THE UNIVERSITY OF CONNECTICUT FOUNDATION INC

EIN: 066070722 501(c)(3) Education

STORRS, CT

Total Revenue
$139,327,144
Total Expenses
$113,506,278
Total Assets
$951,473,069
Net Assets
$880,733,311
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
CT
Principal Officer
AMY YANCEY
Phone
8604865000
Tax Period
2024-07-01 to 2025-06-30

THE UNIVERSITY OF CONNECTICUT FOUNDATION INC, founded in 1964, is a major nonprofit in the Education sector that reported $139.3M in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $25.8M, a strong 19% operating margin.

Mission

ORGANIZATION MISSION OR SIGNIFICANT ACTIVITIES TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, ALL FOR THE PUBLIC WELFARE, AND TO THIS END TO PROMOTE, ENCOURAGE AND ASSIST ALL FORMS OF EDUCATION, HEALTHCARE AND RESEARCH AT THE UNIVERSITY OF CONNECTICUT, INCLUDING WITHOUT LIMITATION, THE UNIVERSITY OF CONNECTICUT HEALTH CENTER; TO SOLICIT DONATIONS OF, ACCEPT AND RECEIVE PROPERTIES, MONEYS OR SECURITIES BY VIRTUE OF GIFT, GRANT, BEQUEST, DEVISE OR OTHERWISE, AND TO HOLD, CONTROL, ADMINISTER, INVEST, REINVEST, ACCUMULATE, AND GENERALLY CARE FOR ANY AND ALL FUNDS AND PROPERTY, REAL AND PERSONAL, WHICH FROM TIME TO TIME MAY BE GIVEN, GRANTED, BEQUEATHED, DEVISED OR OTHERWISE CONVEYED OR MADE AVAILABLE TO THE CORPORATION EITHER UNCONDITIONALLY, UPON CONDITION OR IN TRUST FOR SPECIFIED PURPOSES WITHIN THE LIMITATIONS OF THIS CERTIFICATE OF INCORPORATION; AND TO DISBURSE SUCH FUNDS AND PROPERTY, OR THE INCOME THEREFROM, IN AIDING, SUPPLEMENTING, IMPROVING AND ENLARGING THE EDUCATIONAL, CULTURAL, RECREATIONAL, HEALTHCARE AND RESEARCH FACILITIES AND ACTIVITIES OF THE UNIVERSITY OF CONNECTICUT, INCLUDING WITHOUT LIMITATION, THE UNIVERSITY OF CONNECTICUT HEALTH CENTER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $60,841,282
Program Service Revenue $16,339,240
Investment Income $62,103,683
Other Revenue $42,939
TOTAL REVENUE $139,327,144

Expense Breakdown

Grants Paid $64,251,331
Salaries & Benefits $23,601,939
Fundraising Expenses $24,830,303
Program Expenses $64,251,331
Other Expenses $24,705,176
TOTAL EXPENSES $113,506,278

Year-over-Year Comparison

2024 2023 Change
Revenue $139,327,144 $97,529,610 +0.4%
Expenses $113,506,278 $94,918,627 +0.2%
Net Income $25,820,866 $2,610,983 +8.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
31
Independent Members
30
Employees
260
Volunteers
310

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$1,520,407
Total Directors
32
$705,404
Key Employees
1
$409,205
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHAN GREENBLATT - INTERIM CEO (THRU 03/24)/DIR (AS OF 10/24) 1.00
Director
$60,988 $4,806 $65,794
CRAIG ASHMORE DIRECTOR, CHAIR 1.00
Officer Director
$0 $0 $0
TRISHA BAILEY DIRECTOR (THRU 05/2025) 1.00
Director
$0 $0 $0
GEORGE BARRIOS DIRECTOR 1.00
Director
$0 $0 $0
MARK A BEAUDOIN DIRECTOR 1.00
Director
$0 $0 $0
ALAN R BENNETT DIRECTOR 1.00
Director
$0 $0 $0
LORI BIANCAMANO DIRECTOR 1.00
Director
$0 $0 $0
TONI BOUCHER DIRECTOR (AS OF 10/2024) 1.00
Director
$0 $0 $0
SUE A COLLINS DIRECTOR 1.00
Director
$0 $0 $0
ANGELO DEFAZIO DIRECTOR 1.00
Director
$0 $0 $0
CRAIG A DOUGLAS DIRECTOR 1.00
Director
$0 $0 $0
RICHARD ELDH DIRECTOR 1.00
Director
$0 $0 $0
AMY J ERRETT DIRECTOR, TREASURER 1.00
Officer Director
$0 $0 $0
JOHN FODOR SECRETARY 1.00
Officer Director
$0 $0 $0
DAVID H FORD DIRECTOR 1.00
Director
$0 $0 $0
STEVEN M GREENSPAN DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL G KOPPEL DIRECTOR 1.00
Director
$0 $0 $0
LORRAINE HRITCKO DIRECTOR (AS OF 10/2024) 1.00
Director
$0 $0 $0
SURESH NAIR DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH E PARSONS DIRECTOR 1.00
Director
$0 $0 $0
BARBARA POREMBA DIRECTOR 1.00
Director
$0 $0 $0
LORI RIISKA DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY RIZZA DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL K ROSEN DIRECTOR 1.00
Director
$0 $0 $0
LINDSAY SCHINE DIRECTOR 1.00
Director
$0 $0 $0
ROBERT SHERMAN DIRECTOR 1.00
Director
$0 $0 $0
PAULA SINGER DIRECTOR 1.00
Director
$0 $0 $0
CURTIS TEARTE DIRECTOR 1.00
Director
$0 $0 $0
MARK VERGNANO DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN WALSH DIRECTOR 1.00
Director
$0 $0 $0
JAMES F WHALEN JR DIRECTOR 1.00
Director
$0 $0 $0
AMY YANCEY PRESIDENT AND CEO 40.00
Officer Director
$588,651 $50,959 $639,610
DAVID CARNEY SVP FINANCE AND CFO 40.00
Officer
$398,470 $60,008 $458,478
LAURA PADRON SVP ADVANCEMENT SERVICES (THRU 7/24) 40.00
Officer
$387,860 $34,459 $422,319
MO COTTON KELLY CPO & SVP ALUMNI RELATIONS 40.00
Key Emp
$345,917 $63,288 $409,205
RACHEL MARSHALL VP SCHOOL AND PROGRAM GIVING 40.00
Highest
$217,603 $49,760 $267,363
MICHAEL VAN SAMBECK VP PRINCIPAL GIVING AND CAMPAIGN 40.00
Highest
$211,687 $18,954 $230,641
PETER LAMOTHE SVP HEALTH SCIENCES 40.00
Highest
$223,943 $51,948 $275,891
JENNIFER SARGENT SVP ADVANCEMENT SERVICES 40.00
Highest
$282,173 $27,167 $309,340
SUZANNE O' CONOR GENERAL COUNSEL 40.00
Highest
$317,260 $30,441 $347,701
MELISSA MAYNARD AVP FINANCE AND CONTROLLER 40.00
$184,417 $45,897 $230,314
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $139,327,144 $113,506,278 $951,473,069 $25,820,866
2024 $97,529,610 $94,918,627 $862,688,618 $2,610,983
2023 $134,559,275 $85,237,029 $791,405,326 $49,322,246
2022 $150,826,250 $72,182,679 $744,628,423 $78,643,571
2021 $151,971,854 $67,638,585 $769,852,497 $84,333,269
2020 $88,474,063 $53,108,247 $617,597,919 $35,365,816
2019 $68,228,207 $62,152,790 $597,750,214 $6,075,417
2018 $68,832,842 $53,795,786 $575,624,249 $15,037,056
Explore More Nonprofits
Top 100 Nonprofits in Connecticut Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE UNIVERSITY OF CONNECTICUT FOUNDATION INC with other nonprofits in Connecticut and across the country.