UNIVERSITY OF NORTHERN COLORADO FOUNDATION

Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2025
$26,349,429
Contributions
55%
Other
29%
Investments
14%
Government Grants
1%
Program Services
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025
$18,457,508
Grants
91%
Fees to Service Providers
5%
Salaries & Benefits
4%
Other
<1%
Offices, Occupancy & IT
<1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$30,475,333
$14,451,550
-53%
Government Grants
$435,531
$277,948
-36%
Fundraising Events
$0
$0
-
Program Services
$0
$118,638
-
Membership Dues
$0
$0
-
Investments
$3,664,319
$3,794,760
+4%
Other
$7,013,716
$7,706,533
+10%
Total Revenues
$41,588,899
$26,349,429
-37%
Expenses
2024
2025
Change
Grants
$14,572,825
$16,723,476
+15%
Benefits to Members
$0
$0
-
Salaries & Benefits
$571,768
$737,948
+29%
Fees to Service Providers
$862,797
$831,373
-4%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$64,258
$52,380
-18%
Interest
$0
$0
-
Depreciation
$34,636
$30,855
-11%
Other
-$7,286
$81,476
-1218%
Total Expenses
$16,098,998
$18,457,508
+15%
Net income
2024
2025
Change
Net income
+$25,489,901
+$7,891,921
-69%
Functional Expenses
Summary
2024
2025
Change
Program
$14,572,825
$16,723,476
+15%
Admin
$1,526,173
$1,734,032
+14%
Fundraising
$0
$0
-
Total Expenses
$16,098,998
$18,457,508
+15%
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