Form 990 for tax year 2022
Filed by WESTERN ILLINOIS UNIVERSITY FOUNDATION.
Totals
- Total revenue
- $11,991,285
- Total expenses
- $10,084,845
- Contributions and grants received
- $8,730,443
- Grants paid
- $3,570,158
- Program service revenue
- $0
- Investment income
- $2,685,146
- Other revenue
- $575,696
- Total assets, end of year
- $104,629,465
- Total liabilities, end of year
- $1,551,464
- Net assets or fund balances, end of year
- $103,078,001
- Program services expenses (Part IX)
- $7,864,834
- Management and general expenses
- $1,633,424
- Fundraising expenses
- $586,587
- Program service expenses (Part III)
- $7,864,834
Program services were 78.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$122,966
-
1e · Government grants (contributions)
$174,766
-
1f · All other contributions, gifts and grants
$8,432,711
-
1g · Noncash contributions included above
$433,858
-
3 · Investment income
total $2,705,727 · excluded $2,705,727
-
5 · Royalties
total $111,381 · excluded $111,381
-
7a · Gross sales of assets other than inventory
securities $2,750,682
-
7b · Less cost or other basis and sales expenses
securities $2,771,263
-
7c · Gain or loss
securities -$20,581
-
7d · Net gain or loss
total -$20,581 · excluded -$20,581
-
8a · Fundraising events: gross income
$484,449
-
8a · Fundraising events: contributions included on line 1c
$122,966
-
8b · Fundraising events: direct expenses
$348,503
-
8c · Net income from fundraising events
total $135,946 · excluded $135,946
-
11a · Other revenue: Other income
total $351,375 · excluded $351,375
-
11b · Other revenue: Farm income
total -$23,006 · unrelated business -$23,006
-
11e · Other revenue, total
$328,369
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $546,767 · program services $546,767
-
2 · Grants to domestic individuals
total $3,023,391 · program services $3,023,391
-
11b · Fees: legal
total $1,302 · program services $894 · management and general $408
-
11c · Fees: accounting
total $39,680 · management and general $39,680
-
11f · Fees: investment management
total $980,509 · program services $877,205 · management and general $103,304
-
11g · Fees: other
total $19,210 · program services $19,185 · fundraising $25
-
12 · Advertising and promotion
total $85,905 · program services $72,468 · management and general $12,839 · fundraising $598
-
13 · Office expenses
total $485,777 · program services $412,589 · management and general $20,790 · fundraising $52,398
-
16 · Occupancy
total $91,695 · program services $91,695
-
17 · Travel
total $403,661 · program services $360,974 · management and general $41,544 · fundraising $1,143
-
19 · Conferences, conventions and meetings
total $60,850 · program services $50,981 · management and general $9,869
-
20 · Interest
total $23,305 · program services $23,305
-
22 · Depreciation, depletion and amortization
total $1,254 · program services $1,254
-
23 · Insurance
total $55,981 · program services $4,500 · management and general $50,973 · fundraising $508
-
24a · Other expenses: Taxes
total $51,501 · program services $42,673 · management and general $8,828
-
24b · Other expenses: Other contractual servi
total $1,519,981 · program services $1,128,448 · management and general $243,986 · fundraising $147,547
-
24c · Other expenses: Personnel Costs
total $1,009,468 · management and general $676,666 · fundraising $332,802
-
24d · Other expenses: Other university suppor
total $733,560 · program services $477,074 · management and general $251,401 · fundraising $5,085
-
24e · All other expenses
total $951,048 · program services $731,431 · management and general $173,136 · fundraising $46,481
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $2,364,434 · end of year $2,130,132
-
3 · Pledges and grants receivable
beginning of year $556,909 · end of year $2,908,811
-
7 · Other notes and loans receivable
beginning of year $26,678 · end of year $26,678
-
8 · Inventories for sale or use
end of year $102,670
-
9 · Prepaid expenses and deferred charges
beginning of year $82,868 · end of year $85,909
-
10a · Land, buildings and equipment: cost or other basis
$1,319,116
-
10b · Land, buildings and equipment: accumulated depreciation
$4,179
-
10c · Land, buildings and equipment, net
beginning of year $1,227,191 · end of year $1,314,937
-
12 · Investments: other securities
beginning of year $85,368,448 · end of year $91,915,984
-
15 · Other assets
beginning of year $6,734,824 · end of year $6,144,344
-
17 · Accounts payable and accrued expenses
beginning of year $90,282 · end of year $411,820
-
19 · Deferred revenue
beginning of year $338,279 · end of year $267,029
-
23 · Secured mortgages and notes payable
beginning of year $562,133 · end of year $495,893
-
25 · Other liabilities
beginning of year $403,237 · end of year $376,722
-
27 · Net assets without donor restrictions
beginning of year $11,252,665 · end of year $11,558,108
-
28 · Net assets with donor restrictions
beginning of year $83,714,756 · end of year $91,519,893
Mission and programs · 2022
Mission
Our mission is to maximize private support for Western Illinois University to assist in advancing its core values of academic excellence, educational opportunity, personal growth, and social responsibility. Private support enables Western Illinois University to enhance educational opportunities for its students and advance its mission of instruction, research, and public service.Private assistance is sought and administered with the primary objective of serving purposes other than those for which the State of Illinois makes sufficient appropriations.These contributions, when added to State resources, add an extra dimension by supporting programs that might not otherwise be possible. Such generosity enables Western Illinois University to enhance educational opportunities for its students and advance its mission of instruction, research, and public service.
Activities or mission (Part I)
The mission of the WIU Foundation is to maximize private support for Western Illinois University to assist in advancing its core values of academic excellence, educational opportunity, personal growth, and social responsibility. Private support enables Western Illinois University to enhance educational opportunities for its students and advance its mission of instruction, research, and public service.Private assistance is sought and administered with the primary objective of serving purposes other than those for which the State of Illinois makes sufficient appropriations.These contributions, when added to State resources, add an extra dimension by supporting programs that might not otherwise be possible. Such generosity enables Western Illinois University to enhance educational opportunities for its students and advance its mission of instruction, research, and public service.
-
Approximately, 3,136 scholarships and 33 faculty & staff awards were distributed during the year. Grant totals: Scholarships: $3,023,391; Faculty awards and grants $40,367.04; Education: $506,400; TOTAL: $3,570,158.
Expenses $3,570,158 · Grants $3,570,158
-
University: Provided financial support to departments, instructions, research, special projects, and other designated areas to enhance a variety of university programs.
Expenses $4,294,676
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
David L Miller
President
- Total calculated
- $0
- Hours/week
- 0.1
-
Randall S Germeraad
Vice President
- Total calculated
- $0
- Hours/week
- 0.6
-
Jason L Duncan
Secretary
- Total calculated
- $0
- Hours/week
- 0.4
-
Larry T Balsamo
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Robert K Baumann
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Patrick J Burke
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Lorraine Epperson
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Nicholas H Estes
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Charles C Gilbert
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
John E Hallwas
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Laura J Janus
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Steven J McCann
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Janice Owens
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Cynthia R Rauschert
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Jacqueline K Thompson
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Rhonda Haffner
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Arsenio Mims
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Brian Turner
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Todd Lester
Director
- Total calculated
- $0
- Hours/week
- 0.1
-
Bradley L Bainter
Executive Director
- Total calculated
- $49,139
- From this org
- $0
- From related orgs
- $49,139
- Other
- $0
- Hours/week
- 37.5
-
Holly Sutton
non-voting, Treasurer
- Total calculated
- $89,708
- From this org
- $0
- From related orgs
- $62,223
- Other
- $27,485
- Hours/week
- 37.5
-
Stacy Dorethy
Recording Secretary
- Total calculated
- $69,987
- From this org
- $0
- From related orgs
- $37,928
- Other
- $32,059
- Hours/week
- 37.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
Western Illinois University
$546,767
WIU faculty awards and grants, education
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Western Illinois University
115a · Education · IL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430649349300113
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