Western Michigan University Foundation
85% goes to programs $20 to raise $100 Strong reserves Declining revenue
Western Michigan University Foundation is a 501(c)(3) organization based in Kalamazoo, Michigan, registered in 1976, with $58,768,528 in FY2023 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
1903 W Michigan Ave, Kalamazoo, MI, 49008 EIN 38-2138856 Since 1976
Revenue (FY2023)
$58.8M
▲ 23.3% vs prior year
Education median: $200K
Expenses (FY2023)
$56.4M
Net assets
$1.1B
Employees
0
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 rating85% to programs · $20 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 Western Michigan University Foundation: 85% to programs · $20 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating228 mo reserves · +4% 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 Western Michigan University Foundation: 228 mo reserves · +4% 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 Western Michigan University Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 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 Western Michigan University Foundation: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
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Mission
Maintaining and enhancing an endowment fund for western michigan university
Contact & location
- Address
- 1903 W Michigan Ave, Kalamazoo, MI, 49008
- City
- Kalamazoo
- State
- Michigan
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
Financial trends
Revenue grew from $41.1M (FY2018) to $58.8M (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $5,737Net assets $1.1B
Operating margin
4.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1B
Total liabilities
$5,737
Net assets
$1.1B
Salaries & benefits
$0
0% of expenses
Board members
27
23 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $58,768,528▲23.3% | $56,363,745▼6.8% | $1,069,230,589▲3.9% | $1,069,236,326▲3.9% | 990 |
| 2022 | $47,667,153▼54.0% | $60,470,859▲22.1% | $1,029,018,352▲2.4% | $1,029,018,352▲2.4% | 990 |
| 2021 | $103,674,460▼82.8% | $49,517,787▲40.0% | $1,004,796,036▼2.7% | $1,004,803,081▼2.7% | 990 |
| 2020 | $603,544,425▲1288% | $35,365,368▼5.9% | $1,032,267,966▲140% | $1,032,369,023▲140% | 990 |
| 2019 | $43,479,998▲5.8% | $37,575,105▼21.9% | $430,926,780▼3.4% | $431,026,780▼3.4% | 990 |
| 2018 | $41,082,264 | $48,084,239 | $446,280,606 | $446,380,606 | 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)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Bjorn Green | Director | 1 | — |
| Christopher C Womack | Director | 1 | — |
| Colleen Scarff | Assistant Tr | 1 | — |
| Edd Snyder | Director | 1 | — |
| Edward B Montgomery | Designated D | 1 | — |
| Floyd L Parks | Director | 1 | — |
| James K Sholl | Director | 1 | — |
| James S Brady | Director | 1 | — |
| Janice J Van Der Kley | Treasurer | 1 | — |
| Jeanne H Carlson | Vice Preside | 1 | — |
| Jennifer Lb Lentner | Director | 1 | — |
| John Shagonaby | Director | 1 | — |
| Jonas Peterson | Director | 1 | — |
| Kenneth V Miller | Director | 1 | — |
| Kristen R Devries | Secretary, E | 50 | — |
| Larry Lueth | President | 1 | — |
| L Leonard Harrison | Director | 1 | — |
| Lynn Chen-zhang | Director | 1 | — |
| Matthew D Mace | Director | 1 | — |
| Michael W Lewis | Director | 1 | — |
Grants received · $12.5M total
119 grants to Western Michigan University Foundation totaling $12.5M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Christian Charitable Foundation | Colleges and universities | 2024 | $200,240 |
| Kalamazoo Community Foundation | Education/instruction | 2024 | $117,328 |
| American Online Giving Foundation Inc | General support | 2024 | $69,495 |
| Community Foundation For Southeast Michigan | Education | 2024 | $51,100 |
| American Gift Fund | Operations | 2024 | $50,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $40,000 |
| Impactassets Inc | General support | 2024 | $33,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $22,595 |
| Giveclear Foundation | Program support | 2024 | $20,000 |
| Greater Houston Community Foundation | Educational | 2024 | $6,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $678,000 |
| Donor Advised Charitable Giving | Education | 2023 | $307,775 |
| National Christian Charitable Foundation | Support | 2023 | $300,590 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $297,400 |
| National Philanthropic Tr | Education | 2023 | $223,500 |
Grants made · $43.3M in FY2023
1 grant totaling $43.3M in FY2023. All grants made by Western Michigan University Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Western Michigan University | Capital projects and | $43,305,601 |
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Frequently asked questions
- Is Western Michigan University Foundation a legitimate nonprofit?
- Yes. Western Michigan University Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-2138856, based in Kalamazoo, Michigan. Donations are tax-deductible.
- What is Western Michigan University Foundation's EIN?
- Western Michigan University Foundation's Employer Identification Number (EIN) is 38-2138856.
- How much revenue does Western Michigan University Foundation report?
- Western Michigan University Foundation reported $58,768,528 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Western Michigan University Foundation's spending goes to programs?
- Western Michigan University Foundation spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Western Michigan University Foundation have?
- CharityIndex grades Western Michigan University Foundation A, based on program efficiency and fundraising cost.
- How much does Western Michigan University Foundation's highest-paid employee make?
- The highest reported compensation on Western Michigan University Foundation's latest Form 990 is $0, paid to Bjorn Green (Director).
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Data for Western Michigan University Foundation (EIN 38-2138856) 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.