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Vincennes University Foundation Inc.

Vincennes University Foundation Inc.

Vincennes, IN 47591
Tax ID23-7268826

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About this organization

Revenue

$9,842,259

Expenses

$3,020,675

Website

vinu.edu

Mission

To support the higher education and community service missions of Vincennes University by seeking and receiving contributions from alumni and friends of the university and then maintaining, administering, and distributing these funds for the benefit of Vincennes University and its students.

About

During 2018-2019, the foundation awarded over 988,551 in scholarships, providing support to more than 904 students. These scholarships make a real and major difference in Vincennes University's ability to recruit and retain academically talented and financially underserved students.

Interesting data from their 2020 990 filing

The filing specifies the mission of the non-profit as “To support the higher education and community service missions of vincennes university by seeking and receiving contributions from alumni and friends of the university and then maintaining, administering, and distributing these funds for the benefit of vincennes university and its students.”.

When explaining its duties, they were described as: “To support the higher education and community service missions of vincennes university by seeking and receiving contributions from alumni and friends of the university and then maintaining, administering, and distributing these funds for the benefit of vincennes university and its students.”.

  • The state in which the non-profit is authorized to operate legally is IN.
  • According to the filing, the address of the non-profit for the year 2020 is 1002 N FIRST ST DC-38, VINCENNES, IN, 47591.
  • The non-profit has reported 0 employees on their form for the year 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Collects art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $6,821,584.
  • The CEO compensation strategy within the organization is determined through a thorough evaluation and endorsement by an independent source.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 28 independent voting members.
  • The organization was formed in 1961.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $222,291 in salary, compensation, and benefits to its employees.
  • The organization pays $18,140 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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