Emporia State University Foundation

Overview

The Emporia State University Foundation is a nonprofit organization founded in 1952 as a 501(c)(3) corporation. It is a separately administered organization and a component unit of Emporia State University and the State of Kansas. The foundation's primary role is to raise, receive, manage, invest, distribute, and steward private resources in support of the university's mission. This includes enhancing teaching, research, public service, and scholarship at Emporia State University.

Purpose and Activities

The foundation focuses on providing a wide range of support to Emporia State University. Key activities include:

• Scholarships and Financial Support: The foundation offers scholarships to students, aiming to make education more accessible and affordable.
• Program and Project Support: It supports various academic and student-life initiatives, including new construction projects such as the nursing and student wellness building.
• Strategic Initiatives: The foundation aligns its investments with Emporia State University's strategic plans, contributing significantly to the university's transformation and growth.

Financial Operations

The Emporia State University Foundation relies primarily on donor contributions. In recent years, it has delivered substantial financial resources to the university. For instance, in fiscal year 2022, the foundation provided $6.8 million in support, more than double the amount it provided a decade earlier. The foundation also engages in investment activities, leveraging its resources to maximize financial returns and enhance the university's mission.

Governance and Structure

The foundation operates under a governing board that manages its financial and strategic activities. It offers a comprehensive, free estate planning service, enabling donors to make long-term commitments to Emporia State University. The foundation provides various ways to give, including cash gifts, real estate, IRA assets, and memorial gifts.

Impact

The Emporia State University Foundation plays a vital role in empowering students and enhancing their educational experiences. Its contributions facilitate student success initiatives, recruitment and retention programs, and construction projects, positioning Emporia State University as a vibrant and forward-thinking institution in Kansas.

Recent Developments

In line with Emporia State University's strategic transformation, the foundation committed an additional $3 million over three years to support the university's new initiatives and programs. This investment reflects the foundation's commitment to ensuring that the university remains a leader in education, providing students with a competitive advantage in their future careers.

By fostering strong relationships with donors, alumni, and friends of the university, the Emporia State University Foundation continues to drive positive change, aligning its efforts with the evolving needs of the institution and its students.

[1] https://www.emporia.edu/news/may-2023-foundation-support/ [2] https://www.emporia.edu/documents/3388/Emporia_State_University_Foundation_Inc._Report_FYE_06302023.pdf [3] https://www.emporia.edu/foundation-giving/ways-give/ [4] https://www.emporia.edu/foundation-giving/ [5] https://www.privateequityinternational.com/institution-profiles/emporia-state-university-foundation.html