Public Charity

FITCHBURG STATE UNIVERSITY FOUNDATION INC

FITCHBURG STATE UNIVERSITY FOUNDATION INC is a Public Charity headquartered in FITCHBURG, MA. Financial data from the 2025 filing: $4.6M revenue, $1.8M expenses, $40.1M total assets. 38 publicly reported grants to this organization, totaling roughly $2.3M, appear in IRS filings.

EIN: 042661048 FITCHBURG, MA Undergraduate Colleges NTEE: B42 Latest filing: 2025
Total Revenue$4.6M
Total Expenses$1.8M
Total Assets$40.1M
Grant Records38
Funding Total$2.3M
Filing Years2021–2025

Mission

To support the educational endeavor of Fitchburg State University

Where $100 goes at Fitchburg State University Foundation Inc

How Fitchburg State University Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$91 Programs the work itself
$7 Management running the organization
$2 Fundraising raising the next dollar

Inside the $91 for programs

$54
Support the education endeavors of FSU
59% of program spending
$34
Support of academic departments
38% of program spending
$3
Alumni Events and Cultural Programs
3% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Anna M Clementi
Treasurer Audit Chair Anthony J Mercadante
Director Barbara Mahoney
Professor Charles Sides
Director Donata Martin
President Donna Hodge

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$1,351,836 21 grants
General Support
$587,604 15 grants
Research & Policy
$350,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $4.6M $1.8M $40.1M
2024 $4.3M $1.8M $36.3M
2023 $4.3M $1.5M $31.3M
2022 $3.8M $1.3M $26.8M
2021 $3.6M $1.1M $30.6M

Between 2021 and 2025, reported annual revenue grew from $3.6M to $4.6M (+29%), with total assets most recently reported at $40.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FITCHBURG STATE UNIVERSITY FOUNDATION INC

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