Nonprofit · EIN 58-1505902
THE UNIVERSITY FINANCING FOUNDATION INC
Tax-exempt · ATLANTA, GA 30308
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $46,674,733 | $42,661,918 | $4,012,815 | $512,907,499 | $372,741,050 | $140,166,449 |
| December 31, 2023 | 990-PF | $52,701,961 | $48,674,943 | $4,027,018 | $499,661,037 | $376,033,155 | $123,627,882 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,839,400
- Interest
- $186,103
- Net rental income
- $20,986,801
- Net gain from sales of assets
- $8,343,476
- Other income
- $15,318,953
Expenses
- Grants and similar amounts paid
- $1,411,420
- Compensation of officers, directors and key employees
- $3,862,167
- Salaries, compensation and benefits (total)
- $831,145
- Disbursements for charitable purposes
- $7,238,948
Balance sheet and other
- Total assets, start of year
- $499,661,037
- Total assets, end of year
- $512,907,499
- Total liabilities, end of year
- $372,741,050
- Net assets, end of year
- $140,166,449
- Fair market value of assets
- $512,907,499
- Qualifying distributions
- $17,903,637
- Net investment income
- $41,033,889
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN T BYRNE 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | PRESIDENT, CEO, COO, ASSISTANT TREASUR | 40 | $1,010,000 | $251,278 |
| VICTOR R CLEMENTS 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | SENIOR VICE PRESIDENT - ADMINISTRATION | 40 | $544,000 | $145,510 |
| TERESA A FAILLA 75 FIFTH ST NW SUITE 1025, ATLANTA, GA 30308 | ASSISTANT VICE PRESIDENT AND CHIEF OF | 40 | $304,500 | $106,850 |
| LISA A BEALL 75 FIFTH ST NW SUITE 1025, ATLANTA, GA 30308 | CONTROLLER, ASSISTANT TREASURER | 40 | $269,000 | $104,526 |
| ANNE M TOMSKY 75 FIFTH ST NW SUITE 1025, ATLANTA, GA 30308 | ASSISTANT VICE PRESIDENT | 40 | $238,500 | $94,889 |
| DAVID E ANDERSON 75 FIFTH ST NW SUITE 1025, ATLANTA, GA 30308 | VP - REAL ESTATE (FROM 06/2024) | 40 | $139,327 | $49,879 |
| PADRES SULAIMAN 75 FIFTH ST SUITE 1025, ATLANTA, GA 30308 | ASSISTANT CONTROLLER Highest-paid employee | 40 | $129,119 | $39,768 |
| THOMAS H HALL III 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | CONSULTANT | 6.2 | $112,850 | $0 |
| TERRI KEMP 75 FIFTH ST SUITE 1025, ATLANTA, GA 30308 | PROJECT ACCOUNTANT Highest-paid employee | 40 | $109,500 | $44,030 |
| THOMAS H HALL III 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | DIRECTOR, ASSISTANT SECRETARY | 5.5 | $105,033 | $42,400 |
| DAVID M MCKENNEY 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | DIRECTOR, TREASURER, ASSISTANT SECRETA | 5.5 | $102,950 | $38,400 |
| AJ ROBINSON 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | DIRECTOR, SECRETARY | 5.5 | $99,700 | $55,400 |
| HANK HARRIS 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | DIRECTOR (FROM 01/2024) | 5.5 | $85,800 | $38,400 |
| MICHAEL HADDOW 75 FIFTH ST SUITE 1025, ATLANTA, GA 30308 | FINANCIAL ANALYST Highest-paid employee | 40 | $78,500 | $29,410 |
| ERIKA UNDERWOOD 75 FIFTH ST SUITE 1025, ATLANTA, GA 30308 | OFFICE MANAGER & EXE Highest-paid employee | 40 | $78,000 | $31,667 |
5 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN T BYRNE 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | DIRECTOR | 0 | $69,000 | $45,791 |
| MICHAEL K HAIR 75 FIFTH ST NW SUITE 1025, ATLANTA, GA 30308 | VP - FINANCE (FROM 01/24 - 03/2024) | 40 | $65,658 | $33,011 |
| REBECCA SMITH 75 FIFTH ST SUITE 1050, ATLANTA, GA 30308 | OFFICE MANAGER Highest-paid employee | 35 | $65,300 | $23,943 |
| KYLE M TERRY 75 FIFTH ST NW SUITE 1025, ATLANTA, GA 30308 | VP - FINANCE (FROM 9/1/2024 - 9/30/24) | 40 | $22,772 | $0 |
| THOMAS W VENTULETT III 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | DIRECTOR, SECRETARY (TO 12/2023) | 5.5 | $11,617 | $0 |
990-PF for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEVIN T BYRNE 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | PRESIDENT, CEO, COO, ASSISTANT TREASUR | 40 | $990,000 | $213,491 |
| VICTOR R CLEMENTS 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | SENIOR VICE PRESIDENT - ADMINISTRATION | 40 | $486,000 | $138,390 |
| TERESA A FAILLA 75 FIFTH ST NW SUITE 1025, ATLANTA, GA 30308 | ASSISTANT VICE PRESIDENT AND CHIEF OF | 40 | $288,000 | $99,625 |
| MICHAEL K HAIR 75 FIFTH ST NW SUITE 1025, ATLANTA, GA 30308 | VICE PRESIDENT - FINANCE | 40 | $260,000 | $98,512 |
| LISA A BEALL 75 FIFTH ST NW SUITE 1025, ATLANTA, GA 30308 | CONTROLLER, ASSISTANT TREASURER | 40 | $254,500 | $94,636 |
| ANNE M TOMSKY 75 FIFTH ST NW SUITE 1025, ATLANTA, GA 30308 | ASSISTANT VICE PRESIDENT | 40 | $238,900 | $87,225 |
| ROBERT VOGEL 75 FIFTH ST SUITE 1025, ATLANTA, GA 30308 | ASSISTANT CONTROLLER Highest-paid employee | 40 | $122,500 | $37,730 |
| THOMAS H HALL III 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | DIRECTOR, CONSULTANT | 6 | $109,075 | $0 |
| TERRI KEMP 75 FIFTH ST SUITE 1025, ATLANTA, GA 30308 | PROJECT ACCOUNTANT Highest-paid employee | 40 | $105,600 | $40,385 |
| THOMAS H HALL III 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | DIRECTOR, ASSISTANT SECRETARY | 5.5 | $80,950 | $42,400 |
| THOMAS W VENTULETT III 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | DIRECTOR, SECRETARY | 5.5 | $80,950 | $43,400 |
| DAVID M MCKENNEY 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | DIRECTOR, TREASURER, ASSIST. SECRETARY | 5.5 | $80,950 | $44,650 |
| SETH P GARRETT 75 FIFTH ST NW SUITE 1025, ATLANTA, GA 30308 | VICE PRESIDENT - REAL ESTATE | 40 | $77,632 | $27,497 |
| MICHAEL HADDOW 75 FIFTH ST SUITE 1025, ATLANTA, GA 30308 | FINANCIAL ANALYST Highest-paid employee | 40 | $75,400 | $28,455 |
| AJ ROBINSON 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | DIRECTOR, SECRETARY | 5.5 | $73,500 | $48,626 |
| ERIKA UNDERWOOD 75 FIFTH ST SUITE 1025, ATLANTA, GA 30308 | OFFICE MANAGER & EXE Highest-paid employee | 40 | $72,750 | $29,121 |
| REBECCA SMITH 75 FIFTH ST SUITE 1050, ATLANTA, GA 30308 | OFFICE MANAGER Highest-paid employee | 35 | $62,800 | $19,882 |
| KEVIN T BYRNE 75 FIFTH ST NW SUITE 1050, ATLANTA, GA 30308 | DIRECTOR | 0 | $47,000 | $35,791 |
Address and contacts
- Address (IRS master file)
- 75 5TH NW ST STE 1025, ATLANTA, GA 30308-0000
- Signed the 990-PF
- KEVIN T BYRNE, CEO
- Phone
- (404) 214-9440
- Website
- WWW.TUFF.ORG
- Return prepared by
- DELOITTE TAX LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 58-1505902
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private operating foundation (exempt from paying excise taxes)
- Donations deductible (Pub 78)
- Private operating foundation, 50% limit
- Exempt since
- 1987
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $512,907,499
- Income (IRS master file)
- $74,603,617
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $46,674,733 | $42,661,918 | $512,907,499 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $52,701,961 | $48,674,943 | $499,661,037 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | 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 58-1505902).
Questions about THE UNIVERSITY FINANCING FOUNDATION INC
- What is the EIN of THE UNIVERSITY FINANCING FOUNDATION INC?
- The employer identification number (EIN) of THE UNIVERSITY FINANCING FOUNDATION INC is 58-1505902.
- Is THE UNIVERSITY FINANCING FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to THE UNIVERSITY FINANCING FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
- Which annual return does THE UNIVERSITY FINANCING FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE UNIVERSITY FINANCING FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE UNIVERSITY FINANCING FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of THE UNIVERSITY FINANCING FOUNDATION INC?
- The 990-PF for the year ended December 31, 2024 lists 20 people; 20 received compensation from the organization, the highest $1,010,000 (KEVIN T BYRNE, PRESIDENT, CEO, COO, ASSISTANT TREASUR).
- How much revenue does THE UNIVERSITY FINANCING FOUNDATION INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $46,674,733, expenses of $42,661,918 and total assets of $512,907,499 at year end.
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