Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $52

• 1c · Fundraising events

  $227,450

• 1d · Related organizations

  $460,000

• 1f · All other contributions, gifts and grants

  $21,214,611

• 1g · Noncash contributions included above

  $1,455,027

• 3 · Investment income

  total $5,407,245 · unrelated business $278,422 · excluded $5,128,823

• 7a · Gross sales of assets other than inventory

  securities $147,382,358

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

  securities $151,530,020

• 7c · Gain or loss

  securities -$4,147,662

• 7d · Net gain or loss

  total -$4,147,662 · unrelated business $77,948 · excluded -$4,225,610

• 8a · Fundraising events: gross income

  $69,870

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

  $227,450

• 8b · Fundraising events: direct expenses

  $129,489

• 8c · Net income from fundraising events

  total -$59,619 · excluded -$59,619

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $10,510 · excluded $10,510

• 11e · Other revenue, total

  $10,510

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $26,615,329 · program services $26,615,329

• 2 · Grants to domestic individuals

  total $5,865,116 · program services $5,865,116

• 5 · Compensation of officers, directors and key employees

  total $545,992 · management and general $545,992

• 7 · Other salaries and wages

  total $2,023,770 · management and general $170,238 · fundraising $1,853,532

• 8 · Pension plan contributions

  total $459,998 · management and general $67,647 · fundraising $392,351

• 9 · Other employee benefits

  total $868,242 · management and general $167,180 · fundraising $701,062

• 10 · Payroll taxes

  total $177,807 · management and general $44,013 · fundraising $133,794

• 11b · Fees: legal

  total $30,959 · management and general $30,959

• 11c · Fees: accounting

  total $179,585 · management and general $179,585

• 11e · Fees: professional fundraising services

  total $170,026 · fundraising $170,026

• 11f · Fees: investment management

  total $1,647,857 · management and general $1,647,857

• 11g · Fees: other

  total $137,657 · management and general $73,421 · fundraising $64,236

• 12 · Advertising and promotion

  total $74,674 · management and general $39,828 · fundraising $34,846

• 13 · Office expenses

  total $76,632 · management and general $63,118 · fundraising $13,514

• 14 · Information technology

  total $502,404 · management and general $28,957 · fundraising $473,447

• 16 · Occupancy

  total $111,473 · management and general $91,815 · fundraising $19,658

• 17 · Travel

  total $158,862 · management and general $59,197 · fundraising $99,665

• 19 · Conferences, conventions and meetings

  total $181,203 · management and general $73,214 · fundraising $107,989

• 23 · Insurance

  total $8,432 · management and general $4,497 · fundraising $3,935

• 24a · Other expenses: EDUCATION & TRAINING

  total $77,969 · management and general $41,586 · fundraising $36,383

• 24b · Other expenses: MEMBERSHIPS, DUES & SUB

  total $56,711 · management and general $30,247 · fundraising $26,464

• 24c · Other expenses: FUNDRAISING EXPENSES

  total $36,277 · management and general $0 · fundraising $36,277

• 24d · Other expenses: LICENSES, TAXES & FEES

  total $31,697 · management and general $16,906 · fundraising $14,791

• 24e · All other expenses

  total $20,641 · management and general $11,010 · fundraising $9,631

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $4,015,825 · end of year $4,511,431

• 3 · Pledges and grants receivable

  beginning of year $13,718,060 · end of year $7,403,450

• 8 · Inventories for sale or use

  beginning of year $133,982 · end of year $57,433

• 9 · Prepaid expenses and deferred charges

  beginning of year $152,563 · end of year $168,192

• 11 · Investments: publicly traded securities

  beginning of year $120,852,550 · end of year $145,725,914

• 12 · Investments: other securities

  beginning of year $407,218,896 · end of year $411,822,709

• 15 · Other assets

  beginning of year $1,442,131 · end of year $1,530,669

• 17 · Accounts payable and accrued expenses

  beginning of year $1,017,893 · end of year $1,533,879

• 18 · Grants payable

  beginning of year $3,268,127 · end of year $1,188,831

• 19 · Deferred revenue

  beginning of year $5,000 · end of year $5,000

• 25 · Other liabilities

  beginning of year $175,134,078 · end of year $184,111,148

• 27 · Net assets without donor restrictions

  beginning of year $28,096,951 · end of year $29,370,538

• 28 · Net assets with donor restrictions

  beginning of year $340,011,958 · end of year $355,010,402

The filer's explanations (Part III)

PART I, LINE 3

THE UA FOUNDATION'S COMPENSATION SYSTEM IS ADMINISTERED BY THE UNIVERSITY OF ALASKA'S HUMAN RESOURCES DEPARTMENT IN ACCORDANCE WITH THE UNIVERSITY'S POLICIES AND PROCEDURES. THE UNIVERSITY OF ALASKA IS CONSIDERED AN UNRELATED ORGANIZATION AS THEY ARE INDEPENDENT OF THE UNIVERSITY OF ALASKA FOUNDATION.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• UNIVERSITY OF ALASKA FOUNDATION CONSOLIDATED ENDOWMENT FUND LP

  INVESTMENT · INVESTMENT MANAGEMENT · DE · 99.99% owned · share of income $27,578,385 · share of assets $420,876,114

  Directly controlled by UNIVERSITY OF ALASKA FOUNDATION