EIN 82-1504018

University Impact

IRS 501(c) type
501(c)(3)
Num. employees
30
City
State
Year formed
2018
Most recent tax filings
2022-12-01
NTEE code, primary
Description
University Impact was founded to accelerate solving the world's social and environmental problems, building an ecosystem consisting of university students and impact startups in need of consulting services. As a sponsoring organization, it maintains a portfolio of donor advised funds "dafs." Recently, University Impact held two online impact bootcamps, training 83 college students, and also helped perform due diligence by conducting deal screens on 66 companies, creating 22 due diligence memos, and making 14 new impact grants and investments. University Impact is located in Provo, UT.
Total revenues
$97,083,151
2022
Total expenses
$18,086,386
2022
Total assets
$135,449,105
2022
Num. employees
30
2022

Program areas at University Impact

University Impact held a number of online training sessions, training 113 students, and also helped perform due diligence by: i. Deal screens on 81 companies ii. 31 due diligence memos
The corporation also acts as a fiscal sponsor for emerging charitable projects that have not yet received federal tax exemption.
University Impact serves as a sponsoring organization as described in code section 4966(d)(1) and maintains a portfolio of donor advised funds dafs. Each daf is an account: i. Separately identified by reference to contributions of a donor or donors; ii. Owned and controlled by University Impact; iii. And has advisory, non-binding privileges with respect to the distributions or investments of the daf funds.

Grants made by University Impact

GranteeGrant descriptionAmount
The Church of Jesus Christ of Latter-Day SaintsTithing, Fast Offerings$8,295,196
Oswego College FoundationTo Support$1,000,000
Southern Highlands ReserveTo Support$525,000
...and 94 more grants made totalling $13,349,608

Who funds University Impact

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Endowment FoundationPhilanthropy$7,672,171
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$3,373,082
National Philanthropic TrustEducation$1,496,419
...and 12 more grants received

Personnel at University Impact

NameTitleCompensation
Daniel BlakeExecutive Director$9,616
Catherine TorringtonDirector of Student Programs
Aaron MillerBoard Member$0

Financials for University Impact

RevenuesFYE 12/2022
Total grants, contributions, etc.$101,870,367
Program services$36,783
Investment income and dividends$1,695,977
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-6,519,976
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$97,083,151

Form 990s for University Impact

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122023-05-25990View PDF
2020-122021-09-03990View PDF
2019-122021-01-28990View PDF
2018-122019-08-05990View PDF
Data update history
December 30, 2023
Updated personnel
Identified 9 new personnel
December 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 25, 2023
Updated personnel
Identified 4 new personnel
December 23, 2023
Used new vendors
Identified 3 new vendors, including , , and
October 25, 2023
Received grants
Identified 4 new grant, including a grant for $7,672,171 from American Endowment Foundation
Nonprofit Types
Social advocacy organizationsSchoolsCharities
Issues
Education
Characteristics
Operates donor advised fundsProvides grantsOperates internationallyTax deductible donationsFiscal sponsor
General information
Address
3507 N University Ave Ste 125
Provo, UT 84604
Metro area
Provo-Orem, UT
County
Utah County, UT
Website URL
universityimpact.org/ 
Phone
(385) 286-5900
IRS details
EIN
82-1504018
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B00: Education: General
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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