National University Foundation is a 501(c)(3) organization based in San Diego, California, registered in 2007, with $112,680 in FY2023 revenue. CharityIndex grades it A+, and it directs about 96% of spending to programs.
Revenue (FY2023)
$113K
▼ 99.9% vs prior year
Education median: $200K
Expenses (FY2023)
$0
Net assets
$113K
Employees
0
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For National University Foundation: 96% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. Not scored for National University Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For National University Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For National University Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Creating and nurturing a culture of giving and philanthropy that extends to our staff, faculty, students, graduates, and community partners. a culture of shared values and collective impact, where every community member and every contribution strengthens our educational mission and builds a legacy of compassion and innovation. in august 2023 system management group changed its name to national university foundation (nuf) with fundraising activity commencing in 2024.
In august 2023 system management group changed its name to national university foundation (nuf) with activity commencing in 2024 to conduct charitable fundraising or other activities associated for the support of organizations in the nus system, and to manage philanthropic assets.
Revenue declined from $1.9M (FY2013) to $113K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
100.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$113K
Total liabilities
$0
Net assets
$113K
Salaries & benefits
$0
Board members
5
3 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $112,680▼99.9% | $0▼100% | $112,680 | $112,680 | 990 |
| 2022 | $103,787,723▼18.3% | $115,229,132▼18.6% | $0▲100% | $0▼100% | 990 |
| 2021 | $126,957,610▲85.1% | $141,616,792▲94.0% | -$66,202,507▼1531% | $124,033,654▼29.0% | 990 |
| 2020 | $68,599,184▲88.5% | $73,001,029▲4.4% | -$4,058,300▼187% | $174,665,064▼6.1% | 990 |
| 2019 | $36,398,383▼20.3% | $69,939,985▼19.0% | $4,678,767▼84.4% | $185,989,054▼13.4% | 990 |
| 2018 | $45,695,039▼72.7% | $86,390,397▲73.7% | $30,079,713▼79.2% | $214,825,769▲41.0% | 990 |
| 2017 | $167,647,296▲479% | $49,736,475▲1593% | $144,609,930▲456% | $152,400,992▲486% | 990 |
| 2016 | $28,937,691▲2206% | $2,937,691▲134% | $26,000,000 | $26,015,967▲162836% | 990 |
| 2015 | $1,254,755▲120% | $1,254,755▲120% | $0 | $15,967 | 990 |
| 2014 | $569,334▼69.8% | $569,334▼71.7% | $0 | $15,967▼2.2% | 990 |
| 2013 | $1,886,958 | $2,011,705▼43.8% | $0▼100% | $16,323▼86.9% | 990 |
| 2012 | — | $3,578,987▲4.6% | $124,747▲2601% | $124,807▲2603% | 990 |
| 2011 | — | $3,423,105▲7.4% | $4,618▼7.6% | $4,618▼7.6% | 990 |
| 2010 | — | $3,186,199▼14.5% | $5,000 | $5,000 | 990 |
| 2009 | — | $3,727,355 | $5,000 | $5,000 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dave C Lawrence | Cfo (thru 4/24) | 3 | — |
| Dr Mark Milliron | President and Ceo | 3 | — |
| Jeanne Connelly | Chair (as of 10/23) | 1 | — |
| Karen Whitney | Cfo (as of 5/24) | 3 | — |
| Michelle Bello | Assistant Secretary | 3 | — |
| Nancy Rohland | Executive Director | 3 | — |
| Richard Chisholm | Treasurer (as of 10/23) | 1 | — |
| Thomas Topuzes | Secretary (as of 10/23) | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Google LLC | Advertising | $6,037,954 |
| Mckinsey & Company Inc | Consulting | $3,437,499 |
| Eddy Acquisitions LLC | Consulting | $2,441,945 |
| Cdw Government Inc | Technology Services | $2,148,169 |
| Cognizant Technology Solutions | Technology Services | $2,061,983 |
6 grants to National University Foundation totaling $68.3M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ayco Charitable Foundation | Education | 2024 | $10,000 |
| National University | General operating | 2023 | $112,680 |
| National University | General operating | 2022 | $21,012,495 |
| National University | Operations | 2021 | $28,547,033 |
| National University | Operations | 2020 | $15,967,493 |
| National University | Operations | 2019 | $2,638,351 |
2 grants totaling $325K in FY2022. All grants made by National University Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Long Island University | General support | $250,000 |
| Alliance For Excellent Education Inc | General support | $75,000 |
Explore more
Data for National University Foundation (EIN 20-1269904) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.