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THROUGH IMPACTFUL AND ENGAGED STEWARDSHIP, FUNDRAISING, FINANCIAL MANAGEMENT, AND THOUGHTFUL BOARD LEADERSHIP, THE APPALACHIAN STATE UNIVERSITY FOUNDATION WILL PROVIDE SIGNIFICANT RESOURCES IN SUPPORT OF THE UNIVERSITY'S MISSION AND KEY PRIORITIES.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$32.1M
Program Spending
91%
of total expenses go to program services
Total Contributions
$29.7M
Total Expenses
▼$29.7M
Total Assets
$240.4M
Total Liabilities
▼$11.5M
Net Assets
$228.9M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$2M
Fundraising
▼$118.7K
Tax Year 2023 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $26.6M
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
APPALACHIAN STATE UNIVERSITY56-1176030 | BOONE, NC | $15.3M | Cash | SUPPORT FOR APPALACHIAN STATE UNIVERSITY STUDENT ATHLETE SCHOLARSHIPS AND PROGRAMS. |
APPALACHIAN STATE UNIVERSITY56-1176030 | BOONE, NC | $5.4M | Cash | SUPPORT FOR APPALACHIAN STATE UNIVERSITY PROGRAMS AND STUDENTS. |
APPALACHIAN STATE UNIVERSITY56-1176030 | BOONE, NC | $4.6M | Cash | SUPPORT FOR APPALACHIAN STATE UNIVERSITY SCHOLARSHIPS. |
APPALACHIAN STATE UNIVERSITY56-1176030 | BOONE, NC | $1.3M | Cash | GENERAL SUPPORT |
| Total | $26.6M | |||
BOONE, NC
$15.3M
BOONE, NC
$5.4M
BOONE, NC
$4.6M
BOONE, NC
$1.3M
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $32.1M | $29.7M | $29.7M | $240.4M | $228.9M |
| 2022IRS e-File | $33M | $31M | $26.6M | $216.2M | $208.9M |
| 2021 | $23M | $22.2M | $24.1M | $199.4M | $189.5M |
| 2020 | $18.4M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| William Sears | Acting President (as Of 6/30/2024) | 30 | $0 | $180.6K | $63.8K | $244.4K |
| Clayton Christian | Assistant Vice Chancellor | 30 | $0 | $134.4K | $42.8K | $177.2K |
| Cantey Alexander | Board Chair | 3 | $0 | $0 | $0 | $0 |
| Carolyn Schmalenberger | Board Vice Chair | 3 | $0 | $0 | $0 | $0 |
| Chad Seigler | Board Secretary | 3 | $0 | $0 | $0 | $0 |
| Phillip Ostwalt | Board Treasurer | 3 | $0 | $0 | $0 | $0 |
William Sears
Acting President (as Of 6/30/2024)
$244.4K
Hrs/Wk
30
Compensation
$0
Related Orgs
$180.6K
Other
$63.8K
Clayton Christian
Assistant Vice Chancellor
$177.2K
Hrs/Wk
30
Compensation
$0
Related Orgs
$134.4K
Other
$42.8K
Cantey Alexander
Board Chair
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Carolyn Schmalenberger
Board Vice Chair
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Chad Seigler
Board Secretary
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Phillip Ostwalt
Board Treasurer
$0
Hrs/Wk
3
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Stephanie Billings | Executive Director Of Alumni Affairs | 30 | $0 | $169.5K | $54K | $223.5K |
| Harold Swaim | Executive Director Of Donor Engagement | 30 | $0 | $136.4K | $18.7K | $155.1K |
| Kyle Allen | Gift Office, Wcob | 30 | $0 | $131.7K |
Stephanie Billings
Executive Director Of Alumni Affairs
$223.5K
Hrs/Wk
30
Compensation
$0
Related Orgs
$169.5K
Other
$54K
Harold Swaim
Executive Director Of Donor Engagement
$155.1K
Hrs/Wk
30
Compensation
$0
Related Orgs
$136.4K
Other
$18.7K
Kyle Allen
Gift Office, Wcob
$154K
Hrs/Wk
30
Compensation
$0
Related Orgs
$131.7K
Other
$22.3K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Bo Henderson | Board Member | 1 | $0 | $0 | $0 | $0 |
| Dan Layzell | Board Member | 1 | $0 | $336.1K | $98.5K | $434.6K |
| David Williams | Board Member | 1 | $0 | $0 | $0 | $0 |
| Dennis Covington | Board Member | 1 | $0 | $0 | $0 | $0 |
| Donna Fiori | Board Member | 1 | $0 |
Bo Henderson
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Dan Layzell
Board Member
$434.6K
Hrs/Wk
1
Compensation
$0
Related Orgs
$336.1K
Other
$98.5K
David Williams
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Individuals who previously served as officers or key employees.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Jane Barghothi | Former President | 1 | $0 | $310.5K | $84K | $394.5K |
Jane Barghothi
Former President
$394.5K
Hrs/Wk
1
Compensation
$0
Related Orgs
$310.5K
Other
$84K
| $19.5M |
| $17.6M |
| $159.4M |
| $148.9M |
| 2019 | $17.6M | $18.6M | $16.1M | $163.3M | $155.8M |
| 2018 | $28.2M | $28.1M | $18.9M | $156.5M | $147.9M |
| 2017 | $13M | $12.2M | $13.3M | $137.3M | $130.2M |
| 2016 | $12.8M | $11.9M | $14M | $129.5M | $123.1M |
| 2015 | $30.3M | $21.9M | $13.5M | $131.9M | $125.4M |
| 2014 | $19.5M | $17M | $12.5M | $122.5M | $115.1M |
| 2013 | $14.9M | $12.7M | $18.1M | $109.7M | $101.9M |
| 2012 | $23.1M | $20.3M | $12.9M | $106.4M | $102.1M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | — |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| $22.3K |
| $154K |
| $0 |
| $0 |
| $0 |
| Heather Norris | Board Member | 1 | $0 | $330.6K | $14.1K | $344.7K |
| Irene Sawyer | Board Member | 1 | $0 | $0 | $0 | $0 |
| James Reaves | Board Member | 1 | $0 | $0 | $0 | $0 |
| Jamie Harris | Board Member | 1 | $0 | $0 | $0 | $0 |
| Jeannine Underdown Collins | Board Member | 1 | $0 | $0 | $0 | $0 |
| Kyler Ferguson | Board Member | 1 | $0 | $0 | $0 | $0 |
| Mark Ricks | Board Member | 1 | $0 | $0 | $0 | $0 |
| Sam Powers | Board Member | 1 | $0 | $0 | $0 | $0 |
| Sheri Everts | Board Member | 1 | $0 | $455.9K | $32.8K | $488.8K |
| Steve Wyatt | Board Member | 1 | $0 | $0 | $0 | $0 |
| Wyatt Dixon | Board Member | 1 | $0 | $0 | $0 | $0 |
Dennis Covington
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Donna Fiori
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Heather Norris
Board Member
$344.7K
Hrs/Wk
1
Compensation
$0
Related Orgs
$330.6K
Other
$14.1K
Irene Sawyer
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
James Reaves
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jamie Harris
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jeannine Underdown Collins
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kyler Ferguson
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mark Ricks
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Sam Powers
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Sheri Everts
Board Member
$488.8K
Hrs/Wk
1
Compensation
$0
Related Orgs
$455.9K
Other
$32.8K
Steve Wyatt
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Wyatt Dixon
Board Member
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0