University Of Wisconsin Foundation
- Assets
- $4.4b
- Revenue
- $528.9m
- Investments
- $590.3m
- Employees
- 561
- Location
- Madison, WI
- Founding
- 10/1948
- Data as of
- 06/2020
- EIN
- 39-0743975
Organization Overview
University Of Wisconsin Foundation, operating under the name Wisconsin Foundation And Alumni Association, is located in Madison, WI. 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 06/2020, Wisconsin Foundation And Alumni Association employed 561 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, Wisconsin Foundation And Alumni Association generated $528.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $314.1m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Wisconsin Foundation And Alumni Association has awarded 62 individual grants totaling $1,518,257,338. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
UNIVERSITY OF WISCONSIN FOUNDATION AIDS UNIVERSITY OF WISCONSIN-MADISON BY SOLICITING GIFTS & BEQUESTS, ADMINISTERS & INVESTS SECURITIES & PROPERTIES, & DISTRIBUTES PAYMENTS FOR THE BENEFIT OF UNIVERSITY OF WISCONSIN - MADISON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACULTY SUPPORT AND RESEARCH - WITH OVER $52 MILLION FROM THE UW FOUNDATION, UNIVERSITY OF WISCONSIN FACULTY AND STAFF RECEIVED CRITICAL FINANCIAL SUPPORT ALLOWING FOR INCREASED RESEARCH OPPORTUNITIES AND IMPROVED CLASSROOM EXPERIENCES FOR STUDENTS. PRIVATE GIFT SUPPORT HELPS THE UNIVERSITY ATTRACT AND RETAIN WORLD-CLASS FACULTY, WHICH ULTIMATELY ATTRACTS THE BEST AND BRIGHTEST STUDENTS, AND IMPROVES THE UNIVERSITY'S REPUTATION AS A LEADING UNIVERSITY. DURING 2020, THE NUMBER OF ENDOWED FACULTY POSITIONS (CHAIRS, DISTINGUISHED CHAIRS, PROFESSORSHIPS, AND FACULTY FELLOWSHIPS) INCREASED TO 560.
ACADEMIC AND STUDENT PROGRAM SUPPORT - THE UW FOUNDATION PROVIDED OVER $48 MILLION TO THE UNIVERSITY OF WISCONSIN TO SUPPORT ITS ACADEMIC AND STUDENT PROGRAMS. THESE FUNDS ENABLE STUDENTS TO DEVELOP SKILLS AND KNOWLEDGE FOR GROWTH AND SUCCESS BY OFFERING HIGH-QUALITY, RESPONSIVE ACADEMIC PROGRAMS, STUDENT PROGRAMS, AND OTHER ACTIVITIES BY EMPLOYING BEST PRACTICES IN TEACHING AND LEARNING; ADDING TO THE ACCUMULATED BODY OF KNOWLEDGE AND CREATIVE WORK; ENRICHING THE COMMUNITY THROUGH CULTURAL LEADERSHIP AND PROVIDING RESOURCES FOR PROBLEM SOLVING.
STUDENT SCHOLARSHIP AND FINANCIAL AID SUPPORT - UNIVERSITY OF WISCONSIN UNDERGRADUATE, GRADUATE, AND PROFESSIONAL STUDENTS RECEIVED MORE THAN $39 MILLION IN SCHOLARSHIPS, FELLOWSHIPS AND AWARDS FROM PRIVATE GIFT SUPPORT. STUDENTS RECEIVED SCHOLARSHIP SUPPORT ACROSS ALL SCHOOLS AND COLLEGES, CENTERS, AND PROGRAMS OF THE UNIVERSITY. PRIVATE GIFT SUPPORT IS CRITICAL TO ENSURING THAT ALL STUDENTS ARE ABLE TO EXPLORE THEIR EDUCATIONAL OPPORTUNITIES, EXPERIENCE COLLEGE LIFE, AND MANAGE TUITION COSTS AND DEBT LOADS. IN 2020, OVER 4,000 SCHOLARSHIPS WERE FUNDED BY PRIVATE GIFT SUPPORT. IN CONSULTATION WITH THE UNIVERSITY, THE UW FOUNDATION EMPHASIZES AND INCENTIVIZES PHILANTHROPIC SUPPORT OF SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie M Van Cleave Chief Investment Officer | Officer | 50 | $923,402 |
Michael M Knetter President And Ceo/ex Officio | OfficerTrustee | 50 | $689,346 |
Richard James Shepley Sr. Managing Director Of Investments | 50 | $613,583 | |
Thomas P Olson Cio - Private Markets | Officer | 50 | $576,111 |
Alisa A Robertson Chief Advancement Officer | Officer | 50 | $315,355 |
Joshua M Ross Director Of Investments - Private Market | 50 | $272,319 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Robert W Baird Co Inc Investment Manager | 6/29/20 | $1,176,269 |
Lazard Asset Management Llc Investment Manager | 6/29/20 | $764,975 |
Brookfield Properties Investment Manager | 6/29/20 | $1,135,470 |
Stepstone Group Lp Investment Manager | 6/29/20 | $1,103,970 |
T Rowe Price Group Inc Investment Manager | 6/29/20 | $780,384 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $46,010,409 |
| All other contributions, gifts, grants, and similar amounts not included above | $257,438,062 |
| Noncash contributions included in lines 1a–1f | $54,411,088 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $303,448,471 |
| Total Program Service Revenue | $2,723,843 |
| Investment income | $55,040,719 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $585,334 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $166,998,633 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $62,963 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $528,921,791 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $243,943,131 |
| 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. | $4,843,203 |
| Compensation of current officers, directors, key employees. | $4,362,298 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,683,753 |
| Pension plan accruals and contributions | $2,067,940 |
| Other employee benefits | $3,255,139 |
| Payroll taxes | $1,805,144 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $97,101 |
| Fees for services: Accounting | $224,044 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $461,759 |
| Fees for services: Investment Management | $22,088,550 |
| Fees for services: Other | $927,800 |
| Advertising and promotion | $1,843,857 |
| Office expenses | $1,976,290 |
| Information technology | $2,359,305 |
| Royalties | $0 |
| Occupancy | $1,016,929 |
| Travel | $527,569 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,163,068 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,281,317 |
| Insurance | $393,981 |
| All other expenses | $2,882 |
| Total functional expenses | $314,138,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $400 |
| Savings and temporary cash investments | $55,471,437 |
| Pledges and grants receivable | $99,616,273 |
| Accounts receivable, net | $81,287,162 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $910,121 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,038,091 |
| Net Land, buildings, and equipment | $15,075,585 |
| Investments—publicly traded securities | $3,578,713,993 |
| Investments—other securities | $590,284,088 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,479,953 |
| Total assets | $4,431,877,103 |
| Accounts payable and accrued expenses | $73,965,485 |
| Grants payable | $0 |
| Deferred revenue | $815,155 |
| 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 | $334,448,844 |
| Total liabilities | $409,229,484 |
| Net assets without donor restrictions | $179,629,936 |
| Net assets with donor restrictions | $3,843,017,683 |
| 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 | $4,431,877,103 |
Grants Awarded
Over the last fiscal year, University Of Wisconsin Foundation has awarded $243,943,131 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WISCONSIN MADISON PURPOSE: SEE SCH I, PART IV | $87,561,767 |
UNIVERSITY OF WISCONSIN MADISON PURPOSE: SEE SCH I, PART IV | $52,739,475 |
UNIVERSITY OF WISCONSIN MADISON PURPOSE: SEE SCH I, PART IV | $48,485,878 |
UNIVERSITY OF WISCONSIN MADISON PURPOSE: SEE SCH I, PART IV | $39,279,252 |
UNIVERSITY OF WISCONSIN MADISON PURPOSE: SEE SCH I, PART IV | $15,876,759 |
Grants Recieved
Over the last fiscal year, we have identified 72 grants that University Of Wisconsin Foundation has recieved totaling $5,618,817.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater Milwaukee & Waukesha County Inc Milwaukee, WI PURPOSE: DONOR DESIGNATION PLEDGE PAYMENTS | $2,597,621 |
Tiaa Charitable Inc Charlotte, NC PURPOSE: Annual Suuport | $516,860 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $337,043 |
Community Foundation For The Fox Valley Region Inc Appleton, WI PURPOSE: B11: SINGLE ORGANIZATION SUPPORT | $309,416 |
Diermeier Family Foundation Naples, FL PURPOSE: UNRESTRICTED | $285,250 |
Milwaukee Jewish Federation Inc Milwaukee, WI PURPOSE: GENERAL DONATIONS | $255,214 |
Endowment Analysis
| Beg. Balance | $2,104,669,525 |
| Earnings | $21,319,849 |
| Admin Expense | $20,761,392 |
| Net Contributions | $97,602,041 |
| Other Expense | $89,720,190 |
| Ending Balance | $2,113,109,833 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Wisconsin Foundation Madison, WI | $4,431,877,103 | $528,921,791 |
University Of Illinois Foundation Urbana, IL | $2,568,738,108 | $352,648,216 |
University Of Minnesota Foundation Minneapolis, MN | $3,368,130,769 | $247,493,306 |
State University Of Iowa Foundation Iowa City, IA | $1,522,325,755 | $179,293,850 |
Iowa State University Foundation Ames, IA | $1,353,978,392 | $132,115,683 |
Western Michigan University Foundation Kalamazoo, MI | $431,026,780 | $43,479,998 |
Michigan State University Foundation East Lansing, MI | $407,199,391 | $16,720,899 |
Ics Support Organization Inc Franklin, WI | $552,959,577 | $28,861,342 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $204,585,467 | $20,210,929 |
Eastern Michigan University Foundation Ypsilanti, MI | $82,145,619 | $14,420,618 |