Kansas State University Foundation
1800 Kimball Ave Ste 200
Manhattan KS 66502-3373
Web and Phone Contact
Telephone (785) 775-2000
Mission Statement
THE MISSION OF THE KANSAS STATE UNIVERSITY FOUNDATION IS TO SECURE
AND PRUDENTLY MANAGE PRIVATE GIFTS IN SUPPORT OF KANSAS STATE
UNIVERSITY AND FOSTER A CULTURE THAT UNITES PHILANTHROPIC DESIRES
WITH UNIVERSITY PRIORITIES.
Leadership
CEO/Executive Director Greg Willems
Board Chair Stephen Lacy
Board Chair Company Affiliation
History and Background
Year of Incorporation 1945
Financial Summary
Revenue Expense Area Graph

Comparing revenue to expenses shows how the organizations finances fluctuate over time.

Source: IRS Form 990

 Breakdown
Net Gain/Loss:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.
Statements
Mission Statement
THE MISSION OF THE KANSAS STATE UNIVERSITY FOUNDATION IS TO SECURE
AND PRUDENTLY MANAGE PRIVATE GIFTS IN SUPPORT OF KANSAS STATE
UNIVERSITY AND FOSTER A CULTURE THAT UNITES PHILANTHROPIC DESIRES
WITH UNIVERSITY PRIORITIES.
Background Statement The KSU Foundation is K-State’s strategic partner for philanthropy.
Impact Statement
The KSU Foundation inspires and guides philanthropy toward university priorities to boldly advance K-State.  
  • $174.2 million raised in FY18
  • 170 new scholarships created
  • $92 million made available to campus to support students, faculty, facilities and programs
Needs Statement Key support areas: Student support, Faculty support, Facility support, Program support, Excellence funding support
Service Categories
Higher Education
Areas of Service
KS
MO
Geographic Area Served Narrative Kansas State University is a comprehensive, research, land-grant institution serving students and the people of Kansas, the nation, and the world.
CEO/Executive Director/Board Chair Statement "At the KSU Foundation, we pursue exceptional outcomes for our donors, our university and our community. We are proud to be a progressive organization, striving to secure K-State's future."- Greg Willems, president and CEO, KSU Foundation
Programs
Description With support from generous donors, the KSUF will match any scholarship commitment of 30,000 minimum with an additional 30,000.  
Category Education, General/Other Student Financial Aid
Population Served US
Program is linked to organization's mssion Yes
Program Frequently Assessed Yes
Examples of Program Success 170 new scholarships created in FY18, 124 in FY17
Executive Director/CEO
Executive Director Greg Willems
Board Chair
Board Chair Stephen Lacy
Board Members
NameAffiliation
John BilbreyRetired, The Hershey Company
Jan BurtonRhino Cubed LLC
Charlie ChandlerIntrust Bank
Dave EverittRetired, John Deere
Sharon EversU.S. Bank
Damon HiningerCoreCivic
Carl IceBNSF
Stephen LacyMeredith Corporation
Charlene LakeAT&T Corporation
Kelly LechtenbergVeterinary & Biomedical Research Center
Sylvia RobinsonIndependent Consultant
Tim TaylorRetired, Phillips 66
Steve TheedeRetired, Yukos Oil Company
Mary VanierGrand Mere Development
Financials
Fiscal Year Start July 01, 2018
Fiscal Year End June 30, 2019
Form 990s
Audit Documents
Foundation Comments
  • FY 2017, 2016, 2015: Financial data reported using the IRS Form 990.
  • Foundation/corporate revenue line item may include contributions from individuals.
Detailed Financials
 
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201720162015
Foundation and
Corporation Contributions
$75,148,362$63,889,752$81,204,205
Government Contributions$0$0$0
Federal------
State------
Local------
Unspecified--$0$0
Individual Contributions------
--$0$0
$9,027,348$2,250,205$3,698,920
Investment Income, Net of Losses$19,543,331($3,180,400)$21,927,370
Membership Dues$1,080,760$907,961$947,030
Special Events$1,303,670$2,329,582$1,197,416
Revenue In-Kind$12,260,637$23,685,158$13,328,414
Other$6,510,067$7,844,163$10,051,039
Expense Allocation
Fiscal Year201720162015
Program Expense$87,221,502$106,648,022$102,696,603
Administration Expense$6,807,357$6,853,264$6,000,137
Fundraising Expense$10,300,907$9,591,512$8,364,021
Payments to Affiliates------
Total Revenue/Total Expenses1.080.801.14
Program Expense/Total Expenses84%87%88%
Fundraising Expense/Contributed Revenue------
Assets and Liabilities
Fiscal Year201720162015
Total Assets$718,675,159$690,002,074$733,780,723
Current Assets$99,528,106$129,986,163$152,717,104
Long-Term Liabilities$33,840,931$31,757,449$31,697,411
Current Liabilities$16,614,290$19,544,127$33,239,959
Total Net Assets$668,219,938$638,700,498$668,843,353
Short-Term Solvency
Fiscal Year201720162015
Current Ratio: Current Assets/Current Liabilities5.996.654.59
Long-Term Solvency
Fiscal Year201720162015
Long-Term Liabilities/Total Assets5%5%4%
Top Funding Sources
Fiscal Year201720162015
Top Funding Source & Dollar Amount -- -- --
Second Highest Funding Source & Dollar Amount -- -- --
Third Highest Funding Source & Dollar Amount -- -- --
Capital Campaign
Currently in a Capital Campaign? Yes
Goal $1,400,000,000.00
Other Documents
Organization Name Kansas State University Foundation
Address 1800 Kimball Ave Ste 200
Manhattan, KS 665023373
Primary Phone (785) 775-2000
CEO/Executive Director Greg Willems
Board Chair Stephen Lacy
Year of Incorporation 1945