University Of Guam Endowment Foundation Inc

Organization Overview

University Of Guam Endowment Foundation Inc is located in Mangilao, GU. The organization was established in 1990. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Guam Endowment Foundation 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, University Of Guam Endowment Foundation Inc generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.6% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. 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

TO FOSTER AND PROMOTE THE GROWTH, PROGRESS AND GENERAL WELFARE OF THE UNIVERSITY OF GUAM. TO SOLICIT, RECEIVE, ADMINISTER AND DISBURSE GIFTS, GRANTS AND BEQUESTS OF PROPERTY OF EVERY KIND, AND TO HOLD THIS PROPERTY IN TRUST IN SUCH A MANNER THAT THE FOUNDATION DEEMS APPROPRIATE FOR THE BENEFIT OF THE UNIVERSITY OF GUAM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

UNIVERSITY OF GUAM FOUNDATION GRANTS PROVIDE FOR THE CAPITAL FUNDING NECESSARY TO IMPLEMENT VARIOUS CONSTRUCTION AND REMODELING PROJECTS FOR THE UNIVERSITY.


ENDOWED SCHOLARSHIPS. THE ENDOWED SCHOLARSHIPS LIST INCLUDED CURRENT SCHOLARSHIPS FOR WHICH THE FOUNDATION RECEIVES MONIES AND DISBURSES.


VARIOUS MISCELLANEOUS PROJECTS INCLUDING CENTER FOR ISLAND SUSTAINABILITY, SCHOOL OF BUSINESS & PUBLIC ADMINISTRATION, COLLEGE OF LIBERAL ARTS AND SOCIAL SCIENCES.


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Board, Officers & Key Employees

Name (title)Compensation
Jesse J Leon Guerrero
Chairman
$0
George Chiu
Treasurer
$0
Thomas W Krise
President & Executive Secr
$0
John T Calvo
Vice Chairman
$0
Roderick Leon Guerrero
Director
$0
Dr Saied Safabakhsh
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $11,603
All other contributions, gifts, grants, and similar amounts not included above$2,025,481
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,037,084
Total Program Service Revenue$0
Investment income $1,276,242
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,233,732
Net Income from Fundraising Events -$234
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,601,377

Grants Recieved

Over the last fiscal year, we have identified 1 grants that University Of Guam Endowment Foundation Inc has recieved totaling $35,000.

Awarding OrganizationAmount
Ocean Foundation

Washington, DC

PURPOSE: Support for climate strong island

$35,000
View Grant Recipient Profile

Peer Organizations

Organization NameAssets

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