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Nonprofit · EIN 31-0896555

UNIVERSITY OF CINCINNATI FOUNDATION

Tax-exempt · CINCINNATI, OH 45219

Financials

$148.3M$105.7M2022$177.9M$104M2023$147.5M$121.9M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF CINCINNATI FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$147,453,508$121,854,737$25,598,771$970,907,904$42,630,647$928,277,257
June 30, 2024990$177,906,583$104,023,416$73,883,167$904,693,969$46,216,266$858,477,703
June 30, 2023990$148,318,754$105,726,355$42,592,399$790,352,151$39,059,983$751,292,168
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$82,690,216
Program service revenue
$31,338,477
Investment income
$33,213,221
Net gain from sales of assets
$10,097,142
Net income from fundraising events
$211,594
Other revenue
$211,594

Expenses

Grants and similar amounts paid
$83,280,206
Compensation of officers, directors and key employees
$3,276,968
Other salaries and wages
$16,731,303
Salaries, compensation and benefits (total)
$24,870,084
Professional fundraising fees
$0
Legal fees
$129,301
Accounting fees
$190,751
Occupancy
$475,714
Travel
$404,892
Depreciation
$55,206
Program services (functional)
$87,058,753
Management and general (functional)
$5,915,040
Fundraising (functional)
$28,880,944

Balance sheet and other

Total assets, start of year
$904,693,969
Total assets, end of year
$970,907,904
Total liabilities, end of year
$42,630,647
Net assets, end of year
$928,277,257
Land, buildings and equipment
$58,631
Publicly traded securities
$828,164,783
Net assets without donor restrictions
$19,906,923
Net assets with donor restrictions
$908,370,334
Gross unrelated business income
$25,000
Gross receipts
$156,598,086
Employees
304
Volunteers
3,389
Year formed
1977
State of legal domicile
OH

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 / weekCompensationFrom related orgsOther / benefits
THOMAS D FREEMANVP & CFO, TREASURER (until Oct 2024)
Officer
40$522,869$14,175$31,099
O RICHARD BUNDY IIIPRESIDENT
Officer
40$392,325$0$44,801
JONATHAN AGREEVP FOR DEVELOPMENT, ACADEMIC HEALTH ENTERPRISE
Key employee
40$381,980$0$49,251
JENNIFER HEISEYVP, ALUMNI & ANNUAL GIVING
Key employee
40$294,966$0$38,082
CALEB WHITTEDVP FOR DEVELOPMENT, WEST & REGIONAL CAMPUSES
Key employee
40$283,299$0$42,448
LINDA BLEDSOEVP, HUMAN RESOURCES
Highest-paid employee
40$279,376$0$17,966
KAREN HATCHERAVP OF PRINCIPAL GIFTS, ATHLETICS
Highest-paid employee
40$258,273$0$33,003
CARRIE WHITEVP OF TECH, INFO & PHILAN STRATEGY
Key employee
40$256,086$0$26,825
JULIE ENGEBRECHTVP, STRATEGIC COMMUNICATIONS
Highest-paid employee
40$215,583$0$38,246
TAMMY WERNKEAVP, GIFT PLANNING
Highest-paid employee
40$205,248$0$33,074
HEATHER PENAASSOC VP, ALUM & AG
Highest-paid employee
40$198,596$0$34,182
KENDRA SMITHVP & CFO, TREASURER (beg May 2025)
Officer
40$172,565$0$18,215
HEATHER ELLISONCHIEF OF STAFF, SECRETARY
Officer
40$155,158$0$28,829
LEIGH R FOXCHAIR
Trustee or director, Officer
1$0$0$0
RAE A MANGIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0$0
42 more people on this return
NameTitleHours / weekCompensation
ALVIN H CRAWFORD MDTRUSTEE
Trustee or director
1$0
AMANDA WAITTRUSTEE
Trustee or director
1$0
ANDREA K WIOTTRUSTEE
Trustee or director
1$0
ANDREW PATTERSONTRUSTEE - PART YEAR
Trustee or director
1$0
ANIL HINDUJATRUSTEE
Trustee or director
1$0
ANNABEL KONESCOTRUSTEE - PART YEAR
Trustee or director
1$0
ANNDREA MOORETRUSTEE
Trustee or director
1$0
ARUN MURTHYTRUSTEE
Trustee or director
1$0
BARBARA FANTTRUSTEE
Trustee or director
1$0
CARA BAAH-BINNEYTRUSTEE
Trustee or director
1$0
CHRISTOPHER VAN PELTTRUSTEE
Trustee or director
1$0
DARRELL D MILLERTRUSTEE
Trustee or director
1$0
EDWIN L BOWMAN IIITRUSTEE
Trustee or director
1$0
ERIC C BROYLESTRUSTEE
Trustee or director
1$0
GARY D JOHNSTRUSTEE - PART YEAR
Trustee or director
1$0
JACQUELINE C NEUMANNTRUSTEE
Trustee or director
1$0
JAMES BOYCETRUSTEE
Trustee or director
1$0
JEROME C KATHMANTRUSTEE
Trustee or director
1$0
JERRY L FRITZTRUSTEE
Trustee or director
1$0
JOHN B BERDINGTRUSTEE
Trustee or director
1$0
JUDY L PERSHERNTRUSTEE
Trustee or director
1$0
KIMBERLEE J DOBBSTRUSTEE
Trustee or director
1$0
KIRK PERRYTRUSTEE
Trustee or director
1$0
LA VANDEZ JONESTRUSTEE
Trustee or director
1$0
LAURENCE F JONES IIITRUSTEE
Trustee or director
1$0
LORI A BEERTRUSTEE
Trustee or director
1$0
LOURDES HARSHETRUSTEE
Trustee or director
1$0
MARGARET SPRUNGTRUSTEE
Trustee or director
1$0
NANCY SANTITRUSTEE
Trustee or director
1$0
PAUL GREENTRUSTEE
Trustee or director
1$0
RICHARD C SEALTRUSTEE - PART YEAR
Trustee or director
1$0
RUSSELL C MYERSTRUSTEE
Trustee or director
1$0
RUTHIE S KEEFETRUSTEE
Trustee or director
1$0
SHAKILA T AHMADTRUSTEE - PART YEAR
Trustee or director
1$0
SHENAN P MURPHYTRUSTEE
Trustee or director
1$0
SHIMUL A SHAHTRUSTEE - PART YEAR
Trustee or director
1$0
STEPHEN E KIMPELTRUSTEE
Trustee or director
1$0
THOMAS CARLETONTRUSTEE
Trustee or director
1$0
TIMOTHY A ELSBROCKTRUSTEE
Trustee or director
1$0
WILLIAM J DAVISTRUSTEE
Trustee or director
1$0
WILLIAM T NEATTRUSTEE
Trustee or director
1$0
GYAN JHATRUSTEE - PART YEAR–$0
990 for the year ended June 30, 2024: 61 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PETER LANDGRENPRESIDENT
Officer
40$543,123$0$49,471
JONATHAN AGREEVP OF DEVELOPMENT - ACADEMIC HEALTH
Key employee
40$357,786$0$42,948
STEVE ROSFELDVP OF DEVELOPMENT- PART YEAR
Key employee
40$326,830$0$50,083
THOMAS D FREEMANVP & CFO, TREASURER
Officer
40$303,220$9,450$38,534
JENNIFER HEISEYVP OF ALUMNI & DONOR EXPERIENCE
Key employee
40$297,525$0$33,026
CALEB WHITTEDVP OF PRINCIPAL GIVING
Highest-paid employee
40$270,103$0$39,400
KAREN HATCHERAVP OF PRINCIPAL GIFTS, ATHLETICS
Highest-paid employee
40$258,489$0$35,320
CARRIE WHITEVP OF TECH, INFO & PHILAN STRATEGY
Key employee
40$257,721$0$30,081
JULIE ENGEBRECHTVP OF STRATEGIC COMMUNICATIONS
Highest-paid employee
40$218,174$0$35,909
LAUREEN MCCORKLEAVP OF DEVELOPMENT, UC CANCER CENTER
Highest-paid employee
40$211,908$0$41,668
LINDA BLEDSOEVP OF HUMAN RESOURCES
Highest-paid employee
40$207,264$0$34,372
MIKE ZENZEXEC DIRECTOR FOR PRINCIPAL GIVING
Former
40$172,835$0$26,426
HEATHER ELLISONCHIEF OF STAFF, SECRETARY
Officer
40$148,367$0$26,462
LEIGH R FOXCHAIR
Trustee or director, Officer
1$0$0$0
RAE A MANGIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0$0
ALVIN H CRAWFORD MDTRUSTEE
Trustee or director
1$0$0$0
AMANDA WAITTRUSTEE
Trustee or director
1$0$0$0
ANDREA K WIOTTRUSTEE
Trustee or director
1$0$0$0
ANIL HINDUJATRUSTEE
Trustee or director
1$0$0$0
ANNDREA MOORETRUSTEE
Trustee or director
1$0$0$0
ARUN MURTHYTRUSTEE
Trustee or director
1$0$0$0
BARBARA FANTTRUSTEE
Trustee or director
1$0$0$0
CHRISTOPHER VAN PELTTRUSTEE
Trustee or director
1$0$0$0
CORA OGLETRUSTEE - PART YEAR
Trustee or director
1$0$0$0
DARRELL D MILLERTRUSTEE
Trustee or director
1$0$0$0
EDWIN L BOWMAN IIITRUSTEE
Trustee or director
1$0$0$0
ERIC C BROYLESTRUSTEE
Trustee or director
1$0$0$0
GARY D JOHNSTRUSTEE
Trustee or director
1$0$0$0
GYAN JHATRUSTEE
Trustee or director
1$0$0$0
JACQUELINE C NEUMANNTRUSTEE
Trustee or director
1$0$0$0
JAMES BOYCETRUSTEE
Trustee or director
1$0$0$0
JEROME C KATHMANTRUSTEE
Trustee or director
1$0$0$0
JERRY L FRITZTRUSTEE
Trustee or director
1$0$0$0
JOHN B BERDINGTRUSTEE
Trustee or director
1$0$0$0
JOSEPH P JUDGETRUSTEE - PART YEAR
Trustee or director
1$0$0$0
JUDY L PERSHERNTRUSTEE
Trustee or director
1$0$0$0
KENNETH BYERSTRUSTEE - PART YEAR
Trustee or director
1$0$0$0
KIMBERLEE J DOBBSTRUSTEE
Trustee or director
1$0$0$0
KIRK PERRYTRUSTEE
Trustee or director
1$0$0$0
LAURENCE F JONES IIITRUSTEE
Trustee or director
1$0$0$0
LA VANDEZ JONESTRUSTEE
Trustee or director
1$0$0$0
LORI A BEERTRUSTEE
Trustee or director
1$0$0$0
LOURDES HARSHETRUSTEE
Trustee or director
1$0$0$0
NANCY SANTITRUSTEE
Trustee or director
1$0$0$0
PAUL GREENTRUSTEE
Trustee or director
1$0$0$0
PETER ALPAUGHTRUSTEE - PART YEAR
Trustee or director
1$0$0$0
RICHARD C SEALTRUSTEE
Trustee or director
1$0$0$0
RUSSELL C MYERSTRUSTEE
Trustee or director
1$0$0$0
RUTHIE S KEEFETRUSTEE
Trustee or director
1$0$0$0
RYAN RYBOLTTRUSTEE - PART YEAR
Trustee or director
1$0$0$0
SEAN P CONNELLTRUSTEE - PART YEAR
Trustee or director
1$0$0$0
SHAKILA T AHMADTRUSTEE
Trustee or director
1$0$0$0
SHENAN P MURPHYTRUSTEE
Trustee or director
1$0$0$0
SHIMUL A SHAHTRUSTEE
Trustee or director
1$0$0$0
STEPHEN E KIMPELTRUSTEE
Trustee or director
1$0$0$0
STUART G HOFFMANTRUSTEE - PART YEAR
Trustee or director
1$0$0$0
THOMAS CARLETONTRUSTEE
Trustee or director
1$0$0$0
TIMOTHY A ELSBROCKTRUSTEE
Trustee or director
1$0$0$0
WILLIAM J DAVISTRUSTEE
Trustee or director
1$0$0$0
WILLIAM T NEATTRUSTEE
Trustee or director
1$0$0$0
O RICHARD BUNDY IIIPRESIDENT
Officer
40$0$0$0
990 for the year ended June 30, 2023: 66 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PETER LANDGRENPRESIDENT
Officer
40$569,135$0$49,184
JONATHAN AGREEVP, DEVELOPMENT - ACADEMIC HEALTH/UC HEALTH
Key employee
40$330,762$0$34,582
STEVE ROSFELDVP FOR DEVELOPMENT
Key employee
40$303,225$0$47,381
THOMAS D FREEMANVP, CFO, TREASURER
Officer
40$281,854$9,450$37,425
JENNIFER HEISEYEXEC DIRECTOR, VP ALUMNI RELATIONS
Key employee
40$273,801$0$30,834
CALEB WHITTEDVP FOR PRINCIPAL GIVING
Highest-paid employee
40$244,916$0$39,896
CARRIE WHITEVP, TECH, INFO & PHILANTHROPIC STRATEGY
Key employee
40$235,396$0$31,522
KAREN HATCHERASSIST VP, PRINCIPAL GIFTS-ATHLETICS
Highest-paid employee
40$229,006$0$33,689
JULIE ENGEBRECHTVP, STRATEGIC COMMUNICATIONS
Highest-paid employee
40$198,163$0$33,454
LAUREEN MCCORKLEAVP DEVELOPMENT, UC CANCER CENTER
Highest-paid employee
40$183,680$0$39,602
HEATHER PENACOO, UC ALUMNI ASSOCIATION
Highest-paid employee
40$184,726$0$30,426
MIKE ZENZEXEC DIRECTOR FOR PRINCIPAL GIVING
Key employee
40$157,333$0$28,711
HEATHER ELLISONCHIEF OF STAFF, SECRETARY
Officer
40$104,734$0$21,163
LEIGH R FOXVICE CHAIR
Trustee or director, Officer
1$0$0$0
RAE A MANGCHAIR
Trustee or director, Officer
1$0$0$0
ALVIN H CRAWFORD MDTRUSTEE
Trustee or director
1$0$0$0
AMANDA WAITTRUSTEE
Trustee or director
1$0$0$0
ANNDREA MOORETRUSTEE
Trustee or director
1$0$0$0
ANDREA K WIOTTRUSTEE
Trustee or director
1$0$0$0
ANDREA I ZAHUMENSKYTRUSTEE
Trustee or director
1$0$0$0
ANIL HINDUJATRUSTEE
Trustee or director
1$0$0$0
ARUN MURTHYTRUSTEE
Trustee or director
1$0$0$0
BARBARA FANTTRUSTEE
Trustee or director
1$0$0$0
CHRISTOPHER VAN PELTTRUSTEE
Trustee or director
1$0$0$0
CORA K OGLETRUSTEE
Trustee or director
1$0$0$0
DARRELL D MILLERTRUSTEE
Trustee or director
1$0$0$0
EDWIN L BOWMAN IIITRUSTEE
Trustee or director
1$0$0$0
ELLEN RIEVESCHLTRUSTEE
Trustee or director
1$0$0$0
ERIC C BROYLESTRUSTEE
Trustee or director
1$0$0$0
GARY D JOHNSTRUSTEE
Trustee or director
1$0$0$0
GYAN JHATRUSTEE
Trustee or director
1$0$0$0
JACQUELINE C NEUMANNTRUSTEE
Trustee or director
1$0$0$0
JAMES BOYCETRUSTEE
Trustee or director
1$0$0$0
JEROME C KATHMANTRUSTEE
Trustee or director
1$0$0$0
JERRY L FRITZTRUSTEE
Trustee or director
1$0$0$0
JOHN B BERDINGTRUSTEE
Trustee or director
1$0$0$0
JOHN TEWTRUSTEE
Trustee or director
1$0$0$0
JOSEPH P JUDGETRUSTEE
Trustee or director
1$0$0$0
JUDY L PERSHERNTRUSTEE
Trustee or director
1$0$0$0
KEN V BYERSTRUSTEE
Trustee or director
1$0$0$0
KIMBERLEE J DOBBSTRUSTEE
Trustee or director
1$0$0$0
KIRK PERRYTRUSTEE
Trustee or director
1$0$0$0
LAURENCE F JONES IIITRUSTEE
Trustee or director
1$0$0$0
LORI A BEERTRUSTEE
Trustee or director
1$0$0$0
LOURDES HARSHETRUSTEE
Trustee or director
1$0$0$0
PAUL GREENTRUSTEE
Trustee or director
1$0$0$0
PETER A ALPAUGHTRUSTEE
Trustee or director
1$0$0$0
PHIL D COLLINSTRUSTEE
Trustee or director
1$0$0$0
RANDALL E SMITHTRUSTEE
Trustee or director
1$0$0$0
RICHARD C SEALTRUSTEE
Trustee or director
1$0$0$0
ROBERT J KINGTRUSTEE
Trustee or director
1$0$0$0
RUSSELL C MYERSTRUSTEE
Trustee or director
1$0$0$0
RUTHIE S KEEFETRUSTEE
Trustee or director
1$0$0$0
RYAN M RYBOLTTRUSTEE
Trustee or director
1$0$0$0
SEAN P CONNELLTRUSTEE
Trustee or director
1$0$0$0
SHAKILA T AHMADTRUSTEE
Trustee or director
1$0$0$0
SHENAN P MURPHYTRUSTEE
Trustee or director
1$0$0$0
SHIMUL A SHAHTRUSTEE
Trustee or director
1$0$0$0
STEPHEN E KIMPELTRUSTEE
Trustee or director
1$0$0$0
STUART G HOFFMANTRUSTEE
Trustee or director
1$0$0$0
THOMAS CARLETONTRUSTEE
Trustee or director
1$0$0$0
TIMOTHY A ELSBROCKTRUSTEE
Trustee or director
1$0$0$0
WILLIAM J DAVISTRUSTEE
Trustee or director
1$0$0$0
WILLIAM T NEATTRUSTEE
Trustee or director
1$0$0$0
EVA L MADDOXTRUSTEE - PART YEAR
Trustee or director
1$0$0$0
ROBERT R BUCKTRUSTEE - PART YEAR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 19970, CINCINNATI, OH 45219-0970
In care of
% UC FOUNDATION PAYROLL
Principal officer (990 for 2024)
LEIGH R FOX, PO Box 19970, Cincinnati, OH 452190970
Signed the 990
KENDRA SMITH, VP, CFO AND TREASURER
Phone
(513) 556-6781
Return prepared by
Plante & Moran PLLC

Mission

MISSION: TO INSPIRE A COMMUNITY OF UC AND UC HEALTH SUPPORTERS THROUGH THE POWER OF PHILANTHROPY. VISION: IGNITING PASSION TO TRANSFORM LIVES.

990 for the year ended June 30, 2025

Program accomplishments

  • THE UC FOUNDATION IS THE FUNDRAISING ENTITY FOR THE UNIVERSITY OF CINCINNATI. THE UC FOUNDATION EXISTS TO ADVANCE THE FUTURES OF THE UNIVERSITY, ITS COLLEGES, UNITS, DEPARTMENTS, FACULTY AND STUDENTS THROUGH PHILANTHROPY AND TO PROMOTE ALUMNI ENGAGEMENT. ALL PROGRAM SERVICE ALLOCATIONS ARE MADE TO OR FOR THE BENEFIT OF THE UNIVERSITY OF CINCINNATI. IN ADDITION TO THE ABOVE, THE UC FOUNDATION ALSO PROVIDES FUNDRAISING SERVICES FOR UC HEALTH AND RECORDS DONATIONS RECEIVED BY THE LINDNER CENTER OF HOPE. THE DONATIONS RECORDED BY THE UC FOUNDATION FOR UC HEALTH, THE LINDNER CENTER OF HOPE AND DONATIONS RECEIVED DIRECTLY BY THE UNIVERSITY OF CINCINNATI ARE NOT INCLUDED IN THE FORM 990 AS CONTRIBUTION AND GRANT REVENUE.
    Expenses $87,058,753 · grants $83,280,206 · revenue $31,313,477

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
31-0896555
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1977
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$970,907,904
Income (IRS master file)
$156,598,086

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$147,453,508$121,854,737$970,907,904IRS
990-TJune 2025–––IRS
990June 2024$177,906,583$104,023,416$904,693,969IRS
990-TJune 2024–––IRS
990June 2023$148,318,754$105,726,355$790,352,151XML
990-TJune 2023–––IRS
990June 2022$143,064,693$125,858,709$743,496,538IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 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 31-0896555).

Questions about UNIVERSITY OF CINCINNATI FOUNDATION

What is the EIN of UNIVERSITY OF CINCINNATI FOUNDATION?
The employer identification number (EIN) of UNIVERSITY OF CINCINNATI FOUNDATION is 31-0896555.
Is UNIVERSITY OF CINCINNATI FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
Are donations to UNIVERSITY OF CINCINNATI FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY OF CINCINNATI 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 CINCINNATI FOUNDATION 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 CINCINNATI FOUNDATION 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 CINCINNATI FOUNDATION?
The 990 for the year ended June 30, 2025 names LEIGH R FOX.
Who are the officers and directors of UNIVERSITY OF CINCINNATI FOUNDATION?
The 990 for the year ended June 30, 2025 lists 57 people; 13 received compensation from the organization, the highest $522,869 (THOMAS D FREEMAN, VP & CFO, TREASURER (until Oct 2024)).
How much revenue does UNIVERSITY OF CINCINNATI FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $147,453,508, expenses of $121,854,737 and total assets of $970,907,904 at year end.

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