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Kettering University

Public charityFed auditsIRS 990990-T FY2023
DBA: % MARSHA BEWERSDORF
Other · FLINT, MI · EIN 38-2410852

About

Kettering university prepares students for lives of extraordinary leadership and service by linking transformative experiential learning opportunities to rigorous academic programs in engineering, science, mathematics and business. Founded in 1919 by a group of flint leaders with a vision for transforming the automobile industry, kettering university today offers 9 undergraduate degrees, 8 graduate degrees, and a variety of concentrations and minors that allow it to deliver an education that couples theory and practice better than ANY other institution in the world. The university is dedicated to achieving the extraordinary through technological innovation, leadership and service. Through growth, global leadership, community outreach and an engaged community of stakeholders the university strives to fulfill its mission. The university's actions are imbued by a SET of values that foster respect, integrity, creativity, collaboration and excellence.

In care of Marsha Bewersdorf

Donations are tax-deductible
Category
Other
Employees
870
Volunteers
1,000

Financial Snapshot

FY ending 2023-06-30
Revenue
$104.3M
Expenses
$106.2M
Assets
$275.3M
Liabilities
$46.9M

Financial history

$108.9M$54.4M$0
1617181920212223
RevenueExpenses
Latest FY2023: $104.3M · Peak FY2022: $108.9M · Avg: $86.2M

Foreign activity (Schedule F)

Total spent abroad$15.4M
Foreign employees3
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
Central America and the Caribbean
Europe (Including Iceland and Greenland)
EUROPE
North America
EUROPE

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$40.7M
KETTERING UNIVERSITY
Your actions

Address

1700 University AVE
Flint, MI, 48504-621

Governance

Voting board members25
Independent members24
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %11.0%
Permanent endowment %58.0%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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