Universal Orlando Foundation Inc
- Assets
- $2.8m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 06/1999
- Data as of
- 12/2022
- EIN
- 59-3510383
Organization Overview
Universal Orlando Foundation Inc is located in Orlando, FL. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Universal Orlando 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 12/2022, Universal Orlando Foundation Inc generated $3.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $4.0m during the year ending 12/2022. While expenses have increased by 9.5% 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.
Since 2014, Universal Orlando Foundation Inc has awarded 436 individual grants totaling $18,109,246. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION SEEKS TO PROMOTE THE QUALITY OF LIFE IN THE CENTRAL FLORIDA COMMUNITY, ADDRESSING NEEDS AND CONCERNS PRIMARILY IN THE AREAS OF EDUCATION, CHILDREN, FAMILY AND BASIC NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION GENERAL FUND - THE FOUNDATION AWARDS GRANTS TO ORGANIZATIONS AND PROGRAMS THAT TAKE A PROACTIVE APPROACH TO COMMUNITY NEEDS IN THE AREA OF EDUCATION, CHILDREN, FAMILY AND BASIC NEEDS.
BASIC NEEDS FUND: FOCUSES ON ORGANIZATIONS THAT PROVIDE BASIC SERVICES SUCH AS FOOD, CLOTHING, AND SHELTER. (EXPENSE: $151,538, GRANTS: $150,000)ARTS & CULTURE FUND: FOCUSES ON ORGANIZATIONS THAT PROVIDE ARTS AND CULTURAL PROGRAMS THROUGHOUT THE COMMUNITY. (EXPENSE: $104,638, GRANTS: $104,000)EDUCATION FUND: FOCUSES ON ORGANIZATIONS THAT ARE MAKING A DIFFERENCE IN EDUCATION YOUTH IN OUR COMMUNITY. (EXPENSE: $110,818, GRANTS: $110,000)
TEAM MEMBER CHARITABLE FUND - THIS FUND PROVIDES FINANCIAL ASSISTANCE THROUGH THE TEAM MEMBER CRISIS ASSISTANCE PROGRAM TO UNIVERSAL ORLANDO TEAM MEMBERS WHO HAVE HAD A CATASTROPHIC EVENT AFFECT THEM OR THEIR FAMILIES. THE FUND ALSO SUPPORTS UGIVE WHICH RECOGNIZES UNIVERSAL ORLANDO TEAM MEMBERS' VOLUNTEER EFFORTS BY AWARDING GRANTS TO QUALIFIED NONPROFIT ORGANIZATIONS.
COMPASSION FUND - THIS FUND FOCUSES ON ORGANIZATIONS THAT PROVIDE SERVICES FOR CHILDREN WITH LIFE-THREATENING ILLNESSES OR DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Valerie Read Director | Trustee | 30 | $0 |
John Sprouls President | OfficerTrustee | 1 | $0 |
Tracey Stockwell Treasurer | OfficerTrustee | 1 | $0 |
Judith Luengas Secretary | OfficerTrustee | 1 | $0 |
Sandra Chen Assistant Secretary | OfficerTrustee | 1 | $0 |
Dave Bartek Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,242,367 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,215,682 |
| Noncash contributions included in lines 1a–1f | $993,793 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,458,049 |
| Total Program Service Revenue | $0 |
| 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 | -$173,082 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,284,967 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,264,304 |
| Grants and other assistance to domestic individuals. | $136,102 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,601 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,021,894 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,325,036 |
| Pledges and grants receivable | $1,491,879 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| 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 | $2,816,915 |
| Accounts payable and accrued expenses | $3,936 |
| Grants payable | $653,212 |
| Deferred revenue | $44,999 |
| 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 | $209,977 |
| Total liabilities | $912,124 |
| Net assets without donor restrictions | $239,151 |
| Net assets with donor restrictions | $1,665,640 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,816,915 |
Grants Awarded
Over the last fiscal year, Universal Orlando Foundation Inc has awarded $2,680,120 in support to 56 organizations.
| Grant Recipient | Amount |
|---|---|
BOY SCOUTS OF AMERICA CENTRAL FLORIDA CO PURPOSE: UGIVE GRANT | $12,250 |
A GIFT FOR TEACHING PURPOSE: UGIVE GRANT, SUPPLYING STUDENT SUCCESS, 2022 BACKPACKS | $145,750 |
BOYS & GIRLS CLUBS OF CENTRAL FLORIDA PURPOSE: UGIVE GRANT, STEAM ENHANCEMENT | $100,750 |
BREVARD SCHOOLS FOUNDATION INC PURPOSE: STUDENTS IN TRANSITION | $21,000 |
CENTRAL FLORIDA COMMUNITY ARTS INC PURPOSE: UGIVE GRANT AND ARTS ACCESS PROGRAMS FOR VULNERABLE POPULATIONS: ARTS IN LITERACY, MUSIC THERAPY, SCHOOL OF ARTS AND HEALTH ACADEMY SCHOLARSHIPS, AND PROFESSIONAL DEVELOPMENT FOR TEACHING ARTISTS | $35,000 |
CENTRAL FLORIDA DOWN SYNDROME ASSOCIATION INC PURPOSE: EMPOWERING FAMILIES IN EARLY CHILDHOOD | $33,000 |