The Western Kentucky University Foundation is an independent, nonprofit organization incorporated in the Commonwealth of Kentucky.
Chartered in 1993, the Foundation promotes the welfare and future development of Western Kentucky University's educational goals by managing assets and maintaining donor records for the benefit of Western Kentucky University.
The Western Kentucky University Foundation is the official repository for gifts to the University. To accomplish its mission, the Foundation provides those services normally associated with a university-related foundation, including but not limited to volunteer leadership, fund solicitation, asset management services, and gift acceptance and acknowledgement.
Funds donated to WKU are assigned to specific accounts within the Foundation to allow donations to be used to benefit the University.
There are three basic criteria which determine the proper use of WKU Foundation funds:
Western Kentucky University must benefit in an acceptable manner.
The use must fall within the donor's intent for the gift.
The use must not jeopardize the Foundation’s tax-exempt status.
As a non-profit organization, the Foundation is exempt from federal income tax under section 501(c)(3) of the 1986 Internal Revenue Code as amended.
The Foundation has been classified by the IRS as a public charity operated for the benefit of a state university as defined in the Internal Revenue Code of 1986 Section 170(b)(1)(A)(iv).
Contributions to the University through the Foundation by individuals, corporations, organizations and other foundations qualify as tax deductions.
If you have any questions, please contact us at (270) 745 - 6421.