KENNESAW STATE UNIVERSITY FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

KENNESAW STATE UNIVERSITY FOUNDATION INC

EIN 23-7034345 · Education (B110)

What they do

THE KENNESAW STATE UNIVERSITY FOUNDATIONS MISSION is to BE AN ADVOCATE for THE UNIVERSITY, and to RECEIVE, INVEST, ACCOUNT FOR, and ALLOCATE PRIVATE GIFTS and CONTRIBUTIONS IN SUPPORT of KENNESAW STATE UNIVERSITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $98.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders67 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

60.59%of revenue went to mission work98.3% of expenses · Program services

0.38%of revenue went to fundraising0.6% of expenses

$61.65spent for every $100 of revenueRevenue covered expenses this year.

0.68%of revenue went to management and office costs1.1% of expenses

$12.49in assets for every $1 spent this yearSome assets cannot be spent right away.

46.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $100,036 for DR KATHY SCHWAIG (TRUSTEE/PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$90,573,212

Mission workProgram services$54,876,69360.59% of revenue98.3% of expenses

ManagementOffice and general costs$616,0490.68% of revenue1.1% of expenses

FundraisingAsking for donations$343,7700.38% of revenue0.6% of expenses

Revenue left after expensesReported annual surplus$34,736,70038.35% of revenueShown in gray on the chart

Total expenses$55,836,51261.65% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 98.3% mission · 1.1% management · 0.6% fundraisingTotal expenses: 61.65% of revenue

2023Expense mix: 98.2% mission · 1.3% management · 0.6% fundraisingTotal expenses: 77.35% of revenue

2022Expense mix: 96.6% mission · 3.0% management · 0.5% fundraisingTotal expenses: 89.47% of revenue

2021Expense mix: 95.9% mission · 3.2% management · 0.9% fundraisingTotal expenses: 73.05% of revenue

2020Expense mix: 96.3% mission · 3.3% management · 0.4% fundraisingTotal expenses: 45.26% of revenue

2019Expense mix: 96.0% mission · 3.6% management · 0.4% fundraisingTotal expenses: 79.13% of revenue

2018Expense mix: 95.6% mission · 4.1% management · 0.3% fundraisingTotal expenses: 84.27% of revenue

2017Expense mix: 95.3% mission · 4.2% management · 0.5% fundraisingTotal expenses: 76.30% of revenue

Money in and money out

Revenue$90,573,212

Expenses$55,836,512

Annual surplus $34,736,700 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$54,876,693 · 98.3% of expenses

Management and office costs$616,049 · 1.1% of expenses

Fundraising$343,770 · 0.6% of expenses

See all reported dollar amounts

Revenue$90,573,212

Expenses$55,836,512

Assets$697,628,763

Income$169,533,576

Contributions$41,717,036

Mission work (program services)$54,876,693

Fundraising$343,770

Grants given$90,168,298

Average grant$2,199,227

Management and general$616,049

Stocks and bonds$60,326,080

Accounting fees$79,017

Investing fees$277,680

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DR KATHY SCHWAIGTRUSTEE/PRESIDENT · 1 hrs/week $100,036Base · Other $100,036

DR IVAN PULINKALATRUSTEE/KSU PROVOST · 1 hrs/week $81,312Base · Other $81,312

MR LANCE E BURCHETTCEO · 20 hrs/week $38,116Base · Other $38,116

MR STEPHEN BRIDGESCFO · 40 hrs/week $32,484Base · Other $32,484

MS JANELLE FUNKDIRECTOR OF ANALYSIS · 20 hrs/week $27,619Base · Other $27,619

MS VALERIE PATRICKFOUNDATION CONTROLLER · 40 hrs/week $23,098Base · Other $23,098

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (67)

DR KATHY SCHWAIGTRUSTEE/PRESIDENT

DR IVAN PULINKALATRUSTEE/KSU PROVOST

MR LANCE E BURCHETTCEO

MR STEPHEN BRIDGESCFO

MS JANELLE FUNKDIRECTOR OF ANALYSIS

MS VALERIE PATRICKFOUNDATION CONTROLLER

MRS CATHERINE LAND WATERSTRUSTEE

MR RICHARD S SIEGELTRUSTEE

MRS CANDICE L SAUNDERSTRUSTEE

MRS ALANA MUELLERTRUSTEE

MR WILLIAM M HAYESTRUSTEE

MR TRENT TURKSECRETARY

MR TIM WILKERSONTRUSTEE

MR THEODORE L PARRISHCHAIRMAN

MR STEVEN CADRANELIMMEDIATE PAST CHAIR

MR STEPHEN W DILSTRUSTEE

MR SIDDHARTHA MOOKERJITRUSTEE

MR SHAILA BETTADAPURTRUSTEE (THRU 6/30/25)

MR ROB LEVENTRUSTEE

MS VALERY VOYLESTRUSTEE

MRS DEBORAH PIKETRUSTEE

MRS JENNIFER ELLISTRUSTEE (THRU 6/30/25)

MRS JENNIFER BRITT FLECKVICE CHAIR - CHAIR ELECT

MRS JUDITH MOENTRUSTEE

MRS ROBYN SMITHTRUSTEE

MRS SARAH BOONETRUSTEE

MRS SHELLY ELDERTRUSTEE

MRS STACY HAUBENSCHILDTRUSTEE

MS ANGIE M ALEXANDERTRUSTEE

MS BETH LOWRYTRUSTEE

MS CARMEN CHUBBTRUSTEE

MS CONNIE L ENGELTRUSTEE (THRU 6/30/25)

MS ELIZABETH W CAMPTRUSTEE

MS HEATHER FORTNERTRUSTEE

MS TRACY STYFTRUSTEE

MR I BARRY HYMANTRUSTEE

DR MICHAEL J COLESTRUSTEE

DR RON L BRAUNDTRUSTEE

MR ANDRE SCHNABLTREASURER

MR BEN L LOOPERTRUSTEE

MR BORJA DE OLANOTRUSTEE

MR CARIC MARTINTRUSTEE

MR DARRELL SUTTONTRUSTEE

MR DAVID MCKOYTRUSTEE

MR DAVID MILLICANTRUSTEE

MR DAVID R WALENSTRUSTEE

MR DON JOHNSONTRUSTEE

MR DON E DAVIDSONTRUSTEE

MR DOUGLAS SHORETRUSTEE

MR DOUGLAS E JONESTRUSTEE

MR FRANK M HOWARDTRUSTEE

MR RICHARD A BENNETTTRUSTEE

MR JAMES CHRIS PIKETRUSTEE

MR JAMES P DUNNTRUSTEE

MR JOSEPH J HANDYTRUSTEE

MR LARRY STEVENSTRUSTEE/KSU EXECUTIVE IN RESIDENCE (RETIRED)

MR LAWRENCE P KRASKATRUSTEE

MR LEE RHYANTTRUSTEE

MR LUIS ARRIAGATRUSTEE

MR MARK WILSONTRUSTEE

MR MEL C CLEMMONSTRUSTEE

MR MICKEY DUNNTRUSTEE

MR NORMAN J RADOWTRUSTEE

MR R ALLEN BROOKSTRUSTEE

MR RANDY KOPORCTRUSTEE

MR REUEL RICK HAMILTON IIITRUSTEE

MR RICHARD COXTRUSTEE

About this charity

Recognized since: January 1969
Location: 1000 CHASTAIN ROAD 9101, KENNESAW, GA 30144-5588
County: Cobb
In care of: STEPHEN S BRIDGES
Primary officer: STEPHEN S BRIDGES, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(470) 578-6675

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CHERRY BEKAERT ADVISORY LLC
NTEE classification: Education (B110)
Grant-giving organization: Yes