The University Of Tennessee Foundat Ion Inc

Organization Overview

The University Of Tennessee Foundat Ion Inc is located in Knoxville, TN. The organization was established in 2001. 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 Tennessee Foundat Ion Inc employed 215 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Tennessee Foundat Ion 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 06/2021, University Of Tennessee Foundat Ion Inc generated $198.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $80.4m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP AND PRIVATE GIFT SUPPORT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO COMPLY WITH DONOR STIPULATIONS, EARNINGS FROM INVESTED ENDOWMENT FUNDS WERE TRANSFERRED TO THE UNIVERSITY OF TENNESSEE. THE EARNINGS WILL BE USED FOR SCHOLARSHIPS, FELLOWSHIPS, LIBRARIES, RESEARCH, AND OTHER ACADEMIC RELATED PURPOSES. ALSO, AMOUNTS FUNDED BY RESTRICTED GIFTS FROM DONORS WERE PAID TO THE UNIVERSITY TO COVER THE COSTS OF CONSTRUCTION, RENOVATIONS AND VARIOUS OTHER PROJECTS.


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)Compensation
William R Bryant Jr
Development
$393,669
Love Collins III
Development
$347,319
Woodrow M Henderson
Development
$297,571
Kurt J Gulbrand
Development
$278,459
Duane Wiles
Development
$246,614
Bethany K Goolsby
Development
$238,260

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ellucian
Software Servic
$206,501
Imodules
Mgmt Software
$139,628
Stelter Company
Management Cons
$132,107
Smg
Event Venue
$121,077
Marketing Communication Resource In
Printing & Publ
$186,870
View All Vendors

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$152,110,486
Noncash contributions included in lines 1a–1f $15,671,931
Total Revenue from Contributions, Gifts, Grants & Similar$152,110,486
Total Program Service Revenue$0
Investment income $17,153,275
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $404,664
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $198,804,674

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The University Of Tennessee Foundat Ion Inc has recieved totaling $22,244.

Awarding OrganizationAmount
$17,244
The Fullgraf Foundation

Wilmington, DE

PURPOSE: UNIVERSITY OF TENNESSEE INSTITUTE OF AGRICULTURE ADVANCING EQUINE HEALTH

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$318,493,543
Earnings$86,638,728
Net Contributions$82,158,808
Grants$13,248,256
Ending Balance$474,042,823

Create an account to unlock the data you need.

or