Columbus State University Foundation Inc

EIN: 586043198 501(c)(3) Education

Columbus, GA

Total Revenue
$31,799,970
Total Expenses
$11,457,914
Total Assets
$145,681,491
Net Assets
$142,374,093
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
GA
Principal Officer
Tim Money
Phone
7065653640
Tax Period
2024-08-01 to 2025-07-31

Columbus State University Foundation Inc, founded in 1964, is a mid-sized nonprofit in the Education sector that reported $31.8M in total revenue in fiscal year 2024. Revenue surged 156% from the prior year, signaling strong growth momentum. The organization ran a surplus of $20.3M, a strong 64% operating margin.

Mission

The Columbus State University Foundation supports educational excellence and the expansion of educational opportunities at Columbus State University. The Foundation attracts, receives, invests, manages, and expends gifts and other resources designated for the advancement of the University. The Trustees of this Foundation will be effective advocates for and supporters of the mission of CSU.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,725,143
Program Service Revenue $136,970
Investment Income $24,381,731
Other Revenue $556,126
TOTAL REVENUE $31,799,970

Expense Breakdown

Grants Paid $3,074,400
Salaries & Benefits $146,404
Fundraising Expenses $336,641
Program Expenses $9,650,831
Other Expenses $8,237,110
TOTAL EXPENSES $11,457,914

Year-over-Year Comparison

2024 2023 Change
Revenue $31,799,970 $12,398,498 +1.6%
Expenses $11,457,914 $9,670,019 +0.2%
Net Income $20,342,056 $2,728,479 +6.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
28
Independent Members
28
Employees
1
Volunteers
44

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
28
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Teddie Ussery Immediate Past Chair 1.00
Officer Director
$0 $0 $0
Tim Money Chair 1.00
Officer Director
$0 $0 $0
Emory Alexander M D Trustee 1.00
Director
$0 $0 $0
Stuart Rayfield Member at Large 1.00
Director
$0 $0 $0
Lula Huff Secretary 1.00
Officer Director
$0 $0 $0
Wade Burford Trustee 1.00
Director
$0 $0 $0
Steve Butler Trustee 1.00
Director
$0 $0 $0
Jay Alexander Trustee 1.00
Director
$0 $0 $0
Nancy Buntin Trustee 1.00
Director
$0 $0 $0
Janet Davis Trustee 1.00
Director
$0 $0 $0
Nora Garrard Trustee 1.00
Director
$0 $0 $0
David Hart Trustee 1.00
Director
$0 $0 $0
Mark Hudson Trustee 1.00
Director
$0 $0 $0
Jack Key Trustee 1.00
Director
$0 $0 $0
Dian Naman Trustee 1.00
Director
$0 $0 $0
Allen Pettis Trustee 1.00
Director
$0 $0 $0
Lynne Phillips Trustee 1.00
Director
$0 $0 $0
Alan Rothschild Trustee 1.00
Director
$0 $0 $0
Gwen Ruff Trustee 1.00
Director
$0 $0 $0
Frank Schley Trustee 1.00
Director
$0 $0 $0
Todd Schuster Treasurer 1.00
Officer Director
$0 $0 $0
John Shinkle Trustee 1.00
Director
$0 $0 $0
Pam Siddall Trustee 1.00
Director
$0 $0 $0
Richard Smith Trustee 1.00
Director
$0 $0 $0
Brad Turner Trustee 1.00
Director
$0 $0 $0
Sherry Wade Trustee 1.00
Director
$0 $0 $0
Will White Chair Elect 1.00
Director
$0 $0 $0
Chris Woodruff Trustee 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $31,799,970 $11,457,914 $145,681,491 $20,342,056
2024 $12,398,498 $9,670,019 $140,239,586 $2,728,479
2023 $10,467,549 $9,451,410 $130,558,391 $1,016,139
2022 $11,850,994 $8,073,801 $126,538,979 $3,777,193
2021 $13,332,092 $5,802,178 $135,224,676 $7,529,914
2020 $8,161,177 $7,499,614 $118,031,523 $661,563
2019 $13,365,486 $7,358,275 $124,684,581 $6,007,211
2018 $12,164,063 $7,616,639 $126,493,469 $4,547,424
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