Skip to main content

Nonprofit · EIN 63-0803491

THE UNIVERSITY FOUNDATION

Tax-exempt · TUSCALOOSA, AL 35401

Financials

$410K$708K2022$416K$486K2023$466K$459K2024
Revenue Expenses · by fiscal year end
Financials of THE UNIVERSITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$465,721$459,369$6,352$1,630,459$26,162$1,604,297
September 30, 2024990$415,524$486,294-$70,770$1,521,687$24,485$1,497,202
September 30, 2023990$410,058$708,172-$298,114$1,425,703$65,026$1,360,677
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$433,700
Program service revenue
$0
Investment income
$32,021
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$21,650
Travel
$73,486
Program services (functional)
$352,218
Management and general (functional)
$107,151

Balance sheet and other

Total assets, start of year
$1,521,687
Total assets, end of year
$1,630,459
Total liabilities, end of year
$26,162
Net assets, end of year
$1,604,297
Net assets without donor restrictions
$1,604,297
Gross receipts
$465,721
Employees
0
Volunteers
2
Year formed
1980
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SID J TRANTPRESIDENT/DIRECTOR
Trustee or director, Officer
1$0$809,255$91,451
FINIS E ST JOHN IVFORMER PRESIDENT/DIRECTOR
Former
0$0$528,964$51,632
MARK D FOLEYSECRETARY/DIRECTOR
Trustee or director, Officer
1$0$256,547$68,693
SCOTT PHELPSCHAIRMAN/VICE PRESIDENT
Trustee or director, Officer
1$0$0$0
RON GRAYVICE CHAIRMAN/TREASURER
Trustee or director, Officer
1$0$0$0
990 for the year ended September 30, 2024: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
FINIS E ST JOHN IVFORMER PRESIDENT/DIRECTOR
Former
0$0$1,119,003$129,057
SID J TRANTPRESIDENT/DIRECTOR
Trustee or director, Officer
1$0$618,949$77,735
MARK D FOLEYSECRETARY/DIRECTOR
Trustee or director, Officer
1$0$228,071$62,846
SCOTT PHELPSCHAIRMAN/VICE PRESIDENT
Trustee or director, Officer
1$0$0$0
RON GRAYVICE CHAIRMAN/TREASURER
Trustee or director, Officer
1$0$0$0
990 for the year ended September 30, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
FINIS E ST JOHN IVPRESIDENT/DIRECTOR
Trustee or director, Officer
1$0$1,180,431$137,243
SID J TRANTFORMER SECRETARY/DIRECTOR
Former
0$0$591,172$74,620
MARK D FOLEYSECRETARY/DIRECTOR
Trustee or director, Officer
1$0$200,508$58,062
W STANCIL STARNESTREASURER/DIR (UNTIL 09/23)
Trustee or director, Officer
1$0$0$0
SCOTT PHELPSVICE CHAIRMAN/DIRECTOR
Trustee or director
1$0$0$0
RON GRAYDIRECTOR (AS OF 09/23)
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
500 UNIVERSITY BLVD E, TUSCALOOSA, AL 35401-2181
In care of
% STAN ACKER
Principal officer (990 for 2024)
SID J TRANT, 500 UNIVERSITY BOULEVARD EAST, TUSCALOOSA, AL 35401
Signed the 990
MARK FOLEY, SECRETARY
Phone
(205) 348-7879
Return prepared by
PWC US TAX LLP

Mission

THE UNIVERSITY FOUNDATION IS ORGANIZED TO ASSIST AND AID THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ALABAMA IN FULFILLING ITS EDUCATIONAL, RESEARCH, AND PUBLIC SERVICE PROGRAMS AND ACTIVITIES.

990 for the year ended September 30, 2025

Program accomplishments

  • EXPENSES INCURRED BY BOARD MEMBERS, SENIOR STAFF OR OTHER SYSTEM OFFICE OR CAMPUS STAFF, AND SUPPORTERS OF THE UA SYSTEM FOR ACTIVITIES THAT ARE OFFICIAL OR CEREMONIAL FUNCTIONS OF THE UNIVERSITY SYSTEM.
    Expenses $352,218

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 yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
63-0803491
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
1982
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,630,459
Income (IRS master file)
$465,721

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$465,721$459,369$1,630,459XML
990September 2024$415,524$486,294$1,521,687XML
990September 2023$410,058$708,172$1,425,703XML
990September 2022$396,189$417,412$1,569,214IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 63-0803491).

Questions about THE UNIVERSITY FOUNDATION

What is the EIN of THE UNIVERSITY FOUNDATION?
The employer identification number (EIN) of THE UNIVERSITY FOUNDATION is 63-0803491.
Is THE UNIVERSITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to THE UNIVERSITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE UNIVERSITY 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 THE UNIVERSITY 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 THE UNIVERSITY 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 THE UNIVERSITY FOUNDATION?
The 990 for the year ended September 30, 2025 names SID J TRANT.
Who are the officers and directors of THE UNIVERSITY FOUNDATION?
The 990 for the year ended September 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does THE UNIVERSITY FOUNDATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $465,721, expenses of $459,369 and total assets of $1,630,459 at year end.

Other nonprofits in TUSCALOOSA

All nonprofits in TUSCALOOSA · Alabama