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Washington · Nonprofit

WASHINGTON STATE UNIVERSITY FOUNDATION

WASHINGTON STATE UNIVERSITY FOUNDATION (Washington) receives grants from 240 organizations whose IRS filings report $75,091,918 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($11,807,736). 136 of them have funded it in more than one year.

Revenue FY2025
$125M
Funders on record
240
Grants received
$75M
Net assets
$827M
136/240 repeat funderspeak grant-dependency 9%
01What it does

What Washington State University Foundation does

Mission

The mission of the Foundation is to promote, accept, and maximize private support for programs, initiatives, and properties of Washington State University and its regional campuses. The Foundation also prudently manages, invests, and stewards assets entrusted to it.

As stated on its FY2025 Form 990.

Programs

  1. General Program Support: The Foundation does not directly provide the program service. However, contributions received for this purpose were distributed to the University for use in accordance with donor agreements. These contributions earmarked funds for general and administrative expenses, entrepreneurial activities, and other departmental and university wide programs.

    $34,144,074 spentof which $34,033,317 as grants$6,552,834 earned by the program
    40% of program spending
  2. Scholarships & Fellowships: The Foundation does not directly award scholarships and fellowships. However, contributions for these purposes were distributed to the University for use in accordance with donor agreements. Student financial aid was received for loans, graduate fellowships, general scholarships and scholarships with specific criteria, such as merit, need, and multiculturalism.

    $25,642,790 spentof which $25,559,610 as grants$4,921,292 earned by the program
    30% of program spending
  3. Facilities Operation and Maintenance: The Foundation does not directly provide facility and maintenance program services. However, contributions received for this purpose are distributed to the University for use in accordance with the donor agreements. Contributions were received for the purchase and maintenance of buildings and equipment.

    $13,707,592 spentof which $13,663,128 as grants$2,630,722 earned by the program
    16% of program spending
  4. Professorships, Chairs and Instructions: The Foundation does not directly provide this program service. However, contributions received for this purpose were distributed to the University for disbursement in accordance with donor agreements. Contributions were largely used for faculty research projects, salary support and instructions outside the normal classroom.

    $8,747,367 spentof which $8,718,993 as grants$1,678,770 earned by the program
    10% of program spending
  5. Research: The Foundation does not directly provide this program service. However, contributions received for this purpose were distributed to the University for disbursement in accordance with donor agreements. Contributions were received to further University wide research projects.

    $3,052,229 spentof which $3,042,328 as grants$585,776 earned by the program
    4% of program spending

The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $85,294,052.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($88M) Expenses 100 ($81M) Net assets 100 ($541M)2021 Revenue 119 ($105M) Expenses 104 ($84M) Net assets 129 ($699M)2022 Revenue 178 ($157M) Expenses 125 ($102M) Net assets 126 ($683M)2023 Revenue 120 ($106M) Expenses 133 ($108M) Net assets 131 ($707M)2024 Revenue 126 ($112M) Expenses 133 ($107M) Net assets 141 ($761M)2025 Revenue 142 ($125M) Expenses 140 ($114M) Net assets 153 ($827M)
202020212022202320242025
Revenue (142)Expenses (140)Net assets (153)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $557M to $716M (+28%).

$557M
$716M
$700M
$723M
$777M
$841M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

66% of WASHINGTON STATE UNIVERSITY FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (14% for the typical peer).

This organization
Typical peer · 732 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

$7.3M
’20
$21M
’21
$56M
’22
−$1.8M
’23
$4.1M
’24
$11M
’25
0.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202020212022202320242025
Listed323641424040
Joined·+9+12+15+13+7
No longer listed·5714157
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 48 funders to 88 funders, grant income rose $4.7M → $9.5M.

53 of 240 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 50% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of WASHINGTON STATE UNIVERSITY FOUNDATION’s funders (the co-funder graph). Top 30 of 240 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

WASHINGTON STATE UNIVERSITY FOUNDATION has a broad base — no single funder exceeds 16% of grant income, and it takes 9 funders to reach half.

the vertical line marks half of all grant income — 9 funders to its left

65% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WASHINGTON STATE UNIVERSITY FOUNDATION.

16%
largest funder
33%
top three
~18
effective funders

Largest funder’s share by year: 2017 12% · 2018 15% · 2019 18% · 2020 12% · 2021 12% · 2022 15% · 2023 24% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

41% of WASHINGTON STATE UNIVERSITY FOUNDATION's funders are still giving 3 years after their first grant; 57% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

WASHINGTON STATE UNIVERSITY FOUNDATION draws 60% of its grant income from funders outside Washington, across 34 states in all.

AK
WA
ID
MT
MN
IL
WI
NY
MA
OR
NV
SD
IA
OH
PA
NJ
CT
RI
CA
UT
CO
MO
VA
MD
DE
AZ
NM
KS
TN
NC
SC
DC
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Washington out of state home

Funder states come from each funder’s own filing. $37M arriving through sponsors registered in 22 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

WASHINGTON STATE UNIVERSITY FOUNDATION runs a healthier operating margin than half of the 684 education nonprofits its size.

Operating margin9% · above the median
Months of reserve0.1mo · bottom quartile
Revenue growth (annualized)7% · above the median

this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025

Organizations like WASHINGTON STATE UNIVERSITY FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

75% of spending goes to programs.

Program 75%Management 18%Fundraising 7%

Governance

26
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

87%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 18 states

AK
NH
WA
MN
IL
MI
NY
MA
OR
NV
NJ
CA
UT
CO
KY
MD
SC
OK

Part of a family of 5 related entities

  • WSUF Properties LLC · disregarded
  • Cougar Property Holdings · exempt
  • Ruckelshaus Center · exempt
  • Charitable Remainder UT (36) · corp_trust
  • Charitable Remainder AT (1) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for WASHINGTON STATE UNIVERSITY FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WASHINGTON STATE UNIVERSITY FOUNDATION?
WASHINGTON STATE UNIVERSITY FOUNDATION (Washington) receives grants from 240 organizations whose IRS filings report $75,091,918 to it, the largest being DONOR ADVISED CHARITABLE GIVING INC ($11,807,736). 136 of them have funded it in more than one year.
How many funders does WASHINGTON STATE UNIVERSITY FOUNDATION have?
IRS filings report 240 organizations giving $75,091,918 in grants to WASHINGTON STATE UNIVERSITY FOUNDATION, 136 of which have funded it in more than one year.
Who is the largest funder of WASHINGTON STATE UNIVERSITY FOUNDATION?
DONOR ADVISED CHARITABLE GIVING INC is the largest funder on record, with $11,807,736 in grants. The full list of funders is on this page.
How can an organization like WASHINGTON STATE UNIVERSITY FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 240 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing