Umkc Foundation
- Assets
- $60.9m
- Revenue
- $15.0m
- Investments
- $16.0m
- Employees
- 17
- Location
- Kansas City, MO
- Founding
- 12/2007
- Data as of
- 06/2022
- EIN
- 26-0840496
Organization Overview
Umkc Foundation is located in Kansas City, MO. The organization was established in 2007. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2023, Umkc Foundation employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Umkc 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 06/2022, Umkc Foundation generated $15.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $27.1m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
UMKC FOUNDATION'S SOLE PURPOSE IS TO BENEFIT THE UNIVERSITY OF MISSOURI - KANSAS CITY (UMKC) BY SUPPORTING (THROUGH FUNDS RAISED, HELD AND ADMINISTERED BY THE (SEE SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelly Doucet Avp & Director Of Development | 40 | $132,860 | |
Mark Mattison Major Gift Officer | 40 | $101,076 | |
Amanda Davis President | OfficerTrustee | 40 | $52,809 |
William M Lyons Treasurer | OfficerTrustee | 2 | $0 |
Robert D Regnier Vice Chair | OfficerTrustee | 2 | $0 |
Debby Ballard Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $279,735 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,126,887 |
| Noncash contributions included in lines 1a–1f | $1,410,277 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,406,622 |
| Total Program Service Revenue | $1,468,458 |
| Investment income | $1,794,237 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,118,759 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,012,155 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,760,903 |
| Grants and other assistance to domestic individuals. | $105,148 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $300,921 |
| Compensation of current officers, directors, key employees. | $99,304 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $786,266 |
| Pension plan accruals and contributions | $65,624 |
| Other employee benefits | $59,372 |
| Payroll taxes | $85,367 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,252 |
| Fees for services: Accounting | $86,346 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $257,958 |
| Fees for services: Investment Management | $175,981 |
| Fees for services: Other | $117,947 |
| Advertising and promotion | $9,276 |
| Office expenses | $160,498 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $23,692 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $782 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,456 |
| All other expenses | $6,749 |
| Total functional expenses | $27,115,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $746,622 |
| Savings and temporary cash investments | $224,374 |
| Pledges and grants receivable | $5,570,335 |
| Accounts receivable, net | $908,579 |
| 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 | $9,153 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $37,442,311 |
| Investments—other securities | $15,985,452 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,600 |
| Total assets | $60,897,426 |
| Accounts payable and accrued expenses | $211,787 |
| Grants payable | $1,000 |
| 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 | $0 |
| Total liabilities | $212,787 |
| Net assets without donor restrictions | $1,953,708 |
| Net assets with donor restrictions | $58,730,931 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $60,897,426 |
Grants Awarded
Over the last fiscal year, Umkc Foundation has awarded $28,537,373 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DIASTOLE-HOSPITAL HILL INCORPORATED PURPOSE: MAINTENANCE & OPERATING OF SCHOLARS' CENTER | $84,732 |
UMKC PURPOSE: SCHOLARSHIP & | $28,452,641 |