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Connecticut · Nonprofit

WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC

WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC (Connecticut) receives grants from 33 organizations whose IRS filings report $1,866,851 to it, the largest being IRFAN KATHWARI FOUNDATION INC ($564,000). 17 of them have funded it in more than one year.

Revenue FY2025
$6.8M
Funders on record
33
Grants received
$1.9M
Net assets
$39M
17/33 repeat funderspeak grant-dependency 10%
01What it does

What Western Connecticut State University Foundation Inc does

Mission

The wcsu foundation, inc. Operates exclusively to solicit all forms of donations and disburses such funds to aid, supplement, improve and enlarge the educational, cultural and research facilities and activities of western connecticut state university.

As stated on its FY2025 Form 990.

Program

  1. Provided support to the western connecticut state university.

    $1,451,165 spentof which $1,384,887 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $1,451,165.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($4.0M) Expenses 100 ($1.1M) Net assets 100 ($24M)2018 Revenue 65 ($2.6M) Expenses 203 ($2.2M) Net assets 99 ($24M)2019 Revenue 60 ($2.4M) Expenses 152 ($1.7M) Net assets 102 ($25M)2020 Revenue 147 ($5.9M) Expenses 340 ($3.8M) Net assets 110 ($26M)2021 Revenue 60 ($2.4M) Expenses 250 ($2.8M) Net assets 124 ($30M)2022 Revenue 66 ($2.6M) Expenses 116 ($1.3M) Net assets 113 ($27M)2023 Revenue 54 ($2.1M) Expenses 130 ($1.4M) Net assets 121 ($29M)2024 Revenue 72 ($2.9M) Expenses 161 ($1.8M) Net assets 136 ($33M)2025 Revenue 170 ($6.8M) Expenses 167 ($1.8M) Net assets 164 ($39M)
'17'18'19'20'21'22'23'24'25
Revenue (170)Expenses (167)Net assets (164)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 2024 to 2025, from $33M to $39M (+20%).

$24M
$24M
$25M
$26M
$30M
$27M
$29M
$33M
$39M
'17'18'19'20'21'22'23'24'25
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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

76% of WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$2.9M
’17
$354k
’18
$708k
’19
$2.1M
’20
−$367k
’21
$1.3M
’22
$706k
’23
$1.1M
’24
$5.0M
’25
65
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.

Board chair

Martin Morgado

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed282626272729282421
Joined·+2+3+3+0+8+0+8+5
No longer listed·432061128
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 10 funders, grant income rose $123k → $209k.

11 of 33 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 33% 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 WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC’s funders (the co-funder graph). Top 30 of 33 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

WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC has a broad base — no single funder exceeds 30% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

58% 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 WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC.

30%
largest funder
55%
top three
~7
effective funders

Largest funder’s share by year: 2017 93% · 2018 81% · 2019 51% · 2020 54% · 2021 36% · 2022 31% · 2023 61% — diversifying over time.

“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

32% of WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC's funders are still giving 3 years after their first grant; 52% give in more than one year at all.

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

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

WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC draws 60% of its grant income from funders outside Connecticut, across 9 states in all.

NY
PA
NJ
CT
CA
TN
NC
DC
FL

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

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

Funder states come from each funder’s own filing. $610k arriving through sponsors registered in 9 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

WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.

Operating margin73% · top quartile
Months of reserve64.5mo · top quartile
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Organizations like WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC

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 Connecticut

Nationally

05Profile & governance

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

Where the money goes

79% of spending goes to programs.

Program 79%Management 19%Fundraising 3%

Governance

21
board members
67%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

47%

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

Footprint & structure

Files a return copy in 4 states

NH
MA
CT
MD

Part of a family of 2 related entities

  • Western Connecticut State University · exempt
  • Western Connecticut State Alumni · exempt

Screen this organization

A dated, signed PDF of the compliance screen for WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC: 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 WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC?
WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC (Connecticut) receives grants from 33 organizations whose IRS filings report $1,866,851 to it, the largest being IRFAN KATHWARI FOUNDATION INC ($564,000). 17 of them have funded it in more than one year.
How many funders does WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC have?
IRS filings report 33 organizations giving $1,866,851 in grants to WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC, 17 of which have funded it in more than one year.
Who is the largest funder of WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC?
IRFAN KATHWARI FOUNDATION INC is the largest funder on record, with $564,000 in grants. The full list of funders is on this page.
How can an organization like WESTERN CONNECTICUT STATE UNIVERSITY FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Connecticut. 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 2017–2025), and the filings of 33 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 14, 2026. What this page cannot tell you · view filing