Nonprofit · EIN 91-1075542
WASHINGTON STATE UNIVERSITY FOUNDATION
Tax-exempt · PULLMAN, WA 99164
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $125,178,582 | $113,687,205 | $11,491,377 | $840,658,296 | $13,960,290 | $826,698,006 |
| June 30, 2024 | 990 | $111,558,149 | $107,425,945 | $4,132,204 | $777,233,513 | $15,979,967 | $761,253,546 |
| June 30, 2023 | 990 | $106,044,352 | $107,829,775 | -$1,785,423 | $722,665,894 | $15,330,487 | $707,335,407 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $82,937,322
- Program service revenue
- $16,369,394
- Investment income
- $25,871,866
- Net gain from sales of assets
- $19,937,996
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $85,017,376
- Compensation of officers, directors and key employees
- $2,142,011
- Other salaries and wages
- $8,132,644
- Salaries, compensation and benefits (total)
- $12,445,408
- Professional fundraising fees
- $369,058
- Legal fees
- $18,651
- Accounting fees
- $46,800
- Occupancy
- $492,913
- Travel
- $249,789
- Depreciation
- $23,501
- Program services (functional)
- $85,294,052
- Management and general (functional)
- $20,299,139
- Fundraising (functional)
- $8,094,014
Balance sheet and other
- Total assets, start of year
- $777,233,513
- Total assets, end of year
- $840,658,296
- Total liabilities, end of year
- $13,960,290
- Net assets, end of year
- $826,698,006
- Land, buildings and equipment
- $567,415
- Publicly traded securities
- $716,750,667
- Net assets without donor restrictions
- $4,856,891
- Net assets with donor restrictions
- $821,841,115
- Gross unrelated business income
- -$163,207
- Gross receipts
- $211,490,521
- Employees
- 106
- Volunteers
- 128
- Year formed
- 1979
- State of legal domicile
- WA
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 |
|---|---|---|---|---|---|
| Michael C Connell | Vice President, Chief Executive Officer Officer | 39.8 | $431,534 | $0 | $54,188 |
| Harold Don Shearer | Senior Associate Vice President & COO Officer | 40 | $329,304 | $0 | $47,163 |
| Julie Benson | Associate Vice President Officer | 40 | $247,456 | $0 | $32,628 |
| Victoria Miles | Associate Vice President Officer | 40 | $232,997 | $0 | $36,891 |
| Terry Kelly | General Counsel Officer | 40 | $231,998 | $0 | $37,660 |
| Alex Pietsch-start Dec 24 | Associate Vice President Officer | 20 | $18,587 | $202,270 | $36,245 |
| Juan Zavala | Associate Vice President Highest-paid employee | 40 | $214,529 | $0 | $30,127 |
| Jennifer Miltenberger-start Jan 25 | Associate Vice President Highest-paid employee | 20 | $42,837 | $151,877 | $33,732 |
| Brooke E Ledeboer | Senior Director Highest-paid employee | 40 | $192,142 | $0 | $28,775 |
| Theresa Boyer | Director Highest-paid employee | 40 | $166,962 | $0 | $26,969 |
| Elizabeth Ryan | Director Highest-paid employee | 40 | $162,392 | $0 | $30,269 |
| AnaMarie Burton | Associate Vice President Officer | 40 | $161,882 | $0 | $26,214 |
| Dawn M Barnard-thru June 24 | Chief Financial Officer Former | 0 | $163,018 | $0 | $18,948 |
| Hao-Yu Chiu | Associate Vice President & CFO Officer | 40 | $149,838 | $0 | $25,473 |
| Bruce Amundson | Board Director Trustee or director | 0.32 | $0 | $0 | $0 |
25 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kathy Brindley | Board Director Trustee or director | 0.36 | $0 |
| Carol Buckingham | Board Director Trustee or director | 0.32 | $0 |
| Marjorie Chang | Board Director Trustee or director | 0.32 | $0 |
| Sue Christianson | Board Director Trustee or director | 0.32 | $0 |
| Jim Coughlin | Board Director & Treasurer Trustee or director, Officer | 0.32 | $0 |
| Michael Hambelton | Board Director Trustee or director | 0.32 | $0 |
| Cassa Hanon | Board Director Trustee or director | 0.32 | $0 |
| Uma Jayaram | Board Director Trustee or director | 0.32 | $0 |
| Melanie Lange | Board Director Trustee or director | 0.32 | $0 |
| Hubert Langenhorst | Board Director Trustee or director | 0.32 | $0 |
| Richard McKinney | Board Director Trustee or director | 0.32 | $0 |
| Gina Meyers | Board Director Trustee or director | 0.32 | $0 |
| John C Minge | Board Director & President Trustee or director, Officer | 0.32 | $0 |
| Mandy Minick | Board Director Trustee or director | 0.32 | $0 |
| Caron Ogg | Board Director Trustee or director | 0.32 | $0 |
| Sheryl Ossello | Board Director Trustee or director | 0.32 | $0 |
| Jack Pelo | Board Director Trustee or director | 0.32 | $0 |
| Molly Philopant-thru Dec 24 | Board Director Trustee or director | 0.16 | $0 |
| Liz Pritchard | Board Director & Vice President Trustee or director, Officer | 0.32 | $0 |
| Elizabeth Schneider | Board Director & Secretary Trustee or director, Officer | 0.32 | $0 |
| Gary Teague | Board Director Trustee or director | 0.32 | $0 |
| Amy Tull | Board Director Trustee or director | 0.32 | $0 |
| Bill Ward | Board Director Trustee or director | 0.32 | $0 |
| Bob Wolfe | Board Director Trustee or director | 0.32 | $0 |
| Mike Worthy | Board Director Trustee or director | 0.32 | $0 |
990 for the year ended June 30, 2024: 41 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Michael C Connell | Vice President, Chief Executive Officer Officer | 39.8 | $421,493 | $55,667 |
| Harold Don Shearer | Senior Associate Vice President Officer | 40 | $321,621 | $46,147 |
| Dawn M Barnard - thru June 24 | Chief Financial Officer Officer | 40 | $273,488 | $41,671 |
| Terry Kelly | General Counsel Officer | 40 | $227,191 | $36,865 |
| Julie Benson | Associate Vice President Officer | 40 | $229,501 | $31,125 |
| Victoria Miles | Associate Vice President Officer | 40 | $228,510 | $28,028 |
| Juan Zavala | Associate Vice President Highest-paid employee | 40 | $189,160 | $28,166 |
| Brooke E Ledeboer | Senior Director Highest-paid employee | 40 | $180,382 | $27,749 |
| Theresa Boyer | Director Highest-paid employee | 40 | $162,650 | $26,422 |
| Elizabeth Ryan | Director Highest-paid employee | 40 | $158,624 | $29,645 |
| Brent J Waugh - thru May 24 | Assistant Vice President Highest-paid employee | 40 | $155,525 | $26,125 |
| AnaMarie Burton | Associate Vice President Officer | 40 | $123,876 | $23,227 |
| Bruce Amundson | Board Director & Secretary Trustee or director, Officer | 0.32 | $0 | $0 |
| K Duane Brelsford - thru Dec 23 | Board Director Trustee or director | 0.16 | $0 | $0 |
| Kathy Brindley | Board Director Trustee or director | 0.32 | $0 | $0 |
| Scott Carson - thru Dec 23 | Board Director Trustee or director | 0.16 | $0 | $0 |
| Marjorie Chang | Board Director Trustee or director | 0.32 | $0 | $0 |
| Sue Christianson | Board Director Trustee or director | 0.32 | $0 | $0 |
| Jim Coughlin | Board Director & Treasurer Trustee or director, Officer | 0.32 | $0 | $0 |
| Bob Crist - thru Dec 23 | Board Director Trustee or director | 0.16 | $0 | $0 |
| Michael Hambelton | Board Director Trustee or director | 0.32 | $0 | $0 |
| Lisa King - thru Dec 23 | Board Director Trustee or director | 0.16 | $0 | $0 |
| Melanie Lange | Board Director Trustee or director | 0.32 | $0 | $0 |
| Hubert Langenhorst | Board Director Trustee or director | 0.32 | $0 | $0 |
| Richard McKinney | Board Director Trustee or director | 0.32 | $0 | $0 |
| Gina Meyers | Board Director Trustee or director | 0.32 | $0 | $0 |
| John C Minge | Board Director & President Trustee or director, Officer | 0.32 | $0 | $0 |
| Mandy Minick | Board Director Trustee or director | 0.32 | $0 | $0 |
| Caron Ogg | Board Director Trustee or director | 0.32 | $0 | $0 |
| Linda J Nihoul - thru Dec 23 | Board Director Trustee or director | 0.16 | $0 | $0 |
| Sheryl Ossello | Board Director Trustee or director | 0.32 | $0 | $0 |
| Jack Pelo | Board Director Trustee or director | 0.32 | $0 | $0 |
| Molly Philopant | Board Director Trustee or director | 0.32 | $0 | $0 |
| Liz Pritchard | Board Director & Vice President Trustee or director, Officer | 0.32 | $0 | $0 |
| Elizabeth Schneider | Board Director Trustee or director | 0.32 | $0 | $0 |
| Gary Teague | Board Director Trustee or director | 0.32 | $0 | $0 |
| Amy Tull | Board Director Trustee or director | 0.32 | $0 | $0 |
| Eugene J Voiland - thru Dec 23 | Board Director Trustee or director | 0.16 | $0 | $0 |
| Bill Ward | Board Director Trustee or director | 0.32 | $0 | $0 |
| Bob Wolfe | Board Director Trustee or director | 0.32 | $0 | $0 |
| Mike Worthy | Board Director Trustee or director | 0.32 | $0 | $0 |
990 for the year ended June 30, 2023: 42 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Michael C Connell | Vice President, Chief Executive Officer Officer | 39.8 | $412,100 | $55,064 |
| Harold Don Shearer | Senior Associate Vice President Officer | 40 | $324,425 | $42,910 |
| Dawn M Barnard | Chief Financial Officer Officer | 40 | $237,814 | $36,957 |
| Julie Benson | Associate Vice President Officer | 40 | $215,706 | $28,752 |
| Jon Derek Croteau - thru Oct 22 | Senior Associate Vice President Officer | 0 | $220,469 | $21,780 |
| Victoria Miles | Associate Vice President Officer | 40 | $203,961 | $28,131 |
| Terry Kelly | General Counsel Officer | 40 | $193,126 | $32,838 |
| Juan Zavala | Associate Vice President Officer | 40 | $169,463 | $25,349 |
| Karen Rasch | Senior Director Highest-paid employee | 40 | $157,486 | $28,791 |
| Brooke E Ledeboer | Senior Director Highest-paid employee | 40 | $157,719 | $24,869 |
| Theresa Boyer | Director Highest-paid employee | 40 | $154,741 | $24,971 |
| Elizabeth Ryan | Director Highest-paid employee | 40 | $149,485 | $27,729 |
| Brent J Waugh | Assistant Vice President Officer | 40 | $147,338 | $23,837 |
| Trevor Durham | Associate Vice President Highest-paid employee | 40 | $147,225 | $23,684 |
| Bruce Amundson | Board Director & Secretary Trustee or director, Officer | 0.32 | $0 | $0 |
| K Duane Brelsford | Board Director Trustee or director | 0.32 | $0 | $0 |
| Kathy Brindley | Board Director Trustee or director | 0.32 | $0 | $0 |
| Scott Carson | Board Director Trustee or director | 0.32 | $0 | $0 |
| Sue Christianson | Board Director Trustee or director | 0.32 | $0 | $0 |
| Jim Coughlin | Board Director Trustee or director | 0.32 | $0 | $0 |
| Bob Crist | Board Director Trustee or director | 0.32 | $0 | $0 |
| Vicki Gordon - thur Dec 22 | Board Director Trustee or director | 0.16 | $0 | $0 |
| Michael Hambelton - thru Dec 22 | Board Director Trustee or director | 0.16 | $0 | $0 |
| Lisa King | Board Director & President Trustee or director, Officer | 0.32 | $0 | $0 |
| Melanie Lange | Board Director Trustee or director | 0.32 | $0 | $0 |
| Hubert Langenhorst | Board Director Trustee or director | 0.32 | $0 | $0 |
| Lewis C Lee - thru Dec 22 | Board Director Trustee or director, Officer | 0.16 | $0 | $0 |
| Richard McKinney | Board Director Trustee or director | 0.32 | $0 | $0 |
| Gina Meyers | Board Director Trustee or director | 0.32 | $0 | $0 |
| John C Minge | Board Director & Vice President Trustee or director, Officer | 0.32 | $0 | $0 |
| Linda J Nihoul | Board Director Trustee or director | 0.32 | $0 | $0 |
| Sheryl Ossello | Board Director Trustee or director | 0.32 | $0 | $0 |
| Jack Pelo | Board Director Trustee or director | 0.32 | $0 | $0 |
| Molly Philopant | Board Director Trustee or director | 0.32 | $0 | $0 |
| Liz Pritchard | Board Director Trustee or director | 0.32 | $0 | $0 |
| Elizabeth Schneider | Board Director Trustee or director | 0.32 | $0 | $0 |
| Gary Schneidmiller - thru Dec 22 | Board Director Trustee or director | 0.16 | $0 | $0 |
| Gary Teague | Board Director Trustee or director | 0.32 | $0 | $0 |
| Jack Thompson - thru Dec 22 | Board Director Trustee or director | 0.16 | $0 | $0 |
| Eugene J Voiland | Board Director Trustee or director | 0.32 | $0 | $0 |
| Bill Ward | Board Director & Treasurer Trustee or director, Officer | 0.32 | $0 | $0 |
| Mike Worthy | Board Director Trustee or director | 0.32 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 641927, PULLMAN, WA 99164-1927
- Principal officer (990 for 2024)
- Michael C Connell, PO Box 641927, Pullman, WA 991641927
- Signed the 990
- Michael C Connell, VP Advancement & CEO WSU Foundation
- Phone
- (509) 335-1686
- Website
- http://foundation.wsu.edu
- Return prepared by
- KPMG LLP
Mission
The mission of the Foundation is to promote, accept, and maximize private support for programs, initiatives, and properties of Washington State University and its regional campuses. The Foundation also prudently manages, invests, and stewards assets entrusted to it.
Program accomplishments
- General Program Support: The Foundation does not directly provide the program service. However, contributions received for this purpose were distributed to the University for use in accordance with donor agreements. These contributions earmarked funds for general and administrative expenses, entrepreneurial activities, and other departmental and university wide programs.Expenses $34,144,074 · grants $34,033,317 · revenue $6,552,834
- Scholarships & Fellowships: The Foundation does not directly award scholarships and fellowships. However, contributions for these purposes were distributed to the University for use in accordance with donor agreements. Student financial aid was received for loans, graduate fellowships, general scholarships and scholarships with specific criteria, such as merit, need, and multiculturalism.Expenses $25,642,790 · grants $25,559,610 · revenue $4,921,292
- Facilities Operation and Maintenance: The Foundation does not directly provide facility and maintenance program services. However, contributions received for this purpose are distributed to the University for use in accordance with the donor agreements. Contributions were received for the purchase and maintenance of buildings and equipment.Expenses $13,707,592 · grants $13,663,128 · revenue $2,630,722
- Professorships, Chairs and Instructions: The Foundation does not directly provide this program service. However, contributions received for this purpose were distributed to the University for disbursement in accordance with donor agreements. Contributions were largely used for faculty research projects, salary support and instructions outside the normal classroom.Expenses $8,747,367 · grants $8,718,993 · revenue $1,678,770
- Research: The Foundation does not directly provide this program service. However, contributions received for this purpose were distributed to the University for disbursement in accordance with donor agreements. Contributions were received to further University wide research projects.Expenses $3,052,229 · grants $3,042,328 · revenue $585,776
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
- 91-1075542
- 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
- 1979
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $840,658,296
- Income (IRS master file)
- $211,490,521
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $125,178,582 | $113,687,205 | $840,658,296 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $111,558,149 | $107,425,945 | $777,233,513 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $106,044,352 | $107,829,775 | $722,665,894 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $157,487,648 | $101,555,684 | $699,641,456 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 91-1075542).
Questions about WASHINGTON STATE UNIVERSITY FOUNDATION
- What is the EIN of WASHINGTON STATE UNIVERSITY FOUNDATION?
- The employer identification number (EIN) of WASHINGTON STATE UNIVERSITY FOUNDATION is 91-1075542.
- Is WASHINGTON STATE UNIVERSITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to WASHINGTON STATE UNIVERSITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WASHINGTON 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 WASHINGTON 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 WASHINGTON 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 WASHINGTON STATE UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2025 names Michael C Connell.
- Who are the officers and directors of WASHINGTON STATE UNIVERSITY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 40 people; 14 received compensation from the organization, the highest $431,534 (Michael C Connell, Vice President, Chief Executive Officer).
- How much revenue does WASHINGTON STATE UNIVERSITY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $125,178,582, expenses of $113,687,205 and total assets of $840,658,296 at year end.
Other nonprofits in PULLMAN
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- ALPHA DELTA MANAGEMENT EIN 91-1779397 · last filed 990 for 2025
- PULLMAN EDUCATION FOUNDATION FOR EXCELLENCE IN PULLMAN PUBLIC SCH D EIN 91-1654702 · last filed 990 for 2025
- MULTIPLE DISTRICT 19 LIONS SERVICE & LEADERSHIP DEVELOPMENT FOUNDATIO EIN 72-1545540 · last filed 990-PF for 2025
- SIGMA CHI FRATERNITY - BETA UPSILON CHAPTER EIN 27-1668947 · last filed 990-N for 2024
- COUGAR PROPERTY HOLDINGS EIN 91-2031421 · last filed 990 for 2025
- TED ELBRACHT MEMORIAL SCHOLARSHIP INC EIN 46-1630050 · last filed 990-PF for 2024
- PACIFIC NORTHWEST POLITICAL SCIENCE ASSOCIATION EIN 85-1191986 · last filed 990-N for 2025