Educational Institutions

Oklahoma State University Foundation

  • Stillwater, OK
  • www.OSUgiving.com

Mission Statement

Uniting donor and university passions and priorities to achieve excellence.

Main Programs

  1. OSU Foundation Programs
Service Areas

Self-reported

International

State of Oklahoma and all around the world.

ruling year

1963

Principal Officer since 2003

Self-reported

Mr. Kirk Jewell

Keywords

Self-reported

Oklahoma State University, OSU, foundation, funds, fundraising, branding success

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EIN

73-6097060

 Number

4009363049

Also Known As

OSU Foundation

Contact

Cause Area (NTEE Code)

Higher Education Institutions (B40)

Single Organization Support (B11)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

With Branding Success, Oklahoma State University isaccelerating toward breakthroughs critically important to Oklahoma and the world. This billion-dollar campaign will: *Secure an unprecedented level of student scholarship support, inviting every able student to dream big, work hard and exceed expectations through life-changing opportunities. *More than double the number of endowed professorships and chairs, securing OSU's ability to retain and recruit the world's prized faculty and teachers. *Equip students and faculty with advanced facilities essential to community-building and discovery in the 21st century, including an updated, expanded home for the Spears School of Business and an improved, renovated Student Union. *Invest in academic excellence with innovative, interdisciplinary programs that make the most of OSU's considerable strengths. On April 24, 2013, OSU surpassed its $1 billion campaign nearly two years ahead of schedule. However, with a number of priority projects still to be funded, Branding Success: The Campaign for Oklahoma State University will continue through its scheduled completion date of Dec. 31, 2014. On April 1, 2013, OSU surpassed its $1 billion campaign nearly two years ahead of schedule. However, with a number of priority projects still to be funded, Branding Success: The Campaign for Oklahoma State University will continue through its scheduled completion date of Dec. 31, 2014.

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

OSU Foundation Programs

The overall mission of the OSU Foundation is to secure and manage private support for Oklahoma State University. The Foundation exists to support the university in its mission to provide its students with exceptional academic experiences, to conduct scholarly research and other creative activities that advance fundamental knowledge, and to disseminate knowledge to the people of Oklahoma and the world.

Category

Education, General/Other

Population(s) Served

General Public/Unspecified

Budget

$97,305,740.00

Service Areas

Self-reported

International

State of Oklahoma and all around the world.

Funding Needs

It is an understatement to say the needs of our students, faculty, facilities and programs are at an all-time high. Even greater - their ability to have immediate impact on our world at this moment is also at an all-time high. State funding continues to decrease, totaling only 25.3% of OSU's annual budget. Students face not only rising tuition, but also increased costs for books, fees, room and board.Average combined income (in Oklahoma) is approximately $41,000.A historic number of OSU students are applying forfinancial aid.Approximately 4,000 current OSU students are receiving no financial support from their families.83% of the OSU student population receives some type of financial assistance.Average student loan debt for undergrads last yearexceeded $19,000, exceeding $21,000 for nonresident undergraduates.OSU students received in excess of $221 million infinancial aid, grants and loans last year.Federal and state aid comprised 32% of all dollarsawarded.Institutional aid comprised 58% of all dollars awarded.Student and parent loans comprised 43% of all dollars awarded.Community college's relative lower cost has forcedfamilies to make college choices based on cost rather than value. The support of our private donors is greatly needed and greatly appreciated.

External Reviews

Source: greatnonprofits.org

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

OKLAHOMA STATE UNIVERSITY FOUNDATION
Fiscal year: Jul 01-Jun 30
Yes, financials were audited by an independent accountant.

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Operations

The people, governance practices, and partners that make the organization tick.

Oklahoma State University Foundation

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2014, 2013 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
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Principal Officer

Mr. Kirk Jewell

BIO

Kirk A. Jewell, chief executive officer of the Foundation directs the organization's operation under the policies established by a 27-member Board of Trustees. Chosen because of their professional expertise and support of the University, the Trustees occupy a fiduciary relationship with the corporation. The Trustees are elected for three-year terms and serve without compensation.

STATEMENT FROM THE Principal Officer

"What an incredible, transformational time it is at OSU!We are very excited about "Branding Success, The Campaign For Oklahoma State University." This is the perfect time for you to find your passion at OSU and invest in it.""Uniting donor and university passions and priorities to achieve excellence""This is our mission statement. It belongs to all of the men and women who work at Oklahoma State University Foundation and to our Trustees and Governors.We believe when a person invests in their passion(s) and are able to see the results, it is an incredibly rewarding experience.What is your passion? Science? The Arts? Entrepreneurship? OSU has world-class programs in which you can invest to create impact. Do scholarships interest you . . . helping young people achieve their potential? We have needs and opportunities to help quality students every day.It is my hope that we can help you find your passion at OSU in a way that creates excitement when you support the educational priorities at Oklahoma State University. This is our goal.Welcome to the possibilities you will uncover as you invest in your passion at Oklahoma State University.Best wishes,Kirk A. JewellPresident and CEO"

Governance

BOARD CHAIR

Mrs Jennifer Grigsby

American Energy Partners

Term: Oct 2013 - Oct 2017

BOARD LEADERSHIP PRACTICES

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization


RESPONSE NOT PROVIDED

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


RESPONSE NOT PROVIDED

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


RESPONSE NOT PROVIDED

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?