University of Akron Foundation
University of Akron Foundation
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About this organization
Mission
To manage property, investments and certain expenditures for the benefit of the University of Akron.
About
Academic support: The University of Akron Foundation provides many opportunities for students and faculty to grow and excel through academic support. During the fiscal year ended June 30, 2019, the foundation helped fund 17 fellowships, 15 lectureships, 13 academic chairs, 8 professorships, 75 colleges and departments, 2 pre-college programs, the university press, 13 internships, 2 centers, the history of psychology archive, and 3 institutes at the University of Akron.
Interesting data from their 2020 990 filing
The filing clearly states the mission of the non-profit as “The mission of the university of akron foundation (uaf) is to operate exclusively for the benefit of the university of akron (ua), including but not limited to receiving, holding, investing, and administering property for the benefit of ua, and by (see schedule o)making expenditures to or for the benefit of ua.”.
When outlining its functions, they were explained as: “To manage property, investments and certain expenditures for the benefit of the university of akron.”.
- In compliance with legal regulations, the non-profit has reported their state of operation as OH.
- The filing records the non-profit's address for 2020 as 302 BUCHTEL COMMON, AKRON, OH, 443256220.
- As of 2020, the non-profit's form reports a total of 0 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$5,036,501.
- The organization has 46 independent voting members.
- The organization was formed in 1966.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $289,970 in fundraising expenses.