EIN 04-6013152

University of Massachusetts Foundation

IRS 501(c) type
501(c)(3)
Num. employees
13
City
Year formed
1950
Most recent tax filings
2022-06-01
Description
The mission of the University of Massachusetts Foundation is to foster and promote the growth, progress and general welfare of the University of Massachusetts as stated in the original 1950 Articles of Organization.
Total revenues
$315,298,982
2022
Total expenses
$29,200,176
2022
Total assets
$988,407,109
2022
Num. employees
13
2022

Program areas at University of Massachusetts Foundation

The University of Massachusetts Foundation, Inc. Invests funds for the benefit of the University of Massachusetts including, but not limited to support of the scholarship and education programs and general program services expenditures.

Grants made by University of Massachusetts Foundation

GranteeGrant descriptionAmount
University of MassachusettsSee Part Iv$19,248,681

Who funds University of Massachusetts Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Non-Profit Management FoundationTechnology & Equipment$680,000
Fidelity Non-Profit Management FoundationTechnology & Equipment$600,000
Robert and Ardis James FoundationGeneral & Unrestricted$550,000
...and 80 more grants received totalling $6,767,805

Personnel at University of Massachusetts Foundation

NameTitleCompensation
Barry F. MorrisonChief Financial Officer
Jon GibbonsChief Investment Officer
Theresa M. Curry, J.D.Vice President, Development and Constituent Engagement and Associate General Counsel
Geoffrey BowesManaging Director, Investment Team$356,638
Linda LiangDirector of Operations$192,574
...and 19 more key personnel

Financials for University of Massachusetts Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$295,558,007
Program services$0
Investment income and dividends$-8,607,499
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$15,820,041
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$12,528,433
Total revenues$315,298,982

Form 990s for University of Massachusetts Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-28990View PDF
2019-062020-12-10990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s

Organizations like University of Massachusetts Foundation

OrganizationLocationRevenue
Washington State University Foundation (WSU)Pullman, WA$106,044,352
University of Illinois FoundationUrbana, IL$360,635,048
University of Arizona FoundationTucson, AZ$279,111,154
The Pittsburgh FoundationPittsburgh, PA$91,513,611
KU EndowmentLawrence, KS$404,903,174
University of Mississippi FoundationOxford, MS$95,544,401
Virginia Tech FoundationBlacksburg, VA$317,072,936
Saint Paul and Minnesota FoundationSaint Paul, MN$122,971,818
Arizona Community FoundationPhoenix, AZ$122,702,351
Georgia Tech FoundationAtlanta, GA$283,884,508
Data update history
May 18, 2024
Received grants
Identified 38 new grant, including a grant for $680,000 from Fidelity Non-Profit Management Foundation
October 25, 2023
Received grants
Identified 4 new grant, including a grant for $69,500 from American Endowment Foundation
August 19, 2023
Received grants
Identified 56 new grant, including a grant for $2,895,115 from Independent University Alumni Association at Lowell
July 17, 2023
Updated personnel
Identified 13 new personnel
July 10, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsLobbyingOperates internationallyState / local levelReceives government fundingEndowed supportFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
100 Carlson Ave Building 12
Newton, MA 02459
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Facebook page
UniversityofMassachusetts 
Twitter profile
@umass 
IRS details
EIN
04-6013152
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1950
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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