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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 University of Massachusetts Foundation Inc.

University of Massachusetts Foundation Inc.

Fiscal year ending 2018. Filed on May 1, 2019.

One Beacon Street 31st Flr
Boston, Massachusetts 02108

University of Massachusetts Foundation Inc. (EIN: 04-6013152) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2018 IRS Form 990 filing, University of Massachusetts Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 7 out of 7 total employees. Among the employees shown here, the average compensation is $254,479. The highest compensated employee at University of Massachusetts Foundation Inc. is Charles J Pagnam with fiscal year 2018 compensation of $629,008.

Revenue, expenses, and employee compensation

Revenue

$54,705,103

Expenses

$29,309,752

Employee compensation

$1,676,104
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Charles J Pagnam
Executive Vice President
$629,008
$462,923 No related comp$166,085
Judith A Murphy
Assoc. Vp/Controller
$267,762
$196,708 No related comp$71,054
Jonathan Gibbons
Chief Investment Officer
$214,317
$199,042 No related comp$15,275
Sandy Fisher
Assoc. Vp/Advancement INFO SVC
$200,328
$147,013 No related comp$53,315
Daniel Swartz
EXEC Director of Advancement Systems
$163,633
$119,968 No related comp$43,665
Christopher Youlden
Senior Financial Analyst
$158,077
$115,877 No related comp$42,200
Sarah McDonnell
SR Foundation Associate
$148,230
$108,621 No related comp$39,609

Benchmark Employee Compensation

Non-Employee Board Members

Andrew T Rudd
Director (Until DEC 2017)
Barry Mills, Jd, Ph.D.
Director
Daniel E Feder
Director
Douglas Cliggott
Director
Edward H D'Alelio
Treasurer and Director
Jacqueline Moloney
Director
James P Pappas
Secretary and Director
James R Julian Jr
Director
John D Kattar
Director
Kumble R Subbaswamy, Ph.D.
Director
Lisa A Calise
Director
Maria D Furman
Director

Contractors

Ellucian Company Lp
IT Consultants
$1,993,882
Boathouse Group Inc.
Advertising
$1,285,773
Evertrue Inc.
Fundraising Software Support
$220,000
Imodules Software Inc.
Fundraising Software Support
$170,613
Stellar Technology Solutions LLC
Accounting Software
$126,000

Mission Statement

THE MISSION OF THE UNIVERSITY OF MASSACHUSETTS FOUNDATION, INC. IS TO FOSTER AND PROMOTE THE GROWTH, PROGRESS AND GENERAL WELFARE OF THE UNIVERSITY OF MASSACHUSETTS AS STATED IN THE ORIGINAL 1950 ARTICLES OF ORGANIZATION. THE FOUNDATION RECEIVES, INVESTS AND DISBURSES PRIVATE GIFTS FOR THE BENEFIT OF THE UNIVERSITY OF MASSACHUSETTS AND ITS EDUCATIONAL MISSION.

Revisions to this organization profile

May 15, 2024:
2023 University of Massachusetts Foundation Inc. 990 filed
May 15, 2023:
2022 University of Massachusetts Foundation Inc. 990 filed
May 16, 2022:
2021 University of Massachusetts Foundation Inc. 990 filed

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