Public Charity

UNIVERSITY OF MONTEVALLO FOUNDATION

UNIVERSITY OF MONTEVALLO FOUNDATION is a Public Charity headquartered in MONTEVALLO, AL. Financial data from the 2025 filing: $8.4M revenue, $5.7M expenses, $79.3M total assets. 46 publicly reported grants to this organization, totaling roughly $1.2M, appear in IRS filings.

EIN: 237349527 MONTEVALLO, AL Universities NTEE: B43 Latest filing: 2025
Total Revenue$8.4M
Total Expenses$5.7M
Total Assets$79.3M
Grant Records46
Funding Total$1.2M
Filing Years2021–2025

Mission

THE UNIVERSITY OF MONTEVALLO FOUNDATION OPERATES TO ADVANCE THE MISSION OF THE UNIVERSITY OF MONTEVALLO IN ALL OF ITS EDUCATIONAL, INSTRUCTIONAL, SERVICE, CHARITABLE, AND OUTREACH ENDEAVORS. THE PRIMARY PURPOSE OF THE FOUNDATION IS TO RECEIVE, SOLICIT, ACCEPT, HOLD, ADMINISTER, USE, INVEST, ENDOW, AND DISBURSE PRIVATE PHILANTHROPIC GIFTS, BEQUESTS, DEVISES, AND ALL TYPES OF PROPERTY FOR THE EXCLUSIVE BENEFIT OF THE UNIVERSITY.

Where $100 goes at University of Montevallo Foundation

How University of Montevallo Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$91 Programs the work itself
$9 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $91 for programs

$49
Program management
54% of program spending
$29
Scholarships
32% of program spending · Reported in the filing: 1,200 students
$13
Academic support
14% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE-CHAIR Amy Nenadovich
MEMBER Anna Catherine Roberson
MEMBER Barbara Sloan
MEMBER Brigette Wright
MEMBER Carolyn Duncan
MEMBER Chris Cooper

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$628,797 21 grants
Education
$389,850 18 grants
Economic Development
$60,000 1 grant
Mental Health & Substance Abuse
$24,000 1 grant
Unspecified
$50,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $8.4M $5.7M $79.3M
2024 $10.9M $3.6M $72.6M
2023 $10.6M $3.5M $57.1M
2022 $7.3M $3.8M $48.9M
2021 $6.7M $3.5M $53.6M

Between 2021 and 2025, reported annual revenue grew from $6.7M to $8.4M (+26%), with total assets most recently reported at $79.3M.

Interactive year-over-year charts and full filing details available with membership.

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