ATLANTA, GA
The University Financing Foundation Inc.
Quick Facts
- EIN
- 581505902
- Location
- ATLANTA, GA
- Category
- General
- Total Assets
- $512.9M
- Annual Income
- $74.6M
- IRS Ruling Year
- 1987
- Organization Type
- Corporation
- Tax Deductibility
- Contributions are deductible
About This Foundation
The University Financing Foundation Inc. is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 1987. It holds total assets of $512.9M. Annual income is reported at $74.6M. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$48.7M
2023-21%
Total Assets
$499.7M
2023-29%
Fair Market Value
$499.7M
2023
Net Worth
$123.6M
2023
Grants Paid
$654K
2023
Contributions
$0
2023
Net Investment Income
$6M
2023
Distribution Amount
$0
2023
Total Giving by Year
$39.9M
11$38.3M
12$36.9M
13$38.9M
14$37.3M
15$43.9M
19$52.4M
20$45.8M
21$61.3M
22$48.7M
23Asset Growth
$434.3M
11$444.2M
12$423.4M
13$425.8M
14$415.4M
15$680.2M
19$721.2M
20$746M
21$708.5M
22$499.7M
23Investment Portfolio (2023)
Total: $82.1M
Corporate Stock: $65.2M
Corporate Bonds: $7.4M
Government Obligations: $9.5M
Other Investments: $19.4M
Corporate Stock (64%)
Corporate Bonds (7%)
Government Obligations (9%)
Other Investments (19%)
Expense Breakdown (2023)
Interest$16.5M
Occupancy$6.8M
Officer Compensation$3.7M
Depreciation$3M
Pension & Benefits$964K
Grants Paid$654K
Accounting Fees$315K
Legal Fees$250K
Travel & Conferences$119K
Printing & Publications$3K
Revenue Sources (2023)
- Other Income
- $25M
- Gross Rents
- $18.3M
- Capital Gains (Net)
- $7.3M
- Dividends
- $2M
- Interest
- $31K
Financial Details (2023)
- Total Revenue
- $52.7M
- Total Expenses
- $48.7M
- Exempt Purpose Expenses
- $7.2M
- Required Distribution
- $0
- Undistributed Income
- $0
- Grants Approved (Future)
- $416K
- Total Liabilities
- $376M
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
50
Total Giving
$6.7M
Average Grant
$134K
Median Grant
$1K
Total Giving by Year
$6.4M (9 grants)
20$314K (41 grants)
21Grant Range
Min$10
Max$5.2M
Median: $1K
Smallest grantLargest grant
Openness to New Grantees (2021)
83%
of 2021 grantees were first-time recipients
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
NY: $710 (2)
MA
MA: $1K (1)
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
OH: $5K (1)
PA
PA: $2K (1)
NJ
CA
UT
CO
CO: $1K (1)
NE
MO
KY
WV
VA
VA: $1K (2)
MD
DE
DC
DC: $125 (1)
AZ
AZ: $42K (3)
NM
KS
AR
TN
NC
NC: $3K (4)
SC
OK
LA
MS
AL
GA
GA: $5.6M (31)
FL
FL: $1M (3)
HI
TX
GA$5.6M (31)
FL$1M (3)
AZ$42K (3)
OH$5K (1)
NC$3K (4)
PA$2K (1)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Georgia Advanced Technology Ventures IncGENERAL SUPPORT | Atlanta, GA | $75K | 2021 |
| University System Of Ga Foundation IncSPONSORSHIP | Athens, GA | $75K | 2021 |
| Georgia Tech Foundation IncGENERAL SUPPORT | Atlanta, GA | $60K | 2021 |
| Community Foundation For Greater Atlanta IncGENERAL SUPPORT | Atlanta, GA | $20K | 2021 |
| International Business Innovation Association IncSPONSORSHIP | Orlando, FL | $17K | 2021 |
| Association Of University Research ParksSPONSORSHIP | Tucson, AZ | $17K | 2021 |
| Young Life Atlanta ProjectGENERAL SUPPORT | Atlanta, GA | $11K | 2021 |
| Whitefield Academy IncGENERAL SUPPORT | Mableton, GA | $10K | 2021 |
| State Science And Tech InstituteSPONSORSHIP | Westerville, OH | $5K | 2021 |
| Boy Scouts Of America Council - Atlanta Area Council Boy Scouts Of AmericaSPONSORSHIP | Atlanta, GA | $3K | 2021 |
| Clayton State University Foundation IncSPONSORSHIP | Morrow, GA | $3K | 2021 |
| North Carolina Community Foundation IncGENERAL SUPPORT | Raleigh, NC | $2K | 2021 |
| American Anglican CouncilGENERAL SUPPORT | Loganville, GA | $2K | 2021 |
| University Economic Development Association IncSPONSORSHIP | Pittsburgh, PA | $2K | 2021 |
| Childrens Healthcare Of AtlantaGENERAL SUPPORT | Atlanta, GA | $2K | 2021 |
| Urban Land InstituteSPONSORSHIP | Boston, MA | $1K | 2021 |
| Friends Of The Georgia Archives And History IncGENERAL SUPPORT | Morrow, GA | $1K | 2021 |
| Spelman CollegeGENERAL SUPPORT | Atlanta, GA | $1K | 2021 |
| Youth With A Mission Strategic FrontiersGENERAL SUPPORT | Colorado Springs, CO | $1K | 2021 |
| The Salvation Army Of Metro AtlantaGENERAL SUPPORT | Norcross, GA | $750 | 2021 |
| Make-A-WishGENERAL SUPPORT | Phoenix, AZ | $500 | 2021 |
| Breaking Ground HdfcGENERAL SUPPORT | New York, NY | $500 | 2021 |
| Highlands Biological Foundation IncGENERAL SUPPORT | Highlands, NC | $500 | 2021 |
| Life Challenge Of Western North CarolinaGENERAL SUPPORT | Cullowhee, NC | $500 | 2021 |
| Cherokee Garden LibraryGENERAL SUPPORT | Atlanta, GA | $500 | 2021 |
| Shepherd Center Foundation IncGENERAL SUPPORT | Atlanta, GA | $500 | 2021 |
| St Christopher'S School FoundationGENERAL SUPPORT | Richmond, VA | $500 | 2021 |
| Camp Of Colors IncGENERAL SUPPORT | Cumming, GA | $500 | 2021 |
| Virginia Episcopal SchoolGENERAL SUPPORT | Lynchburg, VA | $500 | 2021 |
| The Hope CenterGENERAL SUPPORT | Woodstock, GA | $412 | 2021 |
| Clark Creek Elementary PtaGENERAL SUPPORT | Acworth, GA | $300 | 2021 |
| E412 Ministries IncGENERAL SUPPORT | Savannah, GA | $300 | 2021 |
| Food For The PoorGENERAL SUPPORT | Coconut Creek, FL | $250 | 2021 |
| A Word From The Lord IncGENERAL SUPPORT | Monroe, GA | $250 | 2021 |
| Highlands Cashiers Health Foundation IncGENERAL SUPPORT | Highlands, NC | $250 | 2021 |
| Warm Whispers Ministries IncGENERAL SUPPORT | Locust Grove, GA | $250 | 2021 |
| The Metropolitan Museum Of ArtGENERAL SUPPORT | New York, NY | $210 | 2021 |
| The Heritage FoundationGENERAL SUPPORT | Washington, DC | $125 | 2021 |
| The Als Association Of GeorgiaGENERAL SUPPORT | Atlanta, GA | $100 | 2021 |
| Mercy Care Foundation IncGENERAL SUPPORT | Atlanta, GA | $100 | 2021 |
| The Rotary Club Of North Atlanta Foundation IncGENERAL SUPPORT | Atlanta, GA | $10 | 2021 |
| Georgia Tech Foundation IncGENERAL SUPPORT | Atlanta, GA | $5.2M | 2020 |
| Florida Institute Of Technology IncGENERAL SUPPORT | Melbourne, FL | $1M | 2020 |
| University System Of Ga Foundation IncSPONSORSHIP | Atlanta, GA | $125K | 2020 |
| Association Of University Research ParksSPONSORSHIP | Tucson, AZ | $25K | 2020 |
| Community Foundation For Greater Atlanta IncSPONSORSHIP | Atlanta, GA | $20K | 2020 |
| Warm Whispers Ministries IncGENERAL SUPPORT | Locust Grove, GA | $12K | 2020 |
| Hinri Labs IncGENERAL SUPPORT | Atlanta, GA | $10K | 2020 |
| Young Life Atlanta ProjectGENERAL SUPPORT | Atlanta, GA | $10K | 2020 |
| Whitefield Academy IncGENERAL SUPPORT | Mableton, GA | $10K | 2020 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica