About Northern Kentucky University Foundation
Our mission is to secure, invest, steward, and distribute private resources in support of Northern Kentucky University, to advocate for the University's best interests, and to build lasting relationships with alumni and friends.
Focus Areas
scholarshipscampus facilities and expansionathleticsarts and culturetechnology upgradescommunity outreachfaculty residencieshonors learningplanned giving and endowments
Who They Fund
postsecondary students (college/university students)higher education institutions (administration/facilities)local communities served by public-service programs
About Northern Kentucky University Foundation
Northern Kentucky University Foundation Inc directs its grantmaking almost entirely to Northern Kentucky University, with the largest recent awards supporting student financial aid and core university operations. In 2024, the foundation gave $3,373,766 for student financial aid, followed by additional support for academic support, institutional support, instruction, student services, and research. The pattern in 2023 shows the same beneficiary and similar priorities, including a $3,019,359 student financial aid grant and repeated support for instruction, academic support, and student services. That concentration makes the foundation’s role clear: it is a university-support organization focused on sustaining Northern Kentucky University through both direct student aid and operating support. Its stated mission is to secure, invest, steward, and distribute private resources in support of the university, advocate for the university’s best interests, and build lasting relationships with alumni and friends. Recent grants also show smaller allocations for facilities and public service alongside larger institutional and instructional commitments, indicating support across several parts of the university’s work.
What Northern Kentucky University Foundation Funds
Student financial aid is the clearest funding priority. The foundation gave $3,373,766 in 2024 to Northern Kentucky University for student financial aid, and it made another $3,019,359 grant for the same purpose in 2023. Beyond aid, the foundation supports academic infrastructure and teaching. In 2024 it awarded $766,517 for academic support and $649,945 for instruction, while 2023 included $453,332 for academic support and $535,022 for instruction. Student services also appear in the recent record, with $413,446 in 2024 and $380,116 in 2023. Smaller grants went to research and public service, showing support for both university activity and community-facing work through the institution.
How Northern Kentucky University Foundation Gives
Typical grants are sizable for an institutional funder: the p25 grant size is $109,846, the median is $396,781, and the p75 is $631,512. The recent record shows repeated awards to the same recipient across 2023 and 2024, especially for student aid, instruction, academic support, and student services, which suggests ongoing operating and program support rather than isolated one-time grants. The foundation is a university foundation, and its giving is fully local, with all recent grants directed to Kentucky recipients.
Financial Snapshot
Annual Giving
$6.8M
Total Assets
$176.8M
Total Revenue
$22.7M
Total Expenses
$11.2M
Typical Grant Size
Most grants fall between $110K and $632K, with a median of $397K.
25th Percentile
$110K
Median
$397K
75th Percentile
$632K
Geographic Reach
Local1 state funded
Funding intensity
LowHigh
Headquarters
Leadership
THOMAS WIEDEMANN
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