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EIN 62-1844686

The University of Tennessee Foundation

IRS 501(c) type
501(c)(3)
Num. employees
256
City
Knoxville
State
Tennessee
Year formed
2001
Most recent tax filings
2023-06-01
NTEE code, primary
B84: Alumni Associations
Description
The University of Tennessee Foundation enriches the lives of the university's students, faculty, staff, alumni, and friends through alumni engagement, financial stewardship, and private gift support. Earnings from invested endowment funds are transferred to the university to comply with donor stipulations, supporting scholarships, fellowships, libraries, research, and other academic purposes.
Total revenues
$211,789,117
2023
Total expenses
$159,866,782
2023
Total assets
$879,180,812
2023
Num. employees
256
2023

Program areas at The University of Tennessee Foundation

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.

Who funds The University of Tennessee Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Bill and Crissy Haslam FoundationHaslam College Naming Endowment$2,600,000
The Urban Child InstituteProgram Support$2,500,000
The University of Tennesseewest Institute for Cancer ResearchCancer Research$2,500,000
...and 132 more grants received totalling $25,004,153

Personnel at The University of Tennessee Foundation

NameTitleCompensation
Kerry WitcherPresident and Chief Executive Officer$288,185
Adam HellerTreasurer and Chief Financial Officer$188,348
Kerry Witcher UtfiVice President
Terri ClarkDirector of Prospect Development / Director of Prospect Research and Management
Jackie WiseSenior Director of Communications
...and 14 more key personnel

Financials for The University of Tennessee Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$149,486,966
Program services$0
Investment income and dividends$29,563,424
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$32,738,727
Total revenues$211,789,117

Form 990s for The University of Tennessee Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-05990View PDF
2019-062021-01-21990View PDF
...and 10 more Form 990s
Data update history
September 24, 2024
Updated personnel
Identified 8 new personnel
August 25, 2024
Received grants
Identified 45 new grant, including a grant for $1,500,000 from The John D Tickle Foundation
July 25, 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 59 new grant, including a grant for $2,600,000 from Bill and Crissy Haslam Foundation
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
1525 University Ave Room 223
Knoxville, TN 37921
Metro area
Knoxville, TN
County
Knox County, TN
Website URL
utfi.org/ 
Phone
(865) 974-8926
IRS details
EIN
62-1844686
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B84: Alumni Associations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
CT0134313
FTB Entity ID
3045697
AB 488 data last updated ("as-of") date
2024-10-16
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