UNIVERSITY OF AKRON FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF AKRON FOUNDATION (EIN 34-6575496)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-04-25
- IRS object ID
- 202511159349302131
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-04-25T18:49:50-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4334 MUNSON STREET SUITE 200 | AddressLine1Txt |
| City | CANTON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44718 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 346575496 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE UNIVERSITY OF AKRON FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 3309725088 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 302 BUCHTEL COMMON | AddressLine1Txt |
| City | AKRON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 443256220 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MISTY VILLERS | PersonNm |
| Person Title | INTERIM CFO | PersonTitleTxt |
| Phone | 3309725088 | PhoneNum |
| Signature | 2025-04-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JENNIFER COLEMAN | PreparerPersonNm |
| PTIN | P00743188 | PTIN |
| Phone | 3304972000 | PhoneNum |
| Preparation | 2025-04-09 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KIMBERLY COLE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 302 BUCHTEL COMMON | AddressLine1Txt |
| City | AKRON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 443256220 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $46,927,929 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.UAKRON.EDU/TREASURER/UAF.DOT | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1966 | FormationYr |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Activity Or Mission | TO MANAGE PROPERTY, INVESTMENTS AND CERTAIN EXPENDITURES FOR THE BENEFIT OF THE UNIVERSITY OF AKRON. | ActivityOrMissionDesc |
| Voting Members Governing Body | 38 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 35 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 605 | TotalVolunteersCnt |
| Total Gross UBI | -$67,685 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $9,849,379 | PYContributionsGrantsAmt |
| CY Contributions Grants | $18,610,427 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $6,783,561 | PYInvestmentIncomeAmt |
| CY Investment Income | $7,749,973 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $16,632,940 | PYTotalRevenueAmt |
| CY Total Revenue | $26,360,400 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $13,684,494 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $18,921,858 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $800,905 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,112,596 | PYOtherExpensesAmt |
| CY Other Expenses | $5,921,536 | CYOtherExpensesAmt |
| PY Total Expenses | $18,797,090 | PYTotalExpensesAmt |
| CY Total Expenses | $24,843,394 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,164,150 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,517,006 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $251,625,335 | TotalAssetsBOYAmt |
| Total Assets EOY | $277,324,523 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,976,164 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,353,031 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $242,649,171 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $267,971,492 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF THE UNIVERSITY OF AKRON FOUNDATION (UAF) IS TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF AKRON (UA), INCLUDING BUT NOT LIMITED TO RECEIVING, HOLDING, INVESTING, AND ADMINISTERING PROPERTY FOR THE BENEFIT OF UA, AND BY MAKING EXPENDITURES TO OR FOR THE BENEFIT OF UA. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $7,847,860 | ExpenseAmt |
| Grant | $7,847,860 | GrantAmt |
| Desc | ACADEMIC SUPPORT: THE UNIVERSITY OF AKRON FOUNDATION PROVIDES MANY OPPORTUNITIES FOR STUDENTS AND FACULTY TO GROW AND EXCEL THROUGH ACADEMIC SUPPORT. DURING THE FISCAL YEAR ENDED JUNE 30, 2024, THE FOUNDATION HELPED FUND APPROXIMATELY 78 COLLEGE AND DEPARTMENT ACCOUNTS, 15 ACADEMIC CHAIR ACCOUNTS, 14 LECTURESHIP ACCOUNTS, 13 FELLOWSHIP ACCOUNTS, 13 INTERNSHIP ACCOUNTS, 8 PROFESSORSHIP ACCOUNTS, 5 INSTITUTE ACCOUNTS, 2 PRE-COLLEGE PROGRAM ACCOUNTS, AND 2 CENTER ACCOUNTS. DURING THE FISCAL YEAR ENDED JUNE 30, 2024, THE FOUNDATION THROUGH ITS ENDOWMENTS FUNDED APPROXIMATELY $3.6 MILLION FOR SCHOLARSHIPS, $2.8 MILLION FOR CHAIRS, PROFESSORSHIPS, AND INTERNSHIPS, AND $0.4 MILLION FOR FACILITY IMPROVEMENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $5,915,333 | ExpenseAmt |
| Grant | $5,915,333 | GrantAmt |
| Desc | STUDENT FINANCIAL AID: ONE OF THE FOUNDATION'S OBJECTIVES IS TO ASSIST THE UNIVERSITY OF AKRON WITH FUNDING FOR STUDENT FINANCIAL AID. DURING THE FISCAL YEAR ENDED JUNE 30, 2024, THE FOUNDATION PROVIDED FUNDING FOR MORE THAN 1,000 SCHOLARSHIP ACCOUNTS WITHIN THE UNIVERSITY OF AKRON. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,093,736 | ExpenseAmt |
| Grant | $4,093,736 | GrantAmt |
| Desc | PHYSICAL IMPROVEMENTS AND OPERATIONAL SUPPORT: THE UNIVERSITY OF AKRON FOUNDATION CONTINUES TO SUPPORT THE UNIVERSITY OF AKRON CAMPUS ENHANCEMENTS BY FUNDING OR HELPING TO FUND PHYSICAL IMPROVEMENTS. DURING THE FISCAL YEAR ENDED JUNE 30, 2024, THE FOUNDATION PROVIDED THE FOLLOWING:1) $500,000 FOR UA FOOTBALL STADIUM 2) $362,532 FOR EJ THOMAS RENOVATIONS3) $137,844 ATHLETIC TRACK RENOVATION | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,064,929 | ExpenseAmt |
| Grant | $1,064,929 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | AUXILLIARY PROGRAMS: THE UNIVERSITY OF AKRON FOUNDATION PROVIDED DONOR-DESIGNATED FINANCIAL ASSISTANCE TO THE ATHLETIC PROGRAM, THE PERFORMING ARTS HALL AT THE UNIVERSITY OF AKRON, AND EJ THOMAS PERFORMANCE HALL. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,064,929 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $1,064,929 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $18,921,858 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 2 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 38 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 35 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARRY JUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3309725088 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 302 BUCHTEL COMMON | AddressLine1Txt |
| City | AKRON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44325 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (39 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt |
|---|---|---|---|---|---|---|---|
| PHILIP A LLOYD | |||||||
| DIRECTOR AND CHAIR | 1.40 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KATHRYN W DINDO | |||||||
| DIRECTOR AND VICE CHAIR | 0.90 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOHN WIENCEK | |||||||
| EX-OFFICIO DIRECTOR | 0.40 | Yes (X) | Yes (X) | $0 | $351,270 | $48,869 | 39.60 |
| GARY L MILLER | |||||||
| EX-OFFICIO DIRECTOR | 0.40 | Yes (X) | Yes (X) | $0 | $527,440 | $47,484 | 39.60 |
| DALLAS GRUNDY | |||||||
| EX-OFFICIO DIRECTOR | 0.40 | Yes (X) | Yes (X) | $0 | $253,965 | $31,979 | 39.60 |
| IRVIN J MUSSON | |||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| PAMELA S WILLIAMS | |||||||
| DIRECTOR AND VICE CHAIR | 0.90 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CHRISTOPHER T TEODOSIO | |||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| DURIYA A DHINJWALA | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| HALLE G JONES CAPERS | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| GLEN L STEPHENS | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| MARLENE K TOOT | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN C LAYMAN | |||||||
| DIRECTOR | 0.40 | Yes (X) | $0 | $0 | $0 | ||
| JAMES D MCCOOL | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| REBECCA SLAYMAN-GALLAGHER | |||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| JOESPH E REECE | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| PHILIP S THOMPSON | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| SANDRA PIANALTO | |||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM H SKEELES | |||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| THEODORA MUSSON | |||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL D CROME | |||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| RAYMOND K LEE | |||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| RAJKUMAR MAKAM | |||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| JENIFER MEADE | |||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| NAOMI D GANOE | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| JOHN R ADAMS | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| FRANK P BEVILACQUA | |||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| ANTHONY J ALEXANDER | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| SAMUEL D DESHAZIOR | |||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| CARINA S DIAMOND | |||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | ||
| LARRY W ALLEN | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| DENNIS H GARTMAN | |||||||
| DIRECTOR | 0.80 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER V GOFF | |||||||
| DIRECTOR | 0.10 | Yes (X) | $0 | $0 | $0 | ||
| DAVID M GRUBB | |||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| KEITH A CLINE | |||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| STEVEN S COX | |||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| LAURA DUDA | |||||||
| DIRECTOR | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| JOSEPH M GINGO | |||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | ||
| KIMBERLY M COLE | |||||||
| EXECUTIVE DIRECTOR | 10.00 | Yes (X) | $0 | $176,577 | $28,792 | 30.00 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,309,252 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $157,124 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BLACKBAUD INC | |||||
| PO BOX 930256 | ATLANTA | GA | 311930256 | SOFTWARE LICENSING | $231,200 |
| BUCKINGHAM DOOLITTLE & BURROUGHS LLC | |||||
| PO BOX 78000 | DETROIT | MI | 482781184 | LEGAL SERVICES | $134,273 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $392,903 | RelatedOrganizationsAmt |
| All Other Contributions | $18,217,524 | AllOtherContributionsAmt |
| Noncash Contributions | $987,326 | NoncashContributionsAmt |
| Total Contributions | $18,610,427 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,509,581 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | -$67,685 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,577,266 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $25,807,921 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $20,567,529 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,240,392 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,240,392 | TotalRevenueColumnAmt |
| Exclusion | $5,240,392 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,360,400 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | -$67,685 | UnrelatedBusinessRevenueAmt |
| Exclusion | $7,817,658 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,921,858 | TotalAmt |
| Program Services | $18,921,858 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $583,350 | TotalAmt |
| Management And General | $480,665 | ManagementAndGeneralAmt |
| Fundraising | $102,685 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $46,222 | TotalAmt |
| Management And General | $46,222 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,007 | TotalAmt |
| Management And General | $43,007 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,204,958 | TotalAmt |
| Management And General | $3,204,958 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $266,462 | TotalAmt |
| Management And General | $266,462 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,735 | TotalAmt |
| Management And General | $4,683 | ManagementAndGeneralAmt |
| Fundraising | $14,052 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,700 | TotalAmt |
| Management And General | $126,700 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,246 | TotalAmt |
| Management And General | $36,246 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,646 | TotalAmt |
| Management And General | $11,646 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| PUBLIC RELATIONS | $808,338 | $124,170 | $684,168 |
| PAYMENTS TO ANNUITANTS | $747,242 | $747,242 | |
| MISCELLANEOUS EXPENSES | $28,630 | $28,630 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,843,394 | TotalAmt |
| Program Services | $18,921,858 | ProgramServicesAmt |
| Management And General | $5,120,631 | ManagementAndGeneralAmt |
| Fundraising | $800,905 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,762,587 | BOYAmt |
| EOY | $6,074,570 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,954,784 | BOYAmt |
| EOY | $8,042,254 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,035,297 | BOYAmt |
| EOY | $12,563,598 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $648,639 | BOYAmt |
| EOY | $640,640 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,385,884 | BOYAmt |
| EOY | $2,203,263 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,332,423 | LandBldgEquipCostOrOtherBssAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,332,423 | BOYAmt |
| EOY | $1,332,423 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,102,133 | BOYAmt |
| EOY | $98,940,648 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $211,055,760 | BOYAmt |
| EOY | $147,180,099 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $347,828 | BOYAmt |
| EOY | $347,028 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $251,625,335 | BOYAmt |
| EOY | $277,324,523 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $547,771 | BOYAmt |
| EOY | $613,622 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $28,500 | BOYAmt |
| EOY | $28,500 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,000 | BOYAmt |
| EOY | $5,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,394,893 | BOYAmt |
| EOY | $8,705,909 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,976,164 | BOYAmt |
| EOY | $9,353,031 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,393,994 | BOYAmt |
| EOY | $11,763,677 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $232,255,177 | BOYAmt |
| EOY | $256,207,815 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $242,649,171 | BOYAmt |
| EOY | $267,971,492 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $251,625,335 | BOYAmt |
| EOY | $277,324,523 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,517,006 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $23,805,315 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,861,977 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,964,699 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,369,913 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,849,379 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,610,427 | CurrentTaxYearAmt |
| Total | $69,656,395 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,861,977 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,964,699 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $17,369,913 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,849,379 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $18,610,427 | CurrentTaxYearAmt |
| Total | $69,656,395 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $4,678,327 | SubstantialContributorsTotAmt |
| Public Support Total170 | $64,978,068 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,357,160 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,301,044 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,663,221 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,506,990 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,577,266 | CurrentTaxYearAmt |
| Total | $15,405,681 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,945 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $32,797 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus1 Year | -$37,592 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | -$67,685 | CurrentTaxYearAmt |
| Total | -$70,535 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $84,991,541 | TotalSupportAmt |
| Public Support CY170 | 0.76450 | PublicSupportCY170Pct |
| Public Support PY170 | 0.75060 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $195,940,613 | BeginningYearBalanceAmt |
| Contributions | $8,584,056 | ContributionsAmt |
| Investment Earnings Or Losses | $25,855,348 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,539,774 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,737,417 | OtherExpendituresAmt |
| Administrative Expenses | $2,993,017 | AdministrativeExpensesAmt |
| End Year Balance | $220,109,809 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $182,011,068 | BeginningYearBalanceAmt |
| Contributions | $6,549,336 | ContributionsAmt |
| Investment Earnings Or Losses | $16,769,097 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,148,249 | GrantsOrScholarshipsAmt |
| Other Expenditures | $3,525,427 | OtherExpendituresAmt |
| Administrative Expenses | $2,715,212 | AdministrativeExpensesAmt |
| End Year Balance | $195,940,613 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $193,044,771 | BeginningYearBalanceAmt |
| Contributions | $7,961,689 | ContributionsAmt |
| Investment Earnings Or Losses | -$10,892,762 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,358,946 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,584,250 | OtherExpendituresAmt |
| Administrative Expenses | $3,159,434 | AdministrativeExpensesAmt |
| End Year Balance | $182,011,068 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $151,414,946 | BeginningYearBalanceAmt |
| Contributions | $6,011,652 | ContributionsAmt |
| Investment Earnings Or Losses | $43,439,991 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $2,736,582 | GrantsOrScholarshipsAmt |
| Other Expenditures | $2,884,739 | OtherExpendituresAmt |
| Administrative Expenses | $2,200,497 | AdministrativeExpensesAmt |
| End Year Balance | $193,044,771 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $150,383,260 | BeginningYearBalanceAmt |
| Contributions | $7,740,194 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,308,033 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,634,199 | GrantsOrScholarshipsAmt |
| Other Expenditures | $1,112,987 | OtherExpendituresAmt |
| Administrative Expenses | $1,653,289 | AdministrativeExpensesAmt |
| End Year Balance | $151,414,946 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.02300 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.21200 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.76500 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,332,423 | OtherCostOrOtherBasisAmt |
| Book Value | $1,332,423 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,332,423 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INTEREST IN UA FOUNDATION FUND LP | Desc |
| Book Value | $147,180,099 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $147,180,099 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACTUARIAL LIABILITY FOR UNITRUST/AN | Desc |
| Amt | $8,705,909 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $8,705,909 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $46,213,515 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $23,805,315 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $23,805,315 | RevenueNotReportedAmt |
| Revenue Subtotal | $22,408,200 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $3,204,958 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $747,242 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $3,952,200 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $26,360,400 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $20,891,194 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $20,891,194 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $3,204,958 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $747,242 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $3,952,200 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $24,843,394 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | THE BALANCE ON FORM 990, PART X, LINE 21 REPRESENTS THE LIABILITY BALANCE THE FOUNDATION HOLDS RELATING TO A FISCAL AGENCY AGREEMENT. THE BALANCE IS MADE UP OF A DEPOSIT FROM ONE NOT-FOR-PROFIT ORGANIZATION. THE $5,000 REPRESENTS A DEPOSIT FROM AMERICAN LEGION POST 808. POST 808 MANAGES ALL DEPOSITS AND WITHDRAWALS IN THEIR RESTRICTED ACCOUNT. |
| PART V, LINE 4: | DISTRIBUTIONS FROM ENDOWMENT FUNDS ARE USED AS DONORS HAVE STIPULATED OR AS THE FOUNDATION BOARD HAS DESIGNATED. THIS INCLUDES, BUT IS NOT LIMITED TO SCHOLARSHIPS, FELLOWSHIPS, LECTURESHIPS, INTERNSHIPS, ACADEMIC CHAIRS, PROFESSORSHIPS, ASSISTANCE TO THE UNIVERSITY OF AKRON COLLEGES AND DEPARTMENTS, CAPITAL IMPROVEMENTS, AS WELL AS SUPPORT OF THE ATHLETIC PROGRAM, THE PERFORMING ARTS HALL, AND HOWER HOUSE. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | PAYMENTS TO ANNUITANTS 747,242. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | PAYMENTS TO ANNUITANTS 747,242. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE UNIVERSITY OF AKRON | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 302 BUCHTEL COMMON | AddressLine1Txt |
| City | AKRON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44325 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 346002924 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $18,921,858 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | SEE PART IV | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | UA IS THE SOLE BENEFICIARY OF ASSISTANCE FROM UAF. THE RESTRICTIONS DONORS PLACE ON THEIR CONTRIBUTIONS DETERMINE HOW FUNDS CAN BE USED FOR OR ON BEHALF OF UA. UAF REQUIRES THAT A UA RESTRICTED ACCOUNT BE SET UP FOR EACH DONOR RESTRICTION. THE CONTROLLER'S OFFICE AND RESPECTIVE DEPARTMENTS AT UA ARE SUPPLIED WITH COPIES OF THE DONOR AGREEMENT WHICH LISTS ANY RESTRICTIONS. THE UA ACCOUNT NUMBER IS AN ATTRIBUTE OF THE UAF ACCOUNT WITHIN UAF'S GENERAL LEDGER SYSTEM AND UAF'S ACCOUNT IS ALSO AN ATTRIBUTE OF THE UA ACCOUNT WITHIN UA'S ACCOUNTING DATABASE. THESE CORRESPONDING ATTRIBUTES ARE USED TO TRACK THAT THE FUNDS TRANSFERRED BY UAF ARE DEPOSITED INTO THE APPROPRIATE UA ACCOUNTS. THE EMPLOYEES IN THE CONTROLLER'S OFFICE USE THE DONOR AGREEMENTS TO CONFIRM EXPENDITURES MEET ANY DONOR RESTRICTIONS. |
| PART II, LINE 1H | THE UNIVERSITY OF AKRON FOUNDATION'S PURPOSE IS TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF UA. THE FUNDS TRANSFERRED TO UA ARE TO BE USED FOR MANY PURPOSES INCLUDING, BUT NOT LIMITED TO, SCHOLARSHIPS, FELLOWSHIPS, LECTURESHIPS, INTERNSHIPS, ACADEMIC CHAIRS, PROFESSORSHIPS, ASSISTANCE TO UA COLLEGES AND DEPARTMENTS, CAPITAL IMPROVEMENTS, AS WELL AS SUPPORT OF THE ATHLETIC PROGRAM, THE PERFORMING ARTS HALL, AND HOWER HOUSE. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GARY L MILLER | ||||||||||||||
| EX-OFFICIO DIRECTOR | $0 | $472,440 | $0 | $0 | $0 | $55,000 | $0 | $37,492 | $0 | $9,992 | $0 | $574,924 | $0 | $0 |
| JOHN WIENCEK | ||||||||||||||
| EX-OFFICIO DIRECTOR | $0 | $351,270 | $0 | $0 | $0 | $0 | $0 | $42,572 | $0 | $6,297 | $0 | $400,139 | $0 | $0 |
| DALLAS GRUNDY | ||||||||||||||
| EX-OFFICIO DIRECTOR | $0 | $227,000 | $0 | $0 | $0 | $26,965 | $0 | $26,386 | $0 | $5,593 | $0 | $285,944 | $0 | $0 |
| KIMBERLY M COLE | ||||||||||||||
| EXECUTIVE DIRECTOR | $0 | $176,577 | $0 | $0 | $0 | $0 | $0 | $25,188 | $0 | $3,604 | $0 | $205,369 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 4B | IN CALENDAR YEAR 2023, DALLAS GRUNDY CONTRIBUTED $ $14,500, GARY MILLER CONTRIBUTED $ $30,000 JOHN WINCEK CONTRIBUTED $ $30,000 TO THE UNIVERSITY OF AKRON'S 457(B) PLAN. NO DISTRIBUTIONS WERE MADE FROM THE UNIVERSITY OF AKRON'S 457(B) PLAN DURING CALENDAR YEAR 2023. |
| PART I, LINE 2 | THE FOUNDATION DID NOT PROVIDE ANY OF THE ITEMS LISTED IN 1A TO OR FOR A PERSON LISTED ON FORM 990, PART VII, SECTION A, LINE 1A. HOWEVER, IF THERE WERE SUCH EXPENSES, THE FOUNDATION'S POLICIES AND PROCEDURES MANUAL REQUIRES SUBSTANTIATION PRIOR TO ANY DISBURSEMENTS. |
| PART I, LINE 3 | THE FOUNDATION DOES NOT PROVIDE COMPENSATION TO ITS EXECUTIVE DIRECTOR OR ANY OTHER OFFICER OR DIRECTOR. |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 27 | ContributionCnt |
| Noncash Contributions Rpt F990 | $987,326 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | GIFT DATE MKT QUOTES | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE OF THE FOUNDATION, BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, HAS ALL THE AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE FOUNDATION, EXCEPT AS SUCH AUTHORITY IS LIMITED BY STATUTE OR RESOLUTION OF THE BOARD OF DIRECTORS. ACCORDING TO THE FOUNDATION'S CODE OF REGULATIONS, THE BOARD OF DIRECTORS SHALL APPOINT AN EXECUTIVE COMMITTEE CONSISTING OF THE PRESIDENT OF THE UNIVERSITY OF AKRON (UA), THE SENIOR DEVELOPMENT OFFICER OF UA, THE CHIEF ACADEMIC OFFICER OF UA, THE CHIEF FINANCIAL OFFICER OF UA, THE PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER, ASSISTANT TREASURER, AND EXECUTIVE DIRECTOR OF THE FOUNDATION, AND NOT LESS THAN TWO OTHER VOTING DIRECTORS WHO ARE MEMBERS OF THE COMMUNITY AT LARGE, AND WHO ARE NOT FULL-TIME EMPLOYEES OF UA OR ITS GOVERNING BOARD. DURING THE FISCAL YEAR ENDED JUNE 30, 2024, ALL MEMBERS OF THE EXECUTIVE COMMITTEE WERE VOTING MEMBERS EXCEPT FOR THE EXECUTIVE DIRECTOR AND TREASURER OF THE FOUNDATION, WHO ARE NON-VOTING MEMBERS. EACH VOTING MEMBER OF THE EXECUTIVE COMMITTEE IS ALSO A VOTING MEMBER OF THE FOUNDATION'S BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 2 | THE FOLLOWING FAMILY RELATIONSHIPS AMONG THE BOARD OF DIRECTORS EXIST: IRVIN MUSSON, SECRETARY, IS THE HUSBAND OF THEODORA MUSSON, DIRECTOR. |
| FORM 990, PART VI, SECTION B, LINE 11B | A COMPLETE COPY OF THE FORM 990 IS SENT TO THE FOUNDATION'S EXECUTIVE COMMITTEE IN ELECTRONIC FORM. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, THE DIRECTORS AND OFFICERS OF THE FOUNDATION COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. THE QUESTIONNAIRE IS DESIGNED TO BRING TO LIGHT ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. THE EXECUTIVE DIRECTOR OF THE FOUNDATION REVIEWS THE QUESTIONNAIRES AND IS CHARGED WITH INFORMING THE BOARD OF POTENTIAL CONFLICTS. BOARD MEMBERS RECUSE THEMSELVES FROM VOTING WHEN THEY HAVE A CONFLICT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON WRITTEN REQUEST. |
| FORM 990, PART VI, SECTION B, LINE 13: | THE FOUNDATION HAS NO EMPLOYEES, THUS ELIMINATING THE NEED FOR A WHISTLE-BLOWER POLICY. |
| FORM 990, PART VI, SECTION B, LINE 14: | THE FOUNDATION'S RECORDS ARE MAINTAINED BY EMPLOYEES OF THE UNIVERSITY OF AKRON WHO FOLLOW THE UNIVERSITY'S DOCUMENT RETENTION AND DESTRUCTION POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15: | THE FOUNDATION DOES NOT MAINTAIN ANY EMPLOYEES. THE EMPLOYEES WHO DO WORK FOR THE FOUNDATION ARE UNIVERSITY EMPLOYEES. |
| FORM 990, PART VII, SECTION A, LINE 3: | THE TERM FOR OFFICERS AND DIRECTORS FOR THE UNIVERSITY OF AKRON FOUNDATION RUNS FROM OCTOBER 1 TO SEPTEMBER 30. |
| FORM 990, PART XII, LINE 2C: | THE FOUNDATION DOES NOT HAVE A SEPARATE COMMITTEE FOR AUDIT OVERSIGHT. HOWEVER, AUDIT RESULTS ARE REVIEWED WITH THE FOUNDATION'S BOARD OF DIRECTORS. ADDITIONALLY, SINCE IT IS A COMPONENT UNIT OF THE UNIVERSITY OF AKRON, THE UNIVERSITY'S BOARD OF TRUSTEES AND AUDIT COMMITTEE PARTICIPATE IN THE FOUNDATION'S FINANCIAL STATEMENT AUDIT. THE FOUNDATION'S INDEPENDENT AUDITOR IS SELECTED IN CONJUNCTION WITH THE UNIVERSITY OF AKRON, WHICH IS THROUGH THE OHIO AUDITOR OF STATE'S BID PROCESS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE UNIVERSITY OF AKRON | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 302 BUCHTEL COMMON | AddressLine1Txt |
| City | AKRON | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44325 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 346002924 | EIN |
| Primary Activities | HIGHER EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile State | OH | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 5 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |