IRS 990 Nonprofit Profile

University Of Massachusetts Foundation INC

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

Filing year
2023
Total revenue
$102.2M
Total expenses
$46.1M
Total assets
$1.3B
Program expenses
$26.7M
Administration
$16.5M
Fundraising
$2.9M
Program share of expenses
58%
EIN
46013152
Sector
Education
Location
Newton, MA

Leadership and Compensation

Jonathan Gibbons - Chief Investment Officer
$1.6M
James R Julian Jr - Chief Executive Officer
$1.1M
Geoffrey Bowes - Managing Director, Investment Team
$776K
Theresa Curry VP Develop - Constituent Engmt/asso. Gen Counsel (thru 1/2024
$392K
Paul Dawley - General Counsel
$348K
Derek Wade - Director Of Investment Operations
$345K
Barry Morrison - Chief Financial Officer
$331K
Hsungwen Chang - Director Of Investment
$319K
Qing Wan - Controller
$239K
William K Chase - Sr. Dir. Of It Infrastructure & Security
$197K

Officers, directors and key employees with total reported compensation, from Form 990 Part VII.

Governance

Voting board members
15
Independent members
15

Grants

Grants to U.S. organizations and individuals
$26.7M

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Financial data on this page is sourced from IRS Form 990 filings.