Washburn University Foundation
1700 SW College Ave, Topeka, KS · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $52,425,391 | $20,179,072 | $250,080,991 |
| FY2024 | $34,603,645 | $19,499,502 | $204,385,437 |
| FY2023 | $19,852,314 | $24,309,617 | $179,576,000 |
| FY2022 | $17,810,833 | $14,231,028 | $174,220,628 |
| FY2021 | $32,131,367 | $17,468,656 | $190,635,347 |
| FY2020 | $17,042,055 | $15,590,181 | $154,185,877 |
| FY2019 | $16,556,313 | $14,775,901 | $158,855,700 |
| FY2018 | $16,442,602 | $21,157,254 | $153,338,283 |
| FY2017 | $14,499,707 | $12,046,438 | $152,013,155 |
| FY2016 | $19,743,346 | $13,569,519 | $138,746,429 |
| FY2015 | $22,206,404 | $11,609,295 | $138,584,037 |
| FY2014 | $22,733,645 | $11,177,700 | $137,837,938 |
| FY2013 | $18,175,037 | $10,419,479 | $120,155,064 |
| FY2012 | $11,522,587 | $11,152,602 | $107,311,648 |
Form 990 filings
The returns filed by Washburn University Foundation (EIN 48-6105561), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $45,314,498 | 86% |
| Program service revenue | $0 | 0% |
| Other revenue | $7,110,893 | 14% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $15,444,652 | 77% |
| Management & general | $1,740,780 | 9% |
| Fundraising | $2,993,640 | 15% |
What the numbers show
- Contributions & grants made up 86% of total revenue in FY2025.
- Program services accounted for 77% of functional expenses, management & general 9%, and fundraising 15%.
- 77% of functional expenses went to program services in FY2025. That is higher than 22.2% of 36 Education organizations in KS.
- Net assets covered about 148.7 months of expenses at the end of the reporting year. That puts it in the 82nd percentile among 521 Education organizations in KS.
- Total revenue was higher than 99.2% of 526 Education organizations in KS.
- Total revenue rose from $11,522,587 in FY2012 to $52,425,391 in FY2025. Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 2 of 14 reported years (FY2018, FY2023).
- Net assets grew from $107,311,648 to $250,080,991 between FY2012 and FY2025.
- Contributions and grants made up 54% of revenue in FY2012 and 86% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
The Foundation was created to assist in the promotion, development and enhancement of the financial resources for Washburn University of Topeka, as well as to receive and hold in trust any assets given in benefit of the University.
IRS status
| Ruling year | 1944 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B110 — Education (in KS) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Friends University — Wichita, KS · $52,851,669
- Baker University — Baldwin City, KS · $51,775,622
- Wichita State University Foundation — Wichita, KS · $48,636,666
- University of Saint Mary — Leavenworth, KS · $48,057,777
- Newman University Inc — Wichita, KS · $44,932,713
- Kansas Wesleyan University — Salina, KS · $44,638,721
- Mid-America Nazarene University — Olathe, KS · $65,901,490
- McPherson College — McPherson, KS · $67,427,262
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.