TROY UNIVERSITY FOUNDATION Charity Report

Public IRS 990 nonprofit record

TROY UNIVERSITY FOUNDATION

EIN 63-6067755 · Education (B43I)

What they do

to ASSIST TROY UNIVERSITY IN BUILDING ITS ENDOWMENT THROUGH A COORDINATED DONOR PROGRAM and SOUND INVESTMENT POLICY THEREBY ENSURING RELIABLE RESOURCES for THE FUTURE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.40 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 2023The report may be old. Ask for a newer one.

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

They name their leaders21 people are listed in the latest report.

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

Money made simple

54.56%of revenue went to mission work87.4% of expenses · Program services

1.19%of revenue went to fundraising1.9% of expenses

$62.46spent for every $100 of revenueRevenue covered expenses this year.

6.71%of revenue went to management and office costs10.7% of expenses

$23.71in assets for every $1 spent this yearSome assets cannot be spent right away.

56.6%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.

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 2023

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$15,119,386

Mission workProgram services$8,249,06854.56% of revenue87.4% of expenses

ManagementOffice and general costs$1,014,0446.71% of revenue10.7% of expenses

FundraisingAsking for donations$179,8841.19% of revenue1.9% of expenses

Revenue left after expensesReported annual surplus$5,676,39037.54% of revenueShown in gray on the chart

Total expenses$9,442,99662.46% 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

2023CurrentExpense mix: 87.4% mission · 10.7% management · 1.9% fundraisingTotal expenses: 62.46% of revenue

2022Expense mix: 83.5% mission · 13.6% management · 2.9% fundraisingTotal expenses: 62.20% of revenue

2021Expense mix: 83.5% mission · 14.4% management · 2.1% fundraisingTotal expenses: 60.09% of revenue

2020Expense mix: 78.2% mission · 20.1% management · 1.7% fundraisingTotal expenses: 46.14% of revenue

2019Expense mix: 83.5% mission · 15.1% management · 1.4% fundraisingTotal expenses: 99.48% of revenue

2018Expense mix: 75.9% mission · 21.5% management · 2.6% fundraisingTotal expenses: 66.71% of revenue

2017Expense mix: 71.6% mission · 28.4% management · 0.1% fundraisingTotal expenses: 74.49% of revenue

2016Expense mix: 70.1% mission · 29.9% management · 0.0% fundraisingTotal expenses: 114.29% of revenue

Money in and money out

Revenue$15,119,386

Expenses$9,442,996

Annual surplus $5,676,390 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)$8,249,068 · 87.4% of expenses

Management and office costs$1,014,044 · 10.7% of expenses

Fundraising$179,884 · 1.9% of expenses

See all reported dollar amounts

Revenue$15,119,386

Expenses$9,442,996

Assets$223,937,479

Income$20,626,910

Contributions$8,552,549

Mission work (program services)$8,249,068

Fundraising$179,884

Grants given$37,767,173

Average grant$1,888,359

Management and general$1,014,044

Stocks and bonds$159,022,421

Accounting fees$64,475

People

Leadership and board

Tax year 2023

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

See everyone listed on the board or leadership roster (21)

HORACE HORNBOARD MEMBER

WILLIAM FILMOREEXECUTIVE VICE PRESIDENT

ROY DRINKARDBOARD MEMBER

ROSEMARY ELEBASHALUMNI BOARD PRESIDENT

RANDALL MOOREBOARD MEMBER

LEWIS RUSHINGBOARD MEMBER

LARRY HUGHESVICE CHAIR

KAREN CARTERBOARD MEMBER

JOHN R FERGUSONBOARD MEMBER

JEFFREY KERVINBOARD MEMBER

JEFFREY COLEMANCHAIR

BILLY JONESBOARD MEMBER

HARREL MCKINNEYBOARD MEMBER

GREG KNEDLERVICE PRESIDENT

DR MANLY JOHNSONBOARD MEMBER

DR JAMES BOOKOUT JRTREASURER

DR JACK HAWKINSPRESIDENT

DR EARL JOHNSONBOARD MEMBER

DOUG MIMSBOARD MEMBER

DAVID MALLACHBOARD MEMBER

CLAUDENE NICHOLSBOARD MEMBER

About this charity

Recognized since: January 1968
Location: ADAMS ADMINISTRATION BLDG 241, TROY STATE UNIVERSITY, AL 36082
County: Pike
In care of: DR JAMES BOOKOUT
Primary officer: DR JAMES BOOKOUT, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(334) 670-3000

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: WARREN AVERETT LLC
NTEE classification: Education (B43I)
Grant-giving organization: Yes