SLIPPERY ROCK UNIVERSITY FOUNDATION, INC.

What SLIPPERY ROCK UNIVERSITY FOUNDATION, INC. does

Slippery Rock University Foundation, Inc. is an independent 501(c)(3) nonprofit foundation established in May 1970 and headquartered at 1 Morrow Way, Slippery Rock, Pennsylvania. The organization functions as the primary fundraising and asset-management arm for Slippery Rock University (SRU), channeling charitable gifts from alumni, families, friends, corporations, and foundations into scholarships, academic programming, athletics, and campus facilities. Between 2011 and 2021 the foundation disbursed approximately $30.4 million in scholarships to 20,470 students and currently awards roughly 470 scholarships per year (298 of which are endowed), with annual private scholarship disbursement of about $2 million.

The foundation operates three core wholly-owned subsidiaries: SRUF Student Housing LLC (established 2016), which provides on-campus housing for 2,074 students across six LEED-style residence halls totaling 742,836 square feet; Storm Harbor Equestrian Center, a therapeutic riding facility offering adaptive riding for children and adults with disabilities; and Slippery Rock Technology Park, a 39-acre commercial development adjacent to the SRU campus. Revenue is generated through a hybrid of charitable donations (via online, mail, phone, payroll deduction, and corporate matching gift channels), housing rents, Technology Park tenancy/sales, and signature fundraising events including the Scholarship Dinner, Celebration of Giving, and Sunset Serenade. Donor stewardship is delivered through tiered recognition societies (Founders' Society, The 1889 Society for planned giving, and an eight-tier Lifetime Giving Society ranging from $5,000 to $1,000,000).

The foundation is governed by a self-electing volunteer board of 16-plus senior executives from organizations including Johnson & Johnson, Pfizer/Wyeth, Campbell University, Macy's, KPMG, and Windtree Therapeutics, with each director serving three-year terms; the board has maintained 100% financial participation for over 10 consecutive years. The foundation employs four full-time staff members (Executive Director, Executive Staff Assistant, Director of Finance, Fiscal Specialist) and serves an 8,850-student university population where 85% require some form of financial aid. Pricing and giving tiers range from $250 annual Letterman's Club memberships through Diamond-level $25,000 event sponsorships and $1,000,000 donor-society recognition, with no disclosed external funding rounds and no parent company.

Name

SLIPPERY ROCK UNIVERSITY FOUNDATION, INC.

Legal name

Slippery Rock University Foundation, Inc.

Website

https://srufoundation.org

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

11–50 employees

Short description

Slippery Rock University Foundation, Inc. is an independent 501(c)(3) nonprofit founded in 1970 that raises and stewards charitable funds to support Slippery Rock University students through scholarships, donor recognition societies, and three subsidiaries providing student housing, a therapeutic equestrian center, and a 39-acre technology park.

Ownership category

akta.pro rank

Product category

Higher Education Philanthropy and Fundraising

NAICS

Grantmaking Foundations (813211)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Education Grantmaking Foundations (BPAGAKAK)

akta.pro secondary industries

Scholarship & Fellowship Foundations and Trusts (EDADAHAC), Private Foundations (BPAGAKAA), College Access, Scholarships & Student Success Nonprofits (BPAGADAE)

Keywords

• Higher education fundraising
• Scholarship administration
• Alumni philanthropy
• Endowment management
• Nonprofit foundation services

Headquarters

HQ city

Slippery Rock

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Charitable Donations: The foundation generates revenue primarily through charitable gifts from alumni, family, friends, corporations, businesses, foundations, and organizations. Donations support scholarships, student and faculty research, cultural programming, equipment, facilities, and other university needs.
2. Student Housing Operations: SRUF Student Housing LLC, established in 2016, provides on-campus student housing with capacity for 2,074 students across 6 residence halls totaling 742,836 square feet.
3. Technology Park Development: The foundation developed Slippery Rock Technology Park, a 39-acre development adjacent to the SRU campus.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Slippery Rock University Foundation, Inc. is a 501(c)(3) nonprofit organization that solicits, manages, and disburses private philanthropic funds on behalf of Slippery Rock University. Its core activity is fundraising from alumni, parents, friends, and corporate partners to fund student scholarships, faculty support, academic programs, capital projects, and select university facilities such as student housing and the equestrian center.

Product overview

Slippery Rock University Foundation, Inc. is a 501(c)(3) nonprofit foundation that serves as the primary fundraising arm for Slippery Rock University. The organization offers a comprehensive suite of giving programs including annual and endowed scholarships (with 470 scholarships awarded annually), student housing through SRUF Student Housing LLC, and the Storm Harbor Equestrian Center for therapeutic riding. The Foundation manages donor recognition societies (The 1889 Society for planned giving, Lifetime Giving Society, and Founders' Society), hosts annual events (Scholarship Dinner, Sunset Serenade, Celebration of Giving), and provides planned giving vehicles such as bequests, charitable gift annuities, and trusts. Additional programs include the Rock Athletic Club membership and Rock Football Letterman's Club for donor engagement and athletics support.

Differentiator

Problem solved

Functional benefit

Brands

• Storm Harbor Equestrian Center: Therapeutic riding center providing support for rider scholarships and adaptive riding opportunities for children and adults with disabilities.
• Letterman's Club

Products and services

• Student Scholarships and Awards Need-based and merit-based scholarships funded through donor contributions and managed by the foundation on behalf of Slippery Rock University students.
• Endowed Fund Management Stewardship of donor-restricted endowments, including named endowments established by alumni and supporters to provide perpetual funding for university priorities.
• Annual Giving Program Year-round solicitation of unrestricted and current-use gifts from alumni, parents, and friends to support university operations and student experience.
• Planned Giving and Bequests Estate planning, charitable gift annuities, bequests, and other deferred giving vehicles that allow donors to contribute to the foundation over the long term.
• Equestrian Center Operations Support Philanthropic funding and oversight supporting the Slippery Rock University equestrian center, including facility, program, and competitive team support.
• University Housing Support Donor-funded support for Slippery Rock University student housing initiatives, including capital improvements and program enhancements.
• Fundraising Events and Galas Special events such as galas, reunions, and donor recognition programs that raise funds and steward donor relationships for the university.

Quantifiable outcome

• $2 million in private scholarships awarded annually to SRU students
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• SRUF Student Housing LLCcoreOthers · 1 January 2016SRU Foundation established SRUF Student Housing LLC in 2016 to provide quality on-campus housing for SRU students. The complex houses 2,074 students within 6 residence halls totaling 742,836 square feet, designed to US Green Building Council standards.
• Slippery Rock UniversitycoreStrategic or Co-development PartnerPrimary beneficiary of foundation activities; foundation supports university priorities in scholarships, academic programming, athletics, and facilities. The foundation works in collaboration with the University Advancement Office.
• Corporate Matching Gift EmployersminorGTM or Marketing PartnerVarious employers sponsor matching gift programs that match charitable contributions made by their employees to SRU, allowing donors to double or triple their gift impact.
• Rock Athletics / SRU AthleticsminorStrategic or Co-development PartnerFoundation supports Rock Athletics through donations that provide scholarships, facilities, and support for student athletics.
• Rock Football Letterman's ClubminorOthersNew alumni organization established for 2024 Rock Football season to perpetuate SRU football tradition, promote brotherhood, and provide scholarships for Rock Football athletes.
• Storm Harbor Equestrian CenterminorStrategic or Co-development PartnerSRU's therapeutic riding center providing adaptive riding opportunities for children and adults with disabilities. SRU students assist with lessons and gain field experience for future careers.

Scale indicators11 records

Recent moves7 records

Expansion highlights5 records

Others

• Council for Advancement and Support of Education (CASE): Industry association serving university advancement and fundraising professionals globally. Comparable as a peer organization supporting best practices, training, and benchmarking for university foundations like SRU Foundation.

Direct peers

• Penn State University Alumni Association / Penn State Fund for Excellence: Penn State-affiliated fundraising and alumni engagement organizations supporting the largest Pennsylvania public university system. Directly comparable as a university-affiliated 501(c)(3) foundation generating scholarship, endowment, and program support for a state-system university.
• California University of Pennsylvania Foundation: Another PASSHE-system university foundation with similar scholarship, endowment, and donor engagement functions. Directly comparable as a sister foundation within the same Pennsylvania State System serving a regional public university.
• Pennsylvania State System of Higher Education Foundation (PASSHE): System-level foundation supporting the 14 Pennsylvania state universities, including Slippery Rock. Direct peer as a state-system higher education foundation addressing declining state funding through private philanthropy for the same institutional constituency.
• Clarion University Foundation: Direct peer Pennsylvania State System university foundation, also serving a small regional PASSHE institution. Closely comparable structure, mission, and constituency to SRU Foundation given shared state-system affiliation and regional Pennsylvania geography.
• Indiana University Foundation: Major 501(c)(3) foundation supporting Indiana University with scholarship endowments, planned giving, and donor recognition societies. Comparable as a state university-affiliated foundation with multi-tier recognition programs and large-scale scholarship administration.
• Edinboro University Foundation: Pennsylvania State System university foundation with endowment, scholarship, and alumni giving programs. Closely comparable to SRU Foundation in scale, mission, and PASSHE-system context.
• Carnegie Mellon University Advancement: Fundraising arm of Carnegie Mellon University, a Pennsylvania-based private university. Comparable as a Pennsylvania-based university advancement operation managing scholarship endowments, major gifts, and planned giving for an academic institution.
• University of Pittsburgh Office of Institutional Advancement: University of Pittsburgh's central fundraising and alumni engagement operation, also serving a Pennsylvania public research university. Comparable as a regional university foundation managing scholarship endowments, annual giving, and planned giving programs for a Pennsylvania public institution.

Emerging players

• St. Andrews Charitable Foundation (SAM): Independent charitable foundation supporting scholarships and education access, similar in mission to SRU Foundation but operating at smaller scale and with a different beneficiary population. Comparable as a private scholarship-granting foundation.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/srufoundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SLIPPERY ROCK UNIVERSITY FOUNDATION, INC.