Mission
TO BENEFIT MIDWESTERN UNIVERSITY BY PROVIDING FUNDING FOR PRIVATE LOANS TO STUDENTS OF THE UNIVERSITY.
Public Charity
MIDWESTERN UNIVERSITY FOUNDATION
Based in Downers Grove, IL, MIDWESTERN UNIVERSITY FOUNDATION operates as a Public Charity. The organization reported $4.3M in revenue, $2.5M in expenses, $108.7M in total assets for fiscal year 2025.
EIN: 363955804
Downers Grove, IL
Latest filing: 2025
Total Revenue$4.3M
Total Expenses$2.5M
Total Assets$108.7M
Grant Records0
Filing Years2021–2025
Where $100 goes at Midwestern University Foundation
How Midwestern University Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$93
Programs
the work itself
$7
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 $93 for programs
$93
Midwestern University Foundation provided funding for federally guaranteed loans for students of the University under the Federal Family Education Loan (FFEL) Program
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
Gregory J Gaus
VICE PRESIDENT, FINANCE
Gregory L O'coyne Cpa
Director
Janet R Bolton
VICE CHAIRPERSON/DIRECTOR
Jean L Baxter Jd
SVP & CHIEF ACADEMIC OFFICER / INTERIM PRESIDENT, CEO, & DIRECTOR (BEG MAY 2025)
Joshua C Baker Ms
PRESIDENT, CEO, DIRECTOR, RETIRED MAY 19, 2025
Kathleen H Goeppinger Phd
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.3M | $2.5M | $108.7M |
| 2024 | $4.3M | $2.7M | $87.4M |
| 2023 | $3.8M | $3.1M | $88.7M |
| 2022 | $2.3M | $3.1M | $93.6M |
| 2021 | $1.1M | $2.4M | $61.1M |
Between 2021 and 2025, reported annual revenue grew from $1.1M to $4.3M (+281%), with total assets most recently reported at $108.7M.
Interactive year-over-year charts and full filing details available with membership.