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Nonprofiteer
← UNIVERSITY OF ARKANSAS FAYETTEVILLE CAMPUS FOUNDATION INC

Form 990 for tax year 2023

Filed by UNIVERSITY OF ARKANSAS FAYETTEVILLE CAMPUS FOUNDATION INC.

Totals

Total revenue
$15,514,443
Total expenses
$33,544,439
Contributions and grants received
$0
Grants paid
$27,300,954
Program service revenue
$0
Investment income
$15,514,443
Other revenue
$0
Total assets, end of year
$708,325,282
Total liabilities, end of year
$435,846
Net assets or fund balances, end of year
$707,889,436
Program services expenses (Part IX)
$32,322,060
Management and general expenses
$1,222,379
Fundraising expenses
$0
Program service expenses (Part III)
$32,322,060

Program services were 96.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $10,714,756 · excluded $10,714,756

  • 7a · Gross sales of assets other than inventory

    securities $353,247,042

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

    securities $348,447,355

  • 7c · Gain or loss

    securities $4,799,687

  • 7d · Net gain or loss

    total $4,799,687 · excluded $4,799,687

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $27,300,954 · program services $27,300,954

  • 11f · Fees: investment management

    total $1,222,379 · management and general $1,222,379

  • 24a · Other expenses: OVERHEAD DISTRIBUTIONS

    total $5,021,106 · program services $5,021,106

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $36,752,380 · end of year $36,333,562

  • 11 · Investments: publicly traded securities

    beginning of year $212,745,766 · end of year $213,426,029

  • 12 · Investments: other securities

    beginning of year $415,442,153 · end of year $458,565,691

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,532,086 · end of year $435,846

  • 28 · Net assets with donor restrictions

    beginning of year $662,408,213 · end of year $707,889,436

Mission and programs · 2023

Mission

TO PROVIDE SUPPORT FOR THE HONORS COLLEGE AND GRADUATE SCHOOL AT THE UNIVERSITY OF ARKANSAS FAYETTEVILLE CAMPUS.

  • SCHOLARSHIPS & AWARDS FOR STUDENTS OF THE HONORS COLLEGE AND GRADUATE SCHOOL AT THE UNIVERSITY OF ARKANSAS FAYETTEVILLE CAMPUS.

    Expenses $17,963,785 · Grants $17,963,785

  • DESIGNATED FUNDS, GRANTS & ALLOCATIONS TO SUPPORT THE HONORS COLLEGE AND GRADUATE SCHOOL AT THE UNIVERSITY OF ARKANSAS FAYETTEVILLE CAMPUS.

    Expenses $7,137,370 · Grants $7,137,370

  • DESIGNATED FUNDS, GRANTS & ALLOCATIONS TO SUPPORT RESEARCH AT THE UNIVERSITY OF ARKANSAS FAYETTEVILLE CAMPUS.

    Expenses $2,199,799 · Grants $2,199,799

  • DESIGNATED FUNDS TO FUND ADMINISTRATIVE/OVERHEAD DISTRIBUTIONS FOR THE UNIVERSITY OF ARKANSAS FAYETTEVILLE CAMPUS.

    Expenses $5,021,106

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Peter G Kumpe

    BOARD OF DIRECTORS/PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5

  • Charles Robinson

    BOARD OF DIRECTORS/VICE PRESIDENT

    Total calculated
    $778,366
    From this org
    $0
    From related orgs
    $478,161
    Other
    $300,205
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $466,161 related
    Bonus
    $0
    Other
    $0 + $12,000 related
    Deferred
    $0 + $283,000 related
    Nontaxable benefits
    $0 + $17,205 related
    Filer's total
    $0 + $778,366 related

  • Buddy D Philpot

    BOARD OF DIRECTORS/SECRETARY/TREAS.

    Total calculated
    $0
    Hours/week
    0.5

  • Kim Needy

    BOARD OF DIRECTORS

    Total calculated
    $452,608
    From this org
    $0
    From related orgs
    $396,148
    Other
    $56,460
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $396,148 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $33,000 related
    Nontaxable benefits
    $0 + $23,460 related
    Filer's total
    $0 + $452,608 related

  • Terry Martin

    BOARD OF DIRECTORS

    Total calculated
    $399,625
    From this org
    $0
    From related orgs
    $341,169
    Other
    $58,456
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $329,169 related
    Bonus
    $0
    Other
    $0 + $12,000 related
    Deferred
    $0 + $33,000 related
    Nontaxable benefits
    $0 + $25,456 related
    Filer's total
    $0 + $399,625 related

  • David Short

    BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    0.5

  • Erron Smith

    BOARD OF DIRECTORS

    Total calculated
    $0
    Hours/week
    0.5

  • Naccaman Williams

    ASSISTANT SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

  • UNIVERSITY OF ARKANSAS FAYETTEVILLE CAMPUS

    $27,300,954

    TO SUPPORT THE HONORS COLLEGE & RESEARCH AT THE UNIVERSITY OF ARKANSAS FAYETTEVILLE.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • UNIVERSITY OF ARKANSAS - FAYETTEVILLE CAMPUS

    EDUCATION & RESEARCH · AR

Provenance

Return type
form_990
Tax year
2023
Filed
11 February 2025
IRS schema version
2023v6.0
Source object
202510469349300926

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