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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 2020. Filed on May 14, 2021.

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 2020 IRS Form 990 filing, University of Massachusetts Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 8 out of 19 total employees. Among the employees shown here, the average compensation is $291,579. The highest compensated employee at University of Massachusetts Foundation Inc. is Jonathan Gibbons with fiscal year 2020 compensation of $635,586.

Revenue, expenses, and employee compensation

Revenue

$48,530,151

Expenses

$28,054,629

Employee compensation

$2,665,971
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jonathan Gibbons
Chief Investment Officer
$635,586
$500,429 No related comp$135,157
Charles J Pagnam
Former Executive Vice President
$395,979
$358,276 No related comp$37,703
Geoffrey Bowes
Managing Director, Investment TEAM
$367,673
$310,812 No related comp$56,861
Judith A Murphy
Assoc. Vp/Controller
$237,945
$192,758 No related comp$45,187
Linda Liang
Operations Director
$212,180
$163,657 No related comp$48,523
Daniel Swartz
EXEC Director, Advancement
$166,889
$129,315 No related comp$37,574
Sandy Fisher
Assoc. Vice President, Advancement Systems
$163,532
$144,061 No related comp$19,471
Christopher Youlden
Senior Financial Analyst
$152,848
$134,084 No related comp$18,764

Benchmark Employee Compensation

Non-Employee Board Members

Daniel E Feder
Director
Douglas Cliggott
Director
Edward H D'Alelio
Chair and Director
Jacqueline Moloney
Director
James P Pappas
Secretary and Director
James R Julian Jr
Interim EXEC Vp/Ex-Officio
Jose F Demedeiros
Director
Katherine S Newman, Ph.D.
Director
Kumble R Subbaswamy
Director
Lisa A Calise
Director
Maria D Furman
Director
Martin T Meehan
Director

Contractors

Ellucian Company Lp
IT Consultants
$1,219,923
Boathouse Group Inc.
Advertising
$1,009,417
Affinaquest LLC
Fundraising Software Support
$569,234
Evertrue Inc.
Fundraising Software Support
$326,875
Imodules Software Inc.
Fundraising Software
$266,609

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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