Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $1,896,602

• 1f · All other contributions, gifts and grants

  $15,103,953

• 1g · Noncash contributions included above

  $1,105,781

• 3 · Investment income

  total $6,124,245 · excluded $6,124,245

• 7a · Gross sales of assets other than inventory

  securities $3,065,666

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

  securities $1,347,637

• 7c · Gain or loss

  securities $1,718,029

• 7d · Net gain or loss

  total $1,718,029 · unrelated business -$75,827 · excluded $1,793,856

• 8a · Fundraising events: gross income

  $86,530

• 8a · Fundraising events: contributions included on line 1c

  $1,896,602

• 8b · Fundraising events: direct expenses

  $160,994

• 8c · Net income from fundraising events

  total -$74,464 · excluded -$74,464

• 11a · Other revenue: Interco & Other Rev

  total $93,134 · related or exempt $93,134

• 11e · Other revenue, total

  $93,134

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $26,412,492 · program services $26,412,492

• 11f · Fees: investment management

  total $403,825 · management and general $403,825

• 11g · Fees: other

  total $109,177 · management and general $109,177

• 12 · Advertising and promotion

  total $334,777 · management and general $24,022 · fundraising $310,755

• 13 · Office expenses

  total $243,514 · management and general $243,514

• 14 · Information technology

  total $251,720 · management and general $251,720

• 17 · Travel

  total $525,376 · fundraising $525,376

• 19 · Conferences, conventions and meetings

  total $208,623 · management and general $208,623

• 24a · Other expenses: Annuity payments

  total $53,105 · program services $53,105

• 24b · Other expenses: Memberships

  total $70,021 · management and general $70,021

• 24c · Other expenses: Repairs and Maintenance

  total $33 · management and general $33

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $78,553,973 · end of year $66,959,834

• 3 · Pledges and grants receivable

  beginning of year $25,416,540 · end of year $23,004,601

• 7 · Other notes and loans receivable

  beginning of year $1,889,294 · end of year $1,164,858

• 11 · Investments: publicly traded securities

  beginning of year $69,041,309 · end of year $84,892,362

• 12 · Investments: other securities

  beginning of year $7,433,374 · end of year $7,406,579

• 13 · Investments: program-related

  beginning of year $6,169,064 · end of year $5,425,065

• 15 · Other assets

  beginning of year $1,462,115 · end of year $1,510,287

• 25 · Other liabilities

  beginning of year $1,520,036 · end of year $1,541,786

• 27 · Net assets without donor restrictions

  beginning of year $9,671,468 · end of year $7,858,293

• 28 · Net assets with donor restrictions

  beginning of year $178,774,165 · end of year $180,963,507

The filer's explanations (Part III)

Related organization compensation method (Part I, line 3)

The Universitys Human Resources department determines the salary of the Foundatoins CEO.