We drive this positive change by providing quality programs and services for UConn’s alumni and supporters, and by serving as the primary fundraising vehicle for the University. The Foundation solicits, administers, and invests private funds for the sole benefit of the University and its mission of pursuing excellence in teaching, research, and public service.
How is the UConn Foundation Similar to Other Foundations?
The UConn Foundation, like other institutionally related foundations, exists solely to promote the educational, research, and outreach missions of the university it serves. Foundations solicit, receive, and administer private gifts and financial resources that provide additional support beyond the university’s state appropriations, revenue, and grant income.
The University of Connecticut and the UConn Foundation have a fee-for-service arrangement under the terms of an annual operating agreement. The agreement stipulates that the UConn Foundation will conduct private fundraising on behalf of the University of Connecticut. This is a longstanding practice at the University of Connecticut and most other major public universities. It is also fully consistent with Connecticut statutes governing the proper University-Foundation relationship.
The UConn Foundation was founded by UConn President Lester E. Shippee in 1962. It was established to support and promote the educational, scientific, cultural, research, and recreational objectives of the University of Connecticut.
The UConn Alumni Association Board of Directors voted to merge the UConn Foundation and the Alumni Association in March 2015. The objective of doing so was to strengthen the University’s relationship with its many alumni. Effective July 1, 2015, the UConn Foundation also assumed all alumni engagement responsibilities for the University of Connecticut.