOWNINGDIRECTOR
Trustee or director
1$0$0$0
JACK GLASSERDIRECTOR
Trustee or director
1$0$0$0
CLARENCE GLOVERDIRECTOR
Trustee or director
1$0$0$0
JENNIFER GREULICHDIRECTOR
Trustee or director
1$0$0$0
R HARVEY JOHNSTON IIIDIRECTOR
Trustee or director
1$0$0$0
MARC A LOVELLDIRECTOR
Trustee or director
1$0$0$0
JIM MARTENSDIRECTOR
Trustee or director
1$0$0$0
JERRY MARTINDIRECTOR
Trustee or director
1$0$0$0
KIM MENKEDIRECTOR
Trustee or director
1$0$0$0
DEANNA MILLSDIRECTOR
Trustee or director
1$0$0$0
JOE B NATCHERDIRECTOR
Trustee or director
1$0$0$0
MICHAEL L SIMPSONDIRECTOR
Trustee or director
3$0$0$0
SHANNON VITALEDIRECTOR
Trustee or director
1$0$0$0
GARRY WATKINSDIRECTOR
Trustee or director
1$0$0$0
MICHELLE WELLSDIRECTOR
Trustee or director
1$0$0$0
BOB YOUNGDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1703 CHESTNUT ST, BOWLING GREEN, KY 42101-3503
In care of
% H ALEXANDER DOWNING
Principal officer (990 for 2024)
DONALD SMITH, 1703 CHESTNUT STREET, BOWLING GREEN, KY 42101
Signed the 990
DONALD SMITH, PRESIDENT
Phone
(270) 745-4597
Return prepared by
DEAN DORTON ALLEN FORD PLLC

Mission

THE COLLEGE HEIGHTS FOUNDATION PROVIDES ASSISTANCE AND ENCOURAGEMENT TO DESERVING STUDENTS WHILE ADVANCING WESTERN KENTUCKY UNIVERSITY BY OFFERING FINANCIAL SUPPORT. THE CHF SERVES AS THE OFFICIAL REPOSITORY FOR PRIVATE GIFTS IN SUPPORT OF WKU AND IS COMMITTED TO SUPPORTING THE UNIVERSITY'S MISSION BY RECEIVING, INVESTING, STEWARDING, AND DISBURSING PRIVATE GIFTS IN ACCORDANCE WITH DONOR INTENT.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION PROVIDES SCHOLARSHIPS AND OTHER ASSISTANCE TO STUDENTS OF WESTERN KENTUCKY UNIVERSITY.
    Expenses $17,904,811 · grants $8,549,863

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
61-0459494
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
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$304,511,705
Income (IRS master file)
$95,510,966

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$48,216,006$21,475,422$304,511,705XML
990December 2023$23,067,395$17,335,169$257,436,367XML
990-TDecember 2023–––IRS
990December 2022$11,398,936$9,111,997$105,542,528IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 61-0459494).

Questions about COLLEGE HEIGHTS FOUNDATION INC

What is the EIN of COLLEGE HEIGHTS FOUNDATION INC?
The employer identification number (EIN) of COLLEGE HEIGHTS FOUNDATION INC is 61-0459494.
Is COLLEGE HEIGHTS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
Are donations to COLLEGE HEIGHTS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COLLEGE HEIGHTS 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 COLLEGE HEIGHTS FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COLLEGE HEIGHTS FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of COLLEGE HEIGHTS FOUNDATION INC?
The 990 for the year ended December 31, 2024 names DONALD SMITH.
Who are the officers and directors of COLLEGE HEIGHTS FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 21 people; 4 received compensation from the organization.
How much revenue does COLLEGE HEIGHTS FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $48,216,006, expenses of $21,475,422 and total assets of $304,511,705 at year end.

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