University Of New Orleans Foundation
- Assets
- $129.2m
- Revenue
- $21.8m
- Investments
- $0.0
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 03/1986
- Data as of
- 12/2021
- EIN
- 72-1051326
Organization Overview
University Of New Orleans Foundation is located in New Orleans, LA. The organization was established in 1986. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. University Of New Orleans Foundation 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 12/2021, University Of New Orleans Foundation generated $21.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $10.8m during the year ending 12/2021. While expenses have increased by 1.1% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE UNIVERSITY OF NEW ORLEANS FOUNDATION'S MISSION IS TO PROMOTE THE WELL-BEING AND ADVANCEMENT OF THE UNIVERSITY OF NEW ORLEANS AND ALL THE COLLEGES, SCHOOLS, DEPARTMENTS, AND DIVISIONS COMPRISING IT, AND TO DEVELOP, EXPAND, AND IMPROVE THE UNIVERSITY'S CURRICULA, PROGRAMS, AND FACILITIES SO AS TO PROVIDE GREATER EDUCATIONAL ADVANTAGES AND OPPORTUNITIES, AND INCREASE THE UNIVERSITY'S BENEFITS TO THE CITIZENS OF THE STATE OF LOUISIANA AND THE UNITED STATES OF AMERICA.
Describe the Organization's Program Activity:
PROVIDING FINANCIAL ASSISTANCE FOR ACADEMIC DEPARTMENTS & ADMINISTRATIVE OFFICES AND SUPPLEMENT OPERATING COSTS FOR FACULTY, GUESTS, SPEAKERS, TRAVEL, & COMMUNITY DEVELOPMENT RELATED TO THE UNIVERSITY OF NEW ORLEANS. TO PROVIDE SCHOLARSHIPS AND AWARDS TO THE UNIVERSITY OF NEW ORLEANS STUDENTS TO HELP OFFSET THE COSTS OF TUITION, BOOKS, AND FEES TO ENCOURAGE AND SUPPORT THE PURSUIT OF HIGHER EDUCATION.
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 |
|---|---|---|---|
Anthony Gregorio President & CEO | OfficerTrustee | 0 | $0 |
Darryl D'aquin Board Chair | OfficerTrustee | 0 | $0 |
Bill Chauvin Board 1st Vice | OfficerTrustee | 0 | $0 |
Mike Achary Board Treasurer | OfficerTrustee | 0 | $0 |
David Glaviano Board Secretary | OfficerTrustee | 0 | $0 |
John Nicklow Board Member | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Taylor Porter Brooks & Phillips Llp Legal | 12/30/21 | $441,438 |
Uno Research & Technology Foundation Administrative Services | 12/30/21 | $455,000 |
Northern Trust Investment Management | 12/30/21 | $151,538 |
The Aspire Sport Marketing Group Llc Marketing Services | 12/30/21 | $149,510 |
Ashley Smith Construction Buildback/repair Services | 12/30/21 | $104,161 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $465,560 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,679,121 |
| Noncash contributions included in lines 1a–1f | $254,170 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,144,681 |
| Total Program Service Revenue | $3,656,077 |
| Investment income | $1,585,069 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $219,252 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,155,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $17,886 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,783,517 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,721,276 |
| Grants and other assistance to domestic individuals. | $537,337 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $675,776 |
| Fees for services: Legal | $446,080 |
| Fees for services: Accounting | $910,754 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $13,037 |
| Fees for services: Investment Management | $175,762 |
| Fees for services: Other | $2,298,200 |
| Advertising and promotion | $137,349 |
| Office expenses | $595,804 |
| Information technology | $157,473 |
| Royalties | $0 |
| Occupancy | $217,219 |
| Travel | $73,470 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $333,880 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $395,635 |
| Insurance | $123,714 |
| All other expenses | $0 |
| Total functional expenses | $10,840,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,245,106 |
| Pledges and grants receivable | $8,065,485 |
| Accounts receivable, net | $986,653 |
| 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 | $46,093 |
| Net Land, buildings, and equipment | $6,770,052 |
| Investments—publicly traded securities | $111,888,500 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $211,973 |
| Total assets | $129,213,862 |
| Accounts payable and accrued expenses | $595,726 |
| 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 | $28,243,775 |
| Total liabilities | $28,839,501 |
| Net assets without donor restrictions | $12,972,481 |
| Net assets with donor restrictions | $87,401,880 |
| 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 | $129,213,862 |
Grants Recieved
Over the last fiscal year, we have identified 28 grants that University Of New Orleans Foundation has recieved totaling $1,332,807.
| Awarding Organization | Amount |
|---|---|
The Greater New Orleans Foundation New Orleans, LA PURPOSE: EDUCATION | $526,403 |
Charles Koch Foundation Arlington, VA PURPOSE: GENERAL OPERATING SUPPORT | $476,500 |
Bollinger Foundation New Orleans, LA PURPOSE: TO FURTHER THE CHARITABLE PURPOSE OF THE RECIPIENT BY PROVIDING OPERATIONAL FUNDS. | $100,000 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $31,250 |
The Greater New Orleans Foundation New Orleans, LA PURPOSE: EDUCATION | $28,601 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $25,187 |
Endowment Analysis
| Beg. Balance | $84,768,837 |
| Earnings | $12,049,749 |
| Admin Expense | $1,345,038 |
| Net Contributions | $4,152,570 |
| Other Expense | $1,668,013 |
| Grants | $61,811 |
| Ending Balance | $97,896,294 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Texas Foundation Austin, TX | $88,879,484 | $47,692,096 |
L S U Foundation Baton Rouge, LA | $804,249,383 | $72,730,367 |
Ole Miss Athletics Foundation Oxford, MS | $97,065,287 | $57,643,164 |
Southeastern Louisiana Area Health Education Center Natalbany, LA | $8,364,528 | $32,019,241 |
University Of Arkansas Fayetteville Campus Foundation Inc Fayetteville, AR | $748,157,500 | $15,686,060 |
Razorback Foundation Inc Fayetteville, AR | $72,537,377 | $26,130,749 |
The Center For Collaborative Research Inc Houston, TX | $142,938,649 | $16,860,442 |
Mccombs School Of Business Foundation Austin, TX | $43,764,563 | $20,383,837 |
University Of Louisiana At Lafayette Foundation Lafayette, LA | $292,703,277 | $46,235,918 |
Louisiana Tech University Foundation Inc Ruston, LA | $117,962,998 | $18,845,072 |
America Can Cars For Kids Dallas, TX | $4,240,577 | $12,374,341 |
University Of Southern Mississippi Foundation Hattiesburg, MS | $151,472,857 | $19,113,544 |