Kansas Independent College Fund (KICF)

KICF develops, promotes, and directs unified approaches to selected corporations, foundations, and individuals for financial support of our member institutions. KICF, founded in 1952, is a 501 (c) (3) not-for-profit Kansas corporation: 2016-17 KICF Annual Report (PDF)

Leadership

A president, working with a trustee board composed member college and university presidents leads KICF.

Membership

Two- and four-year privately controlled non-profit institutions of higher education comprise KICF. All 19 member colleges and universities are accredited by the Higher Learning Commission of the North Central Association of Colleges and Postsecondary Schools.

Distribution of Funds

Members share equally in 60 percent of undesignated funds, with 40 percent of the funds distributed on the basis of full-time equivalent enrollment. Members may also receive designated gifts.

Financial Controls

KICF accounting records undergo an independent annual audit. Copies of the audit are available on request.

Operating Budget

KICF operates on a fiscal year beginning July 1 and ending June 30. The annual operating budget is determined by the board of trustees and is underwritten by a system of dues and assessments from member colleges and universities.

Affiliations

KICF is one of 37 state and regional funds and foundations.