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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education The University of Akron Foundation

The University of Akron Foundation

Fiscal year ending 2017. Filed on December 6, 2017.

302 Buchtel Common
Akron, Ohio 44325

The University of Akron Foundation (EIN: 34-6575496) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, The University of Akron Foundation, a 501(c)(3) charitable organization, reported compensation for 11 employees. Among the employees shown here, the average compensation is $224,052. The highest compensated employee at The University of Akron Foundation is Luis Proenza with fiscal year 2017 compensation of $372,294.

Revenue, expenses, and employee compensation

Revenue

$20,410,174

Expenses

$20,522,088

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Luis Proenza
FMR Ex-Off Director (Through 6/30/14)
$372,294
$0 $351,476 $20,818
Rex D Ramsier
Director ex officio
$351,325
$0 $296,097 $55,228
William M Sherman
FMR Ex-Off Director (Through 1/1/16)
$319,960
$0 $250,208 $69,752
Nathan J Mortimer
Treasurer
$289,233
$0 $241,373 $47,860
Scott L Scarborough
Ex-Officio Director (Through 9/30/16)
$253,646
$0 $169,639 $84,007
Lawrence Burns
Ex-Officio Director (Through 8/12/16)
$232,954
$0 $201,413 $31,541
Matthew J Wilson
Director ex officio
$213,366
$0 $181,206 $32,160
Kimberly M Cole
Executive Director
$171,920
$0 $143,772 $28,148
Brian E Davis
FMR ASST Treas (Through 8/1/15)
$160,952
$0 $118,196 $42,756
Kimberly M Winter
ASST Treas (Through 7/16/16)
$57,034
$0 $46,905 $10,129
Sarah M Chapman
Assistant Treasurer
$41,891
$0 $30,568 $11,323

Benchmark Employee Compensation

Non-Employee Board Members

Benjamin G Ammons
Director
Craig S Taylor
Director
Cynthia F Capers
Director
Dennis H Gartman
Director
Dianne R Newman
Director
Dorothy Cummings
Director
Edward T Eliopoulos
Director
Eileen E Burg
Director
Frances M James
Director
Frank C Steininger
Director
Frank P Bevilacqua
Director
George L Farris II
Director

Mission Statement

THE MISSION OF THE UNIVERSITY OF AKRON FOUNDATION (UAF) IS TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF AKRON (UA), INCLUDING BUT NOT LIMITED TO RECEIVING, HOLDING, INVESTING, AND ADMINISTERING PROPERTY FOR THE BENEFIT OF UA, AND BY MAKING EXPENDITURES TO OR FOR THE BENEFIT OF UA.

Revisions to this organization profile

April 25, 2025:
2024 The University of Akron Foundation 990 filed
May 2, 2024:
2023 The University of Akron Foundation 990 filed
May 15, 2023:
2022 The University of Akron Foundation 990 filed

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