University Of New Hampshire Foundation Incorporated
- Assets
- $251.2m
- Revenue
- $34.3m
- Investments
- $177.3m
- Employees
- 0
- Location
- Durham, NH
- Founding
- 05/1990
- Data as of
- 06/2020
- EIN
- 02-0437506
Organization Overview
University Of New Hampshire Foundation Incorporated is located in Durham, NH. The organization was established in 1990. 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 Hampshire Foundation Incorporated 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 06/2020, University Of New Hampshire Foundation Incorporated generated $34.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $34.6m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION IS TO COORDINATE THE ACQUISITION OF PRIVATE SUPPORT WITH AN EMPHASIS ON BUILDING THE ENDOWMENT FOR THE BENEFIT OF UNH
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNHF SECURED AND TRANSFERRED $18,009,272 IN GIFTS TO UNH (USNH)
UNHF DISTRIBUTED $10,190,020 TO UNH (USNH) TO SUPPORT ENDOWED PROGRAMS
UNHF DISTRIBUTED $97,224 TO ST. ANSELM'S COLLEGE ON BEHALF OF THE RESPONSIBLE GOVERNANCE AND SUSTAINABLE CITZENSHIP PROJECT (RGSCP) AN INITIATIVE INVOLVING UNH AND ST. ANSELM'S COLLEGE THAT PROMOTES ETHICS, CITIZENSHIP, PRINCIPLED LEADERSHIP, RESPONSIBLE GOVERNANCE AND THE CREATION OF SUSTAINABLE INSTITUTIONS. THE $7M FUNDING TO ESTABLISH THE ENDOWMENT CAME FROM A SETTLEMENT REACHED BETWEEN THE NH SECURITIES BOARD AND TYCO INTERNATIONAL, LTD IN 2002.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Dutton Cox Unhf President | OfficerTrustee | 40 | $327,145 |
Troy Finn Avp Development | Officer | 40 | $257,828 |
Susan Mcdonough Major Gift Officer | 40 | $180,629 | |
Michael Mccarthy Major Gift Officer | 40 | $175,587 | |
Suellen Peluso Major Gift Officer | 40 | $173,424 | |
Erik Gross Unhf Treasurer | OfficerTrustee | 40 | $166,884 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,644,289 |
| Investment income | $2,041,714 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,233,580 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $34,299,189 |
| Statement of Expenses | |
|---|---|
| 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. | $1,114,232 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,153,984 |
| Pension plan accruals and contributions | $416,115 |
| Other employee benefits | $951,326 |
| Payroll taxes | $323,473 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,820 |
| Fees for services: Accounting | $14,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,594 |
| Fees for services: Other | $395,405 |
| Advertising and promotion | $45,669 |
| Office expenses | $523,441 |
| Information technology | $37,502 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $147,785 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $106,182 |
| Interest | $0 |
| Payments to affiliates | $25,916,219 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $17,740 |
| All other expenses | $0 |
| Total functional expenses | $34,605,931 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,811,560 |
| Pledges and grants receivable | $6,264,565 |
| 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 |
| Investments—publicly traded securities | $62,667,674 |
| Investments—other securities | $177,272,905 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $356,130 |
| Total assets | $251,217,834 |
| Accounts payable and accrued expenses | $697,639 |
| 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 | $4,026,438 |
| Total liabilities | $4,724,077 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $246,493,757 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that University Of New Hampshire Foundation Incorporated has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Ernest Christian Klipstein Foundation Oldwick, NJ PURPOSE: ANNUAL GIVING | $500 |
Endowment Analysis
| Beg. Balance | $235,797,118 |
| Earnings | $67,488,274 |
| Admin Expense | $2,304,640 |
| Net Contributions | $5,857,502 |
| Other Expense | $10,304,968 |
| Ending Balance | $296,533,286 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hansjorg Wyss Institute For Biologically Inspired Engineering Boston, MA | $178,608,152 | $47,853,271 |
Trustees For Harvard University Cambridge, MA | $1,524,141,919 | $57,204,982 |
University Of New Hampshire Foundation Incorporated Durham, NH | $251,217,834 | $34,299,189 |
Harvard Private Capital Realty Inc Boston, MA | $2,527,458,180 | $415,073,812 |
University Of Massachusetts Foundation Inc Boston, MA | $842,030,994 | $57,111,837 |
University Of Vermont And State Agricultural College Foundation Burlington, VT | $307,895,720 | $102,950,116 |
Advanced Functional Fabrics Of America Inc Cambridge, MA | $14,465,650 | $24,588,104 |
Dudley Square Realty Corporation Boston, MA | $98,074,702 | $123 |
University Of Maine Foundation Orono, ME | $392,570,813 | $22,127,345 |
Trustees Of The Public Library Of The City Of Boston Boston, MA | $99,754,907 | $16,249,859 |
Lord Foundation Of Massachusetts Inc Cambridge, MA | $0 | $665,000 |
Mit International Inc Cambridge, MA | $42,886,000 | $6,428,000 |