University Of Wisconsin Foundation
- Assets
- $5.7b
- Revenue
- $739.0m
- Investments
- $817.7m
- Employees
- 406
- Location
- Madison, WI
- Founding
- 10/1948
- Data as of
- 06/2021
- EIN
- 39-0743975
Organization Overview
University Of Wisconsin Foundation, operating under the name Wisconsin Foundation And Alumni Association, is located in Madison, WI. The organization was established in 1948. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Wisconsin Foundation And Alumni Association employed 406 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Foundation And Alumni Association 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 06/2021, Wisconsin Foundation And Alumni Association generated $739.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $391.7m during the year ending 06/2021. While expenses have increased by 5.0% 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.
Since 2014, Wisconsin Foundation And Alumni Association has awarded 78 individual grants totaling $2,348,601,327. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
UNIVERSITY OF WISCONSIN FOUNDATION AIDS UNIVERSITY OF WISCONSIN-MADISON BY SOLICITING GIFTS & BEQUESTS, ADMINISTERS & INVESTS SECURITIES & PROPERTIES, & DISTRIBUTES PAYMENTS FOR THE BENEFIT OF UNIVERSITY OF WISCONSIN - MADISON.
Describe the Organization's Program Activity:
FACULTY SUPPORT AND RESEARCH - WITH OVER $59 MILLION FROM THE UW FOUNDATION, UNIVERSITY OF WISCONSIN FACULTY AND STAFF RECEIVED CRITICAL FINANCIAL SUPPORT ALLOWING FOR INCREASED RESEARCH OPPORTUNITIES AND IMPROVED CLASSROOM EXPERIENCES FOR STUDENTS. PRIVATE GIFT SUPPORT HELPS THE UNIVERSITY ATTRACT AND RETAIN WORLD-CLASS FACULTY, WHICH ULTIMATELY ATTRACTS THE BEST AND BRIGHTEST STUDENTS, AND IMPROVES THE UNIVERSITY'S REPUTATION AS A LEADING UNIVERSITY. DURING 2022, THE NUMBER OF ENDOWED FACULTY POSITIONS (CHAIRS, DISTINGUISHED CHAIRS, PROFESSORSHIPS, AND FACULTY FELLOWSHIPS) INCREASED TO MORE THAN 600.
ACADEMIC AND STUDENT PROGRAM SUPPORT - THE UW FOUNDATION PROVIDED OVER $61 MILLION TO THE UNIVERSITY OF WISCONSIN TO SUPPORT ITS ACADEMIC AND STUDENT PROGRAMS. THESE FUNDS ENABLE STUDENTS TO DEVELOP SKILLS AND KNOWLEDGE FOR GROWTH AND SUCCESS BY OFFERING HIGH-QUALITY, RESPONSIVE ACADEMIC PROGRAMS, STUDENT PROGRAMS, AND OTHER ACTIVITIES BY EMPLOYING BEST PRACTICES IN TEACHING AND LEARNING; ADDING TO THE ACCUMULATED BODY OF KNOWLEDGE AND CREATIVE WORK; ENRICHING THE COMMUNITY THROUGH CULTURAL LEADERSHIP AND PROVIDING RESOURCES FOR PROBLEM SOLVING.
STUDENT SCHOLARSHIP AND FINANCIAL AID SUPPORT - UNIVERSITY OF WISCONSIN UNDERGRADUATE, GRADUATE, AND PROFESSIONAL STUDENTS RECEIVED MORE THAN $45 MILLION IN SCHOLARSHIPS, FELLOWSHIPS AND AWARDS FROM PRIVATE GIFT SUPPORT. STUDENTS RECEIVED SCHOLARSHIP SUPPORT ACROSS ALL SCHOOLS AND COLLEGES, CENTERS, AND PROGRAMS OF THE UNIVERSITY. PRIVATE GIFT SUPPORT IS CRITICAL TO ENSURING THAT ALL STUDENTS ARE ABLE TO EXPLORE THEIR EDUCATIONAL OPPORTUNITIES, EXPERIENCE COLLEGE LIFE, AND MANAGE TUITION COSTS AND DEBT LOADS. IN 2022, UW FOUNDATION MANAGED OVER 4,300 GIFT FUNDS THAT PROVIDE SUPPORT TO UW-MADISON STUDENTS. IN CONSULTATION WITH THE UNIVERSITY, THE UW FOUNDATION EMPHASIZES AND INCENTIVIZES PHILANTHROPIC SUPPORT OF SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael M Knetter Chief Executive Officer/ex Officio | OfficerTrustee | 60 | $718,061 |
Richard J Shepley Sr. Managing Director Of Investments - Pub Mrkts | Officer | 50 | $677,963 |
Thomas P Olson Cio - Private Markets | Officer | 50 | $539,144 |
Joshua M Ross Director Of Invt - Private Market | 50 | $386,386 | |
Alisa A Robertson President/chief Advancement Officer | Officer | 55 | $354,684 |
Geoffrey M Mccloskey CFO (until 2/11/22) | Officer | 55 | $262,233 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eqt Exeter Investment Manager | 6/29/22 | $5,147,106 |
Kps Capital Partners Investment Manager | 6/29/22 | $2,339,901 |
Mfs Institutional Advisors Inc Investment Manager | 6/29/22 | $2,208,724 |
T Rowe Price Investment Manager | 6/29/22 | $2,082,772 |
Legends Sales & Marketing Llc Fundraising Services | 6/29/22 | $1,963,561 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $383,703,657 |
| Investment income | $61,120,216 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $482,553 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $293,483,943 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $56,747 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $739,045,115 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $4,595,768 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $19,864,685 |
| Pension plan accruals and contributions | $2,116,871 |
| Other employee benefits | $3,768,594 |
| Payroll taxes | $1,692,386 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $135,794 |
| Fees for services: Accounting | $197,080 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $112,989 |
| Fees for services: Investment Management | $29,715,288 |
| Fees for services: Other | $1,241,190 |
| Advertising and promotion | $1,246,692 |
| Office expenses | $2,009,206 |
| Information technology | $2,793,296 |
| Royalties | $0 |
| Occupancy | $830,393 |
| Travel | $33,905 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $264,189 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,191,768 |
| Insurance | $468,686 |
| All other expenses | $0 |
| Total functional expenses | $391,682,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $400 |
| Savings and temporary cash investments | $15,642,341 |
| Pledges and grants receivable | $142,879,006 |
| Accounts receivable, net | $290,210,332 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $456,827 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,480,067 |
| Investments—publicly traded securities | $4,406,080,782 |
| Investments—other securities | $817,721,404 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,338,033 |
| Total assets | $5,692,461,410 |
| Accounts payable and accrued expenses | $371,180,917 |
| Grants payable | $0 |
| Deferred revenue | $506,717 |
| 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 | $355,135,078 |
| Total liabilities | $726,822,712 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $4,965,638,698 |
Grants Awarded
Over the last fiscal year, University Of Wisconsin Foundation has awarded $272,179,110 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WISCONSIN MADISON PURPOSE: SEE SCH I, PART IV | $61,127,330 |
UNIVERSITY OF WISCONSIN MADISON PURPOSE: SEE SCH I, PART IV | $59,375,189 |
UNIVERSITY OF WISCONSIN MADISON PURPOSE: SEE SCH I, PART IV | $45,463,322 |
UNIVERSITY OF WISCONSIN MADISON PURPOSE: SEE SCH I, PART IV | $14,234,502 |
UNIVERSITY OF WISCONSIN MADISON PURPOSE: SEE SCH I, PART IV | $91,978,767 |