Southern Illinois University Edwardsville Foundation

Nonprofit profile at a glance

EIN
371019805
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Edwardsville, IL, USA
Phone
6186502345
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
University or Technological Institute

Official website

Reported finances

Revenue
$10,871,933
Expenses
$6,637,121
Assets
$70,905,283
Liabilities
$678,786

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

30 people listed

Executive titles in this filing

  • DR DANIEL MAHONY (SIU SYSTEM PRESIDENT)
  • CONNIE COLLINS (CEO, SIUE FOUNDATION)
  • MAGGIE KRUMWIEDETHRU 63025 (EX OFFICIO - ALUMNI ASSOCIATION BOARD PRESIDENT)

Highest reported compensation

  • DR DANIEL MAHONY (SIU SYSTEM PRESIDENT): $705,367 total reported compensation
  • DR JAMES T MINOR (SIUE CHANCELLOR): $386,891 total reported compensation
  • CONNIE COLLINS (CEO, SIUE FOUNDATION): $244,631 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The siue foundation exists to support the mission, vision, and values of southern Illinois university edwardsville. On behalf of the university, the foundation provides fundraising coordination and implementation, serves as the steward for contributions, produces donor receipts, conducts the decentralized annual fund drive programs, and upholds the highest standards of fiscal responsibility and investment management. These efforts are conducted in relation to the donors' expressed wishes as well as the instructional scholarship, and public services pursuits of the university.

What it reported doing in 2024

Siue student scholarships: scholarships and awards for students of siue : in fiscal year 2025, the siue foundation provided over $1,790,000 in scholarships and awards to almost 800 outstanding students. The siue foundation provides funding for scholarships and awards benefitting deserving siue students in support of their efforts to attain a quality education enabling them to launch their personal vision and provide a solid professional foundation to build upon during their lifetime. Through scholarship procedures established in each college, school, department, or unit, student applicants are evaluated using specific criteria for the particular scholarship or award established by the donor of the funds awarded.

Operating model

Revenue model
Donor-supported. 75% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 63% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 60
  • Accountability: 90
  • Sustainability: 89
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.5%; rating input score 67
  • Program expense ratio: 79.9%; rating input score 80
  • Fundraising efficiency: $13.18 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 99.8%; rating input score 100; 37th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 83.3%; rating input score 83; 17th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 39%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 10.68; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 93; 93rd percentile among comparable filings
  • Officer compensation ratio: 3%; rating input score 68; 68th percentile among comparable filings

Growth

  • Program expense growth: 7.3% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: 5.5% per year; rating input score 100; 48th percentile among comparable filings
  • Asset growth: 5.3% per year; rating input score 100; 38th percentile among comparable filings

Details

  • Where the money goes: 67.5% of revenue deployed · 79.9% of spending went to programs
  • Governance: 20 of 24 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $5.3M in reported program spending
  • Leadership: top reported pay $705K · 30 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $234K reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 10 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 5 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.