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WAYNE STATE UNIVERSITY FOUNDATION

WAYNE STATE UNIVERSITY FOUNDATION

DETROIT, MI, US
•
501(c)(3)
•
EIN
38-3555142
•
HTTPS://PIVOTALMOMENTS.WAYNE.EDU/ABOUT/FOUNDATION
•
School
Regional Funder
•
Subordinate Organization
funder logo

WAYNE STATE UNIVERSITY FOUNDATION

DETROIT, MI, US
•
501(c)(3)
•
EIN
38-3555142
•
HTTPS://PIVOTALMOMENTS.WAYNE.EDU/ABOUT/FOUNDATION
•
School
Regional Funder
•
Subordinate Organization
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$21,711,369

Other
87%
Investments
13%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$26,385,001

Grants
75%
Other
19%
Fees to Service Providers
6%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$1,757,730
$2,746,834
+56%
Other
$7,578,020
$18,964,535
+150%
Total Revenues
$9,335,750
$21,711,369
+133%
Expenses
2023
2024
Change
Grants
$18,747,036
$19,912,528
+6%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$780,399
$1,482,185
+90%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$4,653,652
$4,990,288
+7%
Total Expenses
$24,181,087
$26,385,001
+9%
Net income
2023
2024
Change
Net income
-$14,845,337
-$4,673,632
+69%
Functional Expenses
Summary
2023
2024
Change
Program
$18,747,036
$19,912,528
+6%
Admin
$780,399
$1,482,185
+90%
Fundraising
$4,653,652
$4,990,288
+7%
Total Expenses
$24,181,087
$26,385,001
+9%
Income Statement
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