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FERRIS FOUNDATION

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Public IRS 990 nonprofit record

FERRIS FOUNDATION

EIN 38-6115813 · Named Trusts N.E.C. (T90)

What they do

THE FOUNDATION WAS ESTABLISHED to ADVANCE THE MISSION and GOALS of FERRIS STATE UNIVERSITY BY GENERATING and MANAGING PRIVATE SUPPORT for THE UNIVERSITY.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $97.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders36 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

88.37%of revenue went to mission work97.0% of expenses · Program services
0.11%of revenue went to fundraising0.1% of expenses
$91.07spent for every $100 of revenueRevenue covered expenses this year.
2.60%of revenue went to management and office costs2.9% of expenses
$11.82in assets for every $1 spent this yearSome assets cannot be spent right away.
46.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $49,928 for DR DAVID PILGRIM (BOARD MEMBER/PROFESSOR OF). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$12,550,062
Mission workProgram services$11,090,72288.37% of revenue97.0% of expenses
ManagementOffice and general costs$325,8632.60% of revenue2.9% of expenses
FundraisingAsking for donations$13,2000.11% of revenue0.1% of expenses
Revenue left after expensesReported annual surplus$1,120,2778.93% of revenueShown in gray on the chart
Total expenses$11,429,78591.07% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 97.0% mission · 2.9% management · 0.1% fundraisingTotal expenses: 91.07% of revenue
2023Expense mix: 93.3% mission · 5.6% management · 1.2% fundraisingTotal expenses: 77.42% of revenue
2022Expense mix: 91.9% mission · 6.2% management · 1.9% fundraisingTotal expenses: 85.87% of revenue
2021Expense mix: 92.1% mission · 5.6% management · 2.3% fundraisingTotal expenses: 61.38% of revenue
2020Expense mix: 90.9% mission · 5.3% management · 3.7% fundraisingTotal expenses: 58.51% of revenue
2019Expense mix: 94.1% mission · 3.4% management · 2.5% fundraisingTotal expenses: 88.05% of revenue
2018Expense mix: 90.2% mission · 4.9% management · 4.9% fundraisingTotal expenses: 37.17% of revenue
2017Expense mix: 92.5% mission · 4.4% management · 3.1% fundraisingTotal expenses: 41.93% of revenue

Money in and money out

Revenue$12,550,062
Expenses$11,429,785
Annual surplus $1,120,277 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$11,090,722 · 97.0% of expenses
Management and office costs$325,863 · 2.9% of expenses
Fundraising$13,200 · 0.1% of expenses
See all reported dollar amounts
Revenue$12,550,062
Expenses$11,429,785
Assets$135,070,689
Income$19,121,088
Contributions$5,793,762
Mission work (program services)$11,090,722
Fundraising$13,200
Grants given$51,242,958
Average grant$6,405,370
Management and general$325,863
Stocks and bonds$17,962,232
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
DR DAVID PILGRIMBOARD MEMBER/PROFESSOR OF $49,928Base · Other $49,928
DR BILL PINKPRESIDENT, FERRIS STATE UN $47,849Base · Other $47,849
SUSAN JONESBOARD MEMBER/PROFESSOR OF $42,337Base · Other $42,337
KATHY MULLINSEXECUTIVE BOARD/VP OF ADVA $41,048Base · Other $41,048
AMANDA MATHESONTREASURER · 1 hrs/week $34,320Base · Other $34,320
JENNIFER TODDEXECUTIVE DIRECTOR · 20 hrs/week $1,250Base · Other $1,250

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (36)

DR DAVID PILGRIMBOARD MEMBER/PROFESSOR OF

DR BILL PINKPRESIDENT, FERRIS STATE UN

SUSAN JONESBOARD MEMBER/PROFESSOR OF

KATHY MULLINSEXECUTIVE BOARD/VP OF ADVA

AMANDA MATHESONTREASURER

JENNIFER TODDEXECUTIVE DIRECTOR

ARLEN-DEAN GADDYBOARD MEMBER

ANDREW KALINOWSKIBOARD MEMBER

SHANE NAPPERBOARD MEMBER

SARAH CHADWICKBOARD MEMBER

RUSSELL VISNERBOARD MEMBER/PART-YEAR

RICHARD SHAWBOARD MEMBER

PAUL DOYLEBOARD MEMBER

MICHAEL J VAN DIEPENBOSBOARD MEMBER

MATTHEW NAWROCKIBOARD MEMBER

MATTHEW BISSETTBOARD MEMBER

LINDA HOOKBOARD MEMBER

LAURIE PLACINCKISECRETARY

KURT HOFMANBOARD MEMBER/PART-YEAR

KEVIN SIMONBOARD MEMBER

KENNETH BAILEYBOARD MEMBER

DENISE GRAVESBOARD MEMBER

JEREMY AMSHEYBOARD MEMBER

JENNIFER WHEELERBOARD MEMBER

CHRISTINE VISNERBOARD MEMBER/PART-YEAR

JENIFER CUTTERCHAIR

HOWARD C STROSSBOARD MEMBER

GARY GRANGERBOARD MEMBER/PART-YEAR

EMILY HANCOCKBOARD MEMBER

DR THOMAS P SCHOLLERBOARD MEMBER

DR JOHN ENGELMAN IIBOARD MEMBER

DR JEAN K ELDERBOARD MEMBER

DARIUS QUINNBOARD MEMBER

DR DANA KINGBOARD MEMBER

DAVE NEITZERBOARD MEMBER

DR ALTON SMITHBOARD MEMBER

About this charity

Recognized since
January 1966
Location
420 OAK STREET PRAKKEN 101, BIG RAPIDS, MI 49307-2000
County
Mecosta
In care of
CASSIE TENNANT
Primary officer
CASSIE TENNANT, AVP OF FINANCE

How to reach them

WebsiteVisit the charity’s website EmailITSC@Ferris.edu Phone(231) 591-2365

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
PLANTE & MORAN PLLC
NTEE classification
Named Trusts N.E.C. (T90)
IRS tax category
Named Trusts N.E.C.
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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