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Youngstown State University Foundation

Youngstown State University Foundation

Youngstown, OH 44502
Tax ID34-6576610

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About this organization

Revenue

$23,616,305

Expenses

$16,990,940

Mission

To support Youngstown State University by providing scholarships and programmatic support.

About

The Youngstown State University Foundation is an independent, autonomous, private, non-profit corporation that pursues, manages and distributes resources to support scholarships and student initiatives, as well as the growth and development of Youngstown State University. The Youngstown State University Foundation will be a catalytic force for the advancement of YSU, the Youngstown community, and Northeast Ohio, and will be a critical source of support, opportunity, and excellence for YSU students and university programs. The competition for students in higher education has never been greater. The YSU Foundation, providing over $8.5 million in annual scholarship aid, has historically designed scholarship awards to provide access to attend YSU. Two of the YSU Foundation's important initiatives are the minority scholarship match program and the student investment fund. For the past decade, the YSU Foundation has matched all gifts to minority scholarships. This has attracted over $1,300,000 in gifts, helping YSU increase the diversity of its student body. The foundation also provides grants to Youngstown State University for the purpose of lectures and symposiums and for the operations of various departments and centers.

Interesting data from their 2020 990 filing

The purpose of the non-profit is outlined in the filing as “The youngstown state university foundation is devoted to the support, expansion and development of educational programs at youngstown state university deemed useful to the students and beneficial to the community.”.

When discussing its operations, they were defined as: “To support youngstown state university by providing scholarships and programatic support.”.

  • The state where the non-profit operates has been legally reported as OH.
  • The filing indicates that the non-profit's address in 2020 is located at 655 WICK AVENUE, YOUNGSTOWN, OH, 44502.
  • The non-profit has reported 26 employees on their form as of 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $6,625,365.
  • The organization has 40 independent voting members.
  • The organization was formed in 1966.
  • The organization pays $1,150,515 in salary, compensation, and benefits to its employees.
  • The organization pays $676,742 in fundraising expenses.

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