Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $387,500

• 1d · Related organizations

  $12,381,608

• 1f · All other contributions, gifts and grants

  $58,752,642

• 1g · Noncash contributions included above

  $10,239,532

• 2f · All other program service revenue

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

• 3 · Investment income

  total $9,945,500 · excluded $9,945,500

• 6a · Gross rents

  real property $150,363

• 6c · Rental income or loss

  real property $150,363 · personal property $0

• 6d · Net rental income or loss

  total $150,363 · excluded $150,363

• 7a · Gross sales of assets other than inventory

  securities $334,864,041

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

  securities $324,555,861

• 7c · Gain or loss

  securities $10,308,180 · other assets $0

• 7d · Net gain or loss

  total $10,308,180 · excluded $10,308,180

• 8a · Fundraising events: gross income

  $356,000

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

  $387,500

• 8b · Fundraising events: direct expenses

  $553,066

• 8c · Net income from fundraising events

  total -$197,066 · excluded -$197,066

• 11a · Other revenue: MISCELANEOUS REVENUE

  total $998,215 · excluded $998,215

• 11b · Other revenue: NSHE ENDOWNMENT MANAGEMENT FEE

  total $737,565 · excluded $737,565

• 11d · All other revenue

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

• 11e · Other revenue, total

  $1,735,780

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $57,657,830 · program services $57,657,830

• 5 · Compensation of officers, directors and key employees

  total $1,570,667 · management and general $606,953 · fundraising $963,714

• 7 · Other salaries and wages

  total $4,713,531 · management and general $2,622,120 · fundraising $2,091,411

• 9 · Other employee benefits

  total $2,081,435 · management and general $1,083,726 · fundraising $997,709

• 11b · Fees: legal

  total $7,803 · management and general $7,803

• 11c · Fees: accounting

  total $92,295 · management and general $92,295

• 11e · Fees: professional fundraising services

  total $106,271 · fundraising $106,271

• 11f · Fees: investment management

  total $1,259,976 · management and general $1,259,976

• 11g · Fees: other

  total $2,360,570 · program services $0 · management and general $2,335,941 · fundraising $24,629

• 12 · Advertising and promotion

  total $43,569 · management and general $43,569

• 13 · Office expenses

  total $731,702 · management and general $518,202 · fundraising $213,500

• 14 · Information technology

  total $1,177,846 · management and general $1,177,846

• 17 · Travel

  total $123,406 · fundraising $123,406

• 19 · Conferences, conventions and meetings

  total $241,291 · management and general $212,747 · fundraising $28,544

• 20 · Interest

  total $353,969 · management and general $353,969

• 21 · Payments to affiliates

  total $315,000 · management and general $315,000

• 22 · Depreciation, depletion and amortization

  total $60,087 · management and general $60,087

• 23 · Insurance

  total $41,204 · management and general $41,204

• 24a · Other expenses: Bad Debt Expense

  total $1,621,827 · management and general $1,621,827

• 24b · Other expenses: Stewardship and Donor Relations

  total $494,965 · fundraising $494,965

• 24c · Other expenses: Recognition

  total $27,112 · management and general $27,112

• 24d · Other expenses: All other expenses

  total $4,061 · management and general $4,061

• 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 $8,956,086 · end of year $5,284,241

• 2 · Savings and temporary cash investments

  beginning of year $10,627,399 · end of year $13,060,217

• 3 · Pledges and grants receivable

  beginning of year $17,412,893 · end of year $25,079,648

• 4 · Accounts receivable

  beginning of year $1,330,488 · end of year $886,264

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $79,769 · end of year $159,251

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

  $9,936,318

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

  $1,371,494

• 10c · Land, buildings and equipment, net

  beginning of year $1,057,984 · end of year $8,564,824

• 11 · Investments: publicly traded securities

  beginning of year $164,143,828 · end of year $96,921,150

• 12 · Investments: other securities

  beginning of year $299,508,772 · end of year $405,366,420

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $4,692,481 · end of year $5,192,262

• 17 · Accounts payable and accrued expenses

  beginning of year $1,026,563 · end of year $844,575

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $1,817,833 · end of year $5,060,034

• 27 · Net assets without donor restrictions

  beginning of year $3,936,326 · end of year $6,329,841

• 28 · Net assets with donor restrictions

  beginning of year $501,028,978 · end of year $548,279,827

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

415(M) DISCLOSURE UNLV, A RELATED ORGANIZATION, PROVIDES A 415(M) SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN TO CERTAIN EXECUTIVES. THE FOLLOWING INDIVIDUALS PARTICIPATE IN THE PLAN: -TIFFANY VICKERS -ALAN DISKIN -GOCE MUSOVSKI -JIM CLINTON -ERIC SCHIMMOELLER -RICKEY MCCURRY -KEITH WHITFIELD -BLAKE DOUGLAS NO AMOUNTS WERE VESTED OR PAID OUT DURING CALENDAR YEAR 2024.

Schedule J, Part I, Line 3 Establish Compensation

THE UNLV FOUNDATION EMPLOYEES ARE COMPENSATED THROUGH A COMMON PAYMASTER BY A RELATED ORGANIZATION (UNLV). THE UNLV FOUNDATION REIMBURSES THE RELATED ORGANIZATION FOR ITS ALLOCATED SALARY EXPENSE. THE PARENT ORGANIZATION OF THE RELATED ORGANIZATION USED THE FOLLOWING TO ESTABLISH COMPENSATION FOR THE UNLV FOUNDATION'S TOP MANAGEMENT OFFICIAL: COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• Rebel Pursuits LLC

  Property Management · NV · income $276,203 · assets $11,509,557

  Directly controlled by UNLV Foundation

Related corporations and trusts

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

• CLR AND KSR 1996 CHARITABLE REMAINDER UN

  Trust · N/A

  Directly controlled by NA

• KAPLAN CHARITABLE REMAINDER UNITRUST DTD

  Trust · N/A

  Directly controlled by NA