University Of North Texas Foundation Inc

Organization Overview

University Of North Texas Foundation Inc is located in Denton, TX. The organization was established in 1996. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 08/2022, University Of North Texas Foundation Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of North Texas Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2022, University Of North Texas Foundation Inc generated $18.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $12.3m during the year ending 08/2022. While expenses have increased by 7.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE UNIVERSITY OF NORTH TEXAS FOUNDATION, INC. SERVES AS UNT'S STRATEGIC PARTNER IN MANAGING AND GROWING PRIVATE ASSETS FOR SUPPORT OF THE UNIVERSITY'S MISSION. UNTF'S CONTINUITY, FLEXIBILITY, AND CREATIVE SOLUTIONS CONTRIBUTE TO FULLY REALIZING UNT'S POTENTIAL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISTRIBUTIONS, PASS-THROUGH GRANTS, AND BOARD-DESIGNATED GRANTS TO BENEFIT THE UNIVERSITY OF NORTH TEXAS.


CONTRIBUTIONS AND RESOURCES WERE USED TO SUPPORT THE UNIVERSITY OF NORTH TEXAS AND ITS STUDENTS BY PROMOTING THE GROWTH AND EXPANSION OF ACADEMIC AND OTHER PROGRAMS AND STUDENT SCHOLARSHIPS. SCHOLARSHIPS, AWARDS, AND REIMBURSEMENTS TO INDIVIDUALS AT UNT.


SERVICES FOR PROGRAMS IN SUPPORT OF THE UNIVERSITY OF NORTH TEXAS.


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Board, Officers & Key Employees

Name (title)Compensation
Mike Mlinac
President & CEO
$360,750
Alfred J Lockwood - V P
Investment Adm.
$207,287
Amber Bothwell
Controller
$100,950
Molly H Morgan
V. P.-Admin.
$77,195
Thomas E Muir
Vice Chair
$0
Harry Joe
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Lcg Associates Inc
Investmnt Consultant
$138,020
Links Construction Llc
Construction
$1,350,143
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,896,439
Noncash contributions included in lines 1a–1f $53,365
Total Revenue from Contributions, Gifts, Grants & Similar$6,896,439
Total Program Service Revenue$526,877
Investment income $4,520,259
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,395,851
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $18,135,985

Grants Recieved

Over the last fiscal year, we have identified 26 grants that University Of North Texas Foundation Inc has recieved totaling $5,880,467.

Awarding OrganizationAmount
Community Foundation For The Fox Valley Region Inc

Appleton, WI

PURPOSE: B43: UNIVERSITIES

$5,000,000
Community Foundation Of North Texas

Fort Worth, TX

PURPOSE: FOR UNT-COLLEGE OF EDUCATION WITH A FOCUS ON ELEMENTARY EDUCATION

$341,356
Greater Texas Foundation

Bryan, TX

PURPOSE: A SCHOLARSHIP AND RETENTION PROGRAM FOR EARLY COLLEGE HIGH SCHOOL GRADUATES.

$139,833
Specs Charitable Foundation

Houston, TX

PURPOSE: EDUCATIONAL PURPOSES

$70,000
M R And Evelyn Hudson Foundation

Keller, TX

PURPOSE: FUNDS WILL SUPPORT UPDATING AND REFRESHING THE ENTRANCE TO THE PLANETARIUM, AS WELL AS SPONSOR WEEKLY LIVE SHOWS.

$50,000
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: EDUCATION

$42,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$188,430,966
Earnings-$22,179,968
Net Contributions$13,929,738
Ending Balance$180,180,736

Peer Organizations

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