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University Of North Texas Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237232618 ✦ Denton, TX ✦ Designated as a 501(c)(3)

Overview

What is University Of North Texas Foundation Inc?

The University of North Texas Foundation Inc, located in Denton, Texas, functions as a strategic partner to the University of North Texas by managing and growing its private assets to support the university's mission. With a team of eight employees, the foundation distributes, grants, and allocates funds for the benefit of UNT. These resources contribute significantly to UNT's potential by ensuring continuity, flexibility, and innovative solutions.


Official website here: www.endow.unt.edu

Is University Of North Texas Foundation Inc legitimate?

University Of North Texas Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Of North Texas Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $805,108
Professional Fundraising Fees: $0
Other Salaries and Wages: $213,160

For more financial information, click here


Official website here: www.endow.unt.edu

What is the mission statement of University Of North Texas Foundation Inc?

The University of North Texas Foundation Inc serves as a strategic partner to the University of North Texas in managing and expanding its private assets. Their primary goal is to support the university's mission through continuity, flexibility, and inventive solutions. The foundation manages distributions, pass-through grants, and grants designated by the board to benefit the University of North Texas. Their role is crucial in helping the university fully realize its potential.


Official website here: www.endow.unt.edu

Who is the CEO of University Of North Texas Foundation Inc?

Ben Joyner is the Treasurer of University Of North Texas Foundation Inc. The CEO's salary of University Of North Texas Foundation Inc is $360,750 and their total compensation is $386,750.


Official website here: www.endow.unt.edu

What is the revenue of University Of North Texas Foundation Inc?

University Of North Texas Foundation Inc's revenue in 2022 was $18,135,985.


Official website here: www.endow.unt.edu

Who are the executives of University Of North Texas Foundation Inc and what are their salaries?

The average compensation at University Of North Texas Foundation Inc during 2022 was $127,284. There are 8 employees and 250 volunteers at University Of North Texas Foundation Inc.

Here are 24 key members and their salaries (University Of North Texas Foundation Inc's CEO's salary is $360,750 and their total compensation is $386,750):

    Mike Mlinac (President & Ceo)
  • Compensation: $360,750
  • Related: $0
  • Other: $26,000

    • Alfred J Lockwood - V P (Investment Adm.)
  • Compensation: $207,287
  • Related: $0
  • Other: $14,938

    • Amber Bothwell (Controller)
  • Compensation: $100,950
  • Related: $0
  • Other: $9,550

    • Molly H Morgan (V. P.-Admin.)
  • Compensation: $77,195
  • Related: $0
  • Other: $8,438

    • Jim Mcnatt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trey Crawford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sonja Rodgers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas E Muir (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harry Joe (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Sherman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlie Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Golden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Joyner (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathy Bryce (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Burgess (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Glasscock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Drew Springer Sr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diann Huber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • C Dan Smith (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Matranga (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy L Dwight (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathon Fite (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Robason (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aaron Junk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.endow.unt.edu

    Where can I find the form 990 for University Of North Texas Foundation Inc?

    The University Of North Texas Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.endow.unt.edu

    Learn more at the official website: www.endow.unt.edu

    Mission Statement of University Of North Texas Foundation Inc

    University of North Texas Foundation Inc plays a pivotal role in supporting the University of North Texas (UNT) by managing and growing its private assets. Acting as UNT's strategic partner, the Foundation ensures the university's mission fully realizes its potential. With a focus on continuity, flexibility, and innovative solutions, the Foundation contributes significantly to UNT's development.

    In essence, the University of North Texas Foundation Inc serves as the university's financial steward, managing contributions and distributing funds accordingly. Pass-through grants, board-designated grants, and other distributions are facilitated by the Foundation to benefit UNT. These resources are crucial in ensuring the university can continue to excel in its academic pursuits and maintain its commitment to providing a top-tier education. The Foundation's dedication to managing UNT's private assets enables the university to thrive and reach new heights.

    Impact

    This information is meant to be a general summary of University Of North Texas Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    University of North Texas Foundation Inc's impact is significant in managing and growing private assets to support the University of North Texas' mission. By providing distributions, pass-through grants, and board-designated grants, the foundation plays a crucial role in benefiting the university. Through its strategic partnership with UNT, the foundation's continuity, flexibility, and creative solutions contribute to fully realizing the university's potential, ultimately enhancing the educational experience and opportunities for students, faculty, and the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,916,110
  • Program Service Revenue: $526,877
  • Gross Receipts: $57,486,977

    • Assets and Liabilities:
  • Total Assets: $307,856,436
  • Total Liabilities: $81,677,579
  • Net Assets: $226,178,857
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    GRANT REVENUE

    Revenue

    $526,877

    Organization Details

    Founding Year

    1972

    Principal Officer

    Ben Joyner

    Main Address

    1155 UNION CIRCLE 311250, DENTON, TX, 76203

    NTEE Category

    Code: T30I - Philanthropy

    If you are a representative of University Of North Texas Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.