University Of Illinois Foundation

Organization Overview

University Of Illinois Foundation is located in Urbana, IL. The organization was established in 1948. 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 06/2021, University Of Illinois Foundation employed 168 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Illinois 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 06/2020, University Of Illinois Foundation generated $352.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $272.5m during the year ending 06/2020. While expenses have increased by 5.4% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE UNIVERSITY OF ILLINOIS FOUNDATION'S CORPORATE MISSION IS TO ADVANCE THE INTERESTS AND WELFARE OF THE UNIVERSITY OF ILLINOIS. AS STATED IN ITS ARTICLES OF INCORPORATION, THE ROLE OF THE FOUNDATION IS PROCURING PRIVATE SUPPORT ON BEHALF OF THE UNIVERSITY. THE FOUNDATION FUNCTIONS AS THE INDEPENDENT OFFICIAL FUNDRAISING AND PRIVATE GIFT-RECEIVING ORGANIZATION FOR THE UNIVERSITY OF ILLINOIS. THE FOUNDATION WORKS HAND-IN-HAND WITH THE PRESIDENT OF THE UNIVERSITY OF ILLINOIS SYSTEM AND THE CHANCELLOR FOR EACH UNIVERSITY TO IDENTIFY STRATEGIC PRIVATE SUPPORT PRIORITIES, CREATE SUITABLE FUNDRAISING STRATEGIES AND TACTICS, AND IMPLEMENT AND EVALUATE APPROPRIATE DEVELOPMENT PROGRAMS. IN ITS ROLE OF DEVELOPING PRIVATE GIFTS, THE FOUNDATION LEADS THE EFFORT TO PLAN AND MOUNT SPECIAL FUNDRAISING INITIATIVES, AS WELL AS ANNUAL GIVING PROGRAMS AND MAJOR CAPITAL CAMPAIGNS, WORKING IN COLLABORATION WITH A NETWORK OF UNIVERSITY DEVELOPMENT PROFESSIONALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE UNIVERSITY OF ILLINOIS FOUNDATION MAKES DISTRIBUTIONS TO THE UNIVERSITY OF ILLINOIS WHICH USES THESE DISTRIBUTIONS IN ACCORDANCE WITH DONOR INTENT FOR MANY PURPOSES, INCLUDING STUDENT SUPPORT, FACULTY SUPPORT, AND RESEARCH.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sunriver Management Llc
Investment Management
$1,182,538
Capsquare Asia Partners
Investment Management
$972,314
Permian Investment Partners
Investment Management
$928,292
Juniper Capital Advisors Lp
Investment Management
$856,076
One Fin Capital Management
Investment Management
$761,264
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$270,511,498
Investment income $14,899,236
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $930,625
Net Gain/Loss on Asset Sales $41,202,830
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $352,648,216

Grants Awarded

Over the last fiscal year, University Of Illinois Foundation has awarded $270,327,301 in support to 3 organizations.

Grant RecipientAmount

UNIVERSITY OF ILLINOIS

Org PageRecipient Profile

Urbana, IL

PURPOSE: Support for the University of Illinois

$269,867,271

UNIVERSITY OF ILLINOIS ALUMNI ASSOCIATION

Org PageRecipient Profile

Urbana, IL

PURPOSE: Support on behalf of the University of Illinois

$306,030

ORTHOPTERISTS SOCIETY

Org PageRecipient Profile

Champaign, IL

PURPOSE: Support on behalf of the University of Illinois

$154,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that University Of Illinois Foundation has recieved totaling $84,173.

Awarding OrganizationAmount
Justus Seaman Irrev Tr Ua M13589003

Decatur, IL

PURPOSE: EDUCATION

$47,045
Residuary Trust Under Will Of H Ogden Brainard Dtd 072590

Charleston, IL

PURPOSE: EDUCATIONAL PURPOSES FOR THE COLLEGE OF LAW

$15,628
United Food And Commercial Workers International Union

Des Plaines, IL

PURPOSE: CIVIC ORGANIZATION

$10,000
Chipman Coker Foundation

Greenville, DE

PURPOSE: FUTHERANCE OFOPERATING PROGRAMSOR CAPITAL EXPENDITURES

$5,000
Laurence E Herman Family Foundation

Oak Brook, IL

PURPOSE: ADVOCACY

$2,200
Berry Foundation Inc

Wichita, KS

PURPOSE: ANNUAL GIFT

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,112,155,909
Earnings$598,310,179
Admin Expense$45,184,490
Net Contributions$105,262,836
Other Expense$4,376,184
Ending Balance$2,766,168,250

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