Totals
- Total revenue
- $1,570,134
- Total expenses
- $1,722,838
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $1,570,134
- Other revenue
- $0
- Total assets, end of year
- $79,402,810
- Total liabilities, end of year
- $67,067,131
- Net assets or fund balances, end of year
- $12,335,679
- Program services expenses (Part IX)
- $1,722,838
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,722,838
Program services were 100.0% 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.
-
3 · Investment income
total $1,570,134 · related or exempt $1,570,134
Functional expenses
Part IX, the statement of functional expenses.
-
20 · Interest
total $1,570,134 · program services $1,570,134
-
22 · Depreciation, depletion and amortization
total $32,762 · program services $32,762
-
24a · Other expenses: PILOT EXPENSE
total $118,146 · program services $118,146
-
24b · Other expenses: BANK SERVICE CHARGE
total $1,796 · program services $1,796
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $192,124 · end of year $192,124
-
15 · Other assets
beginning of year $82,823,754 · end of year $79,210,686
-
20 · Tax-exempt bond liabilities
beginning of year $68,957,742 · end of year $65,527,442
-
25 · Other liabilities
beginning of year $1,569,753 · end of year $1,539,689
-
27 · Net assets without donor restrictions
beginning of year $12,488,383 · end of year $12,335,679
Mission and programs · 2024
Mission
CONSTRUCTING, OPERATING, AND MAINTAINING HOUSING AND OTHER FACILITIES FOR STUDENTS ATTENDING INDIANA UNIVERSITY OF PA, AND TO PROVIDE OTHER SUPPORT FOR THE EDUCATIONAL, LITERACY, AND CULTURAL DEVELOPMENT OF THE UNIVERSITY AND ITS STUDENTS.
Activities or mission (Part I)
TO PROVIDE PHILANTHROPIC SUPPORT TO THE FOUNDATION FOR IUP AND TO INDIANA UNIVERSITY OF PA.
-
RESIDENTIAL REVIVAL INDIANA OWNS AND RENTS RESIDENTIAL HOUSING TO INDIANA UNIVERSITY OF PENNSYLVANIA.
Expenses $1,722,838 · Revenue $1,570,134
As filed on the 2024 return.
Listed in Part VII
-
RICHARD CARUSO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
FRANK ROBERTS
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
DAVID BLUEMLING
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 2 + 5 related
-
DR J THOMAS FRANTZ
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 2 + 1 related
-
FRANCIS CONDINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DIANNE FRYE DELISA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SUSAN MANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
DONNA GRIFFITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
CHUCK OSHURAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 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.
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.
-
FOUNDATION FOR INDIANA UNIVERSITY OF PENNSYLVANIA
501(C)(3) · TO PROVIDE SUPPORT TO INDIANA UNIVERSITY OF PENNSYLVANIA · PA
Directly controlled by INDIANA UNIVERSITY OF PENNSYLVANIA
-
INDIANA UNIVERSITY OF PENNSYLVANIA
EDUCATION · PA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 29 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533029349302153
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