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Eastern Michigan University Foundation

Eastern Michigan University Foundation

Ypsilanti, MI
Tax ID38-2953297

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About this organization

Revenue

$11,479,867

Expenses

$9,587,408

Mission

Eastern Michigan University Foundation's primary purpose is to solicit private funds on behalf of and for the exclusive benefit of Eastern Michigan University, and to expand its resource base through the management of assets and the investment and disbursement of funds.

About

Gift allocation to EMU-The Foundation receives gifts on behalf of EMU. Gifts designated as expendable scholarships & program services are collected by the Foundation and directly disbursed to EMU. All other gifts are endowed/invested for future disbursement.

Interesting data from their 2019 990 filing

The filing documents outline the non-profit's mission as “The eastern michigan university foundation, through collaborative relationships with individuals, corporations, foundations and other organizations, creates opportunities that will provide additional support to the students, programs, services and educational community of eastern michigan university. the eastern michigan university foundation will achieve its mission through image enhancement, effective asset management, entrepreneurial efforts and development activities.”.

When outlining the tasks it performs, they were referred to as: “Eastern michigan university foundation's primary purpose is to solicit private funds on behalf of and for the exclusive benefit of eastern michigan university, and to expand its resource base through the management of assets and the investment and disbursement of funds.”.

  • The non-profit's reported state of operation is MI as per legal requirements.
  • The filing reveals that the address of the non-profit in 2019 is 112 WELCH HALL 850 W CROSS ST, YPSILANTI, MI, 48197.
  • As of 2019, the non-profit has 43 employees reported on their 990 form.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $1,892,459.
  • The organization has 27 independent voting members.
  • The organization was formed in 1990.
  • The organization pays $2,400,405 in salary, compensation, and benefits to its employees.
  • The organization pays $2,044,289 in fundraising expenses.

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