University of Alaska Foundation
76% goes to programs $22 to raise $100 Strong reserves Declining revenue
University of Alaska Foundation is a 501(c)(3) organization based in Anchorage, Alaska, registered in 1974, with $39,406,773 in FY2024 revenue. CharityIndex grades it A, and it directs about 76% of spending to programs.
1815 Bragaw St Ste 206, Anchorage, AK, 99508 EIN 23-7394620 Since 1974
Revenue (FY2024)
$39.4M
▲ 70.5% vs prior year
Education median: $200K
Expenses (FY2024)
$35.0M
Net assets
$411.6M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating76% to programs · $22 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 of Alaska Foundation: 76% to programs · $22 to raise $100 earns a B+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating141 mo reserves · +11% 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 of Alaska Foundation: 141 mo reserves · +11% 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 of Alaska Foundation: 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 of Alaska Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Seek, secure, and steward philanthropic support to build excellence at university of alaska.
What they do
Student financial aid: the foundation receives monetary contributions from donors for the benefit of the university of alaska students. scholarships are available to students based on merit, financial need, outstanding achievement in specialized fields, or any combination of these criteria. in fy25, the foundation awarded 3,673 scholarships to 2,366 students.
Student & public support: the foundation administers charitable gifts intended by donors to enhance student life, community engagement, and public learning. these include ua athletics, radio/tv stations, library, museum, and cooperative extension services among others. support is accomplished through reimbursement of ua personnel costs, travel, operating expenses, and capital expenditures.
Contact & location
- Address
- 1815 Bragaw St Ste 206, Anchorage, AK, 99508
- City
- Anchorage
- State
- Alaska
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $39.4M (FY2013) to $39.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $197.9MNet assets $411.6M
Operating margin
11.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$609.5M
Total liabilities
$197.9M
Net assets
$411.6M
Salaries & benefits
$4.6M
13% of expenses
Board members
26
21 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $39,406,773▲70.5% | $34,970,608▼12.7% | $411,610,683▲7.1% | $609,537,299▲6.7% | 990 |
| 2023 | $23,112,587▲36.2% | $40,059,313▲38.4% | $384,380,940▲4.4% | $571,219,798▲4.3% | 990 |
| 2022 | $16,970,419▼78.5% | $28,940,654▲29.4% | $368,108,909▲4.5% | $547,534,007▲3.9% | 990 |
| 2021 | $78,947,787▼25.1% | $22,369,561▲13.6% | $352,143,489▼4.1% | $526,923,123▼6.7% | 990 |
| 2020 | $105,406,373▲251% | $19,687,574▲7.7% | $367,288,048▲30.4% | $564,787,306▲30.3% | 990 |
| 2019 | $30,048,910▲4.3% | $18,272,128▼19.1% | $281,569,249▲2.8% | $433,420,168▲1.5% | 990 |
| 2018 | $28,807,520▲24.7% | $22,577,554▲10.1% | $273,858,718▲5.7% | $427,215,676▲4.1% | 990 |
| 2017 | $23,110,219▼31.5% | $20,504,365▼6.9% | $259,134,395▲5.5% | $410,291,827▲4.9% | 990 |
| 2016 | $33,759,441▲105% | $22,023,943▲16.5% | $245,610,471▲13.2% | $391,288,773▲12.4% | 990 |
| 2015 | $16,441,166▼26.7% | $18,906,760▼6.0% | $216,902,042▼5.5% | $348,105,705▼7.0% | 990 |
| 2014 | $22,430,216▼43.1% | $20,111,928▲22.0% | $229,510,985▼1.4% | $374,267,252▼2.0% | 990 |
| 2013 | $39,407,498 | $16,491,664▼11.2% | $232,821,861▲12.9% | $381,908,221▲81.8% | 990 |
| 2012 | — | $18,576,213▲12.3% | $206,289,051▲6.4% | $210,073,975▲6.4% | 990 |
| 2011 | — | $16,537,519▲0.8% | $193,803,306▲2.0% | $197,524,368▲2.3% | 990 |
| 2010 | — | $16,412,321▲2.7% | $190,000,377▲12.5% | $193,063,352▲12.2% | 990 |
| 2009 | — | $15,980,501 | $168,883,644 | $172,034,720 | 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 |
|---|---|---|---|
| Alesha Towns-bain | Director | 0.5 | — |
| Alex Slivka | Chief Financial Officer | 40 | — |
| Andrea Canfield | Director | 0.5 | — |
| Anna Atchison | Director | 0.5 | — |
| Aparna Dileep-nageswaran Palmer | Director | 0.5 | — |
| Benjamin Roth | Director | 0.5 | — |
| Brian Holst | Director | 0.5 | — |
| Cheryl Siemers | Director | 0.5 | — |
| Dale Anderson | Director | 0.5 | — |
| Dan White | Director | 0.5 | — |
| David Karp | Director | 0.5 | — |
| David Woodley | Chief Data Officer | 40 | — |
| Ella Goss | Director | 0.5 | — |
| Emily Drygas | Director of Principle Gifts | 40 | — |
| Harry Need | Sr Dir of Philanthropic Services | 40 | — |
| Jason Gootee | Director | 0.5 | — |
| Jennifer Schrage | Vice Chair | 0.5 | — |
| Laura Bruce | Chair (through 12/31/24) | 0.5 | — |
| Laura Edmondson | Director | 0.5 | — |
| Mary K Hughes | Director | 0.5 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| University of Alaska | Foundation Staffing | $4,388,515 |
| Eab Global Inc | Professional Fundraising | $199,858 |
Grants received · $13.4M total
116 grants to University of Alaska Foundation totaling $13.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Valley Hospital Association Inc | Support for nursing assistants, radiology techs, and sonographers | 2024 | $504,930 |
| The Seattle Foundation | Northern gulf of alaska applied research fund | 2024 | $35,000 |
| The Seattle Foundation | To provide general support | 2024 | $26,675 |
| Charities Aid Foundation America | Charitable donation | 2024 | $21,203 |
| American Endowment Foundation | Educational | 2024 | $15,000 |
| Alaska Community Foundation | Operational support | 2024 | $14,349 |
| American Online Giving Foundation Inc | General support | 2024 | $11,846 |
| Donor Advised Charitable Giving | Education | 2023 | $3,589,350 |
| San Francisco Foundation | For the re-entry scholarships program. | 2023 | $200,000 |
| Alaska Community Foundation | Operational support | 2023 | $63,750 |
| The Valley Hospital Association Inc | Della keats health sciences program project | 2023 | $60,000 |
| The Valley Hospital Association Inc | Della keats health sciences program project | 2023 | $60,000 |
| Bristol Bay Economic Development Corporation | Bristol bay continuing education fund, bristol bay nursing fund | 2023 | $57,500 |
| Alaska Community Foundation | Operational support | 2023 | $45,000 |
| Alaska Community Foundation | Operational support | 2023 | $41,003 |
Grants made · $19.8M in FY2024
1 grant totaling $19.8M in FY2024. All grants made by University of Alaska Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Alaska | Student, program and other department support for the university | $19,791,011 |
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Frequently asked questions
- Is University of Alaska Foundation a legitimate nonprofit?
- Yes. University of Alaska Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7394620, based in Anchorage, Alaska. Donations are tax-deductible.
- What is University of Alaska Foundation's EIN?
- University of Alaska Foundation's Employer Identification Number (EIN) is 23-7394620.
- How much revenue does University of Alaska Foundation report?
- University of Alaska Foundation reported $39,406,773 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of University of Alaska Foundation's spending goes to programs?
- University of Alaska Foundation spends about 76% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does University of Alaska Foundation have?
- CharityIndex grades University of Alaska Foundation A, based on program efficiency and fundraising cost.
- How much does University of Alaska Foundation's highest-paid employee make?
- The highest reported compensation on University of Alaska Foundation's latest Form 990 is $0, paid to Alesha Towns-bain (Director).
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Data for University of Alaska Foundation (EIN 23-7394620) 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.