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Nonprofit · EIN 71-6056774

UNIVERSITY OF ARKANSAS FOUNDATION INC

Also known as UNIVERSITY OF ARKANSAS FDN INC

Tax-exempt · FAYETTEVILLE, AR 72701

Financials

$131.4M$133.7M2022$122.9M$146.6M2023$154.1M$142.9M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF ARKANSAS FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$154,079,588$142,873,537$11,206,051$2,250,433,051$15,335,424$2,235,097,627
June 30, 2024990$122,885,875$146,613,036-$23,727,161$2,087,613,897$19,228,339$2,068,385,558
June 30, 2023990$131,431,688$133,651,457-$2,219,769$1,953,877,195$22,157,769$1,931,719,426
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$92,648,032
Program service revenue
$0
Investment income
$61,427,109
Royalties
$4,447
Net gain from sales of assets
$25,184,001
Other revenue
$4,447

Expenses

Grants and similar amounts paid
$135,022,878
Compensation of officers, directors and key employees
$1,823,150
Other salaries and wages
$482,439
Salaries, compensation and benefits (total)
$2,537,528
Professional fundraising fees
$0
Legal fees
$2,785
Accounting fees
$97,084
Occupancy
$90,891
Travel
$2,763
Program services (functional)
$135,022,878
Management and general (functional)
$7,850,659

Balance sheet and other

Total assets, start of year
$2,087,613,897
Total assets, end of year
$2,250,433,051
Total liabilities, end of year
$15,335,424
Net assets, end of year
$2,235,097,627
Publicly traded securities
$432,378,059
Net assets without donor restrictions
$187,785,058
Net assets with donor restrictions
$2,047,312,569
Gross unrelated business income
$79,746
Gross receipts
$1,865,326,856
Employees
9
Volunteers
25
Year formed
1956
State of legal domicile
AR

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.

NameTitleHours / weekCompensationOther / benefits
DR CLAY H DAVISPRESIDENT/CEO
Officer
40$464,857$48,941
MR ROBERT KOSTEREXECUTIVE VICE PRESIDENT/COO
Officer
40$295,585$52,652
MS DIANNA LEEVICE PRESIDENT ADMINISTRATION
Officer
40$266,942$43,820
MS VICKIE FERGUSONVICE PRESIDENT/DIR. OF INVESTMENTS
Officer
40$226,202$22,837
MS TRACI PHELANASSOCIATE VICE PRESIDENT/CFO
Officer
40$212,795$34,340
MS BARBARA ESCHCONTROLLER
Highest-paid employee
40$151,624$30,513
MS ROBYN WINKLEDIRECTOR DATA SYSTEMS
Highest-paid employee
40$120,458$28,633
MS AMY BELLACCOUNTS PAYABLE MANAGER
Highest-paid employee
40$118,223$12,034
MR CLIFF GIBSON IIIBOARD MEMBER
Trustee or director
0.1$0$0
MR TED DICKEYBOARD MEMBER
Trustee or director
0.1$0$0
MR MIKE AKINBOARD MEMBER
Trustee or director
0.1$0$0
MR MARK WALDRIPBOARD MEMBER
Trustee or director
0.1$0$0
MS ANN ROSSOBOARD MEMBER
Trustee or director
0.1$0$0
MR TIM O'DONNELLBOARD MEMBER
Trustee or director
0.1$0$0
MR BEAU BLAIRBOARD MEMBER/VICE CHAIR
Trustee or director
0.1$0$0
18 more people on this return
NameTitleHours / weekCompensation
MS PATTI BAILEYBOARD MEMBER
Trustee or director
0.1$0
MS CHERYL SHUFFIELDBOARD MEMBER
Trustee or director
0.1$0
MS CYNTHIA CONGERBOARD MEMBER
Trustee or director
0.1$0
MR RANDY RISHERBOARD MEMBER
Trustee or director
0.1$0
MR SCOTT SAFFOLDBOARD MEMBER/CHAIR
Trustee or director
0.1$0
MR CALVIN BOOKERBOARD MEMBER
Trustee or director
0.1$0
MS VELOIS BOWERSBOARD MEMBER
Trustee or director
0.1$0
MR ARCHIE SCHAFFERBOARD MEMBER
Trustee or director
0.1$0
MR DICK TRAMMELBOARD MEMBER
Trustee or director
0.1$0
DR KEVIN STEPHENSONBOARD MEMBER
Trustee or director
0.1$0
MR LESTER MATLOCKBOARD MEMBER
Trustee or director
0.1$0
MS NATALIE ROCKEFELLERBOARD MEMBER
Trustee or director
0.1$0
MR KEVIN ROSEBOARD MEMBER
Trustee or director
0.1$0
MR SCOTT MCKENNONBOARD MEMBER
Trustee or director
0.1$0
MR ED COPELANDBOARD MEMBER
Trustee or director
0.1$0
MS ASHLEY WELCH HUDSONBOARD MEMBER
Trustee or director
0.1$0
MR RICK DUFFIELDBOARD MEMBER
Trustee or director
0.1$0
MR JOSH ZYLKSBOARD MEMBER
Trustee or director
0.1$0
990 for the year ended June 30, 2024: 32 people
NameTitleHours / weekCompensationOther / benefits
DR CLAY H DAVISPRESIDENT/CEO
Officer
40$443,146$46,985
MR ROBERT KOSTEREXECUTIVE VICE PRESIDENT/COO
Officer
40$281,919$50,871
MS DIANNA LEEVICE PRESIDENT ADMINISTRATION
Officer
40$261,094$42,544
MS VICKIE FERGUSONVICE PRESIDENT/DIR. OF INVESTMENTS
Officer
40$214,469$22,984
MS TRACI PHELANASSOCIATE VICE PRESIDENT/CFO
Officer
40$188,610$30,891
MS BARBARA ESCHCONTROLLER
Highest-paid employee
40$136,098$28,820
MS ROBYN WINKLEDIRECTOR DATA SYSTEMS
Highest-paid employee
40$115,592$27,125
MS AMY BELLACCOUNTS PAYABLE MANAGER
Highest-paid employee
40$108,400$11,051
MR CLIFF GIBSONBOARD MEMBER
Trustee or director
0.1$0$0
MR TED DICKEYBOARD MEMBER
Trustee or director
0.1$0$0
MR MIKE AKINBOARD MEMBER
Trustee or director
0.1$0$0
MR MARK WALDRIPBOARD MEMBER
Trustee or director
0.1$0$0
MS ANN ROSSOBOARD MEMBER/CHAIR
Trustee or director
0.1$0$0
MR TIM O'DONNELLBOARD MEMBER
Trustee or director
0.1$0$0
MR BEAU BLAIRBOARD MEMBER
Trustee or director
0.1$0$0
MS PATTI BAILEYBOARD MEMBER
Trustee or director
0.1$0$0
MR CHERYL SHUFFIELDBOARD MEMBER
Trustee or director
0.1$0$0
MS CYNTHIA CONGERBOARD MEMBER
Trustee or director
0.1$0$0
MR RANDY RISHERBOARD MEMBER
Trustee or director
0.1$0$0
MR SCOTT SAFFOLDBOARD MEMBER/VICE CHAIR
Trustee or director
0.1$0$0
MR CALVIN BOOKERBOARD MEMBER
Trustee or director
0.1$0$0
DR DIANE S GILLELANDBOARD MEMBER
Trustee or director
0.1$0$0
MR ARCHIE SCHAFFERBOARD MEMBER
Trustee or director
0.1$0$0
MR DICK TRAMMELBOARD MEMBER
Trustee or director
0.1$0$0
DR KEVIN STEPHENSONBOARD MEMBER
Trustee or director
0.1$0$0
MS NATALIE ROCKEFELLERBOARD MEMBER
Trustee or director
0.1$0$0
MR KEVIN ROSEBOARD MEMBER
Trustee or director
0.1$0$0
MR SCOTT MCKENNONBOARD MEMBER
Trustee or director
0.1$0$0
MR ED COPELANDBOARD MEMBER
Trustee or director
0.1$0$0
MS ASHLEY WELCH HUDSONBOARD MEMBER
Trustee or director
0.1$0$0
MR RICK DUFFIELDBOARD MEMBER
Trustee or director
0.1$0$0
MR NED HENDRIXBOARD MEMBER
Trustee or director
0.1$0$0
990 for the year ended June 30, 2023: 33 people
NameTitleHours / weekCompensationOther / benefits
DR CLAY H DAVISPRESIDENT/CEO
Officer
40$417,342$44,834
MR ROBERT KOSTEREXECUTIVE VICE PRES/COO
Officer
40$262,190$43,354
MS DIANNA LEEVICE PRESIDENT ADMINISTRATION
Officer
40$256,239$40,209
MS VICKIE FERGUSONVICE PRESIDENT/DIR. OF INVESTMENTS
Officer
40$201,813$21,718
MS TRACI PHELANASSOCIATE VICE PRESIDENT/CONTROLLER
Officer
40$161,903$28,698
MS BARBARA ESCHSENIOR ACCOUNTANT
Highest-paid employee
40$120,329$26,326
MS ROBYN WINKLEDIRECTOR DATA SYSTEMS
Highest-paid employee
40$108,766$26,318
MS AMY BELLACCOUNTS PAYABLE MANAGER
Highest-paid employee
40$102,094$10,421
MR CLIFF GIBSONBOARD MEMBER
Trustee or director
0.1$0$0
MR BEN HYNEMANBOARD MEMBER
Trustee or director
0.1$0$0
MR MIKE AKINBOARD MEMBER
Trustee or director
0.1$0$0
MR MARK WALDRIPBOARD MEMBER
Trustee or director
0.1$0$0
MS ANN ROSSOBOARD MEMBER/CHAIR
Trustee or director
0.1$0$0
MR TIM O'DONNELLBOARD MEMBER
Trustee or director
0.1$0$0
MR BEAU BLAIRBOARD MEMBER
Trustee or director
0.1$0$0
MS PATTI BAILEYBOARD MEMBER
Trustee or director
0.1$0$0
MR PETER G KUMPEBOARD MEMBER
Trustee or director
0.1$0$0
MS CYNTHIA CONGERBOARD MEMBER
Trustee or director
0.1$0$0
MR RANDY RISHERBOARD MEMBER
Trustee or director
0.1$0$0
MR SCOTT SAFFOLDBOARD MEMBER/VICE CHAIR
Trustee or director
0.1$0$0
MR CALVIN BOOKERBOARD MEMBER
Trustee or director
0.1$0$0
DR DIANE S GILLELANDBOARD MEMBER
Trustee or director
0.1$0$0
MR ARCHIE SCHAFFERBOARD MEMBER
Trustee or director
0.1$0$0
MR DICK TRAMMELBOARD MEMBER
Trustee or director
0.1$0$0
DR KEVIN STEPHENSONBOARD MEMBER
Trustee or director
0.1$0$0
MR DON L GIBSONBOARD MEMBER
Trustee or director
0.1$0$0
MS NATALIE ROCKEFELLERBOARD MEMBER
Trustee or director
0.1$0$0
MR KEVIN ROSEBOARD MEMBER
Trustee or director
0.1$0$0
MR SCOTT MCKENNONBOARD MEMBER
Trustee or director
0.1$0$0
MR ED COPELANDBOARD MEMBER
Trustee or director
0.1$0$0
MS ASHLEY WELCH HUDSONBOARD MEMBER
Trustee or director
0.1$0$0
MR RICK DUFFIELDBOARD MEMBER
Trustee or director
0.1$0$0
MR NED HENDRIXBOARD MEMBER
Trustee or director
0.1$0$0

Address and contacts

Address (IRS master file)
535 W RESEARCH CENTER BLVD STE 120, FAYETTEVILLE, AR 72701-6944
In care of
% NORTHERN TRUST COMPANY
Mailing address (990-N for 2019)
4301 West Markham, Little Rock AR 72205
Principal officer (990 for 2024)
TRACI PHELAN, 535 RESEARCH CENTER BLVD 120, FAYETTEVILLE, AR 72701
Principal officer (990-N for 2019)
Rachel Stafford, 4301 West Markham, Little Rock AR 72205
Signed the 990
TRACI PHELAN, CFO
Phone
(479) 575-5581
Return prepared by
HOGANTAYLOR LLP

Mission

PROVIDE SUPPORT FOR THE UNIVERSITY OF ARKANSAS SYSTEM.

990 for the year ended June 30, 2025

Program accomplishments

  • FUNDS ALLOCATED TO SUPPORTED ORGANIZATIONS FOR CONSTRUCTION AND EQUIPMENT.
    Expenses $28,195,412 · grants $28,195,412
  • FUNDS ALLOCATED TO SUPPORTED ORGANIZATIONS FOR RESEARCH, FACULTY/STAFF SUPPORT AND SCHOLARSHIPS AND AWARDS.
    Expenses $52,623,823 · grants $52,623,823
  • FUNDS ALLOCATED TO SUPPORTED ORGANIZATION FOR ALL OTHER PROGRAM EXPENSES.
    Expenses $54,203,643 · grants $54,203,643

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
71-6056774
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
1956
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$2,250,433,051
Income (IRS master file)
$1,865,326,856

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$154,079,588$142,873,537$2,250,433,051IRS
990-TJune 2025–––IRS
990June 2024$122,885,875$146,613,036$2,087,613,897IRS
990-TJune 2024–––IRS
990June 2023$131,431,688$133,651,457$1,953,877,195XML
990-TJune 2023–––IRS
990June 2022$77,874,519$104,871,250$1,894,141,764IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-N for 2019
Officer: Rachel Stafford
June 30, 2020≤ $50,000 receipts––e-Postcard
990June 2020–––IRS
990June 2019–––IRS
990June 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 71-6056774).

Questions about UNIVERSITY OF ARKANSAS FOUNDATION INC

What is the EIN of UNIVERSITY OF ARKANSAS FOUNDATION INC?
The employer identification number (EIN) of UNIVERSITY OF ARKANSAS FOUNDATION INC is 71-6056774.
Is UNIVERSITY OF ARKANSAS FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1956.
Are donations to UNIVERSITY OF ARKANSAS FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY OF ARKANSAS FOUNDATION INC 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 ARKANSAS FOUNDATION INC 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 ARKANSAS FOUNDATION INC 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 ARKANSAS FOUNDATION INC?
The 990 for the year ended June 30, 2025 names TRACI PHELAN.
Who are the officers and directors of UNIVERSITY OF ARKANSAS FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 33 people; 8 received compensation from the organization, the highest $464,857 (DR CLAY H DAVIS, PRESIDENT/CEO).
How much revenue does UNIVERSITY OF ARKANSAS FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $154,079,588, expenses of $142,873,537 and total assets of $2,250,433,051 at year end.

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