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
2022-06-01
Description
UA Foundation manages property, investments and expenditures for the benefit of The University of Akron, providing academic and physical support.
Total revenues
$26,694,571
2022
Total expenses
$17,424,752
2022
Total assets
$239,703,778
2022
Num. employees
0
2022

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, 2022, The Foundation helped fund 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, 2022, The Foundation provided funding for more than 730 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, 2022, The Foundation provided $180,000 towards The University's camera initiative to improve safety and security.
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, an 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 Execute A Plan for the Sale Or Transfer of Excess Property To Reduce the Size of the University of Akron's Campus.$249,000
Akron Community FoundationTo Provide Student Financial Support To the Early Childhood Development Program at the University of Akron College of Applied Science and Technology$244,499
Stein Dorothy H Charitable PFDNScholarship$223,053
...and 68 more grants received totalling $2,042,079

Personnel at The University of Akron Foundation

NameTitleCompensation
Dr. Stephen StorckInterim Chief Financial Officer
Tammy EwinVice President, Chief Communication and Marketing Officer
Wayne HillVice President and Chief of Staff
Dr. John A. MessinaVice President for Student Affairs
Jolene LaneVice President for Inclusion and Equity, and Title Ix Coordinator
...and 15 more key personnel

Financials for The University of Akron Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$17,369,913
Program services$0
Investment income and dividends$2,663,221
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$6,661,437
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$26,694,571

Form 990s for The University of Akron Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-062021-05-26990View PDF
2019-062020-10-02990View PDF
2018-062019-06-19990View PDF
2017-062018-01-18990View PDF
2016-062017-07-05990View PDF
...and 6 more Form 990s
Data update history
July 3, 2023
Updated personnel
Identified 7 new personnel
June 26, 2023
Updated personnel
Identified 4 new personnel
May 8, 2023
Received grants
Identified 1 new grant, including a grant for $10,000 from Automobile Dealers Educational Assistance Foundation
August 2, 2022
Received grants
Identified 6 new grant, including a grant for $48,516 from The Miami Foundation
October 3, 2021
Received grants
Identified 12 new grant, including a grant for $263,200 from Akron Community Foundation
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportCommunity engagement / volunteeringTax deductible donationsNo full-time employees
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) 972-6436
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
Independent
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