KANSAS STATE UNIVERSITY FOUNDATION Charity Report

Public IRS 990 nonprofit record

KANSAS STATE UNIVERSITY FOUNDATION

EIN 48-0667209 · Education (B110)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $73.90 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 leaders29 people are listed in the latest report.

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

Money made simple

55.66%of revenue went to mission work73.9% of expenses · Program services

7.09%of revenue went to fundraising9.4% of expenses

$75.33spent for every $100 of revenueRevenue covered expenses this year.

12.58%of revenue went to management and office costs16.7% of expenses

$8.63in assets for every $1 spent this yearSome assets cannot be spent right away.

74.0%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 $923,754 for GREG WILLEMS (PRESIDENT/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$233,578,614

Mission workProgram services$130,002,46355.66% of revenue73.9% of expenses

ManagementOffice and general costs$29,376,63912.58% of revenue16.7% of expenses

FundraisingAsking for donations$16,564,6657.09% of revenue9.4% of expenses

Revenue left after expensesReported annual surplus$57,634,84724.67% of revenueShown in gray on the chart

Total expenses$175,943,76775.33% 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: 73.9% mission · 16.7% management · 9.4% fundraisingTotal expenses: 75.33% of revenue

2023Expense mix: 71.3% mission · 18.5% management · 10.2% fundraisingTotal expenses: 60.51% of revenue

2022Expense mix: 74.2% mission · 15.1% management · 10.7% fundraisingTotal expenses: 75.38% of revenue

2021Expense mix: 76.0% mission · 14.0% management · 10.0% fundraisingTotal expenses: 49.29% of revenue

2020Expense mix: 79.8% mission · 9.0% management · 11.2% fundraisingTotal expenses: 53.75% of revenue

2019Expense mix: 80.2% mission · 7.9% management · 11.9% fundraisingTotal expenses: 78.85% of revenue

2018Expense mix: 83.2% mission · 6.6% management · 10.2% fundraisingTotal expenses: 68.49% of revenue

2017Expense mix: 84.6% mission · 6.0% management · 9.4% fundraisingTotal expenses: 86.91% of revenue

Money in and money out

Revenue$233,578,614

Expenses$175,943,767

Annual surplus $57,634,847 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)$130,002,463 · 73.9% of expenses

Management and office costs$29,376,639 · 16.7% of expenses

Fundraising$16,564,665 · 9.4% of expenses

See all reported dollar amounts

Revenue$233,578,614

Expenses$175,943,767

Assets$1,517,758,764

Income$440,400,336

Contributions$172,920,776

Mission work (program services)$130,002,463

Fundraising$16,564,665

Grants given$512,723,923

Average grant$6,032,046

Management and general$29,376,639

Stocks and bonds$592,638,803

Accounting fees$237,649

Investing fees$17,646,000

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

GREG WILLEMSPRESIDENT/CEO · 45 hrs/week $923,754Base $767,530 · Other $156,224

GREG LOHRENTZSR VP OPERATIONS AND FINANCE · 45 hrs/week $562,502Base $483,641 · Other $78,861

PAUL CHAIVP FOR INVESTMENTS/CIO · 45 hrs/week $457,308Base $390,493 · Other $66,815

ERIC HOLDERNESSSR ASSOCIATE VP OF DEVELOPMENT · 45 hrs/week $361,629Base $294,589 · Other $67,040

MATTHEW SMAGACZDIRECTOR OF INVESTMENTS · 45 hrs/week $295,771Base $241,455 · Other $54,316

CHRISTOPHER MILLSAVP INFORMATION TECH AND INFRA · 45 hrs/week $289,672Base $235,809 · Other $53,863

STEPHANIE FROEHLICHSR VP OF DEVELOPMENT UNTIL MAY 2024 $262,753Base $235,551 · Other $27,202

SHEILA WALKERAVP OF COLLEGIATE DEVELOPMENT · 45 hrs/week $262,470Base $213,627 · Other $48,843

DARCI CAINSR. DIRECTOR OF GIFT PLANNING · 45 hrs/week $246,572Base $197,367 · Other $49,205

SUSAN BERHOWVICE PRESIDENT OF MARKETING COMMUNICATIONS · 45 hrs/week $245,001Base $188,874 · Other $56,127

DEBORAH TUTTLEAVP FINANCE & ACCT, CONTROLLER · 45 hrs/week $232,488Base $183,227 · Other $49,261

CHRISTY SCOTTAVP OF COMPLIANCE SERVICES · 40 hrs/week $193,659Base $175,435 · Other $18,224

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 (29)

GREG WILLEMSPRESIDENT/CEO

GREG LOHRENTZSR VP OPERATIONS AND FINANCE

PAUL CHAIVP FOR INVESTMENTS/CIO

ERIC HOLDERNESSSR ASSOCIATE VP OF DEVELOPMENT

MATTHEW SMAGACZDIRECTOR OF INVESTMENTS

CHRISTOPHER MILLSAVP INFORMATION TECH AND INFRA

STEPHANIE FROEHLICHSR VP OF DEVELOPMENT UNTIL MAY 2024

SHEILA WALKERAVP OF COLLEGIATE DEVELOPMENT

DARCI CAINSR. DIRECTOR OF GIFT PLANNING

SUSAN BERHOWVICE PRESIDENT OF MARKETING COMMUNICATIONS

DEBORAH TUTTLEAVP FINANCE & ACCT, CONTROLLER

CHRISTY SCOTTAVP OF COMPLIANCE SERVICES

SUE BARSAMIANMEMBER, BOARD OF DIRECTORS

STEVE THEEDEVICE-CHAIR, BOARD OF DIRECTORS

SABRINA SCHRINERMEMBER, BOARD OF DIRECTORS

RAY DEMPSEYMEMBER, BOARD OF DIRECTORS

TIM TAYLORSECRETARY, BOARD OF DIRECTORS

JOHN BUSERMEMBER, BOARD OF DIRECTORS

MARY VANIERMEMBER, BOARD OF DIRECTORS

MARK GARDINERMEMBER, BOARD OF DIRECTORS

LEANN CARETTREASURER, BOARD OF DIRECTORS

JP BILBREYMEMBER, BOARD OF DIRECTORS

CHANCY LOVEMEMBER, BOARD OF DIRECTORS

JIM JOHNSONMEMBER, BOARD OF DIRECTORS

GABE HERNANDEZMEMBER, BOARD OF DIRECTORS

DAVID EVERITTMEMBER, BOARD OF DIRECTORS

DAMON HININGERMEMBER, BOARD OF DIRECTORS

CHUCK WARTAMEMBER, BOARD OF DIRECTORS

CHARLENE LAKECHAIR, BOARD OF DIRECTORS

About this charity

Recognized since: January 1945
Location: 1800 KIMBALL AVE STE 200, MANHATTAN, KS 66502-3373
County: Riley
In care of: % GREG LOHRENTZ
Primary officer: GREG LOHRENTZ, SR VP OPS/FINANCE

How to reach them

WebsiteVisit the charity’s website Emailfoundation@ksufoundation.org Phone(785) 775-2000

Filing and classification

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