University Of Nevada-Reno Foundation

Organization Overview

University Of Nevada-Reno Foundation is located in Reno, NV. The organization was established in 1982. 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 Nevada-Reno 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 06/2021, University Of Nevada-Reno Foundation generated $75.4m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 28.3% each year . All expenses for the organization totaled $49.4m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO AID, SUPPORT, & ASSIST THE UNIVERSITY OF NEVADA, RENO TO ENHANCE THE QUALITY OF EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

UNIVERSITY PROGRAMS: THE UNIVERSITY OF NEVADA RENO FOUNDATION RECEIVES, MANAGES & DISBURSES FUNDS IN ACCORDANCE WITH THE DESIGNATED RESTRICTED PURPOSE FOR WHICH THE GIFTS WERE DONATED. PROVIDES PROGRAMMATIC FUNDING SUPPORTING STUDENTS, FACULTY, RESEARCH & THE COMMUNITY IN THE AREA FUNDS WERE RAISED FOR. THERE WERE A TOTAL OF 61 ENDOWED PROFESSORSHIPS AND CHAIRS FOR 2022.


ALUMNI PROGRAMS: FUNDING WAS PROVIDED TO ALUMNI ASSOCIATION AND VARIOUS ALUMNI CHAPTERS TO STRENGTHEN TIES TO THE UNIVERSITY COMMUNITY.


CAPITAL PROJECTS: ASSIST IN FUNDING CONSTRUCTION PROJECTS ON CAMPUS. PROJECTS INCLUDE THE UNIVERSITY FOUNDATION ARTS BUILDING, PENNINGTON HEALTH SCIENCES BUILDING, AND THE UNIVERSITY ENTRY MONUMENT.


UNIVERSITY SCHOLARSHIPS: SCHOLARSHIP FUNDING WAS USED FOR STUDENT SCHOLARSHIP AWARDS FOR BOTH NEED AND MERIT BASED. MORE THAN 3,395 STUDENTS RECEIVED DONOR-FUNDED SCHOLARSHIPS DURING THE 2021-22 ACADEMIC YEAR.


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Board, Officers & Key Employees

Name (title)Compensation
Jeff Rodefer
Chair
$0
Ann Morgan
Chair Elect/vice Chair, Governance
$0
Mick Hitchcock
Immediate Past Chair
$0
Janet Mello
Vice Chair Events
$0
Mark Denzler
Vice Chair Investment
$0
Stephanie Kruse
Vice Chair Nominating
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$49,119,229
Investment income $13,198,212
Tax Exempt Bond Proceeds $0
Royalties $40,029
Net Rental Income $0
Net Gain/Loss on Asset Sales $12,370,904
Net Income from Fundraising Events $75,147
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $75,417,078

Grants Awarded

Over the last fiscal year, University Of Nevada-Reno Foundation has awarded $26,107,701 in support to 4 organizations.

Grant RecipientAmount

UNIVERSITY OF NEVADA RENO

PURPOSE: University Programs

$16,952,691

UNIVERSITY OF NEVADA RENO

PURPOSE: Alumni Programs

$283,502

UNIVERSITY OF NEVADA RENO

PURPOSE: Capital Projects

$3,161,550

UNIVERSITY OF NEVADA RENO

PURPOSE: University Scholarships

$5,709,958
View Grant Profile

Peer Organizations

Organization NameAssets
University Enterprises Inc
Sacramento, CA
$115,167,090
The U C Davis Foundation
Davis, CA
$90,089,302
University Corporation At Monterey Bay
Seaside, CA
$72,925,924
California State University Fresno Foundation
Fresno, CA
$96,362,649
Southwestern Law School
Los Angeles, CA
$60,220,339
California Polytechnic State University Foundation
San Luis Obispo, CA
$59,131,933
Associated Students Ucla
Los Angeles, CA
$55,964,890
New Schools Fund
Oakland, CA
$49,069,499
San Jose State University Research Foundation
San Jose, CA
$56,020,839
Chico State Enterprises
Chico, CA
$54,299,081
Csu Fullerton Auxiliary Services Corporation
Fullerton, CA
$64,853,282
University Of Nevada Las Vegas Foundation
Las Vegas, NV
$55,938,579
University Of Nevada-Reno Foundation
Reno, NV
$75,417,078
California State University Long Beach Research Foundation
Long Beach, CA
$56,437,353
Ilead California Charters 1
Acton, CA
$49,636,662
Cal Poly Pomona Foundation Inc
Pomona, CA
$36,825,650
The Claremont Colleges Inc
Claremont, CA
$52,502,841
Aztec Shops Ltd
San Diego, CA
$47,783,129
University Enterprises Corporation At Csusb
San Bernardino, CA
$41,260,620
Campanile Foundation
San Diego, CA
$63,277,722
University Of Idaho Foundation Inc
Moscow, ID
$83,800,693
Ronald Reagan Presidential Foundation And Institute
Simi Valley, CA
$37,037,340
Asu Enterprise Partners
Tempe, AZ
$17,546,517
Lincoln Institute Of Land Policy
Phoenix, AZ
$64,138,879
The University Corporation
Northridge, CA
$40,506,670

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