The mission of the worcester state foundation is to promote the growth and progress of worcester state university beyond what is possible with state funding.
Donations are tax-deductible
Category
Other
Employees
0
Volunteers
376
Financial Snapshot
FY ending 2023-06-30
Revenue
$8.3M
Expenses
$2.0M
Assets
$48.7M
Liabilities
$1.6M
Financial history
$8.3M$4.1M$0
1617181920212223
RevenueExpenses
Latest FY2023: $8.3M · Avg: $4.8M
Political & Grant Activity
Campaign Spending
—
Lobbying
—
Grants Given
$1.0M
WORCESTER STATE FOUNDATION INC
Your actions
Address
486 Chandler ST
Worcester, MA, 01602-286
Governance
Voting board members46
Independent members46
Conflict-of-interest policyYes
Whistleblower policyNo
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo
Financial detail (Schedule D)
Board-designated %0.0%
Permanent endowment %71.9%
Endowment held by related orgNo
Fundraising activity (Schedule G)
ChannelsMail · Phone · Email · In-person · Grant solicitation