University of Massachusetts Foundation Inc
Newton, MA · EIN 04-6013152 · Education · Rank 3,384 by total revenue
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 & public gifts for the benefit of the university of massachusetts and its educational mission.
Money, Form 990 for tax year 2024
- Total revenue
- $172,508,463
- Total expenses
- $52,686,406
- Total assets
- $2,798,247,960
- Salary base (all salaries and wages)
- $9,309,571
- Salaries, other pay and benefits
- $10,745,388
- Employees
- 46
- Salary base per employee
- $202,382
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (21)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| James R Julian Jr | CHIEF EXECUTIVE OFFICER | Officer | 40 | $1,173,502 |
| Barry Morrison | CHIEF FINANCIAL OFFICER | Officer | 40 | $501,577 |
| Paul Dawley | GENERAL COUNSEL | Officer | 40 | $451,898 |
| Robert J Manning | DIRECTOR/CHAIR | Board, Officer | 1 | None reported |
| Victor Woolridge | DIRECTOR/TREASURER | Board, Officer | 1 | None reported |
| Maria D Furman | DIRECTOR/SECRETARY | Board, Officer | 1 | None reported |
| Jonathan Gibbons | CHIEF INVESTMENT OFFICER | Key employee | 40 | $1,777,237 |
| Katherine D Targett | CHIEF DIGITAL INFORMATION OFFICER | Key employee | 40 | $277,248 |
| Nathan P Chesley | DIRECTOR | Board | 1 | None reported |
| Jose J Cortez | DIRECTOR | Board | 1 | None reported |
| Katherine P Craven | DIRECTOR | Board | 1 | None reported |
| Edward H D'alelio | DIRECTOR | Board | 1 | None reported |
| Jose F Demedeiros | DIRECTOR | Board | 1 | None reported |
| Daniel E Feder | DIRECTOR | Board | 1 | None reported |
| Grace K Fey | DIRECTOR | Board | 1 | None reported |
| Warren J Isabelle | DIRECTOR | Board | 1 | None reported |
| Philip W Johnston | DIRECTOR (UNTIL 4/25) | Board | 1 | None reported |
| R Norman Peters ESQ | DIRECTOR | Board | 1 | None reported |
| Paul T Quistberg | DIRECTOR | Board | 1 | None reported |
| Robert R Reitano | DIRECTOR | Board | 1 | None reported |
| Suzanne L Stefany | DIRECTOR | Board | 1 | None reported |
Top 10 paid people listed
These 10 people received $6,202,198, which is 66.6% of the $9,309,571 salary base shared by 46 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Jonathan Gibbons | CHIEF INVESTMENT OFFICER | Key employee | 40 | $1,469,690 | $0 | $307,547 | $1,777,237 |
| James R Julian Jr | CHIEF EXECUTIVE OFFICER | Officer | 40 | $1,014,591 | $0 | $158,911 | $1,173,502 |
| Geoffrey Bowes | MANAGING DIRECTOR, INVESTMENT TEAM | Highly paid employee | 40 | $563,826 | $0 | $179,926 | $743,752 |
| Barry Morrison | CHIEF FINANCIAL OFFICER | Officer | 40 | $404,666 | $0 | $96,911 | $501,577 |
| Paul Dawley | GENERAL COUNSEL | Officer | 40 | $355,810 | $0 | $96,088 | $451,898 |
| Derek Wade | DIRECTOR OF INVESTMENT OPERATIONS | Highly paid employee | 40 | $312,757 | $0 | $95,078 | $407,835 |
| Hsungwen Chang | DIRECTOR OF INVESTMENT (UNTIL 9/25) | Highly paid employee | 40 | $292,734 | $0 | $108,041 | $400,775 |
| Katherine D Targett | CHIEF DIGITAL INFORMATION OFFICER | Key employee | 40 | $248,215 | $0 | $29,033 | $277,248 |
| Qing Wan | CONTROLLER | Highly paid employee | 40 | $193,106 | $0 | $64,852 | $257,958 |
| William K Chase | SR. DIR. OF IT INFRASTRUCTER & SECURITY | Highly paid employee | 40 | $190,305 | $0 | $20,111 | $210,416 |
Sources
- IRS e-file return 202601359349306395 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 04-6013152