Uwm Foundation Inc

Organization Overview

Uwm Foundation Inc is located in Milwaukee, WI. The organization was established in 1974. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2020, Uwm Foundation Inc employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Uwm Foundation Inc generated $32.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $21.0m during the year ending 06/2020. While expenses have increased by 4.7% per year over the past 5 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.

Since 2015, Uwm Foundation Inc has awarded 18 individual grants totaling $72,058,083. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE UWM FOUNDATION, INC. IS TO SUPPORT THE EDUCATIONAL, LITERARY, AND SCIENTIFIC ENDEAVORS OF THE UNIVERSITY OF WISCONSIN-MILWAUKEE BY RECEIVING, MANAGING, AND DISTRIBUTING GIFTS TO THE BENEFIT THE UNIVERSITY'S STUDENTS, FACULTY, PROGRAMS, AND COMMUNITY. IN ADDITION, THE UWM FOUNDATION PROVIDES LEADERSHIP, OVERSIGHT, AND DIRECTION TO ITS AFFILIATED CORPORATIONS, THE UWM REAL ESTATE FOUNDATION, INC. AND THE UWM RESEARCH FOUNDATION, INC. THESE CORPORATIONS CREATE NEW UNIVERSITY FACILITIES TO SUPPORT STUDENT LIFE, RESEARCH, ACADEMICS AND REGIONAL ECONOMIC DEVELOPMENT, AND PROVIDE NEW SOURCES OF REVENUE FROM RESEARCH, COMMERCIALIZATION, AND ENTREPRENEURIAL ACTIVITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL PROGRAMS: SPECIAL PROJECTS INCLUDING SPONSORSHIP OF THE UNIVERSITY OF WISCONSIN-MILWAUKEE'S PUBLIC RADIO STATION, HONORS PROGRAM, PERFORMING ARTS CONCERT HALL, SCIENCE BAG SERIES, AND INNER CITY NURSING CLINIC.


EDUCATION: GENERAL SUPPORT OF THE UNIVERSITY OF WISCONSIN-MILWAUKEE'S ADMINISTRATION, SCHOOLS, COLLEGES, LIBRARY, ETC. FOR THE BENEFIT OF ITS STUDENTS, FACULTY, AND STAFF.


SCHOLARSHIP PROGRAMS: FINANCIAL AID AWARDED TO STUDENTS ENROLLED AT THE UNIVERSITY OF WISCONSIN-MILWAUKEE.


EDUCATIONAL PROGRAMS: RESEARCH PROJECTS CONDUCTED BY FACULTY AND RESEARCHERS IN VARIOUS SCHOOLS AT THE UNIVERSITY OF WISCONSIN-MILWAUKEE INCLUDING HEALTH SCIENCES, ARCHITECTURE, ENGINEERING, LETTERS & SCIENCES, NURSING, AND GRADUATE SCHOOL.EDUCATION: COMMUNITY SERVICE PROGRAMS INCLUDING SEMINARS, LECTURES, AND PERFORMANCES SPONSORED BY THE UNIVERSITY OF WISCONSIN-MILWAUKEE FOR THE ENRICHMENT OF THE METRO-MILWAUKEE COMMUNITY.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$1,020,136
Membership dues$0
Fundraising events$58,724
Related organizations$97,263
Government grants $124,365
All other contributions, gifts, grants, and similar amounts not included above$26,100,282
Noncash contributions included in lines 1a–1f $730,485
Total Revenue from Contributions, Gifts, Grants & Similar$27,400,770
Total Program Service Revenue$0
Investment income $4,364,783
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $13,480
Net Gain/Loss on Asset Sales $704,155
Net Income from Fundraising Events -$13,424
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $32,469,764

Grants Awarded

Over the last fiscal year, Uwm Foundation Inc has awarded $13,830,584 in support to 3 organizations.

Grant RecipientAmount

UNIVERSITY OF WISCONSIN - MILWAUKEE

PURPOSE: TEACHING AND DEPARTMENTAL PROGRAMS, COMMUNITY SERVICE, RESEARCH AND SPECIAL PROJECTS

$13,502,584

THE UWM RESEARCH FOUNDATION INC

Org PageRecipient Profile

Milwaukee, WI

PURPOSE: TEACHING AND DEPARTMENTAL PROGRAMS, COMMUNITY SERVICE, RESEARCH AND SPECIAL PROJECTS

$228,000

THE UWM REAL ESTATE FOUNDATION INC

Org PageRecipient Profile

Milwaukee, WI

PURPOSE: TEACHING AND DEPARTMENTAL PROGRAMS, COMMUNITY SERVICE, RESEARCH AND SPECIAL PROJECTS

$100,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Uwm Foundation Inc has recieved totaling $1,045,228.

Awarding OrganizationAmount
United Way Of Greater Milwaukee & Waukesha County Inc

Milwaukee, WI

PURPOSE: DONOR DESIGNATION PLEDGE PAYMENTS

$832,738
Milwaukee Jewish Federation Inc

Milwaukee, WI

PURPOSE: GENERAL DONATIONS

$91,878
Ziegler Family Foundation Inc

Brookfield, WI

PURPOSE: CHARITABLE

$75,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$18,851
Curt And Sue Culver Family Foundation Inc

Nashotah, WI

PURPOSE: EDUCATIONAL SUPPORT

$14,000
United Way Of Greater Milwaukee & Waukesha County Inc

Milwaukee, WI

PURPOSE: DONOR DESIGNATION PLEDGE PAYMENTS

$6,556
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$15,434,416
Earnings$5,508,184
Net Contributions$80,556,412
Other Expense$6,188,541
Ending Balance$95,310,471

Peer Organizations

Create an account to unlock the data you need.

or