THE UNIVERSITY FOUNDATION

THE UNIVERSITY FOUNDATION

Tuscaloosa, AL, US
501(c)(3)
EIN
63-0803491

THE UNIVERSITY FOUNDATION

Tuscaloosa, AL, US
501(c)(3)
EIN
63-0803491

Overview

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Est.

1980

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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The University Foundation is a nonprofit organization focused on supporting the Board of Trustees of the University of Alabama in its educational, research, and public service initiatives. With an operating budget of $486.3K and total revenue of $415.5K for the 2024 filing year, the foundation relies on multiple undisclosed funders, none of which contribute 50% or more of its revenue. Although the foundation does not have a publicly accessible website, its mission underscores a commitment to enhancing educational opportunities within the state of Alabama.

Mission Statement

TO ASSIST AND AID THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ALABAMA IN FULFILLING ITS EDUCATIONAL, RESEARCH, AND PUBLIC SERVICE PROGRAMS AND ACTIVITIES.
Revenues

$415.5K

Expenses

$486.3K

Net Income:
-$70.8K
Assets

$1.5M

Liabilities

$24.5K

Net Assets:
+$1.5M
Operating Budget

$486.3K

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$120.9K
Largest grant received
$151K
M
Mark D Foley
Board Member
S
Sid J Trant
Board Member
S
Scott Phelps
Board Member

Frequently Asked Questions

What is THE UNIVERSITY FOUNDATION’s budget?
In 2024, THE UNIVERSITY FOUNDATION reported an annual operating budget of around $486 thousand. More detailed financial information is available to registered users.
What causes does THE UNIVERSITY FOUNDATION support?
THE UNIVERSITY FOUNDATION supports work in Education.
Where does THE UNIVERSITY FOUNDATION operate?
THE UNIVERSITY FOUNDATION is headquartered in Tuscaloosa, AL.
Who funded THE UNIVERSITY FOUNDATION recently?
In 2024, THE UNIVERSITY FOUNDATION received grants from PLEIAD FOUNDATION, CAPSTONE FOUNDATION, and CAPSTONE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant THE UNIVERSITY FOUNDATION received in 2024?
The largest grant to THE UNIVERSITY FOUNDATION in 2024 exceeds $151 thousand.
Overview
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