University of Akron Foundation
302 Buchtel Mall, Akron, OH · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $34,589,377 | $23,480,054 | $304,931,855 |
| FY2024 | $26,360,400 | $24,843,394 | $267,971,492 |
| FY2023 | $16,632,940 | $18,797,090 | $242,649,171 |
| FY2022 | $26,694,571 | $17,424,752 | $230,232,750 |
| FY2021 | $29,706,215 | $16,434,477 | $242,161,133 |
| FY2020 | $14,662,521 | $16,001,825 | $194,444,631 |
| FY2019 | $19,069,169 | $24,105,670 | $199,395,385 |
| FY2018 | $34,558,263 | $19,676,287 | $203,581,149 |
| FY2017 | $20,410,174 | $20,522,088 | $184,483,194 |
| FY2016 | $22,439,793 | $16,799,846 | $173,176,054 |
| FY2015 | $20,667,291 | $18,306,008 | $174,005,695 |
| FY2014 | $41,096,467 | $13,938,123 | $178,579,847 |
| FY2013 | $16,614,452 | $12,794,229 | $153,916,706 |
| FY2012 | $17,046,054 | $11,575,284 | $142,787,660 |
Form 990 filings
The returns filed by University of Akron Foundation (EIN 34-6575496), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $18,572,532 | 54% |
| Program service revenue | $0 | 0% |
| Other revenue | $16,016,845 | 46% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $15,850,177 | 68% |
| Management & general | $6,701,025 | 29% |
| Fundraising | $928,852 | 4% |
What the numbers show
- Contributions & grants made up 54% of total revenue in FY2025.
- Program services accounted for 68% of functional expenses, management & general 29%, and fundraising 4%.
- 68% of functional expenses went to program services in FY2025. That is higher than 8.4% of 119 Education organizations in OH.
- Net assets covered about 155.8 months of expenses at the end of the reporting year. That puts it in the 89th percentile among 2291 Education organizations in OH.
- Total revenue was higher than 97.8% of 2337 Education organizations in OH.
- Total revenue rose from $17,046,054 in FY2012 to $34,589,377 in FY2025. Revenue increased in 6 and decreased in 7 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2017, FY2019, FY2020, FY2023).
- The highest revenue on record here is $41,096,467 in FY2014.
- Net assets grew from $142,787,660 to $304,931,855 between FY2012 and FY2025.
- Contributions and grants made up 78% of revenue in FY2012 and 54% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
UAF EXISTS TO STRENGTHEN UA'S FUTURE BY SECURING/MANAGING PHILANTHROPIC GIFTS THAT BENEFIT UA.
IRS status
| Ruling year | 1966 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B110 — Education (in OH) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
Similar organizations
- Cincinnati Hills Christian Academy Inc — Cincinnati, OH · $34,167,284
- Cleveland Institute of Music — Cleveland, OH · $32,974,445
- Youngstown State University Foundation — Youngstown, OH · $38,801,829
- Bluffton University — Bluffton, OH · $30,070,566
- The University of Toledo Foundation — Toledo, OH · $40,509,886
- Hiram College — Hiram, OH · $41,198,925
- Imagine Schools Inc — Cleveland, OH · $41,618,296
- Ursuline College — Pepper Pike, OH · $41,960,339
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.