University of Arkansas Foundation

The University of Arkansas Foundation, Inc. is a charitable corporation created under and by the laws of the state of Arkansas. The corporation is exempt from federal income tax under section 501(c)3 of the Internal Revenue Code of 1986.

The primary purpose of the Foundation is to advance higher education by securing private financial support for all units and activities of the University of Arkansas. To that end the Foundation is authorized to receive, hold, invest, manage and control property which may be acquired by the Foundation, and to distribute or use such assets for the benefit of the University of Arkansas in accordance with the purposes stipulated by the donors, grantors, or testators.

The Foundation values each donor and each gift. We will disclose fully to donors and prospective donors the policies and programs of the Foundation, but will keep confidential those matters requested by donors.

Relation of Foundation to University of Arkansas

Although the University of Arkansas Foundation, Inc. is the primary avenue of giving to support academic programs at all campuses of the University of Arkansas, there are other organizations through which donations to the University may be received. On some campuses, the alumni associations accept donations for the support of various activities, and the Razorback Foundation, which is separate from the University of Arkansas Foundation, is the major fundraiser for intercollegiate athletics on the Fayetteville campus.

The University of Arkansas Foundation is governed by a 22-member Board of Directors, only four of which are members of the University of Arkansas Board of Trustees. The Fayetteville and Agricultural Development Councils and the five Foundation Funds elect two members each to the board of directors and four members are elected at-large by the other members of the board. The Councils and Funds which assist in raising funds for the various units are as follows:

  • University of Arkansas for Medical Sciences Foundation Fund
  • Winthrop P. Rockefeller Cancer Institute Foundation Fund
  • University of Arkansas at Little Rock Foundation Fund
  • University of Arkansas at Fayetteville Development Council
  • University of Arkansas at Monticello Foundation Fund
  • University of Arkansas at Pine Bluff Foundation Fund
  • Agricultural Development Council