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Nonprofit · EIN 37-6006007

UNIVERSITY OF ILLINOIS FOUNDATION

Tax-exempt · CHAMPAIGN, IL 61820

Financials

$450.3M$334.5M2022$671.3M$347.8M2023$614.5M$390.3M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF ILLINOIS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$614,490,920$390,281,201$224,209,719$3,696,953,968$106,166,163$3,590,787,805
June 30, 2024990$671,293,663$347,825,062$323,468,601$3,593,401,616$103,790,788$3,489,610,828
June 30, 2023990$450,262,389$334,547,134$115,715,255$3,328,275,874$125,846,987$3,202,428,887
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$342,032,709
Program service revenue
$8,855,653
Investment income
$246,876,903
Net rental income
$1,189,679
Net gain from sales of assets
$204,997,658
Other revenue
$16,725,655

Expenses

Grants and similar amounts paid
$312,306,069
Compensation of officers, directors and key employees
$6,782,160
Other salaries and wages
$23,585,448
Salaries, compensation and benefits (total)
$39,072,822
Professional fundraising fees
$184,397
Legal fees
$209,282
Accounting fees
$553,456
Occupancy
$1,207,603
Travel
$1,524,457
Depreciation
$1,733,429
Program services (functional)
$312,306,069
Management and general (functional)
$53,609,130
Fundraising (functional)
$24,366,002

Balance sheet and other

Total assets, start of year
$3,593,401,616
Total assets, end of year
$3,696,953,968
Total liabilities, end of year
$106,166,163
Net assets, end of year
$3,590,787,805
Land, buildings and equipment
$206,444,555
Publicly traded securities
$1,219,078,438
Net assets without donor restrictions
$91,217,298
Net assets with donor restrictions
$3,499,570,507
Gross unrelated business income
$17,329,195
Gross receipts
$1,781,411,255
Employees
210
Volunteers
947
Year formed
1935
State of legal domicile
IL

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
Travis W ShoreChief Investment Officer
Officer
40$1,093,094$62,870
James H Moore JrPresident & CEO
Officer
40$1,005,232$60,170
Frank RobinsonManaging Director
Key employee
40$743,910$58,827
Matthew McGanityManaging Director
Key employee
40$744,636$51,121
Jeremy HeerManaging Director
Key employee
40$636,516$56,271
Jaime N DavisSenior Director
Key employee
40$367,959$157,886
Christine C DevocelleTreasurer & COO
Officer
40$383,671$64,519
Kristie DeKokerVC Health Affairs
Highest-paid employee
40$333,217$44,924
Jacquline N SchweighartAssistant Secretary
Officer
40$262,078$70,180
Edward F EwaldExecutive Advisor - End Dec '24
Highest-paid employee
20$271,583$57,787
Margaret A ClineVice President
Highest-paid employee
40$249,492$66,482
Jennifer F CerasaSecretary & General Counsel
Officer
40$257,573$53,671
Michael A DavisChief Technology Officer
Key employee
40$245,896$53,085
Brooke WeisenbeckSr. Vice President
Highest-paid employee
40$223,683$56,348
Michelle S BolgerAssistant Treasurer
Officer
40$208,398$65,436
27 more people on this return
NameTitleHours / weekCompensationOther / benefits
Richard H Darnell JrSenior Vice President - End Sept '24
Highest-paid employee
40$216,431$43,250
Kelly L BennettAssistant Treasurer
Officer
40$156,840$59,327
Anthony G DiTommasoImmediate Past Chair of the Board
Trustee or director, Officer
2$0$0
Karen M GolzChair-Elect
Trustee or director, Officer
2$0$0
Richard C OsborneChair of the Board
Trustee or director, Officer
2$0$0
A Helen McGrathDirector
Trustee or director
2$0$0
Alan D FeldmanDirector - end Nov '24
Trustee or director
2$0$0
Alejandra GarzaDirector
Trustee or director
2$0$0
Amita K SchultesDirector - begin Nov '24
Trustee or director
2$0$0
Beth Georgia GiesDirector
Trustee or director
2$0$0
Cynthia M HelleDirector
Trustee or director
2$0$0
Deborah A PaulDirector
Trustee or director
2$0$0
Donald E BielinskiDirector
Trustee or director
2$0$0
Gozen A HartmanDirector - begin Nov '24
Trustee or director
2$0$0
Jean M ManningDirector
Trustee or director
2$0$0
Julie A KellnerDirector
Trustee or director
2$0$0
Kay M SchwichtenbergDirector - end Nov '24
Trustee or director
2$0$0
Khawar M SiddiqueDirector
Trustee or director
2$0$0
Laura L FraleyDirector - end Nov '24
Trustee or director
2$0$0
Mark D CoeDirector - end Nov 24'
Trustee or director
2$0$0
Mary Ellen PenicookDirector
Trustee or director
2$0$0
Paul T TuckerDirector
Trustee or director
2$0$0
Rakesh VarmaDirector - begin Nov '24
Trustee or director
2$0$0
Saul J MorseDirector
Trustee or director
2$0$0
Shakeeb AlamDirector
Trustee or director
2$0$0
Stuart L LevenickDirector
Trustee or director
2$0$0
William D ForsythDirector
Trustee or director
2$0$0
990 for the year ended June 30, 2024: 43 people
NameTitleHours / weekCompensationOther / benefits
Travis W ShoreChief Investment Officer
Officer
40$1,093,184$58,369
James H Moore JrPresident & CEO
Officer
40$746,211$56,195
Frank RobinsonManaging Director
Key employee
40$744,000$54,693
Matthew McGanityManaging Director
Key employee
40$746,871$45,280
Jeremy HeerManaging Director - Begin Feb '23
Key employee
40$554,266$51,182
Christine C DevocelleTreasurer & COO
Officer
40$400,139$56,922
Kristie DeKokerVC Health Affairs
Highest-paid employee
40$352,470$45,852
Jaime N DavisSenior Director
Key employee
40$255,973$102,717
Jacquline N SchweighartAssistant Secretary
Officer
40$237,379$63,127
Jennifer F CerasaSecretary & General Counsel
Officer
40$245,398$53,489
Brooke WeisenbeckSr. Vice President
Highest-paid employee
40$218,965$59,447
Edward F EwaldExecutive Advisor
Highest-paid employee
20$216,829$60,190
Margaret A ClineVice President
Highest-paid employee
40$209,768$60,580
Richard H Darnell JrSenior Vice President
Highest-paid employee
40$206,417$48,946
Michelle S BolgerAssistant Treasurer
Officer
40$196,424$58,530
Michael A DavisChief Technology Officer
Key employee
40$202,284$48,745
Kelly L BennettAssistant Treasurer
Officer
40$150,371$52,286
Anthony G DiTommasoImmediate Past Chair of the Board
Trustee or director, Officer
2$0$0
Karen M GolzChair-Elect
Trustee or director, Officer
2$0$0
Richard C OsborneChair of the Board
Trustee or director, Officer
2$0$0
A Helen McGrathDirector
Trustee or director
2$0$0
Alan D FeldmanDirector
Trustee or director
2$0$0
Alejandra GarzaDirector
Trustee or director
2$0$0
Beth Georgia GiesDirector
Trustee or director
2$0$0
Cynthia M HelleDirector
Trustee or director
2$0$0
Deborah A PaulDirector
Trustee or director
2$0$0
Donald E BielinskiDirector
Trustee or director
2$0$0
Jean M ManningDirector
Trustee or director
2$0$0
Jose L SantillanDirector - end Oct '23
Trustee or director
2$0$0
Julie A KellnerDirector - Begin Oct '23
Trustee or director
2$0$0
Kay M SchwichtenbergDirector
Trustee or director
2$0$0
Khawar M SiddiqueDirector
Trustee or director
2$0$0
Laura L FraleyDirector
Trustee or director
2$0$0
Leon J LoichleDirector - end Oct '23
Trustee or director
2$0$0
Mark D CoeDirector
Trustee or director
2$0$0
Mary Ellen PenicookDirector
Trustee or director
2$0$0
Mary Kay HabenDirector - end Oct '23
Trustee or director
2$0$0
Paul T TuckerDirector
Trustee or director
2$0$0
Sam MendenhallDirector - end Oct '23
Trustee or director
2$0$0
Saul J MorseDirector
Trustee or director
2$0$0
Shakeeb AlamDirector
Trustee or director
2$0$0
Stuart L LevenickDirector
Trustee or director
2$0$0
William D ForsythDirector - Begin Oct '23
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 43 people
NameTitleHours / weekCompensationOther / benefits
James H Moore JrPresident & CEO
Officer
40$869,497$54,179
Travis W ShoreChief Investment Officer
Officer
40$606,998$49,227
Edward F EwaldExecutive Advisor
Key employee
20$347,026$65,534
Christine C DevocelleTreasurer & COO
Officer
40$346,980$53,961
Jaime N DavisSenior Director
Key employee
40$319,079$46,675
Matthew McGanityManaging Director
Key employee
40$304,518$27,023
Frank RobinsonManaging Director
Key employee
40$298,459$31,811
Jacquline N SchweighartAssistant Secretary
Officer
40$221,419$59,519
Margaret A ClineVice President
Highest-paid employee
40$222,569$58,013
Edward B Creedon - end 33122Former Interim CIO
Former
0$253,354$20,178
Richard H Darnell JrSenior Vice President
Highest-paid employee
40$206,655$47,505
Michelle S BolgerAssistant Treasurer
Officer
40$187,583$55,833
Michael A DavisChief Technology Officer
Key employee
40$193,242$45,036
Tyler S FitchVice President
Highest-paid employee
40$184,444$51,633
Shari M Fox - end 73122Senior Vice President
Highest-paid employee
40$206,142$27,155
Wesley W Curtis - end 63022Former General Counsel
Former
0$205,711$20,881
William E ReynenDirector
Highest-paid employee
40$164,027$38,570
Kelly L BennettAssistant Treasurer
Officer
40$139,940$50,305
Jennifer FCerasa-start 71822Secretary & General Counsel
Officer
40$131,310$23,469
Anthony G DiTommasoChair of the Board
Trustee or director, Officer
2$0$0
Richard C OsborneChair Elect
Trustee or director, Officer
2$0$0
Kay M SchwichtenbergImmediate Past Chair of the Board
Trustee or director, Officer
2$0$0
Shakeeb AlamDirector
Trustee or director
2$0$0
Donald E BielinskiDirector
Trustee or director
2$0$0
Mark D CoeDirector
Trustee or director
2$0$0
Alan D FeldmanDirector
Trustee or director
2$0$0
Laura L FraleyDirector
Trustee or director
2$0$0
Alejandra GarzaDirector
Trustee or director
2$0$0
Beth Georgia Gies-start 3823Director
Trustee or director
2$0$0
Karen M GolzDirector
Trustee or director
2$0$0
Mary Kay HabenDirector
Trustee or director
2$0$0
Cynthia M HelleDirector
Trustee or director
2$0$0
Stuart L LevenickDirector
Trustee or director
2$0$0
Leon J LoichleDirector
Trustee or director
2$0$0
Jean M ManningDirector
Trustee or director
2$0$0
A Helen McGrathDirector
Trustee or director
2$0$0
Sam MendenhallDirector
Trustee or director
2$0$0
Saul J MorseDirector
Trustee or director
2$0$0
Deborah A PaulDirector
Trustee or director
2$0$0
Mary Ellen PenicookDirector
Trustee or director
2$0$0
Jose L SantillanDirector
Trustee or director
2$0$0
Khawar M SiddiqueDirector
Trustee or director
2$0$0
Paul T TuckerDirector
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
303 SAINT MARYS RD, CHAMPAIGN, IL 61820-6930
In care of
% CHRISTINE C DEVOCELLE
Principal officer (990 for 2024)
James H Moore Jr, 303 ST MARYS ROAD, CHAMPAIGN, IL 61820
Signed the 990
James H Moore Jr, PRESIDENT & CEO
Phone
(217) 333-0810
Return prepared by
ERNST & YOUNG US LLP

Mission

The Foundation, a 501(c)(3) charitable organization, is an independent and separate nonprofit entity from the University of Illinois. Our mission is to encourage and administer private gifts and serve the UI System by working closely with alumni, faculty, corporations, foundations, and development staff to create fundraising programs and opportunities that benefit the University of Illinois.

990 for the year ended June 30, 2025

Program accomplishments

  • The University of Illinois Foundation makes distributions to the University of Illinois which uses these distributions in accordance with donor intent for many purposes, including student support, faculty support, and research.
    Expenses $312,306,069 · grants $312,306,069 · revenue $272,458,211

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
37-6006007
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
1948
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$3,696,953,968
Income (IRS master file)
$1,781,411,255

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$614,490,920$390,281,201$3,696,953,968IRS
990-TJune 2025–––IRS
990June 2024$671,293,663$347,825,062$3,593,401,616IRS
990-TJune 2024–––IRS
990June 2023$450,262,389$334,547,134$3,328,275,874XML
990-TJune 2023–––IRS
990June 2022$360,635,048$297,745,609$3,049,278,109IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––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 37-6006007).

Questions about UNIVERSITY OF ILLINOIS FOUNDATION

What is the EIN of UNIVERSITY OF ILLINOIS FOUNDATION?
The employer identification number (EIN) of UNIVERSITY OF ILLINOIS FOUNDATION is 37-6006007.
Is UNIVERSITY OF ILLINOIS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1948.
Are donations to UNIVERSITY OF ILLINOIS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY OF ILLINOIS 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 ILLINOIS 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 ILLINOIS 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 ILLINOIS FOUNDATION?
The 990 for the year ended June 30, 2025 names James H Moore Jr.
Who are the officers and directors of UNIVERSITY OF ILLINOIS FOUNDATION?
The 990 for the year ended June 30, 2025 lists 42 people; 17 received compensation from the organization, the highest $1,093,094 (Travis W Shore, Chief Investment Officer).
How much revenue does UNIVERSITY OF ILLINOIS FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $614,490,920, expenses of $390,281,201 and total assets of $3,696,953,968 at year end.

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