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Olivet Nazarene University Foundation

Public charity
Other · BOURBONNAIS, IL · EIN 23-7063419

About

Receive, administer, and expend funds for religious, educational, charitable, and scientific purposes in connection with promoting and assisting the educational services of Olivet Nazarene University.

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
35

Financial Snapshot

FY ending 2023-06-30
Revenue
$8.2M
Expenses
$6.1M
Assets
$193.0M
Liabilities
$134.1M

Financial history

$10.1M$5.0M$0
17181920212223
RevenueExpenses
Latest FY2023: $8.2M · Peak FY2018: $10.1M · Avg: $7.6M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$1.9M
OLIVET NAZARENE UNIVERSITY FOUNDATION
Your actions

Address

160 W River ST
Bourbonnais, IL, 60914-183

Governance

Voting board members21
Independent members17
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

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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