THE UNIVERSITY OF TENNESSEE FOUNDATION INC

EIN: 621844686 501(c)(3) Education

KNOXVILLE, TN

Total Revenue
$211,789,117
Total Expenses
$159,866,782
Total Assets
$879,180,812
Net Assets
$811,493,812
🔒

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
2001
Legal Domicile
TN
Principal Officer
KERRY W WITCHER
Phone
8659748926
Tax Period
2022-07-01 to 2023-06-30

THE UNIVERSITY OF TENNESSEE FOUNDATION INC, founded in 2001, is a major nonprofit in the Education sector that reported $211.8M in total revenue in fiscal year 2022. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $51.9M, a strong 25% operating margin.

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 Service Accomplishments

Program 1
Expenses: $112,268,331

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...

Read more

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.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $149,486,966
Program Service Revenue $0
Investment Income $29,563,424
Other Revenue $32,738,727
TOTAL REVENUE $211,789,117

Expense Breakdown

Grants Paid $76,670,452
Salaries & Benefits $39,224,352
Fundraising Expenses $51,579
Program Expenses $112,268,331
Other Expenses $43,920,399
TOTAL EXPENSES $159,866,782

Year-over-Year Comparison

2022 2021 Change
Revenue $211,789,117 $225,358,367 -0.1%
Expenses $159,866,782 $143,285,529 +0.1%
Net Income $51,922,335 $82,072,838 -0.4%
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
24
Independent Members
23
Employees
256
Volunteers
2700

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
$706,998
Total Directors
24
$355,397
Key Employees
18
$4,954,847
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD E FRIESON CHAIR 0.50
Officer Director
$0 $0 $0
ALAN WILSON VICE CHAIR 0.50
Officer Director
$0 $0 $0
PHILIP A WENK PAST CHAIR 0.50
Officer Director
$0 $0 $0
HANS N AIREE DIRECTOR 0.50
Director
$0 $0 $0
STEVEN ANGLE DIRECTOR 0.50
Director
$0 $0 $0
K JEANNIE BEAUCHAMP DIRECTOR 0.50
Director
$0 $0 $0
ISAAC BENNETT DIRECTOR 0.50
Director
$0 $0 $0
CHRISTOPHER B BOLLINGER DIRECTOR 0.50
Director
$0 $0 $0
KAREN BOWLING DIRECTOR 0.50
Director
$0 $0 $0
RANDAL D BOYD DIRECTOR 0.50
Director
$0 $0 $0
PETER BUCKLEY DIRECTOR 0.50
Director
$0 $0 $0
PHILLIP A CLENDENIN DIRECTOR 0.50
Director
$0 $0 $0
KIMBERLY W CROSS DIRECTOR 0.50
Director
$0 $0 $0
ROBERT F DECOSIMO DIRECTOR 0.50
Director
$0 $0 $0
C DOUGLAS HANEY DIRECTOR 0.50
Director
$0 $0 $0
JUDITH HERBERT DIRECTOR 0.50
Director
$0 $0 $0
RENEE IACONA DIRECTOR 0.50
Director
$0 $0 $0
DEBBIE INGRAM DIRECTOR 0.50
Director
$0 $0 $0
KATHY W LEDBETTER DIRECTOR 0.50
Director
$0 $0 $0
EMILY C LOVE DIRECTOR 0.50
Director
$0 $0 $0
CHARLES A WAGNER III DIRECTOR 0.50
Director
$0 $0 $0
RICHARD WARREN DIRECTOR 0.50
Director
$0 $0 $0
JAMIE WOODSON DIRECTOR 0.50
Director
$0 $0 $0
KERRY W WITCHER PRESIDENT & 40.00
Officer Director
$288,185 $67,212 $355,397
ADAM HELLER TREASURER & 40.00
Officer
$188,348 $51,510 $239,858
RACHAEL R LEBLANC SECRETARY 40.00
Officer
$69,731 $42,012 $111,743
WILLIAM R BRYANT JR DEVELOPMENT 40.00
Key Emp
$469,175 $108,840 $578,015
WOODROW M HENDERSON DEVELOPMENT 40.00
Key Emp
$321,478 $62,923 $384,401
DUANE WILES DEVELOPMENT 40.00
Key Emp
$261,305 $56,522 $317,827
BETHANY K GOOLSBY DEVELOPMENT 40.00
Key Emp
$250,171 $61,837 $312,008
CHARLES DEAL DEVELOPMENT 40.00
Key Emp
$196,688 $53,073 $249,761
BRADY HART DEVELOPMENT 40.00
Key Emp
$194,389 $39,453 $233,842
STEPHEN H CATLETT DEVELOPMENT 40.00
Key Emp
$217,275 $35,075 $252,350
BRIAN BROYLES DEVELOPMENT 40.00
Key Emp
$189,822 $51,739 $241,561
MICHAEL O CARTER DEVELOPMENT 40.00
Key Emp
$196,045 $55,254 $251,299
JAMES F OBEAR DEVELOPMENT 40.00
Key Emp
$202,245 $53,202 $255,447
ANDREW THOMAS SHEEHY DEVELOPMENT 40.00
Key Emp
$197,085 $76,756 $273,841
STATLER S REAGAN DEVELOPMENT 40.00
Key Emp
$196,569 $53,036 $249,605
BRIAN D SHUPE DEVELOPMENT 40.00
Key Emp
$191,366 $73,366 $264,732
BENJAMIN WEST DEVELOPMENT 40.00
Key Emp
$173,418 $41,373 $214,791
ELIZABETH WEATHERLY DEVELOPMENT 40.00
Key Emp
$155,273 $20,754 $176,027
A ERICK WEBER DEVELOPMENT 40.00
Key Emp
$164,408 $47,828 $212,236
GREGORY R HARRIS DEVELOPMENT 40.00
Key Emp
$154,267 $47,478 $201,745
KURT GULBRAND DEVELOPMENT 40.00
Key Emp
$231,877 $53,482 $285,359
TIMOTHY P LANIER DEVELOPMENT 40.00
Highest
$146,536 $49,467 $196,003
CHANDRA TUGGLE DEVELOPMENT 40.00
Highest
$145,131 $51,899 $197,030
MATTHEW KOMMER DEVELOPMENT 40.00
Highest
$141,655 $42,964 $184,619
MICHAEL MCCAY DEVELOPMENT 40.00
Highest
$140,925 $64,113 $205,038
PAUL CLARK DEVELOPMENT 40.00
Highest
$141,094 $30,830 $171,924
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 No data No data No data No data
2024 No data No data No data No data
2023 $211,789,117 $159,866,782 $879,180,812 $51,922,335
2022 $225,358,367 $143,285,529 $780,706,685 $82,072,838
2021 $198,804,674 $80,401,714 $742,610,209 $118,402,960
2020 $149,384,875 $109,857,010 $543,211,268 $39,527,865
2019 $173,524,723 $101,299,119 $525,499,436 $72,225,604
2018 $161,994,409 $105,003,570 $455,195,739 $56,990,839
Explore More Nonprofits
→Top 100 Nonprofits in Tennessee →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE UNIVERSITY OF TENNESSEE FOUNDATION INC with other nonprofits in Tennessee and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.