EIN 62-1844686

The University of Tennessee Foundation

IRS 501(c) type
501(c)(3)
Num. employees
294
Year formed
2001
Most recent tax filings
2022-06-01
NTEE code, primary
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
$225,358,367
2022
Total expenses
$143,285,529
2022
Total assets
$780,706,685
2022
Num. employees
294
2022

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
Haslam Family FoundationHaslam College Naming Endowment$5,600,000
The Boyd FoundationEnriches the Lives of the Students, Faculty, Staff, Alumni and Friends of the University of Tennessee Through Alumni Engagement, Financial Stewardship, and Private Gift Support.$3,260,000
National Philanthropic TrustEducation$3,251,730
...and 134 more grants received totalling $38,062,485

Personnel at The University of Tennessee Foundation

NameTitleCompensation
Adam HellerTreasurer and Chief Financial Officer$164,754
Kerry Witcher UtfiVice President
Terri ClarkDirector of Prospect Development / Director of Prospect Research and Management
Jackie WiseSenior Director of Communications
Melissa SmithDirector of Alumni Marketing and Special Events / Director of Marketing and Special Events
...and 15 more key personnel

Financials for The University of Tennessee Foundation

RevenuesFYE 06/2022
Total grants, contributions, etc.$157,873,961
Program services$0
Investment income and dividends$19,993,991
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$47,490,415
Total revenues$225,358,367

Form 990s for The University of Tennessee Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-15990View PDF
2021-062022-05-16990View PDF
2020-062021-05-05990View PDF
2019-062021-01-21990View PDF
2018-062019-05-14990View PDF
...and 9 more Form 990s

Organizations like The University of Tennessee Foundation

OrganizationLocationRevenue
The Florida State University FoundationTallahassee, FL$127,907,940
NDSU Foundation NDSU Foundation and Alumni AssociationFargo, ND$199,184,967
Univ of Iowa Center for AdvancementIowa City, IA$291,450,810
New Mexico State University FoundationLas Cruces, NM$93,998,424
The Ohio University FoundationAthens, OH$75,179,430
University of New Mexico FoundationAlbuquerque, NM$103,141,341
LSU FoundationBaton Rouge, LA$173,876,806
North Carolina Community Foundation (NCCF)Raleigh, NC$109,848,330
Florida Atlantic University Foundation (FAUF)Boca Raton, FL$79,320,542
Culver Educational FoundationCulver, IN$229,060,025
Data update history
July 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 4 new personnel
May 6, 2023
Received grants
Identified 8 new grant, including a grant for $8,286,500 from The Haslam Family Foundation
November 2, 2022
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportCommunity engagement / volunteeringTax deductible 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
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