Public Charity

Midwestern State University Foundation Inc

Based in Wichita Falls, TX, Midwestern State University Foundation Inc operates as a Public Charity. The organization reported $8.6M in revenue, $4.0M in expenses, $85.1M in total assets for fiscal year 2025. Imperigo tracks 29 reported grant relationships connected to this organization totaling approximately $720K.

EIN: 751101337 Wichita Falls, TX Universities NTEE: B43 Latest filing: 2025
Total Revenue$8.6M
Total Expenses$4.0M
Total Assets$85.1M
Grant Records29
Funding Total$720K
Filing Years2021–2025

Mission

To receive contributions by means of donations, gifts, and bequests and to expend such funds for the advancement of the literary, scientific, and other educational endeavors of Midwestern State University, a tax exempt institution of higher learning.

Where $100 goes at Midwestern State University Foundation Inc

How Midwestern State University Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$78 Programs the work itself
$22 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 $78 for programs

$54
Funding of various special projects of the University
70% of program spending
$24
Awarding scholarships to qualified students on the basis of need and merit
30% 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

Vice Chairman Anthony Inman
Trustee Ar Dillard
Trustee Brian Hooker
Trustee Butch Ford
Trustee Darrell Coleman
Treasurer David Welch

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$411,883 13 grants
General Support
$277,734 13 grants
Religion & Spirituality
$20,000 1 grant
Health & Medicine
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $8.6M $4.0M $85.1M
2024 $6.1M $3.6M $79.9M
2023 $6.7M $3.0M $71.3M
2022 $4.7M $1.9M $64.2M
2021 $1.1M $1.6M $32.5M

Between 2021 and 2025, reported annual revenue grew from $1.1M to $8.6M (+685%), with total assets most recently reported at $85.1M.

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

See the full picture for Midwestern State University Foundation Inc

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