University Of Wisconsin Foundation
University Of Wisconsin Foundation
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About this organization
Mission
To promote the welfare of and advance the objectives of the University of Wisconsin-Madison by encouraging the interest, engagement, and financial support of alumni, donors, and friends in the life of the University and with each other.
About
The University of Wisconsin Foundation is the official fundraising and gift-receiving organization for the University of Wisconsin–Madison. The Foundation is the university’s development and financial partner. The UW Foundation is a private, nonprofit corporation that encourages individuals and organizations to make gifts and grants to the university. The Foundation was created and is governed by a board of UW–Madison alumni and donors. Established in 1945, the UW Foundation became a division of the Wisconsin Foundation and Alumni Association in 2014 following a merger with the Wisconsin Alumni Association, which was founded in 1861. Each year, the UW Foundation transfers gift and investment income to UW–Madison. (You can learn more about these transfers and other fundraising information in our annual reports.) These funds support campus priorities, including scholarships, building projects, research efforts, and the initiatives of specific schools, colleges, and programs. The Foundation staff believes that private support grows out of good relationships between those on campus who need support and the alumni and friends who want to invest in UW–Madison. Foundation staff members nurture those relationships, and administrators, faculty, and staff members on campus are vital partners in our fundraising efforts. We work with campus to understand university priorities, encourage gifts to fund those priorities, and help donors find the right fit for their philanthropy.
Interesting data from their 2020 990 filing
According to the filing, the non-profit's mission is “To promote the welfare of and advance the objectives of the university of wisconsin-madison by encouraging the interest, engagement, and financial support of alumni, donors, and friends in the life of the university and with each other.”.
When referring to its actions, they were described as: “University of wisconsin foundation aids university of wisconsin-madison by soliciting gifts & bequests, administers & invests securities & properties, & distributes payments for the benefit of university of wisconsin - madison.”.
- According to the law, the state of operation reported by the non-profit is WI.
- As per the filing, the address of the non-profit for 2020 is 1848 UNIVERSITY AVENUE, MADISON, WI, 537264090.
- According to their form, the non-profit as of 2020 has a total of 561 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $224,276,887.
- The organization has 46 independent voting members.
- The organization was formed in 1945.
- The organization pays $28,519,638 in salary, compensation, and benefits to its employees.
- The organization pays $27,495,703 in fundraising expenses.