2026-05-05T08:57:37+00:00 2025-06-30 440160260 Forvis Mazars LLP 111 E Wayne Street Suite 600 Fort Wayne IN 46802 990 2024-07-01 382410852 Kettering University KETT 8107629925 1700 UNIVERSITY AVENUE FLINT MI 485046214 ROBERT K MCMAHAN PRESIDENT 2026-05-05 true true Lauren Denton P01571860 2604604000 2026-05-05 2024 2025-03-06 01:10:19Z ROBERT K MCMAHAN 1700 UNIVERSITY AVENUE FLINT MI 485046214 110129605 false X WWW.KETTERING.EDU X 1982 MI KU PREPARES STUDENTS FOR LIVES OF EXTRAORDINARY LEADERSHIP AND SERVICE BY LINKING TRANSFORMATIVE EXPERIENTIAL LEARNING OPPORTUNITIES TO RIGOROUS ACADEMIC PROGRAMS. 22 21 920 515 321225 29642 17183804 24579327 66995905 66524637 3989880 6926269 154844 147019 88324433 98177252 27589707 29198524 0 37479133 36395295 0 2639572 30158251 35692341 95227091 101286160 -6902658 -3108908 279070815 282732848 47913121 47810984 231157694 234921864 X SEE SCHEDULE O. false false 52948906 29153153 56125665 UNDERGRADUATE INSTRUCTION. DELIVERED 40,940 UNDERGRADUATE STUDENT HOURS OF INSTRUCTION (ONE CREDIT HOUR REPRESENTS 10 HOURS OF INSTRUCTION FOR ONE STUDENT). AWARDED 478 BACCALAUREATE DEGREES IN 11 DIFFERENT PROGRAMS. 3027935 3027935 GOVERNMENT GRANTS AND CONTRACTS 2989872 4983282 GRADUATE INSTRUCTION. DELIVERED 5,144 GRADUATE STUDENT CREDIT HOURS (ONE CREDIT HOUR REPRESENTS 10 HOURS OF INSTRUCTION FOR ONE STUDENT). AWARDED 101 MASTER'S DEGREES IN 7 DIFFERENT PROGRAMS. 29320931 2387755 ALL OTHER PROGRAM SERVICES INCLUDES ACADEMIC SUPPORT, STUDENT SERVICES, INSTITUTIONAL SERVICES, AND AUXILIARY SERVICES. 29320931 2387755 88287644 true true false false false false false true false true true true false false true true true false true true true false false false false false false true true true true false true false false false false false false false false true false false false false true false false false false true X 1989 0 true 920 true true true true EI JE LU MX RP SP AE CA CJ CH GM GI false false false true true false false false true false false false X 22 21 false false false false false false false true true false false false true true true true true true true false false false X MARSHA BEWERSDORF 8107629790 1700 UNIVERSITY AVENUE FLINT MI 485046214 Carla J Bailo Board Chair 2.0 X X 0 0 0 Jacqueline A Dedo Board Secretary 2.0 X X 0 0 0 Raj Nair Board Vice Chair 2.0 X X 0 0 0 Robert K McMahan Jr President 80.0 X X 725612 0 292269 Brady Ericson Board Member 2.0 X 0 0 0 Bruce Coventry Board Member 2.0 X 0 0 0 Charles F Kettering III Board Member 2.0 X 0 0 0 Charles F Kettering IV Board Member 2.0 X 0 0 0 Charles Gray Board Member 2.0 X 0 0 0 David Kazyak Board Member 2.0 X 0 0 0 David S Hoyte Board Member 2.0 X 0 0 0 Diana D Tremblay Board Member 2.0 X 0 0 0 Gerald Johnson Board Member 2.0 X 0 0 0 Henio R Arcangeli Jr Board Member 2.0 X 0 0 0 Jane E Boon Board Member 2.0 X 0 0 0 Jeffrey J Owens Board Member 2.0 X 0 0 0 Jesse M Lopez Board Member 2.0 X 0 0 0 John W Moyer Board Member 2.0 X 0 0 0 Lizabeth A Ardisana Board Member 2.0 X 0 0 0 Machelle A McAdory Board Member 2.0 X 0 0 0 Marjorie Sorge Board Member 2.0 X 0 0 0 Philip Dutcher Board Member 2.0 X 0 0 0 Raymond E Scott Board Member 2.0 X 0 0 0 Sean McBurney Board Member 2.0 X 0 0 0 Walter G Borst Board Member 2.0 X 0 0 0 DONALD ROCKWELL UNIVERSITY COUNSEL 55.0 X 168922 0 28872 JAMES ZHANG PROVOST 55.0 X 302279 0 51840 MARSHA BEWERSDORF VP ADMINISTRATION & FINANCE 55.0 X 298648 0 51356 SCOTT GRASMAN DEAN OF COLLEGE OF ENGINEERING 55.0 X 217072 0 21216 JENNIFER PATTERSON VP UNIVERSITY ADVANCEMENT & EXTERNAL RELATIONS 55.0 X 253102 0 41816 JENNIFER UMBERGER VP UNIVERSITY MARKETING & COMMUNICATIONS 55.0 X 220874 0 39147 KATHRYN SVINARICH ASSOCIATE PROVOST 55.0 X 247957 0 24178 MEHRDAD ZADEH PROFESSOR OF COMPUTER ENGINEERING 55.0 X 180211 0 36186 Paul Zang PROFESSOR OF MECHANICAL ENGINEERING 55.0 X 170292 0 16983 2784969 0 603863 39 false true false Creative Dining Services Inc 1 Royal Park Dr Ste 3 Zeeland MI 494642243 Dining Services 2856757 Carnegie Dartlet LLC 210 Littleton Rd Westford MA 018863513 Marketing Services 2532163 Keypath Education LLC 1501 E Woodfield Rd Ste 204N Schaumburg IL 60173 Recruitment Services 1138178 Ellucian Company LLC 4 Country View Rd Malvern PA 19355 Software Services 986599 Weather Shield Roofing Systems Inc 1181 58th St SW Wyoming MI 49509 Construction Services 490456 5 3027935 21551392 6931927 24579327 TUITION- UNDERGRADUATE 611310 56125665 56125665 TUITION- GRADUATE 611310 4983282 4983282 RESEARCH 611310 1008919 1008919 AUXILIARY SERVICES 611310 4406771 4406771 0 0 0 0 66524637 1105942 321225 784717 147019 147019 0 147019 147019 17772680 11952353 5820327 0 5820327 5820327 0 0 0 0 0 98177252 66524637 321225 6752063 45371 45371 29153153 29153153 1675900 1504650 171250 26625519 20585606 4467552 1572361 2253137 1638864 475460 138813 3795322 2760604 800894 233824 2045417 1354852 534512 156053 75547 6393 69154 64120 64120 131110 131110 8796111 7819495 897302 79314 1407242 1402112 5130 1602135 1454402 123318 24415 2801650 2800672 978 742993 546764 138508 57721 120023 100109 18322 1592 1376476 1374077 2399 12623140 12623140 739569 739569 Maintenance 3444093 3164514 108978 170601 Miscellaneous 1341115 1050640 265211 25264 Equipment 279712 259571 11777 8364 Student Clubs 147305 147305 0 0 0 0 101286160 88287644 10358944 2639572 1800 1800 8948484 8694133 1691692 2789237 2224386 2367456 0 0 0 0 0 0 2257151 1103390 259905747 124019388 139494044 135886359 76340381 85540192 43264305 41743325 0 4848572 4606956 279070815 282732848 3664175 2245075 0 1717202 1207606 38077544 37374946 0 0 0 0 133330 88883 4320870 6894474 47913121 47810984 X 115790372 107091721 115367322 127830143 231157694 234921864 279070815 282732848 X -3108908 6571904 301174 X false true true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 120713853 3676973 13159388 2407400 2469495 131110 132542209 110070876 2322774 12854363 2081410 2327750 125000 120713853 102189065 1356027 10540919 1829791 2060344 125000 110070876 110952886 2836684 -8300247 1572205 1603005 125048 102189065 88333064 3600068 22908027 1950019 1813254 125000 110952886 0.1 0.53 0.37 false false 7860867 7860867 198868935 92651394 106217541 36616050 23911961 12704089 16559895 7456033 9103862 135886359 Closely-held equity interests Financial derivatives ACADIAN GLOBAL MGD VOLATILITY 5402294 F ARCLIGHT ENERGY PARTNERS VI 665891 F ARCLIGHT ENERGY PARTNERS VII 1779767 F ARROWGRASS INTERNATIONAL FUND 41347 F COATUE GROWTH FUND V 1544683 F COLUMBIA CAPITAL EQ PARTNERS V 2120339 F DRIVE CAPITAL OVERDRIVE II 1515687 F ENCAP ENERGY CAP FUND XI, LP 1333733 F H.I.G. ADVANTAGE BUYOUT FUND 3271273 F HENDERSON PARK REAL EST FUND I 2963813 F HENDERSON PARK REAL EST FND II 1679132 F MARATHON DISTRESSED CREDIT FND 775293 F MB SPECIAL OPP. FUND II 825112 F OAK HILL CAPITAL PARTNERS IV 420280 F OAK HILL CAPITAL PARTNERS V 2505580 F OAK HILL STRATEGIC CAPITAL CREDIT FUND II 612584 F PALOMA INTERNATIONAL LIMITED PARAMETRIC DEFENSIVE EQ FUND 5093735 F RIMROCK HIGH INCOME PLUS FUND WALTON STREET RE FUND VIII LP 555439 F WARBURG PINCUS GLOBAL GROWTH 2385682 F WARBURG PINCUS PRIVATE EQ XII 1213850 F WCP REAL ESTATE FUND IV, LP 88479 F QUANTUM ENERGY PARTNERS 1404730 F HPS Specialty Loan Fund VI 446333 F Dove Feeder Fund SPV Ltd 1427192 F Center Oak Equity Partners III 9675 F John Hancock Asset Based Lending Fund 1501471 F Arclight Capital VIII Renewables Fund 71103 F Rimrock High Income PLUS (Cayman) Fund LTD 88828 F 41743325 Federal Income Taxes GIFT ANNUITITES 256089 ASSET RETIREMENT OBLIGATION 3529568 ACCRUED EXPENSE & OTHER LIABILITIES 3108817 6894474 X 75897178 6571904 301174 6873078 69024100 29153152 29153152 98177252 72133008 0 0 72133008 29153152 29153152 101286160 Schedule D, Part III, Line 1a Collections of art - financial statement footnote THE UNIVERSITY HOLDS A HISTORICAL COLLECTION WITH AN APPROXIMATE VALUE OF $1,200,000 THAT HAS NOT BEEN CAPITALIZED AS ANY PROCEEDS FROM THE SALE OF ITEMS WOULD BE REINVESTED IN THE COLLECTION. Schedule D, Part III, Line 4 Collections of art - description of collections SINCE 1973, GMI AND KETTERING UNIVERSITY HAVE ASSISTED IN CREATING ONE OF THE LARGEST AUTOMOTIVE ARCHIVES IN THE COUNTRY THAT ATTRACTS RESEARCHERS FROM AROUND THE GLOBE. THEY ASSISTED THE UNIVERSITY IN RECEIVING THE CHARLES KETTERING COLLECTION, WHICH ATTRACTS MANY RESEARCHERS, WITH ITS HUNDREDS OF PATENTS AND DOCUMENTS RELATED TO THE GASOLINE, FREON, JET FUEL, AND FAST DRYING PAINT, TO NAME ONLY A FEW SUBJECT AREAS. THE FRIGIDAIRE COLLECTION, ANOTHER GENERAL MOTORS DIVISION, SHOWCASES THE ADVANCEMENT OF REFRIGERATION IN THE 20TH CENTURY AND HIGHLIGHTS THE ADVANCEMENT OF TECHNOLOGY IN THE HOME. ADDITIONALLY, ALUMNI HAVE ASSISTED THE UNIVERSITY IN OBTAINING THE PHOTOGRAPH COLLECTION OF AC SPARK PLUG, WITH AN ESTIMATED COLLECTION OF 40,000 NEGATIVES. Schedule D, Part V, Line 4 Intended uses of endowment funds THE KETTERING UNIVERSITY ENDOWMENT FUND IS USED FOR A VARIETY OF PURPOSES, INCLUDING STUDENT SCHOLARSHIPS, INSTRUCTIONAL CHAIRS, AND SUPPORT FOR SPECIFIC PROGRAMS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 CHANGE IN FAIR VALUE OF BENEFICIAL INTEREST - 301174 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements GRANTS AND SCHOLARSHIPS - 29153152 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements GRANTS AND SCHOLARSHIPS - 29153152 true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY IN PUBLIC RELATIONS RELEASES AND INTERVIEWS WITH THE MEDIA, THE POLICY OF NON-DISCRIMINATION IS MADE CLEAR. ALL PUBLISHED RECRUITING MATERIALS FOR BOTH STUDENTS AND EMPLOYEES CARRY A STATEMENT WHICH DECLARES THE INSTITUTIONS POLICY OF NON-DISCRIMINATION. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT KETTERING UNIVERSITY RECEIVES MULTIPLE FEDERAL AND STATE GRANTS. North America (Canada & Mexico only) 1 Program Services Online Instructor, Reimbursement for Supplies Purchased, Software Subscription, Enrollment Refund 12983 Europe (Including Iceland and Greenland) 4 Program Services International Studies, Online Instructor 83678 East Asia and the Pacific 2 Program Services Supplier, International Stipend to Student 2193 Middle East and North Africa 1 Program Services Instruction Support 7000 Central America and the Caribbean Investments 4072139 Europe (Including Iceland and Greenland) Investments 5418238 0 8 0 0 0 8 9596231 0 9596231 true false false true true false true Flint & Genesee Group 519 S Saginaw Street RMSTE 200 Flint MI 48502 203904349 501C6 11000 Support 1 GRANTS AND SCHOLARSHIP ASSISTANCE 1271 29153153 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds SCHOLARSHIPS ARE GIVEN TO INDIVIDUALS BASED ON NEED AND MERIT TO AID WITH TUITION AND FEES. SCHOLARSHIPS ARE A REDUCTION OF TUITION AND FEES AND PROVIDED DIRECTLY BY THE UNIVERSITY. RECORDS ARE MAINTAINED FOR ELIGIBILITY AND THE SELECTION CRITERIA. X X true true X X X X true true false false false false false false false Robert K McMahan Jr President 602343 0 70000 0 53269 0 231050 0 61219 0 1017881 0 0 0 JAMES ZHANG PROVOST 299957 0 0 0 2322 0 27900 0 23940 0 354119 0 0 0 MARSHA BEWERSDORF VP ADMINISTRATION & FINANCE 297406 0 0 0 1242 0 27450 0 23906 0 350004 0 0 0 DONALD ROCKWELL UNIVERSITY COUNSEL 157203 0 9000 0 2719 0 14396 0 14476 0 197794 0 0 0 SCOTT GRASMAN DEAN OF COLLEGE OF ENGINEERING 216062 0 0 0 1010 0 18866 0 2350 0 238288 0 0 0 KATHRYN SVINARICH ASSOCIATE PROVOST 244472 0 0 0 3485 0 22050 0 2128 0 272135 0 0 0 JENNIFER PATTERSON VP UNIVERSITY ADVANCEMENT & EXTERNAL RELATIONS 250480 0 0 0 2622 0 22500 0 19316 0 294918 0 0 0 JENNIFER UMBERGER VP UNIVERSITY MARKETING & COMMUNICATIONS 219749 0 0 0 1125 0 20250 0 18897 0 260021 0 0 0 MEHRDAD ZADEH PROFESSOR OF COMPUTER ENGINEERING 177997 0 1394 0 820 0 9398 0 26788 0 216397 0 0 0 Paul Zang PROFESSOR OF MECHANICAL ENGINEERING 48873 0 0 0 121419 0 4900 0 12083 0 187275 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use RESIDENCE IS PROVIDED TO THE PRESIDENT IN WHICH HE IS REQUIRED BY THE BOARD OF TRUSTEES TO RESIDE AS A CONDITION OF EMPLOYMENT. THE ESTIMATED VALUE OF $36,151 OF THIS BENEFIT IS REPORTED ON SCHEDULE J, PART II, COLUMN D. Schedule J, Part I, Line 4a Severance or change-of-control payment PAUL ZANG RECEIVED SEVERENCE IN THE AMOUNT OF $115,906 FOR THE YEAR. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan President McMahan participates in a deferred compensation plan approved by the Board of Trustees. Payment from the plan is made at the end of the contract term, if the agreement terms are met. During the year ended June 30, 2025, the organization contributed $50,000 to the plan. Total contributions to date are $200,000. This amount is included in Schedule J, Part II, Line 1, Column (C). Schedule J, Part II COLUMN B(II) AMOUNT SHOWN IN PERFORMANCE-BASED BONUS PAID TO PRESIDENT ROBERT K. MCMAHAN AS SOLELY DETERMINED BY THE BOARD OF TRUSTEES. A MICHIGAN FINANCE AUTHORITY 800596186 594479FQ5 2020-06-30 40002602 PROVIDE FUNDS TO REFUND PRIOR ISSUE false false false A 1760000 16485000 40002602 1583633 14973410 429667 1857084 23016031 2022 true false false true A false false false false false false 0.0 0.0 0.0 false false 0 false true A false true false false false false 0 false false false 0 false false true A true 1 53565 Market value 14 518504 Market value 1 3500 Market value X EQUIPMENT 3 88344 Market value X TRAVEL 7 9855 Market value X Software 1 6258159 Market value 0 false true false Schedule M, Part I EXPLANATIONS OF REPORTING METHOD FOR NUMBER OF CONTRIBUTIONS SECURITIES - PUBLICLY TRADED - NUMBER OF CONTRIBUTIONS OTHER - TRAVEL NUMBER OF CONTRIBUTIONS OTHER - SOFTWARE NUMBER OF CONTRIBUTIONS OTHER - EQUIPMENT/SUPPLIES NUMBER OF CONTRIBUTIONS Form 990, Part I, Line 6 TOTAL NUMBER OF VOLUNTEERS During the reporting year, the organization had 515 volunteers, including members of the governing body and individuals who assisted with various events and initiatives. This figure represents the total number of volunteer instances rather than unique individuals, as some volunteers participated in multiple events throughout the year. The organization does not track the total hours contributed by these volunteers but has provided this estimate based on participation records from event sign-ups. Form 990, Part III, Line 1 ORGANIZATION'S MISSION Kettering University prepares students for lives of extraordinary leadership and service by linking transformative experiential learning opportunities to rigorous academic programs in engineering, science, mathematics and business. Founded in 1919 by a group of Flint leaders with a vision for transforming the automobile industry, Kettering University today offers 9 undergraduate degrees, 10 graduate degrees, and a variety of concentrations and minors that allow it to deliver an education that couples theory and practice better than any other institution in the world. The University is dedicated to achieving the extraordinary through technological innovation, leadership and service. Through growth, global leadership, community outreach and an engaged community of stakeholders the University strives to fulfill its mission. The University's actions are imbued by a set of values that foster respect, integrity, creativity, collaboration and excellence. Form 990, Part III, Line 4d Description of other program services (Expenses $ 29,320,931 including grants of $)(Revenue $ 2,387,755) ALL OTHER PROGRAM SERVICES INCLUDES ACADEMIC SUPPORT, STUDENT SERVICES, INSTITUTIONAL SERVICES, AND AUXILIARY SERVICES. Form 990, Part VI, Line 11b Review of form 990 by governing body KETTERING UNIVERSITY REVIEWS THE COMPLETED FORM 990 WITH THE COMMITTEE FOR AUDIT AND COMPLIANCE AND PROVIDES AN ELECTRONIC COPY TO ALL BOARD OF TRUSTEE MEMBERS PRIOR TO FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFLICT OF INTEREST AND CONFLICT OF COMMITMENT DISCLOSURES FORM IS REQUIRED TO BE COMPLETED BY ALL FULL-TIME EMPLOYEES AND TRUSTEES ANNUALLY AND THEN SUBSEQUENTLY UPDATED WHEN A CHANGE OCCURS RELATIVE TO THE INFORMATION MOST RECENTLY PROVIDED. COMPLETED DISCLOSURE FORMS SUBMITTED BY FACULTY AND STAFF ARE REVIEWED BY HUMAN RESOURCES AND FORMS SUBMITTED BY TRUSTEES ARE REVIEWED BY THE PRESIDENT'S OFFICE. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD OF TRUSTEES HIRED A SEARCH FIRM TO CONDUCT THE PRESIDENTIAL SEARCH. BENCHMARKING AND MARKET DATA WERE USED TO DETERMINE THE COMPENSATION PACKAGE OFFERED AND CONTRACT RENEWALS. ALL INCREASES TO COMPENSATION ARE REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE AND THE BOARD OF TRUSTEES. Form 990, Part VI, Line 19 Required documents available to the public KETTERING UNIVERSITY'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY (CODE OF ETHICS) ARE AVAILABLE FOR PUBLIC INSPECTION IN THE OFFICE OF ADMINISTRATION AND FINANCE. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN FAIR VALUE OF BENEFICIAL INTEREST - 301174; Total - 301174; CHARITABLE REMAINDER TRUST (1) TRUST MI KETTERING Trust true false false false false false false false false false false false false false false false false false false false