THE UNIVERSITY OF CONNECTICUT FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

THE UNIVERSITY OF CONNECTICUT FOUNDATION INC

EIN 06-6070722 · Education (B110)

What they do

SEE SCHEDULE O

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $56.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders41 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

46.12%of revenue went to mission work56.6% of expenses · Program services

17.82%of revenue went to fundraising21.9% of expenses

$81.47spent for every $100 of revenueRevenue covered expenses this year.

17.53%of revenue went to management and office costs21.5% of expenses

$8.38in assets for every $1 spent this yearSome assets cannot be spent right away.

43.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $639,610 for AMY YANCEY (PRESIDENT AND CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$139,327,144

Mission workProgram services$64,251,33146.12% of revenue56.6% of expenses

ManagementOffice and general costs$24,424,64417.53% of revenue21.5% of expenses

FundraisingAsking for donations$24,830,30317.82% of revenue21.9% of expenses

Revenue left after expensesReported annual surplus$25,820,86618.53% of revenueShown in gray on the chart

Total expenses$113,506,27881.47% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 56.6% mission · 21.5% management · 21.9% fundraisingTotal expenses: 81.47% of revenue

2023Expense mix: 52.6% mission · 22.9% management · 24.6% fundraisingTotal expenses: 97.32% of revenue

2022Expense mix: 54.7% mission · 19.6% management · 25.7% fundraisingTotal expenses: 63.35% of revenue

2021Expense mix: 49.1% mission · 27.6% management · 23.3% fundraisingTotal expenses: 47.86% of revenue

2020Expense mix: 49.7% mission · 26.4% management · 23.9% fundraisingTotal expenses: 44.51% of revenue

2019Expense mix: 48.7% mission · 19.0% management · 32.3% fundraisingTotal expenses: 60.03% of revenue

2018Expense mix: 56.4% mission · 15.9% management · 27.7% fundraisingTotal expenses: 91.10% of revenue

2017Expense mix: 51.9% mission · 14.0% management · 34.1% fundraisingTotal expenses: 78.15% of revenue

Money in and money out

Revenue$139,327,144

Expenses$113,506,278

Annual surplus $25,820,866 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$64,251,331 · 56.6% of expenses

Management and office costs$24,424,644 · 21.5% of expenses

Fundraising$24,830,303 · 21.9% of expenses

See all reported dollar amounts

Revenue$139,327,144

Expenses$113,506,278

Assets$951,473,069

Income$139,387,120

Contributions$60,841,282

Mission work (program services)$64,251,331

Fundraising$24,830,303

Grants given$317,731,547

Average grant$39,716,443

Management and general$24,424,644

Stocks and bonds$357,613,581

Accounting fees$142,793

Investing fees$16,463,481

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

AMY YANCEYPRESIDENT AND CEO · 40 hrs/week $639,610Base $588,651 · Other $50,959

DAVID CARNEYSVP FINANCE AND CFO · 40 hrs/week $458,478Base $398,470 · Other $60,008

LAURA PADRONSVP ADVANCEMENT SERVICES (THRU 7/24) · 40 hrs/week $422,319Base $387,860 · Other $34,459

MO COTTON KELLYCPO & SVP ALUMNI RELATIONS · 40 hrs/week $409,205Base $345,917 · Other $63,288

SUZANNE O CONORGENERAL COUNSEL · 40 hrs/week $347,701Base $317,260 · Other $30,441

JENNIFER SARGENTSVP ADVANCEMENT SERVICES · 40 hrs/week $309,340Base $282,173 · Other $27,167

PETER LAMOTHESVP HEALTH SCIENCES · 40 hrs/week $275,891Base $223,943 · Other $51,948

RACHEL MARSHALLVP SCHOOL AND PROGRAM GIVING · 40 hrs/week $267,363Base $217,603 · Other $49,760

MICHAEL VAN SAMBECKVP PRINCIPAL GIVING AND CAMPAIGN · 40 hrs/week $230,641Base $211,687 · Other $18,954

MELISSA MAYNARDAVP FINANCE AND CONTROLLER · 40 hrs/week $230,314Base $184,417 · Other $45,897

JONATHAN GREENBLATT - INTERIMCEO (THRU 03/24)/DIR (AS OF 10/24) · 1 hrs/week $65,794Base $60,988 · Other $4,806

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (41)

AMY YANCEYPRESIDENT AND CEO

DAVID CARNEYSVP FINANCE AND CFO

LAURA PADRONSVP ADVANCEMENT SERVICES (THRU 7/24)

MO COTTON KELLYCPO & SVP ALUMNI RELATIONS

SUZANNE O CONORGENERAL COUNSEL

JENNIFER SARGENTSVP ADVANCEMENT SERVICES

PETER LAMOTHESVP HEALTH SCIENCES

RACHEL MARSHALLVP SCHOOL AND PROGRAM GIVING

MICHAEL VAN SAMBECKVP PRINCIPAL GIVING AND CAMPAIGN

MELISSA MAYNARDAVP FINANCE AND CONTROLLER

JONATHAN GREENBLATT - INTERIMCEO (THRU 03/24)/DIR (AS OF 10/24)

MARK VERGNANODIRECTOR

LORI BIANCAMANODIRECTOR

MARK A BEAUDOINDIRECTOR

MICHAEL G KOPPELDIRECTOR

MICHAEL K ROSENDIRECTOR

PAULA SINGERDIRECTOR

RICHARD ELDHDIRECTOR

ROBERT SHERMANDIRECTOR

STEVEN M GREENSPANDIRECTOR

SUE A COLLINSDIRECTOR

SURESH NAIRDIRECTOR

TONI BOUCHERDIRECTOR (AS OF 10/2024)

TRISHA BAILEYDIRECTOR (THRU 05/2025)

DAVID H FORDDIRECTOR

ALAN R BENNETTDIRECTOR

AMY J ERRETTDIRECTOR, TREASURER

ANGELO DEFAZIODIRECTOR

ANTHONY RIZZADIRECTOR

BARBARA POREMBADIRECTOR

CRAIG ASHMOREDIRECTOR, CHAIR

CRAIG A DOUGLASDIRECTOR

CURTIS TEARTEDIRECTOR

LORRAINE HRITCKODIRECTOR (AS OF 10/2024)

GEORGE BARRIOSDIRECTOR

JAMES F WHALEN JRDIRECTOR

JOHN FODORSECRETARY

JOSEPH E PARSONSDIRECTOR

KATHLEEN WALSHDIRECTOR

LINDSAY SCHINEDIRECTOR

LORI RIISKADIRECTOR

About this charity

Recognized since: January 1964
Location: 2390 ALUMNI DRIVE U3206, STORRS, CT 06269-3603
County: Tolland
In care of: % DAVID CARNEY
Primary officer: DAVID CARNEY, CFO

How to reach them

WebsiteVisit the charity’s website Phone(860) 486-5000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Education (B110)
Grant-giving organization: Yes