Nonprofit · EIN 23-7349527
UNIVERSITY OF MONTEVALLO FOUNDATION
Tax-exempt · MONTEVALLO, AL 35115
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $8,436,699 | $5,694,532 | $2,742,167 | $79,349,488 | $1,607,751 | $77,741,737 |
| September 30, 2024 | 990 | $10,937,828 | $3,559,455 | $7,378,373 | $72,621,815 | $407,448 | $72,214,367 |
| September 30, 2023 | 990 | $10,598,156 | $3,493,659 | $7,104,497 | $57,084,654 | $819,296 | $56,265,358 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $3,474,472
- Program service revenue
- $903,429
- Investment income
- $4,028,748
- Net rental income
- $30,050
- Net gain from sales of assets
- $2,170,944
- Other revenue
- $30,050
Expenses
- Grants and similar amounts paid
- $3,015,971
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $17,701
- Accounting fees
- $70,948
- Travel
- $311,601
- Depreciation
- $8,739
- Program services (functional)
- $5,310,871
- Management and general (functional)
- $383,661
Balance sheet and other
- Total assets, start of year
- $72,621,815
- Total assets, end of year
- $79,349,488
- Total liabilities, end of year
- $1,607,751
- Net assets, end of year
- $77,741,737
- Land, buildings and equipment
- $524,460
- Publicly traded securities
- $70,308,909
- Net assets without donor restrictions
- $12,442,675
- Net assets with donor restrictions
- $65,299,062
- Gross receipts
- $25,268,251
- Employees
- 0
- Volunteers
- 25
- Year formed
- 1973
- State of legal domicile
- AL
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SCOTT DILLARD | EXECUTIVE VICE PRESIDENT Highest-paid employee | 5 | $113,599 | $22,057 |
| SCARLET THOMPSON | EXECUTIVE DIRECTOR Officer | 40 | $17,500 | $2,205 |
| DAVID PICKETT | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| AMY NENADOVICH | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MITT SCHROEDER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JOHN COX | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ANNA CATHERINE ROBERSON | MEMBER Trustee or director | 1 | $0 | $0 |
| BARBARA SLOAN | MEMBER Trustee or director | 1 | $0 | $0 |
| BRIGETTE WRIGHT | MEMBER Trustee or director | 1 | $0 | $0 |
| CAROLYN DUNCAN | MEMBER Trustee or director | 1 | $0 | $0 |
| CHRIS COOPER | MEMBER Trustee or director | 1 | $0 | $0 |
| CLAYTON NORDAN | MEMBER Trustee or director | 1 | $0 | $0 |
| CONNIE SHEPPARD HARRIS | MEMBER Trustee or director | 1 | $0 | $0 |
| DENISE WOODHAM | MEMBER Trustee or director | 1 | $0 | $0 |
| DR TERRY ROBERSON | EX-OFFICIO MEMBERS Trustee or director | 1 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EDDIE BAKER | EX-OFFICIO MEMBERS Trustee or director | 1 | $0 |
| GEORGE ETHRIDGE | MEMBER Trustee or director | 1 | $0 |
| JEFFERY PURVIS | MEMBER Trustee or director | 1 | $0 |
| JOYCE GREATHOUSE | MEMBER Trustee or director | 1 | $0 |
| KEVIN GARDNER | MEMBER Trustee or director | 1 | $0 |
| MELANIE POOLE | MEMBER Trustee or director | 1 | $0 |
| MIKE MEADOWS | MEMBER Trustee or director | 1 | $0 |
| RAYMOND BELL | MEMBER Trustee or director | 1 | $0 |
| SAMANTHA WEBB | MEMBER Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SCOTT DILLARD | EXECUTIVE VICE PRESIDENT Officer | 24 | $109,192 | $18,201 |
| JAMES MOSS | CHAIRMAN (SINCE 08/11) Trustee or director, Officer | 1 | $0 | $0 |
| DAVID PICKETT | VICE-CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| MITT SCHROEDER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| AMY NENADOVICH | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JAMES CAVALE III | MEMBER Trustee or director | 1 | $0 | $0 |
| TRACEY MORANT-ADAMS | MEMBER Trustee or director | 1 | $0 | $0 |
| MARK EILAND | MEMBER Trustee or director | 1 | $0 | $0 |
| GEORGE ETHRIDGE | MEMBER Trustee or director | 1 | $0 | $0 |
| KEVIN GARDNER | MEMBER Trustee or director | 1 | $0 | $0 |
| CONNIE SHEPPARD HARRIS | MEMBER Trustee or director | 1 | $0 | $0 |
| CAROLYN DUNCAN | MEMBER Trustee or director | 1 | $0 | $0 |
| KITTILAX KRIDAKORN | MEMBER Trustee or director | 1 | $0 | $0 |
| JEFFERY PURVIS | MEMBER Trustee or director | 1 | $0 | $0 |
| BOB BAKER | MEMBER Trustee or director | 1 | $0 | $0 |
| EDDIE BAKER | MEMBER Trustee or director | 1 | $0 | $0 |
| CLAYTON NORDAN | MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN COX | MEMBER Trustee or director | 1 | $0 | $0 |
| MELANIE POOLE | MEMBER Trustee or director | 1 | $0 | $0 |
| RAYMOND BELL | MEMBER Trustee or director | 1 | $0 | $0 |
| BARBARA SLOAN | MEMBER Trustee or director | 1 | $0 | $0 |
| ALISON STEINEKER | MEMBER Trustee or director | 1 | $0 | $0 |
| THOMAS WHITING | MEMBER Trustee or director | 1 | $0 | $0 |
| DENISE WOODHAM | MEMBER Trustee or director | 1 | $0 | $0 |
| BRIGETTE WRIGHT | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2023: 31 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JAMES MOSS | CHAIRMAN (SINCE 08/11) Trustee or director, Officer | 1 | $0 |
| GERALD RIVERO | VICE-CHAIRMAN Trustee or director, Officer | 1 | $0 |
| MITT SCHROEDER | TREASURER Trustee or director, Officer | 1 | $0 |
| REBECCA DUNAWAY | SECRETARY Trustee or director, Officer | 1 | $0 |
| JAMES CAYALE III | MEMBER Trustee or director | 1 | $0 |
| PAUL DORAN | MEMBER Trustee or director | 1 | $0 |
| TRACEY MORANT-ADAMS | MEMBER Trustee or director | 1 | $0 |
| MARK EILAND | MEMBER Trustee or director | 1 | $0 |
| GEORGE ETHRIDGE | MEMBER Trustee or director | 1 | $0 |
| KEVIN GARDNER | MEMBER Trustee or director | 1 | $0 |
| CONNIE SHEPPARD HARRIS | MEMBER Trustee or director | 1 | $0 |
| CAROLYN DUNCAN | MEMBER Trustee or director | 1 | $0 |
| KITTILAX KRIDAKORN | MEMBER Trustee or director | 1 | $0 |
| KARL MOOR | MEMBER Trustee or director | 1 | $0 |
| BOB BAKER | MEMBER Trustee or director | 1 | $0 |
| AMY NENADOVICH | MEMBER Trustee or director | 1 | $0 |
| JAMES NEWMAN | MEMBER Trustee or director | 1 | $0 |
| CLAYTON NORDAN | MEMBER Trustee or director | 1 | $0 |
| DAVID PICKETT | MEMBER Trustee or director | 1 | $0 |
| MELANIE POOLE | MEMBER Trustee or director | 1 | $0 |
| LYNNE RICHARDSON | MEMBER Trustee or director | 1 | $0 |
| RAYMOND BELL | MEMBER Trustee or director | 1 | $0 |
| MARK BRANDON | MEMBER Trustee or director | 1 | $0 |
| STEPHANIE SHAW | MEMBER Trustee or director | 1 | $0 |
| BARBARA SLOAN | MEMBER Trustee or director | 1 | $0 |
| ALISON STEINEKER | MEMBER Trustee or director | 1 | $0 |
| THOMAS WHITING | MEMBER Trustee or director | 1 | $0 |
| DENISE WOODHAM | MEMBER Trustee or director | 1 | $0 |
| BRIGETTE WRIGHT | MEMBER Trustee or director | 1 | $0 |
| KAREN KELLY | CHAIRMAN (THROUGH 08/11) Trustee or director | 1 | $0 |
| SCOTT DILLARD | EXECUTIVE VP OF ADVANCEMENT Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- STATION 6215, MONTEVALLO, AL 35115-0000
- Principal officer (990 for 2024)
- DAVID PICKETT, STATION 6215, MONTEVALLO, AL 351156000
- Signed the 990
- SCARLET THOMPSON, EXECUTIVE DIRECTOR
- Phone
- (205) 665-6215
- Return prepared by
- WARREN AVERETT LLC
Mission
THE UNIVERSITY OF MONTEVALLO FOUNDATION OPERATES TO ADVANCE THE MISSION OF THE UNIVERSITY OF MONTEVALLO IN ALL OF ITS EDUCATIONAL, INSTRUCTIONAL, SERVICE, CHARITABLE, AND OUTREACH ENDEAVORS. THE PRIMARY PURPOSE OF THE FOUNDATION IS TO RECEIVE, SOLICIT, ACCEPT, HOLD, ADMINISTER, USE, INVEST, ENDOW, AND DISBURSE PRIVATE PHILANTHROPIC GIFTS, BEQUESTS, DEVISES, AND ALL TYPES OF PROPERTY FOR THE EXCLUSIVE BENEFIT OF THE UNIVERSITY.
Program accomplishments
- SCHOLARSHIPS - THE FOUNDATION AWARDED SCHOLARSHIPS TO MORE THAN 1,200 UNIVERSITY STUDENTS.Expenses $1,700,681 · grants $1,700,681
- ACADEMIC SUPPORT - ACTIVITIES INCLUDE PROVIDING FUNDING FOR EDUCATIONAL SEMINARS, EDUCATIONAL MATERIALS, AND OTHER RESOURCES THAT ARE UTILIZED BY THE FACULTY OF THE UNIVERSITY OF MONTEVALLO.Expenses $755,454
- PROGRAM MANAGEMENT - INCLUDES AMOUNTS PAID TO THE UNIVERSITY OF MONTEVALLO FOR EQUIPMENT AND/OR FUNDRAISING SUPPORT.Expenses $2,854,736 · grants $1,315,290 · revenue $903,429
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 23-7349527
- 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
- 1979
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B43I)
- Assets (IRS master file)
- $79,349,488
- Income (IRS master file)
- $25,268,251
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $8,436,699 | $5,694,532 | $79,349,488 | XML |
| 990 | September 2024 | $10,937,828 | $3,559,455 | $72,621,815 | XML |
| 990 | September 2023 | $10,598,156 | $3,493,659 | $57,084,654 | XML |
| 990 | September 2022 | $7,323,023 | $3,844,033 | $48,926,102 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
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 23-7349527).
Questions about UNIVERSITY OF MONTEVALLO FOUNDATION
- What is the EIN of UNIVERSITY OF MONTEVALLO FOUNDATION?
- The employer identification number (EIN) of UNIVERSITY OF MONTEVALLO FOUNDATION is 23-7349527.
- Is UNIVERSITY OF MONTEVALLO FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to UNIVERSITY OF MONTEVALLO FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIVERSITY OF MONTEVALLO FOUNDATION 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 MONTEVALLO FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSITY OF MONTEVALLO FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of UNIVERSITY OF MONTEVALLO FOUNDATION?
- The 990 for the year ended September 30, 2025 names DAVID PICKETT.
- Who are the officers and directors of UNIVERSITY OF MONTEVALLO FOUNDATION?
- The 990 for the year ended September 30, 2025 lists 24 people; 2 received compensation from the organization, the highest $113,599 (SCOTT DILLARD, EXECUTIVE VICE PRESIDENT).
- How much revenue does UNIVERSITY OF MONTEVALLO FOUNDATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $8,436,699, expenses of $5,694,532 and total assets of $79,349,488 at year end.
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