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Saginaw Valley State University Foundation

Public charity990-T FY2023
DBA: FOUNDATION
Other · UNIVERSITY CENTER, MI · EIN 38-6085447

About

To generate and cultivate a community of enthusiastic and loyal donors who contribute to the development of a premier university of outstanding students.

DBA Foundation

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
67

Financial Snapshot

FY ending 2023-06-30
Revenue
$5.7M
Expenses
$7.0M
Assets
$102.4M
Liabilities
$464K

Financial history

$18.2M$9.1M$0
17181920212223
RevenueExpenses
Latest FY2023: $5.7M · Peak FY2022: $18.2M · Avg: $10.8M

Foreign activity (Schedule F)

Total spent abroad$13.3M
Foreign partnership interestYes
Foreign trust interestNo
RegionActivitySpent
CENTRAL AMERICA & THE CARIBBEAN
NORTH AMERICA

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$5.8M
SAGINAW VALLEY STATE UNIVERSITY FOUNDATION
Your actions

Address

7400 BAY Road
University Center, MI, 48710-000

Governance

Voting board members34
Independent members28
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %16.5%
Permanent endowment %83.5%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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