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Eastern Washington University Foundation

Eastern Washington University Foundation

Cheney, WA 99004
Tax ID91-1019819

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About this organization

Revenue

$10,741,119

Expenses

$9,390,523

Website

ewu.edu

Mission

THE EASTERN WASHINGTON UNIVERSITY FOUNDATION (FOUNDATION), A NON-PROFIT CORPORATION, WAS ESTABLISHED IN 1977 UNDER WASHINGTON LAW TO IDENTIFY, PROMOTE, RECEIVE, AND MANAGE ALL PRIVATE GIFTS FROM INDIVIDUALS, CORPORATIONS, FOUNDATIONS, AND ASSOCIATIONS TO EASTERN WASHINGTON UNIVERSITY (UNIVERSITY). THE FOUNDATION IS THE CATALYST AND CONDUIT THROUGH WHICH GIFTS AND ENDOWMENT INCOME FLOW TO PROVIDE IMMEDIATE AND LONG-TERM SUPPORT FOR THE UNIVERSITY AND ITS PROGRAMS. THUS, THE FOUNDATION IS A TOOL THROUGH WHICH PRIVATE SUPPORT IS RAISED AND MANAGED FOR THE SOLE BENEFIT OF EWU.OVERSEEN BY A BOARD OF DIRECTORS AND STAFFED BY A PROFESSIONAL DEVELOPMENT TEAM WHO ARE UNIVERSITY EMPLOYEES, THE FOUNDATION ADMINISTERS ALL GIFTS IN A BUSINESS-LIKE MANNER IN ACCORDANCE WITH THE DONOR'S WISHES. WHEN GIFTS ARE RECEIVED BY EWU COLLEGES OR OPERATING UNITS, THEY ARE FORWARDED FOR GIFT PROCESSING AND OFFICIAL ACCEPTANCE AND ACKNOWLEDGEMENT BY THE FOUNDATION.

About

SUPPORTING THE UNIVERSITYEWU IS STATE-ASSISTED RATHER THAN STATE-SUPPORTED WITH APPROXIMATELY 30 PERCENT OF EASTERN'S OPERATION BUDGET BEING PROVIDED BY STATE APPROPRIATIONS. FOCUSED ON DEVELOPING THE UNIVERSITY OF THE FUTURE-ONE THAT ANTICIPATES STUDENT EXPECTATIONS AS WELL AS THE NEEDS OF THE 21ST CENTURY PROFESSIONAL WORKFORCE-THE EWU FOUNDATION RIGOROUSLY FUNDRAISES TO ACCOUNT FOR A DECLINE IN STATE SUPPORT. BY WORKING TO BUILD PERMANENT ENDOWMENTS AND FUTURE GENERATIONS OF BENEFACTORS, THE EWU FOUNDATION IS TAKING STEPS TO ENSURE THAT STUDENTS AND PROGRAMS WILL RECEIVE NECESSARY FINANCIAL SUPPORT LONG INTO THE FUTURE.

Interesting data from their 2020 990 filing

The filing reveals the mission of the non-profit as “The eastern washington university foundation (foundation), a non-profit corporation, was established in 1977 under washington law to identify, promote, receive, and manage all private gifts from individuals, corporations, foundations, and associations to eastern washington university (university). the foundation is the catalyst and conduit through which gifts and endowment income flow to provide immediate and long-term support for the university and its programs. thus, the foundation is a tool through which private support is raised and managed for the sole benefit of ewu.overseen by a board of directors and staffed by a professional development team who are university employees, the foundation administers all gifts in a business-like manner in accordance with the donor's wishes. when gifts are received by ewu colleges or operating units, they are forwarded for gift processing and official acceptance and acknowledgement by the foundation.”.

When detailing its functions, they were listed as: “The eastern washington university foundation (foundation), a non-profit corporation, was established in 1977 under washington law to identify, promote, receive, and manage all private gifts from individuals, corporations, foundations, and associations to eastern washington university (university). the foundation is the catalyst and conduit through which gifts and endowment income flow to provide immediate and long-term support for the university and its programs. thus, the foundation is a tool through which private support is raised and managed for the sole benefit of ewu.overseen by a board of directors and staffed by a professional development team who are university employees, the foundation administers all gifts in a business-like manner in accordance with the donor's wishes. when gifts are received by ewu colleges or operating units, they are forwarded for gift processing and official acceptance and acknowledgement by the foundation.”.

  • According to the law, the state where the non-profit operates has been reported as WA.
  • The filing specifies that the non-profit's address in 2020 was 102 HARGREAVES HALL, CHENEY, WA, 99004.
  • As of 2020, the non-profit's form shows they have a total of 0 employees.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $1,350,596.
  • The organization has 27 independent voting members.
  • The organization was formed in 1977.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $132,814 in fundraising expenses.

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