University Impact
97% goes to programs $0 to raise $100 Strong reserves Growing revenue
University Impact is a 501(c)(3) organization based in Provo, Utah, registered in 2018, with $185,438,567 in FY2024 revenue. CharityIndex grades it A, and it directs about 97% of spending to programs.
3507 N University Ave Ste 125, Provo, UT, 84604 EIN 82-1504018 Since 2018
Revenue (FY2024)
$185.4M
▲ 44.0% vs prior year
Education median: $200K
Expenses (FY2024)
$44.5M
Net assets
$383.0M
Employees
17
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating97% to programs · $0 to raise $100
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 University Impact: 97% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating103 mo reserves · +76% margin
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. For University Impact: 103 mo reserves · +76% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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 University Impact: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
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 University Impact: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
University impact (ui) was founded to build an ecosystem that can accelerate solving the world's social and environmental problems.
What they do
The corporation also acts as a fiscal sponsor for emerging charitable projects that have not yet received federal tax exemption.
University impact held a number of online training sessions and also helped perform due diligence.
Contact & location
- Address
- 3507 N University Ave Ste 125, Provo, UT, 84604
- City
- Provo
- State
- Utah
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $340K (FY2019) to $185.4M (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.7MNet assets $383.0M
Operating margin
76.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$384.7M
Total liabilities
$1.7M
Net assets
$383.0M
Salaries & benefits
$157K
0% of expenses
Board members
8
6 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $185,438,567▲44.0% | $44,502,994▲45.6% | $382,995,281▲67.4% | $384,665,872▲67.7% | 990 |
| 2023 | $128,799,720▲32.7% | $30,555,462▲68.9% | $228,769,304▲70.0% | $229,364,341▲69.3% | 990 |
| 2022 | $97,083,151▲21.9% | $18,086,386▲64.5% | $134,545,028▲106% | $135,449,105▲107% | 990 |
| 2021 | $79,609,321▲1386% | $10,994,755▲1176% | $65,320,060▲1339% | $65,367,631▲1249% | 990 |
| 2020 | $5,356,788▲1475% | $861,934▲142% | $4,539,425▲29521% | $4,846,516▲7233% | 990 |
| 2019 | $340,062 | $355,491 | -$15,429 | $66,094 | 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.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Aaron Miller | Board Chair | 0.5 | — |
| Chaitali Patel | Board Member | 0.5 | — |
| Daniel Blake | Executive Director | 40 | — |
| Katherine Hill-ritchie | Board Member | 0.5 | — |
| Lindsey Padjen | Board Member and Audit Committee | 0.5 | — |
| Marcia Nelson | Board Member | 0.5 | — |
| Steve Leininger | Board Member and Audit Committee | 0.5 | — |
| Todd Manwaring | Board Member & Svp of Impact Investing | 40 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Ui Ventures LLC | Management & Investment Services | $2,294,003 |
| River Ridge Renovations LLC | Hotel Renovations Services | $969,000 |
Grants received · $81.3M total
51 grants to University Impact totaling $81.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Philanthropy | 2024 | $5,620,906 |
| Greater Horizons | Education | 2024 | $5,231,549 |
| Cleveland Foundation | General support | 2024 | $2,567,966 |
| Giveclear Foundation | Program support | 2024 | $1,418,502 |
| National Christian Charitable Foundation | Giving and generosity | 2024 | $252,875 |
| University Impact | To support organization | 2024 | $164,373 |
| University Impact | To support organization | 2024 | $91,000 |
| University Impact | To support organization | 2024 | $88,216 |
| University Impact | To support organization | 2024 | $55,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Education | 2024 | $50,000 |
| American Online Giving Foundation Inc | General support | 2024 | $31,158 |
| Silicon Valley Community Foundation | Education | 2024 | $25,000 |
| University Impact | To support organization | 2024 | $24,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $20,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $21,105,768 |
Grants made · $42.3M in FY2024
317 grants totaling $42.3M in FY2024 — showing the 15 largest. All grants made by University Impact →
| Recipient | Purpose | Amount |
|---|---|---|
| The Church of Jesus Christ of Latter-day Saints | To support organization | $15,397,118 |
| Renaissance Charitable Foundation Inc | To support organization | $5,857,642 |
| Ola Kapukapuakea | To support organization | $2,475,000 |
| Brigham Young University | To support organization | $1,984,200 |
| American Endowment Foundation | To support organization | $1,313,897 |
| Ok Foundation | To support organization | $1,228,000 |
| Southern Highlands Reserve Inc | To support organization | $700,000 |
| Mccandless Collection Inc | To support organization | $650,000 |
| Fidelity Investments Charitable Gift Fund | To support organization | $602,932 |
| Become More | To support organization | $534,000 |
| Coafrica | To support organization | $450,000 |
| B H Roberts Foundation | To support organization | $400,000 |
| Acts Fellowship Church | To support organization | $385,000 |
| International Restoration Church | To support organization | $320,000 |
| B Moore Foundation Inc | To support organization | $276,116 |
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Frequently asked questions
- Is University Impact a legitimate nonprofit?
- Yes. University Impact is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-1504018, based in Provo, Utah. Donations are tax-deductible.
- What is University Impact's EIN?
- University Impact's Employer Identification Number (EIN) is 82-1504018.
- How much revenue does University Impact report?
- University Impact reported $185,438,567 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of University Impact's spending goes to programs?
- University Impact spends about 97% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does University Impact have?
- CharityIndex grades University Impact A, based on program efficiency and fundraising cost.
- How much does University Impact's highest-paid employee make?
- The highest reported compensation on University Impact's latest Form 990 is $0, paid to Aaron Miller (Board Chair).
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Data for University Impact (EIN 82-1504018) 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.