EIN 71-0540644

Razorback Foundation

IRS 501(c) type
501(c)(3)
Num. employees
30
Year formed
1981
Most recent tax filings
2023-06-01
Description
The Razorback Foundation is a nonprofit organization that supports intercollegiate athletics at the University of Arkansas by providing payments to and on behalf of the University's athletic department for facilities, construction, and renovation as well as operational funding. It is located in Fayetteville, AR.
Total revenues
$44,580,109
2023
Total expenses
$35,589,796
2023
Total assets
$93,945,531
2023
Num. employees
30
2023

Program areas at Razorback Foundation

Payments to and on behalf of the university of Arkansas athletic department for operational funding.
Payments to and on behalf of the university of Arkansas athletic department for scholarships.
Payments to and on behalf of the university of Arkansas athletic department for facilities, construction, and renovation.

Who funds Razorback Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Community Foundation of the Ozarks (CFO)Specific Program$470,000
Horace C Cabe FoundationGeneral$125,000
Charities Aid Foundation of AmericaCharitable Donation$114,530
...and 38 more grants received totalling $1,444,480

Personnel at Razorback Foundation

NameTitleCompensation
Billye VetetoChief Financial Officer$179,636
Meredith PettigrewDirector of Strategic Communications and Stewardship
Marvin CastonSenior Director of Development / Associate Director$154,192
Mica StrotherSenior Director of Development$150,007
Norm DebriynDebriyn Director of Development$109,598
...and 5 more key personnel

Financials for Razorback Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$43,218,118
Program services$0
Investment income and dividends$770,489
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$566,473
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$25,029
Total revenues$44,580,109

Form 990s for Razorback Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-15990View PDF
2021-062022-05-13990View PDF
2020-062021-05-18990View PDF
2019-062020-10-29990View PDF
...and 9 more Form 990s

Organizations like Razorback Foundation

OrganizationLocationRevenue
Virginia Athletics Foundation (VAF)Charlottesville, VA$45,190,995
Tiger Athletic FoundationBaton Rouge, LA$81,851,504
Astros Golf FoundationHouston, TX$28,837,644
Mountain West ConferenceColorado Springs, CO$78,195,311
Conference USADallas, TX$50,118,036
American Athletic ConferenceIrving, TX$123,403,258
Gator BoostersGainesville, FL$54,371,453
Mid-American ConferenceCleveland, OH$36,623,583
Big East ConferenceNew York, NY$87,177,962
Sun Belt ConferenceNew Orleans, LA$40,038,199
Data update history
August 10, 2024
Received grants
Identified 14 new grant, including a grant for $470,000 from Community Foundation of the Ozarks (CFO)
July 21, 2024
Updated personnel
Identified 2 new personnel
July 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Bodenhamer Foundation
February 4, 2024
Received grants
Identified 15 new grant, including a grant for $50,000 from The Schueck Family Foundation
Nonprofit Types
Grantmaking organizationsSports organizationsCharities
Issues
Human servicesSports
Characteristics
Provides grantsState / local levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
1295 S Razorback Rd Ste A
Fayetteville, AR 72701
Metro area
Fayetteville-Springdale-Rogers, AR
County
Washington County, AR
Website URL
razorbackfoundation.com/ 
Phone
(479) 443-9000
Facebook page
razorbackfoundation 
Twitter profile
@razorfoundation 
IRS details
EIN
71-0540644
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1981
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
N40: Sports Training Facilities, Agencies
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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