Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $144,281,697

• 1g · Noncash contributions included above

  $13,694,173

• 2a · Program service revenue: CONFERENCES & SEMINARS

  total $2,177,012 · related or exempt $2,177,012

• 2b · Program service revenue: OTHER PROFESSIONAL SERVICES

  total $7,849,211 · related or exempt $7,849,211

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $50,522,049 · excluded $50,522,049

• 5 · Royalties

  total $24,106 · excluded $24,106

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7a · Gross sales of assets other than inventory

  securities $232,171,887

• 7b · Less cost or other basis and sales expenses

  securities $211,415,384

• 7c · Gain or loss

  securities $20,756,503 · other assets $0

• 7d · Net gain or loss

  total $20,756,503 · excluded $20,756,503

• 11a · Other revenue: K-1 PASSTHROUGH

  total -$982,902 · unrelated business -$982,902

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  -$982,902

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $117,674,041 · program services $117,674,041

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 5 · Compensation of officers, directors and key employees

  total $2,026,002 · management and general $867,470 · fundraising $1,158,532

• 7 · Other salaries and wages

  total $11,142,982 · management and general $4,051,027 · fundraising $7,091,955

• 8 · Pension plan contributions

  total $758,389 · management and general $304,376 · fundraising $454,013

• 9 · Other employee benefits

  total $1,419,451 · management and general $501,314 · fundraising $918,137

• 10 · Payroll taxes

  total $974,398 · management and general $351,208 · fundraising $623,190

• 11b · Fees: legal

  total $214,032 · management and general $214,032

• 11c · Fees: accounting

  total $235,476 · management and general $235,476

• 11d · Fees: lobbying

  total $294,500 · program services $294,500

• 11f · Fees: investment management

  total $12,428,567 · management and general $12,428,567

• 11g · Fees: other

  total $9,583,954 · program services $7,851,077 · management and general $278,369 · fundraising $1,454,508

• 13 · Office expenses

  total $1,228,123 · program services $289,429 · management and general $444,327 · fundraising $494,367

• 14 · Information technology

  total $2,357,078 · program services $290,442 · management and general $1,980,536 · fundraising $86,100

• 17 · Travel

  total $1,427,314 · program services $1,069,433 · management and general $7,896 · fundraising $349,985

• 19 · Conferences, conventions and meetings

  total $5,903,840 · program services $2,183,513 · management and general $11,266 · fundraising $3,709,061

• 22 · Depreciation, depletion and amortization

  total $270,887 · management and general $270,887

• 23 · Insurance

  total $301,113 · management and general $301,113

• 24a · Other expenses: Real Property Holding Costs

  total $51,722 · program services $425 · management and general $51,297

• 24b · Other expenses: Fees and Charges

  total $227,690 · management and general $195,380 · fundraising $32,310

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $3,176,393 · end of year $1,760,683

• 2 · Savings and temporary cash investments

  beginning of year $223,740,986 · end of year $267,141,578

• 3 · Pledges and grants receivable

  beginning of year $42,824,010 · end of year $34,298,756

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 10a · Land, buildings and equipment: cost or other basis

  $4,349,030

• 10b · Land, buildings and equipment: accumulated depreciation

  $3,306,872

• 10c · Land, buildings and equipment, net

  beginning of year $1,313,045 · end of year $1,042,158

• 11 · Investments: publicly traded securities

  beginning of year $438,757,775 · end of year $501,174,274

• 12 · Investments: other securities

  beginning of year $831,165,749 · end of year $844,181,122

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $4,317,543 · end of year $3,598,048

• 17 · Accounts payable and accrued expenses

  beginning of year $6,303,103 · end of year $5,781,496

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $240,279,866 · end of year $249,707,447

• 27 · Net assets without donor restrictions

  beginning of year $21,648,691 · end of year $24,683,370

• 28 · Net assets with donor restrictions

  beginning of year $1,277,063,841 · end of year $1,373,024,306

The filer's explanations (Part III)

Schedule J, Part I, Line 1a Health or social club dues or initiation fees

MEMBERSHIP AT A COUNTRY CLUB LOCATED IN TUCSON, AZ PROVIDES IMPORTANT INTERACTION WITH DONORS AND KEY CONSTITUENTS. AS A RESULT, THE FOUNDATION PAID FOR DUES AND BUSINESS RELATED EXPENSES FOR THE FOLLOWING OFFICER: JOHN-PAUL ROCZNIAK.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• CHARITABLE REMAINDER TRUSTS (46)

  TRUST · AZ

  Directly controlled by UNIVERSITY OF ARIZONA FOUNDATION