The University Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 630803491 ✦ Tuscaloosa, AL ✦ Designated as a 501(c)(3)

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Overview

What is The University Foundation?

The University Foundation, located at 500 University Boulevard East, Tuscaloosa, Alabama 35401, is a nonprofit organization that plays a crucial role in supporting the University of Alabama's Board of Trustees. Its primary mission is to aid in the fulfillment of the university's educational, research, and public service programs and activities. This is achieved by covering expenses incurred during official or ceremonial functions of the University System, which may include costs associated with board members, senior staff, other system office or campus staff, and supporters. The foundation's activities contribute to the overall success and growth of the University of Alabama, extending its reach and influence in the field of education and public service.

Is The University Foundation legitimate?

The University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The University 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The University Foundation?

The University Foundation's mission is to assist and aid the Board of Trustees of the University of Alabama in fulfilling their educational, research, and public service programs and activities. This organization is structured to provide support to the Board, covering expenses for official or ceremonial functions of the University System, as well as for its senior staff and supporters. The University Foundation's role is crucial in facilitating the University of Alabama's educational, research, and public service endeavors.

What is the revenue of The University Foundation?

The University Foundation's revenue in 2023 was $410,058.

Who are the executives of The University Foundation and what are their salaries?

There 3 volunteers at The University Foundation.

Here are 6 key members and their salaries:


Finis E St John Iv (President/Director)
  • Compensation: $0
  • Related: $1,180,431
  • Other: $137,243
Sid J Trant (Former Secretary/Director)
  • Compensation: $0
  • Related: $591,172
  • Other: $74,620
Mark D Foley (Secretary/Director)
  • Compensation: $0
  • Related: $200,508
  • Other: $58,062
W Stancil Starnes (Treasurer/Dir (Until 09/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Phelps (Vice Chairman/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Gray (Director (As Of 09/23))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The University Foundation?

The University Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The University Foundation

The University Foundation serves a vital role in assisting and aiding the Board of Trustees of the University of Alabama in fulfilling its educational, research, and public service programs and activities. Established with this mission, the organization functions to support the various activities that are considered official or ceremonial functions of the University System. This encompasses covering expenses incurred by board members, senior staff, other system office or campus staff, and supporters of the UA System. By doing so, The University Foundation contributes to the overall success and development of the University of Alabama's educational, research, and public service initiatives.

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Impact




October, 2024

The University Foundation plays a crucial role in enhancing the educational, research, and public service initiatives of the University of Alabama. By assisting the Board of Trustees, it ensures that essential programs and activities receive the support they need to thrive. The Foundation directly contributes to the advancement of the university's mission by covering expenses related to official and ceremonial functions, which helps foster a vibrant academic and cultural environment.

Through its efforts, The University Foundation not only bolsters the operational capabilities of the university but also strengthens community engagement and collaboration, ultimately benefiting students, faculty, and the broader public. Its impact is felt across various programs, reinforcing the university’s commitment to excellence in education and service.




This information is meant to be a general summary of The University 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.

Revenue
$410,058 (2023)
Expenses
$708,172 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $27,480
  • Gross Receipts: $410,058

Assets and Liabilities:

  • Total Assets: $1,569,214
  • Total Liabilities: $41,181
  • Net Assets: $1,528,033

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Organization Details

Founding Year

1980

Principal Officer

Finis St John Iv

NTEE Category

Code: B80 - Education

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