The University Of Connecticut Law School Foundation Inc
- Assets
- $24.2m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 2
- Location
- Hartford, CT
- Founding
- Data as of
- 06/2017
- EIN
- 23-7387568
Organization Overview
The University Of Connecticut Law School Foundation Inc is located in Hartford, CT. As of 06/2017, University Of Connecticut Law School Foundation Inc employed 2 individuals. University Of Connecticut Law School 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 06/2017, University Of Connecticut Law School Foundation Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 37.8% each year . All expenses for the organization totaled $2.1m during the year ending 06/2017. While expenses have increased by 17.1% per year over the past 2 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO RECEIVE, MANAGE AND EXPEND FUNDS FOR THE BENEFIT OF THE UNIVERSITY OF CONNECTICUT SCHOOL OF LAW
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT AND FACULTY SUPPORT - ENRICH THE SCHOLARLY AND PROFESSIONAL ADVANCEMENT OF STUDENTS AND FACULTY THROUGH FUNDING SUCH INITIATIVES AS ON-CAMPUS SYMPOSIA AND CONFERENCES THAT EXPLORE IMPORTANT LEGAL AND POLICY ISSUES; STIPENDS FOR FACULTY TO PURSUE SCHOLARLY RESEARCH THAT ELEVATES THE LAW SCHOOL'S REPUTATION; SUPPORT FOR STUDENT PARTICIPATION IN CLINICAL LEARNING PROGRAMS AND COMPETITIONS THAT DEVELOP THEIR PROFESSIONAL SKILLS; AND SIMILAR PROGRAMS.
SCHOLARSHIPS AND AWARDS - RECOGNIZE AND PROMOTE EXCELLENCE WITHIN THE STUDENT BODY THROUGH FUNDING FOR SCHOLARSHIPS AND AWARDS THAT REWARD ACADEMIC ACHIEVEMENT AND PERSONAL CHARACTER.
ALUMNI ENGAGEMENT - SUPPORT A VARIETY OF PROGRAMS AND EVENTS THAT ENGAGE GRADUATES IN THE LIFE OF UCONN LAW; FOSTER MORE MEANINGFUL RELATIONSHIPS BETWEEN THE SCHOOL AND ITS ALUMNI LEADING TO MORE SIGNIFICANT INVESTMENT OF THEIR TIME AND TREASURE FOR THE SCHOOL'S BETTERMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven M Greenspan President | OfficerTrustee | 2 | $0 |
Tamara Kagan Levine President-Elect | OfficerTrustee | 2 | $0 |
Ilia M O'hearn Treasurer | OfficerTrustee | 2 | $0 |
Joseph B Schwartz Secretary | OfficerTrustee | 2 | $0 |
Marsha L Anastasia Trustee | Trustee | 1 | $0 |
Peter Arakas Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kforce Inc Accounting Support | 6/29/17 | $104,100 |
Resources Management Corporation Investment Management | 6/29/17 | $124,267 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $13,005 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,309,612 |
| Noncash contributions included in lines 1a–1f | $59,022 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,322,617 |
| Total Program Service Revenue | $0 |
| Investment income | $463,622 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,396,451 |
| Net Income from Fundraising Events | -$4,815 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,177,875 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $459,008 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $54,863 |
| Compensation of current officers, directors, key employees. | $54,863 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $111,744 |
| Pension plan accruals and contributions | $1,945 |
| Other employee benefits | $5,120 |
| Payroll taxes | $9,910 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,580 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $107,396 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,523 |
| Travel | $88,953 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $154,915 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $486 |
| Insurance | $3,170 |
| All other expenses | $169,548 |
| Total functional expenses | $2,135,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,659,904 |
| Pledges and grants receivable | $491,857 |
| Accounts receivable, net | $24,107 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,880 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $24,187,748 |
| Accounts payable and accrued expenses | $35,129 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $35,129 |
| Unrestricted restricted net Assets | $1,735,731 |
| Temporarily restricted net Assets | $7,387,196 |
| Permanently restricted net Assets or current funds | $15,029,692 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $24,152,619 |