Form 990 for tax year 2024
Filed by DENISON UNIVERSITY RESEARCH FOUNDATION.
Totals
- Total revenue
- $82,320
- Total expenses
- $191,681
- Contributions and grants received
- $26,384
- Grants paid
- $184,656
- Program service revenue
- $0
- Investment income
- $55,936
- Other revenue
- $0
- Total assets, end of year
- $2,848,943
- Total liabilities, end of year
- $1,500
- Net assets or fund balances, end of year
- $2,847,443
- Program services expenses (Part IX)
- $184,656
- Management and general expenses
- $7,025
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $184,656
Program services were 96.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
ROD KORBA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
MICAH TRAPP
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
THOMAS HATTERSLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
DOUGLAS HOLTZ-EAKIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
DAVID SCHMIDT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
MARTIN JONES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
SHEILA LITTLE
TRUSTEE/VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.5
-
NANNETTE MACIEJUNES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
GAIL WEISS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
ADAM WEINBERG
PRESIDENT, DENISON UNIV.
- Total calculated
- $1,224,166
- From this org
- $0
- From related orgs
- $968,334
- Other
- $255,832
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $760,518 related
- Bonus
- $0 + $175,000 related
- Other
- $0 + $32,816 related
- Deferred
- $0 + $214,240 related
- Nontaxable benefits
- $0 + $41,592 related
- Filer's total
- $0 + $1,224,166 related
-
KIMBERLY SPECHT
EXECUTIVE DIRECTOR
- Total calculated
- $213,809
- From this org
- $0
- From related orgs
- $155,905
- Other
- $57,904
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $143,834 related
- Bonus
- $0
- Other
- $0 + $12,071 related
- Deferred
- $0 + $16,989 related
- Nontaxable benefits
- $0 + $40,915 related
- Filer's total
- $0 + $213,809 related
-
DAVID ENGLISH
VP FOR FIN.&MGMT.,DENISON
- Total calculated
- $428,794
- From this org
- $0
- From related orgs
- $363,269
- Other
- $65,525
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $307,947 related
- Bonus
- $0
- Other
- $0 + $55,322 related
- Deferred
- $0 + $41,490 related
- Nontaxable benefits
- $0 + $24,035 related
- Filer's total
- $0 + $428,794 related
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4B
- SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION PLAN - DENISON UNIVERSITY, A RELATED ORGANIZATION, OFFERS A SECTION 457(B) PLAN TO CERTAIN HIGHLY PAID EMPLOYEES. THIS PLAN ALLOWS A PARTICIPANT TO DEFER A PORTION OF THEIR COMPENSATION INTO THE PLAN. NONQUALIFIED DEFERRED COMPENSATION PLAN - THE UNIVERSITY'S PRESIDENT PARTICIPATES IN THE DENISON UNIVERSITY SUPPLEMENTAL RETIREMENT PLAN, WHICH WAS EFFECTIVE JULY 1, 2018 AND UPDATED JULY 1, 2022. THE PURPOSE OF THE PLAN IS TO PROVIDE DEFERRED COMPENSATION BENEFITS IF THE PRESIDENT MEETS CERTAIN PERFORMANCE GOALS SPECIFIED AND EVALUATED BY THE BOARD OF TRUSTEES WHO ARE INDEPENDENT OF HIM. THE AMOUNT ASSOCIATED WITH CALENDAR YEAR 2024 HAS BEEN ESTIMATED TO BE $172,750 AND IS INCLUDED IN COLUMN C OF PART II OF SCHEDULE J, AS REQUIRED BY THE INSTRUCTIONS FOR FORM 990 AND SCHEDULE J. FULL VESTING IN THE DEFERRED COMPENSATION PLAN OCCURRED ON JUNE 30, 2025, AND PAYMENT OF THE BENEFIT WAS MADE IN JULY, 2025.
- PART I, LINE 3 - METHODS OF ESTABLISHING COMPENSATION:
- DENISON UNIVERSITY, THE SUPPORTED ORGANIZATION, UTILIZES THE FOLLOWING IN DETERMINING THE COMPENSATION OF ITS PRESIDENT: COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
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.
-
501(C)(3) · HIGHER EDUCATION · OH
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601349349304680
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