University of Nevada Reno Foundation
University of Nevada Reno Foundation reported $101.8 million in revenue and $63.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.69 went to program services, $13.82 to management and general costs and $3.49 to fundraising. Its largest source of revenue was contributions and grants: 78.3% of the total. The highest compensation it reported for one person was $654,370 (President, UNR). Revenue rose 35% between FY2021 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $63MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $102MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 13.8% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.5% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 78.3% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.5% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $654,370 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.03% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 111.2 | 13.3 |
| Independent voting board members Part VI 1a–1b | 37 of 37 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseUniversity Programs: The University of Nevada Reno Foundation receives, manages & disburses funds in accordance with the designated restricted purpose for which the gifts were donated. Provides programmatic funding supporting students, faculty, research & the community in the area funds were raised for. There were 1,256 endowed funds in FY25
Capital Projects: Assist in funding construction projects on campus. Some of the major projects include the College of Business building, Eric & Linda Lannes Basketball facility, Gateway Academic Building, Pennington Health Sciences Building, and the University of Arts Building
University Scholarships: Scholarship funding was used for both need and merit based scholarships. More than 3,781 donor-funded scholarships were awarded in FY25
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President, UNR Officer, 2.00 hrs/week | $0 | $514,911 | $139,459 | $654,370 |
| Executive Director (Until 3/2025) Officer, 25.00 hrs/week | $0 | $287,121 | $67,407 | $354,528 |
| Corporate Secretary (Until 9/2024) Officer, 30.00 hrs/week | $0 | $243,837 | $50,386 | $294,223 |
| Treasurer Officer, 30.00 hrs/week | $0 | $156,472 | $79,596 | $236,068 |
0 people received more than $100,000 in reportable compensation from University of Nevada Reno Foundation (Part VII, line 2).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b37 · 37 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aNo
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 50
- Volunteers Part I, line 6370
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Cambridge Associates LLC Investment Management Services | $528,819 |
| Eide Bailly LLP Consulting Management Services | $100,928 |
| Neumeier Poma Investment Counsel LLC Financial Planning and Investment Manage | $100,607 |
Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.
Private foundation grants it received
35 private foundations reported grants to University of Nevada Reno Foundation totaling $4.0M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from University of Nevada Reno Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for University of Nevada Reno Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 University of Nevada Reno Foundation spent in FY2025, $82.69 went to programs. The full breakdown, from its IRS Form 990:
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- Albion CollegeAlbion, MI · revenue $101M · programs 89.0% · FY2025
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Questions people ask
How much of University of Nevada Reno Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, University of Nevada Reno Foundation reported that 82.7% of its $63.4 million in expenses went to program services, 13.8% to management and general and 3.5% to fundraising (Form 990, Part IX).
How much does University of Nevada Reno Foundation pay its top executive?
The largest total compensation University of Nevada Reno Foundation reported for one person in the fiscal year ending June 30, 2025 was $654,370, for the role of President, UNR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does University of Nevada Reno Foundation get its money?
Of $101.8 million in revenue in the fiscal year ending June 30, 2025, 78.3% came from contributions and grants and 0.5% from program service revenue (Form 990, Part VIII).
Is University of Nevada Reno Foundation a registered charity?
The IRS lists EIN 94-2781749 as a 501(c)(3) organization (organization operated for a governmental college or university), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611539349301761 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501359349304520 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023 (amended), object 202501359349304245 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349311232 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211369349302501 · read the filing
All filings for EIN 94-2781749: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.