NonprofitsUniversity Of Massachusetts Foundation Inc

Education

University Of Massachusetts Foundation Inc

NEWTON, MA

Total revenue

$102.2M

Total expenses

$46.1M

Net assets

$1.3B

Grants received

$36.5M

343 grants

EIN

046013152

Tax year

2023

Mission

The mission of the university of massachusetts foundation, inc. Is to foster and promote the growth, progress and general welfare of the university of massachusetts as stated in the original 1950 articles of organization. The foundation receives, invests and disburses private gifts for the benefit of the university of massachusetts and its educational mission.

Financials

FY 2023

Revenue

Contributions & grants$60.2M
Program service revenue$5.5M
Investment income$36.5M
Other revenue$82K
Total revenue$102.2M

Expenses

Grants paid$26.7M
Salaries & benefits$9.0M
Fundraising$2.9M
Other expenses$10.4M
Total expenses$46.1M
Total assets$1.3B
Net assets$1.3B

People

26 listed

NameRoleCompensation

JAMES R JULIAN JR

CHIEF EXECUTIVE OFFICER

Board

$962K

40 hrs/wk

THERESA CURRY VP DEVELOP

CONSTITUENT ENGMT/ASSO. GEN COUNSEL (THRU 1/2024

Board

$327K

40 hrs/wk

BARRY MORRISON

CHIEF FINANCIAL OFFICER

Board

$299K

40 hrs/wk

PAUL DAWLEY

GENERAL COUNSEL

Board

$281K

40 hrs/wk

WARREN J ISABELLE

DIRECTOR

Board

1 hrs/wk

PHILIP W JOHNSTON

DIRECTOR

Board

1 hrs/wk

R NORMAN PETERS ESQ

DIRECTOR

Board

1 hrs/wk

ROBERT J MANNING

DIRECTOR/CHAIR (AS OF 1/1/24)

Board

1 hrs/wk

ROBERT R REITANO

DIRECTOR

Board

1 hrs/wk

SUZANNE L STEFANY

DIRECTOR

Board

1 hrs/wk

PAUL T QUISTBERG

DIRECTOR (AS OF 1/1/24)

Board

1 hrs/wk

EDWARD H D'ALELIO

DIRECTOR (& CHAIR THRU 12/31/23)

Board

1 hrs/wk

VICTOR WOOLRIDGE

DIRECTOR/TREASURER

Board

1 hrs/wk

MARIA D FURMAN

DIRECTOR/SECRETARY

Board

1 hrs/wk

NATHAN P CHESLEY

DIRECTOR

Board

1 hrs/wk

JOSE J CORTEZ

DIRECTOR

Board

1 hrs/wk

KATHERINE P CRAVEN

DIRECTOR

Board

1 hrs/wk

JOSE F DEMEDEIROS

DIRECTOR

Board

1 hrs/wk

DANIEL E FEDER

DIRECTOR

Board

1 hrs/wk

GRACE K FEY

DIRECTOR

Board

1 hrs/wk

JONATHAN GIBBONS

CHIEF INVESTMENT OFFICER

Staff

$978K

40 hrs/wk

GEOFFREY BOWES

MANAGING DIRECTOR, INVESTMENT TEAM

Staff

$591K

40 hrs/wk

DEREK WADE

DIRECTOR OF INVESTMENT OPERATIONS

Staff

$271K

40 hrs/wk

HSUNGWEN CHANG

DIRECTOR OF INVESTMENT

Staff

$247K

40 hrs/wk

QING WAN

CONTROLLER

Staff

$188K

40 hrs/wk

WILLIAM K CHASE

SR. DIR. OF IT INFRASTRUCTURE & SECURITY

Staff

$178K

40 hrs/wk

Independent contractors

SALES FORCE

IT SUBSCRIPTIONS AND SERVICE

$925K

ELLUCIAN COMPANY LP

IT SUBSCRIPTIONS AND SERVICE

$660K

EVERTRUE INC

IT SUBSCRIPTIONS AND SERVICE

$574K

GRAVYTY TECHNOLOGIES INC

IT SUBSCRIPTIONS AND SERVICE

$510K

ANTHOLOGY INC OF MISSOURI

IT SUBSCRIPTIONS AND SERVICE

$427K

Grants received

Showing 200 of 343

FromAmountPurposeYear
$1.1M
GENERAL DONATION
2024
$400K
SCHOLARSHIP
2024
$330K
TECHNOLOGY & EQUIPMENT
2024
$306K
EDUCATIONAL
2024
$300K
SCHOLARSHIP
2024
$296K
GEN OPP SUPPORT; SPONSORSHIP
2024
$290K
R&D/INNOVATION/PILOTS
2024
$225K
TECHNOLOGY AND INNOVATION
2024
$119K
Program Support
2024
$100K
NURSES CONNECT - A PEER MENTORING PROGRAM TO ENHANCE NURSING STUDENT SUCCESS
2024
$100K
VISITING LECTURESHIP IN THE DIVISON OF VACULAR SURGERY
2024
$100K
FOR ITS SUSTAINABLE PEACE AND PLANET PROJECT
2024
$56K
The purpose of this grant is to support research at the University of Massachusetts Amherst to determine the prevalence of oral and dental problems, as well as potential solutions, for and with older adults living in long-term care and community settings.
2024
$55K
UNRESTRICTED GENERAL SUPPORT
2024
$36K
HOST-PATHOGEN DYNAMICS IN RESPONSE TO RESOURCE PULSES; NUTRIENT
2024
$25K
support for study abroad students
2024
$11K
Govt & Govt Agency
2024
$9K
CAMP SHRIVER/BETH FEDERICO RUNNING MARATHON
2024
$8K
TO SUPPORT AND STRENGTHEN SUMMER ENRICHMENT PROGRAMS SERVING YOUTH
2024
$7K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$7K
UNRESTRICTED GENERAL SUPPORT
2024
$7K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$7K
EDUCATIONAL INSTITUTIONS
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$2K
TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE
2024
$1K
OPERATING SUPPORT
2024
$1K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$1K
STUDENT EMERGENCY NEEDS FUND
2024
$600
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$600
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$500
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$500
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$200
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$200
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$200
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$144
MATCHING GIFTS
2024
$100
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$100
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$100
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$668K
For grant recipient's exempt purposes
2023
$650K
General & Unrestricted
2023
$500K
UNRESTRICTED GENERAL SUPPORT
2023
$500K
UNRESTRICTED CONTRIBUTIONS
2023
$491K
To Support the Center for Climate and Environmental Justice Media
2023
$400K
TECHNOLOGY & EQUIPMENT
2023
$350K
TO SUPPORT THE GRANTEE'S WORK ON THE EXPLORATION OF A NEW POLITICAL ECONOMY PARADIGM AFTER NEOLIBERALISM
2023
$306K
ENGAGE CAMBODIAN ADULT/IMPR HEALTH
2023
$273K
LIFELINE FOR MOMS NETWORK YEAR 5.
2023
$250K
EXEMPT PURPOSE
2023
$200K
PROGRAM DEVELOPMENT / EVALUATION
2023
$178K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$150K
UNRESTRICTED GENERAL
2023
$125K
Program Support
2023
$121K
Scholarship
2023
$120K
PROVIDE EDUCATIONAL SCHOLARSHIP SUPPORT
2023
$110K
FOR ITS CONSORTIUM ON GENDER, SECURITY, AND HUMAN RIGHTS' FEMINIST ROADMAP FOR SUSTAINABLE PEACE AND PLANET PROJECT
2023
$100K
To support the National Working Waterfronts Network.
2023
$100K
Universities
2023
$80K
UNRESTRICTED GENERAL
2023
$75K
Education
2023
$61K
CHARITABLE DONATION
2023
$60K
general support for the Lowell Center for Sustainable Production
2023
$55K
UNRESTRICTED GENERAL SUPPORT
2023
$52K
Operating Support/Annual Fund
2023
$50K
TO PROTECT CHILDREN'S ENVIRONMENTAL HEALTH
2023
$39K
SCHOLARSHIPS
2023
$35K
TO FOSTER AND PROMOTE THE GROWTH, PROGRESS, AND GENERAL WELFARE OF THE UNIVERSITY OF MASSACHUSETTS
2023
$26K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$25K
support for study abroad students
2023
$25K
Conservation
2023
$20K
Youth Development
2023
$13K
EDUCATION
2023
$12K
Research / Project Support
2023
$10K
GENERAL SUPPORT
2023
$10K
PROGRAM SUPPORT
2023
$9K
EDUCATION
2023
$9K
GENERAL SUPPORT
2023
$8K
SUMMER FUND GRANT TO GENERAL OPERATION
2023
$7K
UNRESTRICTED GENERAL SUPPORT
2023
$5K
GENERAL SUPPORT
2023
$5K
EARLY COLLEGE AT UMASS BOSTON
2023
$5K
FOR GENERAL OPERATIONS
2023
$2K
CONSERVATION
2023
$2K
COMMUNITY MARKETING GRANTS
2023
$2K
CONSERVATION
2023
$2K
CONSERVATION
2023
$1K
CHILDREN / FAMILIES / YOUTH PROGRAMS
2023
$1K
STUDENT EMERGENCY NEEDS FUND
2023
$1K
For the sole benefit of WUMB Radio, University of Massachusetts, Boston
2023
$300
MATCHING GIFTS
2023
$200
CONSERVATION
2023
$100
CONSERVATION
2023
$72
MATCHING GIFTS
2023
$50
UNRESTRICTED OPERATING FUNDS
2023
$50
EXEMPT PURPOSE
2023
Matching Gift
2023
$2.3M
For grant recipient's exempt purposes
2022
$680K
TECHNOLOGY & EQUIPMENT
2022
$600K
TECHNOLOGY & EQUIPMENT
2022
$550K
General & Unrestricted
2022
$409K
LIFELINE FOR MOMS NETWORK YEAR 4.
2022
$250K
EXEMPT PURPOSE
2022
$245K
AGE-FRIENDLY LOWELL NE AGING REPORTS
2022
$226K
SCHOLARSHIPS
2022
$200K
PLANNING
2022
$152K
As recommended by donor via platform
2022
$150K
PROVIDE ANNUAL SCHOLARSHIPS TO UNIVERSITY STUDENTS
2022
$137K
Operating Support/Annual Fund
2022
$133K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$125K
TO ADVANCE CANCER PREVENTION IN THE REGION
2022
$119K
DEVELOP, TEST AND INTEGRATE LOCALLY HARVESTED KELP INTO NEW ENGLAND CAMPUS DINING PROGRAMS
2022
$100K
U-ACCESS EMERGENCY HOUSING PROGRAM
2022
$100K
To support the National Working Waterfronts Network.
2022
$89K
EDUCATION
2022
$83K
Knowledge for Freedom initiative
2022
$80K
SUSTAINABLE CHEMISTRY
2022
$75K
CAMP SHRIVER - AN INCLUSIVE YEAR-ROUND PROGRAM FOR CHILDREN WITH AND WITHOUT DISABILITIES
2022
$60K
UMASS LOWELL - MINDRIGHT PROJECT
2022
$60K
UNRESTRICTED GENERAL SUPPORT
2022
$55K
Peacebuilding
2022
$50K
TO SUPPORT THE CANCER AND ENVIRONMENT NETWORK OF SOUTHWESTERN PENNSYLVANIA
2022
$50K
general support for the Lowell Center for Sustainable Production
2022
$50K
Education
2022
$50K
GENERAL OPERATING
2022
$40K
SCHOLARSHIP SUPPORT
2022
$40K
URBAN SCHOLARS PROGRAM
2022
$38K
CHARITABLE DONATION
2022
$32K
FY'22 MATCHING GIFTS
2022
$26K
Research / Project Support
2022
$25K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2022
$25K
SUPPORT OF CAMP SHRIVER, INCLUSIVE CAMP FOR YOUTH WITH DISABILITIES
2022
$25K
VOLUNTEER INCENTIVE PROGRAM
2022
$24K
GENERAL SUPPORT
2022
$20K
GENERAL DONATION
2022
$18K
GENERAL SUPPORT
2022
$15K
GENERAL SUPPORT
2022
$15K
PROGRAM SUPPORT
2022
$14K
Peacebuilding
2022
$13K
MATCHING GIFTS
2022
$13K
EDUCATION
2022
$10K
2022 INFLATION RECOGNITION GRANTS
2022
$10K
Community Health
2022
$10K
2022 INFLATION RECOGNITION GRANTS
2022
$10K
2022 INFLATION RECOGNITION GRANTS
2022
$8K
FOR OPERATING AND PROGRAM SUPPORT
2022
$7K
MATCHING GIFTS TO EDUCATION
2022
$7K
UNRESTRICTED GENERAL SUPPORT
2022
$5K
GENERAL SUPPORT
2022
$5K
FOR GENERAL OPERATIONS
2022
$3K
OPERATING SUPPORT
2022
$3K
EMPLOYEE-ARTS AND EDUCATIONAL PROGRAM
2022
$2K
MATCHING GIFTS TO EDUCATION
2022
$1K
STUDENT EMERGENCY NEEDS FUND
2022
$1K
For the sole benefit of WUMB Radio, University of Massachusetts, Boston
2022
$1K
TO FOSTER AND PROMOTE THE GROWTH, PROGRESS, AND GENERAL WELFARE OF THE UNIVERSITY OF MASSACHUSETTS
2022
$500
MATCHING GIFTS TO EDUCATION
2022
$500
Staff Discretionary
2022
$400
MATCHING GIFTS TO EDUCATION
2022
$300
NANTUCKET: ENCOURAGING RESILIENCE AND INNOVATION
2022
$194
MATCHING GIFTS
2022
$100
GENERAL SUPPORT
2022
$2.9M
PROVIDE ANNUAL SCHOLARSHIPS TO UNIVERSITY STUDENTS
2021

Funded by

$36.5M from 131 funders · 343 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$4.8M · 8 grants · 2017–2023

Fidelity Non-Profit Management

$3.1M · 6 grants · 2022–2024

Independent University Alumni

$3.0M · 2 grants · 2021–2022

Donor Advised Charitable Giving Inc

$2.7M · 7 grants · 2017–2023

Boston Foundation Inc

$1.8M · 21 grants · 2017–2023

Morgan Stanley Global Impact Funding Trust Inc

$1.7M · 10 grants · 2019–2024

Robert and Ardis James Foundation Inc

$1.6M · 3 grants · 2020–2023

Perigee Fund

$1.2M · 3 grants · 2020–2023

Details

EIN046013152
NTEE codeB110
Subsection03
Ruling date1957-03
Formed1950
Employees38
Volunteers16
UNIVERSITY OF MASSACHUSETTS FOUNDATION INC — Mission, Financials & Grants Received | Grantivo