Established in 1970, the NKU Foundation was created to manage privately donated gifts for Northern Kentucky University. The Foundation is a non-profit, tax-exempt organization governed by an elected Board of Directors. Since its inception, the Foundation has helped transform NKU from undeveloped farmland into a thriving, metropolitan university that has spent the last 50 years dedicated to living our mission of engaging, empowering and elevating the people and region we serve.
While state appropriations help fund NKU's basic operating budget, the Foundation provides other sources of revenue necessary for our continued advancement. Gifts from generous donors have funded student scholarships, campus expansion and renovations, athletics, the arts, technology upgrades, community outreach programs, faculty residencies, honors learning, and more. There are several ways to invest in NKU. Your gift can be as personal as your legacy. How will you leave your mark?
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.
We will be recognized by the NKU community, donors and friends, peer organizations, and regional leaders for excellence in fundraising, stewardship, and advocacy which advances Northern Kentucky University.
Jason Jackman, President
Martin Butler, Vice President
Kevin Gessner, Treasurer
Kara Williams, Secretary
Richard Boehne, NKU Regent
Eric Gentry, Executive Director & Vice President, University Advancement
Barry Kienzle, Immediate Past President
Lee Scheben, NKU Regent Chair
Dr. Ashish Vaidya, NKU President
Mary Zalla, At Large
The Honorable Kris Knochelmann
The Honorable Gary Moore
The Honorable Steven Pendery
B. Charles Alexander
J. David Bender, Esq.
Dr. Herbert R. Booth
Dr. Leon Boothe
Gary R. Bricking
Emerson L. Brumback
Paul W. Chellgren
Thomas C. Donnelly, Esq.
Eric A. Ernst
Eva G. Farris
Robert R. Fitzpatrick, Jr.
James L. Flood
Judith H. Gibbons
Paul A. Gibson
Daniel R. Groneck
Michael J. Hammons
Kenneth F. Harper
Gary L. Herfel, Esq.
Marcia L. Hosea
James H. Huff
The Honorable Kenneth R. Lucas
Dr. Roger C. Meade
Richard L. Murgatroyd
C. Andrew Neagle
James R. Poston, Jr., Esq.
Jamie M. Ramsey, Esq.
Dr. Rogers Redding
Ruth M. Seligman Doering
Kevin M. Sheehan
Gregory S. Shumate, Esq.
Alice S. Sparks
Henry L. Stephens, Jr., Esq.
Diane H. Sticklen-Jordan
Dr. Carol J. Swarts
William C. Vermillion
Dr. James C. Votruba
Brenda L. Wilson
The NKU Foundation gives members an opportunity to become personally involved in its fund raising and asset-management program. Here are the responsibilities of eight committees that assure the Foundation's effective operation:
The Advocacy Committee is a group of Advocates for NKU who are focused on notifying and petitioning state legislators of the need for funding for NKU related projects and support.
The Executive Committee recommends actions for approval of the full Board and sometimes acts for the Board, within carefully defined boundaries, between meetings. This committee is central to the effective operation of the Foundation and meets frequently to review operational, programmatic, and financial matters.
The Finance and Audit Committee provides supervision and oversight of the Foundation's financial affairs and responsibilities. It also oversees and reviews the annual financial audit of the Foundation.
The Governance Committee provides oversight of the Foundation’s structure, and reviews policies and processes to insure compliance with the Foundation’s mission and good governance practices.
The Investment Committee monitors and evaluates the investment of Foundation assets and recommends investment policies to the full Board.
This committee assists Northern Kentucky University in identifying and soliciting corporations and foundations for donations. It strives to establish and build mutually beneficial relationships between the business community and the university. The committee also provides oversight to planned giving activities.
The Membership Committee is charged with populating the Board with the best talent by identifying and recruiting prospective Board members dedicated to advancing the university’s mission. The committee proposes prospective candidates to the Executive Committee for approval by the full Board. Additionally, the committee develops practices and recommends strategies and policies that attract, orient, educate, organize, motivate, engage and assess the performance of Board members.
The Real Estate Committee oversees the receipt, maintenance and disposal of Foundation real estate. The committee establishes policies for receiving gifts of property, examines property to determine its acceptability as a gift, and assists the Foundation in the maintenance and disposal of real estate. The Real Estate Committee meets on an as-needed basis.
The attached policy of the Discretionary Expenditure Policy/Matrix Guide has been created to provide information concerning categories of allowable discretionary purchases, the appropriate source of funds to be used for these purchases, and the approvals necessary prior to the expenditure of these funds. Click on the link above to view the policy matrix.
Given the current financial climate in the Commonwealth it is more important than ever that we remain diligent in our roles as budget unit administrators and make all expenditures in order to accomplish or support a specific business purpose.
Please click here for a list of frequently asked questions related to Foundation accounts and expenditures.
Information about NKU's Foundation's tax-exempt status can be viewed here.
The FY2018-19 administrative gift fee is 0%.
Download instructions for an electronic stock gift. If you have questions, call us at 859-572-6062.
IRS Meal and Entertainment Form. A signed IRS Meal and Entertainment Form must be included with any request for payment of meals or entertainment expenses.
Lost Receipt Form. This form is to be utilized only if a copy of receipt can not be obtained. Please include the fully completed and signed form with your IRS Meal and Entertainment Form.
The NKU Foundation Inc. (NKUF) Cash Transmittal carbon paper form has been replaced with an electronic version of the form. Click here to open a PDF version of the form to be used when making a deposit to a NKU Foundation, Inc. fund.
Once the form is complete, print two (2) copies of the completed form – place one copy in the NKUF secure tamper-resistant deposit bag labeled ‘Checks/Deposit Slip/Documentation Only.’ Staple the tear-off top portion of the tamper resistant bag that details the date, amount, and bag # to the second copy of the form. Keep this copy outside of the bag compartments but take it with you delivering the deposit to Student Account Services. The representative receiving your deposit will sign this copy upon your delivery to them. It will serve as your receipt that the deposit was received by Student Account Services.
Units that would like to receive an electronic copy of processed NKUF Cash Transmittal Forms should contact Advancement Services (ext. 7709) if the deposit was a gift contribution and NKU Fdn. Accounting (ext. 6608) if the deposit was a non-gift contribution.
If you have questions about deposits to the Foundation please contact Advancement Services at extensions 7709 or 6976 with questions.
Audited Financial Statements
IRS Filed Form 990
Northern Kentucky University is a public university; doesn't the state take care of its needs?
Northern Kentucky University is state assisted versus state supported. This means that, like more and more universities, NKU receives only a small percentage of its operating budget directly from the state. Private support allows the university to reach beyond basic survival to provide students and faculty with opportunities that otherwise may not be financially possible.
What are some good reasons to contribute to Northern Kentucky University?
As state appropriations continue to decline, private support will continue to grow in importance. NKU is expanding both its campus and programs in order to meet the growing needs of our region. With enrollments and student applications at a historical high, private support will play an increasingly vital role in retaining the highest quality faculty, staff and students as well as the broad range of needed academic programs.
Who is contributing financial support?
Private support received by the Foundation comes from a variety of sources, including alumni, faculty, staff, friends, businesses and organizations.
How does the NKU Foundation support Northern Kentucky University?
The Foundation, a separate 501c3, supports the university primarily through its management of private gifts. It is run by a volunteer board of directors. The board helps to cultivate relationships, which can translate into philanthropic support for the university.
How can I support the programs or college of my choice?
You can designate your gift to support a specific college, scholarship, program, or the Fund for Excellence, which supports the greatest needs of the university. Learn more about gift options or make a gift today.
Are gifts deductible?
Gifts to the NKU Foundation, Inc., a 501c3 charitable organization, are fully tax deductible to the extent allowable by law.
Please contact us at 859-572-6062 or email@example.com.
Visit Our People for a full list of University Advancement staff.