University Of Arkansas Foundation Inc
- Assets
- $1.9b
- Revenue
- $77.9m
- Investments
- $928.0m
- Employees
- 9
- Location
- Fayetteville, AR
- Founding
- 11/1956
- Data as of
- 06/2022
- EIN
- 71-6056774
Organization Overview
University Of Arkansas Foundation Inc is located in Fayetteville, AR. The organization was established in 1956. 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, University Of Arkansas Foundation Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Arkansas 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 06/2022, University Of Arkansas Foundation Inc generated $77.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $104.9m during the year ending 06/2022. While expenses have increased by 6.3% per year over the past 6 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 2015, University Of Arkansas Foundation Inc has awarded 76 individual grants totaling $493,993,962. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SUPPORT FOR THE UNIVERSITY OF ARKANSAS SYSTEM.
Describe the Organization's Program Activity:
FUNDS ALLOCATED TO SUPPORTED ORGANIZATIONS FOR CONSTRUCTION AND EQUIPMENT.
FUNDS ALLOCATED TO SUPPORTED ORGANIZATIONS FOR RESEARCH, FACULTY/STAFF SUPPORT AND SCHOLARSHIPS AND AWARDS.
FUNDS ALLOCATED TO SUPPORTED ORGANIZATION FOR ALL OTHER PROGRAM EXPENSES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Cliff Gibson Board Member | Trustee | 0.1 | $0 |
Mr Ben Hyneman Board Member | Trustee | 0.1 | $0 |
Mr Mike Akin Board Member | Trustee | 0.1 | $0 |
Mr Mark Waldrip Board Member | Trustee | 0.1 | $0 |
Ms Ann Rosso Board Member/vice Chair | Trustee | 0.1 | $0 |
Dr Mary Ann Greenwood Board Member | Trustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cambridge Associates Llc Investment Management Services | 6/29/22 | $2,368,476 |
Adage Capital Management Lp Investment Management Services | 6/29/22 | $1,363,098 |
Lone Pine Capital Investment Management Services | 6/29/22 | $1,218,214 |
Silchester International Investors Llp Investment Management Services | 6/29/22 | $633,154 |
Modthink Llc Marketing Services | 6/29/22 | $564,669 |
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 | $70,475,952 |
| Noncash contributions included in lines 1a–1f | $15,309,306 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,475,952 |
| Total Program Service Revenue | $0 |
| Investment income | $13,425,217 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,156 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,028,806 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $77,874,519 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $94,208,388 |
| 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. | $1,439,888 |
| Compensation of current officers, directors, key employees. | $1,439,888 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $390,026 |
| Pension plan accruals and contributions | $38,928 |
| Other employee benefits | $68,623 |
| Payroll taxes | $91,489 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $853 |
| Fees for services: Accounting | $83,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,224,183 |
| Fees for services: Other | $27,214 |
| Advertising and promotion | $0 |
| Office expenses | $52,606 |
| Information technology | $98,749 |
| Royalties | $0 |
| Occupancy | $77,545 |
| Travel | $1,746 |
| 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 | $67,712 |
| All other expenses | $0 |
| Total functional expenses | $104,871,250 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $337,808,658 |
| Pledges and grants receivable | $157,629,415 |
| 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 | $30,000 |
| Investments—publicly traded securities | $467,078,753 |
| Investments—other securities | $928,049,605 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,545,333 |
| Total assets | $1,894,141,764 |
| Accounts payable and accrued expenses | $17,675,084 |
| 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 | $15,402,382 |
| Total liabilities | $33,077,466 |
| Net assets without donor restrictions | $139,129,115 |
| Net assets with donor restrictions | $1,721,935,183 |
| 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 | $1,894,141,764 |
Grants Awarded
Over the last fiscal year, University Of Arkansas Foundation Inc has awarded $94,208,387 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF ARKANSAS FAYETTEVILLE PURPOSE: EDUCATIONAL/RESEARCH | $57,266,830 |
UNIVERSITY OF ARKANSAS SYSTEM PURPOSE: EDUCATIONAL/RESEARCH | $5,126,578 |
DIVISION OF AGRICULTURE PURPOSE: EDUCATIONAL/RESEARCH | $1,074,717 |
UNIVERSITY OF ARKANSAS AT LITTLE ROCK PURPOSE: EDUCATIONAL/RESEARCH | $7,387,424 |
UNIVERSITY OF ARKANSAS AT MONTICELLO PURPOSE: EDUCATIONAL/RESEARCH | $1,213,245 |
UNIVERSITY OF ARKANSAS AT PINE BLUFF PURPOSE: EDUCATIONAL/RESEARCH | $1,528,891 |