University Of Massachusetts Amherst Foundation Inc

Organization Overview

University Of Massachusetts Amherst Foundation Inc is located in Amherst, MA. The organization was established in 2003. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2023, University Of Massachusetts Amherst Foundation Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Massachusetts Amherst 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 06/2023, University Of Massachusetts Amherst Foundation Inc generated $7.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $7.6m during the year ending 06/2023. While expenses have increased by 10.4% per year over the past 8 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO OPERATE FOR THE EXCLUSIVE BENEFIT OF THE UMASS AMHERST BY RAISING FUNDS FOR THE UMASS AMHERST.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDED ON-GOING FUNDRAISING FOR THE UNIVERSITY OF MASSACHUSETTS AMHERST.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Grenzebach Glier & Associates
Consulting Services
$320,783
Pearl Street Collective Llc
Recruiting Services
$112,500
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$988,121
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$988,121
Total Program Service Revenue$6,620,634
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,608,755

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