MILLERSVILLE UNIVERSITY FOUNDATION
Mission Statement
The Millersville University Foundation is a separate entity from Millersville University and its mission is to manage and invest endowed gifts for the university. It is a 501(c)(3) tax-exempt public foundation incorporated to receive gifts that benefit Millersville University and to administer those funds in perpetuity consistent with donor intent. Today, the Millersville University Foundation manages more than 1,100 scholarship and program accounts and holds assets in excess of $80 million. The Millersville University Foundation's activities are managed by an independent board of directors that includes the community and alumni.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.8% | 84.2% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
11.5% | 12.9% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
363.7 mo | 9.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
5.1% | 21.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
63.3% | 89.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
52.2% | 5.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
35.3% | 6.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
55.2% | 3.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $5.2M | $2.3M | $71.2M | 82.8% | 0 |
| 2024 | $3.4M | $1.7M | $62.7M | 74.5% | 0 |
| 2023 | $2.6M | $1.9M | $56.2M | 80.8% | 0 |
| 2022 | $6.4M | $2.1M | N/A | — | 0 |
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