THE KENT STATE UNIVERSITY FOUNDATION PROVIDES LEADERSHIP, PRIVATE SECTOR FUNDING AND STEWARDSHIP OF GIFTS TO SUPPORT KENT STATE UNIVERSITY, MEET ITS NEEDS AND ACHIEVE ITS PRIORITES.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$365.2M
+9.5% YoY
Annual Giving
$17.4M
-33.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$17.4M
-33.9% YoY
About Kent State University Foundation
Based on IRS filings
Kent State University Foundation is a nonprofit organization focused on Education, based in KENT, OH. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $365.2M in total assets. In 2025, it awarded 1 grants totaling $17.4M. Net investment income was $3.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $365,185,422 | $333,642,018 | $315,802,364 |
| Revenue | $22,389,795 | $21,201,534 | $24,294,118 |
| Expenses | $21,243,566 | $30,127,232 | $28,135,064 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,079,589 | $2,711,824 | $4,146,410 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JESSICA VARGO | ASSISTANT TREASURER | 2 | — |
| RAJ AGGARWAL - DECEASED | DIRECTOR | 1 | — |
| LAWRENCE ARMSTRONG | DIRECTOR | 1 | — |
| JAMES BAILEY | BOARD CHAIR ELECT | 2 | — |
| GARY BRAHLER | DIRECTOR | 1 | — |
| HEATHER CERBONE | DIRECTOR | 1 | — |
| TODD DIACON | DIRECTOR | 1 | — |
| TIMOTHY EIPPERT | DIRECTOR | 1 | — |
| BARRY FETTERMAN | DIRECTOR | 1 | — |
| RICHARD FRENCHIE | DIRECTOR | 1 | — |
| CATHY HEMMING | DIRECTOR | 1 | — |
| CANDICE HUGHES | DIRECTOR | 1 | — |
| GREG INNA | SECRETARY | 2 | — |
| RICHARD KRUMEL | DIRECTOR | 1 | — |
| DALE LEPPO | DIRECTOR | 1 | — |
| MARK LUCAS | DIRECTOR | 1 | — |
| STEFFANY MATTICOLA LARKINS | DIRECTOR | 1 | — |
| SCOTT MCKINNEY | DIRECTOR | 1 | — |
| STEPHEN MILKOVICH | DIRECTOR | 1 | — |
| ROB RISMAN | DIRECTOR | 1 | — |
| ROBERT ROSS | DIRECTOR | 1 | — |
| DIANA STRONGOSKY | DIRECTOR | 1 | — |
| MICHELLE THOMAS | BOARD CHAIR | 2 | — |
| DANIEL WOLFE | DIRECTOR | 1 | — |
| JOHN ELLIOT | DIRECTOR | 1 | — |
| PETER HOLWAY | IMMEDIATE PAST CHAIR | 2 | — |
| NORA JACOBS | DIRECTOR | 1 | — |
| GREGORY LONG | TREASURER | 2 | — |
| VALOREE VARGO | CHIEF EXECUTIVE OFFICER | 2 | — |
| DIANE PETRELLA | DIRECTOR | 1 | — |
| VALERIE PATTON GEORGE | DIRECTOR | 1 | — |
| VIRGINIA ADDICOTT | DIRECTOR | 1 | — |
| ROXIA BOYKIN | DIRECTOR | 1 | — |
| VICKI HAYWOOD DOE | DIRECTOR | 1 | — |
| ALEXANDER EVANS | DIRECTOR | 1 | — |
| ANDREA GAUDING | DIRECTOR | 1 | — |
| KENNETH GRUNLEY | DIRECTOR | 1 | — |
| CHRISTIAN PALICH | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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