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 23 reported grant relationships connected to this organization totaling approximately $1.4M.

EIN: 237063419 BOURBONNAIS, IL Latest filing: 2025
Total Revenue$12.5M
Total Expenses$6.1M
Total Assets$202.0M
Grant Records23
Funding Total$1.4M
Filing Years2020–2025

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.

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

For grant recipient's exempt purposes
$735,500 5 grants
EDUCATION
$410,900 7 grants
RELIGION
$100,000 1 grant
GENERAL SUPPORT
$78,478 5 grants
PUBLIC, SOCIETAL BENEFIT
$50,000 1 grant

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.

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