University of Northern Colorado Foundation

The University of Northern Colorado Foundation is a 501(c)(3) nonprofit organization established in 1966 to provide financial support and stewardship for the University of Northern Colorado (UNC). It operates under the category of Educational Institutions and Related Activities, with a specific focus on Single Organization Support, as classified by the National Taxonomy of Exempt Entities (NTEE).

Mission and Purpose

The foundation's mission is to steward donations and provide support to UNC, including scholarships and program support. This involves managing over 1,000 funds to effectively align with the university's teaching, research, and outreach priorities.

Financial Overview

The foundation generates revenue primarily from contributions, investment income, and sales of assets. Donations to the foundation are tax-deductible, making it an attractive option for philanthropic contributions to education. In previous financial years, the organization has reported significant assets and liabilities, reflecting its ongoing financial activities and commitment to supporting UNC's initiatives.

Governance and Leadership

The University of Northern Colorado Foundation is governed by a board of directors composed of experienced professionals from various backgrounds, including finance, healthcare, and education. The board adheres to best practices in governance, ensuring accountability, transparency, and diversity.

Operations and Support

The foundation collaborates with University Advancement to administer donations, manage investments, and provide accounting services for philanthropic contributions to UNC. This partnership ensures that support is effectively channeled towards the university's programs and priorities, fostering a strong educational environment.