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Ohio · Nonprofit

Wright State University Foundation Inc

Wright State University Foundation Inc (Ohio) receives grants from 65 organizations whose IRS filings report $8,793,546 to it, the largest being WRIGHT-PATT CREDIT UNION INC ($1,922,300). 43 of them have funded it in more than one year.

Revenue FY2025
$22M
Funders on record
65
Grants received
$8.8M
Net assets
$189M
43/65 repeat funderspeak grant-dependency 14%
01What it does

What Wright State University Foundation Inc does

Mission

The Wright State University Foundation's mission is to partner with Wright State University in providing funding that assists students from the Dayton region and beyond to obtain an affordable, quality education by: 1) promoting and facilitating a culture of engagement and philanthropy 2) prudently protecting, managing, and investing funds entrusted to it 3) disbursing funds aligned with the university's mission and priorities and ensuring funds disbursed are used as intended.

As stated on its FY2025 Form 990.

Programs

  1. Scholarships: students at wright state university receive a quality education that is paid partly by tuition and partly by state subsidy. The latter revenue source has declined in recent years thereby making it more difficult to finance a college education. Although wright state remains one of the most affordable public institutions in ohio, the foundation seeks to offset the loss of state tuition subsidies by raising private contributions in support of student tuition payments.

    $3,624,847 spentof which $3,624,847 as grants
    54% of program spending
  2. University programs: donated resources for various academic and support functions at wright state university allows administrators flexibility to deliver quality programs to their constituencies. These contributions supplement the university's budget allocation and allow program managers to offer unique and creative learning opportunities for students. During the current year, 24% of expenses in this area related to partial or complete support of program personnel that otherwise would not have been supported by the university's operating budget. Proceeds in this area are also used to construct, renovate and rehabilitate university facilities. During the current year, 28% of expenses in this area related to partial or complete support of program personnel that otherwise would not have been supported by the university's operating budget. Proceeds in this area are also used to construct, renovate and rehabilitate university facilities.

    $2,262,480 spentof which $2,262,480 as grants
    34% of program spending
  3. Athletic programs: through its athletic programs, wright state offers its students the opportunity to compete on one of its twelve ncaa division one men's and women's sports teams. These programs seek to transform the lives of its student-athletes, building a solid foundation for student success at all levels. Athletics is committed helping its student-athletes develop as people, students and athletes - in that order - as well as supporting the mission of wright state.

    $494,523 spentof which $494,523 as grants
    7% of program spending
  4. Research: scholarly research is a core part of wright state university's mission. The foundation seeks to enhance funding for these activities by raising private support that provides personnel and operating cost coverage for various projects. Many, although not all, of the university-supported research programs are in the field of medicine. The amount of research support provided by the foundation was $146,125.

    $178,956 spentof which $178,956 as grants
    3% of program spending
  5. Other/various: the foundation entertains requests to assist with funding various university purchases and projects for the betterment of the entire campus community. The majority of expenses in the current fiscal year were made in support of the university's various recruiting, retaining and relationship goals.

    $129,750 spentof which $129,750 as grants$583,305 earned by the program
    2% of program spending

The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,690,556.

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 ($8.3M) Expenses 100 ($12M) Net assets 100 ($133M)2018 Revenue 139 ($12M) Expenses 93 ($11M) Net assets 101 ($134M)2019 Revenue 135 ($11M) Expenses 91 ($11M) Net assets 101 ($134M)2020 Revenue 192 ($16M) Expenses 84 ($10M) Net assets 101 ($135M)2021 Revenue 160 ($13M) Expenses 67 ($8.1M) Net assets 122 ($163M)2022 Revenue 269 ($22M) Expenses 78 ($9.3M) Net assets 110 ($146M)2023 Revenue 231 ($19M) Expenses 87 ($10M) Net assets 118 ($156M)2024 Revenue 166 ($14M) Expenses 85 ($10M) Net assets 127 ($169M)2025 Revenue 269 ($22M) Expenses 80 ($9.6M) Net assets 142 ($189M)
'17'18'19'20'21'22'23'24'25
Revenue (269)Expenses (80)Net assets (142)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 $138M to $166M (+21%).

$137M
$137M
$137M
$138M
$166M
$149M
$160M
$173M
$193M
'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

38% of Wright State University Foundation Inc’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 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.

−$3.7M
’17
$335k
’18
$208k
’19
$5.9M
’20
$5.2M
’21
$13M
’22
$8.7M
’23
$3.4M
’24
$13M
’25
2.4
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

Linda Black-Kurek

Chair

As listed on its FY2025 Form 990.

20242025
Listed4036
Joined·+4
No longer listed·8
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 16 funders to 25 funders, grant income rose $1.1M → $1.2M.

23 of 65 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 47% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $546k from one payer (the payer shares this organization's board, largest Wright State University Alumni Association). These are real filings, and they are not money Wright State University Foundation Inc raised.

From the IRS filings of Wright State University Foundation Inc’s funders (the co-funder graph). Top 30 of 65 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

Wright State University Foundation Inc has a broad base — no single funder exceeds 22% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

85% 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 Wright State University Foundation Inc.

22%
largest funder
47%
top three
~10
effective funders

Largest funder’s share by year: 2017 44% · 2018 31% · 2019 33% · 2020 38% · 2021 44% · 2022 30% · 2023 27% — 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

39% of Wright State University Foundation Inc's funders are still giving 3 years after their first grant; 66% 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

88% of Wright State University Foundation Inc's grant income comes from Ohio funders.

MT
IL
WI
NY
IN
OH
NJ
CT
VA
DE
GA
TX
FL

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

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

Funder states come from each funder’s own filing. $4.2M arriving through sponsors registered in 11 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

Wright State University Foundation Inc runs a healthier operating margin than three-quarters of the 3,794 education nonprofits its size.

Operating margin57% · top quartile
Months of reserve2.4mo · below the median
Revenue growth (annualized)13% · top quartile

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like Wright 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 Ohio

Nationally

05Profile & governance

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

Where the money goes

70% of spending goes to programs.

Program 70%Management 23%Fundraising 7%

Governance

30
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

34%

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

Footprint & structure

Part of a family of 4 related entities

  • Wsuf Emergence Center No 1 LLC (Fka Fairborn Office Property Llc) · disregarded
  • Raider Food Pantry Inc · disregarded
  • Wright State University · exempt
  • Charitable Remainder Trusts (3) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for Wright 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.

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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 Wright State University Foundation Inc?
Wright State University Foundation Inc (Ohio) receives grants from 65 organizations whose IRS filings report $8,793,546 to it, the largest being WRIGHT-PATT CREDIT UNION INC ($1,922,300). 43 of them have funded it in more than one year.
How many funders does Wright State University Foundation Inc have?
IRS filings report 65 organizations giving $8,793,546 in grants to Wright State University Foundation Inc, 43 of which have funded it in more than one year.
Who is the largest funder of Wright State University Foundation Inc?
WRIGHT-PATT CREDIT UNION INC is the largest funder on record, with $1,922,300 in grants. The full list of funders is on this page.
How can an organization like Wright State University Foundation Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. 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 65 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