EIN 34-6575496

The University of Akron Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
State
Year formed
1966
Most recent tax filings
2023-06-01
Description
UA Foundation manages property, investments and expenditures for the benefit of The University of Akron, providing academic and physical support.
Total revenues
$16,632,940
2023
Total expenses
$18,797,090
2023
Total assets
$251,625,335
2023
Num. employees
0
2023

Program areas at The University of Akron Foundation

Academic support: The University of Akron Foundation provides many opportunities for students and faculty to grow and excel through academic support. During The fiscal year ended june 30, 2023, The Foundation helped fund over 78 college and department accounts, 15 academic chair accounts, 14 lectureship accounts, 13 fellowship accounts, 13 internship accounts, 8 professorship accounts, 5 institute accounts, 2 pre-college program accounts, 2 center accounts, and The history of psychology archive account at The University of Akron.
Student financial aid: one of The Foundation's objectives is to assist The University of Akron with funding for student financial aid. During The fiscal year ended june 30, 2023, The Foundation provided funding for more than 1,000 scholarship accounts within The University of Akron.
Physical improvements and operational support: The University of Akron Foundation continues to support The University of Akron campus enhancements by funding or helping to fund physical improvements. During The fiscal year ended june 30, 2023, The Foundation provided The following:1) $500,000 for athletic field house weight room2) $80,000 for hower house hvac3) $191,000 athletic track renovation
Auxilliary programs: The University of Akron Foundation provided donor-designated financial assistance to The athletic program, The performing arts hall at The University of Akron, and hower house, a historic building owned by The University of Akron.

Who funds The University of Akron Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
John S. and James L. Knight FoundationTo Support the Transformation of the Polsky Building Into A Center of Entrepreneurship, Community Collaboration, Artistic Performances and Learning; and To Contribute To the Civic and Economic Vibrancy of Downtown Akron.$12,000,000
John S. and James L. Knight FoundationTo Support the Transformation of the Polsky Building Into A Center of Entrepreneurship, Community Collaboration, Artistic Performances and Learning; and To Contribute To the Civic and Economic Vibrancy of Downtown Akron.$12,000,000
Akron Community FoundationTo Support Summit County K-3 Teachers in Evidence-Based Reading Instruction for At-Risk Readers Through An Equity-Informed Multi-Tiered System of Supports$348,203
...and 62 more grants received totalling $26,292,437

Personnel at The University of Akron Foundation

NameTitleCompensation
Misty VillersInterim Vice President and Chief Financial Officer
Tammy EwinVice President , Chief Communication and Marketing Officer
Sarah KellyVice President of Human Resources and Chief Human Resources Officer
Kimberly M. ColeVice President of Advancement$0
John A. MessinaVice President for Student Affairs
...and 3 more key personnel

Financials for The University of Akron Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$9,849,379
Program services$0
Investment income and dividends$1,469,398
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$5,314,163
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$16,632,940

Form 990s for The University of Akron Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-02990View PDF
2022-062023-05-15990View PDF
2021-062022-05-10990View PDF
2020-062021-05-26990View PDF
2019-062020-10-02990View PDF
...and 9 more Form 990s
Data update history
January 19, 2025
Received grants
Identified 18 new grant, including a grant for $12,000,000 from John S. and James L. Knight Foundation
October 20, 2024
Received grants
Identified 3 new grant, including a grant for $184,637 from The Miami Foundation
October 19, 2024
Updated personnel
Identified 14 new personnel
August 11, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 8, 2024
Updated personnel
Identified 6 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportCommunity engagement / volunteeringTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
302 Buchtel Common
Akron, OH 44325
Metro area
Akron, OH
County
Summit County, OH
Website URL
uakron.edu/treasurer/uaf.dot 
Phone
(330) 972-6388
IRS details
EIN
34-6575496
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1966
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
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0277731
FTB Entity ID
4797912
AB 488 data last updated ("as-of") date
2025-03-05
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