Kansas University Endowment Assoc
88% goes to programs $4 to raise $100 Strong reserves Growing revenue
Kansas University Endowment Assoc is a 501(c)(3) organization based in Lawrence, Kansas, registered in 1934, with $571,769,149 in FY2023 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
Po Box 928, Lawrence, KS, 66044 EIN 48-0547734 Since 1934
Revenue (FY2023)
$571.8M
▲ 89.1% vs prior year
Education median: $200K
Expenses (FY2023)
$310.1M
Net assets
$3.0B
Employees
230
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating88% to programs · $4 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Kansas University Endowment Assoc: 88% to programs · $4 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating118 mo reserves · +46% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Kansas University Endowment Assoc: 118 mo reserves · +46% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Kansas University Endowment Assoc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Kansas University Endowment Assoc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
University support
What they do
Faculty support includes over 200 named, endowed positions, including 8 new faculty support funds endowed during this fiscal year. private funding augments salaries and supports awards, professional travel and professional development. this support is invaluable in creating the vibrant teaching and research environment that one expects at an international research university.
Student support - virtually all privately funded scholarships, awards and fellowships provided by ku come from donor contributions to ku endowment. this year, 96 new endowed scholarship and student support funds were created and about 9,671 students received financial assistance from privately funded scholarships at ku endowment.
Facilities support - construction, furnishings and equipment funded by private giving fluctuates from year to year depending on the timeline of construction projects. more than two-thirds of the university of kansas buildings and about 85% of the land available for campus expansion were made possible by private gifts.
Contact & location
- Address
- Po Box 928, Lawrence, KS, 66044
- City
- Lawrence
- State
- Kansas
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $253.6M (FY2013) to $571.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $175.2MNet assets $3.0B
Operating margin
45.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.2B
Total liabilities
$175.2M
Net assets
$3.0B
Salaries & benefits
$19.7M
6% of expenses
Board members
12
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $571,769,149▲89.1% | $310,064,806▲31.3% | $3,038,115,450▲11.2% | $3,213,356,210▲12.1% | 990 |
| 2022 | $302,294,908▼25.3% | $236,231,478▲4.5% | $2,731,306,191▲3.8% | $2,866,140,776▲3.6% | 990 |
| 2021 | $404,903,174▲34.1% | $226,039,447▲5.6% | $2,632,562,163▼1.1% | $2,766,269,381▼1.4% | 990 |
| 2020 | $301,882,539▲32.1% | $214,131,630▲14.2% | $2,661,187,234▲28.4% | $2,806,850,767▲27.7% | 990 |
| 2019 | $228,491,176▼35.5% | $187,480,952▼7.6% | $2,071,851,352 | $2,197,256,847▲0.4% | 990 |
| 2018 | $354,455,428▲11.6% | $202,933,801▼7.5% | $2,071,337,457▲7.5% | $2,188,644,850▲7.5% | 990 |
| 2017 | $317,632,476▲63.7% | $219,422,556▲3.1% | $1,925,962,264▲8.4% | $2,036,065,980▲7.8% | 990 |
| 2016 | $194,013,495▼10.2% | $212,739,376▲7.8% | $1,777,378,407▲5.3% | $1,888,313,784▲4.9% | 990 |
| 2015 | $215,938,185▼23.7% | $197,336,150▼9.8% | $1,687,420,710▼3.2% | $1,799,843,513▼3.3% | 990 |
| 2014 | $282,839,552▲11.5% | $218,739,122▲45.7% | $1,743,358,324▲1.0% | $1,861,251,704▲1.7% | 990 |
| 2013 | $253,638,944 | $150,176,702▲4.3% | $1,725,544,082▲17.6% | $1,830,047,985▲17.1% | 990 |
| 2012 | — | $143,940,178▲0.7% | $1,466,790,037▲9.7% | $1,562,679,049▲8.3% | 990 |
| 2011 | — | $142,906,102▲7.3% | $1,337,379,482▼2.8% | $1,443,442,782▼2.4% | 990 |
| 2010 | — | $133,135,642▲4.1% | $1,376,592,140▲18.3% | $1,478,771,447▲12.7% | 990 |
| 2009 | — | $127,901,407 | $1,163,861,825 | $1,311,662,594 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: James G Clarke — $747,994 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| James G Clarke | Treasurer/svp Chief Investment Officer | 40 | $747,994 |
| Daniel J Martin | President | 40 | $487,016 |
| Stacy D Nuss | Vp Investments & Asst Treasurer | 40 | $337,923 |
| Allison L Long | Secretary/svp Admin & Coo | 40 | $293,543 |
| James R Mechler | General Counsel | 40 | $254,570 |
| Kristen V Toner | Dep Ad & Avp, Development | 40 | $239,020 |
| Ryan M Toner | Director, Investments | 40 | $223,795 |
| Monte L Soukup | Sr Vp, Property Management | 40 | $209,021 |
| Mary N Lucas | Vp, Medical Development | 40 | $187,583 |
| D Jerome Davies | Former Officer/trustee | 40 | $185,571 |
| Dana Valdois Hensley | Executive Committee-volunteer | 4 | — |
| David B Dillon | Executive Committee-volunteer | 4 | — |
| Howard E Cohen | Executive Committee-volunteer | 4 | — |
| Janet Martin Mckinney | Executive Committee-volunteer | 4 | — |
| Jay Howard | Executive Committee-volunteer | 4 | — |
| Jill Docking | Vice Chair (oct '23) Executive Committee-volunteer | 4 | — |
| John B Dicus | Executive Committee-volunteer (ending Feb '24) | 4 | — |
| Kurt D Watson | Executive Committee-volunteer | 4 | — |
| Linda Zarda Cook | Executive Committee-volunteer (starting Oct '23) | 4 | — |
| Lydia I Beebe | Chair, Executive Committee-volunteer | 4 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Cambridge Associates LLC | Investment Consulting | $2,266,000 |
| Csl LLC | Project Mgmt Consulting | $2,236,842 |
| Lathrop and Gage LLP | Legal Services | $568,903 |
| Lewis Burke Associates LLC | Consulting | $265,000 |
| Pillsbury Winthrop Shaw Pittman LLP | Legal Services | $223,088 |
Grants received · $156.2M total
394 grants to Kansas University Endowment Assoc totaling $156.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Kansas City Community Foundation | Education | 2024 | $24,830,665 |
| Silicon Valley Community Foundation | Education | 2024 | $6,000,000 |
| Greater Horizons | Education | 2024 | $3,126,021 |
| Government Employees Health Association Inc | University support | 2024 | $1,500,000 |
| The V Foundation | Cancer research | 2024 | $800,000 |
| American Online Giving Foundation Inc | General support | 2024 | $245,726 |
| Ayco Charitable Foundation | Education | 2024 | $220,500 |
| Health Care Foundation of Greater Kansas City | K12 initiative | 2024 | $165,000 |
| American Endowment Foundation | General operating support | 2024 | $161,250 |
| Charities Aid Foundation America | Charitable donation | 2024 | $159,382 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $131,750 |
| Daffy Charitable Fund | General support of mission | 2024 | $120,000 |
| National Christian Charitable Foundation | Colleges and universities | 2024 | $85,250 |
| American Gift Fund | Operations | 2024 | $70,000 |
| Tulsa Community Foundation | General operations | 2024 | $68,750 |
Grants made · $274.0M in FY2023
4 grants totaling $274.0M in FY2023. All grants made by Kansas University Endowment Assoc →
| Recipient | Purpose | Amount |
|---|---|---|
| The University of Kansas | Student scholarships and fellowships, student and faculty awards and prizes, faculty and staff salary support, general program and educational support, and facilities support for the university of kansas and its controlled organizations. | $253,382,689 |
| The University of Kansas Hospital Authority | Salary and facility support for the university of kansas health systems. | $15,800,367 |
| Kansas University Alumni Association | General support to further the mission of the alumni association to inform, engage, and mobilize the ku community. | $3,850,434 |
| Ad Astra Education Foundation | Scholarship support for students at the university of kansas from groups who have historically been underrepresented. | $969,152 |
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Frequently asked questions
- Is Kansas University Endowment Assoc a legitimate nonprofit?
- Yes. Kansas University Endowment Assoc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 48-0547734, based in Lawrence, Kansas. Donations are tax-deductible.
- What is Kansas University Endowment Assoc's EIN?
- Kansas University Endowment Assoc's Employer Identification Number (EIN) is 48-0547734.
- How much revenue does Kansas University Endowment Assoc report?
- Kansas University Endowment Assoc reported $571,769,149 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Kansas University Endowment Assoc's spending goes to programs?
- Kansas University Endowment Assoc spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Kansas University Endowment Assoc have?
- CharityIndex grades Kansas University Endowment Assoc A, based on program efficiency and fundraising cost.
- How much does Kansas University Endowment Assoc's highest-paid employee make?
- The highest reported compensation on Kansas University Endowment Assoc's latest Form 990 is $747,994, paid to James G Clarke (Treasurer/svp Chief Investment Officer).
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Data for Kansas University Endowment Assoc (EIN 48-0547734) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.