EASTERN KENTUCKY UNIVERSITY FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

EASTERN KENTUCKY UNIVERSITY FOUNDATION INC

EIN 61-1131682 · Education (B110)

What they do

THE EKU FOUNDATION PROVIDES SUPPORT for EASTERN KENTUCKY UNIVERSITY IN ACCOMPLISHING ITS GOALS of EDUCATION and REGIONAL STEWARDSHIP WITHIN ITS SOUTHEASTERN KENTUCKY SERVICE REGION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $96.30 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 leaders24 people are listed in the latest report.

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

Money made simple

36.89%of revenue went to mission work96.3% of expenses · Program services

$38.29spent for every $100 of revenueRevenue covered expenses this year.

1.40%of revenue went to management and office costs3.7% of expenses

$13.18in assets for every $1 spent this yearSome assets cannot be spent right away.

25.4%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 $56,980 for DAVID MCFADDIN (TRUSTEE - PRESIDENT OF EKU). 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$24,691,446

Mission workProgram services$9,108,58636.89% of revenue96.3% of expenses

ManagementOffice and general costs$345,5391.40% of revenue3.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$15,237,32161.71% of revenueShown in gray on the chart

Total expenses$9,454,12538.29% 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: 96.3% mission · 3.7% management · 0.0% fundraisingTotal expenses: 38.29% of revenue

2023Expense mix: 96.1% mission · 3.9% management · 0.0% fundraisingTotal expenses: 135.80% of revenue

2022Expense mix: 93.1% mission · 6.9% management · 0.0% fundraisingTotal expenses: 56.55% of revenue

2021Expense mix: 92.8% mission · 6.3% management · 0.9% fundraisingTotal expenses: 53.29% of revenue

2020Expense mix: 88.3% mission · 10.2% management · 1.5% fundraisingTotal expenses: 25.79% of revenue

2019Expense mix: 88.2% mission · 9.2% management · 2.7% fundraisingTotal expenses: 79.85% of revenue

2018Expense mix: 88.2% mission · 8.7% management · 3.2% fundraisingTotal expenses: 79.14% of revenue

2017Expense mix: 89.1% mission · 8.3% management · 2.6% fundraisingTotal expenses: 68.59% of revenue

Money in and money out

Revenue$24,691,446

Expenses$9,454,125

Annual surplus $15,237,321 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)$9,108,586 · 96.3% of expenses

Management and office costs$345,539 · 3.7% of expenses

See all reported dollar amounts

Revenue$24,691,446

Expenses$9,454,125

Assets$124,598,160

Income$31,359,815

Contributions$6,278,139

Mission work (program services)$9,108,586

Grants given$37,051,582

Average grant$5,293,083

Management and general$345,539

Stocks and bonds$104,170,477

Accounting fees$35,410

Investing fees$164,850

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

DAVID MCFADDINTRUSTEE - PRESIDENT OF EKU · 1 hrs/week $56,980Base · Other $56,980

MARY BETH NEISERVP OF DEVELOPMENT · 20 hrs/week $39,457Base · Other $39,457

BARRY POYNTERTREASURER (THRU 06/24)/TRUSTEE (FROM 09/24) · 3 hrs/week $17,223Base · Other $17,223

BRIAN MULLINSTREASURER (FROM 09/24) · 3 hrs/week $8,773Base · Other $8,773

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 (24)

DAVID MCFADDINTRUSTEE - PRESIDENT OF EKU

MARY BETH NEISERVP OF DEVELOPMENT

BARRY POYNTERTREASURER (THRU 06/24)/TRUSTEE (FROM 09/24)

BRIAN MULLINSTREASURER (FROM 09/24)

YOUSUF AHMADTRUSTEE

ALVIN MILLERTRUSTEE (FROM 08/24)

TROY ELLISTRUSTEE (THRU 09/24)

TOM LARANCETRUSTEE

SUZANNE FAWBUSHCHAIR

ROSE SKEPPLETRUSTEE

RICHARD MATTINGLYTRUSTEE (THRU 04/25)

MICHAEL EAVESTRUSTEE

MELANIE HUDSONTRUSTEE

MARY OUSLEYTRUSTEE (THRU 02/25)

MARTIN COBBTRUSTEE

LUCY RIFFLETRUSTEE

KEVIN WILLISTRUSTEE (FROM 09/24)

JOHN WADETRUSTEE

JERI ISBELLTRUSTEE (THRU 09/24)

DON WHITAKERTRUSTEE

DEBORAH ALEXANDERSECRETARY

CHARLEY GILLISPIETRUSTEE

BRIAN BRODETRUSTEE

BILL REDDICKVICE CHAIR

About this charity

Recognized since: January 1988
Location: 521 LANCASTER AVE CPO 15A, RICHMOND, KY 40475-3100
County: Madison
In care of: % KEN JOHNSTON
Primary officer: JACKLYN DUDLEY, INTERIM VP OF FINANCE & CFO

How to reach them

WebsiteVisit the charity’s website Phone(859) 622-5012

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)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes