Mission
RECEIVE, ADMINISTER, AND EXPEND FUNDS FOR RELIGIOUS, EDUCATIONAL, CHARITABLE, AND SCIENTIFIC PURPOSES IN CONNECTION WITH PROMOTING AND ASSISTING THE EDUCATIONAL SERVICES OF OLIVET NAZARENE UNIVERSITY.
Public Charity
OLIVET NAZARENE UNIVERSITY FOUNDATION
Based in BOURBONNAIS, IL, OLIVET NAZARENE UNIVERSITY FOUNDATION operates as a Public Charity. The organization reported $12.5M in revenue, $6.1M in expenses, $202.0M in total assets for fiscal year 2025. Imperigo tracks 26 reported grant relationships connected to this organization totaling approximately $1.4M.
EIN: 237063419
BOURBONNAIS, IL
Undergraduate Colleges
NTEE: B42
Latest filing: 2025
Total Revenue$12.5M
Total Expenses$6.1M
Total Assets$202.0M
Grant Records26
Funding Total$1.4M
Filing Years2020–2025
Where $100 goes at Olivet Nazarene University Foundation
How Olivet Nazarene University Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$51
Programs
the work itself
$49
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $51 for programs
$51
Funds provided for education programs, internships, and center student success from endowment earnings and current gifts, including funds for student scholarships at olivet nazarene university
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.
Sample Grants Received
GENERAL SUPPORT
$6,420
PUBLIC, SOCIETAL BENEFIT
$50,000
GENERAL SUPPORT
$24,496
GENERAL SUPPORT
$24,496
EDUCATION
$5,800
Showing up to 5 of 26 total records — full history available with membership.
Officers & Directors
VP INSTITUTIONAL ADVANCEMENT
Dr Brian Allen
PRESIDENT
Dr Gregg Chenoweth
VP OF ACADEMIC AFFAIRS
Dr Stephen Lowe
DIRECTOR
Dr William Slattery
SECRETARY
Mr Barry Huebner
DIRECTOR
Mr Christopher Shride
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $12.5M | $6.1M | $202.0M |
| 2024 | $9.2M | $6.4M | $192.8M |
| 2023 | $8.2M | $6.1M | $193.0M |
| 2021 | $10.5M | $5.7M | $194.9M |
| 2020 | $7.1M | $5.4M | $179.6M |
Between 2020 and 2025, reported annual revenue grew from $7.1M to $12.5M (+77%), with total assets most recently reported at $202.0M.
Interactive year-over-year charts and full filing details available with membership.