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Nonprofit · EIN 23-7098404

UNIVERSITY OF IDAHO FOUNDATION INC

Also known as TRUST I& INVMT OFFICE

Tax-exempt · MOSCOW, ID 83844

Financials

$39.6M$30.2M2022$51.3M$33.3M2023$61.2M$48.8M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF IDAHO FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$61,212,791$48,791,581$12,421,210$565,089,456$28,563,762$536,525,694
June 30, 2024990$51,300,461$33,334,255$17,966,206$508,865,928$27,670,183$481,195,745
June 30, 2023990$39,573,106$30,186,097$9,387,009$465,018,022$25,257,560$439,760,462
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$37,433,785
Program service revenue
$0
Investment income
$23,671,616
Net rental income
$107,390
Net gain from sales of assets
$12,924,948
Other revenue
$107,390

Expenses

Grants and similar amounts paid
$45,169,960
Compensation of officers, directors and key employees
$1,385,791
Other salaries and wages
$308,536
Salaries, compensation and benefits (total)
$1,817,769
Professional fundraising fees
$0
Legal fees
$218,785
Accounting fees
$101,035
Travel
$19,442
Program services (functional)
$45,375,964
Management and general (functional)
$3,120,028
Fundraising (functional)
$295,589

Balance sheet and other

Total assets, start of year
$508,865,928
Total assets, end of year
$565,089,456
Total liabilities, end of year
$28,563,762
Net assets, end of year
$536,525,694
Land, buildings and equipment
$7,034,000
Publicly traded securities
$382,833,330
Net assets without donor restrictions
$13,030,269
Net assets with donor restrictions
$523,495,425
Gross unrelated business income
-$3,716
Gross receipts
$189,933,122
Employees
0
Volunteers
553
Year formed
1970
State of legal domicile
ID

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Benjamin McLuenChief Executive Officer
Officer
40$286,181$43,819
Linda Campos Chief FinancialOfficer (As of Aug '24)
Officer
40$214,313$34,906
Jen RootVice President, Development
Key employee
40$204,818$33,020
Christian ElsberryVice President, Foundation Services
Key employee
40$184,266$31,478
Bobbi Hughes - Chief StratPartnerships Officer for Engineering
Highest-paid employee
40$171,201$31,706
Amy Lientz - Asst VP AlumniRelation & Exec Dir, Alumni Assoc.
Highest-paid employee
40$144,015$27,312
Sharon MorganSenior Director, OETGP
Highest-paid employee
40$136,766$27,905
Ann BarringtonSenior Director, Development
Highest-paid employee
40$124,951$25,671
Mahmood Sheikh - AssociateAthletic Director of Development
Highest-paid employee
40$119,383$28,275
Clint MarshallChair
Trustee or director, Officer
4$0$0
Linda Copple TroutPast Chair
Trustee or director, Officer
4$0$0
Dan HutchinsonVice Chair
Trustee or director, Officer
4$0$0
David ButlerSecretary
Trustee or director, Officer
4$0$0
Annette ElgTreasurer
Trustee or director, Officer
4$0$0
Angella BroeschDirector (As of Oct '25)
Trustee or director
2$0$0
20 more people on this return
NameTitleHours / weekCompensation
Kirby DyessDirector
Trustee or director
2$0
Mark EngbergDirector
Trustee or director
2$0
John HaleDirector
Trustee or director
2$0
Mary HasenoehrlDirector
Trustee or director
2$0
Dave HuotariDirector (As of Oct '25)
Trustee or director
2$0
Scott MadisonDirector
Trustee or director
2$0
Samantha ParrottDirector
Trustee or director
2$0
Ken PierceDirector (As of Oct '25)
Trustee or director
2$0
Stephen PrussDirector
Trustee or director
2$0
Earl ReedDirector
Trustee or director
2$0
Ryne StokerDirector (As of Oct '25)
Trustee or director
2$0
Travis ThompsonDirector
Trustee or director
2$0
Bob UrsoDirector
Trustee or director
2$0
Blair WilsonDirector (Until Oct '25)
Trustee or director
2$0
Craig OlsonDirector (Until Oct '25)
Trustee or director
2$0
Robert DixonDirector (Until Mar '25)
Trustee or director
2$0
Rod GramerDirector (Until Oct '25)
Trustee or director
2$0
Bob MaynardDirector (Until Feb '25)
Trustee or director
2$0
Bill McCannDirector (Until Oct '25)
Trustee or director
2$0
Joanne StringfieldDirector (Until Oct '25)
Trustee or director
2$0
990 for the year ended June 30, 2024: 28 people
NameTitleHours / weekCompensationOther / benefits
Ben McLuen Chief ExecutiveOfficer (Beginning 1/1/2024)
Officer
40$254,320$14,350
Shawna Lindquist Interim ExecDirector (Ended 12/31/2023)
Officer
40$187,414$14,750
Deb Bell Former Director ofFinance (Ended 6/30/2023)
Former
40$106,722$7,475
Linda Copple TroutChair
Trustee or director, Officer
10$0$0
Clint MarshallVice Chair
Trustee or director, Officer
4$0$0
Blair WilsonTreasurer
Trustee or director, Officer
4$0$0
Dave ButlerSecretary
Trustee or director, Officer
4$0$0
Craig OlsonPast Chair
Trustee or director, Officer
4$0$0
Linda DavidsonDirector (Termed 10/2023)
Trustee or director
2$0$0
Robert DixonDirector
Trustee or director
2$0$0
Kirby DyessDirector
Trustee or director
2$0$0
Annette ElgDirector
Trustee or director
2$0$0
Mark EngbergDirector
Trustee or director
2$0$0
Rod GramerDirector
Trustee or director
2$0$0
John HaleDirector
Trustee or director
2$0$0
Mary HasenoehrlDirector
Trustee or director
2$0$0
Dan HutchinsonDirector
Trustee or director
2$0$0
Bob MaynardDirector
Trustee or director
2$0$0
Bill McCannDirector
Trustee or director
2$0$0
Lee McCollumDirector (Termed 10/2023)
Trustee or director
2$0$0
Earl ReedDirector
Trustee or director
2$0$0
Helen StevensonDirector (Termed 10/2023)
Trustee or director
2$0$0
Jo Anne StringfieldDirector
Trustee or director
2$0$0
Bob UrsoDirector
Trustee or director
2$0$0
Scott MadisonDirector (Appointed 10/2023)
Trustee or director
2$0$0
Samantha ParrottDirector (Appointed 10/2023)
Trustee or director
2$0$0
Stephen PrussDirector (Appointed 10/2023)
Trustee or director
2$0$0
Travis ThompsonDirector (Appointed 10/2023)
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
Shawna LindquistInterim Executive Director
Officer
40$148,078$59,668
Deborah BellDirector of Finance
Officer
40$142,120$57,677
David RennerSystems Analyst
Highest-paid employee
40$100,827$41,475
Linda Copple TroutChair
Trustee or director, Officer
10$0$0
Clint MarshallVice Chair
Trustee or director, Officer
4$0$0
Blair WilsonTreasurer
Trustee or director, Officer
4$0$0
Dave ButlerSecretary
Trustee or director, Officer
4$0$0
Craig OlsonPast Chair
Trustee or director, Officer
4$0$0
Linda DavidsonDirector
Trustee or director
2$0$0
Robert DixonDirector
Trustee or director
2$0$0
Kirby DyessDirector
Trustee or director
2$0$0
Annette ElgDirector
Trustee or director
2$0$0
Mark EngbergDirector
Trustee or director
2$0$0
Rod GramerDirector
Trustee or director
2$0$0
John HaleDirector
Trustee or director
2$0$0
Mary HasenoehrlDirector
Trustee or director
2$0$0
Dan HutchinsonDirector
Trustee or director
2$0$0
Bob MaynardDirector
Trustee or director
2$0$0
Bill McCannDirector
Trustee or director
2$0$0
Lee McCollumDirector
Trustee or director
2$0$0
Earl ReedDirector
Trustee or director
2$0$0
Helen StevensonDirector
Trustee or director
2$0$0
Jo Anne StringfieldDirector
Trustee or director
2$0$0
Bob UrsoDirector
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
875 PERIMETER DR MSC 3143, MOSCOW, ID 83844-3143
Mailing address (990-N for 2017)
875 Perimeter Drive MS 1011, Moscow ID 83844
Principal officer (990 for 2024)
Ben McLuen, 875 Perimeter Drive MS 3143, Moscow, ID 838443143
Principal officer (990-N for 2017)
Bethany Kersten, 875 Perimeter Drive MS 1011, Moscow ID 83844
Signed the 990
Linda Campos, Chief Financial Officer
Phone
(208) 885-4000
Return prepared by
Eide Bailly LLP

Mission

The mission of the University of Idaho Foundation, Inc. is to inspire, manage, and distribute private support to enhance the excellence of the University of Idaho.

990 for the year ended June 30, 2025

Program accomplishments

  • University Support: Accept, manage, invest, and distribute gifts and contributions from the general public for educational purposes and award such funds to the University of Idaho, including scholarships, student focused programs, faculty, research, and other support.Number of non-endowment donors: 6107Number of endowment donors: 1204Number of endowments: 1943
    Expenses $45,169,960 · grants $45,169,960
  • Alumni Support: The Foundation supports Alumni Programs through its Office of Alumni Relations, which are designed to build and sustain meaningful relationships between the University and its alumni. These programs foster engagement through events, outreach, and volunteer opportunities that strengthen alumni connections to the University and its mission. During the year the Office of Alumni Relations sponsored 144 events, supported by approximately 89 volunteers, to provide engagement and connections with over 8,193 alumni and donors. Through these efforts, the Foundation builds alumni connections, develops volunteer leadership and promotes philanthropic support aligned with institutional priorities.
    Expenses $206,004

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7098404
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1971
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$565,089,456
Income (IRS master file)
$189,933,122

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$61,212,791$48,791,581$565,089,456IRS
990-TJune 2025–––IRS
990June 2024$51,300,461$33,334,255$508,865,928IRS
990-TJune 2024–––IRS
990June 2023$39,573,106$30,186,097$465,018,022XML
990-TJune 2023–––IRS
990June 2022$83,800,693$36,721,665$439,325,192IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990-N for 2017
Officer: Bethany Kersten
June 30, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7098404).

Questions about UNIVERSITY OF IDAHO FOUNDATION INC

What is the EIN of UNIVERSITY OF IDAHO FOUNDATION INC?
The employer identification number (EIN) of UNIVERSITY OF IDAHO FOUNDATION INC is 23-7098404.
Is UNIVERSITY OF IDAHO FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to UNIVERSITY OF IDAHO FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY OF IDAHO FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNIVERSITY OF IDAHO FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNIVERSITY OF IDAHO FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of UNIVERSITY OF IDAHO FOUNDATION INC?
The 990 for the year ended June 30, 2025 names Ben McLuen.
Who are the officers and directors of UNIVERSITY OF IDAHO FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 35 people; 9 received compensation from the organization, the highest $286,181 (Benjamin McLuen, Chief Executive Officer).
How much revenue does UNIVERSITY OF IDAHO FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $61,212,791, expenses of $48,791,581 and total assets of $565,089,456 at year end.

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