Overview
What is University Of Wisconsin Foundation?
The University of Wisconsin Foundation is a charitable organization based in Madison, Wisconsin, with a workforce of 406 employees. They primarily support the University of Wisconsin-Madison by soliciting donations and bequests, managing and investing securities and properties, and distributing payments for the benefit of the university. The Foundation plays a crucial role in enhancing the university's reputation by aiding in the attraction and retention of world-class faculty, which in turn draws the brightest students. During 2022, they expanded their endowed faculty positions to over 600. Their mission is to foster engagement and financial backing from alumni, donors, and friends, contributing to the welfare and objectives of University of Wisconsin-Madison.
Official website here: www.supportuw.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99%, Four-Star out of Four Star rating from Charity Navigator.
The University of Wisconsin Foundation has received an impressive 99% score, reflecting its strong accountability and financial practices. The foundation has maintained a majority of independent board members and exhibits robust governance practices, such as having no material diversions of assets and ensuring that board members are not compensated. These elements contribute to its high rating in Accountability & Finance.
Strengths highlighted in the data include a solid program expense ratio of 85.91%, indicating that a significant portion of its resources is devoted to programmatic activities. Additionally, the foundation demonstrates excellent fundraising efficiency, with only $0.09 spent to raise a dollar, which speaks to its effective financial management.
However, one limitation noted is the absence of a donor privacy policy, which could raise concerns for some potential donors regarding how their information is handled. Despite this minor shortfall, the overall financial health and governance of the University of Wisconsin Foundation showcase it as a responsible and effective organization in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is University Of Wisconsin Foundation legitimate?
University Of Wisconsin Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of Wisconsin Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $4,699,873
Professional Fundraising Fees: $133,417
Other Salaries and Wages: $26,254,769
For more financial information, click here
Official website here: www.supportuw.org
What is the mission statement of University Of Wisconsin Foundation?
The University of Wisconsin Foundation supports the University of Wisconsin-Madison by soliciting donations, managing investments, and distributing payments for the benefit of the university. Its mission is to encourage the interest, engagement, and financial backing of alumni, donors, and friends towards the welfare and objectives of the University of Wisconsin-Madison. Through private gift support, the university is able to attract and retain world-class faculty, attract top students, and enhance its reputation. In 2022, the number of endowed faculty positions at the university surpassed 600.
Official website here: www.supportuw.org
Who is the CEO of University Of Wisconsin Foundation?
Michael M Knetter is the CEO of University Of Wisconsin Foundation The CEO's salary of University Of Wisconsin Foundation is $800,626 and their total compensation is $935,115.
Official website here: www.supportuw.org
What is the revenue of University Of Wisconsin Foundation?
University Of Wisconsin Foundation's revenue in 2024 was $776,771,718.
Official website here: www.supportuw.org
Who are the executives of University Of Wisconsin Foundation and what are their salaries?
The average compensation at University Of Wisconsin Foundation during 2024 was $70,033. There are 442 employees and 250 volunteers at University Of Wisconsin Foundation.
Here are 55 key members and their salaries (University Of Wisconsin Foundation's CEO's salary is $800,626 and their total compensation is $935,115):
- Compensation: $800,626
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- Other: $134,489
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- Compensation: $1,570,221
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- Other: $52,456
- Compensation: $522,035
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- Other: $59,576
- Compensation: $356,988
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- Other: $46,381
- Compensation: $195,690
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- Other: $39,816
- Compensation: $219,320
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- Other: $11,077
- Compensation: $189,906
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- Other: $26,455
- Compensation: $155,975
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- Other: $35,238
- Compensation: $846,887
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- Other: $52,456
- Compensation: $831,819
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- Other: $52,456
- Compensation: $672,714
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- Other: $29,348
- Compensation: $424,006
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- Compensation: $349,608
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- Other: $23,348
- Compensation: $210,885
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- Other: $28,456
- Compensation: $199,375
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- Other: $33,124
- Compensation: $183,294
- Related: $0
- Other: $38,341
Official website here: www.supportuw.org
Where can I find the form 990 for University Of Wisconsin Foundation?
University Of Wisconsin Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.supportuw.org
Learn more at the official website: www.supportuw.org
Mission Statement of University Of Wisconsin Foundation
University of Wisconsin Foundation plays a crucial role in supporting the University of Wisconsin-Madison by soliciting gifts and bequests, administering and investing securities and properties, and distributing payments for the benefit of the university. The foundation's mission is to promote the welfare of the University of Wisconsin-Madison by encouraging the interest, engagement, and financial support of alumni, donors, and friends.
Through the generous contributions of the alumni and donors, the University of Wisconsin Foundation has provided over $59 million in critical financial support to the university's faculty and staff. This funding has enabled increased research opportunities and improved classroom experiences for students. Private gift support is instrumental in attracting and retaining world-class faculty, ultimately drawing in the best and brightest students and elevating the university's reputation as a leading institution. In 2022, the number of endowed faculty positions within the university surpassed 600.
The University of Wisconsin Foundation's unwavering commitment to the university extends beyond financial support. By encouraging the involvement and engagement of alumni, donors, and friends, the foundation fosters a strong sense of community among its supporters. This network of individuals not only contributes to the university's growth but also provides valuable resources and opportunities for students and faculty alike. The collective efforts of the University of Wisconsin Foundation serve to enrich the academic and research landscape of the university, ensuring its continued success and impact in the future.
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Impact
October, 2024
The University of Wisconsin Foundation plays a pivotal role in enhancing the educational landscape at the University of Wisconsin-Madison. Through the solicitation of gifts and bequests, effective administration and investment of assets, and strategic distribution of funds, the Foundation provides essential financial support that significantly benefits the university and its stakeholders.
In 2022 alone, the Foundation allocated over $59 million in support to faculty and staff, leading to expanded research opportunities and enriched classroom experiences for students. This influx of private gift support not only aids in attracting and retaining top-tier faculty but also contributes to enhancing the university's overall reputation. The growing number of endowed faculty positions—now exceeding 600—demonstrates the Foundation's effectiveness in fostering academic excellence.
By promoting engagement and financial support among alumni, donors, and friends, the Foundation not only cultivates a strong community around the university but also ensures that its mission to advance education and research is realized. Ultimately, its efforts create a nurturing environment that encourages high levels of student achievement and institutional advancement.
This information is meant to be a general summary of University Of Wisconsin Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $83,808,402
- Program Service Revenue: $1,158,779
- Gross Receipts: $5,807,864,563
Assets and Liabilities:
- Total Assets: $4,965,210,272
- Total Liabilities: $415,236,023
- Net Assets: $4,549,974,249
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION
Revenue
$778,480
TRAVEL/TOUR COMMISSIONS
Revenue
$310,428
PUBLICATIONS
Revenue
$69,871
Organization Details
Founding Year
1945
Principal Officer
Michael M Knetter
Website
www.supportuw.orgNTEE Category
Code: B110 - Education
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