The Foundation for Âé¶¹ÊÓÆµ is an independent, nonprofit, charitable 501(c)(3) corporation, organized in 1967 to promote and support the educational purposes of Âé¶¹ÊÓÆµ.

The purpose of the Foundation, as stated in its charter, is:

To promote educational purposes in connection with or at the request of the university by encouraging, sponsoring, and aiding institutional goals; by furthering education and learning in the arts and sciences and the pursuits and professions of life; by making gifts, scholarships, by providing other support for the accomplishment of university objectives; by seeking, acquiring, holding, and using gifts, bequests, devises, endowments to meet the needs of Âé¶¹ÊÓÆµ; by acquiring or otherwise providing buildings, grounds, or other suitable facilities, improvements or equipment for Âé¶¹ÊÓÆµ.

The Foundation acts as the repository for private financial support and has fiduciary and legal responsibilities for the management, investment, and disbursement of the funds and for the conduct of all the organization’s affairs.

The Foundation manages a portfolio of $123 million with $91 million in endowed funds (on June 30, 2025). The Foundation, along with Residential Revival Indiana, owns eight student residential buildings on campus that are managed by the university. The Foundation also accepts and maintains ownership of nonfinancial gifts, such as objects of art.

Governance

The Foundation is governed by a board of directors. Board members are chosen for their professional expertise and support of the university. The current 21-member board is led by James Leda ’95, president; Dave Bluemling ’85, vice president; and Andrew Longacre ’13, ’19, treasurer/secretary. Click the link above for a brief bio on the current board members. Along with elected board members, there are advisory members Rick Ubinger and Perry Giovannelli ’91. The Foundation also has four Emeritus Board members: Tim Rupert ’68, Terry Dunlap ’81, William Shipley ’75, and Regina Stover ’75. Betsy Lauber serves as the executive director of the Foundation.

Registration and Financial Information

The official registration and financial information of the Foundation for Âé¶¹ÊÓÆµ may be obtained from the Pennsylvania Department of State by calling 800-732-0999 (toll-free in-state) or 717-783-1720. Registration does not imply endorsement.

The Foundation for Âé¶¹ÊÓÆµ is a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code of 1954, as amended. Gifts made to the Foundation are deductible as charitable contributions under Section 170 of the Internal Revenue Code.

News

Âé¶¹ÊÓÆµ Celebration Weekend Honors Alumni Volunteers, Distinguished Alumni Award Recipients

Âé¶¹ÊÓÆµ alumni and friends were recognized during the university’s annual Celebration Weekend with two events on April 5.

Foundation for Âé¶¹ÊÓÆµ Commits $20 Million to Proposed College of Osteopathic Medicine

The Foundation for Âé¶¹ÊÓÆµ has committed $20 million to support Âé¶¹ÊÓÆµâ€™s proposed college of osteopathic medicine.

Richard Caruso, Âé¶¹ÊÓÆµ Alumnus, Donates $1 Million to Âé¶¹ÊÓÆµ School of Osteopathic Medicine

Rich Caruso, a 1983 accounting graduate of Âé¶¹ÊÓÆµ, is donating $1 million to Âé¶¹ÊÓÆµ to advance Âé¶¹ÊÓÆµâ€™s establishment of a school of osteopathic medicine.