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Nonprofit · EIN 34-1316665

CLEVELAND STATE UNIVERSITY FOUNDATION

Tax-exempt · CLEVELAND, OH 44115

Financials

$17.1M$17.3M2022$36.2M$19.3M2023$23.9M$16.1M2024
Revenue Expenses · by fiscal year end
Financials of CLEVELAND STATE UNIVERSITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$23,868,027$16,143,771$7,724,256$181,182,093$12,640,339$168,541,754
June 30, 2024990$36,222,320$19,306,721$16,915,599$164,721,428$12,688,325$152,033,103
June 30, 2023990$17,075,120$17,314,384-$239,264$135,609,002$10,468,972$125,140,030
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$15,437,221
Program service revenue
$73,259
Investment income
$8,318,366
Net gain from sales of assets
$3,541,286
Other revenue
$39,181

Expenses

Grants and similar amounts paid
$14,170,568
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$41,847
Accounting fees
$46,122
Occupancy
$2,528
Travel
$67,092
Program services (functional)
$15,023,386
Management and general (functional)
$927,298
Fundraising (functional)
$193,087

Balance sheet and other

Total assets, start of year
$164,721,428
Total assets, end of year
$181,182,093
Total liabilities, end of year
$12,640,339
Net assets, end of year
$168,541,754
Publicly traded securities
$134,518,113
Net assets without donor restrictions
$3,399,944
Net assets with donor restrictions
$165,141,810
Gross unrelated business income
$182,389
Gross receipts
$40,547,897
Employees
0
Volunteers
37
Year formed
1969
State of legal domicile
OH

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 / weekCompensationFrom related orgsOther / benefits
JULIE REHMEXECUTIVE DIRECTOR
Officer
10$0$283,866$39,959
KAREN WHITECHAIR
Trustee or director, Officer
10$0$0$0
MICHAEL KLEINVICE CHAIR
Trustee or director, Officer
10$0$0$0
JEFFREY A VAVRUSKATREASURER
Trustee or director, Officer
10$0$0$0
JERRY JARZABEKSECRETARY
Trustee or director, Officer
1$0$0$0
ANTHONY S BAKALEDIRECTOR
Trustee or director
1$0$0$0
DONNIE BEDNEYDIRECTOR
Trustee or director
1$0$0$0
NANCY BERARDINELLI-KRANTZDIRECTOR
Trustee or director
1$0$0$0
THERESA CARTERDIRECTOR
Trustee or director
1$0$0$0
LONNIE COLEMANDIRECTOR
Trustee or director
1$0$0$0
JAMES T DEIOTTEDIRECTOR
Trustee or director
1$0$0$0
DANIEL FASHIMPAURDIRECTOR
Trustee or director
1$0$0$0
ANN FRANGOSDIRECTOR
Trustee or director
1$0$0$0
JUDY GHAZOUL HILOWDIRECTOR
Trustee or director
1$0$0$0
BRIAN GEVRYDIRECTOR
Trustee or director
1$0$0$0
15 more people on this return
NameTitleHours / weekCompensation
DAVID GUNNING IIDIRECTOR
Trustee or director
1$0
JEFF HERZOGDIRECTOR
Trustee or director
1$0
JAMES KANDRACDIRECTOR
Trustee or director
1$0
AMY KAPLANDIRECTOR
Trustee or director
1$0
ARIANE KIRKPATRICKDIRECTOR
Trustee or director
1$0
JANET L KRAMERDIRECTOR
Trustee or director
1$0
MARK LANTZDIRECTOR
Trustee or director
1$0
JOE MASTERSDIRECTOR
Trustee or director
1$0
NANCY MENDEZDIRECTOR
Trustee or director
1$0
ALAN NEVELDIRECTOR
Trustee or director
1$0
CAROLYN RAINSDIRECTOR
Trustee or director
1$0
THOMAS ROBENALTDIRECTOR
Trustee or director
1$0
DARIA ROEBUCKDIRECTOR
Trustee or director
1$0
SANDRA WILLIAMSDIRECTOR
Trustee or director
1$0
THOMAS O'TOOLEDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 31 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Julie RehmExecutive Director
Officer
10$0$322,975$39,833
Karen WhiteChair
Trustee or director, Officer
10$0$0$0
Michael KleinVice Chair
Trustee or director, Officer
10$0$0$0
Jeffrey A VavruskaTreasurer
Trustee or director, Officer
10$0$0$0
Sarah C FlannerySecretary
Trustee or director, Officer
1$0$0$0
Anthony S BakaleDirector
Trustee or director
1$0$0$0
Nancy Berardinelli-KrantzDirector
Trustee or director
1$0$0$0
Theresa CarterDirector
Trustee or director
1$0$0$0
Lonzo Lonnie ColemanDirector
Trustee or director
1$0$0$0
James T DeiotteDirector
Trustee or director
1$0$0$0
Daniel FashimpaurDirector
Trustee or director
1$0$0$0
Ann FrangosDirector
Trustee or director
1$0$0$0
Myles GallagherDirector until 7/1/23
Trustee or director
1$0$0$0
Brian GevryDirector
Trustee or director
1$0$0$0
David Gunning IIDirector
Trustee or director
1$0$0$0
Thomas E HopkinsDirector
Trustee or director
1$0$0$0
Richard A JanusDirector
Trustee or director
1$0$0$0
Gerald Jerry JarzabekDirector
Trustee or director
1$0$0$0
Michael JeansDirector
Trustee or director
1$0$0$0
James KandracDirector
Trustee or director
1$0$0$0
Amy KaplanDirector
Trustee or director
1$0$0$0
Ariane KirkpatrickDirector
Trustee or director
1$0$0$0
Janet L KramerDirector
Trustee or director
1$0$0$0
Mark LantzDirector
Trustee or director
1$0$0$0
Nancy MendezDirector
Trustee or director
1$0$0$0
Alan NevelDirector
Trustee or director
1$0$0$0
Michael NiederstDirector until 7/1/23
Trustee or director
1$0$0$0
Thomas OTooleDirector
Trustee or director
1$0$0$0
Carolyn RainsDirector
Trustee or director
1$0$0$0
Thomas RobenaltDirector
Trustee or director
1$0$0$0
Sandra WilliamsDirector
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 32 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Julie RehmExecutive Director
Officer
10$0$306,716$38,119
Thomas E HopkinsChair
Trustee or director, Officer
10$0$0$0
Karen WhiteVice Chair
Trustee or director, Officer
10$0$0$0
Jeffrey A VavruskaTreasurer
Trustee or director, Officer
10$0$0$0
Sarah C FlannerySecretary
Trustee or director, Officer
1$0$0$0
Nancy Berardinelli-KrantzDirector
Trustee or director
1$0$0$0
Theresa CarterDirector
Trustee or director
1$0$0$0
Lonzo Lonnie ColemanDirector
Trustee or director
1$0$0$0
James T DeiotteDirector
Trustee or director
1$0$0$0
Daniel FashimpaurDirector
Trustee or director
1$0$0$0
Myles GallagherDirector
Trustee or director
1$0$0$0
Brian GevryDirector
Trustee or director
1$0$0$0
Rob GilmoreDirector
Trustee or director
1$0$0$0
David Gunning IIDirector
Trustee or director
1$0$0$0
Richard A JanusDirector
Trustee or director
1$0$0$0
Gerald Jerry JarzabekDirector
Trustee or director
1$0$0$0
Michael JeansDirector
Trustee or director
1$0$0$0
James KandracDirector
Trustee or director
1$0$0$0
Ariane KirkpatrickDirector
Trustee or director
1$0$0$0
Michael KleinDirector
Trustee or director
1$0$0$0
Janet L KramerDirector
Trustee or director
1$0$0$0
Thomas J KulurisDirector
Trustee or director
1$0$0$0
Mark LantzDirector
Trustee or director
1$0$0$0
Alan NevelDirector
Trustee or director
1$0$0$0
Michael NiederstDirector
Trustee or director
1$0$0$0
Thomas O'TooleDirector
Trustee or director
1$0$0$0
Mary Grace PattisonDirector
Trustee or director
1$0$0$0
Carolyn RainsDirector
Trustee or director
1$0$0$0
Daria L RoebuckDirector
Trustee or director
1$0$0$0
Robert J RosingDirector
Trustee or director
1$0$0$0
Joseph M ShafranDirector
Trustee or director
1$0$0$0
Marjorie ShorrockDirector
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
2121 EUCLID AVENUE UN 501, CLEVELAND, OH 44115-2214
In care of
% CONTROLLERS OFFICE
Principal officer (990 for 2024)
CHAD WARREN, 2121 EUCLID AVENUE UN 501, CLEVELAND, OH 44115
Signed the 990
JOHN PETRUS, ASSISTANT TREASURER
Phone
(216) 687-5522
Return prepared by
PLANTE & MORAN PLLC

Mission

THE FOUNDATION EXISTS PRIMARILY TO RAISE, RECEIVE, AND MANAGE PRIVATE GIFTS FOR THE ADVANCEMENT AND BENEFIT OF CLEVELAND STATE UNIVERSITY AND ITS STUDENTS AND FACULTY. OUR MISSION IS TO IMPROVE ACCESS TO HIGHER EDUCATION AND THE QUALITY OF THAT EDUCATION BY PROVIDING FINANCIAL AID AND GRANTS.

990 for the year ended June 30, 2025

Program accomplishments

  • IN FISCAL YEAR 2025 THE FOUNDATION RECEIVED $14.9 MILLION IN NEW GIFTS AND PLEDGES, INCLUDING $7 MILLION FOR SCHOLARSHIPS. GIFTS RECEIVED BY THE FOUNDATION FALL INTO TWO BASIC CATEGORIES; RESTRICTED AND UNRESTRICTED. UNRESTRICTED GIFTS MAY BE USED FOR UNIVERSITY PRIORITIES, PROGRAMS AND SERVICES NOT SUPPORTED BY STATE FUNDS, ENDOWMENT INCOME, OR OTHER SOURCES. MOST GIFTS RECEIVED ARE RESTRICTED FOR SPECIFIC PURPOSES AS DIRECTED BY THE DONORS, THE FOUNDATION, AND THE UNIVERSITY. FOR EXAMPLE, RESTRICTED GIFTS CAN BE DIRECTED TO A SPECIFIED ACADEMIC DEPARTMENT, SCHOLARSHIP, ETC. WHETHER RESTRICTED OR UNRESTRICTED, ANNUAL GIFTS ARE USUALLY SPENT WITHIN THE YEAR THEY ARE RECEIVED. ENDOWMENT FUNDS ARE POOLED WITH OTHER GIFTS AND INVESTED. UNDER THE DIRECTION OF THE FOUNDATION'S INVESTMENT COMMITTEE, ENDOWMENTS ARE INVESTED BY PROFESSIONAL FUND MANAGERS FOR MAXIMUM YIELD WITH MINIMUM RISK. ENDOWMENT FUNDS SUPPORT GENERAL UNIVERSITY OPERATIONS, ALL NINE ACADEMIC COLLEGES, THE SCHOOL OF NURSING, ATHLETICS, AND THE LIBRARY.AT CSU, 30% OF STUDENTS ARE FROM UNDERREPRESENTED MINORITY POPULATIONS AND MORE THAN 40% OF UNDERGRADUATES ARE THE FIRST IN THEIR FAMILIES TO ATTEND COLLEGE. MORE THAN HALF OF UNDERGRADUATES RECEIVING FEDERAL AID QUALIFY FOR THE MAXIMUM AMOUNT AND 88% OF FIRST-TIME, FULL-TIME FRESHMEN RELY ON FINANCIAL ASSISTANCE.THE CLEVELAND STATE UNIVERSITY FOUNDATION (CSUF) IS A NON-PROFIT ORGANIZATION INCORPORATED UNDER THE LAWS OF THE STATE OF OHIO AND TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AN OUTRIGHT GIFT TO THE CSUF IS A FULLY TAX-DEDUCTIBLE CHARITABLEDONATION. THE CSUF DOES NOT RECEIVE PUBLIC FUNDS, SUCH AS STATE AND FEDERAL GRANTS.STATE OF OHIO APPROPRIATIONS HELP FUND THE UNIVERSITY'S BASIC OPERATIONS. OTHER SOURCES OF REVENUE, SUCH AS STUDENT FEES AND AUXILIARY SERVICES, HELP MEET BASIC OPERATING COSTS NOT COVERED BY STATE FUNDING. PRIVATE SUPPORT, GENERATED THROUGH GIFTS TO THE CSUF, PROVIDES THE UNIVERSITY A MARGIN OF EXCELLENCE BY CREATING STUDENTS AND FACULTY RESOURCE OPPORTUNITIES FROM PRIVATE FUNDRAISING THAT WOULD OTHERWISE NOT BE AVAILABLE. THE FOUNDATION FURTHER SERVES THE UNIVERSITY BY MAINTAINING PRIVATE FUND ACCOUNTS (ENDOWMENT AND CURRENT USE) FROM ONE FISCAL YEAR TO THE NEXT.THE CSUF IS GOVERNED BY AN INDEPENDENT VOLUNTEER BOARD OF DIRECTORS, CONSISTING OF NO MORE THAN 50 DIRECTORS, AND EX-OFFICIO DIRECTORS, INCLUDING THE PRESIDENT OF THE UNIVERSITY. THE FOUNDATION'S FINANCIAL RECORDS ARE AUDITED ANNUALLY BY INDEPENDENT AUDITORS.
    Expenses $15,023,386 · grants $14,170,568 · revenue $73,259
  • THE CLEVELAND SCHOOLS BOOK FUND IS AN ENDOWMENT WITHIN THE COLLEGE OF EDUCATION AND MANAGED BY THE CLEVELAND STATE UNIVERSITY FOUNDATION AS PART OF THE OVERALL INVESTMENT PORTFOLIO. OVERSIGHT IS PROVIDED BY A BOARD COMPRISED OF BOTH CSU AND NON-CSU MEMBERS.THE CLEVELAND SCHOOLS BOOK FUND HELPS STUDENTS DEVELOP READING SKILLS FOR ACADEMIC LIFE SUCCESS AND OVER THE PAST 10 YEARS HAS GROWN TO MORE THAN $6 MILLION. THE FUND HAS HELPED CHILDREN IN THE CLEVELAND METROPOLITAN SCHOOLS BECOME BETTER READERS AND CITIZENS BY PROVIDING EACH PRE-K TO FOURTH GRADE CLASSROOM WITH A LIBRARY OF HIGH-QUALITY STORYBOOKS THAT ARE SPECIFICALLY CHOSEN TO PRESENT MODELS OF GOOD BEHAVIOR AND CITIZENSHIP. THE BOOK FUND HAS DELIVERED OVER 200,000 BOOKS TO CLASSROOMS THROUGHOUT THE CITY, INCLUDING CAMPUS INTERNATIONAL SCHOOL, AND NEARLY 20,000 STUDENTS READ THOSE BOOKS EVERY YEAR. IN ADDITION, MORE THAN 1,000 CLASSROOMS HAVE RECEIVED SPECIFICALLY DESIGNED BOOK CASES.

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
34-1316665
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
1969
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B43I)
Assets (IRS master file)
$181,182,093
Income (IRS master file)
$40,547,897

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$23,868,027$16,143,771$181,182,093IRS
990-TJune 2025–––IRS
990June 2024$36,222,320$19,306,721$164,721,428IRS
990-TJune 2024–––IRS
990June 2023$17,075,120$17,314,384$135,609,002XML
990-TJune 2023–––IRS
990June 2022$22,631,479$13,838,843$125,849,909IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 34-1316665).

Questions about CLEVELAND STATE UNIVERSITY FOUNDATION

What is the EIN of CLEVELAND STATE UNIVERSITY FOUNDATION?
The employer identification number (EIN) of CLEVELAND STATE UNIVERSITY FOUNDATION is 34-1316665.
Is CLEVELAND STATE UNIVERSITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
Are donations to CLEVELAND STATE UNIVERSITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CLEVELAND STATE UNIVERSITY FOUNDATION 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 CLEVELAND STATE UNIVERSITY FOUNDATION 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 CLEVELAND STATE UNIVERSITY FOUNDATION 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 CLEVELAND STATE UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 names CHAD WARREN.
Who are the officers and directors of CLEVELAND STATE UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 30 people; 0 received compensation from the organization.
How much revenue does CLEVELAND STATE UNIVERSITY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $23,868,027, expenses of $16,143,771 and total assets of $181,182,093 at year end.

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