INDIANA STATE UNIVERSITY FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

INDIANA STATE UNIVERSITY FOUNDATION INC

EIN 35-6045550 · Education (B110)

What they do

THE FOUNDATIONS MISSION is to SECURE and PRESERVE PRIVATE RESOURCES for THE BETTERMENT of INDIANA STATE UNIVERSITY and ITS STUDENTS, WHILE PROVIDING DONORS WITH OPPORTUNITIES to WITNESS and EXPERIENCE THE RESULTS of THEIR PHILANTHROPY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.40 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 leaders36 people are listed in the latest report.

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

Money made simple

70.81%of revenue went to mission work88.4% of expenses · Program services

1.65%of revenue went to fundraising2.1% of expenses

$80.07spent for every $100 of revenueRevenue covered expenses this year.

7.61%of revenue went to management and office costs9.5% of expenses

$10.56in assets for every $1 spent this yearSome assets cannot be spent right away.

58.8%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 $32,025 for ANDREA ANGEL (CEO). 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$19,425,902

Mission workProgram services$13,755,02970.81% of revenue88.4% of expenses

ManagementOffice and general costs$1,478,2567.61% of revenue9.5% of expenses

FundraisingAsking for donations$320,0771.65% of revenue2.1% of expenses

Revenue left after expensesReported annual surplus$3,872,54019.93% of revenueShown in gray on the chart

Total expenses$15,553,36280.07% 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: 88.4% mission · 9.5% management · 2.1% fundraisingTotal expenses: 80.07% of revenue

2023Expense mix: 83.7% mission · 12.8% management · 3.5% fundraisingTotal expenses: 52.34% of revenue

2022Expense mix: 80.7% mission · 14.7% management · 4.5% fundraisingTotal expenses: 57.49% of revenue

2021Expense mix: 81.9% mission · 14.2% management · 3.8% fundraisingTotal expenses: 46.41% of revenue

2020Expense mix: 74.5% mission · 21.5% management · 4.0% fundraisingTotal expenses: 19.66% of revenue

2019Expense mix: 73.2% mission · 21.7% management · 5.1% fundraisingTotal expenses: 69.37% of revenue

2018Expense mix: 74.3% mission · 23.3% management · 2.4% fundraisingTotal expenses: 81.37% of revenue

2017Expense mix: 75.3% mission · 22.3% management · 2.4% fundraisingTotal expenses: 75.23% of revenue

Money in and money out

Revenue$19,425,902

Expenses$15,553,362

Annual surplus $3,872,540 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)$13,755,029 · 88.4% of expenses

Management and office costs$1,478,256 · 9.5% of expenses

Fundraising$320,077 · 2.1% of expenses

See all reported dollar amounts

Revenue$19,425,902

Expenses$15,553,362

Assets$164,173,105

Income$44,465,617

Contributions$11,424,771

Mission work (program services)$13,755,029

Fundraising$320,077

Grants given$38,724,810

Average grant$5,532,116

Management and general$1,478,256

Stocks and bonds$136,481,141

Accounting fees$100,827

Investing fees$330,972

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

ANDREA ANGELCEO · 38 hrs/week $32,025Base · Other $32,025

JEREMIAH TURNERASSC VP UNIV ADVANCEMENT · 38 hrs/week $31,931Base · Other $31,931

KENNETH MENEFEEPLANNED/PRINCIPAL GIFTS EX DIR · 38 hrs/week $29,352Base · Other $29,352

MACALA BEASLEYASSISTANT SECRETARY · 38 hrs/week $13,726Base · Other $13,726

LUCY LUNSFORDCONTROLLER · 38 hrs/week $9,568Base · Other $9,568

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 (36)

ANDREA ANGELCEO

JEREMIAH TURNERASSC VP UNIV ADVANCEMENT

KENNETH MENEFEEPLANNED/PRINCIPAL GIFTS EX DIR

MACALA BEASLEYASSISTANT SECRETARY

LUCY LUNSFORDCONTROLLER

SANDI DRULEYDIRECTOR

PAM POOREDIRECTOR

PATRICK LIMADIRECTOR

PAUL CHANEYDIRECTOR

RICHARD PORTERIMMEDIATE PAST CHAIRPERSON

RITA BURNS SENSEMANDIRECTOR

ROBERT CASEYCHAIR, TRUSTEES

MARY MCGUIRETREASURER

SANDY SENIOR-DAUERDIRECTOR

SCOTT JONESDIRECTOR

SCOTT WATSONDIRECTOR

STEVE BAILEYDIRECTOR

TODD OSBURNDIRECTOR

TROY HELMANSECRETARY

VIRGIL PUNDDIRECTOR

YANYA YANGDIRECTOR

NICK MCCOLLUMCHAIRPERSON, ALUMNI BOARD

MICHAEL GODARDPRESIDENT, ISU

MARIE C SHANKSCHAIRPERSON

LINDSAY STERGARDIRECTOR

LAURA WITTMANDIRECTOR

KENT KRAMERDIRECTOR

JULIE HECKDIRECTOR

JOHN CROUCHVICE CHAIRPERSON

JIM PAJAKOWSKIDIRECTOR

GORDON TANNERDIRECTOR

ELIZABETH BOULETDIRECTOR

DONALD SCOTTDIRECTOR (START 10/24/24)

DENISE BENNETTDIRECTOR (START 10/24/24)

DAN THIELDIRECTOR

ANITA KLOPFENSTEINDIRECTOR (START 10/24/24)

About this charity

Recognized since: January 1938
Location: 30 N 5TH ST, TERRE HAUTE, IN 47807-2939
County: Vigo
In care of: % LUCY LUNSFORD
Primary officer: Andrea L Angel, CEO

How to reach them

WebsiteVisit the charity’s website Emailadmissions@indstate.edu Phone(812) 237-6100

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: FORVIS MAZARS LLP
NTEE classification: Education (B110)
Grant-giving organization: Yes