EIN 71-0540644

Razorback Foundation

IRS 501(c) type
501(c)(3)
Num. employees
20
Year formed
1981
Most recent tax filings
2022-06-01
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
$32,561,743
2022
Total expenses
$18,328,627
2022
Total assets
$83,545,180
2022
Num. employees
20
2022

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
Horace C Cabe FoundationGeneral$125,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$104,300
American Endowment FoundationEducational$100,000
...and 37 more grants received totalling $1,028,992

Personnel at Razorback Foundation

NameTitleCompensation
Billye VetetoInterim Executive Director and Chief Financial Officer$166,233
Meredith PettigrewDirector of Strategic Communications and Stewardship
Marvin CastonSenior Director of Development / Associate Director$147,215
Mica StrotherSenior Director of Development$143,071
Norm DebriynDebriyn Director of Development$109,598
...and 5 more key personnel

Financials for Razorback Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$32,453,291
Program services$0
Investment income and dividends$268,089
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-189,830
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$30,193
Total revenues$32,561,743

Form 990s for Razorback Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2021-062022-05-13990View PDF
2020-062021-05-18990View PDF
2019-062020-10-29990View PDF
2018-062019-07-23990View PDF
...and 8 more Form 990s
Data update history
February 4, 2024
Received grants
Identified 15 new grant, including a grant for $50,000 from The Schueck Family Foundation
October 25, 2023
Received grants
Identified 4 new grant, including a grant for $100,000 from American Endowment Foundation
August 14, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 23, 2023
Received grants
Identified 32 new grant, including a grant for $410,150 from Massey Family Charitable Foundation
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSports organizationsCharities
Issues
Human servicesSports
Characteristics
Provides grantsState / local levelEndowed supportTax deductible 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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