Form 990 for tax year 2024
Filed by UNIVERSTY COLLEGE LONDON FRIENDS AND ALUMNI ASSOCIATION INC.
Totals
- Total revenue
- $1,917,228
- Total expenses
- $746,671
- Contributions and grants received
- $1,482,152
- Grants paid
- $591,187
- Program service revenue
- $0
- Investment income
- $436,101
- Other revenue
- -$1,025
- Total assets, end of year
- $14,846,884
- Total liabilities, end of year
- $1,800
- Net assets or fund balances, end of year
- $14,845,084
- Program services expenses (Part IX)
- $591,187
- Management and general expenses
- $155,484
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $591,187
Program services were 79.2% 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.
-
1f · All other contributions, gifts and grants
$1,482,152
-
1g · Noncash contributions included above
$114,230
-
3 · Investment income
total $297,816 · excluded $297,816
-
7a · Gross sales of assets other than inventory
securities $3,196,520
-
7b · Less cost or other basis and sales expenses
securities $3,058,235
-
7c · Gain or loss
securities $138,285
-
7d · Net gain or loss
total $138,285 · excluded $138,285
-
11a · Other revenue: FOREIGN EXCHANGE GAIN/LOSS
total -$217 · excluded -$217
-
11b · Other revenue: PARTNERSHIP INCOME
total -$808 · excluded -$808
-
11e · Other revenue, total
-$1,025
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $591,187 · program services $591,187
-
11c · Fees: accounting
total $19,600 · management and general $19,600
-
11f · Fees: investment management
total $99,530 · management and general $99,530
-
11g · Fees: other
total $27,000 · management and general $27,000
-
16 · Occupancy
total $2,735 · management and general $2,735
-
23 · Insurance
total $4,886 · management and general $4,886
-
24a · Other expenses: OTHER EXPENSE
total $1,733 · management and general $1,733
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $181,251 · end of year $189,694
-
4 · Accounts receivable
beginning of year $249,967 · end of year $1,378,589
-
11 · Investments: publicly traded securities
beginning of year $12,358,318 · end of year $13,278,601
-
17 · Accounts payable and accrued expenses
beginning of year $4,330 · end of year $1,800
-
18 · Grants payable
beginning of year $143,451 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $2,694,039 · end of year $3,829,346
-
28 · Net assets with donor restrictions
beginning of year $9,947,716 · end of year $11,015,738
Mission and programs · 2024
Mission
SEE SCHEDULE O
Activities or mission (Part I)
TO DEVELOP UNIVERSITY COLLEGE LONDON'S ("UCL") EXISTING LINKS WITH ALUMNI AND OTHERS IN THE USA.
-
TO UNIVERSITY COLLEGE LONDON IN THE UK AND PAID TO SUPPORT VARIOUS CAUSES INCLUDING HEALTH RESEARCH, SCHOLARSHIPS, AND OPERATING FUNDS.
Expenses $591,187 · Grants $591,187
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Nicole McKnightNICOLE MCKNIGHT
VICE-PRESIDENT
- Total calculated
- $0
- Hours/week
- 2.5
-
Claudia PaceCLAUDIA PACE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Tres SeippelTRES SEIPPEL
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
May AkrawiMAY AKRAWI
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1.5
-
John KellyJOHN KELLY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Kira ElveyKIRA ELVEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Frances MooreFRANCES MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Gad BerdugoGAD BERDUGO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deepak KamlaniDEEPAK KAMLANI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Binti YostBINTI YOST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
Rebecca WhithamREBECCA WHITHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Nic DufeuNIC DUFEU
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1.5
-
Mark ClearyMARK CLEARY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Simon HarrisSIMON HARRIS
CO-TREASURER
- Total calculated
- $0
- Hours/week
- 1.5
-
Jennie CampbellJENNIE CAMPBELL
ASSISTANT SECRETARY
- Total calculated
- $0
- Hours/week
- 1.5
-
Emma CheungEMMA CHEUNG
SECRETARY
- Total calculated
- $0
- Hours/week
- 2.5
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.
Grants on this return
No itemized grants to organizations on this return.
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 COLLEGE LONDON (UCL)
EDUCATION, RESEARCH, INNOVATION · UK
Directly controlled by THE UNIVERSITY
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543179349302054
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