EIN 04-6013152

University of Massachusetts Foundation

IRS 501(c) type
501(c)(3)
Num. employees
19
City
Year formed
1950
Most recent tax filings
2020-06-01
Description
The mission of the University of Massachusetts Foundation is to foster and promote the growth, progress and general welfare of the University of Massachusetts as stated in the original 1950 Articles of Organization.
Total revenues
$48,530,151
2020
Total expenses
$28,054,629
2020
Total assets
$642,455,669
2020
Num. employees
19
2020

Program areas at University of Massachusetts Foundation

The University of Massachusetts Foundation, Inc. Invests funds for the benefit of the University of Massachusetts including, but not limited to support of the scholarship and education programs and general program services expenditures.

Grants made by University of Massachusetts Foundation

GranteeGrant descriptionAmount
University of MassachusettsSee Part Iv$16,623,686

Who funds University of Massachusetts Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundEducation$1,650,816
The Oprah Winfrey Charitable FoundationCreate the Owc Foundation Endowment$1,500,000
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$500,000
...and 42 more grants received totalling $5,602,266

Personnel at University of Massachusetts Foundation

NameTitleCompensation
Jonathan GibbonsChief Investment Officer$500,429
Daniel SwartzExecutive Director , Advancement$129,315
Geoffrey BowesManaging Director , Investment Team$310,812
Linda LiangDirector of Operations$163,657
Christopher YouldenSenior Financial Analyst$134,084
...and 9 more key personnel

Financials for University of Massachusetts Foundation

RevenuesFYE 06/2020
Total grants, contributions, etc.$31,505,786
Program services$0
Investment income and dividends$-966,990
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$6,996,884
Net income from fundraising events$-18,658
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$11,013,129
Total revenues$48,530,151

Form 990s for University of Massachusetts Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-062021-05-28990View PDF
2019-062020-12-10990View PDF
2018-062019-06-19990View PDF
2017-062018-06-14990View PDF
2016-062017-08-16990View PDF
...and 6 more Form 990s
Data update history
August 3, 2022
Received grants
Identified 5 new grant, including a grant for $50,593 from PayPal Giving Fund
September 22, 2021
Received grants
Identified 22 new grant, including a grant for $346,000 from The Boston Foundation (TBF)
September 20, 2021
Posted financials
Added Form 990 for fiscal year 2020
September 13, 2021
Updated personnel
Identified 4 new personnel
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsResearch centersCharities
Issues
Social sciencesEducation
Characteristics
Funds one specific organizationProvides grantsConducts researchFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
1 Beacon St 31st FLR
Boston, MA 02108
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
umassfoundation.org/s/1355/umass/18/home.aspx 
Facebook page
UniversityofMassachusetts 
Twitter profile
@umass 
IRS details
EIN
04-6013152
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1950
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
V11: Social Science Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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