Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $517,588

• 1f · All other contributions, gifts and grants

  $64,914,142

• 1g · Noncash contributions included above

  $6,898,706

• 2a · Program service revenue: UNIVERSITY FEE FOR SERVICES

  total $13,500,000 · related or exempt $13,500,000

• 2b · Program service revenue: UNIVERSITY ENDOWMENT ADMIN FEE

  total $353,302 · related or exempt $353,302

• 3 · Investment income

  total $18,265,491 · unrelated business $197,908 · excluded $18,067,583

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

  securities $21,010

• 7c · Gain or loss

  securities -$21,010

• 7d · Net gain or loss

  total -$21,010 · excluded -$21,010

• 8a · Fundraising events: gross income

  $120,563

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

  $517,588

• 8b · Fundraising events: direct expenses

  $120,466

• 8c · Net income from fundraising events

  total $97 · excluded $97

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $49,891,647 · program services $49,891,647

• 5 · Compensation of officers, directors and key employees

  total $1,658,432 · management and general $566,851 · fundraising $1,091,581

• 7 · Other salaries and wages

  total $16,236,837 · management and general $4,314,244 · fundraising $11,922,593

• 8 · Pension plan contributions

  total $1,390,606 · management and general $384,713 · fundraising $1,005,893

• 9 · Other employee benefits

  total $2,599,785 · management and general $699,933 · fundraising $1,899,852

• 10 · Payroll taxes

  total $1,304,656 · management and general $360,590 · fundraising $944,066

• 11b · Fees: legal

  total $33,431 · management and general $33,431

• 11c · Fees: accounting

  total $326,557 · management and general $326,557

• 11e · Fees: professional fundraising services

  total $870,295 · fundraising $870,295

• 11f · Fees: investment management

  total $12,792,018 · management and general $12,792,018

• 11g · Fees: other

  total $460,667 · management and general $184,909 · fundraising $275,758

• 12 · Advertising and promotion

  total $76,327 · fundraising $76,327

• 13 · Office expenses

  total $899,277 · management and general $104,656 · fundraising $794,621

• 14 · Information technology

  total $1,723,451 · management and general $966,079 · fundraising $757,372

• 16 · Occupancy

  total $228,081 · management and general $44,736 · fundraising $183,345

• 17 · Travel

  total $661,042 · management and general $52,000 · fundraising $609,042

• 19 · Conferences, conventions and meetings

  total $83,251 · management and general $16,724 · fundraising $66,527

• 20 · Interest

  total $394,239 · management and general $390,955 · fundraising $3,284

• 22 · Depreciation, depletion and amortization

  total $222,245 · management and general $60,612 · fundraising $161,633

• 23 · Insurance

  total $181,322 · management and general $181,169 · fundraising $153

• 24a · Other expenses: SPECIAL EVENTS

  total $1,845,423 · management and general $109,156 · fundraising $1,736,267

• 24b · Other expenses: DONOR CULTIVATION

  total $550,335 · management and general $2,186 · fundraising $548,149

• 24c · Other expenses: SERVICES

  total $184,360 · management and general $16,125 · fundraising $168,235

• 24d · Other expenses: EQUIPMENT MAINTENANCE

  total $161,565 · management and general $57,417 · fundraising $104,148

• 24e · All other expenses

  total $142,778 · management and general $41,513 · fundraising $101,265

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $36,065,436 · end of year $48,378,386

• 3 · Pledges and grants receivable

  beginning of year $85,093,631 · end of year $81,594,823

• 4 · Accounts receivable

  beginning of year $217,635 · end of year $187,515

• 8 · Inventories for sale or use

  beginning of year $7,840 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $607,048 · end of year $486,133

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

  $9,635,806

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

  $7,319,275

• 10c · Land, buildings and equipment, net

  beginning of year $2,523,868 · end of year $2,316,531

• 11 · Investments: publicly traded securities

  beginning of year $205,545,470 · end of year $281,963,232

• 12 · Investments: other securities

  beginning of year $152,972,452 · end of year $414,189,887

• 15 · Other assets

  beginning of year $308,371,946 · end of year $33,572,111

• 17 · Accounts payable and accrued expenses

  beginning of year $18,425,265 · end of year $16,081,007

• 21 · Escrow or custodial account liability

  beginning of year $20,781,847 · end of year $23,547,525

• 25 · Other liabilities

  beginning of year $246,027 · end of year $206,645

• 27 · Net assets without donor restrictions

  beginning of year $12,339,283 · end of year $15,671,122

• 28 · Net assets with donor restrictions

  beginning of year $739,612,904 · end of year $807,182,319

The filer's explanations (Part III)

PART I, LINE 7

NON-FIXED PAYMENTS THE FOUNDATION MAY GIVE PERFORMANCE-BASED AWARDS BASED ON FORMAL REVIEW AND WITH APPROVAL OF FOUNDATION MANAGEMENT AND BOARD.

Related corporations and trusts

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

• CHARITABLE REMAINDER TRUST (4)

  DEVELOPMENT · CT

• HORSEBARN HILL INVESTMENT FUND LTD

  C · INVESTMENT · CJ · 100% owned · share of income $4,776,660 · share of assets $20,908,739 · controlled entity

  Directly controlled by UCONN FDN