FSU Foundation Supporting Organization Inc
The FSU Foundation Supporting Organizations exempt purpose is to support the educational endeavors of Fitchburg State University.
Key facts about FSU Foundation Supporting Organization Inc
- EIN
- 04-3491990
- Latest 990 filing
- Form 990, 2025
- Total assets
- $6,569,144
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$6.6M
-3.5% YoY
Revenue
$781K
-29.6% YoY
Net Investment Income
$567
-99.4% YoY
Expenses
$626K
-9.2% YoY
About FSU Foundation Supporting Organization Inc
Based on IRS filings
FSU Foundation Supporting Organization Inc is a public charity focused on Education, based in Fitchburg, MA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $6.6M in total assets. Net investment income was $567.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2023 it made 1 grant totaling $475K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
1 grants across all recorded years
The most common grant size was in the $250–500K range: 1 grant of 1 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $6,569,144 | $6,807,380 | $7,835,400 |
| Revenue | $781,464 | $1,110,388 | $1,614,911 |
| Expenses | $625,805 | $689,034 | $1,606,035 |
| Net Investment Income | $567 | $102,243 | $1,196 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
Leadership & Key People
Officers and directors from IRS filings
FSU Foundation Supporting Organization Inc is led by Michael Mahan, President on every filing since 2021; none of the 17 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael Mahan
President
On filings since 2021
0.2 hrs/week
No compensation reported
Richard S Lapidus
President
President Fsu → President, 2025
On filings since 2021
3 hrs/week
No compensation reported
Donna Hodge
President
New on the 2025 filing
3 hrs/week
No compensation reported
Michael E Montuori
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Richard Healey
Director
On filings since 2021
0.1 hrs/week
No compensation reported
Atty Carol Vittorioso
Director
On filings since 2022
0.1 hrs/week
No compensation reported
David Celuzza
Treasurer & Clerk
Treasurer Clerk → Treasurer & Clerk, 2025
On filings since 2021
0.2 hrs/week
No compensation reported
Jay D Bry
Vice President of Finance & Administration
Vice President Finance Administration → V P of Finance Administration, 2022
V P of Finance Administration → Vice President of Finance & Administration, 2025
On filings since 2021
5 hrs/week
No compensation reported
Jeffrey Wolfman
Vice President Advancement
V P Development → Vice President Advancement, 2025
On filings since 2021
No compensation reported
Nadimpalli Mahadev
Professor
On filings since 2021
No compensation reported
Charles Sides
Professor
On filings since 2022
No compensation reported
Laura Bayless
Vice President Student Affairs
On filings since 2022
No compensation reported
Xuzhou Chen
Professor
Professor Department Chair → Professor, 2024
On filings since 2022
No compensation reported
Paul Weizer
Professor
On filings since 2023
No compensation reported
Jessica Murdoch
Vice President of Hr & Payroll
Vice President of Hr Payroll → Vice President of Hr & Payroll, 2025
On filings since 2024
No compensation reported
Natalia Kourtonina
Professor
On filings since 2024
No compensation reported
Patricia Marshall
Vice President Academic Affairs Provost
On filings since 2024
No compensation reported
Former officers (9)
- Former: Catherine Canney (2021–2023) — Former Acting Provost Vice President Academic Affairs
- Former: Scott W Foster (2021–2023) — Director
- Former: Stephen Swartz (2021–2023) — Chief Information Officer
- Former: Franca Barricelli (2023) — Vice President Academic Affairs
- Former: Margaret Hoey (2023) — Professor
- Former: Kelly Morgan (2021–2022) — Professor
- Former: Alberto Cardelle (2021) — Former Vice President Academic Dean
- Former: Carol Vittorioso (2021) — Director
- Former: Elizabeth Basiner (2021) — Professor
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about FSU Foundation Supporting Organization Inc
How large is FSU Foundation Supporting Organization Inc?
FSU Foundation Supporting Organization Inc reported $6.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $781K.
What is FSU Foundation Supporting Organization Inc?
FSU Foundation Supporting Organization Inc is a public charity focused on Education, based in Fitchburg, MA. It holds $6.6M in total assets as of 2025.
Where does FSU Foundation Supporting Organization Inc operate?
FSU Foundation Supporting Organization Inc has awarded grants in Massachusetts.
What is FSU Foundation Supporting Organization Inc's EIN?
FSU Foundation Supporting Organization Inc's EIN (Employer Identification Number) is 04-3491990. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching FSU Foundation Supporting Organization Inc by hand.
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