Wright State Foundation

The Wright State University Foundation is a nonprofit that handles gifts for Wright State University. It is a separate charitable organization that is run by its own board of trustees. 1 The Wright State University audit for 2020 and 2021 states that contributions to the foundation are “primarily restricted to the activities of the University.” 2

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At-A-Glance

Type: Non-profit, 501(c)(3)
Website:

https://www.wright.edu/giving/about-the-foundation

Location:

Dayton, OH

Formation:

1966

Location: Dayton, OH View on map
Tax ID: 23-7019799
Most Recent Filing: 2025
Budget (2025): Assets: $192,561,802 Revenue: $22,286,172 Expenses: $9,582,169

Contents

    The foundation conducted two major fundraising campaigns in the past 20 years. The “Tomorrow Takes Flight” campaign raised $123.1 million and concluded in 2006 and the “Rise. Shine. The Campaign for Wright State University” effort raised $167.7 million and ended in 2017. 3

    Background

    The Wright State University Foundation was incorporated December 15, 1966. The Wright State University Foundation has given more than $51 million in scholarships in its history. 3

    Finances

    The foundation reported $15.97 million in total revenues in 2019. 4 The total revenues increased to $35.2 million in 2021. 2 As of 2021, the foundation had $166 million in total assets, of which $152 million was investment in securities. 5

    The Wright State Foundation donated $3.2 million to various academic programs and distributed $2.9 million for student financial aid in 2019. 6

    Leadership

    Andrea Kunk was on the board of trustees from 2010 to 2021, serving as the chair for her last two years. 7 Kunk is president of Peerless Technologies, which is a company with 500 employees that focuses on military research. 7

    David Deptula became the chair of the board in 2022. He is vice president of legal and special projects for Dayton Freight Lines, Inc. 8

    Scott Rash has been president and CEO of the Wright State University Foundation since September 2019. 9 He spent the previous 12 years working at various colleges in fundraising positions. 3

    Linda Black-Kurek is the vice chair of the board of trustees. She is president of Liberty Health Care Corporation. 10

    Rebecca Cole served as vice president for advancement and president of the Wright State University Foundation for 13 years before retiring in July 2019. 3

    Fundraising Campaigns

    The “Tomorrow Takes Flight” campaign raised $123.1 million and ended in 2006. 3 It created 200 new scholarships and included five endowed chairs and professorships. 3

    The “Rise. Shine. The Campaign for Wright State University” effort raised $167.7 million started in 2008 and ended in 2017. It created scholarships, was used to hire faculty and supported construction of facilities. 10

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2025 $192,561,802 $22,286,172 $9,582,169 View
    2023 $160,143,120 $19,144,235 $10,436,341 View
    2022 $149,282,142 $22,301,900 $9,335,808 View
    2021 $166,064,682 $13,302,016 $8,096,772 View
    2020 $137,644,851 $15,971,511 $10,076,052 View
    2019 $137,385,278 $11,201,269 $10,993,746 View

    Prior year filings: 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011

    Revenue Detail

    Expenses Detail

    Employee Compensation

    • Number of Employees: 10

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    R Scott RashPresident & CEO$329,766
    Robert T BatsonCFO (UNTIL 4/30/2025)$164,221
    Andrea WallExecutive Director$77,222

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $14,441,515
    • Number of Grants: 485
    • Number of Funders: 111

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $335,5002024 Wright-Patt Credit Union IncCOMMUNITY GIVING
    $335,0002023 Wright-Patt Credit Union IncGENERAL SUPPORT
    $335,0002022 Wright-Patt Credit Union IncGENERAL SUPPORT
    $335,0002021 Wright-Patt Credit Union IncGENERAL SUPPORT
    $328,5752020 Fidelity Investments Charitable Gift FundFor grant recipient's exempt purposes
    $280,0002022 Reynolds and Reynolds Company FoundationAcademic Scholarships
    $236,3002024 Dayton Foundation Plus IncVARIOUS PROJECTS
    $200,0002023 Reynolds and Reynolds Company FoundationAcademic Scholarships
    $176,3002023 Dayton Foundation Plus IncVARIOUS PROJECTS
    $103,3312023 The Dayton FoundationGENERAL SUPPORT AND VARIOUS PROJECTS
    $103,1882024 Dayton Foundation DepositoryVARIOUS PROJECTS
    $100,7102022 Dayton Foundation DepositoryGENERAL SUPPORT AND VARIOUS PROJECTS
    $89,5262020 The Dayton FoundationGeneral support and scholarships
    $88,1602023 Wright State University Alumni AssociationSCHOLARSHIPS FOR STUDENTS
    $82,2482021 Donor Advised Charitable Giving, Inc.EDUCATION
    $81,4962023 Dayton Foundation DepositoryGENERAL SUPPORT AND VARIOUS PROJECTS
    $80,3302020 Dayton Foundation DepositoryGeneral support and various projects
    $80,0002021 Reynolds and Reynolds Company FoundationAcademic Scholarships
    $80,0002020 Reynolds and Reynolds Company FoundationScholarships
    $78,5502022 Donor Advised Charitable Giving, Inc.EDUCATION
    $75,0002021 The Dayton Power and Light Company Foundation DBA Aes Ohio FoundationFUNDING DEI, DEGREE COMPLETION & STUDENT SUCCESS PROGRAMS & ARCHIVES
    $75,0002020 The Dayton Power and Light Company Foundation DBA Aes Ohio FoundationPROGRAMS FOR DEGREE COMPLETION, STUDENT SUCCESS, ALTERNATIVE ENERGY PROJECTS AND ARCHIVES
    $68,6492022 The Dayton FoundationGENERAL SUPPORT AND VARIOUS PROJECTS
    $67,9092022 Wright State University Alumni AssociationSCHOLARSHIPS FOR STUDENTS
    $67,1042021 The Dayton FoundationGENERAL SUPPORT AND VARIOUS PROJECTS

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $47,863,692
    • Number of Grants: 9
    • Number of Recipients: 2

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $4,618,5862020 Wright State UniversityInstitutional support
    $4,448,2052023 Wright State UniversityInstitutional support
    $3,670,7152022 Wright State UniversityINSTITUTIONAL SUPPORT
    $2,555,6802021 Wright State UniversityINSTITUTIONAL SUPPORT

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    Financials, employee compensation, and grant information provided by Candid.

    References

    1.  Wright State University. 2020 Impact And Annual Reports. Accessed July 3, 2022. https://www.wright.edu/giving/2020-impact-and-annual-reports#panel-bootstrap-column-2037
    2. Wright State University. 2020-2021 Single Audit. Accessed July 4, 2022. https://www.wright.edu/sites/www.wright.edu/files/page/attachments/wright-state-2021-annual-report-single-audit.pdf
    3. Wright State University. “About The Foundation”; Accessed July 3, 2022. https://www.wright.edu/giving/about-the-foundation
    4. Wright State University Foundation. Form 990. Part I. Summary. Accessed July 3, 2022. https://projects.propublica.org/nonprofits/organizations/237019799/202121349349304012/full
    5. Wright State University Foundation. Consolidated Financial Statements. 2021. Accessed July 3, 2022. https://www.wright.edu/sites/www.wright.edu/files/page/attachments/FY21%20Audited%20Financial%20Statements.pdf
    6.  Wright State University Foundation. Form 990. 2020. Part III. Statement of Program Service Accomplishments. Accessed July 2, 2022. https://projects.propublica.org/nonprofits/organizations/237019799/202121349349304012/full
    7. Jim Hannah. “Getting Down To Business” Wright State University. Dec. 14, 2021. Accessed July 3, 2022. https://webapp2.wright.edu/web1/newsroom/2021/12/14/getting-down-to-business/
    8. Wright State Foundation. “Our Board Of Trustees”; Accessed July 3, 2022. https://www.wright.edu/giving/about-the-foundation
    9.  Scott Rash. LinkedIn. Accessed July 3, 2022. https://www.linkedin.com/in/scottrash/
    10.  Wright State University. About The Foundation. Accessed July 4, 2022. https://www.wright.edu/giving/about-the-foundation