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Nonprofit · EIN 23-7088491

THE BLOOMSBURG UNIVERSITY FOUNDATION INC

Tax-exempt · BLOOMSBURG, PA 17815

Financials

$18.9M$9.7M2023$14.1M$13.1M2024
Revenue Expenses · by fiscal year end
Financials of THE BLOOMSBURG UNIVERSITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$14,102,476$13,070,215$1,032,261$116,643,608$16,466,357$100,177,251
June 30, 2024990$18,897,759$9,713,710$9,184,049$111,148,107$16,817,997$94,330,110
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$6,627,902
Program service revenue
$3,049,203
Investment income
$4,417,145
Royalties
$57,005
Net rental income
-$170,801
Net gain from sales of assets
$2,224,163
Other revenue
$8,226

Expenses

Grants and similar amounts paid
$5,408,833
Compensation of officers, directors and key employees
$267,720
Other salaries and wages
$1,847,159
Salaries, compensation and benefits (total)
$2,786,337
Professional fundraising fees
$0
Occupancy
$41,526
Travel
$257,319
Depreciation
$83,400
Program services (functional)
$8,357,150
Management and general (functional)
$2,127,045
Fundraising (functional)
$2,586,020

Balance sheet and other

Total assets, start of year
$111,148,107
Total assets, end of year
$116,643,608
Total liabilities, end of year
$16,466,357
Net assets, end of year
$100,177,251
Land, buildings and equipment
$17,533,516
Publicly traded securities
$84,077,846
Net assets without donor restrictions
$5,018,075
Net assets with donor restrictions
$95,159,176
Gross unrelated business income
-$313,704
Gross receipts
$30,996,966
Employees
78
Volunteers
740
Year formed
1970
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JEROME DVORAKEXECUTIVE DIRECTOR
Officer
40$200,618$61,658
STEPHANIE ULMERVP OF ADVANCEMENT
Highest-paid employee
40$142,990$43,273
JOSEPH NEMETHMAJOR GIFT OFFICER
Highest-paid employee
40$127,827$55,899
STEPHEN JONESCHAIRMAN
Trustee or director, Officer
3$0$0
MICHAEL GILLESPIEVICE CHAIR
Trustee or director, Officer
3$0$0
CRAIG DIEHLTREASURER
Trustee or director, Officer
1$0$0
NICHOLAS GIUFFRECORRESPONDING SECRETARY
Trustee or director, Officer
1$0$0
SUSAN FETTERMANINTERIM SECRETARY
Trustee or director, Officer
1$0$0
HAROLD BAILEYDIRECTOR
Trustee or director
1$0$0
MICHAEL BOGUSKIDIRECTOR
Trustee or director
1$0$0
JULIE BREINERDIRECTOR
Trustee or director
1$0$0
MARIA CANNONDIRECTOR
Trustee or director
2$0$0
RONN CORTDIRECTOR
Trustee or director
2$0$0
JAHRI EVANSDIRECTOR
Trustee or director
1$0$0
SHARON GETTELDIRECTOR
Trustee or director
1$0$0
9 more people on this return
NameTitleHours / weekCompensation
DREW HOSTETTERDIRECTOR
Trustee or director
3$0
JULI MILLERDIRECTOR
Trustee or director
1$0
CHRISTEN MOWADDIRECTOR
Trustee or director
1$0
JOHN MULKADIRECTOR
Trustee or director
1$0
JOEL SHOWALTERDIRECTOR
Trustee or director
1$0
MARC STECKELDIRECTOR
Trustee or director
1$0
JOHN WOLAKDIRECTOR
Trustee or director
2$0
IRVIN WRIGHTDIRECTOR
Trustee or director
1$0
TERRY ZEIGLERDIRECTOR
Trustee or director
3$0
990 for the year ended June 30, 2024: 24 people
NameTitleHours / weekCompensationOther / benefits
JEROME DVORAKEXECUTIVE DIRECTOR
Officer
40$193,828$69,895
STEPHANIE ULMERVP OF ADVANCEMENT
Highest-paid employee
40$133,257$48,469
JOSEPH NEMETHMAJOR GIFT OFFICER
Highest-paid employee
40$117,495$61,458
STEPHEN JONESCHAIRMAN
Trustee or director, Officer
3$0$0
MICHAEL GILLESPIEVICE CHAIR
Trustee or director, Officer
3$0$0
CRAIG DIEHLTREASURER
Trustee or director, Officer
1$0$0
NICHOLAS GIUFFRECORRESPONDING SECRETARY
Trustee or director, Officer
1$0$0
SUSAN FETTERMANINTERIM SECRETARY
Trustee or director, Officer
1$0$0
HAROLD BAILEYDIRECTOR
Trustee or director
1$0$0
MICHAEL BOGUSKIDIRECTOR
Trustee or director
1$0$0
JULIE BREINERDIRECTOR
Trustee or director
1$0$0
MARIA CANNONDIRECTOR
Trustee or director
2$0$0
RONN CORTDIRECTOR
Trustee or director
2$0$0
JAHRI EVANSDIRECTOR
Trustee or director
1$0$0
SHARON GETTELDIRECTOR
Trustee or director
1$0$0
DREW HOSTETTERDIRECTOR
Trustee or director
3$0$0
JULI MILLERDIRECTOR
Trustee or director
1$0$0
CHRISTEN MOWADDIRECTOR
Trustee or director
1$0$0
JOHN MULKADIRECTOR
Trustee or director
1$0$0
JOEL SHOWALTERDIRECTOR
Trustee or director
1$0$0
MARC STECKELDIRECTOR
Trustee or director
1$0$0
JOHN WOLAKDIRECTOR
Trustee or director
2$0$0
IRVIN WRIGHTDIRECTOR
Trustee or director
1$0$0
TERRY ZEIGLERDIRECTOR
Trustee or director
3$0$0

Address and contacts

Address (IRS master file)
50 E MAIN ST, BLOOMSBURG, PA 17815-1805
In care of
% DEVELOPMENT CTR BLOOMSBURG UNIV
Principal officer (990 for 2024)
JEROME DVORAK, 50 EAST MAIN STREET 4TH FLOOR, BLOOMSBURG, PA 17815
Signed the 990
JEROME DVORAK, EXECUTIVE DIRECTOR
Phone
(570) 389-4995
Return prepared by
MCKONLY & ASBURY LLP

Mission

THE BLOOMSBURG UNIVERSITY FOUNDATION, INC. INSPIRES AND STEWARDS PHILANTHROPY AND OTHER REVENUE GROWTH IN SUPPORT OF COMMONWEALTH UNIVERSITY.

990 for the year ended June 30, 2025

Program accomplishments

  • ACADEMIC PROJECTS - FUNDING PROVIDED BY THE BUF SUPPORTS A NUMBER OF ACADEMIC PROGRAMS THAT ENHANCE THE EDUCATIONAL EXPERIENCE FOR CU STUDENTS. PROJECTS FUNDED BY THE BUF COVER AREAS THAT INCLUDE, BUT ARE NOT LIMITED TO: ACADEMIC AND ATHLETIC PROGRAMS, ADVANCEMENT AND DEVELOPMENT, TRAVEL, PUBLIC SERVICE, EXTERNAL RELATIONS, ARTWORK AND RESEARCH. THESE PROGRAMS SERVE AS THE FOUNDATION OF THE PRINCIPAL RESOURCES FOR CU FACULTY, STAFF AND STUDENTS. THEY SUPPORT THE UNIVERSITY'S EFFORTS TO EXPAND PROFESSIONAL DEVELOPMENT AND EXPERIENTIAL LEARNING OPPORTUNITIES THAT OCCUR BEYOND THE CLASSROOM SETTING AND ARE VITAL IN PREPARING CU STUDENTS TO ENTER A COMPETITIVE WORKFORCE.
    Expenses $3,214,421 · grants $2,320,659 · revenue $3,192,106
  • GRANTS & SCHOLARSHIPS - THE BLOOMSBURG UNIVERSITY FOUNDATION (BUF) PROVIDES SCHOLARSHIPS AND AWARDS TO MORE THAN 890 STUDENTS AT COMMONWEALTH UNIVERSITY (CU). THESE SCHOLARSHIPS PROVIDE RESOURCES TO HELP RECRUIT STUDENTS, REWARD INCOMING FRESHMEN FOR THEIR HARD WORK AND TO RETAIN RETURNING STUDENTS. THIS SUPPORT IS INSTRUMENTAL IN HELPING THE UNIVERSITY REACH ITS GOAL OF PROVIDING A QUALITY EDUCATIONAL EXPERIENCE AT AN AFFORDABLE COST. IT ALLOWS CU TO BE A PREMIER PUBLIC COMPREHENSIVE UNIVERSITY, RECOGNIZED AS A CENTER FOR THINKING, LEARNING AND ACADEMIC EXCELLENCE. IT ALSO HELPS OUR UNIVERSITY TO CONTINUE TO ANTICIPATE AND ADDRESS THE CHANGING NEEDS OF THE COMMONWEALTH AND TO BE A DIVERSE COMMUNITY THAT PRODUCES POSITIVE CHANGE AND ENCOURAGES A CULTURE OF GOOD STEWARDSHIP OF OUR RESOURCES AND THE ENVIRONMENT, DEVELOPING INDIVIDUALS WHO WILL BE CONTRIBUTING CITIZENS.
    Expenses $2,626,060 · grants $1,664,192
  • BLOOMSBURG UNIVERSITY FOUNDATION PROVIDES AFFORDABLE AND COMFORTABLE HOUSING FOR STUDENTS OF COMMONWEALTH UNIVERSITY IN PROPERTIES ADJACENT TO THE UNIVERSITY'S CAMPUS FOR A TOTAL OF 171 BEDS.
    Expenses $2,443,045 · grants $1,423,982
  • THE CALCULATED CURRENT CAMPAIGN COST TO RAISE A DOLLAR AT BUF IS $0.17 WITH A RETURN ON INVESTMENT TO THE UNIVERSITY OF $7.16 PER EVERY DOLLAR.
    Expenses $73,624

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7088491
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1971
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B114)
Assets (IRS master file)
$116,643,608
Income (IRS master file)
$30,996,966

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$14,102,476$13,070,215$116,643,608XML
990-TJune 2025–––IRS
990June 2024$18,897,759$9,713,710$111,148,107XML
990-TJune 2024–––IRS
990June 2023$8,506,291$9,023,204$96,475,293IRS
990-TJune 2023–––IRS
990June 2022–––IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7088491).

Questions about THE BLOOMSBURG UNIVERSITY FOUNDATION INC

What is the EIN of THE BLOOMSBURG UNIVERSITY FOUNDATION INC?
The employer identification number (EIN) of THE BLOOMSBURG UNIVERSITY FOUNDATION INC is 23-7088491.
Is THE BLOOMSBURG UNIVERSITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to THE BLOOMSBURG UNIVERSITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE BLOOMSBURG UNIVERSITY FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of THE BLOOMSBURG UNIVERSITY FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE BLOOMSBURG UNIVERSITY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of THE BLOOMSBURG UNIVERSITY FOUNDATION INC?
The 990 for the year ended June 30, 2025 names JEROME DVORAK.
Who are the officers and directors of THE BLOOMSBURG UNIVERSITY FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 24 people; 3 received compensation from the organization, the highest $200,618 (JEROME DVORAK, EXECUTIVE DIRECTOR).
How much revenue does THE BLOOMSBURG UNIVERSITY FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $14,102,476, expenses of $13,070,215 and total assets of $116,643,608 at year end.

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