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Education · MA

Fitchburg State University Foundation Inc

Fitchburg State University Foundation Inc's latest filing in the PeerBasis snapshot reports a Part VII D + F figure of $24,148 for Richard S Lapidus, President (FY 2024). Column F can include amounts from the filing and related organizations.

After indexing supported filing years to 2025 comparison dollars, the subject figure is $24,783. It is higher than the D + F figure for 2 of 39 peer organizations selected under the disclosed tier Same NTEE sector (B42), nationwide + size band 0.71–1.4× revenue (approximately 5%; median $129,317). This is descriptive, not a reasonableness conclusion.

$4,334,913Total revenue (FY 2024)
$24,148Reported Part VII D + F figure
2 / 39Selected peers with a strictly lower 2025-dollar figure (approximately 5%)

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Review the selected comparables for Fitchburg State University Foundation Inc, then prepare a source-linked report and bracketed documentation worksheet for the board to verify and complete.

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Selected peer organizations

Actual selection tier: Same NTEE sector (B42), nationwide + size band 0.71–1.4× revenue. Displayed D + F figures from supported filing years are indexed to 2025 comparison dollars with BLS CPI-U; a nationwide tier also uses 2024 BEA RPP as a consumer price-level proxy when both the subject and peer have supported state codes. Unsupported state codes receive no interstate adjustment. Comparison values can differ from the raw filing. Column F may include related-organization amounts.

OrganizationStateRevenueD + F (2025 dollars)
Rhode Island College Foundation RI$4,271,503 $117,361
Army War College Foundation Inc PA$4,260,122 $116,817
Herbert Lehman College Foundation Inc NY$4,420,710 $72,807
Great Lakes Colleges Association Inc MI$4,238,706 $344,608
Intercollegiate Center For Classical Studies TN$4,166,150 $221,132
California College CA$4,143,217 $66,445
Cazenovia College NY$4,116,377 $245,134
Great Lakes Bible College MI$4,649,588 $90,590

View the organization record and available filings on ProPublica