Nonprofit · EIN 62-1844686
THE UNIVERSITY OF TENNESSEE FOUNDAT ION INC
Tax-exempt · KNOXVILLE, TN 37921
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $344,836,967 | $228,700,925 | $116,136,042 | $1,256,434,835 | $142,037,870 | $1,114,396,965 |
| June 30, 2024 | 990 | $315,326,525 | $199,164,553 | $116,161,972 | $1,011,600,489 | $51,807,634 | $959,792,855 |
| June 30, 2023 | 990 | $211,789,117 | $159,866,782 | $51,922,335 | $879,180,812 | $67,687,000 | $811,493,812 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $278,086,203
- Program service revenue
- $0
- Investment income
- $32,822,461
- Other revenue
- $33,928,303
Expenses
- Grants and similar amounts paid
- $134,759,795
- Compensation of officers, directors and key employees
- $3,677,013
- Other salaries and wages
- $31,687,279
- Salaries, compensation and benefits (total)
- $46,237,010
- Professional fundraising fees
- $2,331
- Travel
- $3,342,560
- Program services (functional)
- $176,743,567
- Management and general (functional)
- $51,955,027
- Fundraising (functional)
- $2,331
Balance sheet and other
- Total assets, start of year
- $1,011,600,489
- Total assets, end of year
- $1,256,434,835
- Total liabilities, end of year
- $142,037,870
- Net assets, end of year
- $1,114,396,965
- Net assets without donor restrictions
- $43,408,865
- Net assets with donor restrictions
- $1,070,988,100
- Gross receipts
- $344,836,967
- Employees
- 335
- Volunteers
- 1,294
- Year formed
- 2001
- State of legal domicile
- TN
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRIAN BROYLES | DEVELOPMENT Key employee | 40 | $477,564 | $74,164 |
| KERRY W WITCHER | PRESIDENT & Trustee or director, Officer | 40 | $406,927 | $75,887 |
| WOODROW M HENDERSON | DEVELOPMENT Key employee | 40 | $356,775 | $67,973 |
| BRIGITTE GRANT | DEVELOPMENT Key employee | 40 | $359,910 | $58,940 |
| PATRICK WILLIAMS | DEVELOPMENT Highest-paid employee | 40 | $319,853 | $53,261 |
| JOSEPH SCOGIN | DEVELOPMENT Highest-paid employee | 40 | $310,501 | $56,162 |
| CHARLES DEAL | DEVELOPMENT Key employee | 40 | $301,486 | $64,581 |
| BETHANY K GOOLSBY | DEVELOPMENT Highest-paid employee | 40 | $291,008 | $56,387 |
| ADAM HELLER | TREASURER & Officer | 40 | $281,387 | $62,171 |
| DUANE WILES | DEVELOPMENT Highest-paid employee | 40 | $281,295 | $60,016 |
| BRADY HART | DEVELOPMENT Highest-paid employee | 40 | $259,324 | $51,530 |
| JEANNA CURTIS-SWAFFORD | DEVELOPMENT Key employee | 40 | $187,648 | $49,311 |
| EVEN BEECH | DEVELOPMENT Key employee | 40 | $185,917 | $37,881 |
| RACHAEL R LEBLANC | SECRETARY Officer | 40 | $82,591 | $23,942 |
| ALAN WILSON | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
19 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ARTHUR L SPARKS JR | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| RONALD E FRIESON | PAST CHAIR Trustee or director, Officer | 2 | $0 |
| K JEANNIE BEAUCHAMP | DIRECTOR Trustee or director | 1 | $0 |
| ISAAC BENNETT | DIRECTOR Trustee or director | 0.5 | $0 |
| KAREN BOWLING | DIRECTOR Trustee or director | 1.5 | $0 |
| RANDAL D BOYD | DIRECTOR Trustee or director | 0.5 | $0 |
| DOUGLAS A BROWN | DIRECTOR Trustee or director | 1 | $0 |
| C DOUGLAS HANEY | DIRECTOR Trustee or director | 1 | $0 |
| JUDITH HERBERT | DIRECTOR Trustee or director | 0.5 | $0 |
| RENEE IACONA | DIRECTOR Trustee or director | 1 | $0 |
| DEBORAH INGRAM | DIRECTOR Trustee or director | 1 | $0 |
| EMILY C LOVE | DIRECTOR Trustee or director | 1.5 | $0 |
| MISTY MAYES | DIRECTOR Trustee or director | 1 | $0 |
| J PHENISE POOLE | DIRECTOR Trustee or director | 1 | $0 |
| RICHARD WARREN | DIRECTOR Trustee or director | 1 | $0 |
| DAVID WATSON | DIRECTOR Trustee or director | 0.5 | $0 |
| BRIAN WINBIGLER | DIRECTOR Trustee or director | 1 | $0 |
| DR YANCY FREEMAN | CHANCELLOR Trustee or director | 0.5 | $0 |
| DR LINDA MARTIN | CHANCELLOR Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 52 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KERRY W WITCHER | PRESIDENT & Trustee or director, Officer | 40 | $387,308 | $73,231 |
| WOODROW M HENDERSON | DEVELOPMENT Key employee | 40 | $351,942 | $66,454 |
| BRIAN BROYLES | DEVELOPMENT Key employee | 40 | $312,367 | $50,814 |
| DUANE WILES | DEVELOPMENT Key employee | 40 | $295,700 | $58,693 |
| BETHANY K GOOLSBY | DEVELOPMENT Key employee | 40 | $287,533 | $55,327 |
| JOSEPH SCOGIN | DEVELOPMENT Key employee | 40 | $286,084 | $53,936 |
| CHARLES DEAL | DEVELOPMENT Key employee | 40 | $274,036 | $50,057 |
| BRIGITTE GRANT | DEVELOPMENT Key employee | 40 | $248,210 | $57,111 |
| ANDREW THOMAS SHEEHY | DEVELOPMENT Key employee | 40 | $221,048 | $80,426 |
| MICHAEL O CARTER | DEVELOPMENT Key employee | 40 | $238,276 | $57,415 |
| ADAM HELLER | TREASURER & Officer | 40 | $239,015 | $55,112 |
| STATLER S REAGAN | DEVELOPMENT Key employee | 40 | $229,942 | $52,058 |
| JAMES F OBEAR | DEVELOPMENT Key employee | 40 | $217,173 | $55,912 |
| BRADY HART | DEVELOPMENT Key employee | 40 | $231,365 | $40,859 |
| STEPHEN H CATLETT | DEVELOPMENT Key employee | 40 | $223,174 | $36,312 |
| A ERICK WEBER | DEVELOPMENT Key employee | 40 | $187,568 | $53,580 |
| MICHAEL MCCAY | DEVELOPMENT Key employee | 40 | $172,842 | $67,324 |
| GREGORY R HARRIS | DEVELOPMENT Key employee | 40 | $178,489 | $49,196 |
| CHANDRA TUGGLE | DEVELOPMENT Key employee | 40 | $171,736 | $55,286 |
| JESSICA LAWRENCE | DEVELOPMENT Key employee | 40 | $178,205 | $39,733 |
| TIMOTHY P LANIER | DEVELOPMENT Key employee | 40 | $167,304 | $49,211 |
| ELIZABETH WEATHERLY | DEVELOPMENT Key employee | 40 | $184,108 | $21,221 |
| THOMAS BEECH | DEVELOPMENT Key employee | 40 | $167,534 | $33,528 |
| MICHELLE GELLER | DEVELOPMENT Key employee | 40 | $169,619 | $31,355 |
| PAUL CLARK | DEVELOPMENT Key employee | 40 | $169,577 | $31,266 |
| MATTHEW KOMMER | DEVELOPMENT Key employee | 40 | $155,568 | $45,223 |
| ANDREA PIERCY | DEVELOPMENT Key employee | 40 | $159,507 | $35,654 |
| WINFORD HUDSON | DEVELOPMENT Key employee | 40 | $151,100 | $33,018 |
| ELAINE EBERHART | DEVELOPMENT Highest-paid employee | 40 | $146,978 | $32,739 |
| MARK GELLER | DEVELOPMENT Highest-paid employee | 40 | $132,319 | $37,209 |
| RACHAEL R LEBLANC | SECRETARY Officer | 40 | $76,806 | $44,639 |
| RONALD E FRIESON | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ALAN WILSON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PHILIP A WENK | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LEE ANN ADAMS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| K JEANNIE BEAUCHAMP | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ISAAC BENNETT | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KAREN BOWLING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RANDAL D BOYD | DIRECTOR Trustee or director | 40 | $0 | $0 |
| DOUGLAS A BROWN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| C DOUGLAS HANEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JUDITH HERBERT | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RENEE IACONA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DEBORAH A INGRAM | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| EMILY C LOVE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SHANEA A MCKINNEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| J PHENISE POOLE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ARTHUR L SPARKS JR | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CHARLES A WAGNER III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD WARREN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DR YANCY FREEMAN | CHANCELLOR Trustee or director | 40 | $0 | $0 |
| DR PETER F BUCKLEY | CHANCELLOR Trustee or director | 40 | $0 | $0 |
990 for the year ended June 30, 2023: 49 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM R BRYANT JR | DEVELOPMENT Key employee | 40 | $469,175 | $108,840 |
| WOODROW M HENDERSON | DEVELOPMENT Key employee | 40 | $321,478 | $62,923 |
| KERRY W WITCHER | PRESIDENT & Trustee or director, Officer | 40 | $288,185 | $67,212 |
| DUANE WILES | DEVELOPMENT Key employee | 40 | $261,305 | $56,522 |
| BETHANY K GOOLSBY | DEVELOPMENT Key employee | 40 | $250,171 | $61,837 |
| KURT GULBRAND | DEVELOPMENT Key employee | 40 | $231,877 | $53,482 |
| ANDREW THOMAS SHEEHY | DEVELOPMENT Key employee | 40 | $197,085 | $76,756 |
| BRIAN D SHUPE | DEVELOPMENT Key employee | 40 | $191,366 | $73,366 |
| JAMES F OBEAR | DEVELOPMENT Key employee | 40 | $202,245 | $53,202 |
| STEPHEN H CATLETT | DEVELOPMENT Key employee | 40 | $217,275 | $35,075 |
| MICHAEL O CARTER | DEVELOPMENT Key employee | 40 | $196,045 | $55,254 |
| CHARLES DEAL | DEVELOPMENT Key employee | 40 | $196,688 | $53,073 |
| STATLER S REAGAN | DEVELOPMENT Key employee | 40 | $196,569 | $53,036 |
| BRIAN BROYLES | DEVELOPMENT Key employee | 40 | $189,822 | $51,739 |
| ADAM HELLER | TREASURER & Officer | 40 | $188,348 | $51,510 |
| BRADY HART | DEVELOPMENT Key employee | 40 | $194,389 | $39,453 |
| BENJAMIN WEST | DEVELOPMENT Key employee | 40 | $173,418 | $41,373 |
| A ERICK WEBER | DEVELOPMENT Key employee | 40 | $164,408 | $47,828 |
| MICHAEL MCCAY | DEVELOPMENT Highest-paid employee | 40 | $140,925 | $64,113 |
| GREGORY R HARRIS | DEVELOPMENT Key employee | 40 | $154,267 | $47,478 |
| CHANDRA TUGGLE | DEVELOPMENT Highest-paid employee | 40 | $145,131 | $51,899 |
| TIMOTHY P LANIER | DEVELOPMENT Highest-paid employee | 40 | $146,536 | $49,467 |
| MATTHEW KOMMER | DEVELOPMENT Highest-paid employee | 40 | $141,655 | $42,964 |
| ELIZABETH WEATHERLY | DEVELOPMENT Key employee | 40 | $155,273 | $20,754 |
| PAUL CLARK | DEVELOPMENT Highest-paid employee | 40 | $141,094 | $30,830 |
| RACHAEL R LEBLANC | SECRETARY Officer | 40 | $69,731 | $42,012 |
| RONALD E FRIESON | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| ALAN WILSON | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| PHILIP A WENK | PAST CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| HANS N AIREE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| STEVEN ANGLE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| K JEANNIE BEAUCHAMP | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ISAAC BENNETT | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CHRISTOPHER B BOLLINGER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KAREN BOWLING | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RANDAL D BOYD | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PETER BUCKLEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| PHILLIP A CLENDENIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KIMBERLY W CROSS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ROBERT F DECOSIMO | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| C DOUGLAS HANEY | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JUDITH HERBERT | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RENEE IACONA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DEBBIE INGRAM | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KATHY W LEDBETTER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| EMILY C LOVE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| CHARLES A WAGNER III | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| RICHARD WARREN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JAMIE WOODSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1525 UNIVERSITY AVENUE ROOM 223, KNOXVILLE, TN 37921-4848
- Principal officer (990 for 2024)
- ADAM HELLER, 1525 UNIVERSITY AVENUE, ROOM 223, KNOXVILLE, TN 379214848
- Signed the 990
- ADAM HELLER, TREASURER & CFO
- Phone
- (865) 974-8926
- Website
- WWW.UTFI.ORG
- Return prepared by
- BROWN JAKE & MCDANIEL PC
Mission
THE FOUNDATION ENRICHES THE LIVES OF THE STUDENTS, FACULTY, STAFF, ALUMNI AND FRIENDS OF THE UNIVERSITY OF TENNESSEE THROUGH ALUMNI ENGAGEMENT, FINANCIAL STEWARDSHIP AND PRIVATE GIFT SUPPORT.
Program accomplishments
- TO COMPLY WITH DONOR STIPULATIONS, EARNINGS FROM INVESTED ENDOWMENT FUNDS WERE TRANSFERRED TO THE UNIVERSITY OF TENNESSEE. THE EARNINGS WILL BE USED FOR SCHOLARSHIPS, FELLOWSHIPS, LIBRARIES, RESEARCH, AND OTHER ACADEMIC RELATED PURPOSES. ALSO, AMOUNTS FUNDED BY RESTRICTED GIFTS FROM DONORS WERE PAID TO THE UNIVERSITY TO COVER THE COSTS OF CONSTRUCTION, RENOVATIONS AND VARIOUS OTHER PROJECTS.Expenses $176,743,567 · grants $134,759,795
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 62-1844686
- 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
- 2001
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B11)
- Assets (IRS master file)
- $1,256,434,835
- Income (IRS master file)
- $344,836,967
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $344,836,967 | $228,700,925 | $1,256,434,835 | IRS |
| 990 | June 2024 | $315,326,525 | $199,164,553 | $1,011,600,489 | IRS |
| 990 | June 2023 | $211,789,117 | $159,866,782 | $879,180,812 | XML |
| 990 | June 2022 | $225,358,367 | $143,285,529 | $780,706,685 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 62-1844686).
Questions about THE UNIVERSITY OF TENNESSEE FOUNDAT ION INC
- What is the EIN of THE UNIVERSITY OF TENNESSEE FOUNDAT ION INC?
- The employer identification number (EIN) of THE UNIVERSITY OF TENNESSEE FOUNDAT ION INC is 62-1844686.
- Is THE UNIVERSITY OF TENNESSEE FOUNDAT ION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to THE UNIVERSITY OF TENNESSEE FOUNDAT ION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE UNIVERSITY OF TENNESSEE FOUNDAT ION 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 THE UNIVERSITY OF TENNESSEE FOUNDAT ION 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 THE UNIVERSITY OF TENNESSEE FOUNDAT ION 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 THE UNIVERSITY OF TENNESSEE FOUNDAT ION INC?
- The 990 for the year ended June 30, 2025 names ADAM HELLER.
- Who are the officers and directors of THE UNIVERSITY OF TENNESSEE FOUNDAT ION INC?
- The 990 for the year ended June 30, 2025 lists 34 people; 14 received compensation from the organization, the highest $477,564 (BRIAN BROYLES, DEVELOPMENT).
- How much revenue does THE UNIVERSITY OF TENNESSEE FOUNDAT ION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $344,836,967, expenses of $228,700,925 and total assets of $1,256,434,835 at year end.
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