What is the UNLV Foundation, and what is its purpose?
The UNLV Foundation is an IRS Code 501(c)(3) nonprofit organization that seeks and manages gifts to the university. It was founded in November 1981 to coordinate all private giving for UNLV. The Foundation solicits, receives, and administers gifts and financial resources from private sources for the benefit of all programs of the university. Gifts to UNLV through the Foundation each year provide scholarships, research facilities, equipment, and other enhancements that improve the quality of higher education. Earnings from the UNLV Foundation endowment also provide a dependable, long-term source of income for the university. As a public nonprofit organization, the Foundation has members and no capital stock.
