Public Charity

SHIPPENSBURG UNIVERSITY FOUNDATION

SHIPPENSBURG UNIVERSITY FOUNDATION, of Shippensburg, PA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $24.0M in revenue, $10.4M in expenses, $115.1M in total assets. 82 publicly reported grants to this organization, totaling roughly $3.1M, appear in IRS filings.

EIN: 232046093 Shippensburg, PA Latest filing: 2025
Total Revenue$24.0M
Total Expenses$10.4M
Total Assets$115.1M
Grant Records82
Funding Total$3.1M
Filing Years2021–2025

Mission

The Shippensburg University Foundation secures funds for the benefit of the students and programs of Shippensburg University. The SU Foundation secures annual and capital support for, but not limited to, scholarships, student and faculty research, cultural programming, equipment, facilities and other University priorities. The SU Foundation also manages endowed funds, provides quality off-campus student housing and operates an on-campus child and family center.

Sample Grants Received

$162,600
2024
For grant recipient's exempt purposes
$137,000
2024
TO PROVIDE MENTAL HEALTH AWARENESS AND RESOURCES FOR SHIPPENSBURG AREA SCHOOL DISTRICT YOUTH.
$60,000
2024
SCHOLARSHIPS
$40,000
2024
CHARITABLE DONATION
$32,883

Showing up to 5 of 82 total records — full history available with membership.

Officers & Directors

Director Dr Craig J Loundas
Director Dr Dena Stoner
Director Dr Donald F Mayer Jr
Secretary, President & CEO Dr Leslie Folmer Clinton
Director Mr Alston M Ellis
Director Mr Brian R Carosielli

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$1,090,796 9 grants
EDUCATION
$493,800 12 grants
ENDOWMENT - SHIPPENSBURG STATE ENDOWMENT
$300,000 1 grant
SCHOLARSHIPS
$220,000 6 grants
MATCHING GIFTS
$175,803 7 grants

Financial Trends

Year Revenue Expenses Assets
2025 $24.0M $10.4M $115.1M
2024 $14.1M $10.0M $105.1M
2023 $16.0M $9.4M $93.9M
2022 $14.2M $8.8M $82.0M
2021 $11.6M $10.2M $91.4M

Between 2021 and 2025, reported annual revenue grew from $11.6M to $24.0M (+108%), with total assets most recently reported at $115.1M.

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

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