Nonprofit · EIN 23-7394620
UNIVERSITY OF ALASKA FOUNDATION
Tax-exempt · ANCHORAGE, AK 99508
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $39,406,773 | $34,970,608 | $4,436,165 | $609,537,299 | $197,926,616 | $411,610,683 |
| June 30, 2024 | 990 | $23,112,587 | $40,059,313 | -$16,946,726 | $571,219,798 | $186,838,858 | $384,380,940 |
| June 30, 2023 | 990 | $16,970,419 | $28,940,654 | -$11,970,235 | $547,534,007 | $179,425,098 | $368,108,909 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $23,266,465
- Membership dues
- $439
- Program service revenue
- $0
- Investment income
- $16,181,751
- Royalties
- $484
- Net gain from sales of assets
- $10,541,216
- Net income from fundraising events
- -$56,157
- Other revenue
- -$41,443
Expenses
- Grants and similar amounts paid
- $26,571,515
- Compensation of officers, directors and key employees
- $602,180
- Other salaries and wages
- $2,966,660
- Salaries, compensation and benefits (total)
- $4,556,461
- Professional fundraising fees
- $199,858
- Legal fees
- $31,346
- Accounting fees
- $62,120
- Occupancy
- $111,035
- Travel
- $165,943
- Program services (functional)
- $26,571,515
- Management and general (functional)
- $3,369,498
- Fundraising (functional)
- $5,029,595
Balance sheet and other
- Total assets, start of year
- $571,219,798
- Total assets, end of year
- $609,537,299
- Total liabilities, end of year
- $197,926,616
- Net assets, end of year
- $411,610,683
- Publicly traded securities
- $112,016,776
- Net assets without donor restrictions
- $29,715,394
- Net assets with donor restrictions
- $381,895,289
- Gross unrelated business income
- $358,966
- Gross receipts
- $190,876,732
- Employees
- 0
- Volunteers
- 26
- Year formed
- 1974
- State of legal domicile
- AK
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PAT PITNEY | DIRECTOR Trustee or director | 0.5 | $0 | $407,632 | $75,611 |
| SEAN PARNELL | DIRECTOR Trustee or director | 0.5 | $0 | $305,449 | $120,813 |
| DAN WHITE | DIRECTOR Trustee or director | 0.5 | $0 | $342,503 | $50,712 |
| APARNA DILEEP-NAGESWARAN PALMER | DIRECTOR Trustee or director | 0.5 | $0 | $243,762 | $77,091 |
| TOD BURNETT | FORMER OFFICER Former | 20 | $0 | $247,362 | $23,191 |
| MEGAN REIBE | VP OF DEVELOPMENT (THROUGH 12/31/24) Highest-paid employee | 20 | $0 | $197,254 | $72,028 |
| ALEX SLIVKA | CHIEF FINANCIAL OFFICER Officer | 40 | $0 | $180,109 | $87,721 |
| TLISA NORTHCUTT | PRESIDENT AND CHIEF DEVELOP. OFFICER Officer | 20 | $0 | $159,889 | $104,167 |
| DAVID WOODLEY | CHIEF DATA OFFICER Highest-paid employee | 40 | $0 | $136,086 | $97,944 |
| EMILY DRYGAS | DIRECTOR OF PRINCIPLE GIFTS Highest-paid employee | 40 | $0 | $138,909 | $90,832 |
| CHERYL SIEMERS | DIRECTOR Trustee or director | 0.5 | $0 | $149,159 | $63,099 |
| HARRY NEED | SR DIR OF PHILANTHROPIC SERVICES Highest-paid employee | 40 | $0 | $139,327 | $63,680 |
| MELINDA SEEVERS | SR DIR OF STRATEGIC PARTNERSHIPS Highest-paid employee | 40 | $0 | $127,549 | $51,979 |
| LAURA BRUCE | CHAIR (THROUGH 12/31/24) Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| MEG NORDALE | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
21 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JENNIFER SCHRAGE | VICE CHAIR Trustee or director, Officer | 0.5 | $0 |
| STEPHANIE ERICKSON | SECRETARY Trustee or director, Officer | 0.5 | $0 |
| ROALD HELGESEN | TREASURER Trustee or director, Officer | 0.5 | $0 |
| DALE ANDERSON | DIRECTOR Trustee or director | 0.5 | $0 |
| ANNA ATCHISON | DIRECTOR Trustee or director | 0.5 | $0 |
| ANDREA CANFIELD | DIRECTOR Trustee or director | 0.5 | $0 |
| STEVE COLLIGAN | DIRECTOR Trustee or director | 0.5 | $0 |
| LAURA EDMONDSON | DIRECTOR Trustee or director | 0.5 | $0 |
| JASON GOOTEE | DIRECTOR Trustee or director | 0.5 | $0 |
| ELLA GOSS | DIRECTOR Trustee or director | 0.5 | $0 |
| TODD GREIMANN | DIRECTOR Trustee or director | 0.5 | $0 |
| SHAUNA HEGNA | DIRECTOR Trustee or director | 0.5 | $0 |
| BRIAN HOLST | DIRECTOR Trustee or director | 0.5 | $0 |
| MARY K HUGHES | DIRECTOR Trustee or director | 0.5 | $0 |
| DAVID KARP | DIRECTOR Trustee or director | 0.5 | $0 |
| STEPHANIE MADSEN | DIRECTOR Trustee or director | 0.5 | $0 |
| RHONDA OLIVER | DIRECTOR (THROUGH 12/31/24) Trustee or director | 0.5 | $0 |
| MELISSA REISER | DIRECTOR Trustee or director | 0.5 | $0 |
| BENJAMIN ROTH | DIRECTOR Trustee or director | 0.5 | $0 |
| TIMOTHY THOMPSON | DIRECTOR Trustee or director | 0.5 | $0 |
| ALESHA TOWNS-BAIN | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 40 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PAT PITNEY | DIRECTOR Trustee or director | 0.5 | $0 | $399,477 | $73,644 |
| SEAN PARNELL | DIRECTOR Trustee or director | 0.5 | $0 | $294,281 | $117,257 |
| DAN WHITE | DIRECTOR Trustee or director | 0.5 | $0 | $334,634 | $59,972 |
| TOD BURNETT | PRESIDENT Officer | 20 | $0 | $261,778 | $40,067 |
| MEGAN REIBE | VP OF DEVELOPMENT Highest-paid employee | 20 | $0 | $193,786 | $69,556 |
| DAVID WOODLEY | CHIEF DATA OFFICER Highest-paid employee | 40 | $0 | $130,143 | $94,647 |
| TLISA NORTHCUTT | CHIEF DONOR RELATIONS OFFICER Highest-paid employee | 40 | $0 | $128,848 | $94,847 |
| EMILY DRYGAS | DIRECTOR PRINCIPAL GIFTS Highest-paid employee | 40 | $0 | $130,950 | $86,121 |
| APARNA DILEEP-NAGESWARAN PALMER | DIRECTOR Trustee or director | 0.5 | $0 | $150,414 | $44,201 |
| HARRY NEED | SENIOR DIR. OF PHILANTHROPIC SERVICE Highest-paid employee | 40 | $0 | $126,178 | $63,265 |
| ALEX SLIVKA | CHIEF FINANCIAL OFFICER Officer | 40 | $0 | $115,202 | $56,418 |
| KAREN CAREY | FORMER DIRECTOR (THROUGH 4/30/23) Former | 0.5 | $0 | $152,201 | $19,137 |
| LAURA BRUCE | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MEGAN NORDALE | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JULEE FARLEY | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| STEPHANIE MADSEN | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| DALE ANDERSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ANNA ATCHISON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOHN BURNS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CYNTHIA CARTLEDGE | DIRECTOR (THROUGH 12/31/23) Trustee or director | 0.5 | $0 | $0 | $0 |
| HEATHER CAVANAUGH | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| STEPHANIE ERICKSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TODD GREIMANN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JASON GOOTEE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ELLA GOSS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JO HECKMAN | DIRECTOR (THROUGH 12/31/23) Trustee or director | 0.5 | $0 | $0 | $0 |
| ROALD HELGESEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| BRIAN HOLST | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MARY K HUGHES | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| LINDA HULBERT | DIRECTOR (THROUGH 12/31/23) Trustee or director | 0.5 | $0 | $0 | $0 |
| DAVID KARP | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CARY KELLER | DIRECTOR (THROUGH 12/31/23) Trustee or director | 0.5 | $0 | $0 | $0 |
| TAMMY KOSA | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| RHONDA OLIVER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MELISSA REISER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| BEN ROTH | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JENNIFER SCHRAGE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JOHNATHON TAYLOR | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TIMOTHY THOMPSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ALESHA TOWNS-BAIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 35 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PAT PITNEY | DIRECTOR Trustee or director | 0.5 | $0 | $392,568 | $61,442 |
| DAN WHITE | DIRECTOR Trustee or director | 0.5 | $0 | $323,378 | $70,786 |
| SEAN PARNELL | DIRECTOR Trustee or director | 0.5 | $0 | $280,505 | $98,164 |
| TOD BURNETT | PRESIDENT Officer | 20 | $0 | $251,636 | $37,440 |
| KAREN CAREY | DIRECTOR Trustee or director | 0.5 | $0 | $228,601 | $30,142 |
| MEGAN REIBE | VP OF DEVELOPMENT Highest-paid employee | 20 | $0 | $174,416 | $51,066 |
| DAVID WOODLEY | CHIEF DATA OFFICER Highest-paid employee | 40 | $0 | $125,325 | $72,003 |
| EMILY DRYGAS | DIRECTOR PRINCIPAL GIFTS Highest-paid employee | 40 | $0 | $129,517 | $65,852 |
| TLISA NORTHCUTT | CHIEF DONOR RELATIONS OFFICER Highest-paid employee | 40 | $0 | $122,499 | $72,675 |
| STAN MISHIN | DIRECTOR OF FINANCE Officer | 40 | $0 | $130,908 | $50,575 |
| HARRY NEED | SENIOR DIR. OF PHILANTHROPIC SERVICES Highest-paid employee | 40 | $0 | $121,083 | $50,992 |
| LAURA BRUCE | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MEGAN NORDALE | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JULEE FARLEY | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| STEPHANIE MADSEN | SECRETARY Trustee or director | 0.5 | $0 | $0 | $0 |
| DALE ANDERSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ANNA ATCHISON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CYNTHIA CARTLEDGE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| HEATHER CAVANAUGH | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| STEPHANIE ERICKSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TODD GREIMANN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JASON GOOTEE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ELLA GOSS | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JO HECKMAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ROALD HELGESEN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| BRIAN HOLST | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| MARY K HUGHES | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| LINDA HULBERT | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| CARY KELLER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| RHONDA OLIVER | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| JENNIFER SCHRAGE | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ALEX SLIVKA | DIRECTOR Trustee or director | 0.75 | $0 | $0 | $0 |
| JOHNATHON TAYLOR | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| TIMOTHY THOMPSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
| ALESHA TOWNS-BAIN | DIRECTOR Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1835 BRAGAW ST, ANCHORAGE, AK 99508-3469
- Principal officer (990 for 2024)
- TLISA NORTHCUTT, 1815 BRAGAW STREET 206, ANCHORAGE, AK 99508
- Signed the 990
- TLISA NORTHCUTT, PRESIDENT
- Phone
- (907) 786-1111
- Website
- WWW.ALASKA.EDU/FOUNDATION
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE UNIVERSITY OF ALASKA FOUNDATION SEEKS, SECURES, AND STEWARDS PHILANTHROPIC SUPPORT IN PARTNERSHIP WITH THE UNIVERSITY OF ALASKA SYSTEM TO HELP SHAPE ALASKA'S FUTURE.
Program accomplishments
- ACADEMIC PROGRAM SUPPORT: THE FOUNDATION ACCEPTS, MANAGES, AND ACTS AS FIDUCIARY FOR ALL MONETARY GIFTS RECEIVED ON BEHALF OF THE UNIVERSITY OF ALASKA (UA). OVER 50% OF PROGRAM EXPENSES GO TO SUPPORT ACADEMIC SERVICES, FACILITIES, AND RELATED INFRASTRUCTURE ACROSS THE UA SYSTEM.Expenses $14,096,147 · grants $14,096,147
- STUDENT FINANCIAL AID: THE FOUNDATION RECEIVES MONETARY CONTRIBUTIONS FROM DONORS FOR THE BENEFIT OF THE UNIVERSITY OF ALASKA STUDENTS. SCHOLARSHIPS ARE AVAILABLE TO STUDENTS BASED ON MERIT, FINANCIAL NEED, OUTSTANDING ACHIEVEMENT IN SPECIALIZED FIELDS, OR ANY COMBINATION OF THESE CRITERIA. IN FY25, THE FOUNDATION AWARDED 3,673 SCHOLARSHIPS TO 2,366 STUDENTS.Expenses $6,780,505 · grants $6,780,505
- STUDENT & PUBLIC SUPPORT: THE FOUNDATION ADMINISTERS CHARITABLE GIFTS INTENDED BY DONORS TO ENHANCE STUDENT LIFE, COMMUNITY ENGAGEMENT, AND PUBLIC LEARNING. THESE INCLUDE UA ATHLETICS, RADIO/TV STATIONS, LIBRARY, MUSEUM, AND COOPERATIVE EXTENSION SERVICES AMONG OTHERS. SUPPORT IS ACCOMPLISHED THROUGH REIMBURSEMENT OF UA PERSONNEL COSTS, TRAVEL, OPERATING EXPENSES, AND CAPITAL EXPENDITURES.Expenses $5,694,863 · grants $5,694,863
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7394620
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1974
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $609,537,299
- Income (IRS master file)
- $190,876,732
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $39,406,773 | $34,970,608 | $609,537,299 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $23,112,587 | $40,059,313 | $571,219,798 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $16,970,419 | $28,940,654 | $547,534,007 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $78,947,787 | $22,369,561 | $526,923,123 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7394620).
Questions about UNIVERSITY OF ALASKA FOUNDATION
- What is the EIN of UNIVERSITY OF ALASKA FOUNDATION?
- The employer identification number (EIN) of UNIVERSITY OF ALASKA FOUNDATION is 23-7394620.
- Is UNIVERSITY OF ALASKA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
- Are donations to UNIVERSITY OF ALASKA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIVERSITY OF ALASKA FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNIVERSITY OF ALASKA FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSITY OF ALASKA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of UNIVERSITY OF ALASKA FOUNDATION?
- The 990 for the year ended June 30, 2025 names TLISA NORTHCUTT.
- Who are the officers and directors of UNIVERSITY OF ALASKA FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 36 people; 0 received compensation from the organization.
- How much revenue does UNIVERSITY OF ALASKA FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $39,406,773, expenses of $34,970,608 and total assets of $609,537,299 at year end.
Other nonprofits in ANCHORAGE
- ALASKA PACIFIC UNIVERSITY EIN 92-0023588 · last filed 990 for 2025
- EASTERN ALEUTIAN TRIBES INC EIN 92-0139107 · last filed 990 for 2025
- COOK INLET NATIVE HEAD START EIN 27-0502649 · last filed 990 for 2024
- SPECIAL EDUCATION SERVICE AGENCY A PUBLIC AGENCY EIN 92-0117008 · last filed 990 for 2025
- PROGRAMS FOR INFANTS AND CHILDREN INC-PIC INC EIN 92-0100494 · last filed 990 for 2025
- CALISTA EDUCATION AND CULTURE INC EIN 92-0088631 · last filed 990 for 2024
- ARCTIC EDUCATION FOUNDATION EIN 92-0068447 · last filed 990-PF for 2024
- ALASKA SCHOOL ACTIVITIES ASSOCIATION INC EIN 92-0116510 · last filed 990 for 2025