UNIVERSITY OF MASSACHUSETTS AMHERST FOUNDATION INC

EIN: 542084125 501(c)(3) Education

AMHERST, MA

Total Revenue
$37,798,517
Total Expenses
$37,812,728
Total Assets
$10,172,201
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
MA
Principal Officer
ARWEN DUFFY
Phone
8004568627
Tax Period
2024-07-01 to 2025-06-30

UNIVERSITY OF MASSACHUSETTS AMHERST FOUNDATION INC, founded in 2002, is a mid-sized nonprofit in the Education sector that reported $37.8M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

THE UMASS AMHERST FOUNDATION SUPPORTS AND PROMOTES UMASS AMHERST'S EDUCATIONAL, RESEARCH, AND OUTREACH MISSIONS BY BUILDING AND STRENGTHENING RELATIONSHIPS WITH THE UNIVERSITY'S ALUMNI, DONORS, AND FRIENDS. THROUGH THE POWER OF PHILANTHROPY AND BROAD ENGAGEMENT, THE UMASS AMHERST FOUNDATION HELPS THE UNIVERSITY ADVANCE ITS COMMITMENT TO SERVING THE COMMON GOOD.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,302,843
Program Service Revenue $25,087,721
Investment Income $-5,749
Other Revenue $-586,298
TOTAL REVENUE $37,798,517

Expense Breakdown

Grants Paid $12,191,583
Salaries & Benefits $20,016,660
Fundraising Expenses $13,656,128
Program Expenses $15,452,192
Other Expenses $5,430,505
TOTAL EXPENSES $37,812,728

Year-over-Year Comparison

2024 2023 Change
Revenue $37,798,517 $31,855,835 +0.2%
Expenses $37,812,728 $31,851,065 +0.2%
Net Income $-14,211 $4,770 -4.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
38
Independent Members
34
Employees
156
Volunteers
1200

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
7
$744,358
Total Directors
39
$2,257,065
Key Employees
5
$1,512,265
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS F ACKERMAN DIRECTOR 2.00
Director
$0 $0 $0
CAREN P ARNSTEIN DIRECTOR 2.00
Director
$0 $0 $0
DOUGLAS A BERTHIAUME DIRECTOR 2.00
Director
$0 $0 $0
JAMES R BUONOMO DIRECTOR; VICE CHAIR AS OF 2/7/25 2.00
Officer Director
$0 $0 $0
MICHELLE A CARDINAL DIRECTOR 2.00
Director
$0 $0 $0
PAUL J CARNEY DIRECTOR 2.00
Director
$0 $0 $0
MADHURA V CHACKO DIRECTOR 2.00
Director
$0 $0 $0
CHRISTOPHER F COLEMAN DIRECTOR 2.00
Director
$0 $0 $0
DENISE M COLL VICE CHAIR THRU 1/1/25 THEN CHAIR 2.00
Officer Director
$0 $0 $0
ROBERT L EPSTEIN DIRECTOR 2.00
Director
$0 $0 $0
DANIEL E FEDER DIRECTOR 2.00
Director
$0 $0 $0
ROBERT S FELDMAN DIRECTOR 2.00
Director
$0 $0 $0
DAVID G FUBINI DIRECTOR 2.00
Director
$0 $0 $0
BENJAMIN J GALLACHER DIRECTOR 2.00
Director
$0 $0 $0
HAOHAO GUO DIRECTOR 2.00
Director
$0 $0 $0
GEORGE K HERTZ DIRECTOR 2.00
Director
$0 $0 $0
KAREN M PETERS DIRECTOR 2.00
Director
$0 $0 $0
ELIZABETH A HUSTED DIRECTOR 2.00
Director
$0 $0 $0
PAMELA M JACOBS DIRECTOR 2.00
Director
$0 $0 $0
CHRISTOPHER LITSTER DIRECTOR 2.00
Director
$0 $0 $0
PAUL MANGANARO DIRECTOR 2.00
Director
$0 $0 $0
NICHOLAS C MARKEY DIRECTOR 2.00
Director
$0 $0 $0
JAMES S PALERMO DIRECTOR 2.00
Director
$0 $0 $0
NANCY J ROSEN DIRECTOR 2.00
Director
$0 $0 $0
CHARLES H SHERWOOD DIRECTOR 2.00
Director
$0 $0 $0
JOHN N SPINNEY DIRECTOR 2.00
Director
$0 $0 $0
PETER G TROVATO DIRECTOR 2.00
Director
$0 $0 $0
PATRICK J VEALE DIRECTOR (END 6/20/25) 2.00
Director
$0 $0 $0
MICHAEL J WEIR DIRECTOR 2.00
Director
$0 $0 $0
JAMES R JULIAN EX-OFFICIO DIRECTOR 1.00
Director
$0 $0 $0
ANDREW P MANGELS EX-OFFICIO DIRECTOR 1.00
Director
$0 $78,122 $444,924
PATRICIA A PARCELLIN CHAIR THRU 1/1/25 THEN DIRECTOR 2.00
Officer Director
$0 $0 $0
SHAUN P FITZGERALD DIRECTOR 2.00
Director
$0 $0 $0
CHRISTINE G SAVAGE SECRETARY/CLERK 2.00
Officer Director
$0 $0 $0
MATTHEW O LITTLEFIELD TREASURER 2.00
Officer Director
$0 $0 $0
JAMES G HUNT DIRECTOR 2.00
Director
$0 $0 $0
JOHN F KENNEDY EX-OFFICIO DIRECTOR 1.00
Director
$0 $157,517 $550,586
JAVIER A REYES EX-OFFICIO DIRECTOR 1.00
Director
$0 $209,962 $909,268
FOUAD ABD-EL-KHALICK EX-OFFICIO DIRECTOR 1.00
Director
$0 $76,369 $352,287
ARWEN S DUFFY PRESIDENT 40.00
Officer
$489,058 $82,048 $571,106
SEVERINE BELTRAMO ASST VP, FINANCE & ADMIN 40.00
Officer
$158,831 $14,421 $173,252
KIMBERLY DUMPSON VICE PRESIDENT, ADVANCEMENT 40.00
Key Emp
$308,799 $71,528 $380,327
MATTHEW CARLYON VICE PRESIDENT, DEVELOPMENT 40.00
Key Emp
$295,525 $53,926 $349,451
DAVID BIANCAMANO ASSISTANT V.P., DEVELOPMENT 40.00
Key Emp
$225,608 $48,317 $273,925
BANDITH VORASANE ASSOCIATE V.P. MARKETING & COMMUNICATIONS 40.00
Key Emp
$206,663 $29,806 $236,469
MOHAMMED DASSER VICE PRESIDENT, ADVANCEMENT SERVICES 40.00
Key Emp
$228,593 $43,500 $272,093
KRISTINE ELISON SR. EXEC. DIR., DEVELOPMENT (ISENBERG SCHOOL OF MA 40.00
Highest
$193,853 $41,475 $235,328
CAROLYN CROWLEY ASSISTANT V.P., PEOPLE & CULTURE 40.00
Highest
$192,117 $44,259 $236,376
DIANE BARSTOW SR. EXEC. DIR., DEVELOPMENT (COLLEGE OF NATURAL SC 40.00
Highest
$187,831 $20,772 $208,603
DAVID GRAFFUM ASSOCIATE V.P., INFO SYSTEM & CIO 40.00
Highest
$179,914 $35,047 $214,961
NATHAN ADAMS ASSISTANT V.P., ADVANCEMENT 40.00
Highest
$176,582 $42,934 $219,516
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 $37,798,517 $37,812,728 $10,172,201 $-14,211
2024 No data No data No data No data
2023 $7,608,755 $7,608,755 $2,374,448 No data
2023 No data No data No data No data
2022 $4,647,084 $4,647,084 $444,765 No data
2021 $4,421,917 $4,421,917 $629,951 No data
2020 $5,155,661 $5,155,661 $464,297 No data
2019 $5,019,301 $5,019,301 $419,078 No data
2018 $3,700,566 $3,700,566 $321,285 No data
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