University Impact (ui) was founded to build an ecosystem that can accelerate solving the world's social and environmental problems. That ecosystem consits of: 1) University students, 2) Impact startups in need of consulting services and that are preparing to fundraise, and 3) academic institutions researching solutions to the world's social and environmental problems.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$55K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $78.3M a year · 79% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$55K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
30 mo
of spending, in cash
Plus $2.3M in investments, Pt X · Ln 11–13
Looks good: 29.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
21
named funders · $28.2M
Looks good: 21 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$307K
6% of total assets
Looks good: liabilities are 6% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 5 voting members
Looks good: 4 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.4M
Spent
$862K
To programs
94%
Net assets
$4.5M
By yearFY2020–FY2024
Revenue
$5.4M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$5.4M
FY2021$79.6M
FY2022$97.1M
FY2023$128.8M
FY2024$185.4M
Expenses
$862K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$862K
FY2021$11.0M
FY2022$18.1M
FY2023$30.6M
FY2024$44.5M
Net assets
$4.5M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$4.5M
FY2021$65.3M
FY2022$134.5M
FY2023$228.8M
FY2024$383.0M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 2018.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $806K Management & general 6% · $54K Fundraising 0% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990; $55K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$54,808Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Daniel Blake’s $6K as Executive Director is at the 0th percentile of top reported officer pay among 675 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022FY2020
Daniel Blake$6,000$9,616$54,808

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See University Impact executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes
  • Loans to or from officersSch L · Pt II2 listed

Programs and updates

Trains university students to provide consulting and due diligence services to impact startups, accelerating solutions to global social and environmental problems.

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Provided by the organization

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1 program · $806K · in their own filed words · FY2020
01

University Impact Held Two Online Impact Bootcamps

Training 51 college students and also helped perform due diligence by: I. Deal screens on 148 companies ii. 35 due diligence memos iii. 12 new impact grants and investments

$806Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 21 funders →
Grants paid · 682 grants · $92.9M · 2020–2024
Ola KapukapuakeaHI · FY2024$2,475,000
Brigham Young UniversityUT · FY2024$1,984,200
American Endowment FoundationOH · FY2024$1,313,897
Ok FoundationUT · FY2024$1,228,000
Southern Highlands Reserve INCNC · FY2024$700,000
McCandless Collection INCNY · FY2024$650,000
Become MoreUT · FY2024$534,000
CoafricaUT · FY2024$450,000
B H Roberts FoundationUT · FY2024$400,000
Acts Fellowship ChurchTX · FY2024$385,000
B Moore Foundation INCUT · FY2024$276,116
Partners for Justice INCNY · FY2024$250,000
See all 682 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$5.4M
Ln 12
Gifts and grantsLn 1h$5.3M
Investment incomeLn 3$57K
Money outPt IX
$862K
Ln 25
Programscol B$806K
Managementcol C$54K
Fundraisingcol D$2K
Owns and owesPt X
$4.5M
net assets · Ln 32
Cash and savingsLn 1–2$2.2M
Total assetsLn 16$4.8M
LiabilitiesLn 26$307K
PeoplePt VI, VII
5
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$5.3M
Investment incomeLn 3$57K
Total revenueLn 12$5.4M
Assets in detailPt X, end of year
CashLn 1$750K
SavingsLn 2$1.4M
Cash and savings togetherLn 1–2$2.2M
InvestmentsLn 11–13$2.3M
Land, buildings, equipmentLn 10c$11K
Other assetsLn 15$356K
Total assetsLn 16$4.8M
LiabilitiesLn 26$307K
Net assetsLn 32$4.5M
OperationsPt I, VI
EmployeesI 520
VolunteersI 612
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$44K$2.2M
InvestmentsLn 11–13$2.3M
Land, buildings, equipmentLn 10c$15K$11K
Total assetsLn 16$66K$4.8M
LiabilitiesLn 26$82K$307K
Net assetsLn 32−$15K$4.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$471K$471K
Grants and assistance to foreign recipientsLn 3$30K$30K
Other salaries and wagesLn 7$220K$220K
Payroll taxesLn 10$16K$16K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$2K$2K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$17K$17K
OccupancyLn 16$26K$26K
TravelLn 17$2K$2K
Conferences, conventions and meetingsLn 19$1K$1K
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$472$472
Other expenses (24a–d)Ln 24$63K$61K$2K
All other expensesLn 24e$4K$2K$2K
Total functional expensesLn 25$862K$806K$54K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $185.4M$44.5M$140.9M$383.0M 990 PDF
FY2023 $128.8M$30.6M$98.2M$228.8M 990 PDF
FY2022 $97.1M$18.1M$79.0M$134.5M 990 PDF
FY2021 $79.6M$11.0M$68.6M$65.3M 990 PDF
FY2020 Viewing $5.4M$862K$4.5M$4.5M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $5,356,788 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $340,062$5,299,363
I-9 Program service revenue$0
I-10 Investment income$57,425
I-11 Other revenue$0
I-12 Total revenuePrior year $340,062$5,356,788
I-13 Grants and similar amounts paid$501,233
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $229,472$235,911
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $126,019$124,790
I-18 Total expensesPrior year $355,491$861,934
I-19 Revenue less expensesPrior year −$15,429$4,494,854
Part VI · Governance 4 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $5,356,788 across 4 lines filed
VIII-1f All other contributions, gifts and grants$5,299,363
VIII-1h Total contributions, gifts and grants$5,299,363
VIII-3 Investment incomeRelated to mission $57,425$57,425
VIII-12 Total revenueRelated to mission $57,425$5,356,788
Part IX · Statement of functional expenses $861,934 across 15 lines filed
IX-1 Grants to domestic organizationsPrograms $471,233$471,233
IX-3 Grants and assistance to foreign recipientsPrograms $30,000$30,000
IX-7 Other salaries and wagesPrograms $220,133$220,133
IX-10 Payroll taxesPrograms $15,778$15,778
IX-11b Legal feesManagement $2,521$2,521
IX-11c Accounting feesManagement $2,215$2,215
IX-12 Advertising and promotionFundraising $1,610$1,610
IX-13 Office expensesManagement $17,233$17,233
IX-16 OccupancyManagement $26,284$26,284
IX-17 TravelPrograms $2,028$2,028
IX-19 Conferences, conventions and meetingsManagement $1,035$1,035
IX-22 Depreciation, depletion and amortizationPrograms $4,354$4,354
IX-23 InsuranceManagement $472$472
IX-24 Other expenses (24a–d)Programs $60,761 · Management $1,892$62,653
IX-24e All other expensesPrograms $2,163 · Management $2,222$4,385
IX-25 Total functional expensesPrograms $806,450 · Management $53,874 · Fundraising $1,610$861,934
Part X · Balance sheet $4,846,516 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $44,201$749,823
X-2 Savings and temporary cash investments$1,400,804
X-10c Land, buildings and equipment, netStart of year $15,238$10,884
X-11 Publicly traded securities$2,329,368
X-15 Other assetsStart of year $6,655$355,637
X-16 Total assetsStart of year $66,094$4,846,516
X-25 Other liabilities$53,136
X-26 Total liabilitiesStart of year $81,523$307,091
X-32 Total net assets or fund balancesStart of year −$15,429$4,539,425
X-33 Total liabilities and net assetsStart of year $66,094$4,846,516
Part XI · Reconciliation of net assets $4,539,425 net assets at year end
XI-1 Total revenue$5,356,788
XI-2 Total expenses$861,934
XI-3 Revenue less expenses$4,494,854
XI-4 Net assets at start of year−$15,429
XI-9 Other changes in net assets$60,000
XI-10 Net assets at end of year$4,539,425

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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