Boise State University Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To raise funds and support for Boise State University's programs, prudently manage all private funds donated to the University, and act as an envoy and link between the University and its constituencies.
- Income
- $84.4 million
- Spending
- $49.6 million
- Spent on programs
- 85%
- Reserves
- 4.2 months of spending
- Largest source of income
- donations and private grants, 71%
- Employees
- 0
- Volunteers
- 34
- Highest pay
- $384,339, chief executive officer
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 79% of charities in its peer group (education, $10m to $100m).
Reserves
20 of 35Spendable reserves would cover 4.2 months of spending.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
15 of 15Income exceeded spending by 41% of income.
Income trend
15 of 15Income rose 80% on the year before.
Spending floor
15 of 1585% of spending went to programs and raising each dollar of donations cost 7 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 44% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 2532 of 32 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $29.1 million spent. The Foundation provides general support for Boise State University through both endowment and current use funds. Some highlights for the fiscal year end June 30, 2025 include the continued support for all academic colleges, computer science and engineering, STEM, health sciences, research in public policy, education, arts and sciences, True Blue scholarships, endowed positions, athletics, and other various support programs at Boise State University. Effective July 1, 2024, the Boise State University division of University Advancement was merged into the Foundation, forming one unified philanthropic organization. (Continued on Schedule O)The expanded organization now is responsible for fundraising, engagement, information, and technology services, financial operations, and investment management to support activities under the Foundation's, mission to inspire, manage, and distribute private support for the benefit of the University.
- $7.1 million spent. The Foundation administers over 1,000 different academic scholarships for Boise State University. Applicants may be required to write an essay, provide transcripts, and if applying for scholarships requiring financial need applicants must include the Free Application for Federal Student Aid report (FAFSA). Other requirements may be included, depending on the scholarship. During fiscal year end June 30, 2025, the Foundation distributed over 2,500 scholarship awards to 1,560 recipients.
- $6.0 million spent. The Foundation provides support services for both the Bronco Athletic Association and the Boise State University Alumni Association. This includes, but is not limited to, member lists, data entry and updates, financial support through donation receipts, reporting, and other ad hoc services as they are needed such as managing registration for events.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 1966.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.