The North American Foundation For The University Of Durham Inc
- Assets
- $67.2k
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 09/1992
- Data as of
- 12/2021
- EIN
- 52-1775682
Organization Overview
The North American Foundation For The University Of Durham Inc is located in Denver, CO. The organization was established in 1992. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, 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. North American Foundation For The University Of Durham Inc 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 12/2021, North American Foundation For The University Of Durham Inc generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.0% each year . All expenses for the organization totaled $2.7m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RAISE PUBLIC AWARENESS IN THE U.S. OF THE TEACHING AND RESEARCH ACTIVITIES OF THE UNIVERSITY OF DURHAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE GRANTS TO THE UNIVERSITY OF DURHAM IN ORDER TO FURTHER THE UNIVERSITY'S EDUCATIONAL GOALS AND PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Kotuby Vice President | OfficerTrustee | 0 | $0 |
Smiti Kumar President | OfficerTrustee | 0 | $0 |
Eduardo J Lopez-Reyes Secretary | OfficerTrustee | 0 | $0 |
Nick Steiner Treasurer | OfficerTrustee | 0 | $0 |
Tania Klein Asst. Secretary | OfficerTrustee | 0 | $0 |
Jeremy Diamond Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,577,849 |
| Noncash contributions included in lines 1a–1f | $50,669 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,577,849 |
| Total Program Service Revenue | $0 |
| Investment income | $39 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $32,383 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,577,869 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,698,593 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $206 |
| Fees for services: Accounting | $14,149 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,795 |
| All other expenses | $0 |
| Total functional expenses | $2,738,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $64,647 |
| Pledges and grants receivable | $0 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,569 |
| Total assets | $67,216 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $67,216 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $67,216 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that The North American Foundation For The University Of Durham Inc has recieved totaling $45,663.
| Awarding Organization | Amount |
|---|---|
The Bessemer Giving Fund Woodbridge, NJ PURPOSE: GENERAL SUPPORT | $20,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $9,663 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kansas University Alumni Association Lawrence, KS | $43,406,063 | $19,795,614 |
Oklahoma State University Alumni Association Stillwater, OK | $25,317,339 | $3,350,380 |
Alumni Association Of Kansas State University Manhattan, KS | $26,684,842 | $5,906,410 |
University Of Arizona Alumni Association Tucson, AZ | $10,483,265 | $3,295,631 |
The North American Foundation For The University Of Durham Inc Denver, CO | $67,216 | $2,577,869 |
Arizona State University Alumni Association Tempe, AZ | $23,640,025 | $1,664,234 |
Major League Baseball Players Alumni Association Colorado Springs, CO | $8,545,070 | $2,799,012 |
Grand Island Public Schools Foundation Grand Island, NE | $10,746,895 | $4,368,224 |
Academy Services Corporation Tucson, AZ | $5,843,114 | $1,767,337 |
Bit Sindri Alumni Association Of North America Inc Albuquerque, NM | $219,822 | $1,141,830 |
University Of Wyoming Alumni Laramie, WY | $7,069,969 | $1,051,403 |
Beta Mu Building And Alumnae Association Boulder, CO | $5,502,607 | $1,091,365 |