THE UNIVERSITY OF CINCINNATI FOUNDATION Charity Report

Public IRS 990 nonprofit record

THE UNIVERSITY OF CINCINNATI FOUNDATION

EIN 31-0896555 · Public Foundations (T30)

What they do

MISSION: to INSPIRE A COMMUNITY of UC and UC HEALTH SUPPORTERS THROUGH THE POWER of PHILANTHROPY. VISION: IGNITING PASSION to TRANSFORM LIVES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $71.40 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 charity tells us what it is trying to do.

They name their leaders57 people are listed in the latest report.

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

Money made simple

59.04%of revenue went to mission work71.4% of expenses · Program services

19.59%of revenue went to fundraising23.7% of expenses

$82.64spent for every $100 of revenueRevenue covered expenses this year.

4.01%of revenue went to management and office costs4.9% of expenses

$7.97in assets for every $1 spent this yearSome assets cannot be spent right away.

56.1%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 $553,968 for THOMAS D FREEMAN (VP & CFO, TREASURER (UNTIL OCT 2024)). 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$147,453,508

Mission workProgram services$87,058,75359.04% of revenue71.4% of expenses

ManagementOffice and general costs$5,915,0404.01% of revenue4.9% of expenses

FundraisingAsking for donations$28,880,94419.59% of revenue23.7% of expenses

Revenue left after expensesReported annual surplus$25,598,77117.36% of revenueShown in gray on the chart

Total expenses$121,854,73782.64% 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: 71.4% mission · 4.9% management · 23.7% fundraisingTotal expenses: 82.64% of revenue

2023Expense mix: 68.6% mission · 5.6% management · 25.9% fundraisingTotal expenses: 58.47% of revenue

2022Expense mix: 69.3% mission · 5.1% management · 25.5% fundraisingTotal expenses: 71.28% of revenue

2021Expense mix: 77.0% mission · 3.6% management · 19.4% fundraisingTotal expenses: 87.97% of revenue

2020Expense mix: 73.0% mission · 4.1% management · 22.9% fundraisingTotal expenses: 79.67% of revenue

2019Expense mix: 65.8% mission · 5.0% management · 29.1% fundraisingTotal expenses: 73.15% of revenue

2018Expense mix: 65.2% mission · 5.0% management · 29.8% fundraisingTotal expenses: 74.01% of revenue

2017Expense mix: 68.2% mission · 6.1% management · 25.7% fundraisingTotal expenses: 71.32% of revenue

Money in and money out

Revenue$147,453,508

Expenses$121,854,737

Annual surplus $25,598,771 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)$87,058,753 · 71.4% of expenses

Management and office costs$5,915,040 · 4.9% of expenses

Fundraising$28,880,944 · 23.7% of expenses

See all reported dollar amounts

Revenue$147,453,508

Expenses$121,854,737

Assets$970,907,904

Income$156,598,086

Contributions$82,690,216

Mission work (program services)$87,058,753

Fundraising$28,880,944

Grants given$486,431,900

Average grant$69,490,271

Management and general$5,915,040

Stocks and bonds$828,164,783

Accounting fees$190,751

Investing fees$309,147

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

THOMAS D FREEMANVP & CFO, TREASURER (UNTIL OCT 2024) · 40 hrs/week $553,968Base $522,869 · Other $31,099

O RICHARD BUNDY IIIPRESIDENT · 40 hrs/week $437,126Base $392,325 · Other $44,801

JONATHAN AGREEVP FOR DEVELOPMENT, ACADEMIC HEALTH ENTERPRISE · 40 hrs/week $431,231Base $381,980 · Other $49,251

JENNIFER HEISEYVP, ALUMNI & ANNUAL GIVING · 40 hrs/week $333,048Base $294,966 · Other $38,082

CALEB WHITTEDVP FOR DEVELOPMENT, WEST & REGIONAL CAMPUSES · 40 hrs/week $325,747Base $283,299 · Other $42,448

LINDA BLEDSOEVP, HUMAN RESOURCES · 40 hrs/week $297,342Base $279,376 · Other $17,966

KAREN HATCHERAVP OF PRINCIPAL GIFTS, ATHLETICS · 40 hrs/week $291,276Base $258,273 · Other $33,003

CARRIE WHITEVP OF TECH, INFO & PHILAN STRATEGY · 40 hrs/week $282,911Base $256,086 · Other $26,825

JULIE ENGEBRECHTVP, STRATEGIC COMMUNICATIONS · 40 hrs/week $253,829Base $215,583 · Other $38,246

TAMMY WERNKEAVP, GIFT PLANNING · 40 hrs/week $238,322Base $205,248 · Other $33,074

HEATHER PENAASSOC VP, ALUM & AG · 40 hrs/week $232,778Base $198,596 · Other $34,182

KENDRA SMITHVP & CFO, TREASURER (BEG MAY 2025) · 40 hrs/week $190,780Base $172,565 · Other $18,215

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 (57)

THOMAS D FREEMANVP & CFO, TREASURER (UNTIL OCT 2024)

O RICHARD BUNDY IIIPRESIDENT

JONATHAN AGREEVP FOR DEVELOPMENT, ACADEMIC HEALTH ENTERPRISE

JENNIFER HEISEYVP, ALUMNI & ANNUAL GIVING

CALEB WHITTEDVP FOR DEVELOPMENT, WEST & REGIONAL CAMPUSES

LINDA BLEDSOEVP, HUMAN RESOURCES

KAREN HATCHERAVP OF PRINCIPAL GIFTS, ATHLETICS

CARRIE WHITEVP OF TECH, INFO & PHILAN STRATEGY

JULIE ENGEBRECHTVP, STRATEGIC COMMUNICATIONS

TAMMY WERNKEAVP, GIFT PLANNING

HEATHER PENAASSOC VP, ALUM & AG

KENDRA SMITHVP & CFO, TREASURER (BEG MAY 2025)

HEATHER ELLISONCHIEF OF STAFF, SECRETARY

LORI A BEERTRUSTEE

LOURDES HARSHETRUSTEE

MARGARET SPRUNGTRUSTEE

LEIGH R FOXCHAIR

NANCY SANTITRUSTEE

LAURENCE F JONES IIITRUSTEE

RAE A MANGIMMEDIATE PAST CHAIR

PAUL GREENTRUSTEE

WILLIAM T NEATTRUSTEE

RICHARD C SEALTRUSTEE - PART YEAR

RUSSELL C MYERSTRUSTEE

RUTHIE S KEEFETRUSTEE

SHAKILA T AHMADTRUSTEE - PART YEAR

SHENAN P MURPHYTRUSTEE

SHIMUL A SHAHTRUSTEE - PART YEAR

STEPHEN E KIMPELTRUSTEE

THOMAS CARLETONTRUSTEE

TIMOTHY A ELSBROCKTRUSTEE

WILLIAM J DAVISTRUSTEE

ALVIN H CRAWFORD MDTRUSTEE

EDWIN L BOWMAN IIITRUSTEE

AMANDA WAITTRUSTEE

ANDREA K WIOTTRUSTEE

ANDREW PATTERSONTRUSTEE - PART YEAR

ANIL HINDUJATRUSTEE

ANNABEL KONESCOTRUSTEE - PART YEAR

ANNDREA MOORETRUSTEE

ARUN MURTHYTRUSTEE

BARBARA FANTTRUSTEE

CARA BAAH-BINNEYTRUSTEE

CHRISTOPHER VAN PELTTRUSTEE

DARRELL D MILLERTRUSTEE

LA VANDEZ JONESTRUSTEE

ERIC C BROYLESTRUSTEE

GARY D JOHNSTRUSTEE - PART YEAR

GYAN JHATRUSTEE - PART YEAR

JACQUELINE C NEUMANNTRUSTEE

JAMES BOYCETRUSTEE

JEROME C KATHMANTRUSTEE

JERRY L FRITZTRUSTEE

JOHN B BERDINGTRUSTEE

JUDY L PERSHERNTRUSTEE

KIMBERLEE J DOBBSTRUSTEE

KIRK PERRYTRUSTEE

About this charity

Recognized since: January 1977
Location: PO BOX 19970, CINCINNATI, OH 45219-0970
County: Hamilton
In care of: % UC FOUNDATION PAYROLL
Primary officer: KENDRA SMITH, VP, CFO AND TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(513) 556-6781 Officer phone(513) 556-0831

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: PLANTE & MORAN PLLC
NTEE classification: Public Foundations (T30)
IRS tax category: Public Foundations
Grant-giving organization: Yes